Call reports 2017
MACATAWA BANK, NATIONAL ASSOCIATION — 2017
What MACATAWA BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 1,747,275,000 | 1,757,422,000 | 1,801,444,000 | 1,888,700,000 |
| Total loans | 1,268,895,000 | 1,254,539,000 | 1,262,236,000 | 1,321,517,000 |
| Allowance for loan losses | 16,696,000 | 16,570,000 | 16,434,000 | 16,600,000 |
| Securities available for sale | 184,605,000 | 184,761,000 | 214,182,000 | 220,720,000 |
| Securities held to maturity | 68,473,000 | 68,818,000 | 61,927,000 | 85,827,000 |
| Trading assets | 383,000 | 395,000 | 351,000 | 197,000 |
| Total deposits | 1,438,537,000 | 1,465,624,000 | 1,512,220,000 | 1,584,982,000 |
| Interest-bearing deposits | 966,732,000 | 978,221,000 | 1,008,868,000 | 1,088,426,000 |
| Noninterest-bearing deposits | 471,805,000 | 487,403,000 | 503,352,000 | 496,556,000 |
| Equity capital | 200,394,000 | 204,218,000 | 207,490,000 | 207,084,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 13,848,000 | 27,890,000 | 42,516,000 | 57,676,000 |
| Interest expense | 863,000 | 1,777,000 | 2,823,000 | 4,019,000 |
| Net interest income | 12,985,000 | 26,113,000 | 39,693,000 | 53,657,000 |
| Noninterest income | 4,304,000 | 9,073,000 | 13,553,000 | 17,806,000 |
| Noninterest expense | 10,789,000 | 21,703,000 | 32,508,000 | 43,461,000 |
| Provision for loan losses | -500,000 | -1,000,000 | -1,350,000 | -1,350,000 |
| Pretax income | 7,003,000 | 14,486,000 | 22,091,000 | 29,355,000 |
| Income tax | 2,168,000 | 4,504,000 | 6,862,000 | 11,554,000 |
| Net income | 4,835,000 | 9,982,000 | 15,229,000 | 17,801,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 201,129,000 | 204,469,000 | 207,805,000 | 208,356,000 |
| Total capital | 217,825,000 | 221,039,000 | 224,239,000 | 224,956,000 |
| Risk-weighted assets | 1,478,928,000 | 1,471,749,000 | 1,485,128,000 | 1,539,049,000 |