Vitals
  • Total Assets
    109.5M 2.4 %
  • Total Deposits
    98.0M 0.5 %
  • Total Net Loans
    73.5M 31.8 %
  • Net Income
    609000.0000 173.1 %
  • Book Value
    9.6M 7.5 %
  • Book Value x2
    19.1M 7.5 %
  • Book Value x3
    28.7M 7.5 %
ROAA

.556

ROAE

6.568

Efficiency Ratio

91.89

Net Interest Margin

2.808

Balance Sheet Highlights
Financial Highlights Mackinac Savings Bank, F.S.B. All Insured Savings Banks in Florida
Balance Sheet $(000)
Total Assets 109,507 3,025,401
Total Net Loans 73,470 2,623,152
Total Deposits 97,974 2,164,796
Total Equity 9,560 266,607
Profitability
Net Income 609 17,035
Return on Average Assets .556 .721
Return on Average Equity 6.568 3.273
Net Interest Margin 2.808 3.241
Efficiency Ratio 91.89 94.645
Noninterest Income/Revenue 40.1 16.59
Balance Sheet Ratios
Loan-to-Deposit 74.989 87.619
Securities/Assets .036
Total Equity/Total Assets .087 .088
Tangible Equity/Tangible Assets .076 .076
Capital Adequacy
Tier 1 Common Capital 9,271 263,719
Tier 1 Capital 9,271 263,719
Tier 2 Capital 492 12,640
Total Capital 9,763 276,359
Total Risk Weighted Assets 39,008 1,952,254
Leverage Ratio 8.33 19.726
Common Equity Tier 1 Capital Ratio 23.77 55.428
Tier 1 Capital Ratio 23.77 55.428
Total Capital Ratio 25.03 56.21

Timeline for Mackinac Savings Bank, F.S.B.

Coral Coast Federal Savings Bank

Acquisition: Mackinac Savings Bank, F.S.B. acquired a new subsidiary, Coral Coast Federal Savings Bank, 30 years

View Profile Jul 16 1994

Mackinac Savings Bank, F.S.B.

Mackinac Savings Bank, F.S.B. was established 30 years ago and is currently headquartered in Boynton Beach, FL.

Jul 15 1994
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Coral Coast Federal Savings Bank Seller 7,419 Failure 7/16/1994
Relationships Role Relationship Start Relationship End
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