HOLLAND

Macatawa Bank Corporation Reports First Quarter 2024 Results

Retrieved on: 
Thursday, April 25, 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.

Key Points: 
  • 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.

Macatawa Bank Corporation Declares Quarterly Dividend

Retrieved on: 
Thursday, April 25, 2024

HOLLAND, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on its common stock to be paid on May 30, 2024 to shareholders of record on May 13, 2024.

Key Points: 
  • HOLLAND, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on its common stock to be paid on May 30, 2024 to shareholders of record on May 13, 2024.
  • Macatawa has continued to produce favorable results.
  • This dividend reflects the strong financial condition and earnings performance of the Company.

ONEflight Elevates Operations with a Brand New 80,600 Square Foot State-of-the-Art Headquarters and Expansion of Florida Sales Office

Retrieved on: 
Monday, March 11, 2024

The move represents a significant milestone in the company's journey and sets the stage for unprecedented growth and expansion opportunities.

Key Points: 
  • The move represents a significant milestone in the company's journey and sets the stage for unprecedented growth and expansion opportunities.
  • The new facility, located in Englewood, CO at the Centennial Airport, boasts modern amenities and ample space to accommodate ONEflight's current and future needs.
  • With a total area of approximately 52,600 square feet consisting of offices, storage, restrooms, utility and service rooms and garages.
  • This strategic expansion into the Florida market further underscores the company's commitment to serving clients nationwide and enhancing accessibility to its premier aviation services.

Tiara Yachts Sees Sales Success at the Miami International Boat Show

Retrieved on: 
Tuesday, March 5, 2024

HOLLAND, Mich., March 05, 2024 (GLOBE NEWSWIRE) -- Tiara Yachts , a family-owned manufacturer of American-made luxury watercrafts, reported another year of positive sales today following the 2024 Miami International Boat Show (MIBS) earlier this month.

Key Points: 
  • HOLLAND, Mich., March 05, 2024 (GLOBE NEWSWIRE) -- Tiara Yachts , a family-owned manufacturer of American-made luxury watercrafts, reported another year of positive sales today following the 2024 Miami International Boat Show (MIBS) earlier this month.
  • “The energy at Miami this year was excellent,” said Sue Kane, Tiara’s Director of Sales.
  • “We look forward to MIBS every year,” said Tom Slikkers, CEO and President of Tiara Yachts.
  • Customers can next view Tiara Yachts’ vessels at the Palm Beach International Boat Show from March 21-24; Tiara’s display will be located between Ramp 7 and 8.

Tiara Yachts Celebrates 50 Years of Excellence

Retrieved on: 
Sunday, February 18, 2024

HOLLAND, Mich., Feb. 18, 2024 (GLOBE NEWSWIRE) -- Tiara Yachts , a family-owned manufacturer of American-made luxury watercrafts, is celebrating its 50th anniversary today, February 18, 2024.

Key Points: 
  • HOLLAND, Mich., Feb. 18, 2024 (GLOBE NEWSWIRE) -- Tiara Yachts , a family-owned manufacturer of American-made luxury watercrafts, is celebrating its 50th anniversary today, February 18, 2024.
  • Founded by Leon Slikkers under the parent company S2 Yachts Inc., Tiara Yachts embarked on a mission to handcraft the highest quality boats in 1974.
  • He started out by himself with his dream and a vision, and catapulted our company off into the stratosphere,” said Tom Slikkers, CEO and President of Tiara Yachts.
  • The most recent example of Tiara Yachts’ continued commitment to excellence is the all-new EX 54, which made its public debut at the 2024 Miami International Boat Show.

ReliaQuest Names Jody Keeling General Counsel and Laura Westerman Tanner Chief People Officer

Retrieved on: 
Thursday, March 7, 2024

Jody Keeling, VP and Corporate Counsel, is now General Counsel.

