Call reports 2019
MACATAWA BANK, NATIONAL ASSOCIATION — 2019
What MACATAWA BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,924,312,000 | 1,976,862,000 | 2,142,984,000 | 2,068,014,000 |
| Total loans | 1,385,079,000 | 1,344,528,000 | 1,378,544,000 | 1,388,921,000 |
| Allowance for loan losses | 16,892,000 | 16,886,000 | 17,145,000 | 17,200,000 |
| Securities available for sale | 224,645,000 | 222,825,000 | 209,895,000 | 225,249,000 |
| Securities held to maturity | 70,336,000 | 79,054,000 | 81,995,000 | 82,720,000 |
| Trading assets | 1,055,000 | 1,745,000 | 2,361,000 | 1,830,000 |
| Total deposits | 1,624,369,000 | 1,667,936,000 | 1,827,029,000 | 1,760,584,000 |
| Interest-bearing deposits | 1,151,233,000 | 1,184,406,000 | 1,318,409,000 | 1,270,796,000 |
| Noninterest-bearing deposits | 473,136,000 | 483,530,000 | 508,620,000 | 489,788,000 |
| Equity capital | 231,415,000 | 238,905,000 | 244,728,000 | 230,305,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 19,189,000 | 38,429,000 | 57,508,000 | 75,942,000 |
| Interest expense | 2,583,000 | 5,294,000 | 7,986,000 | 10,223,000 |
| Net interest income | 16,606,000 | 33,135,000 | 49,522,000 | 65,719,000 |
| Noninterest income | 4,331,000 | 9,428,000 | 14,617,000 | 19,814,000 |
| Noninterest expense | 11,083,000 | 22,255,000 | 33,101,000 | 43,529,000 |
| Provision for loan losses | -250,000 | -450,000 | -450,000 | -450,000 |
| Pretax income | 10,122,000 | 20,797,000 | 31,538,000 | 42,497,000 |
| Income tax | 1,874,000 | 3,949,000 | 5,978,000 | 8,104,000 |
| Net income | 8,248,000 | 16,848,000 | 25,560,000 | 34,393,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 231,907,000 | 237,564,000 | 243,017,000 | 228,761,000 |
| Total capital | 248,799,000 | 254,450,000 | 260,162,000 | 245,961,000 |
| Risk-weighted assets | 1,581,496,000 | 1,555,326,000 | 1,587,769,000 | 1,604,051,000 |