Vitals
  • Total Assets
    1.7B 0.7 %
  • Total Deposits
    1.5B 1.0 %
  • Total Net Loans
    1.3B 7.0 %
  • Net Income
    17.3M 23.6 %
  • Book Value
    196.5M 5.3 %
  • Book Value x2
    393.1M 5.3 %
  • Book Value x3
    589.6M 5.3 %
ROAA

1.038

ROAE

9.005

Efficiency Ratio

65.305

Net Interest Margin

3.227

Balance Sheet Highlights
Financial Highlights Macatawa Bank All Insured Commercial Banks in Michigan
Balance Sheet $(000)
Total Assets 1,739,408 330,697
Total Net Loans 1,266,031 227,599
Total Deposits 1,454,267 278,247
Total Equity 196,548 33,935
Profitability
Net Income 17,335 3,589
Return on Average Assets 1.038 .954
Return on Average Equity 9.005 8.772
Net Interest Margin 3.227 3.821
Efficiency Ratio 65.305 71.925
Noninterest Income/Revenue 25.815 24.061
Balance Sheet Ratios
Loan-to-Deposit 87.056 76.845
Securities/Assets .146 .16
Total Equity/Total Assets .113 .103
Tangible Equity/Tangible Assets .113 .098
Capital Adequacy
Tier 1 Common Capital 197,972 32,553
Tier 1 Capital 197,972 32,664
Tier 2 Capital 16,962 2,479
Total Capital 214,934 35,133
Total Risk Weighted Assets 1,483,051 242,208
Leverage Ratio 11.69 10.341
Common Equity Tier 1 Capital Ratio 13.35 15.339
Tier 1 Capital Ratio 13.35 15.393
Total Capital Ratio 14.49 16.423

Timeline for Macatawa Bank

Calder Title Agency, Llc

Calder Title Agency, Llc became a new subsidiary organization for Macatawa Bank.

View Profile Jul 22 2013

Coastal Real Estate Holdings, Llc

Coastal Real Estate Holdings, Llc became a new subsidiary organization for Macatawa Bank.

View Profile Jan 01 2009

Macatawa Title Services Agency, Llc

Macatawa Title Services Agency, Llc became a new subsidiary organization for Macatawa Bank.

View Profile Jan 01 2009

Grand Bank

Acquisition: Macatawa Bank acquired a new subsidiary, Grand Bank, 21 years

View Profile Jan 01 2003

Grand Bank Mortgage Company

Grand Bank Mortgage Company became a new subsidiary organization for Macatawa Bank.

View Profile Jan 01 2003

Want to see more?

Complete timeline for Macatawa Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Grand Bank Seller 323,737 Pooling of Interests Discontinued 1/1/2003
Relationships Role Relationship Start Relationship End
Macatawa Bank Corporation Parent 2/23/1998
Coastal Real Estate Holdings, Llc Subsidary 1/1/2009
Calder Title Agency, Llc Subsidary 7/22/2013
Macatawa Title Services Agency, Llc Subsidary 1/1/2009 4/30/2012
Macatawa Bank Mortgage Company Subsidary 6/30/2007 6/30/2009
Macatawa Bank Mortgage Company Subsidary 5/7/2001 6/29/2007
Grand Bank Mortgage Company Subsidary 1/1/2003 3/30/2003
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