MACATAWA BANK CORP

Delisted

CIK 1053584fmd_18Y6DS0QF6AM6G8YPK3HH8S2TWFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials

Coverage: Jan 01, 2009 to Mar 31, 2024, 57 periods

Income Statement · Annual · Millions · USD
Line item	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023
Total interest income	47	49	52	58	69	76	67	59	75	114
Total revenues	58	62	67	69	77	83	86	80	90	106
Net interest income	41	44	48	52	60	63	62	56	70	87
Provision for credit losses	3	4	(1)	(1)	0	(0)	3	(2)	(1)	1
Net interest income after provision	45	48	49	53	59	64	59	58	71	87
Non-interest income	16	18	19	17	18	20	24	24	20	18
Compensation and benefits	23	25	25	25	25	25	26	25	26	29
Impairment of real estate	2	1	1	0	0	0	0	0	0	–
Non-interest expense	46	47	46	44	44	44	46	46	48	52
Interest expense	6	5	5	6	9	12	6	3	5	26
Income before taxes	15	18	22	27	32	39	37	36	43	54
Income tax expense	5	6	6	11	6	7	7	7	8	11
Net income from continuing operations	10	13	16	16	26	32	30	29	35	43
Net income	10	13	16	16	26	32	30	29	35	43
Net income to common shareholders	10	13	16	16	–	–	–	–	–	–