Mackinac Financial Corporation

OXFORD BANK CORPORATION ANNOUNCES RETIREMENT OF RICHARD MILLER AND APPOINTMENT OF JESSE DEERING AS CHIEF FINANCIAL OFFICER AND TREASURER

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星期一, 六月 20, 2022

OXFORD, Mich., June 20, 2022 /PRNewswire/ -- Oxford Bank Corporation ("Oxford" or "the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), announced today that Senior Vice President & Chief Financial Officer, Richard K. Miller, will be retiring in 2023.

Key Points: 
  • OXFORD, Mich., June 20, 2022 /PRNewswire/ -- Oxford Bank Corporation ("Oxford" or "the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), announced today that Senior Vice President & Chief Financial Officer, Richard K. Miller, will be retiring in 2023.
  • The Company's Board of Directors have appointed, Jesse A. Deering, age 42, as Executive Vice President and Chief Financial Officer of both the Bank and Company, effective June 20, 2022.
  • Mr. Miller has served as SVP & CFO of Oxford and the Bank since September 18, 2017.
  • Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company.

Flushing Financial Corporation Announces 1 Million Increase in Share Repurchase Authorization; Declares Quarterly Dividend of $0.22 per Share

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星期二, 五月 17, 2022

Stock can be purchased from time to time, in the open market or through private transactions, subject to market conditions.

Key Points: 
  • Stock can be purchased from time to time, in the open market or through private transactions, subject to market conditions.
  • John R. Buran, the Companys President and Chief Executive Officer, stated: The Board of Directors authorized an increase of 1 million shares to our current repurchase program.
  • This quarters dividend marks the 103rd consecutive quarterly dividend.
  • The increase in the share repurchase authorization and the quarterly dividend payment, highlights our commitment to shareholders while supporting and investing in the franchise over the short and long term.

Nicolet Bankshares, Inc. Announces Increase to Share Repurchase Program

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星期三, 十二月 22, 2021

GREEN BAY, Wis., Dec. 22, 2021 /PRNewswire/ --Nicolet Bankshares, Inc.(NASDAQ: NCBS) ("Nicolet" or the "Company"), the holding company ofNicolet National Bank, aWisconsin-based community bank, announced that its Board of Directors authorized an increase to the Company's common stock repurchase program onDecember 21, 2021.

Key Points: 
  • GREEN BAY, Wis., Dec. 22, 2021 /PRNewswire/ --Nicolet Bankshares, Inc.(NASDAQ: NCBS) ("Nicolet" or the "Company"), the holding company ofNicolet National Bank, aWisconsin-based community bank, announced that its Board of Directors authorized an increase to the Company's common stock repurchase program onDecember 21, 2021.
  • This amendment, coupled with previous remaining repurchase authorizations of $31 million, provides the Company with the ability to repurchase up to $81 million of its common stock.
  • Mike Daniels, President and CEO of Nicolet, said, "This action by the Board is consistent with Nicolet's long-term view of our stock and the company in general.
  • The common stock repurchase plan does not obligate the Company to acquire any particular amount of common stock.

Peoples Financial Corporation Declares Semi-Annual Dividend

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星期二, 十一月 23, 2021

BILOXI, Miss., Nov. 23, 2021 /PRNewswire/ -- Peoples Financial Corporation (the "Company")(OTCQX Best Market: PFBX), parent of The Peoples Bank, announced that the Board of Directors of the Company had declared a semi-annual dividend of $0.06 per share on its common stock.

Key Points: 
  • BILOXI, Miss., Nov. 23, 2021 /PRNewswire/ -- Peoples Financial Corporation (the "Company")(OTCQX Best Market: PFBX), parent of The Peoples Bank, announced that the Board of Directors of the Company had declared a semi-annual dividend of $0.06 per share on its common stock.
  • The dividend will be payable on December 8, 2021 to shareholders of record on December 3, 2021.
  • We are pleased to declare this semi-annual dividend of $0.06 per share," said Chevis C. Swetman, chairman and chief executive officer of the Company and the Bank.
  • Peoples Financial Corporation's common stock is listed on the OTCQX Best Market under thesymbol PFBX.

