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Press release content from Globe Newswire. The AP news staff was not involved in its creation. Mackinac Financial Corporation Reports 2020 Fourth Quarter and Annual Results Mackinac Financial CorporationJanuary 28, 2021 GMT MANISTIQUE, Mich., Jan. 28, 2021 (GLOBE NEWSWIRE) Mackinac Financial Corporation (Nasdaq: MFNC) (the “Corporation”), the bank holding company for mBank, today announced 2020 net income of $13.47 million, or $1.27 per share, compared to 2019 net income of $13.85 million, or $1.29 per share. The Corporation had fourth quarter 2020 net income of $3.64 million, or $.35 per share, compared to 2019 fourth quarter net income of $3.30 million, or $.31 per share.   Total assets of the Corporation at December 31, 2020 were $1.50 billion, compared to $1.32 billion at December 31, 2019. Shareholders’ equity at December 31, 2020 totaled $167.86 million, compared to $161.92 million at December 31, 2019. Book value per share outstanding equated to $15.99 at the end

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