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

Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited)

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) (USD $) In Thousands, unless otherwise specified	Common Stock [Member]	Retained Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2013	$ 216,263	$ (81,786)	$ (1,955)	$ 132,522us-gaap_StockholdersEquity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		2,639		2,639us-gaap_NetIncomeLoss
Common stock issuance costs	(102)			(102)us-gaap_PaymentsOfStockIssuanceCosts
Cash dividends at $.02 per share		(677)		(677)us-gaap_DividendsCommonStockCash
Net change in unrealized gain (loss) on securities available for sale, net of tax			737	737
Stock compensation expense	69			69
Balance at Mar. 31, 2014	216,230	(79,824)	(1,218)	135,188us-gaap_StockholdersEquity
Balance at Dec. 31, 2014	216,460	(74,002)	61	142,519us-gaap_StockholdersEquity
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		2,840		2,840us-gaap_NetIncomeLoss
Common stock issuance costs				0us-gaap_PaymentsOfStockIssuanceCosts
Cash dividends at $.02 per share		(677)		(677)us-gaap_DividendsCommonStockCash
Net change in unrealized gain (loss) on securities available for sale, net of tax			778	778
Stock compensation expense	121			121
Balance at Mar. 31, 2015	$ 216,581	$ (71,839)	$ 839	$ 145,581us-gaap_StockholdersEquity

- Definition

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

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- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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- Definition

Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.

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