Macatawa Bank Corporation Declares Quarterly Cash Dividend

HOLLAND, Mich., Aug. 27, 2007 (PRIME NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) announced that its board of directors declared a quarterly cash dividend of thirteen cents ($.13) per share payable on September 28, 2007, to shareholders of record on September 10, 2007. This marks the twenty-eighth consecutive quarterly cash dividend since the nine-year -old banking company began paying cash dividends in the fourth quarter of 2000. The dividend amount represents a 14% increase over the third quarter 2006 cash dividend after considering the effect of the 5% stock dividend paid in May 2007.

Given its track record of dividends and steady increases therein, Macatawa was recently featured in a Forbes Magazine article entitled "Growth with a Dividend Chaser." Forbes identified Macatawa with only eleven other companies nationally as "high-quality, dividend-paying stocks." Macatawa's Chairman and CEO Ben Smith commented, "We are pleased that our commitment to providing a strong total return to our shareholders is being recognized nationally."

Headquartered in Holland, Michigan, Macatawa Bank Corporation is the parent company for Macatawa Bank. The Bank offers a full range of banking, investment and trust services to individuals, businesses, and governmental entities from a network of 26 full service branches located in communities in Kent County, Ottawa County, and northern Allegan County. Services include commercial, consumer and real estate financing; business and personal deposit services, ATM, telephone and Internet banking services, trust and employee benefit plan services and various investment services. The Corporation emphasizes its local management team and decision making, along with providing its customers excellent service and superior financial products.

CONTACT: Macatawa Bank Corporation
         Jon W. Swets, SVP/CFO
         616.494.7645

Released August 27, 2007