The estimated Net Worth of David M Cassard is at least $767 millier dollars as of 22 November 2010. Mr. Cassard owns over 2,000 units of Mercantile Bank stock worth over $717,055 and over the last 22 years he sold MBWM stock worth over $0. In addition, he makes $50,054 as Independent Director at Mercantile Bank.
David has made over 11 trades of the Mercantile Bank stock since 2003, according to the Form 4 filled with the SEC. Most recently he bought 2,000 units of MBWM stock worth $13,800 on 22 November 2010.
The largest trade he's ever made was buying 2,800 units of Mercantile Bank stock on 21 May 2009 worth over $10,052. On average, David trades about 307 units every 83 days since 2003. As of 22 November 2010 he still owns at least 16,785 units of Mercantile Bank stock.
You can see the complete history of Mr. Cassard stock trades at the bottom of the page.
David M. Cassard serves as Independent Director of the Company. Mr. Cassard is retired. He is the former Chairman of Waters Corporation, a commercial real estate investment and management company. He served as President and Treasurer of Waters Corporation for over 20 years and became Chairman in 2005. Before joining Waters Corporation, he worked for an international firm of Certified Public Accountants. He is a graduate of the University of Michigan (BBA) and Michigan State University (MBA), and he is a Certified Public Accountant and Certified Property Manager. He previously served as a member of the Board of Directors of First Michigan Bank-Grand Rapids and was a member of the Boards of Directors of First Michigan Bank Corporation and Butterworth Hospital. He holds membership in the American Institute of CPAs, the Michigan Association of CPAs and the Institute of Real Estate Management. Mr. Cassard’s financial expertise and commercial real estate management experience were key factors in our determination that he should be a member of our Board.
As the Independent Director of Mercantile Bank, the total compensation of David Cassard at Mercantile Bank is $50,054. There are 14 executives at Mercantile Bank getting paid more, with Robert Kaminski having the highest compensation of $1,014,370.
David Cassard is 66, he's been the Independent Director of Mercantile Bank since 2001. There are 2 older and 12 younger executives at Mercantile Bank. The oldest executive at Mercantile Bank Corp. is Edward Clark, 75, who is the Independent Director.
David's mailing address filed with the SEC is C/O MERCANTILE BANK CORPORATION, 310 LEONARD ST., GRAND RAPIDS, MI, 49504.
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 et 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.
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 other stock owners filed with the SEC include: