Mackinac Financial (MFNC)
N/A x N/A N/A x N/A
Post-market by (Cboe BZX)
21.50 +0.12 (+0.56%) 09/03/21 [NASDAQ]
N/A x N/A N/A x N/A
Post-market 21.50 unch (unch) -
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2020 | 12-2019 | 12-2018 | 12-2017 | 12-2016 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 13,473 | 13,850 | 8,367 | 5,479 | 4,483 |
| Depreciation Amortization | 2,897 | 2,880 | 2,607 | 2,426 | 1,921 |
| Income taxes - deferred | 629 | 1,347 | 874 | 4,954 | 1,798 |
| Other Working Capital | 1,489 | -7,203 | 7,568 | 1,705 | -9,077 |
| Other Operating Activity | -146 | -3,277 | 1,215 | 1,180 | 1,252 |
| Operating Cash Flow | $18,342 | $7,597 | $20,631 | $15,744 | $377 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -3,901 | -870 | -359 | 606 | -529 |
| Net Acquisitions | N/A | N/A | 4,768 | N/A | 553 |
| Purchase Of Investment | -40,180 | -18,839 | -1,989 | -6,530 | -16,105 |
| Sale Of Investment | 37,391 | 29,374 | 63,404 | 16,341 | 26,704 |
| Net Loans | -16,508 | -17,649 | -6,148 | -33,600 | -56,237 |
| Other Investing Activity | 7,378 | 3,157 | 5,807 | 673 | 3,316 |
| Investing Cash Flow | $-15,820 | $-4,827 | $65,483 | $-22,510 | $-42,298 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 94,056 | 28,320 | 2,905 | 18,250 | 16,999 |
| Debt Repayment | -101,353 | -17,985 | -62,738 | -12,277 | -174 |
| Common Stock Issued | N/A | N/A | 32,451 | N/A | N/A |
| Common Stock Repurchased | -3,278 | N/A | N/A | N/A | -150 |
| Dividend Paid | -5,895 | -5,576 | -4,612 | -3,022 | -2,498 |
| Financing Cash Flow | $166,629 | $-17,101 | $-59,383 | $-2,563 | $63,668 |
| Beginning Cash Position | 49,826 | 64,157 | 37,426 | 46,755 | 25,008 |
| End Cash Position | 218,977 | 49,826 | 64,157 | 37,426 | 46,755 |
| Net Cash Flow | $169,151 | $-14,331 | $26,731 | $-9,329 | $21,747 |
| Free Cash Flow | |||||
| Operating Cash Flow | 18,342 | 7,597 | 20,631 | 15,744 | 377 |
| Capital Expenditure | -5,063 | -2,737 | -2,549 | -2,377 | -2,137 |
| Free Cash Flow | 13,279 | 4,860 | 18,082 | 13,367 | -1,760 |