HOLLAND, Mich. (AP) _ Macatawa Bank Corp. (MCBC) on Thursday reported fourth-quarter profit of $12.1 million.
The Holland, Michigan-based bank said it had earnings of 35 cents per share.
The holding company for Macatawa Bank posted revenue of $30.5 million in the period. Its revenue net of interest expense was $27.9 million, beating Street forecasts.
For the year, the company reported profit of $34.7 million, or $1.01 per share. Revenue was reported as $90.2 million.
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