Mackinac Financial Corporation
Manistique,
Mich. |
See all recipients in Michigan
| $11M Disbursed |
| $10.4M Returned |
| $3.14M Revenue to Gov't |
| $2.52M Profit |
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Events
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$1.3M Revenue
Dec. 10, 2012 Warrant Proceeds
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$21.3K Revenue
Aug. 29, 2012 Dividend - Cumulative
Part of Capital Purchase Program -
$10.4M Payback
Aug. 23, 2012 Partial Repayment
On 8/23/2012, Treasury executed an underwriting agreement for the sale of 11,000 shares of Mackinac Financial Corporation preferred stock at $958.09 per share (less underwriting discounts) for net proceeds of $10,380,905.15 plus accrued dividends.
Part of Capital Purchase ProgramMore info from www.treasury.gov -
$138K Revenue
Aug. 15, 2012 Dividend - Cumulative
Part of Capital Purchase Program -
$138K Revenue
May 14, 2012 Dividend - Cumulative
Part of Capital Purchase Program -
$138K Revenue
Feb. 13, 2012 Dividend - Cumulative
Part of Capital Purchase Program -
$138K Revenue
Nov. 14, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$138K Revenue
Aug. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$138K Revenue
May 16, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$138K Revenue
Feb. 15, 2011 Dividend - Cumulative
Part of Capital Purchase Program -
$138K Revenue
Nov. 15, 2010 Dividend - Cumulative
Part of Capital Purchase Program -
$138K Revenue
Aug. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$138K Revenue
May 17, 2010 Dividends payment
Part of Capital Purchase Program -
$138K Revenue
Feb. 16, 2010 Dividends payment
Part of Capital Purchase Program -
$138K Revenue
Nov. 16, 2009 Dividends payment
Part of Capital Purchase Program -
$138K Revenue
Aug. 17, 2009 Dividends Paid in Aug. 2009
Part of Capital Purchase Program -
$32.1K Revenue
May 31, 2009 Dividends Paid Through 5/31/2009
This amount reflects the sum of dividends paid up to 5/31/2009
Part of Capital Purchase Program -
$11M Bailout
Apr. 24, 2009 Preferred Stock w/ Warrants
Part of Capital Purchase ProgramMore info from www.financialstability.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 12/10/2012 | Warrant | $1,300,000 | CPP | Warrant Proceeds |
| 08/29/2012 | Dividend | $21,340 | CPP | Dividend - Cumulative |
| 08/23/2012 | Refund | $10,380,905 | CPP | Partial Repayment |
| 08/15/2012 | Dividend | $137,500 | CPP | Dividend - Cumulative |
| 05/14/2012 | Dividend | $137,500 | CPP | Dividend - Cumulative |
| 02/13/2012 | Dividend | $137,500 | CPP | Dividend - Cumulative |
| 11/14/2011 | Dividend | $137,500 | CPP | Dividend - Cumulative |
| 08/15/2011 | Dividend | $137,500 | CPP | Dividend - Cumulative |
| 05/16/2011 | Dividend | $137,500 | CPP | Dividend - Cumulative |
| 02/15/2011 | Dividend | $137,500 | CPP | Dividend - Cumulative |
| 11/15/2010 | Dividend | $137,500 | CPP | Dividend - Cumulative |
| 08/16/2010 | Dividend | $137,500 | CPP | Dividends payment |
| 05/17/2010 | Dividend | $137,500 | CPP | Dividends payment |
| 02/16/2010 | Dividend | $137,500 | CPP | Dividends payment |
| 11/16/2009 | Dividend | $137,500 | CPP | Dividends payment |
| 08/17/2009 | Dividend | $137,500 | CPP | Dividends Paid in Aug. 2009 |
| 05/31/2009 | Dividend | $32,083 | CPP | Dividends Paid Through 5/31/2009 |
| 04/24/2009 | Purchase | $11,000,000 | CPP | Preferred Stock w/ Warrants |
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