Mercantile Bank Corporation
MBWM 
NGS
Sector: Financial Services
Industry: Banks - Regional - US
39.89
USD
-0.07
(-0.18%)
Optionable: Yes Market Cap: 630 M 90-day average vol: 72,261
Previous close: 39.96 Open: 40.22 Bid: 15.9 Ask: 63.58
52 week range
25.12 42.82
Last updated: Monday 20th May 2024
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MBWM Balance Sheet
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| """debtc""" | 54 M | 55 M | 45 M | 46 M | 46 M | 47 M | 48 M | 122 M | 138 M | 139 M |
| Accrued expenses | 12 M | 16 M | 15 M | 14 M | 25 M | 22 M | 24 M | 25 M | 78 M | 94 M |
| Accumulated depreciation & depletion | -23 M | -26 M | -29 M | -31 M | -33 M | -35 M | -35 M | -37 M | -39 M | -44 M |
| AdvanceFromFederalHomeLoanBanks | 54 M | 68 M | 175 M | 220 M | 350 M | 354 M | 394 M | 374 M | 308 M | 468 M |
| AllowanceForLoansAndLeaseLosses | 20 M | 16 M | 18 M | 20 M | 22 M | 24 M | 38 M | 35 M | 42 M | 50 M |
| AssetsHeldForSale | 433 M | 345 M | 337 M | 342 M | 348 M | 5 M | ||||
| AvailableForSaleSecurities | 433 M | 347 M | 328 M | 336 M | 337 M | 335 M | 387 M | 593 M | 603 M | 617 M |
| BankOwnedLifeInsurance | 58 M | 59 M | 67 M | 69 M | 70 M | 70 M | 72 M | 75 M | 81 M | 86 M |
| Cash and equivalents | 44 M | 43 M | 50 M | 55 M | 65 M | 53 M | 63 M | 975 M | 97 M | 70 M |
| CashEquivalents | 118 M | 46 M | 133 M | 145 M | 10 M | |||||
| Common par | 318 M | 305 M | 305 M | 310 M | 308 M | 305 M | 302 M | 286 M | 290 M | 295 M |
| Common stock equity | 328 M | 334 M | 341 M | 366 M | 375 M | 417 M | 442 M | 457 M | 441 M | 522 M |
| CommonStock | 318 M | 305 M | 305 M | 310 M | 308 M | 305 M | 302 M | 286 M | 290 M | 295 M |
| Cost in excess | 49 M | 49 M | 49 M | 49 M | 49 M | 49 M | 49 M | 49 M | 49 M | 49 M |
| CurrentAccruedExpenses | 12 M | 16 M | 15 M | 14 M | 25 M | 22 M | 24 M | 25 M | 78 M | 94 M |
| CurrentDeferredTaxesLiabilities | 10 M | 10 M | 9 M | 6 M | 6 M | 7 M | 8 M | 7 M | 7 M | 7 M |
| DeferredTaxAssets | 14 M | 9 M | 13 M | 8 M | 9 M | 7 M | 4 M | 4 M | 22 M | 20 M |
| Deposits | 2,277 M | 2,275 M | 2,375 M | 2,522 M | 2,464 M | 2,690 M | 3,412 M | 4,083 M | 3,713 M | 3,901 M |
| DividendsPayable | 28 M | -17 M | -18 M | -19 M | -20 M | -21 M | ||||
| FederalFundsPurchasedAndSecuritiesSoldUnderAgreementToRepurchase | 168 M | 155 M | 132 M | 119 M | 104 M | 103 M | 118 M | 197 M | 194 M | 230 M |
| FederalFundsSold | 11 M | 599000.0 | ||||||||
| FederalFundsSoldAndSecuritiesPurchaseUnderAgreementsToResell | 11 M | 599000.0 | ||||||||
| FederalHomeLoanBankStock | 14 M | 8 M | 8 M | 11 M | 16 M | 18 M | 18 M | 18 M | 18 M | 22 M |
| FinancialInstrumentsSoldUnderAgreementsToRepurchase | 168 M | 155 M | 132 M | 119 M | 104 M | 103 M | 118 M | 197 M | 194 M | 230 M |
| Float term debt | 54 M | 68 M | 175 M | 220 M | 350 M | 354 M | 394 M | 374 M | 308 M | 468 M |
| ForeclosedAssets | 2 M | 1 M | 500000.0 | 2 M | 800000.0 | 500000.0 | 700000.0 | 200000.0 | ||
| GoodwillAndOtherIntangibleAssets | 65 M | 62 M | 59 M | 57 M | 55 M | 53 M | 52 M | 51 M | 49 M | 49 M |
| Gross fixed assets (Plant Property & Equipment) | 72 M | 73 M | 74 M | 77 M | 82 M | 93 M | 94 M | 94 M | 90 M | 95 M |
