Mackinac Financial Corporation 

(Public, NASDAQ:MFNC)   Watch this stock   
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Nov 4, 2009
Q3 2009 MACKINAC FINL CORP Earnings Release
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Key stats and ratios

Q3 (Sep '09) 2008
Net profit margin 25.58% 10.69%
Operating margin 38.42% 15.18%
EBITD margin - -
Return on average assets 1.35% 0.44%
Return on average equity 13.87% 4.63%
Employees 104 -

Address

130 South Cedar Street
Manistique, MI 49854
United States - Map
+1-888-3438147 (Phone)

Website links

External links

Analyst Estimates - MarketWatch
SEC Filings - EDGAR Online
Major Holders - MSN Money
Options - Morningstar
Research Reports - Yahoo Finance

Mackinac Financial Corporation discussions

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Description

Mackinac Financial Corporation (the Corporation) is the holding company of mBank (the Bank). Through the Bank the Corporation is engaged general commercial banking business, providing 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 Bank has eight branch offices located in the Upper Peninsula of Michigan and four branch offices located in Michigan’s Lower Peninsula. The Bank maintains offices in Antrim, Chippewa, Emmet, Grand Traverse, Houghton, Luce, Manistee, Marquette, Menominee, Oakland, Ontonagon, Otsego, and Schoolcraft Counties. The Bank provides drive-in convenience at 10 branch locations and has 10 automated teller machines.

Officers and directors

Paul D. Tobias
Chairman of the Board, Chief Executive Officer of the Corporation and the Bank
Age: 58
Bio & Compensation - Reuters
Kelly W. George
President; President and Chief Executive Officer of mBank
Age: 41
Bio & Compensation - Reuters
Ernie R. Krueger
Chief Financial Officer, Executive Vice President of the Company and Bank
Age: 59
Bio & Compensation - Reuters
Walter J. Aspatore
Lead Director
Age: 66
Bio & Compensation - Reuters
Dennis B. Bittner
Director
Age: 60
Bio & Compensation - Reuters
Robert H. Orley
Director
Age: 53
Bio & Compensation - Reuters
Randolph C. Paschke
Director
Age: 59
Bio & Compensation - Reuters
Lewis Brooks Patterson
Director
Age: 69
Bio & Compensation - Reuters