Posts Tagged ‘BancorpSouth Inc.’

BancorpSouth expands Tennessee footprint with Chattanooga office

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc., has opened a loan production office in Chattanooga, Tennessee, expanding the bank’s presence into Southeast Tennessee. BancorpSouth’s loan production office is located in downtown Chattanooga at 631 Broad Street and features a team of local lending and support professionals. The office is part of BancorpSouth’s Tennessee Metro […] [...]

BancorpSouth adding to Louisiana footprint with loan production office

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc., has opened a loan production office in Lake Charles, Louisiana, expanding the bank’s footprint in Southwest Louisiana. BancorpSouth’s Lake Charles office is located at 4660 Lake Street and provides commercial, real estate construction, and residential mortgage lending, together with a range of related banking services. Russell Pawlowski, […] [...]

Two BancorpSouth mergers delayed by federal inquiries

TUPELO — BancorpSouth Inc. has extended its merger agreements with Ouachita Bancshares Corp. and Central Community Corporation. BancorpSouth, Ouachita Bancshares Corp. and Central Community Corporation have determined additional time will be required to obtain regulatory approvals and to satisfy closing conditions necessary to complete their respective mergers.  They have extended their respective merger agreements to […] [...]

BancorpSouth merging with La. bank in stock/cash deal

TUPELO — BancorpSouth Inc. has signed a definitive merger agreement with Ouachita Bancshares Corp. and its wholly owned subsidiary, Ouachita Independent Bank (OIB) headquartered in Monroe, La., whereby Ouachita Bancshares Corp. will be merged with and into BancorpSouth, Inc. OIB operates 12 full-service banking offices; six in the Monroe-West Monroe, La., area, four in the […] [...]

BancorpSouth’s profits rise after cutting costs, bad loans

TUPELO — Regional bank BancorpSouth Corp. cut costs and bad loans in 2013′s third quarter, as profit increased by 4 percent from the same three months of 2012. BancorpSouth posted quarterly profit of $24.9 million, or 26 cents per share yesterday. That’s up from $23.8 million or 25 cents per share in 2012′s third quarter. […] [...]

BancorpSouth increases dividend for first time in two years

TUPELO — The BancorpSouth Inc. board of directors has declared a quarterly cash dividend of $0.05 per common share, which is a $0.04 per share or 400 percent increase over the company’s previous quarterly dividend payment of $0.01 per common share. The dividend is payable Oct. 1 to shareholders of record at the close of […] [...]

Hood replaces Murphy

by Published: August 14,2011

Tags: BancorpSouth Inc., Warren A. Hood Jr.

BancorpSouth Inc.’s board of directors has appointed current director Warren A. Hood Jr. to the Audit Committee. Hood replaced director R. Madison Murphy, who recently resigned from the board of directors and who serves on the Audit Committee. Hood is the chairman of the board and CEO of Hood Companies Inc., which includes three separate […] [...]

BancorpSouth back in the black but trouble with bad loans persists

Bank handicapped by increasing loan loss reserves A $32.3-million allocation to cover a $107.1-million increase in non-performing loans took a bite of BancorpSouth Inc.’s third quarter earnings, but Mississippi’s largest headquartered bank returned to profitability in the quarter. The move into the black got an assist from a nearly $10-million income tax benefit and a […] [...]

McKnight re-elected as treasurer

Officials at BancorpSouth Inc. announced that BancorpSouth Insurance Services president Markham McKnight has been re-elected as treasurer of the Louisiana Insurance Guaranty Association board. McKnight brings 28 years of experience to his position. In addition to his role as president of BancorpSouth Insurance Services, McKnight also leads Wright and Percy Insurance, a division of BancorpSouth […] [...]

Jaggers elected ECCHO officer

BancorpSouth Inc. announced that Jeff Jaggers, senior vice president, operations administration, has been elected to serve as the treasurer/secretary for the Electronic Check Clearing House Organization (ECCHO). In addition to his two-year term, he will also serve on the Executive Committee of the board. Jaggers is a graduate of the University of Mississippi with a […] [...]

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