Nicolet Bankshares, Inc. Announces Branch Optimization Strategy To Better Align With Customer Actions

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星期二, 九月 7, 2021

Nicolet has notified employees in the affected branches, and customer notification letters are expected to be issued this week.

Key Points: 
  • Nicolet has notified employees in the affected branches, and customer notification letters are expected to be issued this week.
  • While we still view the branch system as an effective way to serve our customers, we also recognize the need to continue our investments in digital channels.
  • We intend to find the right balance of investing in traditional branch channels and non-branch channels.
  • "This decision was made after many conversations and looking at all alternatives," said Eric Witczak, Executive Vice President, Nicolet National Bank.

Mackinac Financial Corporation Declares Cash Dividend On Common Stock

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星期五, 六月 18, 2021

MANISTIQUE, Mich., June 18, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the Bank), announced the approval of a cash dividend by its Board of Directors on June 18, 2021.

Key Points: 
  • MANISTIQUE, Mich., June 18, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the Bank), announced the approval of a cash dividend by its Board of Directors on June 18, 2021.
  • The Board of Directors declared a cash dividend of $.14 per common share for the second quarter of 2021, payable July 16, 2021 to shareholders of record at July 2, 2021.
  • Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $1.5 billion and whose common stock is traded on the NASDAQ stock market as MFNC.
  • Mackinac Financial Corporation undertakes no obligation to revise, update, or clarify forward-looking statements to reflect events or conditions after the date of this release.

MACKINAC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Mackinac Financial Corporation - MFNC

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星期二, 五月 4, 2021

b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Key Points: 
  • b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
  • and the law firm of Kahn Swick & Foti, LLC (\xe2\x80\x9cKSF\xe2\x80\x9d) are investigating the proposed sale of Mackinac Financial Corporation (NasdaqGS: MFNC) to Nicolet Bankshares, Inc. (NasdaqGS: NCBS).
  • Under the terms of the proposed transaction, shareholders of Mackinac will receive only 4.64 in cash and 0.22 shares of Nicolet for each share of Mackinac that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.\nIf you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( [email protected] ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-mfnc/ to learn more.\nTo learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210504006033/en/\n'

MACKINAC INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Mackinac Financial Corporation - MFNC

Retrieved on: 
星期四, 四月 15, 2021

b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

Key Points: 
  • b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
  • and the law firm of Kahn Swick & Foti, LLC (\xe2\x80\x9cKSF\xe2\x80\x9d) are investigating the proposed sale of Mackinac Financial Corporation (NasdaqGS: MFNC) to Nicolet Bankshares, Inc. (NasdaqGS: NCBS).
  • Under the terms of the proposed transaction, shareholders of Mackinac will receive only 0.22 shares of Nicolet and $4.64 for each share of Mackinac that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.\nIf you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( [email protected] ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-mfnc/ to learn more.\nTo learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210414005970/en/\n'

Mackinac Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Mackinac Financial Corporation Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – MFNC

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星期二, 四月 13, 2021

b'Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Mackinac Financial Corporation (NASDAQ: MFNC) to Nicolet Bankshares, Inc. is fair to Mackinac shareholders.

Key Points: 
  • b'Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Mackinac Financial Corporation (NASDAQ: MFNC) to Nicolet Bankshares, Inc. is fair to Mackinac shareholders.
  • On behalf of Mackinac shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.\nHalper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.\nAttorney Advertising.
  • Prior results do not guarantee a similar outcome.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210413005951/en/\n'

Mackinac Financial Corporation Declares Cash Dividend on Common Stock

Retrieved on: 
星期二, 三月 30, 2021

MANISTIQUE, Mich., March 30, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the Bank), announced the approval of a cash dividend by its Board of Directors on March 30, 2021.

Key Points: 
  • MANISTIQUE, Mich., March 30, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the Bank), announced the approval of a cash dividend by its Board of Directors on March 30, 2021.
  • The Board of Directors declared a cash dividend of $.14 per common share for the first quarter of 2021, payable April 23, 2021 to shareholders of record at April 13, 2021.
  • Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $1.5 billion and whose common stock is traded on the NASDAQ stock market as MFNC.
  • Mackinac Financial Corporation undertakes no obligation to revise, update, or clarify forward-looking statements to reflect events or conditions after the date of this release.