UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2008 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Macatawa Bank Corporation Address: 10753 Macatawa Drive Holland, MI 49424 Form 13F File Number: 28-13033 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of the Reporting Manager: Name: Nadine Terpstra Title: Vice President-Trust Operations Manager Phone: 616-233-3311 Signature, Place, and Date of Signing: /s/ Nadine Terpstra Holland, MI 8/14/2008 [Signature] [City, State] [Date] Nadine Terpstra Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 88 Form 13F Information Table Value Total: $128,978 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File # Name 01 Not yet known Macatawa Bank FORM 13F INFORMATION TABLE Voting Authority ---------------- Title of Value Shares/ Sh/ Put/ Invstmt Other Name of Issuer class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None - ----------------------------- --------- ----- -------- ------- --- --- ------- -------- ---- ------ ---- ADOBE SYSTEMS DEL COM 00724F101 1705 43289 SH DEFINED 01 24390 18899 ADR VEOLIA ENVIRONNEMENT SA FOR 92334N103 272 4875 SH DEFINED 01 4030 845 ALLSCRIPTS HLTHCAR SOL COM COM 01988P108 1101 88725 SH DEFINED 01 49425 39300 ALTRIA GROUP INC COM COM 02209S103 212 10304 SH DEFINED 01 10304 AMERICAN CAPITAL STRATEGIES LTD COM COM 24937104 402 16900 SH DEFINED 01 16900 APPLE COMPUTER INC COM COM 37833100 772 4608 SH DEFINED 01 2386 2222 AT&T INC. COM 00206R102 2233 66273 SH DEFINED 01 48068 18205 AUTODESK INC. COM 52769106 1294 38271 SH DEFINED 01 21690 16581 BANK OF AMERICA CORP NEW COM COM 60505104 1379 57782 SH DEFINED 01 43144 14638 BANK OF FLORIDA CORP COM COM 62128103 189 26000 SH DEFINED 01 26000 BANNER CORPORATION COM COM 06652V109 89 10000 SH DEFINED 01 10000 BB&T CORP COM 54937107 207 9100 SH DEFINED 01 9100 BERKSHIRE HATHAWAY INC CL B COM 84670207 329 82 SH DEFINED 01 82 BLACKROCK INC COMMON STOCK COM 09247X101 283 1600 SH DEFINED 01 1600 BP AMOCO PLC SPONSORED ADR FOR 55622104 766 11017 SH DEFINED 01 11017 BRISTOL MYERS SQUIBB CO COM 110122108 301 14684 SH DEFINED 01 14684 CASCADE BANCORP INC COM COM 147154108 119 15400 SH DEFINED 01 15400 CISCO SYSTEMS INC. COM 17275R102 3441 147935 SH DEFINED 01 86757 61178 CITIGROUP INC COM 172967101 234 13964 SH DEFINED 01 13964 CITIZENS COMMUNICATIONS CO INC COM 17453B101 155 13650 SH DEFINED 01 13650 CME GROUP INC COM COM 12572Q105 387 1010 SH DEFINED 01 1010 COACH INC COM COM 189754104 992 34357 SH DEFINED 01 21032 13325 COBIZ INC COM COM 190897108 132 20000 SH DEFINED 01 20000 COGNIZANT TECH SOLUTNS CL A COM 192446102 1995 61375 SH DEFINED 01 34260 27115 COOPERATIVE BANKSHARES INC COM COM 216844100 172 25000 SH DEFINED 01 25000 CRESCENT FINANCIAL CORP COM COM 225744101 220 38250 SH DEFINED 01 38250 DANAHER CORP COM 235851102 1266 16380 SH DEFINED 01 15180 1200 DANAHER CORP DEL COM COM 235851102 642 8310 SH DEFINED 01 200 8110 DEARBORN BANCORP INC CAP COM 24242R108 152 31311 SH DEFINED 01 31311 DEUTSCHE TELEKOM AG SPONSORED ADR FOR 251566105 263 16050 SH DEFINED 01 16050 DUKE ENERGY CORP NEW COM COM 26441C105 180 10334 SH DEFINED 01 10334 ENERGY CONVERSN DEVICE COM COM 292659109 380 5160 SH DEFINED 01 5160 ENI SPA ADR FOR 26874R108 349 4700 SH DEFINED 01 4700 ENTERPRISE FINANCIAL SERVICES COM COM 293712105 320 17000 SH DEFINED 01 17000 EXXON MOBIL CORP COM COM 30231G102 4780 54245.09 SH DEFINED 01 39740 14505.09 FIRSTBANK CORP COM 33761G104 131 14586 SH DEFINED 01 14586 FISERV INC. COM 337738108 3162 69696 SH DEFINED 01 45864 23832 GATEWAY FINANCIAL HOLDING INC COM COM 368140109 285 37000 SH DEFINED 01 37000 