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

Annual report pursuant to Section 13 and 15(d)

EARNINGS PER COMMON SHARE (Details)

EARNINGS PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of numerators and denominators of basic and diluted earnings per common share [Abstract]
Net income	$ 6,216	$ 7,202	$ 7,818	$ 7,778	$ 8,997	$ 7,120	$ 7,638	$ 6,411	$ 29,014	$ 30,165
Weighted average shares outstanding, including participating stock awards - Basic (in shares)									34,202,179	34,120,275
Dilutive potential common shares [Abstract]
Stock options (in shares)									0	0
Weighted average shares outstanding - Diluted (in shares)									34,202,179	34,120,275
Basic earnings per common share (in dollars per share)	$ 0.18	$ 0.21	$ 0.23	$ 0.23	$ 0.26	$ 0.21	$ 0.22	$ 0.19	$ 0.85	$ 0.88
Diluted earnings per common share (in dollars per share)	$ 0.18	$ 0.21	$ 0.23	$ 0.23	$ 0.26	$ 0.21	$ 0.22	$ 0.19	$ 0.85	$ 0.88

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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