HOLLAND, Mich. (AP) _ Macatawa Bank Corp. (MCBC) on Thursday reported second-quarter profit of $8 million.
The Holland, Michigan-based bank said it had earnings of 24 cents per share.
The holding company for Macatawa Bank posted revenue of $24.3 million in the period. Its revenue net of interest expense was $21.1 million, which topped Street forecasts.
Macatawa shares have climbed 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.92, a decline of 20% in the last 12 months.