Macatawa Bank, N.A.: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Total interest expense rose 3.7% from Q1 2026 to Q2 2026, ending at $12.8M against $12.3M. It was the largest change among the key lines on this page. Macatawa Bank, N.A. ranks 30th of 72 Michigan banks on net interest margin, in the upper half at 4.27% (Q2 2026). The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Macatawa Bank, N.A. sits 0.56 points higher, at 4.27% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 5.89% |
| Yield on loans | 6.06% |
| Yield on securities | 4.98% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 1.73% |
| Cost of interest-bearing deposits | 2.19% |
| Cost of interest-bearing liabilities | 2.22% |
| Cost of borrowings | 3.74% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.27% |
| Yield to cost spread | 3.67% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $41.2M |
| Total interest expense | $12.8M |
| Interest expense on deposits | $12.6M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.54% | 1.00% | 3.40% | 5.67% | 2.46% |
| Q4 2023 | 4.60% | 1.12% | 3.34% | 5.75% | 2.49% |
| Q1 2024 | 4.60% | 1.17% | 3.29% | 5.75% | 2.49% |
| Q2 2024 | 4.69% | 1.16% | 3.39% | 5.77% | 2.52% |
| Q3 2024 | 4.58% | -1.65% | 3.63% | 5.27% | 3.41% |
| Q4 2024 | 6.42% | 1.53% | 4.94% | 7.49% | 5.85% |
| Q1 2025 | 5.81% | 1.61% | 4.27% | 6.70% | 5.59% |
| Q2 2025 | 5.80% | 1.72% | 4.18% | 6.69% | 5.37% |
| Q3 2025 | 6.15% | 1.69% | 4.56% | 6.83% | 5.33% |
| Q4 2025 | 6.18% | 1.69% | 4.59% | 6.43% | 5.09% |
| Q1 2026 | 5.83% | 1.68% | 4.24% | 6.01% | 4.99% |
| Q2 2026 | 5.89% | 1.73% | 4.27% | 6.06% | 4.98% |
Macatawa Bank, N.A. yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Macatawa Bank, N.A., freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Macatawa Bank, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 34618) · FFIEC NIC profile (RSSD 2634351)