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Where this comes from
Reported directly by Mercantile Bank Corporation in its filing.
Tagged under the XBRL concept us-gaap:DepreciationAmortizationAndAccretionNet.
The source filing: Mercantile Bank Corporation’s 10-Q, filed May 1, 2026.
- Filed
- Apr 30, 2026, 8:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001437749-26-014320
| (Dollars in thousands) | Three Months / Ended / March 31, 2026 | Three Months / Ended / March 31, 2025 |
|---|---|---|
| Cash flows from operating activities | ||
| Net income | $22,685 | $19,537 |
| Adjustments to reconcile net income to net cash from operating activities | ||
| Depreciation and amortization | 1,697 | 1,647 |
| Accretion of acquired loans | (168) | 0 |
| Provision for credit losses | (1,800) | 2,100 |
| Stock-based compensation expense | 971 | 786 |
| Stock grants to directors for retainer fees | 16 | 26 |
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FAQ
- What is Mercantile Bank Corporation's D&A?
- Mercantile Bank Corporation (MBWM) reported D&A of $1.7M in Q1 2026.
- How has Mercantile Bank Corporation's D&A changed year-over-year?
- Mercantile Bank Corporation's D&A increased by 3.0% year-over-year, from $1.65M to $1.7M.
- What is the long-term trend for Mercantile Bank Corporation's D&A?
- Over 4 years (2021 to 2025), Mercantile Bank Corporation's D&A has grown at a -19.3% compound annual growth rate (CAGR), from $13.68M to $5.8M.
- What does D&A mean?
- Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.
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