Mississippi Business Journal » loan provisions http://msbusiness.com Mississippi Business Journal Wed, 22 May 2013 14:27:18 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Peoples Financial reports increased earnings, decreased loan losses http://msbusiness.com/blog/2012/05/01/peoples-financial-reports-increased-earnings-decreased-loan-losses/?utm_source=rss&utm_medium=rss&utm_campaign=peoples-financial-reports-increased-earnings-decreased-loan-losses http://msbusiness.com/blog/2012/05/01/peoples-financial-reports-increased-earnings-decreased-loan-losses/#comments Tue, 01 May 2012 19:44:15 +0000 Associated Press http://msbusiness.com/?p=56555 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. [...]

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]]> http://msbusiness.com/blog/2012/05/01/peoples-financial-reports-increased-earnings-decreased-loan-losses/feed/ 0 Trustmark’s profits soar on fewer bad loans, Florida acquisition http://msbusiness.com/blog/2012/04/25/trustmarks-profits-soar-on-fewer-bad-loans-florida-acquisition/?utm_source=rss&utm_medium=rss&utm_campaign=trustmarks-profits-soar-on-fewer-bad-loans-florida-acquisition http://msbusiness.com/blog/2012/04/25/trustmarks-profits-soar-on-fewer-bad-loans-florida-acquisition/#comments Wed, 25 Apr 2012 20:08:45 +0000 Associated Press http://msbusiness.com/?p=56158 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 [...]

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]]> http://msbusiness.com/blog/2012/04/25/trustmarks-profits-soar-on-fewer-bad-loans-florida-acquisition/feed/ 1 Peoples restates earnings to account for more loan losses http://msbusiness.com/blog/2012/03/21/peoples-restates-earnings-to-account-for-more-loan-losses/?utm_source=rss&utm_medium=rss&utm_campaign=peoples-restates-earnings-to-account-for-more-loan-losses http://msbusiness.com/blog/2012/03/21/peoples-restates-earnings-to-account-for-more-loan-losses/#comments Wed, 21 Mar 2012 14:50:23 +0000 MBJ Staff http://msbusiness.com/?p=54369 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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