Macatawa Bank Balance Sheet - Quarterly (NASDAQ:MCBC)

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$12.09 $0.06 (0.5%) MCBC stock closing price Sep 20, 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 $106.91M at the end of 2018 Q2. 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 0.6.

View and download Macatawa Bank quarterly results to get the balance sheet details for the latest 40 quarters data.
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Marketable Securities----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
Property Plant & Equipment--82.71M---83.54M---
Accumulated Depreciation--36.08M---33.51M---
Net Property Plant & Equipment
Investment & Advances309.9M316.34M318.1M287.66M265.13M264.63M265.36M254.85M234.51M230.9M
Other Non-Current Assets3.87M5.22M5.76M6.66M7.09M12.07M12.25M13.11M14.06M16.16M
Deferred Charges3.96M3.98M3.78M5.99M5.86M8.33M8.86M8.4M8.42M8.54M
Deposits & Other Assets48.25M47.2M44.88M45.68M45.01M43.82M44.56M44.01M34.29M33.58M
Total Assets
Notes Payable----------
Accounts Payable1.58B1.56B1.58B1.51B1.46B1.43B1.45B1.36B1.36B1.34B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses5.46M5.62M4.88M10.04M4.87M5.53M4.63M7.4M6.92M7.83M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt106.91M121.9M133.35M113.35M124.02M144.02M125.41M125.41M146.07M136.07M
Non-Current Capital Leases----------
Other Long-Term Liabilities----------
Total Liabilities
Minority Interest----------
Preferred Stock----------
Common Stock Net217.68M217.57M217.08M217.09M216.95M216.84M216.73M216.91M216.79M216.68M
Capital Surplus----------
Retained Earnings-34.15M-38.83M-42.8M-43.3M-46.49M-49.9M-53M-56.1M-59.69M-62.42M
Treasury Stock----------
Other Liabilities-3.81M-3.36M-1.29M-0.32M-0.29M-0.79M-1.48M1.43M1.35M-
Shareholders Equity179.71M175.37M172.98M173.46M170.17M166.14M162.23M162.24M158.46M155.24M
Total Liabilities & Shareholders Equity1.87B1.86B1.89B1.8B1.76B1.75B1.74B1.65B1.67B1.64B
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 $1.87B for 2018 Q2 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
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio