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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)
  06-2016 03-2016 12-2015 09-2015 06-2015
Cash Flows From Operating Activities
Net Income 15,983 8,549 27,020 20,540 13,204
Depreciation Amortization 4,275 2,767 11,654 8,596 5,588
Income taxes - deferred N/A N/A 4,412 N/A N/A
Other Working Capital -1,129 1,100 -694 2,219 96
Loans -1,564 -544 257 -483 -824
Other Operating Activity -1,758 -1,805 -6,645 -5,305 -2,959
Operating Cash Flow $15,807 $10,067 $36,004 $25,567 $15,105
Cash Flows From Investing Activities
PPE Investments -307 44 -1,081 -932 -589
Purchase Of Investment -61,332 -17,873 -10,645 -8,266 -4,868
Sale Of Investment 87,136 22,601 101,488 79,074 68,932
Net Loans -99,276 -18,011 -188,932 -127,390 -82,399
Other Investing Activity -5,583 574 2,967 1,431 1,131
Investing Cash Flow $-79,362 $-12,665 $-96,203 $-56,083 $-17,793
Cash Flows From Financing Activities
Change In Short Term Borrowing -18,081 7,541 -12,798 -9,420 -15,488
Debt Issued 110,000 30,000 20,000 20,000 0
Debt Repayment 0 0 -6,000 -6,000 -6,000
Common Stock Issued 1,288 461 1,546 737 558
Common Stock Repurchased -3,714 -3,250 -15,718 -15,190 -9,087
Dividend Paid -5,152 -2,574 -9,516 -7,085 -4,656
Other Financing Activity -8,030 -8,030 0 0 0
Financing Cash Flow $80,647 $13,888 $-22,648 $-38,373 $-31,619
Beginning Cash Position 89,891 89,891 172,738 172,738 172,738
End Cash Position 106,983 101,181 89,891 103,849 138,431
Net Cash Flow $17,092 $11,290 $-82,847 $-68,889 $-34,307
Free Cash Flow
Operating Cash Flow 15,807 10,067 36,004 25,567 15,105
Capital Expenditure -307 44 -1,081 -932 -589
Free Cash Flow 15,500 10,111 34,923 24,635 14,516
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