Mackinac Financial Corporation  

(Public, NASDAQ:MFNC)   Watch this stock  
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Currency in USD
Range     -
52 week 9.90 - 12.03
Open     -
Vol / Avg. 0.00/8,356.00
Mkt cap 72.60M
P/E 13.53
Div/yield 0.10/3.46
EPS 0.86
Shares 6.23M
Beta 0.72
Inst. own 50%
Jul 25, 2016
Q2 2016 Mackinac Financial Corp Earnings Release (Estimated)
May 9, 2016
Q1 2016 Mackinac Financial Corp Earnings Release
More events from DailyFinance »    

Key stats and ratios

Q1 (Mar '16) 2015
Net profit margin 14.30% 16.95%
Operating margin 21.69% 24.02%
EBITD margin - 32.54%
Return on average assets 0.62% 0.75%
Return on average equity 5.90% 7.43%
Employees 160 -
CDP Score - -


130 S Cedar St PO Box 369
MANISTIQUE, MI 49854-0369
United States - Map
+1-906-3418401 (Phone)
+1-906-3412727 (Fax)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money


Mackinac Financial Corporation is a bank holding Company of mBank (the Bank). The Company, through the Bank, is engaged in the general commercial banking business. The Bank provides a range of loan and deposit products. These banking services include customary retail and commercial banking services, including checking and savings accounts, time deposits, interest bearing transaction accounts, safe deposit facilities, real estate mortgage lending, commercial lending, commercial and governmental lease financing, and direct and indirect consumer financing. The funds for the Bank's operation are also provided by brokered deposits and through borrowings from the Federal Home Loan Bank (FHLB) system, proceeds from the sale of loans and mortgage-backed and other securities, funds from repayment of outstanding loans and earnings from operations. The Bank has over 13 branch offices located in the Upper Peninsula of Michigan and four branch offices located in Michigan's Lower Peninsula.

Officers and directors

Paul D. Tobias Chairman of the Board, Chief Executive Officer; Chairman of mBank
Age: 65
Bio & Compensation  - Reuters
Trading Activity - Yahoo Finance
Kelly W. George President; President and Chief Executive Officer of mBank
Age: 48
Bio & Compensation  - Reuters
Ernie R. Krueger Chief Financial Officer, Executive Vice President of the Company and mBank
Age: 66
Bio & Compensation  - Reuters
Walter J. Aspatore Lead Independent Director
Age: 73
Bio & Compensation  - Reuters
David R. Steinhardt Director
Age: 46
Bio & Compensation  - Reuters
Dennis B. Bittner Independent Director
Age: 66
Bio & Compensation  - Reuters
Joseph D. Garea Independent Director
Age: 61
Bio & Compensation  - Reuters
Robert Edward Mahaney II Independent Director
Age: 57
Bio & Compensation  - Reuters