Macatawa Bank (MCBC) - Total debt

Total debt on the balance sheet as of March 2024 : $20 Million USD

According to Macatawa Bank's latest financial reports the company's total debt is $20 Million USD. A company’s total debt is the sum of all current and non-current debts.

Macatawa Bank - Total debt on balance sheet (from 2000 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	$30 M	0%
2022-12-31	$30 M	-64.71%
2021-12-31	$85 M	-6.2%
2020-12-31	$90.61 M	12.4%
2019-12-31	$80.61 M	-20.37%
2018-12-31	$0.10 B	-24.08%
2017-12-31	$0.13 B	6.34%
2016-12-31	$0.12 B	-8.73%
2015-12-31	$0.13 B	6.23%
2014-12-31	$0.12 B	-1.44%
2013-12-31	$0.13 B	-2.58%
2012-12-31	$0.13 B	-29.65%
2011-12-31	$0.19 B	-16.1%
2010-12-31	$0.22 B	-28.88%
2009-12-31	$0.32 B	-1.57%
2008-12-31	$0.32 B	-17.52%
2007-12-31	$0.39 B	69.47%
2006-12-31	$0.23 B	25.14%
2005-12-31	$0.18 B	12.82%
2004-12-31	$0.16 B	-0.07%
2003-12-31	$0.16 B	47.84%
2002-12-31	$0.11 B	47.85%
2001-12-31	$75.63 M	37.52%
2000-12-31	$55 M	83.33%
1999-12-31	$30 M	1400%
1998-12-31	$2 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Independent Bank (Michigan) IBCP	$79.34 M	296.73%	🇺🇸 USA
Mercantile Bank MBWM	$0.55 B	2,682.35%	🇺🇸 USA
First Busey BUSE	$0.31 B	1,468.53%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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