Mackinac Financial Corporation

Mackinac Financial Corporation
Public
Traded as NASDAQ: MFNC
Industry Finance
Founded 1974
Headquarters Manistique, Michigan, United States
Key people
Paul Tobias, Chairman, and CEO
Products Financial services
$19.824 million (Dec. 31, 2012)[1]
Total assets $545.980 million (Dec. 31, 2012)[1]
Total equity Increase US$ 72.448  million (2012) [2]
Website homepage

Mackinac Financial Corporation is a bank holding company for mBank, it provides commercial and retail banking products and services and was incorporated on December 16, 1974.[3] The company's common stock is traded on the NASDAQ stock market under the symbol of “MFNC.”[4]

Operations

The company, through the operation of its subsidiary mBank, offers loan and deposit products, customary retail services and commercial banking services including time deposits, interest-bearing transaction accounts, health saving accounts, treasury management, online banking service, real estate mortgage lending and so on. Apart from the bank, the company also operates non-bank subsidiaries: First Manistique Agency, First Rural Relending Company and North Country Capital Trust to offer financial services.[5]

Acquisitions

References

  1. 1 2 2012 Annual Report (Report). Mackinac Financial Corporation. December 31, 2012. Retrieved November 25, 2013.
  2. "Edgar Pro". Google.brand.edgar-online.com. Retrieved 2014-03-05.
  3. "Mackinac Financial Corp (MFNC.O)". Reuters. Retrieved November 25, 2013.
  4. "Corporate Profile". Mackinac Financial Corporation. Retrieved November 25, 2013.
  5. "Mackinac Financial Corp (MFNC.O) Company Profile". Reuters.com. Retrieved 2014-03-05.
  6. 1 2 3 "Shareholder Information". Mackinac Financial Corporation. Retrieved November 25, 2013.
  7. "2013 Stock Buyback Program". Mackinac Financial Corporation. Retrieved November 29, 2013.
  8. "Mergers continue to make banks bigger". Traverse City Record-Eagle. Traverse City Record-Eagle. 2016-01-26. Retrieved 2016-01-28.
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