Mercantile Bank Corp. (MBWM)’s 4th Quarter 2014 Earnings Result Conference Call Transcript

Below is  transcript of the Mercantile Bank Corp. (NASDAQ:MBWM)’s 4th Quarter 2014 Earnings Result Conference Call, held on January 20, 2015, at 10:00 a.m. EST. Castine Capital Management, Elizabeth Park Capital Management and Renaissance Technologies was among Mercantile Bank Corp. (NASDAQ:MBWM) shareholders at the end of the third quarter.

Mercantile Bank Corp. (NASDAQ:MBWM) is a bank holding company. The Company owns Mercantile Bank of Michigan (the Bank). The Bank is a state banking company. The bank, through its seven offices, provides commercial banking services primarily to small-to medium-sized businesses and retail banking services in and around the Grand Rapids, Holland and Lansing areas.

Company Representatives:

Michael H. Price – President and Chief Executive Officer

Charles E. Christmas – Senior Vice President, Chief Financial Officer and Treasurer

Robert B. Kaminski Jr. – Executive Vice President, Chief Operating Officer and Secretary.

Analysts:

Damon Demachi – KBW

Matthew Forgotson – Sandy O’Neill & Partners

John Rhodes – FIG Partners

Daniel Cardenas – Raymond James

Steven Galson – TA Davidson

Operator

Good morning and welcome to the Mercantile Bank Corporation 4th Quarter 2014 earnings result conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by “0”. After today’s presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then 1, on your touch-tone phone. To withdraw your question, please press star, then 2. Please note, this event is being recorded. I would now like turn the call to Robert Burton with Lambert Edwards. Please go ahead.

Robert Burton:

Thank you Andrew, good morning everyone and thank you for joining Mercantile Bank Corporation Conference Call and Webcast to discuss the company’s financial results for the fourth quarter and full year 2014. I’m Bob Burton with Lambert Edwards, from Mercantile’s Investor relations fund and joining me are members of their management team including Michael H. Price – President and Chief Executive Officer, Robert B. Kaminski Jr. – Executive Vice President, Chief Operating Officer and Secretary and Charles E. Christmas – Senior Vice President, Chief Financial Officer. We will begin the call with management’s prepared remarks and then open the call up to questions. However, before we begin today’s call, it is my responsibility to inform you that this call may involve certain forward looking statements such as projections of revenue earnings and capital structure as well as statements on the plans and objectives of the company’s business.