What is Macatawa Bank Average Interest Earning Assets (USD Mil)?
Average Interest Earning Assets (USD Mil) is the average of the beginning and ending balances of interest earning assets. Earning Assets are income-producing investments owned by a company without any significant effort on its owners.
Macatawa Bank's Average Interest Earning Assets (USD Mil) for the quarter that ended in Dec. 2023 was 2,587.70
, which is lower than
2,630.89 for the pervious quarter ended in Sep. 2023.
Macatawa Bank's Average Interest Earning Assets (USD Mil) for the annual that ended in Dec. 2023 was 2,596.52
, which is lower than
2,743.14 for the pervious year ended in Dec. 2022.
The historical rank and industry rank for Macatawa Bank's Average Interest Earning Assets (USD Mil) or its related term are showing as below:
MCBC's Average Interest Earning Assets (USD Mil) is not ranked *
in the Banks industry.
Industry Median: * Ranked among companies with meaningful Average Interest Earning Assets (USD Mil) only.
Macatawa Bank Average Interest Earning Assets (USD Mil) Historical Data
The historical data trend for Macatawa Bank's Average Interest Earning Assets (USD Mil) can be seen below:
* 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.
* Premium members only.
Macatawa Bank Average Interest Earning Assets (USD Mil) Chart
Competitive Comparison of Macatawa Bank's Average Interest Earning Assets (USD Mil)
For the Banks - Regional subindustry, Macatawa Bank's Average Interest Earning Assets (USD Mil), along with its competitors' market caps and Average Interest Earning Assets (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Macatawa Bank (NAS:MCBC) Average Interest Earning Assets (USD Mil) Explanation
Earning assets are assets that can generate income directly, such as stocks that pay dividends, bonds that pay interest, real estate properties that generate rental income, copyright and other interest or dividend earning accounts or instruments.
Average Earning Assets are commonly used as a denominator when calculating net interest margin. This ratio can help investors determine whether or not to invest in a financial company by providing visibility into the profitability of their interest income versus their interest expenses.
Macatawa Bank Average Interest Earning Assets (USD Mil) Related Terms
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Macatawa Bank (Macatawa Bank) Business Description
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.
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