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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)

v3.20.1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Millions				3 Months Ended
	Apr. 05, 2020 USD ($)	Mar. 03, 2020	Mar. 15, 2019	Mar. 31, 2020 USD ($) Branch Loan	Apr. 16, 2020 USD ($)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Number of full service branch offices \| Branch				26
Recent Events [Abstract]
Reduction in overnight federal funds rate		50	100
Number of loan modifications made by other than troubled debt restructurings \| Loan				179
Loan modifications made by other than troubled debt restructurings, aggregate principal balances				$ 88.0
Extension term of interest-only period				3 months
Federal funds sold				$ 181.3
Available borrowing capacity from correspondent banks				$ 359.4
Interest-Only Modifications [Member]
Recent Events [Abstract]
Number of loan modifications made by other than troubled debt restructurings \| Loan				179
Loan modifications made by other than troubled debt restructurings, aggregate principal balances				$ 88.0
PPP Loans [Member] \| Subsequent Event [Member]
Recent Events [Abstract]
Loans originated	$ 100.0
Amount of SBA loan authorization received					$ 311.6

- Definition

Amount of financing receivable modified by other than troubled debt restructurings.

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- Definition

Number of financing receivables that have been modified by other than troubled debt restructurings.

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- Definition

Represent extension term of loan modification for interest period only in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Includes, but not limited to, weeks in a year or quarter.

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- Definition

Amount of loans originated during the period.

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- Definition

Refers to the number of full service branch offices.

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Reduction in overnight federal funds rate during the period.

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- Definition

Amount of authorization for loans received from the Small Business Administration.

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- Definition

The amount outstanding of funds lent to other depository institutions, securities brokers, or securities dealers in the form of Federal Funds sold; for example, immediately available funds lent under agreements or contracts that mature in one business day or roll over under a continuing contract, regardless of the nature of the transaction or the collateral involved, excluding overnight lending for commercial and industrial purposes. Also include Federal Funds sold under agreements to resell on a gross basis, excluding (1) sales of term Federal Funds, (2) due bills representing purchases of securities or other assets by the reporting bank that have not yet been delivered and similar instruments, (3) resale agreements that mature in more than one business day involving assets other than securities, and (4) yield maintenance dollar repurchase agreements.

+ References

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- Definition

Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).

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-Publisher FASB
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