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

Note 12 - Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2024

																To Be Well
						Minimum					Minimum Capital					Capitalized Under
						Capital					Adequacy With					Prompt Corrective
	Actual					Adequacy					Capital Buffer					Action Regulations
	Amount		Ratio			Amount		Ratio			Amount		Ratio			Amount		Ratio
March 31, 2024
CET1 capital (to risk weighted assets)
Consolidated	$	316,892		18.2	%	$	78,541		4.5	%	$	122,174		7.0	%		N/A		N/A
Bank		308,429		17.7			78,538		4.5			122,170		7.0		$	113,443		6.5	%
Tier 1 capital (to risk weighted assets)
Consolidated		316,892		18.2			104,721		6.0			148,354		8.5			N/A		N/A
Bank		308,429		17.7			104,717		6.0			148,349		8.5			139,622		8.0
Total capital (to risk weighted assets)
Consolidated		334,332		19.2			139,628		8.0			183,261		10.5			N/A		N/A
Bank		325,869		18.7			139,622		8.0			183,254		10.5			174,528		10.0
Tier 1 capital (to average assets)
Consolidated		316,892		11.8			107,121		4.0			N/A		N/A			N/A		N/A
Bank		308,429		11.5			107,116		4.0			N/A		N/A			133,895		5.0

December 31, 2023
CET1 capital (to risk weighted assets)
Consolidated	$	310,015		17.7	%	$	78,836		4.5	%	$	122,634		7.0	%		N/A		N/A
Bank		300,943		17.2			78,825		4.5			122,617		7.0		$	113,859		6.5	%
Tier 1 capital (to risk weighted assets)
Consolidated		310,015		17.7			105,115		6.0			148,913		8.5			N/A		N/A
Bank		300,943		17.2			105,100		6.0			148,892		8.5			140,134		8.0
Total capital (to risk weighted assets)
Consolidated		327,457		18.7			140,153		8.0			183,951		10.5			N/A		N/A
Bank		318,385		18.2			140,134		8.0			183,925		10.5			175,167		10.0
Tier 1 capital (to average assets)
Consolidated		310,015		11.4			109,284		4.0			N/A		N/A			N/A		N/A
Bank		300,943		11.0			109,283		4.0			N/A		N/A			136,604		5.0