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Mercantile Bank Corporation$32.01($.18)(.56%)

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Balance Sheet for Mercantile Bank Corporation
(Amounts are in millions) 12/2018 12/2017 12/2016
Cash $75.35 $200.10 $183.60
Marketable Securities $0.00 $0.00 $0.00
Receivables $2,730.71 $2,539.05 $2,360.66
Inventory $0.00 $0.00 $0.00
Raw Materials N/A N/A N/A
Work in Progress N/A N/A N/A
Finished Goods N/A N/A N/A
Notes Receivable $0.00 $0.00 $0.00
Other Current Assets $0.00 $0.00 $0.00
Total Current Assets $2,806.06 $2,739.15 $2,544.26
 
Property, Plant & Equipment $81.70 $76.62 $74.17
Accumulated Depreciation $33.38 $30.59 $28.72
Net Property, Plant & Equipment $48.32 $46.03 $45.46
Investment & Advances $353.39 $346.78 $336.09
Other non-current Assets $0.00 $0.00 $0.00
Deferred Charges $0.00 $0.00 $0.00
Intangibles $55.03 $57.07 $59.43
Deposits & other assets $101.11 $97.67 $97.34
TOTAL ASSETS $3,363.91 $3,286.70 $3,082.57
 
Notes Payable $103.52 $118.75 $131.71
Accounts Payable $2,463.71 $2,522.37 $2,374.99
Current Portion of Long-term Debt $0.00 $0.00 $0.00
Current Portion of Capital Leases $0.00 $0.00 $0.00
Accrued Expenses $25.23 $14.20 $15.23
Income Taxes Payable $0.00 $0.00 $0.00
Other Current Liabilities $0.00 $0.00 $0.00
Total Current Liabilities $2,592.46 $2,655.32 $2,521.93
 
Mortgages $0.00 $0.00 $0.00
Deferred Charges (taxes/income) $0.00 $0.00 $0.00
Convertible Debt $0.00 $0.00 $0.00
Long Term Debt $396.20 $265.52 $219.84
Non-Current Capital Leases $0.00 $0.00 $0.00
Other Long-Term Debt $0.00 $0.00 $0.00
Minority Interest (liabilities) $0.00 $0.00 $0.00
TOTAL LIABILITIES $2,988.66 $2,920.83 $2,741.76
 
Preferred Stock $0.00 $0.00 $0.00
Common Stock, Net $308.01 $309.77 $305.49
Capital Surplus $0.00 $0.00 $0.00
Retained Earnings $75.48 $61.00 $40.90
Treasury Stock $0.00 $0.00 $0.00
Other Liabilities ($8.24) ($4.90) ($5.58)
SHAREHOLDERS' EQUITY $375.25 $365.87 $340.81
TOTAL LIABILITES &SHAREHOLDERS EQUITY $3,363.91 $3,286.70 $3,082.57




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