MFNC News Alert Mackinac Financial Corp (MFNC) 11.00 12/13/2014

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Mackinac Financial Corp (MFNC) 11.00 $MFNC

Mackinac Financial declares $0.07 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 12, 1:28PM CST

MFNC: 11.00 (+0.03)

Mackinac Financial Corporation Declares Increased Cash Dividend on Common Stock
Marketwired - Fri Dec 12, 1:19PM CST
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank" , reported the dividend and payment date of the dividend previously approved by its Board of Directors on October 28, 2014. On that date, the Board of Directors declared a cash dividend of $.075 per common share, payable January 8, 2015 to shareholders of record December 30, 2014. The dividend is an increase of $.025 per share from the prior quarter's dividend and represents a 50% increase in the annualized dividend from $.20 per share to $.30 per share.
MFNC: 11.00 (+0.03)

Nasdaq stocks posting largest volume decreases
AP - Tue Dec 09, 5:10PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
RIVR: 21.04 (-0.01), BELFB: 25.27 (-1.30), BELFA: 22.93 (-0.46), SEV: 8.01 (-0.04), GTWN: 16.30 (-0.70), GCBC: 29.69 (+0.03), GFED: 13.25 (-0.05), IROQ: 16.80 (-0.01), JAXB: 12.24 (+0.02), STRZB: 28.72 (-0.26), MFNC: 11.00 (+0.03), STRZA: 28.53 (-0.14)

Mackinac Financial Corporation Completes the Acquisition of Peninsula Financial Corporation
Marketwired - Fri Dec 05, 2:39PM CST
The Directors of Mackinac Financial Corporation (NASDAQ: MFNC) (Mackinac), the holding company for mBank, today announced the consummation of the merger of Peninsula Financial Corporation (Peninsula), the holding company for Peninsula Bank, with and into Mackinac with Mackinac as the surviving corporation. Following the closing of the merger, Peninsula Bank was consolidated into mBank and all branches will open as mBank locations on Monday, December 8, 2014.
MFNC: 11.00 (+0.03)

Nasdaq stocks posting largest percentage decreases
AP - Tue Dec 02, 12:25PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.:
EVOK: 5.49 (-0.29), PSIX: 44.36 (-1.35), WATT: 7.25 (-0.22), RDCM: 10.92 (+0.61), MCEP: 6.50 (-0.07), QDEL: 25.41 (unch), HEES: 26.52 (-0.55), LINE: 12.01 (-1.32), POZN: 9.12 (-0.08), MFNC: 11.00 (+0.03), AREX: 5.16 (-0.41)

Mackinac Financial reports Q3 profit
Seeking Alpha - at Seeking Alpha - Thu Oct 30, 5:05PM CDT

MFNC: 11.00 (+0.03)

Mackinac Financial Corporation Reports Nine Month and Third Quarter 2014 Results; Announces a 50% Increase in Annual Dividend From $.20 to $.30 per Share
Marketwired - Thu Oct 30, 3:01PM CDT
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank" , today announced third quarter 2014 income of $.886 million or $.16 per share compared to net income available to common shareholders of $.846 million, or $.15 per share for the third quarter of 2013. Operating results for the first nine months of 2014 totaled $2.352 million or $.43 per share compared to $2.719 million or $.49 per share for the same period in 2013.
MFNC: 11.00 (+0.03)

Mackinac Financial Corporation Declares $.05 Cash Dividend on Common Stock
Marketwire - Tue Aug 26, 1:21PM CDT
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank" , today announced that its Board of Directors declared a cash dividend of $.05 per common share, payable October 6, 2014 to shareholders of record September 24, 2014. The dividend is unchanged from the prior quarter's dividend.
MFNC: 11.00 (+0.03)

Mackinac Financial Corporation Reports Six Month and Second Quarter 2014 Results
Marketwire - Wed Jul 30, 2:40PM CDT
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank" , today announced second quarter 2014 income of $.806 million or $.15 per share compared to net income available to common shareholders of $1.197 million, or $.22 per share for the second quarter of 2013. Operating results for the first six months of 2014 totaled $1.466 million or $.27 per share compared to $1.873 million or $.34 per share for the same period in 2013. The consolidated operating results for 2014 were impacted by costs associated with strategic initiatives. The Corporation incurred $.272 million of expenses related to acquisition initiatives and also recorded an after tax loss from the asset based lending subsidiary of $.297 million. The combination of these two initiatives had a negative after tax impact of $.477 million, or $.09 per share.
MFNC: 11.00 (+0.03)

Mackinac Financial Corporation to Acquire Peninsula Financial Corporation
Marketwire - Fri Jul 18, 3:30PM CDT
Mackinac Financial Corporation (NASDAQ: MFNC)
MFNC: 11.00 (+0.03)




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