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

You know the level of pay-downs probably takes up in the 4th quarter and eluded some of the gross we wanted to see otherwise. Past and a variety of reasons but there weren’t any paths that left the bank because they were the part of the bank. But they cut the asset of the company or entity, trust defying of the secondary market. Financing with insurance. So a variety of reasons and you know we’re trying to get our arms around them`. And trying to pop up unexpected situation but, I think people can manage that process and encouraged by the growth we did based on out net basis. And before, what happened to the pipeline right now, you know I’m sure we’ll have some paths in 2015. There’s nothing on the horizon right now that looks like it’s a huge detractor from the globe but sometimes things are a little unexpected.

John Rhodes – FIG partners

Okay, and can you talk a little more about the new lenders and the grand rapids and lancing market and whether they’re from bigger banks or smaller banks?

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

Yeah, it’s probably from a variety of different banks from a variety of different situations. You see some that come over from bigger banks, competitor banks. Some others that may come from smaller banks but they have extensive time with the larger banks and the course of their career, but we’re looking for any type of lender employee is a good well built person that you can teach how we do business in market banks and we’ve got some exhibitions with these folks. That makes contact list through years of banking in our various markets and are encouraged by what the potential for them holds for 2015 and beyond.

John Rhodes – FIG partners

Okay, and hey mike another question Mike, your thoughts on the M & A environment, you know obviously there continues to be some deals in your Michigan markets and where do you think Merkenteel stands today as the ability to do deals going forward?

Michael H. Price – President and Chief Executive Officer: