Peoples Financial News

The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company's key strengths and weaknesses and the potential opportunities and threats.

BILOXI - Peoples Financial Corporation, parent of The Peoples Bank, reported net income of $505,000 for the first quarter of 2012, a 15.3 percent increase over the first quarter of 2011.

The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the companys key strengths and weaknesses and the potential opportunities and threats.

Peoples Financial Corporation, parent of The Peoples Bank, has revised fourth quarter and 2011 earnings to account for an additional loan loss provision of $660,000, announced Chevis C. Swetman, chairman and CEO of the holding company and the bank.

The Navy is adding $21.2 million to a helicopter maintenance and repair contract awarded earlier to a Madison firm.