Exhibit 99.1
 

For Immediate Release
NASDAQ Stock Market:
MCBC

Macatawa Bank Corporation Reports
First Quarter 2017 Results

HOLLAND, Mich. (April 27, 2017) – Macatawa Bank Corporation (NASDAQ: MCBC) today announced its results for the first quarter of 2017, reflecting continued strong financial performance.

●
Net income of $4.5 million in first quarter 2017, up 28% from $3.5 million in first quarter 2016
●
Increased revenue on reduced expenses
●
Net interest income up $845,000 for first quarter 2017 compared to first quarter 2016
●
Net interest margin up 17 basis points from first quarter 2016
●
Noninterest expense down $663,000, or 6%, in first quarter 2017 compared to first quarter 2016
●
Strong commercial loan production volume of $60.4 million – up from $54.7 million in first quarter 2016
●
Past due loans remained at very low levels - only 0.07% of total loans at end of first quarter 2017
●
Favorable loan collection results – nine consecutive quarters of net recoveries

Macatawa reported net income of $4.5 million, or $0.13 per diluted share, in the first quarter 2017 compared to $3.5 million, or $0.10 per diluted share, in the first quarter 2016.

"We are pleased to report strong performance for the first quarter of 2017,” said Ronald L. Haan, President and CEO of the Company.  “Revenue growth, including higher net interest income, along with lower operating expenses and continued strong asset quality resulted in a 28 percent increase in net income compared to the first quarter of 2016.  Net interest income and other noninterest income, on a combined basis, increased by $468,000 over the prior year while noninterest expenses declined by $663,000.  Asset quality remained strong and we have now achieved nine consecutive quarters of net recoveries.  We continue to execute on our strategy to drive profitable growth.”

Mr. Haan concluded:  "We are encouraged by the improvement in net interest income, which has benefitted from growth in average loan portfolio balances as well as the recent increases in short term rates by the Federal Reserve.  We remain well positioned to benefit from future rate increases.  As we look to the remainder of 2017, we intend to continue to drive quality loan portfolio growth, increase revenue and manage expenses.”
 
Macatawa Bank Corporation 1Q Results / page 2 of 5

Operating Results
Net interest income for the first quarter 2017 totaled $12.6 million, an increase of $291,000 from the fourth quarter 2016 and an increase of $845,000 from the first quarter 2016.  Net interest margin was 3.26 percent, up 9 basis points from the fourth quarter 2016, and up 17 basis points from the first quarter 2016.  Net interest income for the first quarter 2017 benefitted from a payoff of a loan that had been on nonaccrual, resulting in recognition of $267,000 in interest income that had been deferred.

Average interest earning assets for the first quarter 2017 increased $13.5 million from the fourth quarter 2016 and were up $40.6 million from the first quarter 2016.

Non-interest income decreased $625,000 in the first quarter 2017 compared to the fourth quarter 2016 and decreased $377,000 from the first quarter 2016.  These fluctuations were primarily driven by gains on sales of mortgage loans.  The increase in rates in the fourth quarter of 2016 as well as seasonality of residential mortgage lending contributed to the decrease in activity.  Gains on sales of mortgage loans in the first quarter 2017 were down $361,000 compared to the fourth quarter 2016 and down $59,000 from the first quarter 2016.  The Bank originated $17.0 million in loans for sale in the first quarter 2017 compared to $27.3 million in loans for sale in the fourth quarter 2016 and $18.9 million in loans for sale in the first quarter 2016.  Also contributing to non-interest income in the first quarter of 2016 was a higher level of earnings from bank owned life insurance due to receipt of a death benefit payout in the quarter.

Non-interest expense was $10.9 million for the first quarter 2017, compared to $11.5 million for the fourth quarter 2016 and $11.6 million for the first quarter 2016.  The largest fluctuations in non-interest expense related to salaries and benefit expenses and  costs associated with the administration and disposition of problem loans and non-performing assets.  Salaries and benefit expenses were down $346,000 compared to the fourth quarter 2016 and were down $188,000 compared to the first quarter 2016.  These costs were down partially due to lower medical benefit expenses from lower actual claims experienced and less variable based compensation due to lower mortgage production and brokerage volume.  Nonperforming asset expenses decreased $5,000 compared to the fourth quarter 2016 and decreased $316,000 compared to the first quarter 2016 due to continued reductions in the level of foreclosed properties.  Other categories of non-interest expense were relatively flat compared to the fourth quarter 2016 and the first quarter 2016.