GENERAL ELECTRIC COM 369604104 2588 96983 SH DEFINED 01 70353 26630 GENTEX CORP COM 371901109 283 19620 SH DEFINED 01 18120 1500 GOOGLE INC CL A COM 38259P508 1498 2846 SH DEFINED 01 1425 1421 HEARTLAND PAYMENT SYSTEM INC COM COM 42235N108 354 15000 SH DEFINED 01 15000 HUNTINGTON BANCSHARES INC COM 446150104 1227 212615 SH DEFINED 01 212371 244 INTERCONTINENTALEXCHANGE INC COM 45865V100 388 3400 SH DEFINED 01 3400 INTUITIVE SURGICAL INC COM NEW COM 46120E602 1303 4839 SH DEFINED 01 2009 2830 JOHNSON & JOHNSON COM COM 478160104 3106 48273 SH DEFINED 01 32153 16120 KIMBERLY CLARK COM 494368103 275 4600 SH DEFINED 01 4600 LAKELAND FINL CORP COM COM 511656100 391 20500 SH DEFINED 01 20500 LOWES COS INC COM COM 548661107 1706 82254 SH DEFINED 01 53434 28820 MACATAWA BANK CORPORATION COM 554225102 12659 1582353 SH DEFINED 01 893651 688701.9 MB FINANCIAL INC NEW COM COM 55264U108 344 15300 SH DEFINED 01 15300 METAVANTE HOLDING CO COM COM 591407101 309 13666 SH DEFINED 01 13666 MONSANTO CO NEW COM COM 61166W101 15069 119182 SH DEFINED 01 119182 MORNINGSTAR INC COM COM 617700109 2359 32754 SH DEFINED 01 23974 8780 NATIONAL CITY CORP COM 635405103 112 23551 SH DEFINED 01 23551 PACIFIC CONTIENTAL CORP COM 69412V108 165 15000 SH DEFINED 01 15000 PEPSICO INC COM COM 713448108 1998 31420 SH DEFINED 01 20120 11300 PFIZER INC COM 717081103 11131 637143 SH DEFINED 01 637143 PHILIP MORRIS INTERNATIONAL INC COM 718172109 484 9804 SH DEFINED 01 9804 PINNACLE FINANCIAL PARTNERS INC COM 72346Q104 428 21300 SH DEFINED 01 21300 POWERSHARES ETF TRUST DYN BIOT COM 73935X856 576 33525 SH DEFINED 01 500 33025 POWERSHARES ETF TRUST DYN BIOT COM 73935X856 1435 83497 SH DEFINED 01 45707 37790 PREMIERWEST BANCORP COM COM 740921101 158 27000 SH DEFINED 01 27000 PRIVATE BANCORP INC COM COM 742962103 234 7700 SH DEFINED 01 7700 PROCTER & GAMBLE CO COM COM 742718109 2000 32887 SH DEFINED 01 21127 11760 PULASKI FINANCIAL CORP COM COM 745548107 390 41000 SH DEFINED 01 41000 REYNOLDS AMERICAN INC COM COM 761713106 295 6330 SH DEFINED 01 6330 RIVERVIEW BANCORP INC COM COM 769397100 227 30600 SH DEFINED 01 30600 SCHLUMBERGER LTD COM COM 806857108 3531 32868 SH DEFINED 01 20673 12195 SEI INVTS CO COM 784117103 1295 55055 SH DEFINED 01 50820 4235 SIERRA BANCORP COM COM 82620P102 198 12000 SH DEFINED 01 12000 STATE STREET CORP COM 857477103 403 6300 SH DEFINED 01 6300 STERICYCLE INC COM COM 858912108 2549 49302 SH DEFINED 01 31682 17620 STRYKER CORP COM COM 863667101 9751 155081 SH DEFINED 01 140404 14677 T ROWE PRICE GROUP INC COM COM 74144T108 485 8600 SH DEFINED 01 3790 4810 TEVA PHARMACEUTICAL INDS LTD ADR FOR 881624209 3437 75035 SH DEFINED 01 46590 28445 TEXTRON INC COM COM 883203101 572 11950 SH DEFINED 01 5420 6530 TOWER FINANCIAL COM 891769101 648 95940 SH DEFINED 01 64849 31091 UNITED TECHNOLOGIES CP COM COM 913017109 672 10893 SH DEFINED 01 5783 5110 US BANCORP DEL COM NEW COM 902973304 370 13274 SH DEFINED 01 13274 VANGUARD INDEX FDS MID CAP VIP ETF 922908629 2444 34981 SH DEFINED 01 23007 11974 VEOLIA ENVIRONNEMENT SPONSORED COM 92334N103 267 4775 SH DEFINED 01 4775 VERIZON COMMUNICATIONS INC COM 92343V104 363 10254.01 SH DEFINED 01 10254.01 WALGREEN COMPANY COM 931422109 2135 65664 SH DEFINED 01 40299 25365 WASTE MANAGEMENT INC COM 94106L109 572 15170 SH DEFINED 01 15170 WELLS FARGO & CO NEW COM COM 949746101 2283 96158 SH DEFINED 01 64097 32061 WINDSTREAM CORPORATION COM COM 97381W104 260 21038 SH DEFINED 01 21038 XTO ENERGY INC COM COM 98385X106 1960 28619 SH DEFINED 01 16958 11661 REPORT SUMMARY 88 DATA RECORDS 128,978 1 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED