Macatawa Bank Corporation
MCBC · NASDAQ
3/31/2024 | 12/31/2023 | 9/30/2023 | 6/30/2023 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $9,793 | $9,495 | $11,413 | $10,312 |
| Dep. & Amort. | $477 | $1,834 | $24 | $82 |
| Deferred Tax | $80 | $199 | $154 | $32 |
| Stock-Based Comp. | $166 | $287 | $180 | $183 |
| Change in WC | -$126 | $2,610 | -$3,217 | -$666 |
| Other Non-Cash | $838 | -$1,655 | -$390 | $166 |
| Operating Cash Flow | $10,108 | $12,770 | $8,164 | $10,109 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$903 | $259 | -$160 | -$42 |
| Net Acquisitions | $0 | $0 | $0 | $0 |
| Inv. Purchases | -$2,399 | -$5,176 | -$3,108 | -$2,539 |
| Inv. Sales/Matur. | $49,550 | $12,114 | $20,011 | $18,378 |
| Other Inv. Act. | $31,510 | -$47,027 | -$19,672 | -$50,622 |
| Investing Cash Flow | $42,432 | -$39,830 | -$2,929 | -$34,825 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $0 | $0 | $0 | $0 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | $0 | -$121 | $0 | -$7 |
| Dividends Paid | -$3,082 | -$3,084 | -$2,734 | -$2,734 |
| Other Fin. Act. | -$141,329 | -$29,977 | $124,041 | -$9,357 |
| Financing Cash Flow | -$144,411 | -$33,061 | $121,307 | -$12,091 |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Chg. in Cash | -$91,871 | -$60,121 | $126,542 | -$36,807 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $450,352 | $510,473 | $383,931 | $420,738 |
| End Cash | $358,481 | $450,352 | $510,473 | $383,931 |
| Free Cash Flow | $9,205 | $13,029 | $8,004 | $10,067 |