MFNC - Mackinac Financial Corporation

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue12/31/201812/31/201712/31/201612/31/2015
Total Revenue50,89341,35436,65131,805
Cost of Revenue----
Gross Profit50,89341,35436,65131,805
Operating Expenses
Research Development----
Selling General and Administrative31,96125,68922,99120,037
Non Recurring----
Others4,5063,4783,1033,001
Total Operating Expenses36,46729,16726,09423,038
Operating Income or Loss14,42612,18710,5578,767
Income from Continuing Operations
Total Other Income/Expenses Net-3,833-1,169-3,791-838
Earnings Before Interest and Taxes----
Interest Expense----
Income Before Tax10,59311,0186,7667,929
Income Tax Expense2,2265,5392,2832,333
Minority Interest----
Net Income From Continuing Ops8,3675,4794,4835,596
Non-recurring Events
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Changes----
Other Items----
Net Income
Net Income8,3675,4794,4835,596
Preferred Stock And Other Adjustments----
Net Income Applicable To Common Shares8,3675,4794,4835,596