Macatawa Bank Corporation
MCBC · NASDAQ
12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |
|---|---|---|---|---|
| Assets | – | – | – | – |
| Cash & Equivalents | $32,317 | $51,215 | $23,669 | $31,480 |
| Short-Term Investments | $508,798 | $499,257 | $416,063 | $236,832 |
| Receivables | $8,976 | $7,606 | $4,088 | $5,625 |
| Inventory | -$492,270 | -$765,119 | -$1,158,219 | -$791,898 |
| Other Curr. Assets | $459,328 | $765,119 | $1,158,219 | $791,898 |
| Total Curr. Assets | $459,328 | $762,776 | $443,820 | $273,937 |
| Property Plant & Equip (Net) | $39,379 | $40,306 | $41,773 | $43,254 |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangibles | $8,976 | $0 | $4,088 | $5,625 |
| Long-Term Investments | $15,067 | $848,022 | $553,066 | $316,300 |
| Tax Assets | $10,033 | $9,712 | $4,065 | $5,138 |
| Other NC Assets | $66,458 | -$848,022 | -$594,839 | -$359,554 |
| Total NC Assets | $2,292,202 | $50,018 | $594,839 | $359,554 |
| Other Assets | $0 | $2,094,125 | $1,890,092 | $2,008,535 |
| Total Assets | $2,751,530 | $2,906,919 | $2,928,751 | $2,642,026 |
| Liabilities | – | – | – | – |
| Payables | $0 | $0 | $0 | $0 |
| Short-Term Debt | $30,388 | $360 | $411 | $10,000 |
| Tax Payable | $0 | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 | $0 |
| Other Curr. Liab. | $1,282,724 | -$360 | -$411 | -$10,000 |
| Total Curr. Liab. | $1,313,112 | $1,596,242 | $1,623,171 | $1,462,597 |
| LT Debt | $30,000 | $30,000 | $85,000 | $90,619 |
| Deferred Rev, NC | $1,103,415 | $2,657,720 | $83,098 | $87,540 |
| Deferred Tax Liab, NC | $2,831 | $2,161 | $1,902 | $3,079 |
| Other NC Liab. | $15,087 | -$30,000 | -$85,000 | -$90,619 |
| Total NC Liab. | $1,151,333 | $2,659,881 | $85,000 | $90,619 |
| Other Liabilities | $0 | -$1,596,242 | -$1,623,171 | -$1,462,597 |
| Cap. Leases | $0 | $0 | $0 | $0 |
| Total Liabilities | $2,464,445 | $2,659,881 | $85,000 | $90,619 |
| Equity | – | – | – | – |
| Pref Stock | $0 | $0 | $0 | $0 |
| Common Stock | $220,255 | $219,578 | $219,082 | $218,528 |
| Retained Earnings | $89,760 | $59,036 | $35,220 | $17,101 |
| AOCI | -$22,930 | -$31,576 | -$297 | $4,214 |
| Other Equity | $0 | $0 | $0 | $0 |
| Total Equity | $287,085 | $247,038 | $254,005 | $239,843 |
| Supplemental Information | – | – | – | – |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liab. & Tot. Equity | $2,751,530 | $2,906,919 | $2,928,751 | $2,642,026 |
| Net Debt | $28,071 | -$20,855 | $61,742 | $69,139 |