Mercantile Bank Corp (MBWM)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2024 | 12-2023 | 12-2022 | 12-2021 | 12-2020 | |
| Assets | |||||
| Cash & Cash Equivalents | 56,991 | 70,408 | 61,894 | 59,405 | 62,832 |
| Securities And Investments | 730,352 | 617,092 | 602,936 | 592,743 | 387,347 |
| Interest Bearing Deposits | 336,019 | 60,125 | 34,878 | 915,755 | 563,174 |
| Loans Gross | 4,600,781 | 4,303,758 | 3,916,619 | 3,453,459 | 3,193,470 |
| Allowance For Loan Losses | -54,454 | -49,914 | -42,246 | -35,363 | -37,967 |
| PPE Net | 53,427 | 50,928 | 51,476 | 57,298 | 58,959 |
| Intangibles | 49,473 | 49,473 | 49,473 | 50,824 | 51,909 |
| Other assets | 279,572 | 251,354 | 197,589 | 163,628 | 157,620 |
| Total Assets | $6,052,161 | $5,353,224 | $4,872,619 | $5,257,749 | $4,437,344 |
| Liabilities | |||||
| Total deposits | 4,698,366 | 3,900,918 | 3,712,811 | 4,083,193 | 3,411,553 |
| Federal Funds Purchased | 121,521 | 229,734 | 194,340 | 197,463 | 118,365 |
| Long Term Debt | 139,644 | 138,615 | 137,586 | 121,890 | 47,563 |
| Other liabilities | 508,104 | 561,812 | 386,474 | 398,644 | 418,309 |
| Total Liabilities | $5,467,635 | $4,831,079 | $4,431,211 | $4,801,190 | $3,995,790 |
| Shareholders' Equity | |||||
| Shares Outstanding, K | 16,231 | 16,117 | 15,995 | 15,841 | 16,259 |
| Common Shares | 299,705 | 295,106 | 290,436 | 285,752 | 302,029 |
| Retained earnings | 334,646 | 277,526 | 216,313 | 174,536 | 134,039 |
| Other shareholders' equity | -49,825 | -50,487 | -65,341 | -3,729 | 5,486 |
| TOTAL | $584,526 | $522,145 | $441,408 | $456,559 | $441,554 |
| Total Liabilities And Equity | $6,052,161 | $5,353,224 | $4,872,619 | $5,257,749 | $4,437,344 |