Macatawa Bank Balance Sheet - Quarterly (NASDAQ:MCBC)

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$12.38 $0.07 (0.56%) MCBC stock closing price Jul 13, 2018 (Closing)

The Macatawa Bank balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Macatawa Bank stock analysis. A company releases its balance sheet every quarter along with its quarterly results. Macatawa Bank had a long term debt of $121.9M at the end of 2018 Q1. To understand the debt servicing capacity of the company, one needs to look at Macatawa Bank operating cash flow and Macatawa Bank revenue also. Macatawa Bank debt to equity ratio is 0.7.

View and download Macatawa Bank quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash130.85M161.46M159.88M145.26M113.74M89.81M57.75M124.93M94.6M201.47M
Marketable Securities----------
Receivables1.31B1.31B1.25B1.24B1.25B1.27B1.22B1.2B1.2B1.18B
Inventory-1.2M2.19M3.18M2.76M2.18M2.01M1.13M2.25M2.77M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
1.44B1.47B1.41B1.39B1.37B1.36B1.28B1.32B1.3B1.39B
Property Plant & Equipment-82.71M---83.54M---82.38M
Accumulated Depreciation-36.08M---33.51M---30.92M
Net Property Plant & Equipment
46.11M46.62M46.82M48.62M49.83M50.02M50.17M50.63M50.94M51.45M
Investment & Advances316.34M318.1M287.66M265.13M264.63M265.36M254.85M234.51M230.9M230.22M
Other Non-Current Assets5.22M5.76M6.66M7.09M12.07M12.25M13.11M14.06M16.16M17.57M
Deferred Charges3.98M3.78M5.99M5.86M8.33M8.86M8.4M8.42M8.54M8.81M
Intangibles----------
Deposits & Other Assets47.2M44.88M45.68M45.01M43.82M44.56M44.01M34.29M33.58M32.84M
Total Assets
1.86B1.89B1.8B1.76B1.75B1.74B1.65B1.67B1.64B1.73B
Notes Payable----------
Accounts Payable1.56B1.58B1.51B1.46B1.43B1.45B1.36B1.36B1.34B1.44B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses5.62M4.88M10.04M4.87M5.53M4.63M7.4M6.92M7.83M4.74M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
1.57B1.58B1.52B1.46B1.44B1.45B1.37B1.36B1.35B1.44B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt121.9M133.35M113.35M124.02M144.02M125.41M125.41M146.07M136.07M137.4M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
1.69B1.72B1.63B1.59B1.58B1.58B1.49B1.51B1.48B1.58B
Minority Interest----------
Preferred Stock----------
Common Stock Net217.57M217.08M217.09M216.95M216.84M216.73M216.91M216.79M216.68M216.54M
Capital Surplus----------
Retained Earnings-38.83M-42.8M-43.3M-46.49M-49.9M-53M-56.1M-59.69M-62.42M-64.91M
Treasury Stock----------
Other Liabilities-3.36M-1.29M-0.32M-0.29M-0.79M-1.48M1.43M1.35M--
Shareholders Equity175.37M172.98M173.46M170.17M166.14M162.23M162.24M158.46M155.24M151.97M
Total Liabilities & Shareholders Equity1.86B1.89B1.8B1.76B1.75B1.74B1.65B1.67B1.64B1.73B
All figures in USD. M: Millions of USD, B: Billions of USD.
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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: MCBC total assets, which was at $1.86B for 2018 Q1 is a balance sheet item representing value of what Macatawa Bank owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Macatawa Bank is $1.69B. Shareholders equity comes under liabilities as it is money the company owes the holders of MCBC stock.

Macatawa Bank Balance Sheet - Key Ratios

Current ratio
0.92
Debt to equity ratio
0.7
Asset turnover ratio
0.04
Receivables turnover
0.06
Price to book ratio
2.47