UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): June 22, 2020

 

MACKINAC FINANCIAL CORPORATION

 

(previous filings under the name NORTH COUNTRY FINANCIAL CORPORATION)

(Exact name of registrant as specified in its charter)

 

MICHIGAN 0-20167 38-2062816
 
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

 

130 SOUTH CEDAR STREET, MANISTIQUE, MICHIGAN 49854
 
(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code: (888) 343-8147

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ¨

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each
class 		Trading
Symbol(s) 		Name of each exchange on which registered
Common Stock MFNC Nasdaq Stock Market

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On June 22, 2020, Mackinac Financial Corporation (the “Company”) reported its Board of Directors has approved a cash dividend of $.14 per common share, payable July 20, 2020 to shareholders of record as of July 6, 2020.

 

The Company issued a press release announcing the dividend. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

 

The information contained in this item, including that which is incorporated by reference, is being furnished to the Securities and Exchange Commission (the “SEC”). Such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information shall not be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

 

(d) Exhibits

 

The following exhibits are furnished herewith:

 

EXHIBIT
NUMBER   EXHIBIT DESCRIPTION
     
99.1   Press Release of Mackinac Financial Corporation dated June 22, 2020

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MACKINAC FINANCIAL CORPORATION
   
Date: June 22, 2020  
  By: /s/ Jesse A. Deering
    Jesse A. Deering
    EVP/CFO

 

 

 

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