ompany-overview

Investor Relations

Peer Analysis : Macatawa Bank Corporation

Performance Ratios (%) MCBC Peer Median Peer Average
ROAA 1.52 1.16 1.05
ROAE 15.51 10.26 9.37
Net Interest Margin 3.44 3.73 3.62
Efficiency Ratio 55.38 65.24 65.53
Loans / Deposits 80.88 91.82 91.80
Asset Quality Ratios (%)
NPAs / Assets 0.74 1.20 1.07
NCOs / Avg Loans 0.02 0.02 0.02
Reserves / Loans 1.26 0.90 0.83
Reserves / NPAs 114.89 55.79 70.71
Capital Ratios (%)
Tier 1 Capital 15.70 12.39 12.49
Tangible Equity / Tangible Assets 10.39 9.04 9.15
Total Equity / Total Assets 10.39 10.62 11.21
Market Ratios
Price / Earnings (x) 11.47 12.27 15.51
Price / Book (%) 165.42 120.30 123.65
Dividend Yield (%) 2.81 2.27 2.34
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 6/30/2019.

Peer financial data is as of 6/30/2019