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EX-99.1 - EXHIBIT 99.1 - MERCANTILE BANK CORPex99-1.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): April 19, 2016

 


 

Mercantile Bank Corporation

(Exact name of registrant as specified in its charter)

 

 

Michigan

 

000-26719

 

38-3360865

(State or other jurisdiction

 

(Commission File

 

(IRS Employer

of incorporation)   Number)   Identification Number)
         
         
310 Leonard Street NW, Grand Rapids, Michigan        49504  
(Address of principal executive offices)       (Zip Code)
       
       
Registrant's telephone number, including area code   616-406-3000  

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

 

Item 8.01     Other Events.

 

 

On April 19, 2016, Mercantile Bank Corporation (the “Company”) issued a press release announcing a quarterly cash dividend of $0.16 per share. The quarterly cash dividend will be paid on June 22, 2016 to shareholders of record as of June 10, 2016.

 

The press release also announced an expansion of the Company’s current stock repurchase program. Under this expansion, an additional $15 million in repurchases of the Company’s common stock has been authorized. Repurchases may be made from time to time in open market transactions at prevailing market prices or by other means in accordance with applicable regulations of the Securities and Exchange Commission.

 

A copy of the press release issued is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this Item 8.01 by reference.

 

 

Item 9.01     Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit Number 

Description

 

 

         99.1      

Press release of Mercantile Bank Corporation Dated April 19, 2016, announcing second quarter dividend and expansion of stock repurchase program

                        

 

 

Signatures

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Mercantile Bank Corporation

 

 

 

 

 

 

By:

/s/ Charles E. Christmas

 

 

 

Charles E. Christmas

 

    Executive Vice President, Chief  

 

 

Financial Officer and Treasurer

 

 

Date: April 19, 2016

 

 

 

 

Exhibit Index

 

 

Exhibit Number 

Description

 

 

         99.1      

Press release of Mercantile Bank Corporation Dated April 19, 2016, announcing second quarter dividend and expansion of stock repurchase program

             

 

 

 

 3