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 MACKINAC FINANCIAL CORPORATION
MACKINAC FINANCIAL CORPORATION
| RSSD ID 1123933 |
| 130 SOUTH CEDAR STREET |
Quarter Ended : |
2012-12-31 |
| MANISTIQUE, MI, 49854 |
Updated : |
2013-03-12 |
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Updates : |
| Institution Profile |
| Year Opened : |
1976 |
Institution Type : |
Holding Company |
| Reserve District : |
Minneapolis |
Federal Regulator : |
FED |
| Entity Type : |
Bank Holding Company |
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| Structure : |
Corporation (stock) |
S-Corp : |
No |
| SEC Filer : |
Yes |
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| Fiscal Year End : |
12/31 |
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| Related Bank / Thrift |
Assets |
Asset Concentration |
 mBank
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550,816 |
Commercial Lending Specialization |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total assets | 545,980 |
|
Total interest income | 24,427 |
| Total liabilities | 473,532 |
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Total noninterest income | 3,632 |
| Total bank holding company equity capital | 72,448 |
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Total interest expense | 4,603 |
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Total noninterest expense | 16,346 |
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| Capital Ratios |
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Loans and Leases
(USD, in thousands) |
| Tier 1 leverage ratio | 11.98 |
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Loans secured by real estate (Consolidated) | 357,608 |
| Tier 1 risk-based capital ratio | 13.81 |
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Commercial and industrial loans | 76,193 |
| Total risk-based capital ratio | 14.93 |
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Total (Consolidated) | 449,177 |
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:· MACKINAC FINANCIAL CORPORATION
