SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-Q

(Mark One)

\|X\|	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2002

\| \|	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file number 1-12991

BancorpSouth, Inc.
(Exact name of registrant as specified in its charter)

Mississippi	64-0659571
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

One Mississippi Plaza, 201 South Spring Street, Tupelo, Mississippi	38804
(Address of principal executive offices)	(Zip Code)

(662) 680-2000
(Registrant's telephone number, including area code)

NOT APPLICABLE
(Former name, former address, and former fiscal year, if changed since last year)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No
As of August 12, 2002, the Registrant had outstanding 80,218,780 shares of common stock, par value $2.50 per share.

BANCORPSOUTH, INC.
CONTENTS

PART I.	Financial Information		Page
	ITEM 1.	Financial Statements
		Consolidated Condensed Balance Sheets (Unaudited) June 30, 2002 and December 31, 2001	3
		Consolidated Condensed Statements of Income (Unaudited) Three and Six Months Ended June 30, 2002 and 2001	4
		Consolidated Condensed Statements of Cash Flows (Unaudited) Six Months Ended June 30, 2002 and 2001	5
		Notes to Consolidated Condensed Financial Statements (Unaudited)	6
	ITEM 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	15
	ITEM 3.	Quantitative and Qualitative Disclosures About Market Risk	27
PART II.	Other Information
	ITEM 4.	Matters Submitted to a Vote of Security Holders	27
	ITEM 6.	Exhibits and Reports on Form 8-K	28

FORWARD-LOOKING STATEMENTS

Certain statements contained in this Report may not be based on historical facts and are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as “anticipate,” “believe,” “estimate,” “expect,” “may,” “might,” “will,” “intend,” “could” and “would.” These forward-looking statements include, without limitation, those relating to the Company’s liquidity, provision and allowance for credit losses, mortgage servicing rights, net interest revenue, acquisition strategy, the use of proceeds from the issuance of the junior subordinated debt securities in connection with the trust preferred offering, critical accounting policies, litigation contingencies, student loans, stock repurchase program, capital resources and off-balance sheet arrangements. We caution you not to place undue reliance on the forward-looking statements contained in this Report, in that actual results could differ materially from those indicated in such forward-looking statements due to a variety of factors. These factors include, but are not limited to, changes in economic conditions, prevailing interest rates and government fiscal and monetary policies, effectiveness of the Company’s interest rate hedging strategies, changes in laws and regulations affecting financial institutions, ability of the Company to effectively service loans, ability of the Company to identify and integrate acquisitions and investment opportunities, manage its growth and effectively serve an expanding customer and market base, changes in the Company’s operating or expansion strategy, geographic concentrations of assets, availability of and costs associated with obtaining adequate and timely sources of liquidity, dependence on existing sources of funding, competition from other financial services companies, market conditions as they affect the ability of the Company to repurchase shares of its common stock, potential uses of authorized but unissued shares of the Company’s common stock, possible adverse rulings, judgments, settlements and other outcomes of pending litigation and other risks detailed from time to time in the Company’s press releases and filings with the Securities and Exchange Commission. We undertake no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date of this Report.

PART I FINANCIAL INFORMATION Item 1. Financial Statements
BANCORPSOUTH, INC. Consolidated Condensed Balance Sheets (Unaudited)
	June 30, 2002	December 31, 2001
	(In thousands)
ASSETS
Cash and due from banks	$303,599	$341,513
Interest bearing deposits with other banks	12,108	18,030
Held-to-maturity securities, at amortized cost	1,223,435	1,110,463
Available-for-sale securities, at fair value	1,115,762	1,083,191
Federal funds sold and securities purchased under agreement to resell	518,727	343,511
Loans	6,392,876	6,127,045
Less: Unearned discount	48,657	53,845
Allowance for credit losses	86,276	83,150
Net loans	6,257,943	5,990,050
Mortgages held for sale	43,723	65,537
Premises and equipment, net	211,451	211,576
Other assets	236,777	231,558
TOTAL ASSETS	$9,923,525	$9,395,429
LIABILITIES
Deposits:
Demand: Non-interest bearing	$1,096,257	$1,108,499
Interest bearing	2,306,227	2,158,698
Savings	851,714	910,682
Time	4,001,361	3,678,961
Total deposits	8,255,559	7,856,840
Federal funds purchased and securities sold under repurchase agreements	458,807	473,912
Short-term borrowings	4,000	–
Long-term debt	140,357	140,939
Guaranteed preferred beneficial interests in junior subordinated debt securities	125,000	–
Other liabilities	109,001	118,335
TOTAL LIABILITIES	9,092,724	8,590,026
SHAREHOLDERS' EQUITY
Common stock	202,052	203,064
Capital surplus	18,115	11,457
Accumulated other comprehensive income	27,080	24,243
Retained earnings	583,554	566,639
TOTAL SHAREHOLDERS' EQUITY	$830,801	$805,403
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$9,923,525	$9,395,429
See accompanying notes to consolidated condensed financial statements.

