MACATAWA BANK CORPORATION
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Macatawa Bank Corporation operates as the holding company for Macatawa Bank that provides commercial and consumer banking services in Michigan. The bank engages in generating deposits and originating loans. Its deposit products include checking, savings, money market, negotiable order of withdrawal, and time deposit accounts, as well as offers certificates of deposit. The bank's loan portfolio comprises commercial, commercial and residential real estate, real estate mortgages, and consumer loans. Macatawa Bank also originates and sells residential mortgage loans into the secondary market on a servicing released basis. In addition, it provides safe deposit boxes, travelers checks, money orders, and trust services. The bank primarily invests in the obligations of the U.S. treasury and the U.S. government agencies, state and municipal bonds, and other equity securities. The company, through its other subsidiary, provides various services, including discount brokerage, personal financial planning, and consultation regarding mutual funds and annuities. As of September 30, 2005, Macatawa Bank operated 23 branch offices and a lending and operational service facility in Kent County, Ottawa County, and northern Allegan County, Michigan. Macatawa Bank Corporation was founded in 1997 and is headquartered in Holland, Michigan.