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Macatawa Bank Corp (MCBC)

Macatawa Bank Corp (MCBC)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2022 09-2022 06-2022 03-2022 12-2021
Cash Flows From Operating Activities
Net Income 34,731 22,614 12,568 6,000 29,014
Depreciation Amortization 1,558 1,493 1,204 737 2,724
Income taxes - deferred 766 585 533 456 1,095
Other Working Capital -1,786 -3,551 -2,168 265 4,433
Loans 1,192 1,173 244 552 4,015
Other Operating Activity -1,661 -2,184 -1,350 -1,855 -5,357
Operating Cash Flow $34,800 $20,130 $11,031 $6,155 $35,924
Cash Flows From Investing Activities
PPE Investments -796 -605 -466 -235 -993
Purchase Of Investment -452,138 -392,589 -323,681 -100,677 -347,082
Sale Of Investment 118,641 101,983 68,061 44,993 105,529
Net Loans -68,234 -29,220 -2,680 7,318 320,869
Other Investing Activity 47 47 0 0 -8,922
Investing Cash Flow $-402,480 $-320,384 $-258,766 $-48,601 $69,401
Cash Flows From Financing Activities
Debt Issued 25,000 25,000 25,000 25,000 25,000
Debt Repayment -80,000 -80,000 -80,000 -25,000 -30,619
Common Stock Repurchased N/A -35 -20 -13 N/A
Dividend Paid -10,915 -8,186 -5,456 -2,728 -10,895
Other Financing Activity -207 0 0 0 -130
Financing Cash Flow $-28,938 $-84,982 $-143,851 $1,598 $262,727
Beginning Cash Position 1,151,788 1,151,788 1,151,788 1,151,788 783,736
End Cash Position 755,170 766,552 760,202 1,110,940 1,151,788
Net Cash Flow $-396,618 $-385,236 $-391,586 $-40,848 $368,052
Free Cash Flow
Operating Cash Flow 34,800 20,130 11,031 6,155 35,924
Capital Expenditure -796 -605 -466 -235 -993
Free Cash Flow 34,004 19,525 10,565 5,920 34,931
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