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 [...] [...]
JACKSON — EastGroup Properties says profits rose in the fourth quarter as occupancy increased and expansion continued. The real estate investment trust says quarterly profit rose to $6.4 million, or 24 cents per share. That’s up 30 percent from $4.9 million, or 18 cents per share, in the same three months of 2010. Analysts polled [...] [...]
JACKSON — Trustmark Corporation reports net income available to common shareholders of $106.8 million for the year ended Dec. 31, 2011, which represented diluted earnings per common share of $1.66, an increase of 5.7 percent compared to figures one year earlier. Trustmark during 2011 produced a return on average tangible common equity of 12.25 percent [...] [...]
by MBJ Staff Published: January 18,2012
Tags: banking and finance, Banks, deposits, earnings, financial institutions, income, loan losses, loans, publicly traded company, revenues
TUPELO — Renasant Corporation, for the fourth quarter of 2011, saw net income of $5.79 million, compared to $4.721 million for the fourth quarter of 2010. Basic and diluted earnings per share (EPS) were $0.23 for the fourth quarter of 2011 as compared to basic and diluted EPS of $0.19 for the fourth quarter of [...] [...]
MADISON — Phosphate Holdings Inc. reported a third quarter 2011 profit of $1.5 million, or $0.18 per diluted share of common stock, compared to earnings of $2.5 million, or $0.30 per diluted share of common stock, for the same period in 2010. Total net sales for the third quarter of 2011 were $94.7 million, a [...] [...]
NATCHEZ — Fred Adams Jr., founder, former CEO and current chairman of the board of directors of Cal-Maine Foods Inc., suffered a mild stroke while attending the International Egg Commission meeting in National Harbor, Md. “Fred Adams suffered a mild stroke, but he is alert and resting comfortably in a Falls Church, Va., hospital,” said [...] [...]
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