MERCANTILE BANK CORPORATION: 10-Q filed 2012-08-08

Name: MERCANTILE BANK CORPORATION: 10-Q filed 2012-08-08
Creator: MERCANTILE BANK CORPORATION

What MERCANTILE BANK CORPORATION reported in its quarterly report filed 2012-08-08 (fiscal Q2 2012): 25 published measures, 72 facts as tagged in accession 0001193125-12-344126.

This filing

Form: 10-Q (quarterly report)
Filed: 2012-08-08
Fiscal period: fiscal Q2 2012
Accession: 0001193125-12-344126 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All MERCANTILE BANK CORPORATION filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2012-06-30	1,385,245,000	USD
At 2011-12-31	1,433,229,000	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2012-06-30	1,235,583,000	USD
At 2011-12-31	1,268,230,000	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2012-06-30	149,662,000	USD
At 2011-12-31	164,999,000	USD
At 2011-06-30	130,917,000	USD
At 2010-12-31	125,936,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2012-06-30	82,466,000	USD
At 2011-12-31	76,372,000	USD
At 2011-06-30	126,999,000	USD
At 2010-12-31	64,198,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	3,991,000	USD	91
2012-01-01 to 2012-06-30	6,871,000	USD	182
2011-04-01 to 2011-06-30	2,718,000	USD	91
2011-01-01 to 2011-06-30	4,138,000	USD	181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2012-01-01 to 2012-06-30	7,968,000	USD	182
2011-01-01 to 2011-06-30	15,021,000	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2012-01-01 to 2012-06-30	-57,518,000	USD	182
2011-01-01 to 2011-06-30	-101,675,000	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2012-01-01 to 2012-06-30	55,644,000	USD	182
2011-01-01 to 2011-06-30	149,455,000	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2012-06-30	-26,799,000	USD
At 2011-12-31	-32,639,000	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	8,610,181	shares	91
2012-01-01 to 2012-06-30	8,607,832	shares	182
2011-04-01 to 2011-06-30	8,604,476	shares	91
2011-01-01 to 2011-06-30	8,601,835	shares	181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	9,043,791	shares	91
2012-01-01 to 2012-06-30	9,023,744	shares	182
2011-04-01 to 2011-06-30	8,872,692	shares	91
2011-01-01 to 2011-06-30	8,878,595	shares	181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	0.38	USD/shares	91
2012-01-01 to 2012-06-30	0.68	USD/shares	182
2011-04-01 to 2011-06-30	0.28	USD/shares	91
2011-01-01 to 2011-06-30	0.4	USD/shares	181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	0.36	USD/shares	91
2012-01-01 to 2012-06-30	0.65	USD/shares	182
2011-04-01 to 2011-06-30	0.27	USD/shares	91
2011-01-01 to 2011-06-30	0.39	USD/shares	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2012-06-30	26,164,000	USD
At 2011-12-31	26,802,000	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2012-01-01 to 2012-06-30	9,000	USD	182
2011-01-01 to 2011-06-30	44,000	USD	181

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	3,419,000	USD	91
2012-01-01 to 2012-06-30	7,103,000	USD	182
2011-04-01 to 2011-06-30	5,302,000	USD	91
2011-01-01 to 2011-06-30	11,012,000	USD	181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2012-06-30	8,610,850	shares
At 2011-12-31	8,605,391	shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2012-06-30	2,435,000	USD
At 2011-12-31	3,328,000	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2012-06-30	46,156,000	USD
At 2011-12-31	46,036,000	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2012-06-30	19,992,000	USD
At 2011-12-31	19,234,000	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2012-06-30	25,285,000	USD
At 2011-12-31	26,013,000	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	3,661,000	USD	91
2012-01-01 to 2012-06-30	5,978,000	USD	182
2011-04-01 to 2011-06-30	4,307,000	USD	91
2011-01-01 to 2011-06-30	5,401,000	USD	181

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	3,288,000	USD	91
2012-01-01 to 2012-06-30	5,840,000	USD	182
2011-04-01 to 2011-06-30	2,381,000	USD	91
2011-01-01 to 2011-06-30	3,469,000	USD	181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2012-04-01 to 2012-06-30	400,000	USD	91
2012-01-01 to 2012-06-30	800,000	USD	182
2011-04-01 to 2011-06-30	400,000	USD	91
2011-01-01 to 2011-06-30	800,000	USD	181

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2012-01-01 to 2012-06-30	0	USD	182
2011-01-01 to 2011-06-30	0	USD	181

Inspect the source

Entity: MERCANTILE BANK CORPORATION / CIK 0001042729
Captured: 2026-09-20T05:16:11.486Z
SEC response SHA-256: 7e65f1ff6ddaeffa04fed2a85f04a2dbd50aba706873c3d36c882073d8f22167

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print(record["policy"])
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