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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)
  06-2011 03-2011 12-2010 09-2010 06-2010
Cash Flows From Operating Activities
Net Income 4,138 1,420 -13,316 -8,363 -3,006
Depreciation Amortization 1,149 575 2,440 1,875 1,306
Income taxes - deferred N/A N/A -47 N/A N/A
Other Working Capital 5,578 3,335 6,313 -3,767 1,839
Loans 2,072 2,109 -479 -3,827 910
Other Operating Activity 2,084 248 34,691 30,387 14,025
Operating Cash Flow $15,021 $7,687 $29,602 $16,305 $15,074
Cash Flows From Investing Activities
PPE Investments -92 -56 -118 -84 -30
Purchase Of Investment -2,012 -2,002 -106,329 -71,526 -37,516
Sale Of Investment 27,446 15,043 129,268 104,943 66,288
Net Loans 119,240 46,215 233,958 177,861 107,560
Other Investing Activity 4,873 2,187 14,900 9,271 7,962
Investing Cash Flow $149,455 $61,387 $271,679 $220,465 $144,264
Cash Flows From Financing Activities
Change In Short Term Borrowing -45,772 -36,158 9,624 13,886 5,916
Debt Issued -83 -71 -86 -59 -54
Debt Repayment -20,000 0 -140,000 -45,000 -45,000
Common Stock Issued 60 22 2 2 3
Common Stock Repurchased 20 11 47 35 23
Dividend Paid N/A N/A -610 -610 -611
Other Financing Activity -10,000 0 0 -5,000 0
Financing Cash Flow $-101,675 $-56,384 $-258,818 $-86,509 $-101,190
Beginning Cash Position 64,198 64,198 21,735 21,735 21,735
End Cash Position 126,999 76,888 64,198 171,996 79,883
Net Cash Flow $62,801 $12,690 $42,463 $150,261 $58,148
Free Cash Flow
Operating Cash Flow 15,021 7,687 29,602 16,305 15,074
Capital Expenditure -92 -56 -118 -84 -30
Free Cash Flow 14,929 7,631 29,484 16,221 15,044
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