Peoples’ income hurt by gaming client
by Wally Northway Published: October 21,2009
Tags: banking and finance, loan loss, publicly traded company
BILOXI — Peoples Financial Corporation earned $974,000 in the third quarter of 2009, reversing a loss recorded in the same period last year due to non-cash charges related to an investment in preferred shares of Federal Home Loan Mortgage Company, commonly known as Freddie Mac. Net income for the third quarter of 2009 was reduced [...] [...]
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