US Stock MarketDetailed Quotes

MCBC Macatawa Bank

Watchlist

14.060
+0.040+0.29%

Close May 31 16:00 ET

14.060
0.0000.00%

Post 16:02 ET

483.12MMarket Cap11.72P/E (TTM)

Macatawa Bank Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual

YOY

Hide blank lines

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

(Q4)Dec 31, 2023

(Q3)Sep 30, 2023

(Q2)Jun 30, 2023

(Q1)Mar 31, 2023

(FY)Dec 31, 2022

(Q4)Dec 31, 2022

(Q3)Sep 30, 2022

(Q2)Jun 30, 2022

Assets

Cash cash equivalents and federal funds sold

-14.80%358.48M

-40.36%450.35M

-33.41%510.47M

-49.50%383.93M

-62.13%420.74M

-34.43%755.17M

-39.64%766.55M

-37.70%760.2M

-Cash and cash equivalents

-7.89%27.08M

-36.90%32.32M

22.53%40.69M

4.90%40.26M

-8.00%29.4M

116.38%51.22M

9.18%33.21M

23.59%38.38M

-Money market investments

-15.32%331.4M

-40.62%418.04M

-35.94%469.79M

-52.39%343.68M

-63.73%391.34M

-37.60%703.96M

-40.84%733.35M

-39.30%721.83M

Receivables

16.90%10.27M

18.01%8.98M

38.25%9.96M

46.81%7.5M

79.37%8.78M

86.06%7.61M

79.83%7.2M

12.54%5.11M

-Accounts receivable

16.90%10.27M

18.01%8.98M

38.25%9.96M

46.81%7.5M

79.37%8.78M

86.06%7.61M

79.83%7.2M

12.54%5.11M

Net loan

10.01%1.32B

13.61%1.32B

13.37%1.27B

14.20%1.25B

10.67%1.2B

6.23%1.16B

0.12%1.12B

-10.42%1.1B

-Gross loan

9.92%1.34B

13.62%1.34B

13.38%1.29B

14.24%1.27B

10.72%1.22B

6.08%1.18B

-0.03%1.14B

-10.46%1.11B

-Allowance for loans and lease losses

3.85%17.44M

14.11%17.44M

14.71%17M

16.94%17.11M

14.90%16.79M

-3.80%15.29M

-10.35%14.82M

-12.94%14.63M

Securities and investments

-9.42%791.97M

-0.91%840.32M

3.74%833.28M

8.23%853.24M

45.56%874.35M

53.33%848.02M

111.90%803.21M

117.88%788.35M

-Held to maturity securities

-13.67%300.75M

-4.94%331.52M

-5.57%330M

-3.49%340.4M

36.86%348.39M

154.57%348.77M

154.04%349.48M

189.43%352.72M

-Short term investments

-6.61%491.21M

1.91%508.8M

10.92%503.28M

17.72%512.84M

51.96%525.96M

20.00%499.26M

87.90%453.73M

81.55%435.63M

Federal home loan bank stock

0.00%10.21M

-11.65%10.21M

Bank owned life insurance

1.83%54.54M

1.69%54.25M

1.60%54.04M

1.56%53.79M

1.59%53.56M

1.67%53.35M

0.78%53.19M

0.87%52.96M

Net PPE

-3.18%38.97M

-4.22%38.6M

-3.13%39.4M

-3.22%39.77M

-2.81%40.25M

-3.51%40.31M

-3.95%40.67M

-4.24%41.09M

-Gross PPE

----

-0.39%78.78M

----

-4.18%79.09M

----

-Accumulated depreciation

----

-3.59%-40.18M

----

4.87%-38.79M

----

Foreclosed assets

----

--0

0.00%2.34M

Other assets

10.61%18.32M

1.79%17.84M

2.39%17.83M

10.86%17.72M

21.09%16.57M

16.89%17.53M

18.91%17.42M

-0.50%15.98M

Total assets

-0.84%2.61B

-5.44%2.75B

-2.66%2.76B

-5.43%2.63B

-9.99%2.64B

-0.75%2.91B

-2.29%2.84B

-5.44%2.78B

Liabilities

Total deposits

-1.99%2.28B

-7.63%2.42B

-4.33%2.45B

-6.94%2.32B

-9.74%2.33B

1.44%2.62B

0.12%2.56B

-4.06%2.49B

Current accrued expenses

----

7.77%15.88M

15.95%14.25M

10.17%14.89M

-7.62%15.69M

25.03%14.74M

10.57%12.29M

11.02%13.52M

Current debt and capital lease obligation

--20M

----

-Current debt

--20M

----

