Mercantile Bank Corporation announced that Robert B. Kaminski, Jr. has retired as President of Mercantile. Mr. Kaminski remains a Director of both Mercantile and the Bank. Robert B. Kaminski Jr., 62, was one of the founding officers of Mercantile in 1997 and has 40 years of commercial banking experience.

Mr. Kaminski was appointed President and CEO of Mercantile on January 1, 2017, and had served as CEO of the Bank since 2015. Mr. Kaminski had been in various positions of influence and responsibility with Mercantile and the Bank, serving Mercantile and the Bank as Senior Vice President and Secretary from 1997 to 2003, EVP and Secretary from 2003 to 2015 and President and CEO of the Bank from 2015 through 2016. In addition, he served as the Bank's COO from 2000 to 2015.

Mr. Kaminski has also served as a Director of Mercantile since 2016 and as a Director of the Bank since 2011. Raymond E. Reitsma, 61, has resigned as Executive Vice President and Chief Operating Officer ("COO") of Mercantile and has been appointed as President and CEO of Mercantile and CEO of the Bank. Mr. Reitsma will continue to serve as President of the Bank and Director of both Mercantile and the Bank.

Mr. Reitsma has been with the Bank for 20 years, beginning in 2003 as a Commercial Loan Manager. In 2015, Mr. Reitsma was appointed as the Bank's West Region President and became President of the Bank on January 1, 2017. Mr. Reitsma was appointed EVP of Mercantile in 2018 and served as COO of Mercantile during 2022 and 2023.

Mr. Reitsma has also served as a Director of Mercantile since 2023 and as a Director of the Bank since 2016. Mr. Reitsma's areas of responsibility have included commercial lending, treasury/cash management, mortgage lending, operations, risk management, retail/branches, and credit administration. Mr. Reitsma was also very instrumental in the preparation, transition, and integration periods surrounding the merger with Firstbank Corporation.

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. Scott P. Setlock, 42, has been appointed as EVP, COO, and Secretary of Mercantile and as Secretary of the Bank.

Mr. Setlock remains EVP and COO of the Bank. Mr. Setlock was appointed to the role of EVP, COO, and Secretary of Mercantile effective January 1, 2024, and has served as EVP and COO of the Bank since January 1, 2022. In his 20-year tenure with the Bank, Mr. Setlock has held roles within commercial credit, commercial credit management, commercial lending, and mortgage lending management.

He maintains an active role in the community, serving on the Board and Executive Committee of Junior Achievement of the Michigan Great Lakes where he also regularly volunteers directly with students. Mr. Setlock has previously served as an Adjunct Professor of Bank Management at the Seidman College of Business at Grand Valley State University, on the Board and Executive Committee of the Seidman Alumni Board and on the Seidman Finance Advisory Committee. Other prior community service includes holding the role of Board Chair at In the Image for six years and serving on the Heart of West Michigan United Way Campaign Cabinet overseeing the Finance Division.

Mr. Setlock graduated from Grand Valley State University with a BBA and an MBA in Finance and Economics. He is also a graduate of the American Banking Association Stonier Graduate School of Banking and associated Wharton leadership programs.