Good Bottom Line Reported by Macatawa Bank

HOLLAND TWP., MI (WHTC) – After the markets closed today, Macatawa Bank announced quarterly results that showed net income at 3.2 million dollars during the second three months of 2015, up 17 percent from 2.8 million a year ago. Revenue growth for the Holland Township-based financial institution was eight percent to 1.1 million, while total non-reduction expenses compared with the first quarter of 2015 and the second quarter of 2014 fell. Macatawa President and CEO Ronald Haan said that customer demand for both loan and deposit products remains strong.