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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

June 30, 2008

ASSETS:  
Cash & Due from Banks
Federal Funds Sold
Investment Securities
Loans, Net
Premises & Equipment, Net
Other Assets
TOTAL ASSETS
$10,536,484.48
550,000.00
136,705,597.23
160,190,267.15
4,061,204.21
13,515,842.90
$325,559,395.97
   
LIABILITIES & CAPITAL:  
Non-Interest Bearing Deposits
Interest Bearing Deposits
Other Borrowings
Other Liabilities
TOTAL LIABILITIES

TOTAL CAPITAL
$34,966,052.27
236,077,205.27
23,708,150.79
1,487,243.22

$296,238,651.55

$29,320,744.42
   
TOTAL LIABILITIES & CAPITAL $325,559,395.97

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

Interest Expense
Net Interest Income
Service Charges & Fees
TOTAL INCOME
$5,491,334.49
3,100,393.24
178,991.21
$8,770,718.94

$4,310,879.89
4,459,839.05
1,694,591.55
$6,154,430.60
   
EXPENSES:  
Salaries
Other Operating Expenses
TOTAL EXPENSE

NET INCOME
$2,326,365.27
1,865,725.32
$4,192,090.59

$1,962,340.01
FDIC member   Equal Housing Lender
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