← MERCANTILE BANK CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Property, Plant and Equipment, Net | $45.5m | $46.0m | $48.3m | $57.3m | $59.0m | $57.3m | $51.5m | $50.9m | $53.4m | $62.5m | |
| Goodwill | $49.5m | $49.5m | $49.5m | $49.5m | $49.5m | $49.5m | $49.5m | $49.5m | $49.5m | $72.7m | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | — | — | — | — | $4.4m | $3.9m | |
| Additional Financial Items | |||||||||||
| AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax | ($5.5m) | ($4.9m) | ($8.2m) | $3.7m | $5.5m | ($3.7m) | — | — | — | — | |
| Assets | $3.1b | $3.3b | $3.4b | $3.6b | $4.4b | $5.3b | $4.9b | $5.4b | $6.1b | $6.8b | |
| LIABILITIES AND EQUITY | |||||||||||
| Liabilities | $2.7b | $2.9b | $3.0b | $3.2b | $4.0b | $4.8b | $4.4b | $4.8b | $5.5b | $6.1b | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $305.5m | $309.8m | $308.0m | $305.0m | $302.0m | $285.8m | $290.4m | $295.1m | $299.7m | $349.4m | |
| Retained Earnings (Accumulated Deficit) | $40.9m | $61.0m | $75.5m | $107.8m | $134.0m | $174.5m | $216.3m | $277.5m | $334.6m | $399.4m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($5.6m) | ($4.9m) | ($8.2m) | $3.7m | $5.5m | ($3.7m) | ($65.3m) | ($50.5m) | ($49.8m) | ($24.0m) | |
| Stockholders' Equity Attributable to Parent | $340.8m | $365.9m | $375.2m | $416.6m | $441.6m | $456.6m | $441.4m | $522.1m | $584.5m | $724.9m | |
| Liabilities and Equity | $3.1b | $3.3b | $3.4b | $3.6b | $4.4b | $5.3b | $4.9b | $5.4b | $6.1b | $6.8b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.