Financial Services » Banking | Mackinac Financial Corp.

Mackinac Financial Corp. | Income Statement

Fiscal year is January-December. All values USD Thousands.
2013
2014
2015
2016
2017
2018
Unusual Expense
1,335.00
2,703.00
-
3,101.00
50.00
2,951
Pretax Income
5,534.00
2,829.00
7,929.00
6,766.00
11,018.00
10,593
Consolidated Net Income
5,937.00
1,700.00
5,596.00
4,483.00
5,479.00
8,367
Net Income
5,937.00
1,700.00
5,596.00
4,483.00
5,479.00
8,367
Net Income After Extraordinaries
5,937.00
1,700.00
5,596.00
4,483.00
5,479.00
8,367
Net Income Available to Common
5,629.00
1,700.00
5,596.00
4,483.00
5,479.00
8,367
EPS (Basic)
1.00
0.30
0.89
0.72
0.87
0.94
Basic Shares Outstanding
5,558.30
5,592.70
6,241.90
6,236.10
6,288.80
8,892
EPS (Diluted)
1.00
0.30
0.89
0.72
0.87
0.94
Diluted Shares Outstanding
5,650.10
5,653.80
6,273.30
6,268.70
6,322.40
8,921.70
Preferred Dividends
308.00
-
-
-
-
-
Operating Income
6,869.00
5,532.00
7,929.00
9,867.00
11,068.00
13,544
Income Taxes
403.00
1,129.00
2,333.00
2,283.00
5,539.00
2,226
Interest Income
25,523.00
27,669.00
33,513.00
37,983.00
44,376.00
55,377
Total Interest Expense
4,124.00
4,142.00
4,393.00
4,885.00
6,438.00
8,247
Net Interest Income
21,399.00
23,527.00
29,120.00
33,098.00
37,938.00
47,130
Net Interest Income after Provision
19,724.00
22,327.00
27,916.00
32,498.00
37,313.00
46,630
Non-Interest Income
3,905.00
3,060.00
4,438.00
3,961.00
3,960.00
4,206
Non-Interest Expense
16,760.00
19,855.00
24,425.00
26,592.00
30,205.00
37,292
Loan Loss Provision
1,675.00
1,200.00
1,204.00
600.00
625.00
500

About Mackinac Financial

View Profile
Address
130 South Cedar Street
Manistique Michigan 49854
United States
Employees -
Website http://www.bankmbank.com
Updated 07/08/2019
Mackinac Financial Corp. operates as a bank holding company, which through its subsidiary mBank, engages in the provision of general commercial banking business. It offers loan and deposit products. The firm's banking services include 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.

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