Raymond E. Reitsma

CEO

COO

Personal wealth note: Equibles reports source-backed professional activity and disclosed compensation; it does not estimate personal net worth.

Affiliation history

Recorded current and former roles; source labels appear when available.

Recorded roles and earnings-call appearances connecting this person to public companies.

MBWM

Current role

CEO, COO

10 calls Latest call 2026-04-21

Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.

Fiscal year	Company	Role	Salary	Bonus	Stock awards	Option awards	Incentive	Other	Total
2024	Mercantile Bank Corp (MBWM)	President and Chief Executive Officer of Mercantile and the Bank	$627,500	—	—	—	$458,850	$95,440	$1,181,790
2023	Mercantile Bank Corp (MBWM)	President and Chief Executive Officer of Mercantile and the Bank	$484,784	—	$316,208	—	$242,392	$92,464	$1,135,848
2022	Mercantile Bank Corp (MBWM)	President and Chief Executive Officer of Mercantile and the Bank	$440,784	—	$242,387	—	$198,353	$80,629	$962,153
2021	Mercantile Bank Corp (MBWM)	Executive Vice President of Mercantile, and President of the Bank	$405,784	—	$220,395	—	$185,207	$59,274	$870,660
2020	Mercantile Bank Corp (MBWM)	Executive Vice President, and Chief Operating Officer of Mercantile, and President of the Bank	$400,621	—	$202,891	—	$118,146	$60,498	$782,156
2019	Mercantile Bank Corp (MBWM)	Chief Operating Officer of Mercantile, and President of the Bank	$370,783	—	$192,860	—	$113,552	$57,217	$734,412
2018	Mercantile Bank Corp (MBWM)	Executive Vice President of Mercantile, and President of the Bank	$346,526	—	$166,864	—	$106,124	$57,344	$676,858
2017	Mercantile Bank Corp (MBWM)	Executive Vice President of Mercantile, and President of the Bank	$330,025	—	$148,440	—	$89,107	$46,555	$614,127

Earnings-call appearances and filed executive appointments or departures, newest first.