GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Macatawa Bank Corp (NAS:MCBC) » Definitions » Scaled Net Operating Assets

Macatawa Bank (Macatawa Bank) Scaled Net Operating Assets : -0.08 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Macatawa Bank Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Macatawa Bank's operating assets for the quarter that ended in Dec. 2023 was $2,207.6 Mil. Macatawa Bank's operating liabilities for the quarter that ended in Dec. 2023 was $2,431.6 Mil. Macatawa Bank's Total Assets for the quarter that ended in Sep. 2023 was $2,759.7 Mil. Therefore, Macatawa Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.08.

Macatawa Bank Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Macatawa Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(2716.382-2431.614)/2906.919
=0.10

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2748.699 - 32.317
=2716.382

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2461.614 - 30 - 0
=2431.614

Macatawa Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(2207.584-2431.614)/2759.71
=-0.08

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2748.699 - 541.115
=2207.584

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2461.614 - 30 - 0
=2431.614

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Macatawa Bank Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Macatawa Bank's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Macatawa Bank (Macatawa Bank) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Macatawa Bank Corp (NAS:MCBC) » Definitions » Scaled Net Operating Assets
Comparable Companies
RBB AMBZ MPB FRBA BWB GNTY ACNB RRBI EBTC SMBK NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
10753 Macatawa Drive, Holland, MI, USA, 49424
Website
https://www.macatawabank.com
Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company's primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.
Executives
Thomas P Rosenbach director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Nicole S Dandridge director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Timothy J. Doyle officer: Chief Commercial Banking Ofcr. 10753 MACATAWA DRIVE, HOLLAND MI 49424
Robert L Herr director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Charles A. Geenen director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Jill A Walcott officer: Senior V.P. Retail Banking 10753 MACATAWA DRIVE, HOLLAND MI 49424
Matthew D Hoeksema officer: Senior Vice President 10753 MACATAWA DRIVE, HOLLAND MI 49424
Mark Bugge director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Le Roy Michael K. director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Ronald L Haan director, officer: CEO and President 10753 MACATAWA DRIVE, HOLLAND MI 49424
Richard L Postma director 10753 MACATAWA DRIVE, HOLLAND MI 49424
White Bay Capital, Lllp 10 percent owner 3133 ORCHARD VISTA DRIVE, GRAND RAPIDS MI 49546
Wayne J. Elhart director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Arend D Lubbers director 10753 MACATAWA DRIVE, HOLLAND MI 49424
Douglas B Padnos director 10753 MACATAWA DRIVE, HOLLAND MI 49424