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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)
  06-2021 03-2021 12-2020 09-2020 06-2020
Cash Flows From Operating Activities
Net Income 32,331 14,239 44,138 30,056 19,370
Depreciation Amortization 6,755 3,457 9,425 6,262 3,385
Income taxes - deferred N/A N/A -4,141 N/A N/A
Other Working Capital -14,438 -20,230 -27,837 -32,632 -44,185
Loans -4,832 -17,409 -17,899 -21,136 -35,788
Other Operating Activity 2,363 18,522 34,191 33,756 44,829
Operating Cash Flow $22,179 $-1,421 $37,877 $16,306 $-12,389
Cash Flows From Investing Activities
PPE Investments -3,555 -1,603 -8,989 -7,201 -4,429
Net Acquisitions -2,679 N/A N/A N/A N/A
Purchase Of Investment -168,906 -87,307 -369,682 -270,119 -188,630
Sale Of Investment 44,525 30,974 321,164 296,895 220,916
Net Loans -64,298 -180,147 -341,461 -472,417 -440,380
Other Investing Activity 163 158 162 475 475
Investing Cash Flow $-194,750 $-237,925 $-398,806 $-452,367 $-412,048
Cash Flows From Financing Activities
Change In Short Term Borrowing 51,372 22,945 15,690 54,342 64,852
Debt Issued 0 0 60,000 60,000 60,000
Debt Repayment 0 0 -20,000 -20,000 -20,000
Common Stock Issued 411 213 817 610 404
Common Stock Repurchased -10,829 -3,527 -6,542 -6,245 -6,257
Dividend Paid -9,220 -4,636 -17,930 -13,436 -8,962
Financing Cash Flow $306,096 $265,684 $753,204 $756,921 $661,933
Beginning Cash Position 626,006 626,006 233,731 233,731 233,731
End Cash Position 759,531 652,344 626,006 554,591 471,227
Net Cash Flow $133,525 $26,338 $392,275 $320,860 $237,496
Free Cash Flow
Operating Cash Flow 22,179 -1,421 37,877 16,306 -12,389
Capital Expenditure -3,555 -1,603 -8,989 -7,201 -4,429
Free Cash Flow 18,624 -3,024 28,888 9,105 -16,818
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