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GuruFocus has detected 4 Warning Signs with Mackinac Financial Corp $MFNC.
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Mackinac Financial Corp (NAS:MFNC)
Cash and cash equivalents
$54.61 Mil (As of Mar. 2017)

Mackinac Financial Corp's quarterly cash and cash equivalents declined from Sep. 2016 ($60.25 Mil) to Dec. 2016 ($58.67 Mil) and declined from Dec. 2016 ($58.67 Mil) to Mar. 2017 ($54.61 Mil).

Mackinac Financial Corp's annual cash and cash equivalents increased from Dec. 2014 ($27.74 Mil) to Dec. 2015 ($30.09 Mil) and increased from Dec. 2015 ($30.09 Mil) to Dec. 2016 ($58.67 Mil).


Definition

Cash and cash equivalents on banks book.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Mackinac Financial Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
BS_CashAndCashEquivalents 8.0110.6919.1123.4320.0826.9718.2327.7430.0958.67

Mackinac Financial Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
BS_CashAndCashEquivalents 27.7430.0722.0033.6730.0923.0047.4160.2558.6754.61
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