For Mercantile Bank, from the Interest Rate Scenario Analysis, what is the prediction for the change in NII in dollars for a 2% increase in market interest rates?
The following table depicts our GAP position as of December 31, 2020: Within Three Months Three to Twelve Months One to Five Years After Five Years Total $ $ $ Assets: Commercial loans (1) Residential real estate loans Consumer loans Securities (2) Interest-earning deposits Allowance for loan losses Other assets Total assets 444,790,000 7,479,000 1,110,000 19,567,000 560,424,000 0 0 1,033,370,000 275,587,000 18,487,000 958,000 6,487,000 750,000 0 0 302,269,000 $ 1,555,114,000 153,263,000 14,115,000 117,750,000 2,000,000 0 0 1,842,242,000 514,820,000 229,874,000 761,000 261,545,000 0 0 0 1,007,000,000 $ 2,790,311,000 409,103,000 16,944,000 405,349,000 563,174,000 (37,967,000) 290,430,000 4,437,344,000 Liabilities: Interest-bearing checking Savings deposits Money market accounts Time deposits under $100,000 Time deposits $100,000 & over Short-term borrowings Federal Home Loan Bank advances Other borrowed money Noninterest-bearing checking Other liabilities Total liabilities Shareholders' equity Total liabilities & shareholders' equity Net asset (liability) GAP Cumulative GAP 473,053,000 338.070,000 611,912,000 35,330,000 79,500,000 118,365,000 0 49,996,000 0 0 1,706,226,000 0 1,706,226,000 (672.856,000 (672,856,000) 0 0 0 55,680,000 156,736,000 0 20,000,000 0 0 0 232,416,000 0 232,416,000 69,853,000 (603,003,000 0 0 0 0 74,538,000 153.331.000 0 304,000,000 0 0 0 531,869,000 0 531,869,000 1,310,373,000 707,370,000 0 0 0 0 0 0 70,000,000 0 0 0 70,000,000 473,053,000 338,070,000 611,912,000 165,548,000 389,567,000 118,365,000 394,000,000 49,996,000 1,433,403,000 21,876,000 3,995,790,000 441,554,000 4,437,344,000 $ $ $ 70,000,000 937,000,000 1,644,370,000 $ $ Percent of cumulative GAP to total assets (15.2%) (13.6%) 15.9% 37.1% The following table depicts our GAP position as of December 31, 2020: Within Three Months Three to Twelve Months One to Five Years After Five Years Total $ $ $ Assets: Commercial loans (1) Residential real estate loans Consumer loans Securities (2) Interest-earning deposits Allowance for loan losses Other assets Total assets 444,790,000 7,479,000 1,110,000 19,567,000 560,424,000 0 0 1,033,370,000 275,587,000 18,487,000 958,000 6,487,000 750,000 0 0 302,269,000 $ 1,555,114,000 153,263,000 14,115,000 117,750,000 2,000,000 0 0 1,842,242,000 514,820,000 229,874,000 761,000 261,545,000 0 0 0 1,007,000,000 $ 2,790,311,000 409,103,000 16,944,000 405,349,000 563,174,000 (37,967,000) 290,430,000 4,437,344,000 Liabilities: Interest-bearing checking Savings deposits Money market accounts Time deposits under $100,000 Time deposits $100,000 & over Short-term borrowings Federal Home Loan Bank advances Other borrowed money Noninterest-bearing checking Other liabilities Total liabilities Shareholders' equity Total liabilities & shareholders' equity Net asset (liability) GAP Cumulative GAP 473,053,000 338.070,000 611,912,000 35,330,000 79,500,000 118,365,000 0 49,996,000 0 0 1,706,226,000 0 1,706,226,000 (672.856,000 (672,856,000) 0 0 0 55,680,000 156,736,000 0 20,000,000 0 0 0 232,416,000 0 232,416,000 69,853,000 (603,003,000 0 0 0 0 74,538,000 153.331.000 0 304,000,000 0 0 0 531,869,000 0 531,869,000 1,310,373,000 707,370,000 0 0 0 0 0 0 70,000,000 0 0 0 70,000,000 473,053,000 338,070,000 611,912,000 165,548,000 389,567,000 118,365,000 394,000,000 49,996,000 1,433,403,000 21,876,000 3,995,790,000 441,554,000 4,437,344,000 $ $ $ 70,000,000 937,000,000 1,644,370,000 $ $ Percent of cumulative GAP to total assets (15.2%) (13.6%) 15.9% 37.1%
