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Mackinac Financial Corporation (NAS:MFNC)
Total Deposits
$466.30 Mil (As of Dec. 2013)

Mackinac Financial Corporation's total deposits for the quarter that ended in Dec. 2013 was $466.30 Mil.

Mackinac Financial Corporation's quarterly total deposits increased from Jun. 2013 ($447.91 Mil) to Sep. 2013 ($461.69 Mil) and increased from Sep. 2013 ($461.69 Mil) to Dec. 2013 ($466.30 Mil).

Mackinac Financial Corporation's annual total deposits increased from Dec. 2011 ($404.79 Mil) to Dec. 2012 ($434.56 Mil) and increased from Dec. 2012 ($434.56 Mil) to Dec. 2013 ($466.30 Mil).


Definition

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Mackinac Financial Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
BS_TotalDeposits 215.65232.63312.42320.83371.10421.39386.78404.79434.56466.30

Mackinac Financial Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
BS_TotalDeposits 405.06404.79412.09425.38439.36434.56425.24447.91461.69466.30
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