Mackinac Financial Corporation Reports Third Quarter EPS of $.45

Mackinac Financial Corporation MFNC today announced a third quarter 2010 loss of $.104 million or $(.03) per share compared to net income of $1.536 million, or $.45 per share for the third quarter of 2009. Net income for the first nine months of 2010 totaled $.934 million, or $.27 per share, compared to $2.087 million, or $.61 per share, for the same period in 2009.