MACATAWA BANK CORP
DelistedCIK 1053584fmd_18Y6DS0QF6AM6G8YPK3HH8S2TWFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials
Coverage: Jan 01, 2009 to Mar 31, 2024, 57 periods
| 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 | – | – | – | – | – | – |