| GrossLoan | 2,089 M | 2,278 M | 2,379 M | 2,559 M | 2,753 M | 2,857 M | 3,193 M | 3,453 M | ||
| GrossNotesReceivable | 3,453 M | 3,917 M | 4,304 M | |||||||
| Intangibles | 16 M | 13 M | 10 M | 8 M | 6 M | 4 M | 2 M | 1 M | 583000.0 | |
| InterestBearingDepositsAssets | 180 M | 563 M | 916 M | 35 M | 60 M | |||||
| InterestBearingDepositsLiabilities | 1,718 M | 1,601 M | 1,564 M | 1,656 M | 1,574 M | 1,765 M | 1,978 M | 2,405 M | 2,108 M | 2,653 M |
| Invested capital | 382 M | 402 M | 516 M | 586 M | 725 M | 771 M | 836 M | 831 M | 750 M | 990 M |
| LoansHeldForSale | 2 M | 1 M | 1 M | 3 M | 1 M | |||||
| LoansReceivable | 19 M | 13 M | 6 M | 5 M | 5 M | 2,857 M | 3,193 M | 3,453 M | ||
| LongTermDebtAndCapitalLeaseObligation | 54 M | 68 M | 175 M | 220 M | 350 M | 354 M | 394 M | 374 M | 308 M | 468 M |
| MoneyMarketInvestments | 11 M | 599000.0 | ||||||||
| MortgageLoan | 5 M | 24 M | 17 M | 4 M | 19 M | |||||
| Net fixed assets (net PP&E) | 49 M | 47 M | 45 M | 46 M | 48 M | 57 M | 59 M | 57 M | 51 M | 51 M |
| Net loans | 2,069 M | 2,262 M | 2,361 M | 2,539 M | 2,731 M | 2,833 M | 3,156 M | -35 M | -42 M | -50 M |
| NonInterestBearingDeposits | 559 M | 675 M | 811 M | 866 M | 890 M | 925 M | 1,433 M | 1,678 M | 1,605 M | 1,248 M |
| Notes payable | 74 M | 89 M | 89 M | |||||||
| NotesReceivable | 3,453 M | 3,917 M | 4,304 M | |||||||
| Number of employees | 601.0 | 601.0 | 601.0 | 601.0 | 601.0 | 601.0 | 601.0 | 601.0 | 601.0 | 601.0 |
| Other equity adjustments | 16000.0 | 1 M | -6 M | -5 M | -8 M | |||||
| Other receivable | 3 M | 1000000.0 | 2 M | |||||||
| OtherAssets | 33 M | 29 M | 30 M | 29 M | 31 M | 33 M | 67 M | 70 M | 99 M | 144 M |
| OtherCurrentBorrowings | 54 M | 55 M | 45 M | 46 M | 46 M | 47 M | 48 M | 48 M | 49 M | 50 M |
| OtherDeposits | 2,277 M | 2,275 M | 2,375 M | 2,522 M | 2,464 M | 2,690 M | 3,412 M | 4,083 M | 3,713 M | 3,901 M |
| Retained earnings | 10 M | 28 M | 41 M | 61 M | 75 M | 112 M | 140 M | 171 M | 151 M | 227 M |
| SecuritiesAndInvestments | 433 M | 347 M | 328 M | 336 M | 337 M | 335 M | 387 M | 593 M | 603 M | 617 M |
| Short term debt | 54 M | 55 M | 45 M | 46 M | 46 M | 47 M | 48 M | 122 M | 138 M | 139 M |
| TimeDepositsPlaced | 555 M | 434 M | 423 M | 361 M | 323 M | 456 M | 390 M | 299 M | 262 M | 622 M |
| Total assets | 2,893 M | 2,904 M | 3,083 M | 3,287 M | 3,364 M | 3,633 M | 4,437 M | 5,258 M | 4,873 M | 5,353 M |
| Total equity | 328 M | 334 M | 341 M | 366 M | 375 M | 417 M | 442 M | 457 M | 441 M | 522 M |
| Total liabilities | 2,565 M | 2,570 M | 2,742 M | 2,921 M | 2,989 M | 3,216 M | 3,996 M | 4,801 M | 4,431 M | 4,831 M |
| TotalEquityGrossMinority | 328 M | 334 M | 341 M | 366 M | 375 M | 417 M | 442 M | 457 M | 441 M | 522 M |
| TotalEquityGrossMinorityInterest | 328 M | 334 M | 341 M | 366 M | 375 M | 417 M | 442 M | 457 M | 441 M | 522 M |
| TotalLiabilitiesAndTotalEquityGrossMinorityInterest | 2,893 M | 2,904 M | 3,083 M | 3,287 M | 3,364 M | 3,633 M | 4,437 M | 5,258 M | 4,873 M | 5,353 M |
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