MERCANTILE BANK CORP Annual Depreciation in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
Mercantile Bank Corp quarterly/annual Depreciation history and growth rate from 2010 to 2023.
  • Mercantile Bank Corp Depreciation for the quarter ending September 30, 2024 was $1.5M, unchanged year-over-year.
  • Mercantile Bank Corp Depreciation for the twelve months ending September 30, 2024 was $6.2M, a 6.9% increase year-over-year.
  • Mercantile Bank Corp annual Depreciation for 2023 was $6M, unchanged from 2022.
  • Mercantile Bank Corp annual Depreciation for 2022 was $6M, a 3.45% increase from 2021.
  • Mercantile Bank Corp annual Depreciation for 2021 was $5.8M, a 11.5% increase from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $6M $0 0% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-01
2022 $6M +$200K +3.45% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-01
2021 $5.8M +$600K +11.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-01
2020 $5.2M +$1.3M +33.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-03
2019 $3.9M +$300K +8.33% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-04
2018 $3.6M +$600K +20% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-05
2017 $3M +$100K +3.45% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 $2.9M -$100K -3.33% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-04
2015 $3M +$700K +30.4% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-05
2014 $2.3M +$1M +76.9% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-06
2013 $1.3M -$200K -13.3% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-07
2012 $1.5M -$100K -6.25% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-10
2011 $1.6M -$300K -15.8% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-28
2010 $1.9M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.