Last $10.74 USD
Change Today -0.01 / -0.09%
Volume 801.0
MFNC On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 10:03 AM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Paul D. Tobias

Chairman, Chief Executive Officer and Chairman of mBank, Mackinac Financial Corporation
AgeTotal Calculated CompensationThis person is connected to 49 board members in 4 different organizations across 4 different industries.

See Board Relationships
63$346,273
As of Fiscal Year 2013

Background*

Mr. Paul D. Tobias has been the Chairman and Chief Executive Officer of Mackinac Financial Corporation since November 2006. Mr. Tobias has been the Chairman of mBank, subsidiary of Mackinac Financial Corp. since December 2004. He has been Chairman and Chief Executive Officer of Mackinac Partners LLC since January 2000 and serves as its Managing Partner. He is a veteran of the asset management, investment and commercial banking businesses. He served as the Chief Executive ...

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Corporate Headquarters*

130 South Cedar Street
Manistique, Michigan 49854

United States

Phone: 888-343-8147
Fax: --

Board Members Memberships*

Trustee
Former Chairman
2004-Present
Chairman of The Board, Chairman of Mackinac Financial Corporation and Chief Executive Officer of Mackinac Financial Corporation
2007-Present
Chairman, Chief Executive Officer and Chairman of mBank

Education*

There is no Education data available.

Other Affiliations*

Annual Compensation*

Salary$285,000
Bonus$40,000
Total Annual Compensation$325,000

Stock Options*

All Other Compensation$21,273
Exercisable Options70,502
Exercisable Options Value$10,575
Total Value of Options$16,500
Total Number of Options110,005

Total Compensation*

Total Annual Cash Compensation$346,273
Total Short Term Compensation$325,000
Other Long Term Compensation$21,273
Total Calculated Compensation$346,273
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Shaun A. Burke Chief Executive Officer, President, Director, Chief Executive Officer of Guaranty Bank, President of Guaranty Bank and Director of Guaranty Bank
Guaranty Federal Bancshares Inc.
$300.6K
Brian D. Young CPAChief Executive Officer, President, Director, Chairman of The Union Bank Company and Chief Executive Officer of The Union Bank Company
United Bancshares Inc.
$282.5K
James A. Bosserd Chief Executive Officer, President, Director, Member of Executive & Loan Review Committee, Chief Executive Officer of Choiceone Bank, President of Choiceone Insurance Agencies Inc, President of Choiceone Bank and Director of Choiceone Bank
ChoiceOne Financial Services Inc.
$242.7K
Peter W. Knitt Chief Executive Officer, President, Director, Chief Executive Officer of Peoples State Bank and President of Peoples State Bank
PSB Holdings Inc.
$248.5K
Compensation as of Fiscal Year 2013.

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