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Macatawa Bank Corporation (MCBC)


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Macatawa Bank Corporation

10753 Macatawa Drive
Holland, MI 49424
United States
616-820-1444
http://www.macatawabank.com

SectorFinancial
IndustryRegional - Midwest Banks
Full Time Employees338

Key Executives

NameTitlePayExercisedAge
Mr. Ronald L. HaanChief Exec. Officer, Pres, Director, Chairman, Chief Exec. Officer & Pres of Macatawa Bank434.16kN/A63
Mr. Jon W. SwetsCFO, Sr. VP, Sec., Chief Financial Officer of Macatawa Bank and Sr. VP of Macatawa Bank256.01kN/A51
Mr. Craig A. HankinsonChief Operating Officer and Chief Operating Officer of Macatawa Bank245.16kN/A49
Ms. Jill A. WalcottSr. VP, Chief Retail Banking Officer of Macatawa Bank and Sr. VP of Macatawa Bank219.42kN/A50
Mr. Matthew D. HoeksemaSr. VP, Chief Commercial Banking Officer of Macatawa Bank and Sr. VP of Macatawa Bank220.47kN/A45
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Macatawa Bank Corporation operates as the bank holding company for Macatawa Bank that provides commercial and personal banking services primarily in Western Michigan. The company’s deposit products include checking accounts, savings accounts and time deposits, transaction accounts, regular and money market savings accounts, and certificates of deposit. Its loan products portfolio comprises commercial and industrial loans offered to finance operations and equipment; commercial real estate loans primarily comprising construction and development loans, and multi-family and other non-residential real estate loans; retail loans that primarily consist of residential mortgage loans; and consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. The company also offers cash management services, safe deposit boxes, trust services, ATMs, Internet and banking services, and debit cards, as well as various brokerage services, including discount brokerage, personal financial planning, and consultation regarding mutual funds. It serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities through 26 branch offices, as well as a lending and operation service facility in Ottawa County, Kent County, and northern Allegan County, Michigan. The company was founded in 1997 and is headquartered in Holland, Michigan.

Corporate Governance

Macatawa Bank Corporation’s ISS Governance QualityScore as of May 1, 2017 is 6. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 7; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.