Mercantile Bank Corp (MBWM)
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Fiscal Year End Date: 12/31
| 12-2018 | 09-2018 | 06-2018 | 03-2018 | 12-2017 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 42,024 | 30,450 | 20,327 | 10,881 | 31,274 |
| Depreciation Amortization | 9,766 | 7,345 | 4,928 | 2,483 | 10,358 |
| Income taxes - deferred | -372 | N/A | N/A | N/A | 831 |
| Other Working Capital | 7,768 | -3,957 | -4,472 | -632 | -3,871 |
| Loans | 58 | 783 | -510 | 332 | -1,518 |
| Other Operating Activity | 2,493 | 271 | 1,080 | -19 | 1,591 |
| Operating Cash Flow | $61,737 | $34,892 | $21,353 | $13,045 | $38,665 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -6,318 | -5,084 | -3,097 | -1,429 | -5,423 |
| Purchase Of Investment | -53,650 | -35,765 | -31,122 | -13,303 | -70,037 |
| Sale Of Investment | 40,308 | 31,935 | 26,069 | 4,609 | 60,123 |
| Net Loans | -193,556 | -138,170 | -76,457 | 7,257 | -178,373 |
| Other Investing Activity | 2,736 | 2,561 | 2,415 | 410 | 2,238 |
| Investing Cash Flow | $-210,480 | $-144,523 | $-82,192 | $-2,456 | $-191,472 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -15,229 | -6,370 | -24,175 | -13,854 | -12,962 |
| Debt Issued | 160,000 | 50,000 | 40,000 | 0 | 90,000 |
| Debt Repayment | -30,000 | -30,000 | -30,000 | 0 | -45,000 |
| Common Stock Issued | 1,273 | 566 | 383 | 218 | 1,894 |
| Common Stock Repurchased | -5,891 | 40 | 26 | 14 | 46 |
| Dividend Paid | -27,500 | -11,134 | -7,202 | -3,599 | -12,046 |
| Financing Cash Flow | $23,996 | $-10,453 | $-13,522 | $467 | $169,312 |
| Beginning Cash Position | 200,101 | 200,101 | 200,101 | 200,101 | 183,596 |
| End Cash Position | 75,354 | 80,017 | 125,740 | 211,157 | 200,101 |
| Net Cash Flow | $-124,747 | $-120,084 | $-74,361 | $11,056 | $16,505 |
| Free Cash Flow | |||||
| Operating Cash Flow | 61,737 | 34,892 | 21,353 | 13,045 | 38,665 |
| Capital Expenditure | -6,318 | -5,084 | -3,097 | -1,429 | -5,423 |
| Free Cash Flow | 55,419 | 29,808 | 18,256 | 11,616 | 33,242 |