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Auction of SemiSouth’s assets to be held next month

MBJ Staff — Wed, 06 Mar 2013 16:54:13 +0000

STARKVILLE — Heritage Global Partners (HGP) and The Branford Group will hold a webcast auction sale of late model silicon carbide (SiC) semiconductor manufacturing assets and testing equipment of SemiSouth Laboratories in April. The global webcast auction is scheduled to begin at 10 a.m. on April 4. A full listing of the items up for [...]

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The First reports best earnings year in history

MBJ Staff — Mon, 28 Jan 2013 14:21:21 +0000

HATTIESBURG — The First Bancshares Inc. (NASDAQ:FBMS) reports net income of $4,048,000 for the year ended Dec. 31, 2012, which exceeds the previous high of $3,823,000 set in 2007. Net income available to common shareholders increased to $3,624,000, or $1.16 per diluted share, a 43.3 percent increase from the $2,529,000, or $.82 per diluted share [...]

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First M&F reports hefty jump in net income

MBJ Staff — Mon, 28 Jan 2013 14:08:58 +0000

KOSCUISKO — First M&F Corp. reported 2012 net income of $6.985 million as compared to a net income of $4.373 million for 2011, a 59.7 percent increase. Earnings allocated to common shareholders were $4.919 million, or $0.54 basic and diluted earnings per share, compared to earnings of $2.584 million, or $.28 basic and diluted earnings [...]

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Citizens reports decreased net income for quarter, year

MBJ Staff — Thu, 24 Jan 2013 13:38:10 +0000

PHILADELPHIA — Citizens Holding Company has released the results of operations for the quarter and year ended Dec. 31, 2012. Net income for the quarter was $1.740 million or $0.36 per share-basic and diluted, down from $1.786 million, or $0.37 per share-basic and diluted for the same quarter in 2011. Net interest income for the [...]

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BancorpSouth saw 28% jump in earnings last quarter

Associated Press — Thu, 24 Jan 2013 12:20:30 +0000

TUPELO — BancorpSouth says profit in 2012′s fourth quarter rose 28 percent from the same three months of 2011, as mortgage fees remained high and the bank set aside less money for future loan losses. The bank said yesterday it posted a quarterly profit of $17 million, or 18 cents per share, up from $13.3 [...]

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Renasant sees profits soar during fourth quarter

Associated Press — Wed, 16 Jan 2013 13:52:20 +0000

TUPELO — Regional bank Renasant Corp. said profit in 2012′s fourth quarter rose 26 percent from the same three months of 2011, as the bank set aside less to cover bad loans and paid savers less interest. Renasant said it made a quarterly profit of $7.28 million, or 29 cents per share, up from $5.79 [...]

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