Long term debt and capital lease obligation

----

0.00%30M

-64.71%30M

-62.79%30M

-Long term debt

----

0.00%30M

-64.71%30M

-62.79%30M

Other liabilities

--17.53M

----

Total liabilities

-2.30%2.32B

-7.45%2.46B

-4.18%2.49B

-6.76%2.37B

-11.46%2.38B

-0.56%2.66B

-1.92%2.6B

-5.75%2.54B

Shareholders'equity

Share capital

0.31%220.42M

0.31%220.26M

0.23%220.09M

0.21%219.91M

0.21%219.73M

0.23%219.58M

0.27%219.58M

0.28%219.46M

-common stock

0.31%220.42M

0.31%220.26M

0.23%220.09M

0.21%219.91M

0.21%219.73M

0.23%219.58M

0.27%219.58M

0.28%219.46M

Retained earnings

43.79%96.47M

52.04%89.76M

67.88%83.35M

76.39%74.67M

74.30%67.09M

67.62%59.04M

56.48%49.65M

55.34%42.33M

Gains losses not affecting retained earnings

8.90%-23.92M

27.38%-22.93M

-2.71%-33.56M

-64.68%-30.76M

-116.00%-26.26M

-10,531.65%-31.58M

-2,287.22%-32.68M

-981.08%-18.68M

Total stockholders'equity

12.44%292.97M

16.21%287.09M

14.09%269.88M

8.52%263.82M

6.09%260.57M

-2.74%247.04M

-6.21%236.55M

-2.06%243.11M

Total equity

12.44%292.97M

16.21%287.09M

14.09%269.88M

8.52%263.82M

6.09%260.57M

-2.74%247.04M

-6.21%236.55M

-2.06%243.11M

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion

	(Q1)Mar 31, 2024	(FY)Dec 31, 2023	(Q4)Dec 31, 2023	(Q3)Sep 30, 2023	(Q2)Jun 30, 2023	(Q1)Mar 31, 2023	(FY)Dec 31, 2022	(Q4)Dec 31, 2022	(Q3)Sep 30, 2022	(Q2)Jun 30, 2022
Assets
Cash cash equivalents and federal funds sold	-14.80%358.48M	-40.36%450.35M	-40.36%450.35M	-33.41%510.47M	-49.50%383.93M	-62.13%420.74M	-34.43%755.17M	-34.43%755.17M	-39.64%766.55M	-37.70%760.2M
-Cash and cash equivalents	-7.89%27.08M	-36.90%32.32M	-36.90%32.32M	22.53%40.69M	4.90%40.26M	-8.00%29.4M	116.38%51.22M	116.38%51.22M	9.18%33.21M	23.59%38.38M
-Money market investments	-15.32%331.4M	-40.62%418.04M	-40.62%418.04M	-35.94%469.79M	-52.39%343.68M	-63.73%391.34M	-37.60%703.96M	-37.60%703.96M	-40.84%733.35M	-39.30%721.83M
Receivables	16.90%10.27M	18.01%8.98M	18.01%8.98M	38.25%9.96M	46.81%7.5M	79.37%8.78M	86.06%7.61M	86.06%7.61M	79.83%7.2M	12.54%5.11M
-Accounts receivable	16.90%10.27M	18.01%8.98M	18.01%8.98M	38.25%9.96M	46.81%7.5M	79.37%8.78M	86.06%7.61M	86.06%7.61M	79.83%7.2M	12.54%5.11M
Net loan	10.01%1.32B	13.61%1.32B	13.61%1.32B	13.37%1.27B	14.20%1.25B	10.67%1.2B	6.23%1.16B	6.23%1.16B	0.12%1.12B	-10.42%1.1B
-Gross loan	9.92%1.34B	13.62%1.34B	13.62%1.34B	13.38%1.29B	14.24%1.27B	10.72%1.22B	6.08%1.18B	6.08%1.18B	-0.03%1.14B	-10.46%1.11B
-Allowance for loans and lease losses	3.85%17.44M	14.11%17.44M	14.11%17.44M	14.71%17M	16.94%17.11M	14.90%16.79M	-3.80%15.29M	-3.80%15.29M	-10.35%14.82M	-12.94%14.63M
Securities and investments	-9.42%791.97M	-0.91%840.32M	-0.91%840.32M	3.74%833.28M	8.23%853.24M	45.56%874.35M	53.33%848.02M	53.33%848.02M	111.90%803.21M	117.88%788.35M
-Held to maturity securities	-13.67%300.75M	-4.94%331.52M	-4.94%331.52M	-5.57%330M	-3.49%340.4M	36.86%348.39M	154.57%348.77M	154.57%348.77M	154.04%349.48M	189.43%352.72M
-Short term investments	-6.61%491.21M	1.91%508.8M	1.91%508.8M	10.92%503.28M	17.72%512.84M	51.96%525.96M	20.00%499.26M	20.00%499.26M	87.90%453.73M	81.55%435.63M
