MACKINAC FINANCIAL CORP /MI/

Delisted

CIK 36506fmd_1G7Z5K7JTVFHHK4WHM4RRPCBD4Finance, Insurance and Real Estate · State Commercial BanksTemplate: Financials

Coverage: Jan 01, 2009 to Jun 30, 2021, 46 periods

Income Statement · Annual · Millions · USD
Line item	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020
Total interest income	23	24	26	28	34	38	44	55	64	62
Total revenues	22	24	25	27	33	37	1	1	2	1
Net interest income	18	20	21	24	29	33	38	47	54	55
Provision for credit losses	2	1	2	1	1	1	1	1	0	1
Net interest income after provision	16	19	20	22	28	32	37	47	54	54
Non-interest income	4	4	4	3	4	4	4	4	6	10
Compensation and benefits	7	8	9	10	12	15	15	20	23	26
Non-interest expense	16	17	18	23	24	30	30	40	42	47
Interest expense	5	5	4	4	4	5	6	8	10	7
Income before taxes	3	6	6	3	8	7	11	11	18	17
Income tax expense	1	(1)	(0)	1	2	2	6	2	4	4
Net income from continuing operations	2	7	6	2	6	4	5	8	14	13
Net income	2	7	6	2	6	4	5	8	14	13
Net income to common shareholders	1	6	6	2	6	4	5	8	14	13