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Note 21 - Mercantile Bank Corporation (Parent Company Only) Condensed Financial Statements - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net income $ 79,593 $ 82,217 $ 61,063
Adjustments to reconcile net income to net cash from operating activities:      
Stock-based compensation expense 3,316 3,384 3,377
Stock grants to directors for retainer fees 423 350 359
Other assets (25,797) (30,189) (437)
Accrued interest and other liabilities 27,893 14,252 32,524
Cash flows from investing activities      
Net cash for investing activities (425,436) (395,932) (554,999)
Cash flows from financing activities      
Proceeds from stock option exercises, net of cashless exercises 0 0 36
Employee stock purchase plan 50 45 45
Dividend reinvestment plan 810 891 867
Net proceeds from subordinated notes issuance 0 0 14,645
Payment of cash dividends to common shareholders (22,473) (21,004) (19,602)
Net cash for financing activities 586,795 363,080 (443,251)
Net change in cash and cash equivalents 262,477 33,761 (878,388)
Cash and cash equivalents at beginning of period 130,533 96,772 975,160
Cash and cash equivalents at end of period 393,010 130,533 96,772
Parent Company [Member]      
Cash flows from operating activities      
Net income 79,593 82,217 61,063
Adjustments to reconcile net income to net cash from operating activities:      
Equity in undistributed net income of subsidiary (60,142) (66,464) (44,221)
Stock-based compensation expense 3,316 3,384 3,377
Stock grants to directors for retainer fees 423 350 359
Other assets (4,116) (128) 858
Accrued interest and other liabilities 990 1,045 1,636
Net cash from operating activities 20,064 20,404 23,072
Cash flows from investing activities      
Net capital investment into subsidiaries 0 0 (15,000)
Net cash for investing activities 0 0 (15,000)
Cash flows from financing activities      
Proceeds from stock option exercises, net of cashless exercises 0 0 36
Employee stock purchase plan 50 45 45
Dividend reinvestment plan 810 891 867
Net proceeds from subordinated notes issuance 0 0 14,645
Payment of cash dividends to common shareholders (22,473) (21,004) (19,602)
Net cash for financing activities (21,613) (20,068) (4,009)
Net change in cash and cash equivalents (1,549) 336 4,063
Cash and cash equivalents at beginning of period 18,969 18,633 14,570
Cash and cash equivalents at end of period $ 17,420 $ 18,969 $ 18,633