Mackinac Financial Corporation

Manistique, Mich. | See all recipients in Michigan
$11M
Disbursed
$10.4M
Returned
$3.14M
Revenue to Gov't
$2.52M
Profit
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
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.
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
This amount reflects the sum of dividends paid up to 5/31/2009
04/24/2009 Purchase $11,000,000 CPP
Preferred Stock w/ Warrants
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