BANCORPSOUTH, INC. Consolidated Condensed Statements of Income (Unaudited)
	Three months ended June 30,		Six months ended June 30,
	2002	2001	2002	2001
	(In thousands, except for per share amounts)
INTEREST REVENUE:
Loans	$114,393	$130,898	$228,278	$267,022
Deposits with other banks	76	143	131	320
Federal funds sold and securities purchased under agreement to resell	3,351	6,866	6,658	12,467
Held-to-maturity securities:
Taxable	13,643	13,963	27,581	27,176
Tax-exempt	2,450	2,667	4,941	5,505
Available-for-sale securities:
Taxable	13,417	12,059	27,673	25,665
Tax-exempt	2,154	2,184	4,311	4,154
Mortgages held for sale	751	896	1,663	1,509
Total interest revenue	150,235	169,676	301,236	343,818
INTEREST EXPENSE:
Deposits	46,834	80,763	96,736	164,707
Federal funds purchased and securities sold under agreement to repurchase	3,209	5,800	6,530	12,113
Other	4,700	2,189	8,596	4,474
Total interest expense	54,743	88,752	111,862	181,294
Net interest revenue	95,492	80,924	189,374	162,524
Provision for credit losses	7,215	4,769	13,975	8,866
Net interest revenue, after provision for
credit losses	88,277	76,155	175,399	153,658
OTHER REVENUE:
Mortgage lending	900	7,068	6,454	5,735
Trust income	1,644	1,610	3,561	3,294
Service charges	12,595	10,906	22,805	21,248
Life insurance income	1,091	1,127	2,218	2,222
Security gains, net	2,888	74	2,863	2,958
Insurance commissions	5,887	5,405	11,554	10,013
Other	6,404	5,801	15,430	14,470
Total other revenue	31,409	31,991	64,885	59,940
OTHER EXPENSE:
Salaries and employee benefits	40,226	38,425	82,817	77,146
Net occupancy expense	5,422	5,005	10,676	10,134
Equipment expense	6,264	6,943	12,799	13,975
Telecommunications	2,032	2,123	3,957	4,305
Other	20,630	20,750	41,497	40,518
Total other expense	74,574	73,246	151,746	146,078
Income before income taxes	45,112	34,900	88,538	67,520
Income tax expense	14,185	11,654	28,214	21,955
Net income	$30,927	$23,246	$60,324	$45,565
Earnings per share: Basic	$0.38	$0.28	$0.74	$0.55
Diluted	$0.38	$0.28	$0.74	$0.54
Dividends declared per common share	$0.15	$0.14	$0.30	$0.28
See accompanying notes to consolidated condensed financial statements.

