Posts Tagged ‘banking’

First American Title Insurance Company promotes Jim Nelson

by Published: August 22,2014

Tags: banking, Business, education, finance, Mississippi, news. newsmakers

First American Title Insurance Company has promoted Jim Nelson to vice president and deputy general counsel, operations. Most recently, Nelson served as the vice president and senior operations counsel for First American’s Direct and Agency divisions in the southwest region. In 2007, Nelson returned to First American Title following a six-year term serving as Mississippi […] [...]

Citizens Holding repurchasing up to 200K shares of common stock

PHILADELPHIA — Citizens Holding Company’s board of directors has authorized the repurchase of up to 200,000 shares of its outstanding common stock over the next 36 months. As part of the share repurchase program, shares may be purchased in open market transactions, including through block purchases, through privately negotiated transactions, or pursuant to any trading […] [...]

Community Bank names new officers

by Published: August 20,2014

Tags: banking, Business, Mississippi

  Community Bank has named new officers. Marshall J. Eleuterius has been promoted to executive vice president for Community Bank in D’ Iberville. He has over 10 years of experience in the commercial lending industry. Eleuterius, a native of Biloxi, is a graduate of William Carey College. He is also a graduate of the Mississippi […] [...]

Community Bank, Pinnacle Trust ink new agreement

BRANDON and MADISON — Community Bank has entered into an agreement with Pinnacle Trust to offer a comprehensive wealth management platform. The new service, named Community Wealth Management, will not only provide investment services but, also asset management, financial planning and trust services. “We are excited that we will be able to provide our customers […] [...]

Southern Bancorp to acquire Bank of Bolivar County

by Published: August 19,2014

Tags: Arkansas, banking, Business, finance, Mississippi

Southern Bancorp, Inc. (“Southern”), a rural-focused Community Development Financial Institution (“CDFI”) and holding company for Southern Bancorp Bank, today announced it had signed an agreement to acquire the Bank of Bolivar County, which operates two branches in the Mississippi communities of Shelby and Mound Bayou. Southern currently operates a branch in Shelby, but Mound Bayou will […] [...]

SPECIAL REPORT: Training emphasized way to double fees on loans for All American Check Cashing

by Published: August 11,2014

Tags: All American Check Cashing, banking, Business, Madison, Mississippi

Just how does a payday lender get double fees off a $200 payday loan to a borrower who is paid monthly? The answer is in an October 2012 training document prepared by Madison’s All American Check Cashing and is part of a practice that has the company in hot water with state regulators. Central to […] [...]

Peoples reverses loss, posts $335K in net earnings during quarter

BILOXI — Peoples Financial Corporation (NASDAQ Capital Market: PFBX), parent of The Peoples Bank, reported net earnings of $335,000 for the second quarter of 2014 and $914,000 for the first half of the year, announced Chevis C. Swetman, chairman and CEO of the holding company and the bank. Second quarter profits reversed a loss of […] [...]

Citizens Holding records steep increase in net income

PHILADELPHIA — Citizens Holding Company (NASDAQ: CIZN) has released results of operations for the three and six months ended June 30, 2014. Net income for the three months ended June 30, 2014, was $2.093 million, or $0.43 per share-basic and diluted, up from $1.604 million, or $0.33 per share-basic and diluted for the same quarter […] [...]

Investigation leads to $10M settlement with payday lender ACE Cash Express

Texas-based ACE Cash Express, a large payday lender with a franchise store in Hattiesburg, has been hit with $10 million in penalties from the fledgling Consumer Financial Protection Bureau. ACE Cash Express, CFPB Director Richard Cordray charges, was “relentlessly overzealous” in pursuit of overdue borrowers. ACE Cash Express unlawfully called employers of tardy borrowers and […] [...]

Renasant reports much higher net income after First M&F buy

TUPELO — During the second quarter of 2014, Renasant Corporation saw net income increase 85 percent to $14,853,000, or basic and diluted earnings per share (EPS) of $0.47, compared to $8,019,000, or basic and diluted EPS of $0.32, for the second quarter of 2013. The company’s balance sheet and results of operations as of and […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments