by Associated Press Published: February 27,2013
Tags: bank, banking, banking and finance, case, contractor, court, fraud, home, house, housing, justice, law, legal, mayor, real estate, residence, residential, trial
SOUTHAVEN — Former Southaven city contractor James Malcolm Harris Jr., who has business ties to Mayor Greg Davis and was recently indicted on bank fraud charges, has had his federal trial reset for Sept. 9. Harris’ attorney, David Hill, asked the court to delay a March 4 trial, saying they needed more time to prepare [...] [...]
JACKSON — Trustmark Corporation has completed its merger with Mobile, Ala.-based BancTrust Financial Group Inc., as well as the merger of BankTrust with and into Trustmark National Bank. Gerard R. Host, President and CEO of Trustmark, stated, “We are delighted to expand the Trustmark franchise across Alabama, including the attractive Mobile, Montgomery and Selma markets, [...] [...]
by MBJ Staff Published: September 18,2012
Tags: bank, banking and finance, disaster, disaster recovery, drought, dry, emergency, entrepreneur, federal agency, federal government, heat, loan, natural disaster, small business, Weather
NORTH MISSISSIPPI — The U.S. Small Business Administration reports 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 Alcorn, Benton and Tippah counties as a result of the drought and excessive heat. Under this declaration, the [...] [...]
by MBJ Staff Published: September 18,2012
Tags: architect, architecture, bank, banking and finance, branch, building, design, environment, facility, green, plan
HERNANDO — Shortly after the opening of the Southern Bancorp Hernando Branch in summer 2011, Southern applied for LEED (Leadership in Energy and Environmental Design) certification. The United States Green Building Council (USGBC) has now awarded the Hernando Branch its LEED Certification – the first LEED Certified bank building in the State of Mississippi, according [...] [...]
by Ted Carter Published: March 12,2012
Tags: Band of Bankers, banking and finance, Curt Gabardi, Highland Colony, Metropolitan Bank, Mississippi, Mississippi Business Journal, Regions Bank, Ridgeland Mississippi, Tennessee, The Township of Highland Colony
>> Gabardi’s idea was to cultivate a niche space in which Metropolitan’s bankers would compete against other bankers — not other banks As the sky seemed to be falling on the nation’s banking sector in 2008, veteran banker Curt Gabardi and his “Band of Bankers” executive corps decided there may never be a better time [...] [...]
by MBJ Staff Published: January 18,2012
Tags: banking and finance, Banks, deposits, earnings, financial institutions, income, loan losses, loans, publicly traded company, revenues
TUPELO — Renasant Corporation, for the fourth quarter of 2011, saw net income of $5.79 million, compared to $4.721 million for the fourth quarter of 2010. Basic and diluted earnings per share (EPS) were $0.23 for the fourth quarter of 2011 as compared to basic and diluted EPS of $0.19 for the fourth quarter of [...] [...]
by MBJ Staff Published: January 18,2012
Tags: banking and finance, Banks, financial institutions, investing, investments, investors, public offering, publication, publicly traded company, shares, stocks
TUPELO — BancorpSouth Inc. has commenced an underwritten public offering of $100 million of its common stock. The company said it intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of common shares sold pursuant to this transaction. All of the shares are being offered by the Tupelo-based [...] [...]
NORTH MISSISSIPPI — Federal Reserve Bank of St. Louis president James Bullard recently discussed his new research paper, titled “Death of a Theory,” with members of various financial institutions and local business leaders at the Edward Jones Annual Meeting. Bullard discussed business cycle stabilization using fiscal rather than monetary policy. The former attempts to react [...] [...]
ACROSS MISSISSIPPI — LendingTree.com has released data highlighting the average loan amount on residential real estate purchases for all 50 states and Washington D.C. for the year. Hawaii, by far, leads the nation with an average home loan amount of $677,299, followed by Washington, D.C., at $393,453, New Jersey at $344,240 and New York at [...] [...]
by MBJ Staff Published: January 12,2012
Tags: banking and finance, Banks, disaster, disaster declaration, disaster recovery, drought, financial institutions, heat, loans, natural disaster, small businesses
BENTON COUNTY and MARSHALL COUNTY — The U.S. Small Business Administration’s 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 Benton and Marshall counties in Mississippi as a result of drought and excessive heat that occurred from [...] [...]
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