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Note 23 - Mercantile Bank Corporation (Parent Company Only) Condensed Financial Statements - Condensed Statement of Cash Flows (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities                      
Net income $ 13,317,000 $ 12,600,000 $ 11,715,000 $ 11,824,000 $ 11,574,000 $ 10,123,000 $ 9,446,000 $ 10,881,000 $ 49,456,000 $ 42,024,000 $ 31,274,000
Adjustments to reconcile net income to net cash from operating activities:                      
Stock-based compensation expense                 2,931,000 2,410,000 1,981,000
Stock grants to directors for retainer fees                 375,000 441,000 363,000
Other assets                 (7,636,000) (2,193,000) (354,000)
Change in other liabilities                 (2,818,000) 11,029,000 (943,000)
Cash flows from investing activities                      
Net cash for investing activities                 (92,838,000) (210,480,000) (191,472,000)
Cash flows from financing activities                      
Proceeds from stock option exercises, net of cashless exercises                 128,000 108,000 318,000
Employee stock purchase plan                 50,000 52,000 46,000
Dividend reinvestment plan                 729,000 1,165,000 1,576,000
Repurchases of common stock                 (7,183,000) (5,943,000) 0
Payment of cash dividends to common shareholders                 (17,108,000) (27,500,000) (12,046,000)
Net cash for financing activities                 206,448,000 23,996,000 169,312,000
Net change in cash and cash equivalents                 158,377,000 (124,747,000) 16,505,000
Parent Company [Member]                      
Cash flows from operating activities                      
Net income                 49,456,000 42,024,000 31,274,000
Adjustments to reconcile net income to net cash from operating activities:                      
Equity in undistributed net income of subsidiary                 (33,449,000) (14,005,000) (17,158,000)
Stock-based compensation expense                 2,931,000 2,410,000 1,981,000
Stock grants to directors for retainer fees                 375,000 441,000 363,000
Other assets                 2,387,000 1,384,000 (230,000)
Change in other liabilities                 (1,924,000) (187,000) (677,000)
Net cash from operating activities                 19,776,000 32,067,000 15,553,000
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                      
Proceeds from stock option exercises, net of cashless exercises                 128,000 108,000 318,000
Employee stock purchase plan                 50,000 52,000 46,000
Dividend reinvestment plan                 729,000 1,165,000 1,576,000
Repurchases of common stock                 (7,183,000) (5,943,000) 0
Payment of cash dividends to common shareholders                 (17,108,000) (27,500,000) (12,046,000)
Net cash for financing activities                 (23,384,000) (32,118,000) (10,106,000)
Net change in cash and cash equivalents                 (3,608,000) (51,000) 5,447,000
Cash and cash equivalents at beginning of period       $ 9,653,000       $ 9,704,000 9,653,000 9,704,000 4,257,000
Cash and cash equivalents at end of period $ 6,045,000       $ 9,653,000       $ 6,045,000 $ 9,653,000 $ 9,704,000