Macatawa Bank
Macatawa Bank reported total assets of $3.7 bn at Q2 2026, up 5.9% on a year earlier, the 348th largest of 497 banks in our US coverage. The CET1 capital ratio at Macatawa Bank was 11.37%, and the uninsured share of Macatawa Bank was 37.25%. Source: FDIC Call Reports.
Key takeaways
- On common equity tier 1 (CET1) ratio, Macatawa Bank slipped from 102nd to 386th among 448 US banks between and (1 = highest; FDIC Call Reports).
- Macatawa Bank reports one of the lowest efficiency ratio readings among banks of $1 bn to $10 bn: 32.36% at , where the median of the 339 banks is 56.87% (FDIC Call Reports).
- The noncurrent loans to total loans of Macatawa Bank, 0.08% at , places Macatawa Bank in the bottom tenth of banks of $1 bn to $10 bn (group median 0.58%; FDIC Call Reports).
What sets Macatawa Bank apart
- Over the year to , the net loans and leases of Macatawa Bank rose by 55.1% to $2.8 bn, a bigger rise than at 98% of covered banks.
How large is Macatawa Bank?
The balance sheet of Macatawa Bank at : assets $3.7 bn, deposits $3.1 bn, net loans $2.8 bn (loans equal to 91.16% of deposits). Securities make up 9.6% of total assets at Macatawa Bank. Since , when Macatawa Bank held $1.6 bn, its assets grew 125.2%. In the year to , deposits at Macatawa Bank rose 4.9% while its total assets rose 5.9%. At , Macatawa Bank employed 183 full-time equivalent staff across 28 offices, about $20.2 mn of assets per employee and $109.6 mn of deposits per office.
How much funding at Macatawa Bank is uninsured?
At Macatawa Bank, uninsured deposits (above the FDIC limit) made up 37.25% of domestic deposits at (-2.59 pp on a year earlier); Macatawa Bank ranks 225th of 500 on this measure. In dollars, Macatawa Bank estimated $1.1 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.1 bn | +4.9% | 351st of 499 |
| Net loans and leases | $2.8 bn | +55.1% | 331st of 500 |
| Loan-to-deposit ratio | 91.16% | +29.52 pp | 171st of 500 |
| Tier 1 leverage ratio | 10.74% | +0.52 pp | 204th of 500 |
| Total risk-based capital ratio | 12.14% | -4.46 pp | 404th of 448 |
| Net interest margin | 4.31% | +0.10 pp | 84th of 500 |
| Return on assets (ROA) | 1.77% | +0.75 pp | 85th of 500 |
| Efficiency ratio | 32.36% | -8.28 pp | 25th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $4.2 mn | Turned from a gain into a loss | |
| Noncurrent loans to total loans | 0.08% | -0.08 pp | 27th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.04% | +0.02 pp | 181st of 500 (1 = lowest) |
US rank of Macatawa Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Macatawa Bank: assets, deposits and loans
- Total assets $3.7bn
- Deposits $3.1bn
- Net loans $2.8bn
Capital and securities
The CET1 ratio of Macatawa Bank stood at 11.37% in , -4.20 pp year on year. Low and high at Macatawa Bank since : 11.37% () to 18.04% (). Equity capital of Macatawa Bank at : $556.9 mn, or 15.1% of total assets. Macatawa Bank also reported a total capital ratio of 12.14% for , and a tier 1 leverage ratio of 10.74%.
The available-for-sale portfolio of Macatawa Bank showed an unrealized loss of $4.2 mn at ; the loss turned from a gain into a loss over the year.
Macatawa Bank: capital ratios
- Total capital 12%
- CET1 11%
- Tier 1 leverage 11%
Macatawa Bank: unrealized securities gains and losses
- Available for sale -$4mn
- Held to maturity $0
Profitability and loan quality
For the year to , Macatawa Bank earned a return on equity of 11.42%; return on assets: 1.77%. Net interest margin at Macatawa Bank: 4.31%, +0.10 pp in a year. Macatawa Bank net income: $31.9 mn, up 85.8% year on year. The efficiency ratio of Macatawa Bank was 32.36%: about 32 cents cost per revenue dollar, against 54 cents at the median peer.
