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Macatawa Bank Pleased with Quarterly Numbers


HOLLAND, MI (WHTC) - First quarter numbers for Macatawa Bank were promising, as the Holland-based financial institution posted net income at 2.6 million dollars, up 100 thousand from last March, and for the first time in over five years, there were cash dividends of two cents per share. Company officials say that that bottom line figures “reflected continued improvement in core operating results” and are “encouraged” by signs of stabilization.