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Mackinac Financial (MFNC)

Mackinac Financial (MFNC)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  06-2016 03-2016 12-2015 09-2015 06-2015
Cash Flows From Operating Activities
Net Income 1,007 1,132 5,596 4,003 2,985
Depreciation Amortization 825 395 1,670 1,265 841
Income taxes - deferred 559 585 2,333 2,074 1,548
Other Working Capital 1,475 -998 1,808 1,977 1,892
Other Operating Activity 338 69 1,685 1,026 561
Operating Cash Flow $4,204 $1,183 $13,092 $10,345 $7,827
Cash Flows From Investing Activities
PPE Investments -455 -90 361 67 375
Net Acquisitions -1,900 N/A N/A N/A N/A
Purchase Of Investment -5,225 -5,225 -23,894 -16,390 -10,016
Sale Of Investment 10,906 5,238 35,895 28,350 15,743
Net Loans -28,383 -946 -19,321 -19,185 -14,715
Other Investing Activity 100 199 971 708 459
Investing Cash Flow $-24,957 $-824 $-5,988 $-6,450 $-8,154
Cash Flows From Financing Activities
Debt Issued 14,050 10,800 -3,367 121 14,837
Debt Repayment -200 -100 -725 -374 -200
Common Stock Repurchased -150 -99 -1,122 -791 -506
Dividend Paid -1,246 -607 -2,179 -1,578 -938
Other Financing Activity 0 -17,345 0 15,361 -18,152
Financing Cash Flow $35,980 $-7,351 $-4,043 $12,739 $-4,959
Beginning Cash Position 25,008 25,008 21,947 21,947 21,947
End Cash Position 40,235 18,016 25,008 38,581 16,661
Net Cash Flow $15,227 $-6,992 $3,061 $16,634 $-5,286
Free Cash Flow
Operating Cash Flow 4,204 1,183 13,092 10,345 7,827
Capital Expenditure -1,020 -337 -1,341 -1,123 -674
Free Cash Flow 3,184 846 11,751 9,222 7,153
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