Macatawa Bank Corporation Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2023

																To Be Well
						Minimum					Minimum Capital					Capitalized Under
						Capital					Adequacy With					Prompt Corrective
	Actual					Adequacy					Capital Buffer					Action Regulations
	Amount		Ratio			Amount		Ratio			Amount		Ratio			Amount		Ratio
September 30, 2023
CET1 capital (to risk weighted assets)
Consolidated	$	303,438		17.7	%	$	77,330		4.5	%	$	120,292		7.0	%		N/A		N/A
Bank		294,503		17.1			77,329		4.5			120,289		7.0		$	111,697		6.5	%
Tier 1 capital (to risk weighted assets)
Consolidated		303,438		17.7			103,107		6.0			146,068		8.5			N/A		N/A
Bank		294,503		17.1			103,105		6.0			146,065		8.5			137,473		8.0
Total capital (to risk weighted assets)
Consolidated		320,439		18.7			137,476		8.0			180,437		10.5			N/A		N/A
Bank		311,504		18.1			137,473		8.0			180,434		10.5			171,842		10.0
Tier 1 capital (to average assets)
Consolidated		303,438		10.9			111,285		4.0			N/A		N/A			N/A		N/A
Bank		294,503		10.6			111,280		4.0			N/A		N/A			139,100		5.0

December 31, 2022
CET1 capital (to risk weighted assets)
Consolidated	$	278,615		16.9	%	$	74,003		4.5	%	$	115,116		7.0	%		N/A		N/A
Bank		270,274		16.4			73,992		4.5			115,098		7.0		$	106,877		6.5	%
Tier 1 capital (to risk weighted assets)
Consolidated		278,615		16.9			98,670		6.0			139,783		8.5			N/A		N/A
Bank		270,274		16.4			98,655		6.0			139,762		8.5			131,540		8.0
Total capital (to risk weighted assets)
Consolidated		293,900		17.9			131,561		8.0			172,673		10.5			N/A		N/A
Bank		285,559		17.4			131,540		8.0			172,647		10.5			164,426		10.0
Tier 1 capital (to average assets)
Consolidated		278,615		9.7			114,589		4.0			N/A		N/A			N/A		N/A
Bank		270,274		9.4			114,582		4.0			N/A		N/A			143,227		5.0