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Mercantile Bank Corporation$22.75($.19)(.83%)

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Balance Sheet for Mercantile Bank Corporation
(Amounts are in millions) 12/2019 12/2018 12/2017
Cash $233.73 $75.35 $200.10
Marketable Securities $0.00 $0.00 $0.00
Receivables $2,832.78 $2,730.71 $2,539.05
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 $3,066.51 $2,806.06 $2,739.15
 
Property, Plant & Equipment $92.60 $81.70 $76.62
Accumulated Depreciation $35.27 $33.38 $30.59
Net Property, Plant & Equipment $57.33 $48.32 $46.03
Investment & Advances $352.66 $353.39 $346.78
Other non-current Assets $0.00 $0.00 $0.00
Deferred Charges $0.00 $0.00 $0.00
Intangibles $53.31 $55.03 $57.07
Deposits & other assets $103.11 $101.11 $97.67
TOTAL ASSETS $3,632.92 $3,363.91 $3,286.70
 
Notes Payable $102.68 $103.52 $118.75
Accounts Payable $2,690.38 $2,463.71 $2,522.37
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 $22.41 $25.23 $14.20
Income Taxes Payable $0.00 $0.00 $0.00
Other Current Liabilities $0.00 $0.00 $0.00
Total Current Liabilities $2,815.47 $2,592.46 $2,655.32
 
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 $400.88 $396.20 $265.52
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 $3,216.35 $2,988.66 $2,920.83
 
Preferred Stock $0.00 $0.00 $0.00
Common Stock, Net $305.04 $308.01 $309.77
Capital Surplus $0.00 $0.00 $0.00
Retained Earnings $107.83 $75.48 $61.00
Treasury Stock $0.00 $0.00 $0.00
Other Liabilities $3.70 ($8.24) ($4.90)
SHAREHOLDERS' EQUITY $416.56 $375.25 $365.87
TOTAL LIABILITES &SHAREHOLDERS EQUITY $3,632.92 $3,363.91 $3,286.70




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