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Mackinac Financial Corp (NAS:MFNC)
Total Deposits
$597.91 Mil (As of Mar. 2015)

Mackinac Financial Corp's total deposits for the quarter that ended in Mar. 2015 was $597.91 Mil.

Mackinac Financial Corp's quarterly total deposits increased from Sep. 2014 ($491.21 Mil) to Dec. 2014 ($606.97 Mil) but then declined from Dec. 2014 ($606.97 Mil) to Mar. 2015 ($597.91 Mil).

Mackinac Financial Corp's annual total deposits increased from Dec. 2012 ($434.56 Mil) to Dec. 2013 ($466.30 Mil) and increased from Dec. 2013 ($466.30 Mil) to Dec. 2014 ($606.97 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 Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
BS_TotalDeposits 232.63312.42320.83371.10421.39386.78404.79434.56466.30606.97

Mackinac Financial Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
BS_TotalDeposits 434.56425.24447.91461.69466.30475.71484.02491.21606.97597.91
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