Macatawa Bank Balance Sheet Health
Financial Health criteria checks 6/6
Macatawa Bank has total assets of $2.7B and total equity of $287.1M. Total deposits are $2.4B, and total loans are $1.3B. It earns a Net Interest Margin of 3.4%. It has sufficient allowance for bad loans, which are currently at 0% of total loans. Cash and short-term investments are $455.2M.
Key information
9.6x
Asset to equity ratio
3.4%
Net interest margin
| Total deposits | US$2.42b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$455.21m |
Recent financial health updates
No updates
Recent updates
Macatawa Bank (NASDAQ:MCBC) Will Pay A Dividend Of $0.09
Jan 29
Macatawa Bank's (NASDAQ:MCBC) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 31Macatawa Bank (NASDAQ:MCBC) Is Paying Out A Dividend Of $0.08
Aug 01Macatawa Bank (NASDAQ:MCBC) Is Paying Out A Dividend Of $0.08
May 02Macatawa Bank (NASDAQ:MCBC) Is Paying Out A Dividend Of $0.08
Feb 01Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08
Nov 01Macatawa Bank goes ex-dividend tomorrow
Aug 09Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of $0.08
Aug 08Macatawa Bank: Lower Average Loan Balance To Drag Earnings This Year
Feb 16Macatawa Bank (NASDAQ:MCBC) Is Due To Pay A Dividend Of US$0.08
Feb 01Macatawa Bank (NASDAQ:MCBC) Has Affirmed Its Dividend Of US$0.08
Nov 02Macatawa Bank (NASDAQ:MCBC) Has Announced A Dividend Of US$0.08
Jul 29It May Be Possible That Macatawa Bank Corporation's (NASDAQ:MCBC) CEO Compensation Could Get Bumped Up
Apr 27Is Macatawa Bank Corporation (NASDAQ:MCBC) A Smart Choice For Dividend Investors?
Apr 15Did You Participate In Any Of Macatawa Bank's (NASDAQ:MCBC) Respectable 90% Return?
Mar 11Macatawa Bank Corporation (NASDAQ:MCBC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Feb 04Do Institutions Own Macatawa Bank Corporation (NASDAQ:MCBC) Shares?
Feb 01Macatawa Bank Corporation's (NASDAQ:MCBC) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Dec 27
Update: Macatawa Bank (NASDAQ:MCBC) Stock Gained 33% In The Last Five Years
Nov 30Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MCBC's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: MCBC has a sufficient allowance for bad loans (1744200%).
Low Risk Liabilities: 98% of MCBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: MCBC has an appropriate level of Loans to Assets ratio (48%).
Low Risk Deposits: MCBC's Loans to Deposits ratio (55%) is appropriate.
Level of Bad Loans: MCBC has an appropriate level of bad loans (0%).