At , noncurrent loans were 0.08% of total loans at Macatawa Bank; net charge-offs: 0.04% of average loans. Gross loans and leases at Macatawa Bank: $2.8 bn, up 54.3% in a year.
Macatawa Bank: profitability
- Return on equity 11%
- Net interest margin 4.3%
- Return on assets 1.8%
Peer group of Macatawa Bank
The peer group of Macatawa Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Macatawa Bank (national bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Michigan. Against them, Macatawa Bank shows CET1 ratio 11.37% against a peer median of 11.83%, return on equity 11.42% against a peer median of 12.82% and uninsured deposit share 37.25% against a peer median of 30.66%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Bank of the Sierra | State nonmember bank | CA | $3.7 bn | not reported | 11.30% | 27.86% | |
| ENCORE BANK | State member bank | AR | $3.7 bn | 11.83% | 4.49% | 39.81% | |
| D. L. Evans Bank | State nonmember bank | ID | $3.7 bn | not reported | 14.79% | 30.15% | |
| Macatawa Bank | National bank | MI | $3.7 bn | 11.37% | 11.42% | 37.25% | |
| St. Charles Bank & Trust Company | National bank | IL | $3.7 bn | 11.07% | 14.34% | 31.17% | |
| Cornerstone Capital Bank, SSB | State-chartered stock savings bank | TX | $3.7 bn | not reported | 1.00% | 25.72% | |
| Frandsen Bank & Trust | State member bank | MN | $3.7 bn | 13.89% | 15.71% | 31.80% | |
. FDIC Call Reports.
Last eight quarters
Two years at Macatawa Bank, to : assets +19.6%, deposits +20.6%, equity +11.6%. Staff 292 to 183; offices 29 to 28.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.1 bn | $3.3 bn | $3.3 bn | $3.5 bn | $3.5 bn | $3.7 bn | $3.5 bn | $3.7 bn |
| Total deposits | $2.5 bn | $2.7 bn | $2.8 bn | $2.9 bn | $2.9 bn | $3.1 bn | $2.9 bn | $3.1 bn |
| Bank equity capital | $499.2 mn | $513.9 mn | $523.9 mn | $531.7 mn | $546.8 mn | $563.0 mn | $558.2 mn | $556.9 mn |
| CET1 ratio | 14.56% | 15.51% | 16.18% | 15.57% | 12.02% | 11.80% | 12.05% | 11.37% |
| Return on equity (ROE) | 0.59% | 4.35% | 7.63% | 6.57% | 8.10% | 8.96% | 12.63% | 11.42% |
| Uninsured share of domestic deposits | 42.20% | 42.23% | 40.02% | 39.85% | 39.61% | 38.71% | 35.70% | 37.25% |
| Full-time equivalent employees | 292 | 262 | 202 | 179 | 172 | 177 | 176 | 183 |
| Number of offices | 29 | 29 | 29 | 29 | 29 | 28 | 28 | 28 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Macatawa Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Macatawa Bank?
Macatawa Bank reported $3.7 bn at in its Call Report. That makes Macatawa Bank the 348th largest of 497 banks in our US coverage.
Is Macatawa Bank the same as its holding company?
No. This page covers Macatawa Bank, FDIC certificate 34618; WINTRUST FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Macatawa Bank profitable?
Macatawa Bank reported net income of $31.9 mn for the year to ; annualized return on equity: 11.42%. So yes: Macatawa Bank made a profit over these months.
When is data for Macatawa Bank next updated?
Figures from Macatawa Bank for are due after .
Where can I check the figures for Macatawa Bank?
In the FDIC BankFind Suite record for certificate 34618, and in the Call Reports of Macatawa Bank (RSSD ID 2634351) at the FFIEC Central Data Repository.