Macatawa Bank Corporation (MCBC) Company Profile - CorporateInformation.com

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Macatawa Bank Corporation Company Snapshot

Business Description:

Macatawa Bank Corporation operates in the State commercial banks sector. Macatawa Bank Corporation is a bank holding company. The Company is engaged in commercial banking. Through its wholly owned subsidiary, Macatawa Bank (the Bank), the Company offers a range of commercial and personal banking services, including checking, savings and certificates of deposit accounts, cash management, safe deposit boxes, trust services and commercial, mortgage and consumer loans through its 26 branch offices and a lending and operation service facility in Ottawa County, Kent County and northern Allegan County, Michigan. Other services the Company offers include automatic teller machines (ATMs), Internet banking, telephone banking and debit cards. The Bank provides various brokerage services, including discount brokerage through Infinex, personal financial planning and consultation regarding mutual funds. Its primary market area includes Ottawa, Kent and northern Allegan Counties, all located in Western Michigan. In our complete report available for purchase the company is compared to: Mercantile Bank Corporation, Oritani Financial Corp. and Hills Bancorporation.

Macatawa Bank Corporation

Stock Performance Chart for Macatawa Bank Corporation

Stock Data:

Recent Stock Performance:

Current Price (2/3/2012): 3.00
(Figures in U.S. Dollars)

1 Week	20.0%		13 Weeks	32.2%

4 Weeks	17.6%		52 Weeks	-29.4%

Macatawa Bank Corporation Key Data:

	Ticker:	MCBC	Country:	UNITED STATES

	Exchanges:	NAS	Major Industry:	Financial

			Sub Industry:	Commercial Banks

	2011 Sales	75,671,000 (Year Ending Jan 2012).	Employees:	392

	Currency:	U.S. Dollars	Market Cap:	81,248,469

	Fiscal Yr Ends:	December	Shares Outstanding:	27,082,823

	Share Type:	Common	Closely Held Shares:	321,975

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