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Tag Archives: Hugh S. Potts Jr.

Regional bank M&F puts losses of 2009 behind it

KOSCIUSKO — Regional banking company First M&F Corp found the black in 2010, turning a loss of $60.6 million in 2009 into net income of $4 million. Helped by an exchange of preferred stock, earnings to common shareholders totaled $15 million, or $1.66 per share, compared to a loss of $60.6 million, or  $6.69 a share, for 2009. Earnings attributable ...

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