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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

December 31, 2014

ASSETS:  
Cash & Due from Banks
Investment Securities
Loans, Net
Premises & Equipment, Net
Other Assets
TOTAL ASSETS
$ 17,493,000
183,655,000
141,937,000
3,670,000
15,761,000
$362,516,000
   
LIABILITIES & CAPITAL:  
Non-Interest Bearing Deposits
Interest Bearing Deposits
Other Borrowings
Other Liabilities
TOTAL LIABILITIES

TOTAL CAPITAL
 54,563,000
256,240,000
13,350,000
1,025,000
$325,178,000

$37,338,000
   
TOTAL LIABILITIES & CAPITAL $362,516,000

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

Interest Expense
Net Interest Income
Service Charges & Fees
TOTAL INCOME
 7,708,000
5,049,000
5,000
$12,762,000

2,989,000
9,773,000
3,792,000
$13,565,000
EXPENSES:  
Salaries
Other Operating Expenses
TOTAL EXPENSE

NET INCOME
 5,296,000
4,607,000
$9,903,000

$3,662,000
FDIC member   Equal Housing Lender
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