Efficiency Ratio Over Time
Efficiency Ratio Mercantile Bank Of Michigan All Insured Commercial Banks in Michigan
12-31-2016 58.963 71.925
09-30-2016 60.11 72.284
06-30-2016 60.828 72.703
03-31-2016 63.158 74.111
12-31-2015 64.481 73.902
09-30-2015 64.445 72.796
06-30-2015 65.268 73.108
03-31-2015 63.952 74.364
12-31-2014 69.366 75.309
09-30-2014 70.591 75.334
06-30-2014 72.92 75.605
03-31-2014 68.914 76.846
12-31-2013 61.647 74.841
09-30-2013 62.926 73.806
06-30-2013 62.907 73.811
03-31-2013 61.91 73.988
12-31-2012 68.451 71.723
09-30-2012 69.864 71.614
06-30-2012 69.836 71.839
03-31-2012 66.472 72.697
12-31-2011 66.003 73.486
09-30-2011 67.604 73.637
06-30-2011 68.399 74.221
03-31-2011 71.396 75.166
12-31-2010 67.034 74.379
09-30-2010 65.367 74.86
06-30-2010 64.559 75.739
03-31-2010 64.929 76.883
12-31-2009 71.784 82.058
09-30-2009 75.122 81.121
06-30-2009 75.129 82.109
03-31-2009 70.665 80.184
12-31-2008 71.111 80.181
09-30-2008 73.042 75.465
06-30-2008 74.031 75.619
03-31-2008 69.985 76.097
12-31-2007 54.56 72.221
09-30-2007 52.638 70.635
06-30-2007 51.814 69.92
03-31-2007 49.058 70.315
12-31-2006 43.252 66.877
09-30-2006 43.183 65.716
06-30-2006 43.451 66.171
03-31-2006 44.075 66.982
12-31-2005 46.965 64.078
09-30-2005 46.888 64.016
06-30-2005 45.183 63.808
03-31-2005 45.833 64.541
12-31-2004 43.904 64.329
09-30-2004 43.977 64.747
06-30-2004 44.711 65.538
03-31-2004 44.684 66.274
12-31-2003 46.094 63.66
09-30-2003 46.347 62.955
06-30-2003 45.915 63.034
03-31-2003 46.061 63.233
12-31-2002 42.773 62.526