Federal income tax expense was $2.0 million for the first quarter 2017 compared to $1.8 million for the fourth quarter 2016 and $1.4 million for the first quarter 2016.  The effective tax rate was 30.6% for the first quarter 2017, compared to 30.5% for the fourth quarter 2016 and 28.6% for the first quarter 2016.  The lower effective tax rate in the first quarter 2016 was due to the elevated level of earnings on bank owned life insurance during the quarter due to the payment of a death benefit.
 
Macatawa Bank Corporation 1Q Results / page 3 of 5

Asset Quality
As a result of the consistent improvements in nonperforming loans and past due loans over the past several quarters, the reduction in historical loan loss ratios, and net loan recoveries experienced in the first quarter 2017, a negative provision for loan losses of $500,000 was recorded in the first quarter 2017.  Net loan recoveries for the first quarter 2017 were $234,000, compared to fourth quarter 2016 net loan recoveries of $364,000 and first quarter 2016 net loan recoveries of $148,000.  The Company has experienced net loan recoveries in each of the past nine quarters, and in fourteen of the past fifteen quarters. Total loans past due on payments by 30 days or more amounted to $915,000 at March 31, 2017, down 37 percent from $1.4 million at December 31, 2016 and up 15 percent from $796,000 at March 31, 2016.  Delinquency as a percentage of total loans was 0.07 percent at March 31, 2017.

The allowance for loan losses of $16.7 million was 1.32 percent of total loans at March 31, 2017, compared to 1.32 percent of total loans at December 31, 2016, and 1.41 percent at March 31, 2016.  The coverage ratio of allowance for loan losses to nonperforming loans continued to be strong and significantly exceeded 1-to-1 coverage at 4,163.34 percent as of March 31, 2017, compared to 5,564.00 percent at December 31, 2016, and 4,011.48 percent at March 31, 2016.

At March 31, 2017, the Company's nonperforming loans had declined to $401,000, representing 0.03 percent of total loans.  This compares to $300,000 (0.02 percent of total loans) at December 31, 2016 and $427,000 (0.04 percent of total loans) at March 31, 2016.  Other real estate owned and repossessed assets were $12.1 million at March 31, 2017, compared to $12.3 million at December 31, 2016 and $16.2 million at March 31, 2016. Total nonperforming assets, including other real estate owned and nonperforming loans, have decreased by $4.1 million, or 25.0 percent, from March 31, 2016 to March 31, 2017.

A break-down of non-performing loans is shown in the table below.

Dollars in 000s
  
Mar 31,
2017
    
Dec 31,
2016
    
Sept 30,
2016
    
Jun 30,
2016
    
Mar 31,
2016
  
                               
Commercial Real Estate
  
$
252
    
$
183
    
$
192
    
$
291
    
$
312
  
Commercial and Industrial
    
127
      
36
      
9
      
26
      
79
  
Total Commercial Loans
    
379
      
219
      
201
      
317
      
391
  
Residential Mortgage Loans
    
2
      
58
      
2
      
2
      
2
  
Consumer Loans
    
20
      
23
      
30
      
31
      
34
  
Total Non-Performing Loans
  
$
401
    
$
300
    
$
233
    
$
350
    
$
427
  

Total non-performing assets were $12.5 million, or 0.71 percent of total assets, at March 31, 2017.  A break-down of non-performing assets is shown in the table below.

Dollars in 000s
  
Mar 31,
2017
    
Dec 31,
2016
    
Sept 30,
2016
    
Jun30,
2017
    
Mar 31,
2016
  
                               
Non-Performing Loans
  
$
401
    
$
300
    
$
233
    
$
350
    
$
427
  
Other Repossessed Assets
    
---
      
---
      
---
      
---
      
---
  
Other Real Estate Owned
    
12,074
      
12,253
      
13,110
      
14,066
      
16,162
  
Total Non-Performing Assets
  
$
12,475
    
$
12,553
    
$
13,343
    
$
14,416
    
$
16,589
  
 
Macatawa Bank Corporation 1Q Results / page 4 of 5

Balance Sheet, Liquidity and Capital
Total assets were $1.75 billion at March 31, 2017, an increase of $7.8 million from $1.74 billion at December 31, 2016 and an increase of $108.9 million from $1.64 billion at March 31, 2016.  Year end assets typically increase due to year end seasonal inflow of business and municipal deposits.   Total loans were $1.27 billion at March 31, 2017, a decrease of $14.7 million from $1.28 billion at December 31, 2016 and an increase of $50.0 million from $1.22 billion at March 31, 2016.

