Black Ink on Macatawa Bank's Bottom Line

(Holland, MI - WHTC News) - Holland-based Macatawa Bank had its bottom line written in black ink for the first time in almost two years. Yesterday’s quarterly report showed net income of 1.7 million dollars, or 10 cents per share, which is a far cry from the 31.3 million-dollar, dollar-82 per-share loss of a year ago. Bank officials cautioned that more tough times may be ahead, and that efforts to regain shareholder and customer confidence must continue.

-Gary Stevens, WHTC/WYVN News