Macatawa Bank Balance Sheet - Annual (NASDAQ:MCBC)

Add to My Stocks
$9.44 $0.15 (1.56%) MCBC stock closing price Dec 02, 2016 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Macatawa Bank, and helps in stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Macatawa Bank stock analysis. A company releases its balance sheet every quarter along with its quarterly results. The Macatawa Bank balance sheet for 2015 shows total assets of $1.73B. Macatawa Bank revenue was $67.17M and Macatawa Bank operating cash flow was $14M for the same year. View latest and last 10 year balance sheet data to check Macatawa Bank financial performance..

show more
Annual
Quarterly
View Previous Years
View Next Years
Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash201.47M149.45M181.89M226.35M243.04M236.12M78.74M68.28M49.81M39.88M
Marketable Securities----------
Receivables1.18B1.1B1.02B1.03B1.04B1.17B1.46B1.74B1.73B1.7B
Inventory2.77M2.34M1.91M8.13M1.02M2.53M0.64M2.26M3.12M1.54M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Macatawa Bank Total Current Assets
1.39B1.25B1.21B1.27B1.29B1.41B1.54B1.81B1.78B1.74B
Property Plant & Equipment82.38M81.21M82.95M81.43M80.92M82.93M84.77M84.05M--
Accumulated Depreciation30.92M28.31M29.31M27.86M25.56M25.95M23.76M20.57M--
Macatawa Bank Net Property Plant & Equipment
51.45M52.89M53.64M53.57M55.35M56.98M61.01M63.48M64.56M60.73M
Investment & Advances230.22M204.69M170.14M139.03M66.28M21.13M141.77M198.79M215.69M213.53M
Other Non-Current Assets17.57M28.24M36.79M51.58M66.43M57.98M37.18M19.51M--
Deferred Charges8.81M12.26M16.2M18.78M------
Intangibles------0.59M0.87M28.94M25.47M
Deposits & Other Assets32.84M31.02M32M31.23M32.59M29.87M47.55M52.61M40.61M34.22M
Macatawa Bank Total Assets
1.73B1.58B1.52B1.56B1.51B1.58B1.83B2.15B2.13B2.07B
Notes Payable--------46.46M11.99M
Accounts Payable1.44B1.31B1.25B1.29B1.22B1.28B1.42B1.67B1.52B1.67B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses4.74M5.65M3.92M9.24M6.46M5.57M4.93M8.37M4.03M5.16M
Income Taxes Payable----------
Other Current Liabilities----------
Macatawa Bank Total Current Liabilities
1.44B1.31B1.25B1.3B1.22B1.28B1.42B1.67B1.57B1.68B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt137.4M129.34M131.22M134.71M191.49M228.22M320.91M326.02M395.29M233.25M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Macatawa Bank Total Liabilities
1.58B1.44B1.38B1.43B1.41B1.51B1.74B2B1.97B1.92B
Minority Interest----------
Preferred Stock---33.16M33.16M33.16M33.16M30.63M--
Common Stock Net216.54M216.46M216.26M187.71M187.7M167.32M167.18M164.32M163.52M153.72M
Capital Surplus----------
Retained Earnings-64.91M-74M-81.78M-91.33M-126.82M-132.65M-114.8M-48.28M-4.2M4.84M
Treasury Stock----------
Other Liabilities0.34M0.06M-1.95M0.96M0.37M0.01M2.44M2.53M1.31M-1.71M
Macatawa Bank Shareholders Equity
151.97M142.51M132.52M130.5M94.42M67.84M87.99M149.21M160.62M156.84M
Macatawa Bank Total Liabilities & Shareholders Equity
1.73B1.58B1.52B1.56B1.51B1.58B1.83B2.15B2.13B2.07B
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Balance sheet for another ticker

Most investors just check the Macatawa Bank stock price, and Macatawa Bank historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Macatawa Bank PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Macatawa Bank owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for MCBC stock as of year is $1.73B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Macatawa Bank for 2015 total to $1.58B. Liabilities for a company like Macatawa Bank include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.
.

Macatawa Bank Balance Sheet - Key Ratios

Current ratio
0.94
Debt to Equity ratio
0.77
Asset Turnover
ratio
0.04
receivables turnover
ratio
0.06
PB ratio (
price to book ratio
)
2.0590