ompany-overview

Investor Relations

Peer Analysis : Macatawa Bank Corporation

Performance Ratios (%) MCBC Peer Median Peer Average
ROAA 1.56 1.14 1.07
ROAE 15.65 10.96 9.93
Net Interest Margin 3.42 3.73 3.62
Efficiency Ratio 54.20 64.44 64.33
Loans / Deposits 75.67 90.25 90.11
Asset Quality Ratios (%)
NPAs / Assets 0.77 0.85 1.00
NCOs / Avg Loans 0.00 0.03 0.02
Reserves / Loans 1.24 0.87 0.82
Reserves / NPAs 103.82 67.42 89.69
Capital Ratios (%)
Tier 1 Capital 15.80 12.83 12.88
Tangible Equity / Tangible Assets 9.88 9.29 9.28
Total Equity / Total Assets 9.88 10.20 11.03
Market Ratios
Price / Earnings (x) 11.96 12.85 15.21
Price / Book (%) 174.98 120.57 126.99
Dividend Yield (%) 2.57 2.36 2.22
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 9/30/2019.

Peer financial data is as of 9/30/2019 except for these companies:

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