| Business Summary | | The
Peoples
Holding
Company
is
a
bank
holding
company
that
conducts
its
business
activities
through
the
Peoples
Bank
&
Trust
Co.
(the
Bank)
and
its
wholly
owned
subsidiaries,
Peoples
Insurance
Agency,
Dominion
Life
and
Health
P.A.,
Alliance
Finance
Co.
and
Dominion
Co.
The
Bank's
services
include
checking
and
savings
accounts,
business
and
personal
loans,
interim
construction
and
residential
mortgage
loans,
student
loans,
equipment
leasing,
as
well
as
safe
deposit
and
night
depository
facilities.
Automated
teller
machines
located
throughout
the
Bank's
market
area
and
its
PC
Banking
product
provide
24-hour
banking
services.
Accounts
receivable
factoring
is
also
available
to
qualified
businesses.
In
addition
to
a
wide
variety
of
fiduciary
services,
the
Bank
administers
(as
trustee
or
in
other
fiduciary
or
representative
capacities)
pension,
profit
sharing
and
other
employee
benefit
plans,
and
personal
trusts
and
estates.
The
Company
has
41
banking
offices
across
the
state
of
Mississippi. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PHC
is
a
one
bank
holding
company,
for
Peoples
Bank
and
Trust
Company,
offering
banking
services
to
retail
and
commercial
customers.
For
the
six
months
ended
6/30/01,
interest
income
rose
3%
to
$45.1
million.
Net
interest
income
after
loan
loss
prov.
rose
1%
to
$20.4
million.
Net
earnings
rose
15%
to
$6.9
million.
Net
interest
income
reflects
increased
loans,
partially
offset
by
price
competition
for
bank
deposits.
Earnings
reflect
increased
income
for
specialized
products. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Leake, 68 Chairman
of the Company and the Bank | -- | E. Robinson McGraw, 54 Pres,
CEO | $184K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|