Macatawa Bank CorporationHolland, MI, United States (NASDAQ (GS): MCBC)

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Macatawa Bank Income Statement

All amounts in millions of except per share amounts.
View: Annual | Quarterly
Dec 07 Dec 06 Dec 05
Revenue 155.5 147.7 118.4
Cost of Goods Sold 59.0 53.6 32.1
Gross Profit 96.5 94.1 86.3
Gross Profit Margin 62.1% 63.7% 72.9%
SG&A Expense 62.3 49.2 42.0
Depreciation & Amortization 3.7 3.4 3.1
Operating Income 30.5 41.5 41.2
Operating Margin 19.6% 28.1% 34.8%
Nonoperating Income -- -- --
Nonoperating Expenses 17.5 12.5 10.5
Income Before Taxes 13.0 29.0 30.7
Income Taxes 3.7 9.1 9.9
Net Income After Taxes 9.3 19.8 20.9

Continuing Operations 9.3 19.8 20.9
Discontinued Operations -- -- --
Total Operations 9.3 19.8 20.9
Total Net Income 9.3 19.8 20.9
Net Profit Margin 6.0% 13.4% 17.6%

Diluted EPS from Total Net Income ($) 0.54 1.14 1.21
Dividends per Share 0.51 0.35 0.37
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