RankingsPricing
  1. US-listed companies
  2. MERCANTILE BANK CORP

MERCANTILE BANK CORPMBWM

Market cap
P/E ratio
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Income statementBalance sheetCash flow
Dec 31,
2011		Dec 31,
2012		Dec 31,
2013		Dec 31,
2014		Dec 31,
2015		Dec 31,
2016		Dec 31,
2017		Dec 31,
2018		Dec 31,
2019		Dec 31,
2020		Dec 31,
2021		Dec 31,
2022		Dec 31,
2023
Cash and due from banks122017444350,200,00055,127,00064,872,00053,262,00062,832,00059,405,00061,894,00070
Other interest-earning assets1011611846133,396,000144,974,00010,482,000180,469,000563,174,000915,755,00034,878,00060
Total cash and cash equivalents7613614717390183,596,000200,101,00075,354,000233,731,000626,006,000975,160,00096,772,000131
Securities available for sale-------337,366,000334,655,000387,347,000592,743,000602,936,000617
Federal Home Loan Bank stock1212121488,026,00011,036,00016,022,00018,002,00018,002,00018,002,00017,721,00022
Mortgage loans held for sale----------16,117,0003,565,00019
Loans-----------3,9174,304
Allowance for credit losses-----------4250
Loans, net-----------3,874,373,0004,254
Premises and equipment, net272625494745,456,00046,034,00048,321,00057,327,00058,959,00057,298,00051,476,00051
Bank owned life insurance495051585967,198,00068,689,00069,647,00070,297,00072,131,00075,242,00080,727,00086
Goodwill---494949,473,00049,473,00049,473,00049,473,00049,473,00049,473,00049,473,00049
Core deposit intangible, net---16139,957,00085,561,0003,840,000211-
Other assets15156332930,146,00028,976,00031,458,00032,812,00044,599,00054,267,00094,993,000126
Other assets15156332930,146,00028,976,00031,458,00032,812,00044,599,00054,267,00094,993,000126
Total assets1,4331,4231,4272,8932,9043,082,571,0003,286,704,0003,363,907,0003,632,915,0004,437,344,0005,257,749,0004,872,619,0005,353
Total assets1,4331,4231,4272,8932,9043,082,571,0003,286,704,0003,363,907,0003,632,915,0004,437,344,0005,257,749,0004,872,619,0005,353
Noninterest-bearing--225559675810,600,000866,380,000889,784,000924,916,0001,433,403,0001,677,952,0001,604,750,0001,248
Interest-bearing--8941,7181,6011,564,385,0001,655,985,0001,573,924,0001,765,468,0001,978,150,0002,405,241,0002,108,061,0002,653
Total deposits1,1121,1351,1192,2772,2752,374,985,0002,522,365,0002,463,708,0002,690,384,0003,411,553,0004,083,193,0003,712,811,0003,901
Securities sold under agreements to repurchase736569168155131,710,000118,748,000103,519,000102,675,000118,365,000197,463,000194,340,000230
Federal Home Loan Bank advances4535455468175,000,000220,000,000350,000,000354,000,000394,000,000374,000,000308,263,000468
Subordinated debentures--33545544,835,00045,517,00046,199,00046,881,00047,563,00048,244,00048,958,00050
Subordinated notes----------73,646,00088,628,00089
Accrued interest and other liabilities477121615,230,00014,204,00025,232,00022,414,00024,309,00024,644,00078,211,00094
Total liabilities1,2681,2761,2742,5652,5702,741,760,0002,920,834,0002,988,658,0003,216,354,0003,9964,8014,4314,831
Preferred stock, no par value; 1,000,000 shares authorized; 0 shares outstanding at December 31, 2023 and December 31, 2022-------------
Common stock, no par value; 40,000,000 shares authorized; 16,125,662 shares outstanding at December 31, 2023 and 15,994,884 shares outstanding at December 31, 2022----305305,488,000309,772,000308,005,000305,035,000302,029,000285,752,000290,436,000295
Retained earnings-32,639,000-21,134,000-4,101,000102840,904,00061,001,00075,483,000107,831,000134,039,000174,536,000216,313,000278
Accumulated other comprehensive gain/(loss)32-5,573,00016,0001-5,581,000-4,903,000-8,239,0003,695,0005,486,000-3,729,000-65,341,000-50
Total shareholders’ equity165147153328334340,811,000365,870,000375,249,000416,561,000442457441522
Total liabilities and shareholders’ equity1,4331,4231,4272,8932,9043,082,571,0003,286,704,0003,363,907,0003,632,915,0004,437,344,0005,257,749,0004,872,619,0005,353