by Associated Press Published: May 1,2012
Tags: banking, Banks, earnings, financial institutions, loan losses, loan provisions, loans, net income, profits, publicly traded company
BILOXI — Peoples Financial Corporation, parent of The Peoples Bank, reported net income of $505,000 for the first quarter of 2012, a 15.3 percent increase over the first quarter of 2011. Loan volume increased 5.3 percent over the first quarter of 2011 to $428 million, compared to $407 million in the same period last year. [...] [...]
by Associated Press Published: April 25,2012
Tags: acquisitions, banking, Banks, earnings, finance, financial institutions, loan provisions, loans, mergers, new income, profits, publicly traded company
JACKSON — Trustmark Corp. said profits rose strongly in the first quarter as the bank set aside less for bad loans and earned a windfall on buying a Florida bank. The bank said it earned $30.3 million, or 47 cents per share, in the quarter that ended March 31. That’s 26 percent higher than the [...] [...]
BILOXI — Peoples Financial Corporation, parent of The Peoples Bank, has revised fourth quarter and 2011 earnings to account for an additional loan loss provision of $660,000, announced Chevis C. Swetman, chairman and CEO of the holding company and the bank. As a result of the revisions, fourth quarter earnings totaled ($622,000) for the fourth [...] [...]
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