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Corporate Profile

Macatawa Bank Corporation (the Company) is a Michigan corporation and is the bank holding company for Macatawa Bank. Macatawa Bank is a Michigan chartered bank with depository accounts insured by the Federal Deposit Insurance Corporation.

As a customer-driven financial institution, the Company is focused on providing individuals, businesses and governmental entities with value-based products and services in a highly personalized manner. Banking services include commercial, consumer and real estate financing, business and personal deposit services, ATM's, Internet banking services, trust and employee benefit plan services. These are delivered through a network of 26 full service branches located in communities in Kent County, Ottawa County, and northern Allegan County.

Management believes that they can attract clients who prefer to conduct business with a locally managed institution that demonst... More >>

Stock Quote
MCBC (Common Stock)
ExchangeNASDAQ GS (US Dollar)
Price$2.22
Change (%) Stock is Up 0.05 (2.30%)
Volume50,827
Data as of 11/20/09 3:59 p.m. ET
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Recent NewsMore >>
DateTitle 
11/03/09Respected Business Leader Becomes Chairman of Macatawa Bank Corp.
HOLLAND, Mich., Nov. 3, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Macatawa Bank (Nasdaq:MCBC) has selected Richard L. Postma, a successful and respected business leader in West Michigan, to be the new Chairman of Macatawa Bank Corp. Postma, who is the co-founder and CEO of U.S. Signal Co., LLC, has joined the board of the holding company and will work closely with other directors and the Bank's leadership team to provide strategic direction, improve shareholder value and return t... 
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10/30/09Macatawa Bank Corporation Reports 3rd Quarter Results
HOLLAND, Mich., Oct. 30, 2009 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) today announced its results for the third quarter of 2009. * Net loss available to common shares of $20.9 million impacted by Provision for loan losses of $21.6 million. $3.1 million in costs associated with the administration and disposition of problem assets. FDIC insurance assessments of $1.0 million. These items total $25.7 million or $1.46 per diluted common share. *Al... 
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10/16/09Macatawa Bank Corporation Announces Date for Its Third Quarter 2009 Earnings Release
HOLLAND, Mich., Oct. 16, 2009 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) announced that it will release its third quarter 2009 earnings on Friday, October 30, 2009, at 4:15 p.m. EDT. The Company also intends to file on the same date its Report on Form 10-Q for the quarter ended September 30, 2009 with the Securities and Exchange Commission. Macatawa Bank Corporation is a bank holding company headquartered in Holland, Michigan and the parent company for Macatawa Bank. The Co... 
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08/12/09Macatawa Bank Corp. Announces Leadership Changes
HOLLAND, Mich., Aug. 12, 2009 (GLOBE NEWSWIRE) -- Macatawa Bank Corp. (Nasdaq:MCBC) today announced changes to the Executive Management Team and the Board of Directors. Ronald L. Haan, currently Co-Chief Executive Officer of Macatawa Bank Corp. and Executive Vice-President of Macatawa Bank, has been appointed Interim Chairman, President and Chief Executive Officer of Macatawa Bank, and Interim Chief Executive Officer of Macatawa Bank Corporation. Haan also serves on the Corporation's Board ... 
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