Last quarter (Q4 2023), Macatawa Bank's total revenue was $26.13M, a decrease of -5.00% from the same quarter last year. In Q4, Macatawa Bank's net income was $9.49M. See Macatawa Bank’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 105.89M	$ 105.89M	$ 91.29M	$ 81.81M	$ 84.09M	$ 81.83M
Credit Losses Provision	$ 550.00K	$ 550.00K	$ 1.13M	$ 2.05M	$ -3.00M	$ 450.00K
Non Interest Expense	$ 51.59M	$ 51.59M	$ -48.23M	$ -46.09M	$ 44.30M	$ 42.83M
Incomefrom Associatesand Other Participating Interests	-	-	-	-	-	-
Special Income Charges	$ -6.00M	$ -7.26M	$ -5.86M	$ -5.42M	-	-
Pretax Income	$ 53.75M	$ 53.75M	$ 43.06M	$ 35.72M	$ 36.79M	$ 39.44M
Tax Provision	$ 11.18M	$ 10.52M	$ 9.12M	$ 7.46M	$ 6.62M	$ 7.46M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 43.78M	$ 43.22M	$ 32.48M	$ 24.91M	$ 30.16M	$ 31.98M
Basic EPS	$ 1.26	$ 1.26	$ 1.01	$ 0.85	$ 0.88	$ 0.94
Diluted EPS	$ 1.26	$ 1.26	$ 1.01	$ 0.85	$ 0.88	$ 0.94
Basic Average Shares	$ 137.21M	$ 34.30M	$ 32.16M	$ 29.31M	$ 34.12M	$ 34.06M
Diluted Average Shares	$ 137.21M	$ 34.30M	$ 32.16M	$ 29.31M	$ 34.12M	$ 34.06M
Dividend Per Share	$ 0.33	$ 0.33	$ 0.32	$ 0.32	$ 0.32	$ 0.28
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Interest Income After Provision For Loan Loss	$ 86.90M	$ 86.90M	$ 70.15M	$ 56.07M	$ 58.54M	$ 63.94M
Net Income From Continuing And Discontinued Operation	$ 43.22M	$ 43.22M	$ 32.48M	$ 24.91M	$ 30.16M	$ 31.98M
Normalized Income	$ 47.05M	$ 25.02M	-	-	$ 30.18M	$ 31.96M
Total Money Market Investments	-	-	-	-	$ 968.00K	$ 4.34M
Ebit	-	-	-	-	-	-
Ebitda	-	-	-	-	-	-

Currency in USD

Macatawa Bank Earnings and Revenue History

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