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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 ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2013 09-2013 06-2013 03-2013 12-2012
Cash Flows From Operating Activities
Net Income 17,033 11,870 8,416 4,400 12,535
Depreciation Amortization 2,208 1,629 1,086 553 2,238
Income taxes - deferred 8,092 N/A N/A N/A 5,636
Other Working Capital 10,990 14,864 11,296 594 -529
Loans 2,394 2,092 520 665 -1,520
Other Operating Activity -12,035 -8,487 -4,867 -2,913 -1,329
Operating Cash Flow $28,682 $21,968 $16,451 $3,299 $17,031
Cash Flows From Investing Activities
PPE Investments -326 -250 -134 -80 -571
Purchase Of Investment -49,812 -37,492 -28,973 -14,984 -69,956
Sale Of Investment 45,119 41,888 32,443 12,314 102,672
Net Loans -15,298 -37,232 -20,433 14,779 16,237
Other Investing Activity 7,898 6,505 5,659 2,639 18,348
Investing Cash Flow $-12,419 $-26,581 $-11,438 $14,668 $66,730
Cash Flows From Financing Activities
Change In Short Term Borrowing 4,540 915 -7,437 3,979 -7,804
Debt Issued 10,000 10,107 49 81 20,000
Debt Repayment N/A N/A N/A N/A -30,000
Common Stock Issued 322 33 33 16 241
Common Stock Repurchased 19 19 19 9 -7,426
Dividend Paid -3,889 -2,851 -1,814 -864 -1,270
Other Financing Activity 0 0 0 0 -21,000
Financing Cash Flow $-5,301 $-5,472 $-83,039 $-39,193 $-24,130
Beginning Cash Position 136,003 136,003 136,003 136,003 76,372
End Cash Position 146,965 125,918 57,977 114,777 136,003
Net Cash Flow $10,962 $-10,085 $-78,026 $-21,226 $59,631
Free Cash Flow
Operating Cash Flow 28,682 21,968 16,451 3,299 17,031
Capital Expenditure -326 -250 -134 -80 -571
Free Cash Flow 28,356 21,718 16,317 3,219 16,460
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