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

And now, that we’ve merged for a while, a better picture emerges as to the proper allocation of FTEs and you know Bob talked about that earlier, that one of the key parts of the possibility initiatives that we’re taking a look at, is do we have the right people in the right places, are we doing things the way that are most efficient. I’m sure we will find some opportunities there but we really are getting into that now because you might imagine when we put an M.O.E together in the middle of the year the first thing you gotta protect is your customer base and your operational integrity and we’ve done a real good job at that, it’s a great staff it’s really hard to do that. And now we’re getting into more, ok, how do we act, how do we do why, are there opportunities there, how do we best do it. This is what we’re really now adding to the staff other than, as Chuck said, that we will replace folks that do leave or retire whatever. And we may not replace work for work we may be able to find some efficiency that we like so that’s kind of where we’re at.

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

Yeah, a lot of what the practice involves is going back and looking at some of the assumptions that we made in preparing for the merger now that the merger’s occurred and up and settling to look back and see how are the efforts that we made, are there some scope adjustments that we can make to retrieve more efficiency, are there some opportunities to shift some job responsibilities around top make sure the people’s skills are matched with the job that they’re doing and we all believe that there’s some opportunities there that’s why we’re excited about that potential where to begin to tune the machines and make sure the efficiencies are such that there’s a good match with skills and jobs and it’s running in a way that doesn’t grow the operational expenses.

Matthew Forgotson – Sandler O’Neill & Partners

Thank you.

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

Thank you.

This concludes our question and answer session, I would like to turn the conference back over to Michael Price, President and CEO for the closing remarks.

Michael H. Price – President and Chief Executive Officer:

Thank you Andrew, and thank you to all of you for your interest in our company and we look forward to talking again with you next quarter. With this, I will end the call.

Operator:

The conference is now concluded, thank you for attending today’s presentation. You may now disconnect.