Macatawa Bank Corporation
MCBC

$509.24 M
Marketcap
$14.82
Share price
Country
$-0.13
Change (1 day)
$15.16
Year High
$8.31
Year Low
Categories

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and consumer banking and trust services. The company accepts various deposits, such as checking accounts, savings accounts, time deposits, regular and money market savings accounts, certificates of deposit, and demand deposits. Its loan products include commercial and industrial loans comprising loans to finance operations and equipment; commercial real estate loans, which consist of construction and development, multi-family, and other non-residential real estate loans; and residential mortgage loans, as well as consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers ATM and debit card processing, cash management, trust, and brokerage services. In addition, it provides fraud protection; collection services; disbursement solutions; fund management; and investment and retirement plan services. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities. As of December 31, 2021, the company had 26 full-service branches in Kent, Ottawa, and northern Allegan counties, Michigan. Macatawa Bank Corporation was incorporated in 1997 and is based in Holland, Michigan.

marketcap

Earnings for Macatawa Bank Corporation (MCBC)

Earnings in 2023 (TTM): $53.75 M

According to Macatawa Bank Corporation's latest financial reports the company's current earnings (TTM) are $53.75 M. The earnings displayed on this page is the company's Pretax Income.

Earnings history of Macatawa Bank Corporation

Annual Earnings

Year Income Before Tax Net Income
2023 $53.75 M $43.22 M
2022 $43.06 M $34.73 M
2021 $35.72 M $29.01 M
2020 $36.79 M $30.17 M
2019 $39.44 M $31.98 M
2018 $32.35 M $26.38 M
2017 $27.03 M $16.29 M
2016 $22.18 M $15.95 M
2015 $18.42 M $12.79 M
2014 $15.05 M $10.47 M
2013 $13.82 M $9.55 M
2012 $16.91 M $35.49 M
2011 $5.83 M $5.83 M
2010 $-16,551,000 $-17,854,000
2009 $-72,241,000 $-63,641,000
2008 $-47,227,000 $-38,854,000
2007 $13.01 M $9.27 M
2006 $28.97 M $19.83 M
2005 $30.74 M $20.89 M
2004 $18.77 M $12.78 M
2003 $17.57 M $11.78 M
2002 $14.17 M $9.51 M
2001 $7.61 M $5.12 M
2000 $4.05 M $3.35 M
1999 $ $693.27 K
1998 $ $-2,488,551