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Interest income$86,696K Net interest income$57,258K Provision for creditlosses-$1,800K (-148.65%↓ Y/Y)Canceled cashflow$29,438K Net interest incomeafter provision for...$59,058K Noninterest income$11,499K Interest expense$29,438K Income before federalincome tax expense$31,181K Canceled cashflow$39,376K Proceeds from sales ofmortgage loans held for...$101,827K (-46.51%↓ Y/Y)Net income$25,927K (-38.50%↓ Y/Y)Other assets-$1,830K (-106.48%↓ Y/Y)Accrued interestreceivable-$1,479K (-632.01%↓ Y/Y)Depreciation andamortization$1,178K (-61.55%↓ Y/Y)Stock-based compensationexpense$1,022K (-40.68%↓ Y/Y)Stock grants todirectors for retainer...$456K (5.07%↑ Y/Y)Net loss from salesand disposals of...-$9K Canceled cashflow$5,254K Noninterest expense$39,376K Net cash from (for)operating activities$15,269K (241.63%↑ Y/Y)Canceled cashflow$118,459K Federal income taxexpense$5,254K Net change in cashand cash...-$238,373K (-145.90%↓ Y/Y)Canceled cashflow$15,269K Proceeds from federalhome loan bank...$10,000K (-50.00%↓ Y/Y)Dividend reinvestmentplan$157K (-61.23%↓ Y/Y)Employee stock purchaseplan$59K (118.52%↑ Y/Y)Proceeds frommaturities, calls and...$37,422K (32.80%↑ Y/Y)Origination of mortgageloans held for sale$108,180K (-44.92%↓ Y/Y)Accrued interestpayable and other...-$4,290K (79.26%↑ Y/Y)Net gain from salesof mortgage loans...$3,171K (-44.36%↓ Y/Y)Provision for creditlosses-$1,800K (-148.65%↓ Y/Y)Earnings on bank ownedlife insurance$776K (-29.71%↓ Y/Y)Accretion of acquiredloans$142K Net loss (gain) oninstruments designated at...$100K (147.62%↑ Y/Y)Net cash from (for)financing activities-$144,170K (-258.20%↓ Y/Y)Net cash forinvesting activities-$109,472K (38.25%↑ Y/Y)Canceled cashflow$10,216K Canceled cashflow$37,422K Net increase(decrease) in time deposits-$77,671K (-251.83%↓ Y/Y)Net increase(decrease) in all other...-$45,532K (-16.59%↓ Y/Y)Payoffs and paydowns offederal home loan bank...$20,000K (-60.68%↓ Y/Y)Payment of cashdividends to common...$6,640K (-43.78%↓ Y/Y)Loan originationsand payments, net$98,213K (1.23%↑ Y/Y)Purchases of securitiesavailable for sale$38,353K (-63.32%↓ Y/Y)Payments on term note$2,500K Net increase(decrease) in securities...-$2,043K (-101.68%↓ Y/Y)Purchases of bank ownedlife insurance$10,000K Net purchases ofpremises and equipment...$328K (-91.59%↓ Y/Y)
Cash Flow

MERCANTILE BANK CORP (MBWM)

MERCANTILE BANK CORP (MBWM)

source: myfinsight.com