Mackinac Fin

MFNC NASDAQ
15.54
+0.17
+1.11%
Opening 15:23 05/24 EDT
Open
15.40
Prev Close
15.37
High
15.54
Low
14.58
Volume
19.53K
Avg Vol (3M)
9.95K
52 Week High
17.58
52 Week Low
12.60
% Turnover
0.18%
Market Cap
166.91M
1D
5D
1M
3M
1Y
5Y

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Company Profile

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.
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