 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. 