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Mercantile Bank (MBWM) Interest Expense - Others: 2009-2014

Historic Interest Expense - Others for Mercantile Bank (MBWM) over the last 6 years, with Dec 2014 value amounting to $2.2 million.

  • 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.
  • Per Mercantile Bank's latest filing, its Interest Expense - Others stood at $2.2 million for FY2014, which was up 74.78% from $1.3 million recorded in FY2013.
  • In the past 5 years, Mercantile Bank's Interest Expense - Others ranged from a high of $2.2 million in FY2014 and a low of $929,000 during FY2012.
  • For the 3-year period, Mercantile Bank's Interest Expense - Others averaged around $1.5 million, with its median value being $1.3 million (2013).
  • Per our database at Business Quant, Mercantile Bank's Interest Expense - Others declined by 24.96% in 2011 and then soared by 74.78% in 2014.
  • Mercantile Bank's Interest Expense - Others (Yearly) stood at $1.3 million in 2010, then declined by 24.96% to $1.0 million in 2011, then fell by 8.02% to $929,000 in 2012, then skyrocketed by 35.74% to $1.3 million in 2013, then skyrocketed by 74.78% to $2.2 million in 2014.