Posts Tagged ‘banking’

BancorpSouth opens office in Austin, Texas

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc. has opened a loan production office at 11612 Bee Caves Road in Austin, Texas, providing a broad range of financial services to the Austin metropolitan area. “The Austin, Texas MSA consistently ranks at or near the top of almost all statistical publications regarding economic drivers and activity,” […] [...]

Hairston named CEO/president of Hancock Holding

GULFPORT — Hancock Holding Company has announced that John M. Hairston has been named the company’s chief executive officer and president. Hairston served as CEO and chief operating officer for the parent of Hancock Bank. He succeeds Carl J. Chaney, who retired effective Friday. Hairston had been CEO/COO in 2008. He has served as an […] [...]

Bryant chooses new Mississippi banking commissioner, Charlotte Corley

by Published: November 10,2014

Tags: banking, Business, Madison, Mississippi

JACKSON — Mississippi Gov. Phil Bryant has chosen a new state banking commissioner to succeed one who left more than a month ago. Charlotte Corley of Madison has already begun working as commissioner, and will need to be confirmed by the state Senate during the 2015 legislative session. In announcing the nomination Monday, Bryant says […] [...]

BauerFinancial gives Hancock five stars for 100th consecutive quarter

GULFPORT — BauerFinancial Inc. has again awarded a 5-Star Superior rating to Hancock Bank. That recommendation (Bauer’s highest rating) affirms the bank as one of America’s strongest, safest financial institutions for the 100th consecutive quarter — 25 years in a row. BauerFinancial awarded its 5-Star rating to Hancock based on the company’s capital, asset quality, […] [...]

Community Bank breaks ground for new Spillway Road office

BRANDON — Community Bank has broken ground for its newest construction project. The site of new full-service bank office is located at 1871 Spillway Road, next door to the Fresh Market Café. Projected completion date is scheduled for summer of 2015. Fountain Construction Inc. based in Jackson, serves as general contractor for the project, and […] [...]

Hancock selling Whitney Bank branches in Houston

GULFPORT — Hancock Holding Co. says it will sell four Whitney Bank branches in Houston to Community Trust Bank of Ruston, Louisiana. Community Trust Bank will acquire $15 million in loans and $135 million in deposits, pending regulatory approval. The sale is expected to close by the end of March. No purchase price was disclosed. […] [...]

BANKING & WRITING — Greenville’s John Black working on third history book

by Published: October 30,2014

Tags: banking, books, Business, Greenville, Mississippi, Mississippi Delta

Greenville resident John T. Black didn’t set out to become an author after his retirement from a long banking career. However, through a series of serendipitous events, he has now written two books on Greenville-area history and has started a third that would represent his most ambitious to date. At first glance, banking and writing […] [...]

BlueFire looks to China for financing of biofuel plant

FULTON — A California-based biofuel company says the Export Import Bank of China may loan up to $270 million to build a plant in Fulton. BlueFire Renewables Inc. of Irvine, California, says the bank has signed a letter of intent. The U.S. Department of Energy ended funding to BlueFire last year after disbursing $12 million […] [...]

Peoples Bank reports quarterly loss due to bad loans

BILOXI — The parent of The Peoples Bank reported a net loss of $1.8 million for the quarter ending Sept. 30. Peoples Financial Corporation CEO Chevis Swetman says the loss stemmed primarily from issues with two loans. Swetman says the bank’s fundamentals remain sound, though it was forced to write down one loan and move […] [...]

Renasant records highest quarterly earnings in 110-year history

TUPELO — Renasant Corporation saw net income for the third quarter of 2014 increase to $15,535,000, or basic and diluted earnings per share (EPS) of $0.49, as compared to $6,637,000, or basic and diluted EPS of $0.24, for the third quarter of 2013. The company’s balance sheet and results of operations as of and for […] [...]

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