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Net interest income is the income earned by banks from the fund they have on their balance sheet. Mackinac Financial Corp's net interest income for the three months ended in Jun. 2016 was $8.00 Mil. Its net interest income for the trailing twelve months (TTM) ended in Jun. 2016 was $29.88 Mil.
Mackinac Financial Corp's quarterly net interest income declined from Dec. 2015 ($7.37 Mil) to Mar. 2016 ($7.29 Mil) but then increased from Mar. 2016 ($7.29 Mil) to Jun. 2016 ($8.00 Mil).
Mackinac Financial Corp's annual net interest income increased from Dec. 2013 ($21.40 Mil) to Dec. 2014 ($23.53 Mil) and increased from Dec. 2014 ($23.53 Mil) to Dec. 2015 ($29.12 Mil).
Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.
Mackinac Financial Corp Net Interest Income for the trailing twelve months (TTM) ended in Jun. 2016 was 7.235 (Sep. 2015 ) + 7.365 (Dec. 2015 ) + 7.288 (Mar. 2016 ) + 7.996 (Jun. 2016 ) = $29.88 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Mackinac Financial Corp Annual Data
Mackinac Financial Corp Quarterly Data