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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)
  03-2015 12-2014 09-2014 06-2014 03-2014
Cash Flows From Operating Activities
Net Income 1,371 1,700 2,352 1,466 660
Depreciation Amortization 414 1,503 1,115 751 391
Income taxes - deferred 712 1,129 1,203 748 334
Other Working Capital 2,662 2,225 -345 38 -57
Other Operating Activity 456 1,884 1,101 642 324
Operating Cash Flow $5,615 $8,441 $5,426 $3,645 $1,652
Cash Flows From Investing Activities
PPE Investments 99 -521 -280 -56 38
Net Acquisitions N/A -4,484 N/A N/A N/A
Purchase Of Investment -151 -8,317 -8,257 -3,243 -3,027
Sale Of Investment 3,127 9,536 4,059 504 149
Net Loans 3,445 -50,969 -35,022 -19,354 -2,272
Other Investing Activity -35 -225 -225 -225 0
Investing Cash Flow $6,485 $-54,980 $-39,725 $-22,374 $-5,112
Cash Flows From Financing Activities
Debt Issued -7 12,367 14,830 4,235 1,000
Debt Repayment N/A -373 -273 N/A N/A
Common Stock Repurchased -265 -143 -143 -143 -143
Dividend Paid -469 -1,308 -840 -553 -276
Other Financing Activity -9,060 39,724 24,907 17,717 9,411
Financing Cash Flow $-9,801 $50,267 $38,481 $21,256 $9,992
Beginning Cash Position 21,947 18,219 18,219 18,219 18,219
End Cash Position 24,246 21,947 22,401 20,746 24,751
Net Cash Flow $2,299 $3,728 $4,182 $2,527 $6,532
Free Cash Flow
Operating Cash Flow 5,615 8,441 5,426 3,645 1,652
Capital Expenditure -324 -1,433 -1,156 -798 -499
Free Cash Flow 5,291 7,008 4,270 2,847 1,153
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