BUSINESS MEMO: UNION PLANTERS EARNINGS

Union Planters Corp. has reported first-quarter net earnings of $97.4 million, or 67 cents per share, compared to $100 million and 74 cents per share during the same quarter a year ago.

The 1999 results include two acquisitions -- First Mutual Bancorp. Inc., in Decatur, Ill., and First & Farmers Bancshares Inc. in Somerset and Burkesville, Ky.

Union Planters Corp. ended the quarter with assets of $33.7 billion, total loans of $20.5 billion and total deposits of $26.5 billion.

Union Planters, headquartered at Memphis, is a multistate bank holding company with 1,090 banking facilities in 12 states, including Cape Girardeau.