Macatawa Bank (Macatawa Bank) Short-Term Debt & Capital Lease Obligation : $0.0 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Macatawa Bank Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Macatawa Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Macatawa Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30.0 Mil.

Macatawa Bank Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Macatawa Bank's Short-Term Debt & Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Macatawa Bank Short-Term Debt & Capital Lease Obligation Chart

Macatawa Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Debt & Capital Lease Obligation

Get a 7-Day Free Trial

Macatawa Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Macatawa Bank Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Macatawa Bank Short-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Macatawa Bank's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Macatawa Bank (Macatawa Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Macatawa Bank Corp (NAS:MCBC) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

10753 Macatawa Drive, Holland, MI, USA, 49424

Website

https://www.macatawabank.com

Macatawa Bank Corp is the United states based holding company of Macatawa Bank. The Bank operates in twenty-six branch offices and a lending and operational service facility, providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It also provides a range of loan products to business customers, including commercial and industrial and commercial real estate loans, and to retail customers, including residential mortgage and consumer loans. In addition, other services provided by the company includes internet banking, debit cards services and brokerage services. The Company's primary sources of revenue are derived from interest and dividends earned on loans, securities and other financial instruments.

Executives

Thomas P Rosenbach	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Nicole S Dandridge	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Timothy J. Doyle	officer: Chief Commercial Banking Ofcr.	10753 MACATAWA DRIVE, HOLLAND MI 49424
Robert L Herr	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Charles A. Geenen	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Jill A Walcott	officer: Senior V.P. Retail Banking	10753 MACATAWA DRIVE, HOLLAND MI 49424
Matthew D Hoeksema	officer: Senior Vice President	10753 MACATAWA DRIVE, HOLLAND MI 49424
Mark Bugge	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Le Roy Michael K.	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Ronald L Haan	director, officer: CEO and President	10753 MACATAWA DRIVE, HOLLAND MI 49424
Richard L Postma	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
White Bay Capital, Lllp	10 percent owner	3133 ORCHARD VISTA DRIVE, GRAND RAPIDS MI 49546
Wayne J. Elhart	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Arend D Lubbers	director	10753 MACATAWA DRIVE, HOLLAND MI 49424
Douglas B Padnos	director	10753 MACATAWA DRIVE, HOLLAND MI 49424