Raymond Reitsma Net Worth

Raymond Reitsma biography

Raymond E. Reitsma serves as Executive Vice President of Mercantile, President of the Bank of the Company. Mr. Reitsma was appointed President of the Bank effective January 1, 2017, and has been with the Bank for 15 years, beginning with his initial role as a Commercial Loan Manager in 2003, including holding the title of Senior Lender for eight years. In June 2015, Mr. Reitsma was appointed to be the Bank’s West Region President. Mr. Reitsma’s areas of responsibility have included commercial lending, treasury/cash management, mortgage lending, and credit administration. Mr. Reitsma was also very instrumental in the preparation, transition and integration periods surrounding the merger with Firstbank Corporation. Mr. Reitsma currently serves on the local board of the American Heart Association, and served as the Chair for the 2015 Heart Walk. Additionally, he serves on the Advisory Council of DA Blodgett/St. John’s Home and has done so since 2011. Previously, Mr. Reitsma served on the Board of Directors of the Pine Rest Foundation for six years, including two years as Treasurer. He has also been involved with the local United Way agency, most recently as the annual Campaign Chair for the Bank. Mr. Reitsma graduated from Calvin College with a B.A. in Business Administration and also holds an MBA in Finance from Michigan State University.

What is the salary of Raymond Reitsma?

As the Executive Vice President of Mercantile and President of the Bank of Mercantile Bank, the total compensation of Raymond Reitsma at Mercantile Bank is $734,412. There are 2 executives at Mercantile Bank getting paid more, with Robert Kaminski having the highest compensation of $1,014,370.

How old is Raymond Reitsma?

Raymond Reitsma is 56, he's been the Executive Vice President of Mercantile and President of the Bank of Mercantile Bank since 2017. There are 9 older and 5 younger executives at Mercantile Bank. The oldest executive at Mercantile Bank Corp. is Edward Clark, 75, who is the Independent Director.

What's Raymond Reitsma's mailing address?

Raymond's mailing address filed with the SEC is 310 Leonard St NW, Grand Rapids, MI 49504, USA.

Insiders trading at Mercantile Bank

Over the last 22 years, insiders at Mercantile Bank have traded over $6,885,951 worth of Mercantile Bank stock and bought 319,375 units worth $6,116,262 . The most active insiders traders include Curve Capital Llcbrown Thom..., Michael H Price, and Dale J Visser. On average, Mercantile Bank executives and independent directors trade stock every 32 days with the average trade being worth of $142,599. The most recent stock trade was executed by Robert B Kaminski on 3 September 2024, trading 250 units of MBWM stock currently worth $11,513.

What does Mercantile Bank do?

mercantile bank of michigan was founded in 1997 by directors and bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots. at mercantile bank, we use our local directors, our commitment to the community, and our knowledge of michigan to enable us to deliver our services in a way that truly sets us apart from our competitors. we feel our focus on the michigan business community is the best way to help build the economy, and ultimately the community.

Mercantile Bank executives and stock owners

Mercantile Bank executives and other stock owners filed with the SEC include:

• Robert Kaminski,
  President, Chief Executive Officer, Director of the Company and Chief Executive Officer of the Bank
• Robert B. Kaminski Jr.,
  Pres, CEO & Director
• Raymond Reitsma,
  Executive Vice President of Mercantile, President of the Bank
• Charles Christmas,
  Executive Vice President, Chief Financial Officer, Treasurer of the Company and Executive Vice President and Chief Financial Officer of the Bank
• Raymond E. Reitsma,
  Exec. VP
• Charles E. Christmas,
  Exec. VP, CFO & Treasurer
• Lonna Wiersma,
  Senior Vice President and Human Resource Director of Mercantile and the Bank
• Robert Worthington,
  Chief Operating Officer, Senior Vice President, General Counsel, Secretary of the Company and Bank
• Lonna L. Wiersma,
  Sr. VP & Human Resource Director
• Robert T. Worthington,
  Sr. VP, COO, Gen. Counsel & Sec.
• Michael Price,
  Chairman of the Board of the Mercantile and Bank
• Edward Clark,
  Independent Director
• Jeff Gardner,
  Independent Director
• Michelle Eldridge,
  Independent Director
• David Cassard,
  Independent Director
• David Ramaker,
  Independent Director
• Michael Davenport,
  Independent Director
• Jeff Kaiser,
  Sr. VP & Head of Risk Management Department
• Mark S. Augustyn,
  Sr. VP & Chief Lending Officer of Mercantile Bank of Michigan
• Edward B Grant,
  
• Samuel G Stone,
  EXECUTIVE VICE PRESIDENT
• Nelson F Sanchez,
  
• Thomas R Sullivan,
  Chairman of the Board
• Calvin D Murdock,
  
• Timothy O Schad,
  Director
• Lawrence W Larsen,
  Director
• Susan K Jones,
  Director
• Doyle A Hayes,
  Director
• Michael D Faas,
  Director
• John F Donnelly,
  Director
• Kirk Agerson,
  Director
• Donald Sr Williams,
  Director
• Curve Capital Llcbrown Thom...,
  
• Richard Earl Posthumus,
  Director
• Betty S Burton,
  Director
• Dale J Visser,
  Director
• Merle J Prins,
  Director
• C John Gill,
  Director
• Peter A Cordes,
  Director
• David M Hecht,
  Director
• Robert M Wynalda,
  Director
• Gerald R Jr Johnson,
  Chairman & Chief Exec. Officer
• John R Zimmerman,
  Vice President
• Amy L Sparks,
  
• Brett Hoover,
  SVP, HUMAN RESOURCES DIRECTOR