M&F Bank LogoFirst M&F Corporation is a holding company that engages in the banking business through its wholly owned subsidiary, Merchants and Farmers 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 and north Mississippi, including Ackerman, Bruce, Brandon, Canton, Cleveland, Clinton, Durant, Flowood, Grenada, Jackson, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville and Tupelo. The Bank also has banking locations in southwest Tennessee in Bells, Collierville, Cordova, Germantown and Memphis. The Bank also has banking locations in central Alabama in Birmingham, Chelsea, Columbiana, Inverness, Pelham and Wilsonville. The Bank also has banking locations in the Florida panhandle in Crestview and Niceville. The company was founded in 1890 and is based in Kosciusko, Mississippi.

In December the company announced that it was participating in the Treasury Department’s Capital Purchase Program. Under the program the company received $40 million in exchange for preferred stock.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: First M&F Corporation (M&F Bank of Kosciusko)

 

Federal Equity Investment

$40 million

Total Revenue

$114.4 million (2008)
$123.1 million (2007)

Net Income

$526 thousand (2008)
$14.5 million (2007)

Number of Employees

548

Corporate Headquarters

Kosciusko, Mississippi

Business Sector

Bank

Officers and Directors


Potts, Hugh, Chairman of the Board, Chief Executive Officer

Other Officers and Directors
 

Corporate Website

https://www.mfbank.com

Executive Compensation

First M&F Corporation (M&F Bank of Kosciusko)

  

►Financial Documents

2009 First M&F Proxy

2008 First M&F 10-k (Annual Report)

2008-12-16 First M&F 8K

2008-09-30 First M&F 10Q

2007 First M&F Annual Report

2007 First M&F 10K
 

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Fourth Quarter 2008

No lobbying reports located.

Political Contributions

No political contributions located.

Related Articles

No related articles located.

  

Last Updated May 26, 2009

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