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MERCANTILE BANK CORPORATION (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS (Tables) | 12 Months Ended
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Dec. 31, 2013
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
Summary of Condensed Balance Sheets | Following are condensed parent company only financial statements: CONDENSED BALANCE SHEETS
|  | 2013 |  |  | 2012 |
ASSETS |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 2,506,000 |  |  | $ | 473,000 |
Investment in bank subsidiary |  |  | 179,706,000 |  |  |  | 173,019,000 |
Other assets |  |  | 4,740,000 |  |  |  | 7,433,000 |
Total assets |  | $ | 186,952,000 |  |  | $ | 180,925,000 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Liabilities |  | $ | 637,000 |  |  | $ | 1,345,000 |
Subordinated debentures |  |  | 32,990,000 |  |  |  | 32,990,000 |
Shareholders’ equity |  |  | 153,325,000 |  |  |  | 146,590,000 |
Total liabilities and shareholders’ equity |  | $ | 186,952,000 |  |  | $ | 180,925,000 |
Summary of Condensed Statements of Income | CONDENSED STATEMENTS OF INCOME
|  | 2013 |  |  | 2012 |  |  | 2011 |
Income |  |  |  |  |  |  |  |  |  |  |  |
Interest and dividends from subsidiaries |  | $ | 5,516,000 |  |  | $ | 32,532,000 |  |  | $ | 4,974,000 |
Total income |  |  | 5,516,000 |  |  |  | 32,532,000 |  |  |  | 4,974,000 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 1,213,000 |  |  |  | 884,000 |  |  |  | 847,000 |
Other operating expenses |  |  | 2,773,000 |  |  |  | 1,048,000 |  |  |  | 1,059,000 |
Total expenses |  |  | 3,986,000 |  |  |  | 1,932,000 |  |  |  | 1,906,000 |
Income before income tax expense (benefit) and equity in undistributed net income (loss) of subsidiary |  |  | 1,530,000 |  |  |  | 30,600,000 |  |  |  | 3,068,000 |
Federal income tax benefit |  |  | (1,042,000 | ) |  |  | (665,000 | ) |  |  | (2,272,000 | )
Equity in undistributed net income (loss) of subsidiary |  |  | 14,461,000 |  |  |  | (18,730,000 | ) |  |  | 32,145,000 |
Net income |  |  | 17,033,000 |  |  |  | 12,535,000 |  |  |  | 37,485,000 |
Preferred stock dividends and accretion |  |  | 0 |  |  |  | 1,030,000 |  |  |  | 1,343,000 |
Net income attributable to common shares |  | $ | 17,033,000 |  |  | $ | 11,505,000 |  |  | $ | 36,142,000 |
Summary of Condensed Statements of Cash Flows | CONDENSED STATEMENTS OF CASH FLOWS
|  | 2013 |  |  | 2012 |  |  | 2011 |
Cash flows from operating activities |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 17,033,000 |  |  | $ | 12,535,000 |  |  | $ | 37,485,000 |
Adjustments to reconcile net income to net cash from (for) operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed (income) loss of subsidiary |  |  | (14,461,000 | ) |  |  | 18,730,000 |  |  |  | (32,145,000 | )
Stock-based compensation expense |  |  | 473,000 |  |  |  | 54,000 |  |  |  | 61,000 |
Change in other assets |  |  | 3,244,000 |  |  |  | (3,006,000 | ) |  |  | (3,619,000 | )
Change in other liabilities |  |  | (708,000 | ) |  |  | 1,073,000 |  |  |  | (956,000 | )
Net cash from operating activities |  |  | 5,581,000 |  |  |  | 29,386,000 |  |  |  | 826,000 |
Cash flows from investing activities |  |  |  |  |  |  |  |  |  |  |  |
Net capital investment into subsidiaries |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Net cash for investing activities |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Cash flows from financing activities |  |  |  |  |  |  |  |  |  |  |  |
Repurchase of preferred stock |  |  | 0 |  |  |  | (21,000,000 | ) |  |  | 0 |
Repurchase of common stock warrant |  |  | 0 |  |  |  | (7,465,000 | ) |  |  | 0 |
Stock option exercises, net of cashless exercises |  |  | 289,000 |  |  |  | 227,000 |  |  |  | 55,000 |
Employee stock purchase plan |  |  | 19,000 |  |  |  | 39,000 |  |  |  | 42,000 |
Dividend reinvestment plan |  |  | 33,000 |  |  |  | 14,000 |  |  |  | 6,000 |
Cash dividends on preferred stock |  |  | 0 |  |  |  | (496,000 | ) |  |  | (1,620,000 | )
Cash dividends on common stock |  |  | (3,889,000 | ) |  |  | (774,000 | ) |  |  | 0 |
Net cash for financing activities |  |  | (3,548,000 | ) |  |  | (29,455,000 | ) |  |  | (1,517,000 | )
Net change in cash and cash equivalents |  |  | 2,033,000 |  |  |  | (69,000 | ) |  |  | (691,000 | )
Cash and cash equivalents at beginning of period |  |  | 473,000 |  |  |  | 542,000 |  |  |  | 1,233,000 |
Cash and cash equivalents at end of period |  | $ | 2,506,000 |  |  | $ | 473,000 |  |  | $ | 542,000 |

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