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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating Activities      
Net income $ 10,818us-gaap_NetIncomeLoss $ 9,200us-gaap_NetIncomeLoss $ 7,246us-gaap_NetIncomeLoss
Items not requiring cash      
Provision for loan losses 850us-gaap_ProvisionForLoanLeaseAndOtherLosses 1,300us-gaap_ProvisionForLoanLeaseAndOtherLosses 6,025us-gaap_ProvisionForLoanLeaseAndOtherLosses
Depreciation and amortization 4,113us-gaap_DepreciationAmortizationAndAccretionNet 5,756us-gaap_DepreciationAmortizationAndAccretionNet 6,736us-gaap_DepreciationAmortizationAndAccretionNet
Deferred income tax 914us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 2,213us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 582us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Loans originated for sale (67,295)us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale (67,787)us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale (42,060)us-gaap_PaymentsForOriginationAndPurchasesOfLoansHeldForSale
Proceeds from sales of loans held for sale 64,614us-gaap_ProceedsFromSaleOfLoansHeldForSale 70,926us-gaap_ProceedsFromSaleOfLoansHeldForSale 43,171us-gaap_ProceedsFromSaleOfLoansHeldForSale
Gain on sale of loans held for sale (1,849)us-gaap_GainLossOnSaleOfLoansAndLeases (852)us-gaap_GainLossOnSaleOfLoansAndLeases (1,870)us-gaap_GainLossOnSaleOfLoansAndLeases
Gain on sale of securities - available for sale (313)us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments (835)us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments (2,831)us-gaap_AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
Loss on sale of other real estate and repossessed assets 53us-gaap_GainLossOnSaleOfOtherAssets 320us-gaap_GainLossOnSaleOfOtherAssets 564us-gaap_GainLossOnSaleOfOtherAssets
Prepaid FDIC premium   1,647us-gaap_IncreaseDecreaseInPrepaidExpense 1,174us-gaap_IncreaseDecreaseInPrepaidExpense
Change in      
Interest receivable and other assets (213)mfsf_IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets (412)mfsf_IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets 1,201mfsf_IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets
Interest payable and other liabilities 774mfsf_IncreaseDecreaseInAccruedInterestPayableAndOtherLiabilities 507mfsf_IncreaseDecreaseInAccruedInterestPayableAndOtherLiabilities 726mfsf_IncreaseDecreaseInAccruedInterestPayableAndOtherLiabilities
Cash value of life insurance (1,158)us-gaap_LifeInsuranceCorporateOrBankOwnedChangeInValue (1,396)us-gaap_LifeInsuranceCorporateOrBankOwnedChangeInValue (1,351)us-gaap_LifeInsuranceCorporateOrBankOwnedChangeInValue
Other equity adjustments   474us-gaap_OtherNoncashIncomeExpense 624us-gaap_OtherNoncashIncomeExpense
Other adjustments 702us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 558us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 524us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 12,010us-gaap_NetCashProvidedByUsedInOperatingActivities 21,619us-gaap_NetCashProvidedByUsedInOperatingActivities 20,461us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing Activities      
Net change in interest earning deposits     1,415us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks
Purchases of securities      
Purchases of securities, available for sale (48,001)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (99,766)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (114,448)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Proceeds from maturities and paydowns of securities      
Available for sale 31,709us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 53,348us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 68,847us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Proceeds from sales of securities, available for sale 28,317us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities 53,179us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities 98,326us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
Redemption of Federal Home Loan Bank stock 2,427us-gaap_PaymentsForProceedsFromFederalHomeLoanBankStock    
Net change in loans (41,611)us-gaap_PaymentsForProceedsFromLoansAndLeases (3,863)us-gaap_PaymentsForProceedsFromLoansAndLeases (88,639)us-gaap_PaymentsForProceedsFromLoansAndLeases
Proceeds from sales of loans transferred to held for sale     3,669us-gaap_ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
Purchases of premises and equipment (1,306)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (1,025)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,139)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Cash paid in acquisition, net (900)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired    
Proceeds from real estate owned sales 7,605us-gaap_ProceedsFromSaleOfOtherRealEstate 3,753us-gaap_ProceedsFromSaleOfOtherRealEstate 4,539us-gaap_ProceedsFromSaleOfOtherRealEstate
Net cash provided by (used in) investing activities (21,760)us-gaap_NetCashProvidedByUsedInInvestingActivities 5,626us-gaap_NetCashProvidedByUsedInInvestingActivities (28,430)us-gaap_NetCashProvidedByUsedInInvestingActivities
Net change in      
Noninterest-bearing, interest-bearing demand and savings deposits 36,828us-gaap_IncreaseDecreaseInDeposits 35,215us-gaap_IncreaseDecreaseInDeposits 79,986us-gaap_IncreaseDecreaseInDeposits
Certificates of deposit (70,593)us-gaap_IncreaseDecreaseInTimeDeposits (106,140)us-gaap_IncreaseDecreaseInTimeDeposits (64,334)us-gaap_IncreaseDecreaseInTimeDeposits
Proceeds from FHLB advances 493,700us-gaap_ProceedsFromFederalHomeLoanBankBorrowings 355,375us-gaap_ProceedsFromFederalHomeLoanBankBorrowings 496,650us-gaap_ProceedsFromFederalHomeLoanBankBorrowings
Repayment of FHLB advances (444,186)us-gaap_RepaymentsOfFederalHomeLoanBankBorrowings (287,122)us-gaap_RepaymentsOfFederalHomeLoanBankBorrowings (523,369)us-gaap_RepaymentsOfFederalHomeLoanBankBorrowings
Repayment of other borrowings (759)us-gaap_RepaymentsOfOtherLongTermDebt (759)us-gaap_RepaymentsOfOtherLongTermDebt (847)us-gaap_RepaymentsOfOtherLongTermDebt
Redemption of preferred stock   (28,924)us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock  
Cash dividends (2,297)us-gaap_PaymentsOfDividends (2,953)us-gaap_PaymentsOfDividends (3,113)us-gaap_PaymentsOfDividends
Other financing activities 1,347us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 570us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 551us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash provided by (used in) financing activities 14,040us-gaap_NetCashProvidedByUsedInFinancingActivities (34,738)us-gaap_NetCashProvidedByUsedInFinancingActivities (14,476)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net Change in Cash and Cash Equivalents 4,290us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (7,493)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (22,445)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents, Beginning of Period 25,285us-gaap_CashAndCashEquivalentsAtCarryingValue 32,778us-gaap_CashAndCashEquivalentsAtCarryingValue 55,223us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents, End of Period 29,575us-gaap_CashAndCashEquivalentsAtCarryingValue 25,285us-gaap_CashAndCashEquivalentsAtCarryingValue 32,778us-gaap_CashAndCashEquivalentsAtCarryingValue
Additional Cash Flows Information      
Interest paid 8,857us-gaap_InterestPaid 11,145us-gaap_InterestPaid 14,808us-gaap_InterestPaid
Income tax paid 2,500us-gaap_IncomeTaxesPaid 1,800us-gaap_IncomeTaxesPaid 600us-gaap_IncomeTaxesPaid
Transfers from loans to foreclosed real estate 2,129mfsf_LoansTransferredFromLoansToOtherRealEstateOwned 5,038mfsf_LoansTransferredFromLoansToOtherRealEstateOwned 5,254mfsf_LoansTransferredFromLoansToOtherRealEstateOwned
Mortgage servicing rights capitalized $ 278mfsf_MortgageServicingRightsCapitalized $ 464mfsf_MortgageServicingRightsCapitalized $ 294mfsf_MortgageServicingRightsCapitalized