Thurs Jan 9th, the US Stock Markets will be closed in observance of a national day of mourning for former President Jimmy Carter. Read the press release here. Regular trading hours will resume tomorrow.
Macatawa Bank Corp (MCBC)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-1998 | 12-1997 | |
| Assets | ||
| Cash & Cash Equivalents | 17,950 | 7,830 |
| PPE Net | 7,120 | N/A |
| Other assets | 164,150 | 2,890 |
| Total Assets | $189,220 | $10,720 |
| Liabilities | ||
| Accounts payable and accrued liabilities | 166,980 | 5,420 |
| Long Term Debt | 2,000 | N/A |
| Other liabilities | 630 | -2,670 |
| Total Liabilities | $169,610 | $2,750 |
| Shareholders' Equity | ||
| Common Shares | 22,260 | 8,130 |
| Retained earnings | -2,650 | -160 |
| TOTAL | $19,610 | $7,970 |
| Total Liabilities And Equity | $189,220 | $10,720 |