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Macatawa: 1Q Earnings Snapshot

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HOLLAND, Mich. (AP) _ Macatawa Bank Corp. (MCBC) on Thursday reported first-quarter net income of $7.6 million.

The Holland, Michigan-based bank said it had earnings of 22 cents per share.

The holding company for Macatawa Bank posted revenue of $23.5 million in the period. Its revenue net of interest expense was $20.3 million, exceeding Street forecasts.

Macatawa shares have climbed almost 6 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.18, a fall of nearly 4 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCBC at https://www.zacks.com/ap/MCBC