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Mercantile Bank Corp (MBWM)

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 ]]
Balance Sheet for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2023 09-2023 06-2023 03-2023 12-2022
Assets
Cash & Cash Equivalents 70,408 64,551 69,133 47,151 61,894
Securities And Investments 617,092 592,305 608,972 619,973 602,936
Interest Bearing Deposits 60,125 201,436 138,663 10,787 34,878
Loans Gross 4,303,758 4,104,376 4,051,843 3,965,528 3,916,619
Allowance For Loan Losses -49,914 -48,008 -44,721 -42,877 -42,246
PPE Net 50,928 52,231 52,291 51,510 51,476
Intangibles 49,473 49,685 49,764 49,897 49,473
Other assets 251,354 234,436 211,642 193,905 197,589
Total Assets $5,353,224 $5,251,012 $5,137,587 $4,895,874 $4,872,619
Liabilities
Total deposits 3,900,918 3,900,735 3,756,789 3,598,018 3,712,811
Federal Funds Purchased 229,734 164,082 219,457 244,660 194,340
Long Term Debt 138,615 138,358 138,101 137,844 137,586
Other liabilities 561,812 564,626 544,538 447,980 386,474
Total Liabilities $4,831,079 $4,767,801 $4,658,885 $4,428,502 $4,431,211
Shareholders' Equity
Shares Outstanding, K 16,117 16,025 16,018 15,999 15,995
Common Shares 295,106 293,961 292,906 291,516 290,436
Retained earnings 277,526 262,838 247,313 232,123 216,313
Other shareholders' equity -50,487 -73,588 -61,517 -56,267 -65,341
TOTAL $522,145 $483,211 $478,702 $467,372 $441,408
Total Liabilities And Equity $5,353,224 $5,251,012 $5,137,587 $4,895,874 $4,872,619
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