Mackinac Financial Corporation Announces Annual Results for 2006 (SYS-CON Media)
Mackinac Financial Corporation (NASDAQ: MFNC), the holding company for mBank, has reported net income of $1.716million, or $.50 per share, for the year ended December 31, 2006, comparedto a net loss of $7.364 million, or $2.15 per share, for 2005. Weightedaverage shares outstanding amounted to 3,428,695 in both years.
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