Posts Tagged ‘bank’

Trustmark Corp. sees gain in quarterly profit

JACKSON — Regional bank Trustmark Corp. says profit in 2013′s fourth quarter rose 1 percent from the same three months of 2012, as the company worked to increase efficiency after its takeover of the former BancTrust Financial Group. Trustmark posted quarterly profit yesterday of $28 million, or 42 cents per share. That compares to $27.7 […] [...]

Citizens reports increase in net profit for quarter, year

PHILADELPHIA — Citizens Holding Company (NASDAQ: CIZN) has released its results of operations for the three and 12 months ended Dec. 31, 2013. Net income for the three months was $2.122 million, or $0.44 per share-basic and diluted, up from $1.740 million, or $0.34 per share-basic and $0.33 per share-diluted for the same quarter in […] [...]

Peoples records loss for quarter, full year

BILOXI — Peoples Financial Corporation (NASDAQ Capital Market: PFBX), parent of The Peoples Bank, reported a loss of $883,000 for the quarter and $538,000 for the full year ended Dec. 31, 2013, due primarily to actions on certain non-performing assets, announced Chevis C. Swetman, chairman and CEO of the holding company and the bank. Loss […] [...]

BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders […] [...]

Renasant sees rise in post-M&F merger profits

TUPELO — Renasant Corp. says profit in 2013′s fourth quarter rose 55 percent in the first reporting period following its takeover of First M&F Corp. Yesterday, Renasant posted quarterly profit of $11.3 million, or 36 cents per share. That’s up from $7.3 million, or 29 cents per share, in 2012′s fourth quarter. Because the period […] [...]

SBA disaster loans available due to 2013 drought

ACROSS MISSISSIPPI — The U.S. Small Business Administration’s federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Mississippi as a result of drought between Aug. 27 and Oct. 21, 2013. The disaster declaration includes Attala, Bolivar, […] [...]

Ex-contractor to be sentenced for bank fraud this month

SOUTHAVEN — Sentencing for James M. Harris, a former contractor with the city of Southaven who pleaded guilty last year to a federal bank fraud charge, is scheduled for Jan. 29 in Aberdeen. The Commercial Appeal reports the 54-year-old Harris pleaded guilty on Sept. 12 to one count of loan and credit application fraud in […] [...]

Town to lose only bank with closing of Regions branch

by Associated Press Published: January 15,2014

Tags: bank, banking, branch, Closing, finance, financiasl institution, Regions, Roderick Nicholson, town of Terry

TERRY — Regions is closing its branch in the town of Terry on March 14. The move will leave the town without a local bank. Regions says accounts will be transferred to the Byram branch, some seven miles away. Terry is town of about 1,100 people south of Jackson. Mayor Roderick Nicholson tells The Clarion-Ledger […] [...]

B&K shareholders agree to merger with Home Bancorp

NATCHEZ — Shareholders of Britton & Koontz Capital Corporation, the parent company of Britton & Koontz Bank, N.A., have approved the merger of the company with and into Home Bancorp Inc. Terms were not disclosed. W. Page Ogden, president and CEO of B&K Capital, said, “We are pleased that our shareholders have overwhelmingly approved the […] [...]

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 […] [...]

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