Mackinac Financial (MFNC) Balance Sheet

Click line-items for a historical chart and %

Cash and due from banks	46.2M
Federal funds sold	2.42M
Cash and cash equivalents	48.62M
Interest-bearing deposits in other financial institutions	14.05M
Securities available for sale	88.89M
Federal Home Loan Bank stock	2.93M
Commercial	513.27M
Mortgage	222.84M
Consumer
Total Loans	756.8M
Allowance for loan losses	-4.86M
Net loans	751.94M
Premises and equipment	16.03M
Other real estate held for sale	3.27M
Other assets	16.19M
TOTAL ASSETS	959.12M
Noninterest bearing deposits	163.28M
NOW, money market, interest checking
Savings	60.32M
CDs less than $100,000
CDs more than $100,000
Brokered	137.3M
Total deposits	807.18M
Federal Home Loan Bank
Other
Total borrowings
Other liabilities	5.93M
Total liabilities	880.84M
Preferred stock - No par value: Authorized 500,000 shares, 11,000 shares issued and outstanding	0
Common stock and additional paid in capital - No par value Authorized - 18,000,000 shares Issued and outstanding - 3,419,736 shares
Retained earnings (accumulated deficit)	16.12M
Accumulated other comprehensive income
Total shareholders' equity	78.29M
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	959.12M

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