Sunday, 24 May 2020 18:50

Reporter's Notebook: Banker beware

In a recent conference call, the president and CEO of Detroit-based TCF Financial Corp. — the parent company of what remains known in Michigan as Chemical Bank — voiced a simple ethic that all businesses, no matter their industry or their size, must keep in mind in the COVID-19 pandemic.

Published in Finance

HOLLAND — Earnings at Macatawa Bank Corp. declined for the first quarter, largely from higher a loan-loss provision because of the COVID-19 pandemic.

Published in Finance

Two locally-based banks — Mercantile Bank and West Michigan Community Bank — plan to close the lobbies of bank branches to customers starting Wednesday.

Published in Finance
Sunday, 15 March 2020 09:22

MiBiz Growth Report: March 15, 2020

MiBiz Growth Report for March 15, 2020.

Published in Economic Development

GRAND RAPIDS — Goodrich Quality Theaters Inc., a Grand Rapids-based chain of 30 movie theaters in five states, has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Western District of Michigan.

Published in Economic Development

GRAND RAPIDS — Grand Rapids-based Jedco Inc. is expanding and planning to move from its current location.

HOLLAND — Macatawa Bank Corp. grew net income 16 percent in the fourth quarter to $8.1 million, or 24 cents per diluted share, capping off a year of strong earnings growth.

Published in Finance

Macatawa Bank Corp. grew earnings nearly 20 percent in the third quarter from a year earlier.

Published in Finance

HOLLAND — Macatawa Bank Corp. grew earnings by nearly 20 percent in the second quarter, maintaining the company’s strong financial performance.

Published in Finance

Macatawa Bank Corp. recorded strong earnings growth for the first three months of 2019.

Published in Finance
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