MACATAWA BANK CORP Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Macatawa Bank Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Macatawa Bank Corp Income Tax Expense (Benefit) for the quarter ending March 31, 2024 was $2.35M, a 21% decline year-over-year.
  • Macatawa Bank Corp Income Tax Expense (Benefit) for the twelve months ending March 31, 2024 was $9.9M, a 0.2% decline year-over-year.
  • Macatawa Bank Corp annual Income Tax Expense (Benefit) for 2023 was $10.5M, a 26.3% increase from 2022.
  • Macatawa Bank Corp annual Income Tax Expense (Benefit) for 2022 was $8.33M, a 24.2% increase from 2021.
  • Macatawa Bank Corp annual Income Tax Expense (Benefit) for 2021 was $6.71M, a 1.31% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $10.5M +$2.19M +26.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-15
2022 $8.33M +$1.62M +24.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-15
2021 $6.71M +$87K +1.31% Jan 1, 2021 Dec 31, 2021 10-K 2023-02-16
2020 $6.62M -$839K -11.2% Jan 1, 2020 Dec 31, 2020 10-K 2022-02-17
2019 $7.46M +$1.49M +25% Jan 1, 2019 Dec 31, 2019 10-K 2021-02-18
2018 $5.97M -$4.76M -44.4% Jan 1, 2018 Dec 31, 2018 10-K 2020-02-20
2017 $10.7M +$4.5M +72.3% Jan 1, 2017 Dec 31, 2017 10-K 2019-02-14
2016 $6.23M +$605K +10.8% Jan 1, 2016 Dec 31, 2016 10-K 2018-02-15
2015 $5.63M +$1.05M +23% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-15
2014 $4.57M +$303K +7.1% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-16
2013 $4.27M +$22.9M Jan 1, 2013 Dec 31, 2013 10-K 2016-02-18
2012 -$18.6M -$18.6M Jan 1, 2012 Dec 31, 2012 10-K 2015-02-19
2011 $0 -$1.3M -100% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-20
2010 $1.3M Jan 1, 2010 Dec 31, 2010 10-K 2012-03-07
* An asterisk sign (*) next to the value indicates that the value is likely invalid.