Macatawa Bank Corporation Reports First Quarter 2024 Results
HOLLAND, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the first quarter 2024.
- HOLLAND, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (NASDAQ: MCBC), the holding company for Macatawa Bank (collectively, the “Company”), today announced its results for the first quarter 2024.
- Deposit service charge income, including treasury management fees, was down $33,000 in first quarter 2024 compared to fourth quarter 2023 and was up $9,000 from first quarter 2023.
- Brokerage income was down $17,000 in first quarter 2024 compared to fourth quarter 2023 and was up $33,000 compared to first quarter 2023.
- The Company originated $402,000 in mortgage loans for sale in first quarter 2024 compared to $1.2 million in fourth quarter 2023 and $179,000 in first quarter 2023.