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MCBC| Name | Value |
|---|---|
| Revenues | 29.8M |
| Cost of Revenue | 0.0M |
| Gross Profit | 29.8M |
| Operating Expense | 0.2M |
| Operating I/L | 14.2M |
| Other Income/Expense | -0.3M |
| Interest Income | 4.6M |
| Pretax | 14.2M |
| Income Tax Expense | 2.8M |
| Net Income/Loss | 11.4M |
Macatawa Bank Corporation operates as a bank holding company for Macatawa Bank, offering commercial and consumer banking, trust services, and various deposit products. The company provides commercial and industrial loans, commercial real estate loans, residential mortgage loans, and consumer loans, including automobile loans and home equity lines of credit. Additionally, it offers ATM and debit card processing, cash management, trust, and brokerage services, as well as fraud protection, collection services, and investment and retirement plan services. Macatawa Bank Corporation serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities through its 26 full-service branches in Michigan.
