by MBJ Staff Published: May 17,2013
Tags: bank, banker, banking, damage, destruction, disaster, disaster recovery, emergency, emergency loan, entrepreneur, entrepreneurship, federal agency, finance, financial institution, loan, natural disaster, small business, tornado, Weather, wind
ACROSS MISSISSIPPI — The U.S. Small Business Administration reminds homeowners, renters, businesses and non-profit organizations of the deadline to submit disaster loan applications for damages due to the severe storms and tornadoes April 11-12. The deadline to apply for physical damage is June 17. Low-interest disaster loans are available in the following counties: Noxubee County [...] [...]
JACKSON — Trustmark National Bank has opened a new 12,000-square-foot office location on the first and second floors of the Nexen Building in Bunker Hill, Texas. The financial institution said it needs to expand as it continues to grow within the Houston market. Trustmark currently operates 15 locations in the Houston market, with loans outstanding [...] [...]
by MBJ Staff Published: May 13,2013
Tags: bank, banker, banking, finance, financial institution, initial public offering, invest, investing, investment, investor, publicly traded company, share, stock
GULFPORT — First NBC Bank Holding Company, the New Orleans-based holding company for First NBC Bank, has priced its initial public offering of 4,166,667 shares of common stock at a price to the public of $24 per share. The common stock has been approved for listing on the NASDAQ Global Select Market, trading under the [...] [...]
by MBJ Staff Published: May 6,2013
Tags: aid, assistance, bank, banker, disaster, disaster recovery, emergency, entrepreneur, entrepreneurship, finance, financial institution, flood, flooding, hurricane, loan, natural disaster, rain, small business, tropical, Weather, wind
SOUTHEAST MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that June 3 is the filing deadline for federal economic injury disaster loans available in Clarke, George, Greene, Jackson,Lauderdale and Wayne counties as a result of Hurricane Isaac. Under this declaration, the SBA’s Economic Injury Disaster [...] [...]
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 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: 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 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 [...] [...]
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