BANCORPSOUTH, INC. Consolidated Condensed Statements of Cash Flows (Unaudited)
	Six Months Ended June 30,
	2002	2001
	(In thousands)
Net cash provided by operating activities	$112,760	$42,706
Investing activities:
Proceeds from calls and maturities of held-to-maturity securities	227,159	317,643
Proceeds from calls and maturities of available-for-sale securities	602,224	158,771
Proceeds from sales of held-to-maturity securities	5,278	25,003
Proceeds from sales of available-for-sale securities	582,661	144,583
Purchases of held-to-maturity securities	(345,244)	(461,289)
Purchases of available-for-sale securities	(1,206,206)	(139,882)
Net increase in short-term investments	(175,216)	(372,206)
Net (increase) decrease in loans	(374,982)	28,868
Proceeds from sale of student loans	89,782	83,248
Purchases of premises and equipment	(15,988)	(23,096)
Proceeds from sale of premises and equipment	5,530	3,238
Other, net	12,275	(8,319)
Net cash used by investing activities	(592,727)	(243,438)
Financing activities:
Net increase in deposits	398,719	251,722
Net decrease in short-term borrowings and other liabilities	(20,535)	(3,411)
Repayment of long-term debt	(14,082)	(10,546)
Issuance of junior subordinated debt, net	121,063	–
Common stock repurchased	(29,143)	(21,502)
Payment of cash dividends	(24,382)	(23,546)
Exercise of stock options	4,491	805
Net cash provided by financing activities	436,131	193,522
Decrease in cash and cash equivalents	(43,836)	(7,210)
Cash and cash equivalents at beginning of period	359,543	326,575
Cash and cash equivalents at end of period	$315,707	$319,365
See accompanying notes to consolidated condensed financial statements.

BANCORPSOUTH, INC.
Notes to Consolidated Condensed Financial Statements
(Unaudited)

NOTE 1 - BASIS OF FINANCIAL STATEMENT PRESENTATION AND
PRINCIPALS OF CONSOLIDATION

The accompanying unaudited consolidated condensed financial statements have been prepared in accordance with the accounting policies in effect as of December 31, 2001, as set forth in the annual consolidated financial statements of BancorpSouth, Inc. (the “Company”), as of such date, except that the Company adopted Statement of Financial Accounting Standards (“SFAS”) No. 142, “Goodwill and Other Intangible Assets,” and SFAS No. 144, “Accounting for the Impairment or Disposal of Long-Lived Assets,” as of January 1, 2002 (See Notes 7 and 8). In the opinion of management, all adjustments necessary for a fair presentation of the consolidated condensed financial statements have been included and all such adjustments were of a normal recurring nature. The results of operations for the three and six month periods ended June 30, 2002 are not necessarily indicative of the results to be expected for the full year.

The consolidated condensed financial statements include the accounts of the Company and its wholly-owned subsidiary, BancorpSouth Bank (the “Bank”), and the Bank’s wholly-owned subsidiaries, Century Credit Life Insurance Company, Personal Finance Corporation, BancorpSouth Mortgage Company, BancorpSouth Insurance Services, Inc., BancorpSouth Insurance Services of Alabama, Inc. and BancorpSouth Investment Services, Inc. BancorpSouth Capital Trust I (“the Trust”), a business trust, is treated as a subsidiary of the Company for financial reporting purposes (See Note 6).

NOTE 2 - LOANS

The composition of the loan portfolio by collateral type is detailed below:

	June 30,		December 31,
	2002	2001	2001
	(In thousands)
Commercial and agricultural	$741,028	$558,209	$691,463
Consumer and installment	722,697	888,028	865,188
Real estate mortgage:
1-4 Family	2,227,626	2,399,744	1,661,871
Other	2,376,497	1,825,340	2,586,596
Lease financing	299,343	334,972	291,116
Other	25,685	28,473	30,811
Total	$6,392,876	$6,034,766	$6,127,045

The following table presents information concerning non-accrual, past due and restructured loans:

	June 30,	December 31,
	2002	2001
	(In thousands)
Non-accrual loans	$13,202	$10,825
Accruing loans 90 days or more past due	28,755	33,012
Restructured loans	22	40
Total	$41,979	$43,877

NOTE 3 - ALLOWANCE FOR CREDIT LOSSES

The following schedule summarizes changes in the allowance for credit losses for the periods indicated:

	Six month periods ended June 30,		Year ended December 31,
	2002	2001	2001
	(In thousands)
Balance at beginning of period	$83,150	$81,730	$81,730
Provision charged to expense	13,975	8,866	22,259
Recoveries	1,792	2,318	4,050
Loans charged off	(13,870)	(12,085)	(24,889)
Acquisitions	1,229	–	–
Balance at end of period	$86,276	$80,829	$83,150

NOTE 4 - PER SHARE DATA

The computation of basic earnings per share is based on the weighted average number of common shares outstanding. The computation of diluted earnings per share is based on the weighted average number of common shares outstanding plus the shares resulting from the assumed exercise of all outstanding stock options using the treasury stock method.

