Mercantile Bank Corp (MBWM)
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Fiscal Year End Date: 12/31
| 03-2015 | 12-2014 | 09-2014 | 06-2014 | 03-2014 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 6,646 | 17,331 | 11,038 | 5,089 | 3,580 |
| Depreciation Amortization | 2,833 | 7,613 | 4,734 | 1,967 | 512 |
| Income taxes - deferred | N/A | 4,506 | N/A | N/A | N/A |
| Other Working Capital | 121 | -7,633 | -1,516 | 5,568 | -1,183 |
| Loans | -1,856 | 405 | -170 | 50 | -581 |
| Other Operating Activity | 62 | -7,783 | -5,599 | -3,842 | -1,767 |
| Operating Cash Flow | $7,806 | $14,439 | $8,487 | $8,832 | $561 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -288 | -2,175 | -1,167 | -874 | -311 |
| Net Acquisitions | N/A | 91,806 | 91,806 | 91,806 | N/A |
| Purchase Of Investment | -1,800 | -19,874 | -14,379 | -11,679 | -11,672 |
| Sale Of Investment | 23,036 | 81,407 | 46,445 | 22,800 | 4,407 |
| Net Loans | -27,224 | -90,853 | -70,034 | -75,655 | -12,939 |
| Other Investing Activity | 754 | 4,427 | 3,184 | 1,940 | 777 |
| Investing Cash Flow | $-5,522 | $64,738 | $55,855 | $28,338 | $-19,738 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -19,350 | 43,780 | 19,080 | 319 | -6,140 |
| Debt Repayment | -6,000 | -3,000 | 0 | 0 | 0 |
| Common Stock Issued | 272 | 491 | 319 | 75 | 0 |
| Common Stock Repurchased | -1,974 | 23 | 10 | 0 | 0 |
| Dividend Paid | -2,377 | -24,464 | -22,436 | -20,417 | -1,041 |
| Financing Cash Flow | $-26,232 | $-53,404 | $-79,055 | $-65,282 | $-17,841 |
| Beginning Cash Position | 172,738 | 146,965 | 146,965 | 146,965 | 146,965 |
| End Cash Position | 148,790 | 172,738 | 132,252 | 118,853 | 109,947 |
| Net Cash Flow | $-23,948 | $25,773 | $-14,713 | $-28,112 | $-37,018 |
| Free Cash Flow | |||||
| Operating Cash Flow | 7,806 | 14,439 | 8,487 | 8,832 | 561 |
| Capital Expenditure | -288 | -2,175 | -1,167 | -874 | -311 |
| Free Cash Flow | 7,518 | 12,264 | 7,320 | 7,958 | 250 |