HOLLAND, Mich. (AP) — HOLLAND, Mich. (AP) — Macatawa Bank Corp. (MCBC) on Thursday reported net income of $12 million in its first quarter.
The bank, based in Holland, Michigan, said it had earnings of 35 cents per share.
The holding company for Macatawa Bank posted revenue of $31.8 million in the period. Its revenue net of interest expense was $27.1 million, topping Street forecasts.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCBC at https://www.zacks.com/ap/MCBC
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.