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Mercantile Bank (MBWM) Interest Expense - Others: 2011-2014

Historic Interest Expense - Others for Mercantile Bank (MBWM) over the last 4 years, with Sep 2014 value amounting to $740,000.

  • Mercantile Bank's Interest Expense - Others rose 129.10% to $740,000 in Q3 2014 from the same period last year, while for Sep 2014 it was $1.9 million, marking a year-over-year increase of 59.42%. This contributed to the annual value of $2.2 million for FY2014, which is 74.78% up from last year.
  • As of Q3 2014, Mercantile Bank's Interest Expense - Others stood at $740,000, which was up 56.12% from $474,000 recorded in Q2 2014.
  • Mercantile Bank's Interest Expense - Others' 5-year high stood at $740,000 during Q3 2014, with a 5-year trough of $224,000 in Q4 2012.
  • Over the past 3 years, Mercantile Bank's median Interest Expense - Others value was $317,000 (recorded in 2014), while the average stood at $338,364.
  • In the last 5 years, Mercantile Bank's Interest Expense - Others decreased by 22.98% in 2012 and then skyrocketed by 129.10% in 2014.
  • Over the past 4 years, Mercantile Bank's Interest Expense - Others (Quarterly) stood at $228,000 in 2011, then declined by 1.75% to $224,000 in 2012, then skyrocketed by 44.20% to $323,000 in 2013, then spiked by 129.10% to $740,000 in 2014.
  • Its Interest Expense - Others stands at $740,000 for Q3 2014, versus $474,000 for Q2 2014 and $317,000 for Q1 2014.