HOLLAND, Mich. (AP) _ Macatawa Bank Corp. (MCBC) on Thursday reported first-quarter profit of $4.5 million.
The bank, based in Holland, Michigan, said it had earnings of 13 cents per share.
The holding company for Macatawa Bank posted revenue of $18.1 million in the period. Its adjusted revenue was $16.8 million.
Macatawa shares have dropped almost 3 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.11, an increase of 47 percent in the last 12 months.
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
Keywords: Macatawa Bank, Earnings Report