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Dear Editor:
We were quite distressed to read your erroneous reports of our profits here at Mercantile Bank. In your Monday edition you erroneously stated the amount of our third-quarter deposits and indicated the bank’s deposits were down from a year earlier.
Here are the correct facts: Our deposits dropped by about $122 million, or 3.3 percent, in the third quarter, but they were up 2.2 percent at the end of September from a year earlier. At the end of September, we had $4,980,345,678 in deposits.
Please make an immediate retraction in your next edition.
Yours truly,
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