MACATAWA BANK CORP Quarterly Interest Expense in USD from Q2 2010 to Q1 2024

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 Q2 2010 to Q1 2024.
  • 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, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $30.1M $8.35M +$3.7M +79.6% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-25
Q4 2023 $26.4M $8.2M +$5.61M +217% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-15
Q3 2023 $20.8M $7.54M +$6.44M +583% Jul 1, 2023 Sep 30, 2023 10-Q 2023-10-26
Q2 2023 $14.3M $5.97M +$5.38M +909% Apr 1, 2023 Jun 30, 2023 10-Q 2023-07-27
Q1 2023 $8.93M $4.65M +$4.17M +873% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-25
Q4 2022 $4.76M $2.59M +$2.08M +409% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-15
Q3 2022 $2.68M $1.1M +$558K +102% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-26
Q2 2022 $2.12M $592K -$135K -18.6% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-27
Q1 2022 $2.26M $478K -$306K -39% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-27
Q4 2021 $2.57M $508K -$380K -42.8% Oct 1, 2021 Dec 31, 2021 10-K 2023-02-16
Q3 2021 $2.95M $546K -$602K -52.4% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-27
Q2 2021 $3.55M $727K -$733K -50.2% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-28
Q1 2021 $4.28M $784K -$1.41M -64.2% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-28
Q4 2020 $5.69M $888K -$1.87M -67.8% Oct 1, 2020 Dec 31, 2020 10-K 2022-02-17
Q3 2020 $7.56M $1.15M -$2.1M -64.6% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-28
Q2 2020 $9.65M $1.46M -$1.82M -55.5% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-22
Q1 2020 $11.5M $2.19M -$978K -30.9% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-22
Q4 2019 $12.5M $2.76M -$107K -3.73% Oct 1, 2019 Dec 31, 2019 10-K 2021-02-18
Q3 2019 $12.6M $3.24M +$718K +28.4% Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-22
Q2 2019 $11.8M $3.28M +$1.1M +50.4% Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-23
Q1 2019 $10.7M $3.17M +$1.33M +72.5% Jan 1, 2019 Mar 31, 2019 10-Q 2020-04-23
Q4 2018 $9.41M $2.87M +$1.22M +74.5% Oct 1, 2018 Dec 31, 2018 10-K 2020-02-20
Q3 2018 $8.19M $2.53M +$1.04M +69.7% Jul 1, 2018 Sep 30, 2018 10-Q 2019-10-25
Q2 2018 $7.15M $2.18M +$846K +63.3% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-25
Q1 2018 $6.3M $1.84M +$572K +45.2% Jan 1, 2018 Mar 31, 2018 10-Q 2019-04-25
Q4 2017 $5.73M $1.64M +$438K +36.4% Oct 1, 2017 Dec 31, 2017 10-K 2019-02-14
Q3 2017 $5.29M $1.49M +$268K +22% Jul 1, 2017 Sep 30, 2017 10-Q 2018-10-25
Q2 2017 $5.03M $1.34M +$72K +5.69% Apr 1, 2017 Jun 30, 2017 10-Q 2018-07-26
Q1 2017 $4.95M $1.27M -$5K -0.39% Jan 1, 2017 Mar 31, 2017 10-Q 2018-04-26
Q4 2016 $4.96M $1.2M -$44K -3.53% Oct 1, 2016 Dec 31, 2016 10-K 2018-02-15
Q3 2016 $5M $1.22M -$86K -6.59% Jul 1, 2016 Sep 30, 2016 10-Q 2017-10-26
Q2 2016 $5.09M $1.27M -$128K -9.19% Apr 1, 2016 Jun 30, 2016 10-Q 2017-07-27
Q1 2016 $5.22M $1.27M -$89K -6.55% Jan 1, 2016 Mar 31, 2016 10-Q 2017-04-27
Q4 2015 $5.31M $1.25M -$111K -8.17% Oct 1, 2015 Dec 31, 2015 10-K 2018-02-15
Q3 2015 $5.42M $1.31M -$64K -4.67% Jul 1, 2015 Sep 30, 2015 10-Q 2016-10-27
Q2 2015 $5.48M $1.39M +$21K +1.53% Apr 1, 2015 Jun 30, 2015 10-Q 2016-07-28
Q1 2015 $5.46M $1.36M -$136K -9.1% Jan 1, 2015 Mar 31, 2015 10-Q 2016-04-28
Q4 2014 $5.6M $1.36M -$389K -22.3% Oct 1, 2014 Dec 31, 2014 10-K 2017-02-16
Q3 2014 $5.99M $1.37M -$425K -23.7% Jul 1, 2014 Sep 30, 2014 10-Q 2015-10-22
Q2 2014 $6.41M $1.37M -$472K -25.6% Apr 1, 2014 Jun 30, 2014 10-Q 2015-07-23
Q1 2014 $6.88M $1.5M -$455K -23.3% Jan 1, 2014 Mar 31, 2014 10-Q 2015-04-23
Q4 2013 $7.34M $1.75M -$293K -14.4% Oct 1, 2013 Dec 31, 2013 10-K 2016-02-18
Q3 2013 $7.63M $1.8M -$582K -24.5% Jul 1, 2013 Sep 30, 2013 10-Q 2014-10-23
Q2 2013 $8.21M $1.84M -$734K -28.5% Apr 1, 2013 Jun 30, 2013 10-Q 2014-07-24
Q1 2013 $8.95M $1.95M -$868K -30.8% Jan 1, 2013 Mar 31, 2013 10-Q 2014-04-24
Q4 2012 $9.81M $2.04M -$1.08M -34.5% Oct 1, 2012 Dec 31, 2012 10-K 2015-02-19
Q3 2012 $10.9M $2.38M -$1.02M -30.1% Jul 1, 2012 Sep 30, 2012 10-Q 2013-10-24
Q2 2012 $11.9M $2.58M -$1.13M -30.5% Apr 1, 2012 Jun 30, 2012 10-Q 2013-07-25
Q1 2012 $13M $2.82M -$1.44M -33.8% Jan 1, 2012 Mar 31, 2012 10-Q 2013-04-25
Q4 2011 $14.5M $3.12M Oct 1, 2011 Dec 31, 2011 10-K 2014-02-20
Q3 2011 $3.4M -$2.61M -43.4% Jul 1, 2011 Sep 30, 2011 10-Q 2012-10-25
Q2 2011 $3.71M -$3.01M -44.8% Apr 1, 2011 Jun 30, 2011 10-Q 2012-07-26
Q1 2011 $4.26M Jan 1, 2011 Mar 31, 2011 10-Q 2012-04-26
Q3 2010 $6.01M Jul 1, 2010 Sep 30, 2010 10-Q 2011-10-27
Q2 2010 $6.72M Apr 1, 2010 Jun 30, 2010 10-Q 2011-07-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.