Call reports 2021
MACATAWA BANK, NATIONAL ASSOCIATION — 2021
What MACATAWA BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,733,572,000 | 2,940,189,000 | 2,901,253,000 | 2,928,502,000 |
| Total loans | 1,392,266,000 | 1,243,079,000 | 1,139,248,000 | 1,110,400,000 |
| Allowance for loan losses | 17,452,000 | 16,806,000 | 16,532,000 | 15,889,000 |
| Securities available for sale | 233,672,000 | 239,955,000 | 241,475,000 | 416,063,000 |
| Securities held to maturity | 89,170,000 | 121,867,000 | 137,569,000 | 137,003,000 |
| Trading assets | 3,801,000 | 3,586,000 | 3,446,000 | 3,277,000 |
| Total deposits | 2,395,273,000 | 2,607,679,000 | 2,561,029,000 | 2,585,790,000 |
| Interest-bearing deposits | 1,539,147,000 | 1,643,115,000 | 1,618,698,000 | 1,691,844,000 |
| Noninterest-bearing deposits | 856,126,000 | 964,564,000 | 942,331,000 | 893,946,000 |
| Equity capital | 254,866,000 | 240,483,000 | 244,129,000 | 245,942,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 15,274,000 | 30,458,000 | 45,300,000 | 58,634,000 |
| Interest expense | 631,000 | 1,204,000 | 1,738,000 | 2,246,000 |
| Net interest income | 14,643,000 | 29,254,000 | 43,562,000 | 56,388,000 |
| Noninterest income | 6,544,000 | 12,701,000 | 18,375,000 | 23,735,000 |
| Noninterest expense | 11,270,000 | 22,769,000 | 34,152,000 | 45,252,000 |
| Provision for loan losses | 0 | -750,000 | -1,300,000 | -2,050,000 |
| Pretax income | 9,890,000 | 19,914,000 | 29,056,000 | 36,878,000 |
| Income tax | 1,838,000 | 3,755,000 | 5,527,000 | 6,958,000 |
| Net income | 8,052,000 | 16,159,000 | 23,529,000 | 29,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 253,330,000 | 238,363,000 | 242,635,000 | 246,239,000 |
| Total capital | 270,782,000 | 255,169,000 | 259,167,000 | 262,128,000 |
| Risk-weighted assets | 1,439,665,000 | 1,438,936,000 | 1,437,835,000 | 1,474,885,000 |