Commercial loans increased by $56.8 million from March 31, 2016 to March 31, 2017, partially offset by a decrease of $6.8 million in our residential mortgage and consumer loan portfolios.  Commercial real estate loans decreased by $7.9 million while commercial and industrial loans increased by $64.7 million during the same period.

While total loans decreased during the first quarter of 2017, commercial loan production volume was strong and increased from production volume in the first quarter of 2016.  The following table shows a breakout of our commercial loan activity:

Dollars in 000s
  
1st Qtr
2017
    
4th Qtr
2016
    
3rd Qtr
2016
    
2nd Qtr
2016
    
1st Qtr
2016
  
                               
Commerical loans originated
  
$
60,356
    
$
78,398
    
$
61,112
    
$
34,892
    
$
54,673
  
Repayments of commercial loans
    
(58,600
)
    
(40,768
)
    
(35,869
)
    
(21,389
)
    
(43,347
)
Change in undist.–available credit
    
(6,960
)
    
6,523
      
3,494
      
164
      
8,045
  
Net change in commercial loans
  
$
(5,204
)
  
$
44,153
    
$
28,737
    
$
13,667
    
$
19,371
  

The composition of the commercial loan portfolio is shown in the table below:

Dollars in 000s
  
Mar 31,
2017
    
Dec 31,
2016
    
Sept 30,
2016
    
Jun 30,
2016
    
Mar 31,
2016
  
                               
Construction and Development
  
$
78,910
    
$
79,596
    
$
76,077
    
$
74,339
    
$
73,621
  
Other Commercial Real Estate
    
429,898
      
438,385
      
423,991
      
439,036
      
443,095
  
Commercial Loans Secured by Real Estate
    
508,808
      
517,981
      
500,068
      
513,375
      
516,716
  
Commercial and Industrial
    
453,311
      
449,342
      
423,102
      
381,058
      
388,625
  
Total Commercial Loans
  
$
962,119
    
$
967,323
    
$
923,170
    
$
894,433
    
$
905,341
  
                                         
Residential Developer Loans (a)
  
$
24,662
    
$
26,003
    
$
26,890
    
$
29,771
    
$
28,521
  

(a)
Represents the amount of loans to residential developers secured by single family residential property which is included in commercial loans secured by real estate.

Total deposits were $1.43 billion at March 31, 2017, down $15.6 million from $1.45 billion at December 31, 2016 and were up $92.3 million, or 6.9 percent, from $1.34 billion at March 31, 2016.  The decrease in total deposits from December 31, 2016 was primarily in demand deposits and money market deposits for municipal and business customers deploying their seasonal increase of year-end deposits in the first quarter of 2017.  The Bank continues to be successful at attracting and retaining core deposit customers.  Customer deposit accounts remain insured to the highest levels available under FDIC deposit insurance.
 
Macatawa Bank Corporation 1Q Results / page 5 of 5

The Bank's risk-based regulatory capital ratios were higher at March 31, 2017 compared to March 31, 2016 and December 31, 2016 due to earnings growth, and continue to be at levels comfortably above those required to be categorized as “well capitalized” under applicable regulatory capital guidelines.  As such, the Bank was categorized as "well capitalized" at March 31, 2017.

About Macatawa Bank
Headquartered in Holland, Mich., Macatawa Bank offers a full range of banking, retail and commercial lending, wealth management and ecommerce services to individuals, businesses and governmental entities from a network of 26 full-service branches located throughout communities in Kent, Ottawa and northern Allegan counties.  The bank is recognized for its local management team and decision making, along with providing customers excellent service, a rewarding experience and superior financial products. Macatawa Bank has been recognized for the past five consecutive years as “West Michigan’s 101 Best and Brightest Companies to Work For”. For more information, visit www.macatawabank.com.

