| Business Summary | | Peoples
Financial
Corporation
operates
as
a
one-bank
holding
company
for
The
Peoples
Bank
(the
Bank).
The
Bank
is
the
Company's
principal
asset
and
primary
source
of
revenue.
The
Bank
offers
a
variety
of
loan
and
deposit
services
to
individuals,
and
small-
to
middle-market
businesses
within
its
trade
area.
Deposit
services
include
interest-bearing
and
non-interest-bearing
checking
accounts,
savings
accounts,
certificates
of
deposit
and
IRA
accounts.
The
Bank
also
offers
a
non-deposit
funds
management
account,
which
is
not
insured
by
the
FDIC.
Loan
services
include
business,
real
estate,
construction,
personal
and
installment
loans,
with
an
emphasis
on
commercial
lending.
The
Bank
also
offers
a
variety
of
other
functions,
including
collection
services,
asset-management
and
trust
services,
wire
services,
safe
deposit
box
facilities,
night
drop
facilities,
cash
management,
automated
teller
machines,
and
Internet
or
home
banking. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PFFC
is
a
one
bank
holding
company,
headquartered
in
Biloxi,
MS,
for
The
Peoples
Bank.
For
the
six
months
ended
6/30/01,
total
interest
income
increased
1%
to
$20.3
million.
Net
interest
income
after
loan
loss
provision
fell
29%
to
$8.3
million.
Net
income
fell
65%
to
$1.3
million.
Total
interest
income
reflects
the
increase
in
interest-earning
assets.
Net
interest
income
after
LLP
were
offset
by
higher
interest
on
deposits.
Net
income
reflect
the
increase
in
personnel
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Chevis Swetman, 52 Chairman,
Pres, CEO | $254K | Lauri Wood, 39 CFO,
Controller | -- | Andy Carpenter, 53 Exec.
VP, Director | 162K | Dan Magruder, 53 Exec.
VP, Director | -- | Thomas Sliman, 64 Sr.
VP | 117K | 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
|
|