MACATAWA BANK CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Macatawa Bank Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Macatawa Bank Corp Interest Expense for the quarter ending March 31, 2024 was $8.35M, a 79.6% increase year-over-year.
  • Macatawa Bank Corp Interest Expense for the twelve months ending March 31, 2024 was $30.1M, a 237% increase year-over-year.
  • Macatawa Bank Corp annual Interest Expense for 2023 was $26.4M, a 454% increase from 2022.
  • Macatawa Bank Corp annual Interest Expense for 2022 was $4.76M, a 85.6% increase from 2021.
  • Macatawa Bank Corp annual Interest Expense for 2021 was $2.57M, a 54.9% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $26.4M +$21.6M +454% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-15
2022 $4.76M +$2.2M +85.6% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-15
2021 $2.57M -$3.12M -54.9% Jan 1, 2021 Dec 31, 2021 10-K 2023-02-16
2020 $5.69M -$6.77M -54.3% Jan 1, 2020 Dec 31, 2020 10-K 2022-02-17
2019 $12.5M +$3.04M +32.3% Jan 1, 2019 Dec 31, 2019 10-K 2021-02-18
2018 $9.41M +$3.68M +64.2% Jan 1, 2018 Dec 31, 2018 10-K 2020-02-20
2017 $5.73M +$773K +15.6% Jan 1, 2017 Dec 31, 2017 10-K 2019-02-14
2016 $4.96M -$347K -6.54% Jan 1, 2016 Dec 31, 2016 10-K 2018-02-15
2015 $5.31M -$290K -5.18% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-15
2014 $5.6M -$1.74M -23.7% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-16
2013 $7.34M -$2.48M -25.2% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-18
2012 $9.81M -$4.67M -32.2% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-19
2011 $14.5M -$11M -43.1% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-20
2010 $25.4M 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.