 
CAUTIONARY STATEMENT:  This press release contains forward-looking statements that are based on management's current beliefs, expectations, assumptions, estimates, plans and intentions.  Forward-looking statements are identifiable by words or phrases such as "believe," "expect," "may," "should," "will," ”intend,” "continue," "improving," "additional," "focus," "forward," "future," "efforts," "strategy," "momentum," "positioned," and other similar words or phrases.  Such statements are based upon current beliefs and expectations and involve substantial risks and uncertainties which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.  These statements include, among others, statements related to trends in our key operating metrics and financial performance, future levels of earnings and profitability, future levels of earning assets, future asset quality, future growth, and future net interest margin.  All statements with references to future time periods are forward-looking.  Management's determination of the provision and allowance for loan losses, the appropriate carrying value of intangible assets (including deferred tax assets) and other real estate owned and the fair value of investment securities (including whether any impairment on any investment security is temporary or other-than-temporary and the amount of any impairment) involves judgments that are inherently forward-looking. Our ability to sell other real estate owned at its carrying value or at all, reduce non-performing asset expenses, utilize our deferred tax asset, successfully implement new programs and initiatives, increase efficiencies, maintain our current level of deposits and other sources of funding, maintain liquidity, respond to declines in collateral values and credit quality, improve profitability, and produce consistent core earnings is not entirely within our control and is not assured.  The future effect of changes in the real estate, financial and credit markets and the national and regional economy on the banking industry, generally, and Macatawa Bank Corporation, specifically, are also inherently uncertain.  These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions ("risk factors") that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence.  Therefore, actual results and outcomes may materially differ from what may be expressed in or implied by such forward-looking statements. Macatawa Bank Corporation does not undertake to update forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.
 
Risk factors include, but are not limited to, the risk factors described in "Item 1A - Risk Factors" of our Annual Report on Form 10-K for the year ended December 31, 2016.  These and other factors are representative of the risk factors that may emerge and could cause a difference between an ultimate actual outcome and a preceding forward-looking statement.
  
 
MACATAWA BANK CORPORATION
CONSOLIDATED FINANCIAL SUMMARY
(Unaudited)
(Dollars in thousands except per share information)

 
EARNINGS SUMMARY
   
1st Qtr
2017
      
4th Qtr
2016
      
1st Qtr
2016
   
Total interest income
  
$
13,848
    
$
13,496
    
$
13,008
  
Total interest expense
    
1,265
      
1,204
      
1,270
  
Net interest income
    
12,583
      
12,292
      
11,738
  
Provision for loan losses
    
(500
)
    
(250
)
    
(100
)
Net interest income after provision for loan losses
    
13,083
      
12,542
      
11,838
  
                         
NON-INTEREST INCOME
                        
Deposit service charges
    
1,060
      
1,113
      
1,047
  
Net gains on mortgage loans
    
428
      
789
      
487
  
Trust fees
    
778
      
810
      
708
  
Other
    
1,965
      
2,144
      
2,366
  
Total non-interest income
    
4,231
      
4,856
      
4,608
  
                         
NON-INTEREST EXPENSE
                        
Salaries and benefits
    
5,999
      
6,345
      
6,187
  
Occupancy
    
1,026
      
1,005
      
982
  
Furniture and equipment
    
732
      
780
      
865
  
FDIC assessment
    
136
      
140
      
251
  
Problem asset costs, including losses
    
95
      
100
      
411
  
Other
    
2,900
      
3,118
      
2,855
  
Total non-interest expense
    
10,888
      
11,488
      
11,551
  
Income before income tax
    
6,426
      
5,910
      
4,895
  
Income tax expense
    
1,966
      
1,802
      
1,400
  
Net income
  
$
4,460
    
$
4,108
    
$
3,495
  
                         
Basic earnings per common share
  
$
0.13
    
$
0.12
    
$
0.10
  
Diluted earnings per common share
  
$
0.13
    
$
0.12
    
$
0.10
  
Return on average assets
    
1.05
%
    
0.97
%
    
0.84
%
Return on average equity
    
10.86
%
    
10.08
%
    
9.06
%
Net interest margin (fully taxable equivalent)
    
