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Mercantile Bank Corp. Message Board

  • paysdad48 paysdad48 Oct 29, 2010 9:15 AM Flag

    Worst is over

    The third quarter looks like they took a provision for everything. The 4th Q could be very pretty as they shouldn't have to take much of a provision. Yes, the net interest margin may "drip, drip,drip" but with the stock at one-third of book, hard to see how it shouldn't get back there in 2011.

 
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