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Statement of Condition
Meet The Peoples Bank

History
Tippah County
Ripley, Mississippi
Walnut

THE PEOPLES CORPORATION & SUBSIDIARIES
CONDENSED BALANCE SHEET & INCOME STATEMENT

MARCH 31, 2015

ASSETS:  
Cash & Due from Banks
Federal Funds Sold
Investment Securities
Loans, Net
Premises & Equipment, Net
Other Assets
TOTAL ASSETS
$15,348,000
2,000,000
187,591,000
143,411,000
3,737,000
15,708,000
$367,795,000
   
LIABILITIES & CAPITAL:  
Non-Interest Bearing Deposits
Interest Bearing Deposits
Other Borrowings
Other Liabilities
TOTAL LIABILITIES

TOTAL CAPITAL
 $57,926,000
256,761,000
13,371,000
1,423,000
$329,481,000

$38,314,000
   
TOTAL LIABILITIES & CAPITAL $367,795,000

REVENUE:
Interest on Loans
Interest Investment Securities
Other Interest Income
TOTAL INTEREST INCOME

Interest Expense
Net Interest Income
Service Charges & Fees
TOTAL INCOME
$1,879,000
1,253,000
2,000
$3,134,000

663,000
2,471,000
995,000
$3,466,000
EXPENSES:  
Salaries
Other Operating Expenses
TOTAL EXPENSE

NET INCOME
 $1,206,000
1,084,000
$2,290,000

$1,176,000
FDIC member   Equal Housing Lender
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