3.26
%
    
3.17
%
    
3.09
%
Efficiency ratio
    
64.76
%
    
66.99
%
    
70.67
%
 
BALANCE SHEET DATA
Assets
   
March 31
2017
      
December 31
2016
      
March 31
2016
  
 
Cash and due from banks
  
$
30,631
    
$
27,690
    
$
22,499
  
Federal funds sold and other short-term investments
    
83,118
      
62,129
      
72,104
  
Securities available for sale
    
184,605
      
184,433
      
168,041
  
Securities held to maturity
    
68,473
      
69,378
      
51,303
  
Federal Home Loan Bank Stock
    
11,558
      
11,558
      
11,558
  
Loans held for sale
    
2,767
      
2,181
      
2,259
  
Total loans
    
1,266,128
      
1,280,812
      
1,216,184
  
Less allowance for loan loss
    
16,696
      
16,962
      
17,129
  
Net loans
    
1,249,432
      
1,263,850
      
1,199,055
  
Premises and equipment, net
    
49,832
      
50,026
      
50,944
  
Bank-owned life insurance
    
39,524
      
39,274
      
28,784
  
Other real estate owned
    
12,074
      
12,253
      
16,162
  
Other assets
    
16,839
      
18,241
      
17,276
  
                         
Total Assets
  
$
1,748,853
    
$
1,741,013
    
$
1,639,985
  
                         
Liabilities and Shareholders' Equity
                        
Noninterest-bearing deposits
  
$
466,415
    
$
501,478
    
$
424,356
  
Interest-bearing deposits
    
966,731
      
947,246
      
916,478
  
Total deposits
    
1,433,146
      
1,448,724
      
1,340,834
  
Other borrowed funds
    
102,785
      
84,173
      
94,840
  
Long-term debt
    
41,238
      
41,238
      
41,238
  
Other liabilities
    
5,539
      
4,639
      
7,832
  
Total Liabilities
    
1,582,708
      
1,578,774
      
1,484,744
  
                         
Shareholders' equity
    
166,145
      
162,239
      
155,241
  
                         
Total Liabilities and Shareholders' Equity
  
$
1,748,853
    
$
1,741,013
    
$
1,639,985
  
 
MACATAWA BANK CORPORATION
SELECTED CONSOLIDATED FINANCIAL DATA
(Unaudited)
(Dollars in thousands except per share information)

   
Quarterly
  
                               
     
1st Qtr
2017
      
4th Qtr
2016
      
3rd Qtr
2016
      
2nd Qtr
2016
      
1st Qtr
2016
   
EARNINGS SUMMARY
                              
Net interest income
  
$
12,583
    
$
12,292
    
$
11,902
    
$
11,608
    
$
11,738
  
Provision for loan losses
    
(500
)
    
(250
)
    
(250
)
    
(750
)
    
(100
)
Total non-interest income
    
4,231
      
4,856
      
5,075
      
4,536
      
4,608
  
Total non-interest expense
    
10,888
      
11,488
      
11,273
      
11,470
      
11,551
  
Federal income tax expense
    
1,966
      
1,802
      
1,350
      
1,679
      
1,400
  
Net income
  
$
4,460
    
$
4,108
    
$
4,604
    
$
3,745
    
$
3,495
  
                                         
Basic earnings per common share
  
$
0.13
    
$
0.12
    
$
0.14
    
$
0.11
    
$
0.10
  
Diluted earnings per common share
  
$
0.13
    
$
0.12
    
$
0.14
    
$
0.11
    
$
0.10
  
                                         
MARKET DATA
                                        
Book value per common share
  
$
4.89
    
$
4.78
    
$
4.78
    
$
4.67
    
$
4.58
  
Tangible book value per common share
  
$
4.89
    
$
4.78
    
$
4.78
    
$
4.67
    
$
4.58
  
Market value per common share
  
$
9.88
    
$
10.41
    
$
7.99
    
$
7.42
    
$
6.25
  
Average basic common shares
    
33,941,010
      
33,920,535
      
33,921,599
      
33,922,506
      
33,925,113
  
Average diluted common shares
    
33,948,584
      
33,923,371
      
33,921,599
      
33,922,506
      
33,925,113
  
Period end common shares
    
33,944,788
      
33,940,788
      
33,920,740
      
33,922,289
      
33,925,113
  
                                         
PERFORMANCE RATIOS
                                        
Return on average assets
    
1.05
%
    
0.97
%
    
1.10
%
    
0.91
%
    
0.84
%
Return on average equity
    
10.86
%
    
10.08
%
    
11.50
%
    
9.56
%
    
9.06
%
Net interest margin (fully taxable equivalent)
    
