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Macatawa: 3Q Earnings Snapshot

HOLLAND, Mich. (AP) _ Macatawa Bank Corp. (MCBC) on Thursday reported third-quarter net income of $6.9 million.

The bank, based in Holland, Michigan, said it had earnings of 20 cents per share.

The holding company for Macatawa Bank posted revenue of $22.2 million in the period. Its revenue net of interest expense was $19.7 million, which topped Street forecasts.

Macatawa shares have climbed 12 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.15, a rise of nearly 9 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