MERCANTILE BANK CORPORATION
Cash Flow Statement
| Line Item | FY2009 |
|---|---|
| Operating Activities | |
| Net Income | $-52.1M |
| Depreciation & Amortization | $2.6M |
| Depreciation | — |
| Amortization | — |
| Stock-Based Compensation | $611.0K |
| Net Cash from Operating Activities | $-8.8M |
| Investing Activities | |
| Capital Expenditures | — |
| Business Acquisitions | — |
| Net Cash from Investing Activities | $242.6M |
| Financing Activities | |
| Dividends Paid | $594.0K |
| Stock Repurchases | — |
| Net Cash from Financing Activities | $-237.9M |
| Net Change in Cash | $-4.1M |
| Free Cash Flow | — |