3.26
%
    
3.17
%
    
3.08
%
    
3.08
%
    
3.09
%
Efficiency ratio
    
64.76
%
    
66.99
%
    
66.40
%
    
71.05
%
    
70.67
%
Full-time equivalent employees (period end)
    
338
      
342
      
337
      
343
      
338
  
                                         
ASSET QUALITY
                                        
Gross charge-offs
  
$
26
    
$
47
    
$
46
    
$
36
    
$
76
  
Net charge-offs
  
$
(234
)
  
$
(364
)
  
$
(138
)
  
$
(580
)
  
$
(148
)
Net charge-offs to average loans (annualized)
    
-0.07
%
    
-0.12
%
    
-0.05
%
    
-0.19
%
    
-0.05
%
Nonperforming loans
  
$
401
    
$
300
    
$
233
    
$
350
    
$
427
  
Other real estate and repossessed assets
  
$
12,074
    
$
12,253
    
$
13,110
    
$
14,066
    
$
16,162
  
Nonperforming loans to total loans
    
0.03
%
    
0.02
%
    
0.02
%
    
0.03
%
    
0.04
%
Nonperforming assets to total assets
    
0.71
%
    
0.72
%
    
0.81
%
    
0.87
%
    
1.01
%
Allowance for loan losses
  
$
16,696
    
$
16,962
    
$
16,847
    
$
16,959
    
$
17,129
  
Allowance for loan losses to total loans
    
1.32
%
    
1.32
%
    
1.36
%
    
1.40
%
    
1.41
%
Allowance for loan losses to nonperforming loans
    
4163.34
%
    
5654.00
%
    
7230.47
%
    
4845.43
%
    
4011.48
%
                                         
CAPITAL
                                        
Average equity to average assets
    
9.63
%
    
9.62
%
    
9.53
%
    
9.47
%
    
9.27
%
Common equity tier 1 to risk weighted assets (Consolidated)
    
11.28
%
    
11.03
%
    
11.30
%
    
11.14
%
    
10.95
%
Tier 1 capital to average assets (Consolidated)
    
12.11
%
    
12.01
%
    
11.97
%
    
11.93
%
    
11.69
%
Total capital to risk-weighted assets (Consolidated)
    
15.12
%
    
14.88
%
    
15.30
%
    
15.18
%
    
15.01
%
Common equity tier 1 to risk weighted assets (Bank)
    
13.60
%
    
13.35
%
    
13.71
%
    
13.59
%
    
13.41
%
Tier 1 capital to average assets (Bank)
    
11.79
%
    
11.69
%
    
11.64
%
    
11.61
%
    
11.38
%
Total capital to risk-weighted assets (Bank)
    
14.73
%
    
14.49
%
    
14.90
%
    
14.80
%
    
14.63
%
Tangible common equity to assets
    
9.51
%
    
9.33
%
    
9.82
%
    
9.52
%
    
9.47
%
                                         
END OF PERIOD BALANCES
                                        
Total portfolio loans
  
$
1,266,128
    
$
1,280,812
    
$
1,236,395
    
$
1,211,844
    
$
1,216,184
  
Earning assets
    
1,617,331
      
1,612,533
      
1,514,797
      
1,539,877
      
1,518,752
  
Total assets
    
1,748,853
      
1,741,013
      
1,653,686
      
1,666,547
      
1,639,985
  
Deposits
    
1,433,146
      
1,448,724
      
1,358,627
      
1,355,078
      
1,340,834
  
Total shareholders' equity
    
166,145
      
162,239
      
162,245
      
158,462
      
155,241
  
                                         
AVERAGE BALANCES
                                        
Total portfolio loans
  
$
1,264,835
    
$
1,245,093
    
$
1,215,953
    
$
1,212,836
    
$
1,202,682
  
Earning assets
    
1,579,758
      
1,566,238
      
1,555,550
      
1,531,535
      
1,539,166
  
Total assets
    
1,706,643
      
1,696,007
      
1,680,097
      
1,654,325
      
1,663,590
  
Deposits
    
1,397,596
      
1,401,186
      
1,377,462
      
1,346,703
      
1,365,881
  
Total shareholders' equity
    
164,317
      
163,092
      
160,196
      
156,664
      
154,244