The following table provides a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the periods shown:

	Three months ended June 30,
	2002			2001
	Income (Numerator)	Shares (Denominator)	Per Share Amount	Income (Numerator)	Shares (Denominator)	Per Share Amount
Basic EPS	(In thousands, except per share amounts)
Income available to
common shareholders	$30,927	80,858	$0.38	$23,246	83,215	$0.28
Effect of dilutive stock
options	–	641		–	443
Diluted EPS
Income available to common shareholders
plus assumed exercise	$30,927	81,499	$0.38	$23,246	83,658	$0.28

	Six months ended June 30,
	2002			2001
	Income (Numerator)	Shares (Denominator)	Per Share Amount	Income (Numerator)	Shares (Denominator)	Per Share Amount
Basic EPS	(In thousands, except per share amounts)
Income available to
common shareholders	$60,324	80,983	$0.74	$45,565	83,512	$0.55
Effect of dilutive stock
options	–	607		–	425
Diluted EPS
Income available to common shareholders
plus assumed exercise	$60,324	81,590	$0.74	$45,565	83,937	$0.54

NOTE 5 - COMPREHENSIVE INCOME

The following table presents the components of other comprehensive income and the related tax effects allocated to each component for the periods indicated:

	Three months ended June 30,
	2002			2001
	Before tax amount	Tax (expense) benefit	Net of tax amount	Before tax amount	Tax (expense) benefit	Net of tax amount
Unrealized (losses) gains on securities:	(In thousands)
Unrealized (losses) gains arising during holding period	($29,301)	$11,207	($18,094)	$476	($182)	$294
Less: Reclassification adjustment
for net (gains) losses realized in net income	(2,671)	1,022	(1,649)	142	(54)	88
Other comprehensive income (loss)	($31,972)	$12,229	($19,743)	$618	($236)	$382
Net income			30,927			23,246
Comprehensive income			$11,184			$23,628

	Six months ended June 30,
	2002			2001
	Before tax amount	Tax (expense) benefit	Net of tax amount	Before tax amount	Tax (expense) benefit	Net of tax amount
Unrealized (losses) gains on securities:	(In thousands)
Unrealized (losses) gains arising during holding period	($15,572)	$5,956	($9,616)	($9,478)	$3,625	($5,853)
Less: Reclassification adjustment
for net (gains) losses realized in net income	(2,711)	1,037	(1,674)	(2,421)	926	(1,495)
Other comprehensive income (loss)	($18,283)	$6,993	($11,290)	($11,899)	$4,551	($7,348)
Net income			60,324			45,565
Comprehensive income			$49,034			$38,217

NOTE 6 - ISSUANCE OF TRUST PREFERRED SECURITIES

On January 28, 2002, BancorpSouth Capital Trust I (the “Trust”), a Delaware business trust which is treated as a subsidiary of the Company for financial reporting purposes, issued 5,000,000 shares of 8.15% trust preferred securities, $25 liquidation amount per share, due January 28, 2032 and redeemable at the option of the Company after January 28, 2007. Payment of distributions on the trust preferred securities is guaranteed by the Company, but only to the extent the Trust has funds legally and immediately available to make such distributions. The Trust invested the proceeds from the issuance of the trust preferred securities in the 8.15% junior subordinated debt securities issued by the Company, which will mature on January 28, 2032. The net proceeds to the Company from the issuance of its junior subordinated debt securities to the Trust in the amount of $121,062,500 will be used for general corporate purposes, including repurchase of shares of its outstanding common stock, investments at the holding company level, extensions of credit to its subsidiaries and possible acquisitions.

