Call reports 2018
MACATAWA BANK, NATIONAL ASSOCIATION — 2018
What MACATAWA BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,862,200,000 | 1,870,948,000 | 1,917,730,000 | 1,973,456,000 |
| Total loans | 1,325,545,000 | 1,327,747,000 | 1,344,683,000 | 1,406,073,000 |
| Allowance for loan losses | 16,675,000 | 16,695,000 | 16,803,000 | 16,876,000 |
| Securities available for sale | 214,269,000 | 218,770,000 | 218,615,000 | 226,986,000 |
| Securities held to maturity | 90,513,000 | 79,569,000 | 71,688,000 | 70,334,000 |
| Trading assets | 60,000 | 404,000 | 402,000 | 700,000 |
| Total deposits | 1,567,015,000 | 1,586,861,000 | 1,624,493,000 | 1,683,164,000 |
| Interest-bearing deposits | 1,106,878,000 | 1,083,856,000 | 1,117,063,000 | 1,191,209,000 |
| Noninterest-bearing deposits | 460,137,000 | 503,005,000 | 507,430,000 | 491,955,000 |
| Equity capital | 209,177,000 | 213,487,000 | 217,362,000 | 224,253,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 16,019,000 | 32,855,000 | 50,542,000 | 69,038,000 |
| Interest expense | 1,363,000 | 3,004,000 | 4,977,000 | 7,285,000 |
| Net interest income | 14,656,000 | 29,851,000 | 45,565,000 | 61,753,000 |
| Noninterest income | 3,739,000 | 8,187,000 | 12,658,000 | 17,691,000 |
| Noninterest expense | 10,838,000 | 21,896,000 | 32,963,000 | 43,857,000 |
| Provision for loan losses | -100,000 | -400,000 | -400,000 | 450,000 |
| Pretax income | 7,633,000 | 16,507,000 | 25,614,000 | 35,105,000 |
| Income tax | 1,362,000 | 2,945,000 | 4,659,000 | 6,551,000 |
| Net income | 6,271,000 | 13,562,000 | 20,955,000 | 28,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 212,538,000 | 217,299,000 | 221,850,000 | 226,531,000 |
| Total capital | 229,213,000 | 233,994,000 | 238,653,000 | 243,407,000 |
| Risk-weighted assets | 1,532,021,000 | 1,550,898,000 | 1,553,402,000 | 1,608,247,000 |