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Macatawa Bank Posts Quarterly, Yearly Revenue Figures

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HOLLAND, MI (WHTC) - Macatawa Bank officials say that net income for 2013 was at 9.5 million dollars, or 29 cents per share. That’s down from 35.4 million and $1.31 per share a year ago that they explained came from several one-time events. Quarterly profit stood at 2.2 million dollars, or 78 cents per share. Bank Chairman Richard Postma felt that the Holland Township-based financial institution is “poised for growth to produce stronger future earnings.”

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