NOTE 7 - GOODWILL AND OTHER INTANGIBLE ASSETS

The changes in the carrying amount of goodwill for the six months ended June 30, 2002 were as follows:

	Community Banking	General Corporate and Other	Total
	(In thousands)
Balance as of January 1, 2002	$27,495	$39	$27,534
Goodwill reclassed as other identifiable intangible	(3,177)	–	(3,177)
Goodwill acquired during the period	8,447	–	8,447
Impairment losses	–	–	–
Balance as of June 30, 2002	$32,765	$39	$32,804

The changes in the carrying amount of goodwill for the year ended December 31, 2001 were as follows:

	Community Banking	General Corporate and Other	Total
	(In thousands)
Balance as of January 1, 2001	$30,376	$39	$30,415
Amortization of goodwill	(3,013)	–	(3,013)
Adjustment to goodwill acquired during year	132	–	132
Impairment losses	–	–	–
Balance as of December 31, 2001	$27,495	$39	$27,534

The following table presents information regarding the components of the Company's identifiable intangible assets for the periods indicated:

	Six months ended June 30, 2002		Year ended December 31, 2001
	Gross Carrying Amount	Accumulated Amortization	Gross Carrying Amount	Accumulated Amortization
Amortized intangible assets:	(In thousands)
Core deposit intangibles	$11,317	$3,393	$9,299	$2,689
Customer lists	4,865	461	4,904	321
Mortgage servicing rights	69,492	24,245	64,158	20,532

	Three-months ended June 30,		Six-months ended June 30,
	2002	2001	2002	2001
Aggregate amortization expense for:	(In thousands)
Core deposit intangibles	$398	$113	$704	$226
Customer lists	70	69	140	139
Mortgage servicing rights	2,079	1,520	3,801	2,892

	Core Deposit Intangibles	Customer Lists	Mortgage Servicing Rights
Estimated amortization expense:	(In thousands)
For year ended 12/31/02	$1,503	$288	$6,200
For year ended 12/31/03	1,464	288	5,600
For year ended 12/31/04	1,345	288	5,000
For year ended 12/31/05	1,154	288	4,500
For year ended 12/31/06	1,011	288	4,100

The following table provides the transitional disclosures required under SFAS No. 142 for the Company’s goodwill and other intangible assets:

	Three months ended June 30,		Six months ended June 30,
	2002	2001	2002	2001
	(In thousands, except per share data)
Reported net income	$30,927	$23,246	$60,324	$45,565
Add back: Goodwill amortization	–	779	–	1,547
Adjusted net income	$30,927	$24,025	$60,324	$47,112

Basic earnings per share:
Reported net income	$0.38	$0.28	$0.74	$0.55
Goodwill amortization	–	0.01	–	0.01
Adjusted net income	$0.38	$0.29	$0.74	$0.56

Diluted earnings per share:
Reported net income	$0.38	$0.28	$0.74	$0.54
Goodwill amortization	–	0.01	–	0.01
Adjusted net income	$0.38	$0.29	$0.74	$0.55

NOTE 8 - RECENT PRONOUNCEMENTS

The Company adopted the provisions of SFAS No. 141, “Business Combinations,” effective July 1, 2001 and the provisions of SFAS No. 142, “Goodwill and Other Intangible Assets,” effective January 1, 2002. SFAS No. 141 requires that the purchase method of accounting be used for all business combinations initiated after June 30, 2001, as well as all purchase method business combinations completed after June 30, 2001. SFAS No. 141 also specifies certain criteria that intangible assets acquired in a purchase method business combination must meet to be recognized and reported apart from goodwill. SFAS No. 142 requires that goodwill and intangible assets with indefinite useful lives no longer be amortized, but instead tested for impairment at least annually in accordance with the provisions of SFAS No. 142. SFAS No. 142 also requires that intangible assets with definite useful lives be amortized over their respective estimated useful lives to the estimated residual values, and reviewed for impairment in accordance with SFAS No. 121, “Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to be Disposed Of.”

