UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F/A Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2007 Check here if Amendment [X]; Amendment Number: 2 This Amendment (Check only one.): [X] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Macatawa Bank Corporation Address: 10753 Macatawa Drive Holland, MI 49424 Form 13F File Number: 28-13033 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of the Reporting Manager: Name: Nadine Terpstra Title: Vice President-Trust Operations Manager Phone: 616-233-3311 Signature, Place, and Date of Signing: /s/ Nadine Terpstra Holland, MI 9/15/2008 [Signature] [City, State] [Date] Nadine Terpstra Report Type (Check only one.): Explanatory Note: This Amendment No. 2 to Form 13F is being filed to 1) correct the name of the Institutional Investment Manager filing this Report; 2) insert the Form 13F File Number; 3) correctly provide information regarding the Other Included Manager, Macatawa Bank; and 4) correctly report the nature of Investment Discretion in column 7 of the Information Table, taking into account the Other Included Manager. [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 96 Form 13F Information Table Value Total: $163,972 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File # Name 01 28-13155 Macatawa Bank FORM 13F INFORMATION TABLE Voting Authority ---------------- Title of Value Shares/ Sh/ Put/ Invstmt Other Name of Issuer class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None ----------------------------- --------- ----- -------- ------- --- --- ------- -------- ---- ------ ---- ALLIANCE BANKSHARES CORP COM 018535104 250 38275 SH DEFINED 01 38275 AMERICAN CAPITAL STRATEGIES LTD COM COM 024937104 557 16900 SH DEFINED 01 16900 AUTODESK INC COM COM 052769106 1806 36286 SH DEFINED 01 20285 16001 BB&T CORP COM 054937107 271 8850 SH DEFINED 01 8850 BP AMOCO PLC SPONSORED ADR FOR 055622104 801 10947 SH DEFINED 01 10844 103 BANK OF AMERICA CORP NEW COM COM 060505104 2583 62610 SH DEFINED 01 46513 16097 BANK OF FLORIDA CORP COM COM 062128103 207 18000 SH DEFINED 01 18000 BANKATLANTIC BANCORP INC CL A COM COM 065908501 107 26000 SH DEFINED 01 26000 BERKSHIRE HATHAWAY INC CL B COM 084670207 388 82 SH DEFINED 01 82 BRISTOL MYERS SQUIBB CO COM 110122108 380 14334 SH DEFINED 01 14334 CASCADE BANCORP INC COM COM 147154108 214 15400 SH DEFINED 01 15400 CITIGROUP INC COM 172967101 448 15206 SH DEFINED 01 15036 170 COACH INC COM COM 189754104 1054 34467 SH DEFINED 01 21082 13385 COBIZ INC COM COM 190897108 297 20000 SH DEFINED 01 20000 COGNIZANT TECH SOLUTIONS CORP CL A COM 192446102 2284 67270 SH DEFINED 01 38080 29190 COOPERATIVE BANKSHARES INC COM COM 216844100 236 20000 SH DEFINED 01 20000 CRESCENT FINANCIAL CORP COM COM 225744101 363 38250 SH DEFINED 01 38250 DANAHER CORP