Exhibit 107
CALCULATION OF REGISTRATION FEE
Form S-8
(Form Type)
Mercantile Bank Corporation
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
|
Security Type |
Security Class Title |
Fee Calculation Rule |
Amount Registered(1) |
Proposed Maximum Offering Price Per Unit(2) |
Maximum Aggregate Offering Price(2) |
Fee Rate |
Amount of Registration Fee |
||||||||||||
|
Equity |
Common Stock |
457(c) and 457(h) |
200,000 Shares |
$ | 45.39 | $ | 9,078,000 | 0.00015310 | $ | 1,389.84 | |||||||||
|
Total Offering Amounts |
$ | 9,078,000 | $ | 1,389.84 | |||||||||||||||
|
Total Fee Offsets |
- | ||||||||||||||||||
|
Net Fee Due |
$ | 1,389.84 | |||||||||||||||||
(1) Plus an indeterminate number of additional shares which may be required to be issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.
(2) Estimated pursuant to rule 457(c) and (h) solely for purposes of calculating the registration fee, based upon the average of the high and low prices of the common stock on June 11, 2025, as reported on The Nasdaq Stock Market LLC.