ompany-overview

Investor Relations

Peer Analysis : Macatawa Bank Corporation

Performance Ratios (%) MCBC Peer Median Peer Average
ROAA 1.52 1.11 1.08
ROAE 14.58 10.25 9.87
Net Interest Margin 3.30 3.74 3.67
Efficiency Ratio 53.73 62.51 63.19
Loans / Deposits 81.82 88.56 89.99
Asset Quality Ratios (%)
NPAs / Assets 1.14 0.85 0.97
NCOs / Avg Loans (0.11) 0.02 0.03
Reserves / Loans 1.35 1.04 1.05
Reserves / NPAs 81.88 67.42 136.44
Capital Ratios (%)
Tier 1 Capital 14.70 12.75 12.74
Tangible Equity / Tangible Assets 11.01 9.45 9.12
Total Equity / Total Assets 11.01 10.27 10.87
Market Ratios
Price / Earnings (x) 8.12 7.95 11.22
Price / Book (%) 112.74 78.57 91.93
Dividend Yield (%) 4.33 3.07 3.22
Data for trailing four quarters

Macatawa Bank Corporation's peer group consists of the following: Citizens Community Bancorp, Inc. (CZWI), Fentura Financial, Inc. (FETM), FS Bancorp (FXLG), Grand River Commerce, Inc. (GNRV), Horizon Bancorp, Inc. (HBNC), Independent Bank Corporation (IBCP), Isabella Bank Corporation (ISBA), MBT Financial Corp. (MBTF), Nicolet Bankshares, Inc. (NCBS), Southern Michigan Bancorp, Inc. (SOMC)

Macatawa Bank Corporation's financial data is as of 3/31/2020.

Peer financial data is as of 3/31/2020 except for these companies:

MBT Financial Corp.'s financial data is as of 6/30/2019.