Key Points: 
  • Jody Keeling, VP and Corporate Counsel, is now General Counsel.
  • Laura Westerman Tanner, Director and Corporate Counsel, is now Chief People Officer, overseeing all of ReliaQuest’s people business partners and human resources functions.
  • Keeling is also responsible for ReliaQuest’s corporate governance, including ongoing support for KKR’s $300 million investment in ReliaQuest.
  • Laura Westerman Tanner joined ReliaQuest in 2019 to help advise on employment and corporate related matters.

Tiara Yachts to Debut EX 54 at the 2024 Miami International Boat Show

Retrieved on: 
Tuesday, February 6, 2024

HOLLAND, Mich., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Tiara Yachts, a family-owned manufacturer of American-made luxury watercrafts, will unveil the newest addition to its inboard, EX series, the EX 54 , at the 2024 Miami International Boat Show (MIBS), February 14-18.

Key Points: 
  • HOLLAND, Mich., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Tiara Yachts, a family-owned manufacturer of American-made luxury watercrafts, will unveil the newest addition to its inboard, EX series, the EX 54 , at the 2024 Miami International Boat Show (MIBS), February 14-18.
  • Previously announced in December, the EX 54 embodies the same flexible luxury evident in the flagship EX 60 and marks the second addition to the company’s EX Series product portfolio.
  • “We are very excited to debut the EX 54 at the 2024 Miami International Boat Show,” said Tom Slikkers, CEO and President of Tiara Yachts.
  • The 2024 Miami Boat Show culminates on Tiara Yachts’ 50th Anniversary (Sunday, February 18th), another important milestone for the company.

Macatawa Bank Corporation Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, January 25, 2024

Deposit service charge income, including treasury management fees, was down $25,000 in fourth quarter 2023 compared to third quarter 2023 and was down $41,000 from fourth quarter 2022.

Key Points: 
  • Deposit service charge income, including treasury management fees, was down $25,000 in fourth quarter 2023 compared to third quarter 2023 and was down $41,000 from fourth quarter 2022.
  • Brokerage income was up $55,000 in fourth quarter 2023 compared to third quarter 2023 and was down $233,000 compared to fourth quarter 2022 as the Company had an unusually high level of sales in the fourth quarter 2022.
  • Trust fees were down $54,000 in fourth quarter 2023 compared to third quarter 2023 and were up $65,000 compared to fourth quarter 2022, due largely to changes in underlying trust asset valuations.
  • Income from debit and credit cards was down $59,000 in fourth quarter 2023 compared to third quarter 2023 and was down $68,000 compared to fourth quarter 2022 due primarily to customer usage behavior.

Macatawa Bank Corporation Declares Quarterly Dividend

Retrieved on: 
Thursday, January 25, 2024

HOLLAND, Mich., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on its common stock to be paid on February 28, 2024 to shareholders of record on February 13, 2024.

Key Points: 
  • HOLLAND, Mich., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq: MCBC) (the "Company" or "Macatawa") today announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on its common stock to be paid on February 28, 2024 to shareholders of record on February 13, 2024.
  • Macatawa has continued to produce favorable results.
  • This dividend reflects the strong financial condition and earnings performance of the Company.

Calibre Scientific Acquires RUWAG, a Swiss Provider of Diagnostics and Life Sciences Products and Services

Retrieved on: 
Monday, January 22, 2024

LOS ANGELES, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Calibre Scientific is pleased to announce the acquisition of RUWAG Handels AG (“RUWAG” or the “Company”), a provider of diagnostics and life sciences products and services, selling to hospitals, private labs, universities and pharmaceutical companies in Switzerland.

Key Points: 
  • LOS ANGELES, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Calibre Scientific is pleased to announce the acquisition of RUWAG Handels AG (“RUWAG” or the “Company”), a provider of diagnostics and life sciences products and services, selling to hospitals, private labs, universities and pharmaceutical companies in Switzerland.
  • This strategic acquisition highlights Calibre Scientific's dedication to broadening its range of products and services for customers within the DACH region.
  • The Company also provides life sciences products including transfection, cells, media, test kits, gene expression systems and endotoxin testing.
  • The RUWAG acquisition strengthens Calibre Scientific’s growing platform in Switzerland, a dynamic market for diagnostics and life sciences products given its prominent pharmaceutical industry.