ompany-overview

Investor Relations

Peer Analysis : Macatawa Bank Corporation

Performance Ratios (%) MCBC Peer Median Peer Average
ROAA 1.05 0.93 0.89
ROAE 10.94 8.73 8.06
Net Interest Margin 3.17 3.56 3.52
Efficiency Ratio 65.40 67.33 67.37
Loans / Deposits 85.71 90.31 90.04
Asset Quality Ratios (%)
NPAs / Assets 1.74 1.40 1.48
NCOs / Avg Loans (0.09) 0.02 0.03
Reserves / Loans 1.32 1.08 0.95
Reserves / NPAs 54.04 51.54 55.73
Capital Ratios (%)
Tier 1 Capital 14.30 12.82 13.65
Tangible Equity / Tangible Assets 9.67 8.50 8.73
Total Equity / Total Assets 9.67 10.24 10.80
Market Ratios
Price / Earnings (x) 19.47 17.96 19.15
Price / Book (%) 205.81 125.94 140.03
Dividend Yield (%) 1.94 1.80 1.68
Data for trailing four quarters

Macatawa Bank Corporation's peer group consists of the following: Citizens Community Bancorp, Inc. (CZWI), F.S. Bancorp (FXLG), Fentura Financial, Inc. (FETM), Grand River Commerce, Inc. (GNRV), Horizon Bancorp (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 6/30/2017.

Peer financial data is as of 6/30/2017 except for these companies:

F.S. Bancorp's financial data is as of 9/30/2017.
Nicolet Bankshares, Inc.'s financial data is as of 9/30/2017.