MFNC Mackinac Financial Dashboard

Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $1.5 billion. The principal subsidiary of the Corporation is mBank. Headquartered in Manistique, Michigan, mBank has 29 branch locations; eleven in the Upper Peninsula, ten in the Northern Lower Peninsula, one in Oakland County, Michigan, and seven 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.

Company profile

Ticker

MFNC

Exchange

NASDAQ

Website

www.bankmbank.com

CEO

Paul Davison Tobias

Incorporated

Michigan

Location

Michigan

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Citizens Financial • Fifth Third Bancorp • Northern Trust • M & T Bank • Popular • Ally Financial • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

Former names

FIRST MANISTIQUE CORP, NORTH COUNTRY FINANCIAL CORP

SEC CIK

0000036506

Corporate docs

Articles of Incorporation & Bylaws

IRS number

382062816

MFNC stock data

S&P 500

1M 1Y 2Y 5Y

News

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Mackinac Financial Q2 EPS $0.28 Down From $0.33 YoY

22 Jul 21

Mackinac Financial (NASDAQ:MFNC) reported quarterly earnings of $0.28 per share. This is a 15.15 percent decrease over earnings of $0.33 per share from the same period last year.

Stocks That Hit 52-Week Highs On Friday

7 May 21

On Friday morning, 417 companies achieved new highs for the year.

Press releases

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Mackinac Financial Corporation Reports 2021 Second Quarter Financial Results

22 Jul 21

MANISTIQUE, Mich., July 22, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (NASDAQ:MFNC) ("we", or the "Corporation") the bank holding company for mBank ("the Bank") today announced 2021 second quarter net

Nicolet Bankshares, Inc. Announces Second Quarter 2021 Earnings

20 Jul 21

GREEN BAY, Wis., July 20, 2021 /PRNewswire/ -- Nicolet Bankshares, Inc.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates AMRB, MX, CADE, MFNC; Shareholders are Encouraged to Contact the Firm

30 Jun 21

NEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: American River Bankshares (NASDAQ:AMRB) concerning potential

INVESTIGATION ALERT: Halper Sadeh LLP Investigates MNR, CORE, MMAC, SOLY, SPRT, MFNC; Shareholders are Encouraged to Contact the Firm

29 Jun 21

SHAREHOLDER ALERT: WeissLaw LLP Reminds PLBN, MFNC, CORE, and ALTA Shareholders About Its Ongoing Investigations

24 Jun 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

14 May 21

30 Jul 21

31 Dec 21

Financial summary

Financial statements Chart MFNC financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

MFNC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
15 Jan 21	Paul Davison Tobias	Common Stock	Grant	Aquire A	No	No	0	8,500	0	107,867
15 Jan 21	Kelly W George	Common Stock	Grant	Aquire A	No	No	0	8,500	0	101,000
15 Jan 21	Jesse A Deering	Common Stock	Grant	Aquire A	No	No	0	4,500	0	30,288
17 Nov 20	Martin A Thomson	Common Stock	Buy	Aquire P	Yes	No	12.5	2,400	30K	30,149
13 Nov 20	Aspatore Walter J	Common Stock	Buy	Aquire P	No	No	12.23	2,500	30.58K	34,120

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

MFNC institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Bad

New words: agency, brand, Consummation, formally, merge, merger, Nicolet, peak, resided, surviving

Removed: calculating, calculation, delay, modification, parallel, refundable, repeal, response, run, testing, timetable, uncertainty, utilizing

From filing 10-Q 2021 Q1