Macatawa Bank Corporation
MCBC · NASDAQ
3/31/2024 | 12/31/2023 | 9/30/2023 | 6/30/2023 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $27,081 | $32,317 | $40,687 | $40,255 |
| Short-Term Investments | $491,214 | $508,798 | $503,277 | $512,837 |
| Receivables | $10,266 | $8,976 | $9,957 | $7,499 |
| Inventory | -$368,747 | -$492,270 | -$520,430 | -$391,430 |
| Other Curr. Assets | $368,747 | $459,328 | $520,430 | $391,430 |
| Total Curr. Assets | $368,747 | $459,328 | $520,430 | $391,430 |
| Property Plant & Equip (Net) | $38,971 | $39,379 | $39,399 | $39,766 |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangibles | $10,266 | $8,976 | $0 | $0 |
| Long-Term Investments | $15,764 | $15,067 | $833,280 | $853,237 |
| Tax Assets | $10,298 | $10,033 | $10,226 | $9,636 |
| Other NC Assets | $67,306 | $66,458 | -$833,280 | -$853,237 |
| Total NC Assets | $2,249,072 | $2,292,202 | $49,625 | $49,402 |
| Other Assets | $0 | $0 | $2,189,655 | $2,189,422 |
| Total Assets | $2,617,819 | $2,751,530 | $2,759,710 | $2,630,254 |
| Liabilities | – | – | – | – |
| Payables | $0 | $0 | $0 | $0 |
| Short-Term Debt | $20,000 | $30,388 | $30,000 | $30,000 |
| Tax Payable | $0 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $0 |
| Other Curr. Liab. | -$8,090 | $1,282,724 | -$22,638 | -$21,183 |
| Total Curr. Liab. | $634,325 | $1,313,112 | $683,052 | $1,306,906 |
| LT Debt | $639,502 | $30,000 | $2,482,471 | $2,357,618 |
| Deferred Rev, NC | -$20,000 | $1,103,415 | $27,334 | $27,460 |
| Deferred Tax Liab, NC | $2,913 | $2,831 | $2,666 | $2,540 |
| Other NC Liab. | $2,307,110 | $15,087 | $2,422,471 | $2,297,618 |
| Total NC Liab. | $1,690,521 | $1,151,333 | $30,000 | $30,000 |
| Other Liabilities | $0 | $0 | -$683,052 | -$1,306,906 |
| Cap. Leases | $619,502 | $0 | $2,452,471 | $2,327,618 |
| Total Liabilities | $2,324,846 | $2,464,445 | $30,000 | $30,000 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $220,421 | $220,255 | $220,089 | $219,909 |
| Retained Earnings | $96,471 | $89,760 | $83,349 | $74,670 |
| AOCI | -$23,919 | -$22,930 | -$33,561 | -$30,760 |
| Other Equity | $0 | $0 | $0 | $0 |
| Total Equity | $292,973 | $287,085 | $269,877 | $263,819 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $2,617,819 | $2,751,530 | $2,759,710 | $2,630,254 |
| Net Debt | $632,421 | $28,071 | $2,471,784 | $2,347,363 |