Macatawa Bank Corporation Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2018

Actual capital levels (dollars in thousands) and minimum required levels were as follows at year-end:

	Actual					Minimum Capital Adequacy					Minimum Capital Adequacy With Capital Buffer					To Be Well Capitalized Under Prompt Corrective Action Regulations
	Amount		Ratio			Amount		Ratio			Amount		Ratio			Amount		Ratio
December 31, 2018
CET1 capital (to risk weighted assets)
Consolidated	$	193,131		12.0	%	$	72,381		4.5	%	$	102,540		6.4	%				N/A
Bank		226,531		14.1			72,371		4.5			102,526		6.4		$	104,536		6.5	%
Tier 1 capital (to risk weighted assets)
Consolidated		233,131		14.5			96,508		6.0			126,667		7.9					N/A
Bank		226,531		14.1			96,495		6.0			126,649		7.9			128,660		8.0
Total capital (to risk weighted assets)
Consolidated		250,007		15.5			128,678		8.0			158,837		9.9					N/A
Bank		243,407		15.1			128,660		8.0			158,814		9.9			160,825		10.0
Tier 1 capital (to average assets)
Consolidated		233,131		12.1			76,963		4.0			N/A		N/A			N/A		N/A
Bank		226,531		11.8			76,902		4.0			N/A		N/A			96,128		5.0

December 31, 2017
CET1 capital (to risk weighted assets)
Consolidated	$	174,258		11.3	%	$	69,326		4.5	%	$	88,583		5.8	%		N/A		N/A
Bank		208,356		13.5			69,257		4.5			88,495		5.8		$	100,038		6.5	%
Tier 1 capital (to risk weighted assets)
Consolidated		214,258		13.9			92,435		6.0			111,692		7.3			N/A		N/A
Bank		208,356		13.5			92,343		6.0			111,581		7.3			123,124		8.0
Total capital (to risk weighted assets)
Consolidated		230,858		15.0			123,246		8.0			142,504		9.3			N/A		N/A
Bank		224,956		14.6			123,124		8.0			142,362		9.3			153,905		10.0
Tier 1 capital (to average assets)
Consolidated		214,258		11.9			72,138		4.0			N/A		N/A			N/A		N/A
Bank		208,356		11.6			72,076		4.0			N/A		N/A			90,095		5.0