MICHELLE L. ELDRIDGE - Corporate Board Profile

MERCANTILE BANK CORP

Filing Date	Source Excerpt
2017-04-10	Michelle L. Eldridge, age 52 Director since 2016 ...Ms. Eldridge is a Principal of Clear Ridge Wealth Management. ...Audit Committee: Michelle L. Eldridge Compensation Committee: Michelle L. Eldridge Governance and Nominating Committee: Michelle L. Eldridge ...Director Compensation For 2016 Michelle L. Eldridge No compensation for 2016 as she was appointed on December 15, 2016.
2018-04-09	Michelle L. Eldridge, age 53 Director since 2016 ...Ms. Eldridge is a Principal of Clear Ridge Wealth Management. ... Audit Committee Michelle L. Eldridge ... Compensation Committee Michelle L. Eldridge ... Governance and Nominating Committee Michelle L. Eldridge ... Director Compensation For 2017 Michelle L. Eldridge Fees Earned or Paid in Cash: 32,100 Stock Awards: 25,381 Total: 57,481
2019-04-05	Michelle L. Eldridge is 54 years old, a Director since 2016. She serves on the Audit Committee, Compensation Committee, and Governance & Nominating Committee. Her total director compensation for 2018 was $57,992.
2020-04-09	Michelle L. Eldridge DIRECTOR SINCE 2016 AGE: 55 Ms. Eldridge is a Principal of Clear Ridge Wealth Management (“Clear Ridge”) in Kalamazoo, Michigan, which she co-founded in 2014. Clear Ridge provides integrated wealth management to high net worth families and customized investment management to institutional organizations. Prior to founding Clear Ridge, Ms. Eldridge was a Principal of LVM Capital for 16 years. Ms. Eldridge serves as a trustee of the Kalamazoo Valley Community College Foundation, is part of the Leadership Council of the Small Business Association of Michigan, is Treasurer of Prince of Peace Lutheran Church, and is a member of the Kalamazoo Civic Theatre Endowment Fund Committee. She is a Chartered Financial Analyst, Certified Private Wealth Advisor®, and a graduate of Western Michigan University. Ms. Eldridge served as a director of Keystone Community Bank from 2007 through 2014. Ms. Eldridge’s experience as a Chartered Financial Analyst and Certified Private Wealth Advisor®, as well as her leadership roles in the communities we serve, were key factors in our determination that she should be a member of our Board. Director Compensation For 2019 The following table provides information about the compensation of our directors for the year ended December 31, 2019. Michelle L. Eldridge Fees Earned or Paid in Cash ($): 29,583 Stock Awards ($): 29,981 Total ($): 59,564
2021-04-08	Michelle L. Eldridge is a Director since 2016, age 56. She serves on the Audit Committee, is Chair of the Compensation Committee, and serves on the Governance & Nominating Committee. Her total annual compensation for 2020 was $66,798.
2022-04-07	Michelle L. Eldridge DIRECTOR SINCE 2016 AGE: 57 Ms. Eldridge is a Principal of Clear Ridge Wealth Management...She is a CFA charter holder and Registered Investment Advisor. Board Committees Michelle L. Eldridge Audit Committee Compensation Committee (Chair) Governance and Nominating Committee Director Compensation for 2021 Michelle L. Eldridge Fees Earned or Paid in Cash: $34,300 Stock Awards: $34,289 Total: $68,589
2023-04-14	Michelle L. Eldridge DIRECTOR SINCE 2016 AGE: 58 Ms. Eldridge is a Principal of Clear Ridge Wealth Management... Ms. Eldridge's experience as a CFA® charterholder and Registered Investment Advisor, as well as her leadership roles in the communities we serve, were key factors in our determination that she should be a member of our Board. Board Committees Member Audit Committee Chair Compensation Committee Member Governance and Nominating Committee Director Compensation for 2022 Michelle L. Eldridge Fees Earned or Paid in Cash: $34,300 Stock Awards: $34,282 Total: $68,582
2024-04-04	Ms. Eldridge is a Principal of Clear Ridge Wealth Management ... Ms. Eldridge served as a director of Keystone Community Bank from 2007 through 2014. ... Audit Committee member. ... Chair of Compensation Committee. ... Governance and Nominating Committee member. ... Director Compensation for 2023: $68,584.
2025-04-04	MICHELLE L. ELDRIDGE DIRECTOR SINCE 2016 AGE: 59 Ms. Eldridge has been a director of Mercantile since 2016 and a member of the Bank’s Board since 2014. ... Michelle L. Eldridge M C M MICHELLE L. ELDRIDGE 38,675 41,768 — — — — — 80,443