Macatawa Bank
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Macatawa Bank generated cash of $43,520,000, which is more than the previous year. Cash used in financing activities reached the amount of -$210,840,000 last year. Net change in cash is therefore -$304,818,000.
Cash Flow
| 2014 | 16.61M | -95.80M | 51.75M |
|---|---|---|---|
| 2015 | 14.00M | -95.30M | 133.32M |
| 2016 | 16.92M | -105.34M | -3.24M |
| 2017 | 22.77M | -83.15M | 132.02M |
| 2018 | 29.63M | -77.19M | 57.38M |
| 2019 | 29.72M | 25.12M | 46.32M |
| 2020 | 30.57M | -63.61M | 544.32M |
| 2021 | 35.92M | 69.40M | 262.72M |
| 2022 | 34.8M | -402.48M | -28.93M |
| 2023 | 43.52M | -137.49M | -210.84M |
MCBC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 755.17M | 1.15B | 783.73M | 272.45M | 171.28M | 161.46M | 89.81M | 181.47M | 129.45M | 156.89M |
Operating activities | ||||||||||
Net income | 43.22M | 34.73M | 29.01M | 30.16M | 31.97M | 26.37M | 16.29M | 15.95M | 12.79M | 10.47M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.1M | 1.55M | 2.72M | 2.62M | 2.21M | 2.56M | 2.28M | 2.80M | 2.96M | 3.13M |
Stock-based compensation expense | 820K | 703K | 684K | 505K | 427K | 452K | 465K | 536K | 478K | 338K |
| Deferred income tax benefit | 820K | 703K | 684K | 505K | 427K | 452K | 465K | 536K | 478K | 338K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.68M | -6.05M | 3.64M | -7.78M | -2.03M | -1.84M | 59K | -1.58M | -1.32M | 1.55M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 43.52M | 34.8M | 35.92M | 30.57M | 29.72M | 29.63M | 22.77M | 16.92M | 14.00M | 16.61M |
Investing activities | ||||||||||
Purchases Of Investments | -38.86M | -452.13M | -347.08M | -168.23M | -78.88M | -42.01M | -104.64M | -122.86M | -96.35M | -69.10M |
Investments In Property Plant And Equipment | -439K | -796K | -993K | -2.27M | -1.04M | -1.28M | -1.19M | -1.18M | -1.17M | -1.76M |
Acquisitions Net | -162.92M | 0 | 320.86M | -46.49M | 21.14M | -85.81M | -36.88M | -61.98M | -80.35M | -74.52M |
Cash generated by investing activities | -137.49M | -402.48M | 69.40M | -63.61M | 25.12M | -77.19M | -83.15M | -105.34M | -95.30M | -95.80M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 118.25M | 68K | 23.21M | 139.18M | 0 |
Payments for dividends | -11.28M | -10.91M | -10.89M | -10.88M | -9.51M | -8.48M | -6.08M | -4.04M | -3.70M | -2.68M |
Repurchases of common stock | -143K | -207K | -130K | -86K | -101K | -136K | -183K | -269K | -171K | -169K |
Repayments of term debt | 0 | 0 | -30.61M | -10M | 0 | -52.11M | 0 | -21.99M | 0 | -1.88M |
Cash used in financing activities | -210.84M | -28.93M | 262.72M | 544.32M | 46.32M | 57.38M | 132.02M | -3.24M | 133.32M | 51.75M |
Net Change In Cash | -304.81M | -396.61M | 368.05M | 511.28M | 101.16M | 9.81M | 71.64M | -91.65M | 52.02M | -27.43M |
Cash at end of period | 450.35M | 755.17M | 1.15B | 783.73M | 272.45M | 171.28M | 161.46M | 89.81M | 181.47M | 129.45M |
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