The Company also adopted the provisions of SFAS No. 144, “Accounting for the Impairment of Disposal of Long-Lived Assets,” effective January 1, 2002. SFAS No. 144 supersedes both SFAS No. 121, “Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of” and the accounting and reporting provisions of APB Opinion No. 30, “Reporting the Results of Operations—Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and Infrequently Occurring Events and Transactions” (“Opinion 30”), for the disposal of a segment of a business (as previously defined in Opinion 30). SFAS No. 144 retains the fundamental provisions in SFAS No. 121 for recognizing and measuring impairment losses on long-lived assets held for use and long-lived assets to be disposed of by sale, while also resolving significant implementation issues associated with SFAS No. 121. For example, SFAS No. 144 provides guidance on how a long-lived asset that is used as part of a group should be evaluated for impairment, establishes criteria for when a long-lived asset is held for sale and prescribes the accounting for a long-lived asset that will be disposed of other than by sale. SFAS No. 144 retains the basic provisions of Opinion 30 on how to present discontinued operations in the income statement but broadens that presentation to include a component of an entity (rather than a segment of a business). Unlike SFAS No. 121, an impairment assessment under SFAS No. 144 will never result in a write-down of goodwill. Rather, goodwill is evaluated for impairment under SFAS No. 142, “Goodwill and Other Intangible Assets.” The adoption of SFAS No. 144 has had no material impact on the financial position of the Company.

In July 2002, SFAS No. 146, “Accounting for Costs Associated with Exit or Disposal Activities,” was issued. SFAS No. 146 requires that a liability for a cost associated with an exit or disposal activity be recorded when it is incurred and can be measured at fair value. The statement is effect for exit or disposal activities that are initiated after December 31, 2002. The adoption of SFAS No. 146 will have no material impact on the financial position of the Company.

NOTE 9 - BUSINESS COMBINATIONS AND OTHER ACQUISITIONS

On February 28, 2002, the Company completed its merger with Pinnacle Bancshares, Inc. (“Pinnacle”), a bank holding company with approximately $130 million in assets. Pinnacle is headquartered in Little Rock, Arkansas and provides the Company with two banking locations in Arkansas’ largest market. The Company issued approximately 555,000 shares of common stock in addition to cash paid to Pinnacle shareholders to consummate the merger. Supplemental pro forma information has not been presented, as this acquisition did not have a material impact on the Company’s financial position or results of operations. Beginning March 1, 2002, the results of operations for Pinnacle are included in the income statement of the Company.

On May 3, 2002, the Company issued approximately 45,000 shares of common stock to complete its purchase of certain assets of First Land and Investments, Inc.

NOTE 10 - SEGMENT REPORTING

The Company’s principal activity is community banking, which includes providing a full range of deposit products, commercial loans and consumer loans. The “General Corporate and Other segment” includes leasing, mortgage lending, trust services, credit card activities, insurance services, investment services and other activities not allocated to community banking.

Results of operations and selected financial information by operating segment for the three-month periods ended June 30, 2002 and 2001 are presented below:

	Community Banking	General Corporate and Other	Total
	(In thousands)
Three Months Ended June 30, 2002
Results of Operations
Net interest revenue	$80,037	$15,455	$95,492
Provision for credit losses	6,563	652	7,215
Net interest revenue after provision for credit losses	73,474	14,803	88,277
Other revenue	21,586	9,823	31,409
Other expense	60,068	14,506	74,574
Income before income taxes	34,992	10,120	45,112
Income taxes	11,003	3,182	14,185
Net income	$23,989	$6,938	$30,927
Selected Financial Information
Identifiable assets (at end of period)	$9,062,409	$861,116	$9,923,525
Depreciation & amortization	6,354	447	6,801
Three Months Ended June 30, 2001
Results of Operations
Net interest revenue	$67,137	$13,787	$80,924
Provision for credit losses	4,321	448	4,769
Net interest revenue after provision for credit losses	62,816	13,339	76,155
Other revenue	16,082	15,909	31,991
Other expense	58,226	15,020	73,246
Income before income taxes	20,672	14,228	34,900
Income taxes	6,903	4,751	11,654
Net income	$13,769	$9,477	$23,246
Selected Financial Information
Identifiable assets (at end of period)	$8,517,948	$776,197	$9,294,145
Depreciation & amortization	6,497	465	6,962

Results of operations and selected financial information by operating segment for the six-month periods ended June 30, 2002 and 2001 are presented bel