MERCANTILE BANK CORPORATION
Equity & Debt
| Fiscal Year | Long Term Debt | Share Holder Equity | Cash on Hand |
|---|---|---|---|
| FY2009 | — | $140.1M | $21.7M |
| FY2010 | — | $125.9M | $64.2M |
| FY2011 | — | $165.0M | $76.4M |
| FY2012 | — | $146.6M | $136.0M |
| FY2013 | — | $153.3M | $17.1M |
| FY2014 | — | $328.1M | $43.8M |
| FY2015 | — | $333.8M | $42.8M |
| FY2016 | — | $340.8M | $50.2M |
| FY2017 | — | $365.9M | $55.1M |
| FY2018 | — | $375.2M | $64.9M |
| FY2019 | — | $416.6M | $53.3M |
| FY2020 | — | $441.6M | $62.8M |
| FY2021 | — | $456.6M | $59.4M |
| FY2022 | — | $441.4M | $61.9M |
| FY2023 | — | $522.1M | $70.4M |
| FY2024 | — | $584.5M | $57.0M |
| FY2025 | — | $724.9M | $54.8M |