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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)
  03-2010 12-2009 09-2009 06-2009 03-2009
Cash Flows From Operating Activities
Net Income -2,643 -52,087 -16,000 -10,714 -4,489
Depreciation Amortization 615 2,577 2,172 1,472 714
Income taxes - deferred N/A 9,973 N/A N/A N/A
Other Working Capital 1,004 -29,380 -15,556 -9,080 -2,845
Loans 1,693 -2,374 -679 -2,819 -263
Other Operating Activity 6,664 62,516 34,506 23,636 9,901
Operating Cash Flow $7,333 $-8,775 $4,443 $2,495 $3,018
Cash Flows From Investing Activities
PPE Investments -14 -44 -29 -26 -12
Purchase Of Investment -7,525 -74,084 -41,009 -32,814 -13,663
Sale Of Investment 38,410 58,613 44,806 36,608 14,093
Net Loans 32,121 251,924 197,564 127,948 71,299
Other Investing Activity 4,923 6,158 2,816 1,887 487
Investing Cash Flow $67,915 $242,567 $204,148 $133,603 $72,204
Cash Flows From Financing Activities
Change In Short Term Borrowing -3,736 7,942 8,434 15,172 -2,431
Debt Issued -61 2,362 2,339 2,322 2,297
Debt Repayment -15,000 -70,000 -50,000 -40,000 -15,000
Common Stock Issued 2 11 9 8 7
Common Stock Repurchased 12 57 43 30 18
Dividend Paid -349 -1,119 -772 -424 -339
Other Financing Activity 0 20,834 20,834 20,834 0
Financing Cash Flow $-550 $-237,861 $-167,720 $-123,000 $36,260
Beginning Cash Position 21,735 25,804 25,804 25,804 25,804
End Cash Position 96,433 21,735 66,675 38,902 137,286
Net Cash Flow $74,698 $-4,069 $40,871 $13,098 $111,482
Free Cash Flow
Operating Cash Flow 7,333 -8,775 4,443 2,495 3,018
Capital Expenditure -14 -44 -29 -26 -12
Free Cash Flow 7,319 -8,819 4,414 2,469 3,006
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