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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)
  09-2017 06-2017 03-2017 12-2016 09-2016
Cash Flows From Operating Activities
Net Income 23,295 14,958 7,615 31,913 23,828
Depreciation Amortization 7,820 5,352 2,548 9,576 6,730
Income taxes - deferred N/A N/A N/A -812 N/A
Other Working Capital -8,057 -5,255 -1,061 -1,292 -4,614
Loans -4,944 -1,852 -892 280 -2,023
Other Operating Activity 6,649 2,496 -239 -5,063 -1,762
Operating Cash Flow $24,763 $15,699 $7,971 $34,602 $22,159
Cash Flows From Investing Activities
PPE Investments -4,192 -2,161 -1,138 -2,025 -1,051
Purchase Of Investment -53,286 -27,082 -15,911 -164,795 -130,873
Sale Of Investment 52,883 36,251 10,858 172,437 153,045
Net Loans -172,665 -148,384 -61,701 -97,282 -124,126
Other Investing Activity 3,514 3,037 2,819 -4,896 -5,497
Investing Cash Flow $-173,746 $-138,339 $-65,073 $-96,561 $-108,502
Cash Flows From Financing Activities
Change In Short Term Borrowing -9,430 -20,790 -5,031 -23,061 -7,928
Debt Issued 90,000 90,000 40,000 110,000 110,000
Debt Repayment -45,000 -20,000 -10,000 -3,000 0
Common Stock Issued 1,715 1,534 1,393 2,579 1,685
Common Stock Repurchased 36 23 12 -3,696 -3,705
Dividend Paid -8,941 -5,850 -2,923 -18,731 -7,895
Other Financing Activity 0 0 0 -8,030 -8,030
Financing Cash Flow $142,438 $40,653 $-73,518 $155,664 $138,182
Beginning Cash Position 183,596 183,596 183,596 89,891 89,891
End Cash Position 177,051 101,609 52,976 183,596 141,730
Net Cash Flow $-6,545 $-81,987 $-130,620 $93,705 $51,839
Free Cash Flow
Operating Cash Flow 24,763 15,699 7,971 34,602 22,159
Capital Expenditure -4,192 -2,161 -1,138 -2,025 -1,051
Free Cash Flow 20,571 13,538 6,833 32,577 21,108
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