MACATAWA BANK CORP Income Statement

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Financial Statements

In millions of USD, except per-share amounts

	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019
Interest income
Loans, including fees
Securities
Taxable
Tax-exempt
FHLB Stock
Federal funds sold and other short-term investments
Total interest income
Interest expense
Deposits
Other borrowings
Long-term debt
Total interest expense
Net interest income
Provision for loan losses
Provision (benefit) for credit losses
Net interest income after provision (benefit) for credit losses

Noninterest income
Service charges and fees
Noninterest revenue
Service
Trust Fees
ATM and Debit Card Fees
Net gains on mortgage loans
BOLI income
Other
Total noninterest income
Noninterest expense
Salaries and benefits
Occupancy of premises
Furniture and equipment
Legal and professional
Marketing and promotion
Data processing
FDIC assessment
Interchange and other card expense
Bond and D&O Insurance
Net losses on repossessed and foreclosed properties
Administration and disposition of problem assets
Other
Total noninterest expenses
Income before income tax
Income tax expense
Net income
Basic and diluted earnings per common share (in dollars per share)
Cash dividends per common share (in dollars per share)

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