MERCANTILE BANK CORP Quarterly Depreciation in USD from Q2 2011 to Q2 2024

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 Q2 2011 to Q2 2024.
  • Mercantile Bank Corp Depreciation for the quarter ending June 30, 2024 was $1.5M, a 7.14% increase year-over-year.
  • Mercantile Bank Corp Depreciation for the twelve months ending June 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, Quarterly (USD)
Depreciation, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $6.2M $1.5M +$100K +7.14% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-02
Q1 2024 $6.1M $1.6M +$100K +6.67% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-03
Q4 2023 $6M $1.6M +$200K +14.3% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-01
Q3 2023 $5.8M $1.5M $0 0% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-03
Q2 2023 $5.8M $1.4M -$100K -6.67% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-02
Q1 2023 $5.9M $1.5M -$100K -6.25% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-03
Q4 2022 $6M $1.4M -$100K -6.67% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-01
Q3 2022 $6.1M $1.5M $0 0% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-03
Q2 2022 $6.1M $1.5M +$100K +7.14% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-04
Q1 2022 $6M $1.6M +$200K +14.3% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-05
Q4 2021 $5.8M $1.5M +$200K +15.4% Oct 1, 2021 Dec 31, 2021 10-K 2024-03-01
Q3 2021 $5.6M $1.5M +$200K +15.4% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-04
Q2 2021 $5.4M $1.4M +$100K +7.69% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-05
Q1 2021 $5.3M $1.4M +$100K +7.69% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-06
Q4 2020 $5.2M $1.3M +$100K +8.33% Oct 1, 2020 Dec 31, 2020 10-K 2023-03-03
Q3 2020 $5.1M $1.3M +$400K +44.4% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-05
Q2 2020 $4.7M $1.3M +$400K +44.4% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-06
Q1 2020 $4.3M $1.3M +$400K +44.4% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-07
Q4 2019 $3.9M $1.2M +$200K +20% Oct 1, 2019 Dec 31, 2019 10-K 2022-03-04
Q3 2019 $3.7M $900K $0 0% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-06
Q2 2019 $3.7M $900K $0 0% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-07
Q1 2019 $3.7M $900K +$100K +12.5% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-11
Q4 2018 $3.6M $1M +$300K +42.9% Oct 1, 2018 Dec 31, 2018 10-K 2021-03-05
Q3 2018 $3.3M $900K +$100K +12.5% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-06
Q2 2018 $3.2M $900K +$100K +12.5% Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-05
Q1 2018 $3.1M $800K +$100K +14.3% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-06
Q4 2017 $3M $700K -$100K -12.5% Oct 1, 2017 Dec 31, 2017 10-K 2020-03-02
Q3 2017 $3.1M $800K +$100K +14.3% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-05
Q2 2017 $3M $800K +$100K +14.3% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-06
Q1 2017 $2.9M $700K $0 0% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-07
Q4 2016 $2.9M $800K +$100K +14.3% Oct 1, 2016 Dec 31, 2016 10-K 2019-03-04
Q3 2016 $2.8M $700K $0 0% Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-06
Q2 2016 $2.8M $700K -$100K -12.5% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-07
Q1 2016 $2.9M $700K -$100K -12.5% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-05
Q4 2015 $3M $700K -$100K -12.5% Oct 1, 2015 Dec 31, 2015 10-K 2018-03-05
Q3 2015 $3.1M $700K $0 0% Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-04
Q2 2015 $3.1M $800K +$300K +60% Apr 1, 2015 Jun 30, 2015 10-Q 2016-08-05
Q1 2015 $2.8M $800K +$500K +167% Jan 1, 2015 Mar 31, 2015 10-Q 2016-05-06
Q4 2014 $2.3M $800K +$400K +100% Oct 1, 2014 Dec 31, 2014 10-K 2017-03-06
Q3 2014 $1.9M $700K +$400K +133% Jul 1, 2014 Sep 30, 2014 10-Q 2015-11-06
Q2 2014 $1.5M $500K +$200K +66.7% Apr 1, 2014 Jun 30, 2014 10-Q 2015-08-07
Q1 2014 $1.3M $300K $0 0% Jan 1, 2014 Mar 31, 2014 10-Q 2015-05-07
Q4 2013 $1.3M $400K $0 0% Oct 1, 2013 Dec 31, 2013 10-K 2016-03-07
Q3 2013 $1.3M $300K $0 0% Jul 1, 2013 Sep 30, 2013 10-Q 2014-11-07
Q2 2013 $1.3M $300K -$100K -25% Apr 1, 2013 Jun 30, 2013 10-Q 2014-08-08
Q1 2013 $1.4M $300K -$100K -25% Jan 1, 2013 Mar 31, 2013 10-Q 2014-04-30
Q4 2012 $1.5M $400K Oct 1, 2012 Dec 31, 2012 10-K 2015-03-10
Q3 2012 $300K -$100K -25% Jul 1, 2012 Sep 30, 2012 10-Q 2013-11-12
Q2 2012 $400K $0 0% Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-05
Q1 2012 $400K Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-09
Q3 2011 $400K Jul 1, 2011 Sep 30, 2011 10-Q 2012-11-08
Q2 2011 $400K Apr 1, 2011 Jun 30, 2011 10-Q 2012-08-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.