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Macatawa Bank Corp (MCBC)

Macatawa Bank Corp (MCBC)
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Macatawa Bank Corporation is a bank holding company. The company provides a full range of commercial and consumer banking services primarily in the communities of Holland and Zeeland, Michigan, as well as the surrounding market area principally located in Ottawa County. The company's services include checking and savings accounts, safe deposit boxes, travelerschecks, money orders, trust services and commercial, mortgage and consumerloans.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Sales 33,740 34,320 34,400 31,730 31,790
Sales Growth -1.69% -0.23% +8.41% -0.19% +4.26%
Net Income 9,790 9,490 11,410 10,310 12,000
Net Income Growth +3.16% -16.83% +10.67% -14.08% -0.99%
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Total Assets 2,614,910 2,748,700 2,759,710 2,630,250 2,637,150
Total Assets Growth -4.87% -0.40% +4.92% -0.26% -9.28%
Total Liabilities 2,321,930 2,461,610 2,489,830 2,366,440 2,376,590
Total Liabilities Growth -5.67% -1.13% +5.21% -0.43% -10.65%
(Values in U.S. Thousands) Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023 Mar, 2023
Operating Cash Flow 10,120 43,800 31,000 22,840 12,730
Operating Cash Flow Growth -76.90% +41.29% +35.73% +79.42% -63.42%
Net Cash Flow -91,870 -304,820 -244,700 -371,240 -334,430
Change in Net Cash Flow +69.86% -24.57% +34.09% -11.01% +15.68%
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