Federal home loan bank stock	0.00%10.21M	0.00%10.21M	0.00%10.21M	0.00%10.21M	0.00%10.21M	0.00%10.21M	-11.65%10.21M	-11.65%10.21M	-11.65%10.21M	-11.65%10.21M
Bank owned life insurance	1.83%54.54M	1.69%54.25M	1.69%54.25M	1.60%54.04M	1.56%53.79M	1.59%53.56M	1.67%53.35M	1.67%53.35M	0.78%53.19M	0.87%52.96M
Net PPE	-3.18%38.97M	-4.22%38.6M	-4.22%38.6M	-3.13%39.4M	-3.22%39.77M	-2.81%40.25M	-3.51%40.31M	-3.51%40.31M	-3.95%40.67M	-4.24%41.09M
-Gross PPE	----	-0.39%78.78M	-0.39%78.78M	----	----	----	-4.18%79.09M	-4.18%79.09M	----	----
-Accumulated depreciation	----	-3.59%-40.18M	-3.59%-40.18M	----	----	----	4.87%-38.79M	4.87%-38.79M	----	----
Foreclosed assets	----	--0	--0	--0	--0	--0	0.00%2.34M	0.00%2.34M	0.00%2.34M	0.00%2.34M
Other assets	10.61%18.32M	1.79%17.84M	1.79%17.84M	2.39%17.83M	10.86%17.72M	21.09%16.57M	16.89%17.53M	16.89%17.53M	18.91%17.42M	-0.50%15.98M
Total assets	-0.84%2.61B	-5.44%2.75B	-5.44%2.75B	-2.66%2.76B	-5.43%2.63B	-9.99%2.64B	-0.75%2.91B	-0.75%2.91B	-2.29%2.84B	-5.44%2.78B
Liabilities
Total deposits	-1.99%2.28B	-7.63%2.42B	-7.63%2.42B	-4.33%2.45B	-6.94%2.32B	-9.74%2.33B	1.44%2.62B	1.44%2.62B	0.12%2.56B	-4.06%2.49B
Current accrued expenses	----	7.77%15.88M	7.77%15.88M	15.95%14.25M	10.17%14.89M	-7.62%15.69M	25.03%14.74M	25.03%14.74M	10.57%12.29M	11.02%13.52M
Current debt and capital lease obligation	--20M	----	----	----	----	----	----	----	----	----
-Current debt	--20M	----	----	----	----	----	----	----	----	----
Long term debt and capital lease obligation	----	0.00%30M	0.00%30M	0.00%30M	0.00%30M	-64.71%30M	-64.71%30M	-64.71%30M	-64.71%30M	-62.79%30M
-Long term debt	----	0.00%30M	0.00%30M	0.00%30M	0.00%30M	-64.71%30M	-64.71%30M	-64.71%30M	-64.71%30M	-62.79%30M
Other liabilities	--17.53M	----	----	----	----	----	----	----	----	----
Total liabilities	-2.30%2.32B	-7.45%2.46B	-7.45%2.46B	-4.18%2.49B	-6.76%2.37B	-11.46%2.38B	-0.56%2.66B	-0.56%2.66B	-1.92%2.6B	-5.75%2.54B
Shareholders'equity
Share capital	0.31%220.42M	0.31%220.26M	0.31%220.26M	0.23%220.09M	0.21%219.91M	0.21%219.73M	0.23%219.58M	0.23%219.58M	0.27%219.58M	0.28%219.46M
-common stock	0.31%220.42M	0.31%220.26M	0.31%220.26M	0.23%220.09M	0.21%219.91M	0.21%219.73M	0.23%219.58M	0.23%219.58M	0.27%219.58M	0.28%219.46M
Retained earnings	43.79%96.47M	52.04%89.76M	52.04%89.76M	67.88%83.35M	76.39%74.67M	74.30%67.09M	67.62%59.04M	67.62%59.04M	56.48%49.65M	55.34%42.33M
Gains losses not affecting retained earnings	8.90%-23.92M	27.38%-22.93M	27.38%-22.93M	-2.71%-33.56M	-64.68%-30.76M	-116.00%-26.26M	-10,531.65%-31.58M	-10,531.65%-31.58M	-2,287.22%-32.68M	-981.08%-18.68M
Total stockholders'equity	12.44%292.97M	16.21%287.09M	16.21%287.09M	14.09%269.88M	8.52%263.82M	6.09%260.57M	-2.74%247.04M	-2.74%247.04M	-6.21%236.55M	-2.06%243.11M
Total equity	12.44%292.97M	16.21%287.09M	16.21%287.09M	14.09%269.88M	8.52%263.82M	6.09%260.57M	-2.74%247.04M	-2.74%247.04M	-6.21%236.55M	-2.06%243.11M
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	Unqualified Opinion	--	--	--	--	Unqualified Opinion	--	--	--

Analysis

Analyst Rating

No Data

Price Target

No Data

Heat List

Overall