DEL COM COM 235851102 2125 24225 SH DEFINED 01 15475 8750 DEUTSCHE TELEKOM AG SPONSORED ADR FOR 251566105 338 15600 SH DEFINED 01 15600 EBAY INC COM COM 278642103 787 23691 SH DEFINED 01 14049 9642 ENERGY CONVERSN DEVICE COM COM 292659109 237 7030 SH DEFINED 01 7030 ENTERPRISE FINANCIAL SERVICES COM COM 293712105 405 17000 SH DEFINED 01 17000 FIFTH THIRD BANCORP COM 316773100 333 13246 SH DEFINED 01 12946 300 FISERV INC COM 337738108 4395 79206 SH DEFINED 01 52484 26722 GATEWAY FINANCIAL HOLDING INC COM COM 368140109 441 37000 SH DEFINED 01 37000 GENERAL ELECTRIC CO COM 369604103 4271 115215 SH DEFINED 01 83745 31470 GENTEX CORP COM 371901109 326 18329 SH DEFINED 01 16829 1500 HUNTINGTON BANCSHARES INC COM 446150104 3139 212650 SH DEFINED 01 212406 244 INDEPENDENT BANK CORP COM 453838104 257 27102 SH DEFINED 01 27102 IRWIN FINL CORP COM 464119106 144 19600 SH DEFINED 01 19600 JOHNSON & JOHNSON COM 478160104 3661 54890 SH DEFINED 01 37015 17875 LAKELAND FINL CORP COM COM 511656100 629 30100 SH DEFINED 01 27100 3000 LLOYDS TSB GROUP PLC SPONSORED ADR COM 539439109 279 7400 SH DEFINED 01 7400 LOWES COS INC COM 548661107 2055 90822 SH DEFINED 01 58582 32240 MACATAWA BANK CORP COM 554225102 15430 1796288 SH DEFINED 01 940570 855718 MARSHALL & ILSLEY CORP NEW COM COM 571837103 483 18255 SH DEFINED 01 18150 105 MORNINGSTAR INC COM 617700109 3577 46009 SH DEFINED 01 34704 11305 NATIONAL CITY CORP COM 635405103 863 52436 SH DEFINED 01 52436 PAYCHEX INC COM 704326107 340 9400 SH DEFINED 01 9400 PEPSICO INC COM 713448108 1970 25950 SH DEFINED 01 18270 7680 PFIZER INC COM 717081103 15323 674150 SH DEFINED 01 674150 PINNACLE WEST CAPITAL CORP COM 723484101 214 5040 SH DEFINED 01 5040 PREMIERWEST BANCORP COM COM 740921101 309 27000 SH DEFINED 01 27000 PROCTER & GAMBLE CO COM 742718109 2242 30525 SH DEFINED 01 20304 10221 PRIVATE BANCORP INC COM COM 742962103 415 12700 SH DEFINED 01 12700 PROGENICS PHARMACEUTICAL INC COM 743187106 271 15000 SH DEFINED 01 15000 PROGRESS ENERGY INC COM COM 743263105 208 4298 SH DEFINED 01 4298 PULASKI FINANCIAL CORP COM COM 745548107 270 27000 SH DEFINED 01 27000 REYNOLDS AMERICAN INC COM COM 761713106 411 6230 SH DEFINED 01 6230 RIVERVIEW BANCORP INC COM COM 769397100 203 17600 SH DEFINED 01 17600 SEI INVTS CO COM 784117103 2528 78570 SH DEFINED 01 52450 26120 SCHLUMBERGER LTD COM COM 806857108 3525 35829 SH DEFINED 01 22639 13190 STATE STREET CORP COM 857477103 349 4300 SH DEFINED 01 4300 STERICYCLE INC COM COM 858912108 3429 57724 SH DEFINED 01 36754 20970 STRYKER CORP COM 863667101 12075 161604 SH DEFINED 01 146394 15210 TELECOM CORP OF NEW ZEALAND LTD SPONSORED ADR REPSTG 8 ORD SHS FOR 879278208 246 14805 SH DEFINED 01 14805 TEVA PHARMACEUTICAL INDS LTD ADR FOR 881624209 4025 86597 SH DEFINED 01 52702 33895 TOWER FINANCIAL