MERCANTILE BANK CORP Quarterly Income Tax Expense (Benefit) in USD from Q1 2016 to Q3 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Mercantile Bank Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from Q1 2016 to Q3 2024.
  • Mercantile Bank Corp Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $4.94M, a 3.78% decline year-over-year.
  • Mercantile Bank Corp Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $20.3M, a 0.51% decline year-over-year.
  • Mercantile Bank Corp annual Income Tax Expense (Benefit) for 2023 was $20.5M, a 39.1% increase from 2022.
  • Mercantile Bank Corp annual Income Tax Expense (Benefit) for 2022 was $14.7M, a 0.22% increase from 2021.
  • Mercantile Bank Corp annual Income Tax Expense (Benefit) for 2021 was $14.7M, a 37.2% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2024 $20.3M $4.94M -$194K -3.78% Jul 1, 2024 Sep 30, 2024 10-Q 2024-11-01
Q2 2024 $20.5M $4.73M -$280K -5.59% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-02
Q1 2024 $20.7M $5.42M +$261K +5.06% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-03
Q4 2023 $20.5M $5.18M +$110K +2.17% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-01
Q3 2023 $20.4M $5.13M +$1.19M +30.2% Jul 1, 2023 Sep 30, 2023 10-Q 2024-11-01
Q2 2023 $19.2M $5.01M +$2.12M +73.5% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-02
Q1 2023 $17.1M $5.16M +$2.33M +82.5% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-03
Q4 2022 $14.7M $5.07M +$1.49M +41.6% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-01
Q3 2022 $13.2M $3.94M +$412K +11.7% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-03
Q2 2022 $12.8M $2.89M -$1.36M -32% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-04
Q1 2022 $14.2M $2.83M -$512K -15.3% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-05
Q4 2021 $14.7M $3.58M -$78K -2.13% Oct 1, 2021 Dec 31, 2021 10-K 2024-03-01
Q3 2021 $14.8M $3.53M +$1.02M +40.8% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-04
Q2 2021 $13.7M $4.24M +$2.2M +108% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-05
Q1 2021 $11.5M $3.34M +$836K +33.4% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-06
Q4 2020 $10.7M $3.66M +$1.13M +44.6% Oct 1, 2020 Dec 31, 2020 10-K 2023-03-03
Q3 2020 $9.58M $2.51M -$447K -15.1% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-05
Q2 2020 $10M $2.04M -$707K -25.7% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-06
Q1 2020 $10.7M $2.5M -$269K -9.7% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-07
Q4 2019 $11M $2.53M -$127K -4.78% Oct 1, 2019 Dec 31, 2019 10-K 2022-03-04
Q3 2019 $11.1M $2.95M +$579K +24.4% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-06
Q2 2019 $10.6M $2.75M +$533K +24.1% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-07
Q1 2019 $10M $2.77M +$221K +8.66% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-11
Q4 2018 $9.8M $2.66M -$1.82M -40.7% Oct 1, 2018 Dec 31, 2018 10-K 2021-03-05
Q3 2018 $11.6M $2.38M -$1.33M -35.8% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-06
Q2 2018 $12.9M $2.22M -$1.05M -32.1% Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-05
Q1 2018 $14M $2.55M -$817K -24.3% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-06
Q4 2017 $14.8M $4.48M +$518K +13.1% Oct 1, 2017 Dec 31, 2017 10-K 2020-03-02
Q3 2017 $14.3M $3.7M +$76K +2.1% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-05
Q2 2017 $14.2M $3.26M -$177K -5.15% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-06
Q1 2017 $14.4M $3.37M -$582K -14.7% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-07
Q4 2016 $15M $3.96M Oct 1, 2016 Dec 31, 2016 10-K 2019-03-04
Q3 2016 $3.63M Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-06
Q2 2016 $3.44M Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-07
Q1 2016 $3.95M Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-05
* An asterisk sign (*) next to the value indicates that the value is likely invalid.