by MBJ Staff Published: May 3,2013
Tags: agriculture, bank, banker, banking, cooperative, earnings, farm, farmer, farming, finance, financial institution, loan, net income
AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) reports net income for the quarter ended March 31, 2013, totaled $53.8 million, a 57 percent increase from the same period of 2012. The increase was due largely to a $6.4 million increase in noninterest income, combined with a $13.7 million decrease in provision for loan [...] [...]
by MBJ Staff Published: May 2,2013
Tags: aid, bank, banker, banking, damage, destruction, disaster, disaster assistance, disaster recovery, emergency, entrepreneur, entrepreneurship, federal agency, finance, financial institution, flood, flooding, hurricane, loan, natural disaster, rain, severe weather, small business, storm surge, topical weather, tornado, tropical, Weather, wind
ACROSS MISSISSIPPI — The U.S. Small Business Administration is reminding businesses in Mississippi that working capital loans are still available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations affected by Hurricane Isaac. The deadline is May 30. Economic Injury Disaster Loans up to $2 million are available [...] [...]
by Associated Press Published: April 30,2013
Tags: acquire, acquisition, bank, banker, buy, expand, expansion, finance, financial institution, merger, n=banking, publicly traded company, sale, sell
HATTIESBURG — The First Bancshares Inc. has acquired First National Bank of Baldwin County, Ala. Terms of the acquisition, announced yesterday, were not made public. Officials say the acquisition expands The First into Alabama with five new branches. The First will now have 24 locations in Mississippi, Louisiana and South Alabama. The First will now [...] [...]
by Associated Press Published: April 25,2013
Tags: damage, destruction, disaster, disaster recovery, emergency, entrepreneur, entrepreneurship, federal agency, loan, natural disaster, severe weather, small business, tornado, Weather
NOXUBEE COUNTY — The Small Business Administration is offering disaster loans to residents and business owners in Noxubee County affected by a tornado that severely damaged parts of Shuqualak on April 12. The Mississippi Emergency Management Agency has reported 49 homes and 12 businesses were either destroyed or damaged as a result of the storm. [...] [...]
by MBJ Staff Published: April 24,2013
Tags: acquisition, bank, banker, banking, deposit, earnings, finance, financial institution, income, loan, merger, publicly traded company, real estate
TUPELO — Renasant Corporation has released its financial results for the first quarter of 2013. Net income for the first quarter of 2013 was $7,571,000, or basic and diluted earnings per share (EPS) of $0.30, as compared to $5,974,000, or basic and diluted EPS of $0.24, for the first quarter of 2012. “Our strong start [...] [...]
by MBJ Staff Published: April 23,2013
Tags: case, commission, federal agency, federal government, fraud, investment, investor, lawsuit, settlement, state agency, state government, trial
JACKSON — After repeated requests, the Securities and Exchange Commission has finally announced the proposed plan to distribute Morgan Keegan settlement funds to Mississippi investors, according to the Office of Secretary of State. “For two years, the SEC ignored the pleas of investors to release this money. They desperately need their settlement funds,” says Secretary [...] [...]
by MBJ Staff Published: April 23,2013
Tags: bank, banker, banking, deposit, eartning, finance, financial institution, insurance, law, legal, litigation, loan, mortgage, publicly traded company
TUPELO — BancorpSouth Inc. has released financial results for the quarter ended March 31. Highlights for the first quarter included: • Net income of $20.8 million or $0.22 per diluted share • Mortgage production of $425.9 million and mortgage sales of $445.9 million, which contributed to mortgage lending revenue of $12.3 million for the quarter, [...] [...]
by MBJ Staff Published: April 19,2013
Tags: aid, assistance, bank, banking, disaster, disaster recovery, emergency, entrepreneur, entrepreneurship, federal agency, finance, financial institution, hail, loan, natural disaster, rain, severe weather, small business, storm, tornado, Weather, wind
ACROSS MISSISSIPPI — The U.S. Small Business Administration approves disaster assistance to residents and businesses in several Mississippi counties affected by the severe weather and tornadoes, according to the Mississippi Emergency Management Agency. The declaration covers Noxubee County and the adjacent counties of Kemper, Lowndes, Oktibbeha and Winston. Applicants will be able to apply in [...] [...]
by Associated Press Published: April 19,2013
Tags: bank, banker, banking, board, board of directors, Chief Executive Officer, executive, finance, financial institution, headquarters, move, President, relocate
GULFPORT — Hancock Holding president and CEO Carl Chaney says the board of directors has asked him to move to New Orleans. Chaney tells The Sun Herald the Greater New Orleans represents approximately 41 percent of the company’s balance sheet. He says he plans to move his family in June. John Hairston, CEO and chief [...] [...]
by MBJ Staff Published: April 17,2013
Tags: college, education, entrepreneur, entrepreneurship, federal agency, higher education, minorities, postsecondary education, public university, small business, university
AROUND MISSISSIPPI — The U.S. Small Business Administration Regional Administrator Cassius Butts recently signed strategic alliance memorandums (SAMs) with Alcorn State University, Mississippi Valley State University and Rust College. Dr. M. Christopher Brown II, Alcorn State University president, Dr. Alfred Rankins Jr., acting president of Mississippi Valley State University, and Dr. David L. Beckley, president [...] [...]
Loading ...