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MACKINAC FINANCIAL CORP (MFNC:NASDCM)

Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $985 million and whose common stock is traded on the NASDAQ stock market as “MFNC.” The principal subsidiary of the Corporation is mBank. Headquartered in Manistique, Michigan, mBank has 23 branch locations; twelve in the Upper Peninsula, four in the Northern Lower Peninsula, one in Oakland County, Michigan and six in Northern Wisconsin. The Corporation’s banking services include commercial lending and treasury management products and services geared toward small to mid-sized businesses, as well as a full array of personal and business deposit products and consumer loans.


Yearly Figures
(in thousands, except per share amounts)
FYE: 12/31 2017 2016 2015 2014
Net Interest Income $37,938 $33,098 $27,916 $22,327
Net Income $5,479 $4,483 $5,596 $1,700
Earnings Per Share 0.87 0.72 0.89 0.30
Quarterly Figures
(in thousands, except per share amounts)
              Third Quarter
FYE: 12/31 9/30/18 9/30/17
Net Interest Income $13,214 $9,789
Net Income $3,069 $2,093
Earnings Per Share 0.29 0.33
Contact Information
Contact Name: Jennifer Stempki
Contact Title:
Phone: 1-800-200-7032