CORP COM 891769101 1283 98690 SH DEFINED 01 67299 31391 UST INC COMMON STOCK COM 902911106 277 5059 SH DEFINED 01 5059 US BANCORP DEL COM NEW COM 902973304 465 14664 SH DEFINED 01 14479 185 UNITED NATURAL FOODS INC COM COM 911163103 2540 80087 SH DEFINED 01 50177 29910 VANGUARD MID-CAP VIPERS EFT 922908629 2619 34637 SH DEFINED 01 23767 10870 WACHOVIA CORP COM COM 929903102 348 9150 SH DEFINED 01 9150 WALGREEN CO COM 931422109 1804 74359 SH DEFINED 01 44899 29460 WELLS FARGO & CO COM 949746101 3359 111273 SH DEFINED 01 72207 39066 AT & T INC COM COM 00206R102 2343 56383 SH DEFINED 01 42293 14090 ADOBE SYS INC COM COM 00724F101 1937 45329 SH DEFINED 01 26190 19139 ALLSCRIPTS HEALTHCARE SOLUTIONS COM 01988P108 1787 92010 SH DEFINED 01 51270 40740 ALTRIA GROUP INC COM COM 02209S103 768 10168 SH DEFINED 01 10168 BANNER CORPORATION COM COM 06652V109 287 10000 SH DEFINED 01 10000 BLACKROCK INC COMMON STOCK COM 09247X101 347 1600 SH DEFINED 01 1600 CME GROUP INC COM COM 12572Q105 480 700 SH DEFINED 01 700 CAPITAL ONE FINANCIAL COM 14040H105 246 5200 SH DEFINED 01 5200 CISCO SYSTEMS INC COM 17275R102 4307 159118 SH DEFINED 01 96257 62861 CITIZENS COMMUNICATIONS CO INC COM 17453B101 170 13350 SH DEFINED 01 13350 DEARBORN BANCORP INC CAP COM 24242R108 242 31311 SH DEFINED 01 31311 DUKE ENERGY CORP NEW COM COM 26441C105 200 9934 SH DEFINED 01 9934 ENI SPA ADR FOR 26874R108 333 4602 SH DEFINED 01 4602 ENEL SOCIETA/AZIONI ADR COM 29265W108 313 5300 SH DEFINED 01 5300 EXXON MOBIL CORP COM COM 30231G102 5612 59906 SH DEFINED 01 43541 16365 FIRSTBANK CORP COM 33761G104 220 15891 SH DEFINED 01 15891 GOOGLE INC COM COM 38259P508 1906 2757 SH DEFINED 01 1396 1361 HEARTLAND PAYMENT SYSTEM INC COM COM 42235N108 335 12500 SH DEFINED 01 12500 INTERCONTINENTALEXCHANGE INC COM 45865V100 347 1800 SH DEFINED 01 1800 INTUITIVE SURGICAL INC COM COM 46120E602 2014 6234 SH DEFINED 01 2534 3700 MB FINANCIAL INC NEW COM COM 55264U108 555 18000 SH DEFINED 01 18000 MONSANTO CO NEW COM COM 61166W101 13763 123224 SH DEFINED 01 123224 PINNACLE FINANCIAL PARTNERS INC COM 72346Q104 1006 39575 SH DEFINED 01 29340 10235 POWERSHARES WILDERHILL CLEAN ENERGY COM 73935X500 2407 86930 SH DEFINED 01 45320 41610 POWERSHARES ETF TRUST DYN BIOT ETF 73935X856 1402 74862 SH DEFINED 01 42427 32435 TELECOM ITALIA SPONSORED ADR FOR 87927Y102 267 8650 SH DEFINED 01 8650 VERIZON COMMUNICATIONS INC COM 92343V104 200 4581 SH DEFINED 01 4381 200 WASTE MANAGEMENT INC COM 94106L109 578 17680 SH DEFINED 01 17680 WINDSTREAM CORPORATION COM COM 97381W104 267 20538 SH DEFINED 01 20538 WINTRUST FINANCIAL CORP COM COM 97650W108 269 8122 SH DEFINED 01 8122 XTO ENERGY INC COM 98385X106 1595 31051 SH DEFINED 01 18497 12554 REPORT SUMMARY 96 DATA RECORDS 163,972 1 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED