First M&F Corporation is a one-bank holding company that engages in the banking business through its wholly owned subsidiary, M & F Bank of Kosciusko (the Bank). The Bank offers a range of commercial and consumer services at its main office and two branches in Kosciusko and its branches within central Mississippi, including Ackerman, Bruce, Brandon, Canton, Cleveland, Clinton, Durant, Grenada, Lena, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville, Tupelo and Weir, Mississippi. The banking system offers deposit, investment and credit products to customers. F...MFC is a bank holding company for Merchants and Farmers Bank, located in Mississippi.For the 9 months ended 9/30/04, interest income fell less than 1% to $42.9M. Net interest income after LLP fell 1% to $26.4M.Net income rose 1% to $8.1M.Net interest income reflects a decrease in taxable investments, and increased loan loss provisions. Earnings benefitted from increased service charges on deposit accounts, and gains from joint ventures.
More
Show less
Get notified when new M F Bank jobs are posted