Macatawa bank corp (MCBC)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and due from banks

25

31

50

30

28

40

30

37

26

34

28

31

30

27

31

30

22

29

23

28

27

31

24

37

34

38

35

27

21

33

22

25

22

30

22

21

21

Federal funds sold and other short-term investments

181

240

319

199

115

130

152

107

103

126

131

114

83

62

25

94

72

152

100

112

107

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents at end of period

207

272

370

230

143

171

183

144

130

161

159

145

113

89

57

124

94

181

123

141

134

129

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value

243

225

209

222

224

-

218

218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold and other short -term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74

80

92

118

178

129

127

192

211

218

184

212

230

244

214

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99

117

127

156

213

157

149

226

234

244

206

243

253

266

236

Interest-bearing time deposits in other financial institutions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

20

20

20

20

20

20

32

32

25

25

25

25

0

-

-

-

-

-

-

-

Securities available for sale, at fair value

-

-

-

-

-

226

-

-

214

220

214

184

184

184

184

173

168

166

161

158

155

161

162

152

153

139

135

129

126

123

116

96

88

54

41

22

9

Amortized cost

82

82

81

79

70

70

71

79

90

85

61

68

68

69

58

49

51

51

40

43

43

31

31

19

19

19

18

5

5

4

4

0

0

0

0

0

0

Federal Home Loan Bank (FHLB) stock

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

11

Loans held for sale, at fair value

1

3

1

1

0

0

0

0

0

1

2

3

2

2

2

1

2

2

2

5

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held for sale, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

0

1

0

1

2

4

3

8

11

6

8

1

5

0

2

Total loans

1,395

1,385

1,377

1,343

1,384

1,405

1,344

1,327

1,325

1,320

1,260

1,251

1,266

1,280

1,236

1,211

1,216

1,197

1,192

1,130

1,135

1,118

1,054

1,043

1,030

1,042

1,028

1,012

1,051

1,052

1,019

1,036

1,059

1,070

1,082

1,099

1,217

Total ending allowance balance

18

17

17

16

16

16

16

16

16

16

16

16

16

16

16

16

17

17

18

18

18

18

19

20

20

20

21

22

23

23

26

27

29

31

34

37

47

Net loans

1,376

1,368

1,360

1,326

1,367

1,388

1,327

1,310

1,308

1,303

1,243

1,234

1,249

1,263

1,219

1,194

1,199

1,180

1,174

1,111

1,116

1,099

1,035

1,023

1,009

1,021

1,007

990

1,027

1,028

992

1,009

1,030

1,039

1,047

1,061

1,169

Premises and equipment - net

43

43

43

44

44

44

45

45

46

46

46

48

49

50

50

50

50

51

51

52

52

52

53

53

53

53

52

53

53

53

54

54

54

55

55

56

56

Accrued interest receivable

5

4

5

5

5

5

5

5

5

4

4

4

4

4

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

Bank-owned life insurance

42

42

41

41

41

41

40

40

40

40

40

39

39

39

39

28

28

28

28

28

28

28

28

27

27

27

27

27

26

26

26

26

26

25

25

25

25

Ending balance

2

2

3

3

3

3

3

3

5

5

6

7

12

12

13

14

16

17

25

26

27

28

28

31

34

36

42

-

-

51

-

-

-

-

-

-

-

Net deferred tax asset

1

2

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

51

-

57

62

66

66

66

65

57

Net deferred tax asset

-

-

2

2

2

-

3

3

3

3

5

5

8

8

8

8

8

8

10

10

11

12

12

13

14

16

16

17

17

18

-

-

-

0

-

-

-

Other assets

12

9

12

9

9

7

6

7

6

4

5

5

4

5

4

5

4

3

4

4

4

2

3

4

3

4

4

5

4

4

5

4

5

6

4

5

4

Total assets

2,031

2,068

2,144

1,978

1,925

1,975

1,919

1,872

1,863

1,890

1,803

1,759

1,748

1,741

1,653

1,666

1,639

1,729

1,659

1,618

1,610

1,583

1,489

1,491

1,490

1,517

1,562

1,476

1,507

1,560

1,517

1,520

1,502

1,507

1,516

1,518

1,578

LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits
Noninterest-bearing

492

482

501

476

466

485

500

496

453

490

497

481

466

501

455

451

424

477

442

389

373

404

385

383

342

344

352

318

312

339

348

330

300

324

319

295

255

Interest-bearing

1,212

1,270

1,318

1,184

1,151

1,191

1,117

1,083

1,106

1,088

1,008

978

966

947

903

903

916

958

924

937

947

902

830

832

874

905

935

880

919

946

896

904

913

891

881

906

1,020

Total deposits

1,705

1,753

1,820

1,661

1,617

1,676

1,617

1,580

1,560

1,579

1,506

1,459

1,433

1,448

1,358

1,355

1,340

1,435

1,366

1,327

1,320

1,306

1,216

1,215

1,216

1,249

1,288

1,199

1,231

1,286

1,244

1,235

1,214

1,215

1,200

1,202

1,276

Other borrowed funds

70

60

60

60

60

60

70

65

80

92

72

82

102

84

84

104

94

96

96

96

96

88

-

-

-

89

-

-

-

-

-

-

-

-

-

-

-

Other borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

88

88

88

-

89

90

90

91

91

127

137

148

173

174

185

Long-term debt

20

20

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

41

Accrued expenses and other liabilities

11

17

11

10

8

6

6

5

5

4

10

4

5

4

7

6

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

1

1

1

1

1

1

1

1

1

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-

5

5

6

5

3

7

8

3

7

10

9

9

28

12

9

6

5

6

5

Total liabilities

1,807

1,851

1,932

1,772

1,727

1,784

1,735

1,692

1,688

1,717

1,629

1,588

1,582

1,578

1,491

1,508

1,484

1,577

1,509

1,471

1,464

1,441

1,349

1,353

1,355

1,384

1,427

1,343

1,374

1,430

1,407

1,417

1,404

1,413

1,422

1,426

1,510

Commitments and contingent liabilities

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders' equity
Common stock, no par value, 200,000,000 shares authorized; 34,107,995 and 34,103,542 shares issued and outstanding at March 31, 2020 and December 31, 2019

218

218

218

217

217

217

217

217

217

217

217

216

216

216

216

216

216

216

216

216

216

216

216

216

216

216

188

188

188

187

187

187

187

187

187

187

167

Retained earnings (deficit)

1

-2

-7

-13

-19

-24

-29

-34

-38

-42

-43

-46

-49

-53

-56

-59

-62

-64

-67

-69

-71

-74

-75

-77

-79

-81

-84

-86

-88

-91

-112

-119

-122

-126

-127

-128

-132

Accumulated other comprehensive income

3

1

1

1

-0

-2

-4

-3

-3

-1

-0

-0

-0

-1

1

1

0

0

0

0

0

0

-0

-0

-1

-1

-1

-1

0

0

1

0

0

0

0

0

0

Balance

223

217

211

205

197

190

183

179

175

172

173

170

166

162

162

158

155

151

149

146

145

142

140

138

135

132

135

133

132

130

109

102

98

94

93

92

67

Total liabilities and shareholders' equity

2,031

2,068

2,144

1,978

1,925

1,975

1,919

1,872

1,863

1,890

1,803

1,759

1,748

1,741

1,653

1,666

1,639

1,729

1,659

1,618

1,610

1,583

1,489

1,491

1,490

1,517

1,562

1,476

1,507

1,560

1,517

1,520

1,502

1,507

1,516

1,518

1,578