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

Annual report pursuant to Section 13 and 15(d)

QUARTERLY FINANCIAL DATA (Unaudited)

QUARTERLY FINANCIAL DATA (Unaudited)

12 Months Ended

Dec. 31, 2011

QUARTERLY FINANCIAL DATA (Unaudited) [Abstract]

QUARTERLY FINANCIAL DATA (Unaudited)

NOTE 19 - QUARTERLY FINANCIAL DATA (Unaudited)

(Dollars in thousands except per share data)

	Interest Income		Net Interest Income		Provision for Loan Losses			Net Income/ (Loss) (1)			Earnings (Loss) Per Common Share
											Basic			Fully Diluted
2011
First quarter	$	15,853	$	11,598	$	(1,450	)	$	1,291		$	.07		$	.07
Second quarter		15,490		11,782		(2,000	)		2,401			.13			.13
Third quarter		14,900		11,501		(1,250	)		1,052			.04			.04
Fourth quarter		14,537		11,419		---			1,085			.04			.04

2010
First quarter	$	20,938	$	13,028	$	19,710		$	(21,140	)	$	(1.19	)	$	(1.19	)
Second quarter		19,537		12,818		1,800			1,748			.10			.10
Third quarter		18,444		12,437		550			703			.04			.04
Fourth quarter		17,084		12,284		400			835			.05			.05

(1)	Net income for the second quarter of 2010 includes a $2.7 million gain on sale of investment securities.

Net income for the fourth quarter of 2010 includes a $574,000 gain on the sale of a property owned by the Bank.

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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