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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)
  12-2017 09-2017 06-2017 03-2017 12-2016
Cash Flows From Operating Activities
Net Income 16,292 14,098 9,223 4,460 15,951
Depreciation Amortization 2,285 1,435 973 537 2,805
Income taxes - deferred 4,974 2,249 2,353 162 942
Other Working Capital 304 2,499 -1,185 709 -2,075
Loans 973 -18 -1,003 -586 595
Other Operating Activity -2,049 -1,331 -88 112 -1,290
Operating Cash Flow $22,779 $18,932 $10,273 $5,394 $16,928
Cash Flows From Investing Activities
Change In Deposits N/A N/A N/A N/A 20,000
PPE Investments 551 1,008 22 -462 -1,188
Purchase Of Investment -104,640 -64,820 -17,683 -8,867 -122,861
Sale Of Investment 52,525 46,155 20,060 11,006 84,840
Net Loans -38,629 21,537 30,005 14,862 -81,988
Other Investing Activity 7,034 6,227 5,601 320 -4,143
Investing Cash Flow $-83,159 $10,107 $38,005 $16,859 $-105,340
Cash Flows From Financing Activities
Debt Issued 40,000 20,000 20,000 20,000 10,000
Debt Repayment -32,055 -32,055 -21,388 -1,388 -21,996
Common Stock Issued 68 34 N/A N/A N/A
Common Stock Repurchased -183 -5 N/A N/A -269
Dividend Paid -6,088 -4,397 -2,706 -1,357 -4,049
Other Financing Activity 0 0 0 0 -143
Financing Cash Flow $132,028 $41,031 $7,172 $1,677 $-3,245
Beginning Cash Position 89,819 89,819 89,819 89,819 181,476
End Cash Position 161,467 159,889 145,269 113,749 89,819
Net Cash Flow $71,648 $70,070 $55,450 $23,930 $-91,657
Free Cash Flow
Operating Cash Flow 22,779 18,932 10,273 5,394 16,928
Capital Expenditure -1,191 -734 -568 -462 -1,188
Free Cash Flow 21,588 18,198 9,705 4,932 15,740
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