Macatawa Bank

Macatawa Bank is headquartered in Holland and is the 6^th largest bank in the state of Michigan. It is also the 443^rd largest bank in the nation. It was established in 1997 and as of March of 2012, it had grown to 382 employees at 30 locations. Macatawa Bank has a 3-star health rating.

Data for Q1 2012

Institution Statistics Macatawa Bank FDIC Certificate # 34618 BankRate Report View Year Established 1997 Employees 382 Primary Regulator FDIC Assets and Liabilities Assets $1.50 billion Loans $1.04 billion Deposits $1.22 billion Equity Capital $133.29 million Loan Loss Allowance $29.45 million Unbacked Noncurrent Loans $23.44 million Real Estate Owned $66.24 million Historic Data - March 2011 Assets $1.55 billion Equity Capital $111.66 million Loan Loss Allowance $42.34 million Unbacked Noncurrent Loans $55.80 million Real Estate Owned $64.99 million Profit Margin - Quarterly Net Interest Margin 3.58% Return on Assets 1.35% Return on Equity 15.53% Interest Income $14.10 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Macatawa Bank had $89.68 million in non-current loans and owned real-estate with $162.74 million in equity and loan loss allowances on hand to cover it. This gives Macatawa Bank a Texas Ratio of 55.10% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Macatawa Bank decreased slightly from 78.59% as of March 31, 2011 to 55.10% as of March 31, 2012, resulting in a positive change of 29.89%.This indicates that the balance sheet and financial strength for Macatawa Bank has improved slightly in recent periods. Deposit Growth In the past year, Macatawa Bank has decreased its total deposits by -$40.02 million, resulting in -3.16% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Macatawa Bank has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Macatawa Bank has $1.5 billion in assets with $162.74 million in equity, resulting in a capitalization level of 10.84%, which is above average.

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