Posts Tagged ‘banking’

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 […] [...]

BancorpSouth’s efforts focused on remediating regulatory concerns

TUPELO — BancorpSouth Inc. saw its net income rise more than 15 percent to $28.8 million in the third quarter, as loans and insurance commission revenue increased. The company reports noninterest revenue was $69.3 million, up from $62.5 million for the year-ago period. Insurance commission revenue played a large role, rising from $23.8 million to […] [...]

Banks may love debit cards more than you

by Published: October 9,2014

Tags: banking, Business, finance, Mississippi, small business

Like banks across the country, in today’s digital world, State Bank & Trust in Cleveland is getting fewer requests for checks. “We don’t order nearly the checks we used to for people,” said Jerry Bullock, president, State Bank & Trust, Cleveland. “Most would rather use a debit card. Just about everyone uses a debit or […] [...]

South Mississippi woman pleads guilty to bank, wire fraud

PICAYUNE — A Picayune woman has pleaded guilty in connection with a fraud scheme in New Orleans. U.S. Attorney Kenneth Polite’s office says 50-year-old Kim Parish entered the plea yesterday to charges of bank fraud and wire fraud. Prosecutors said Parish worked as an accountant for a New Orleans information technology services business, which she […] [...]

BancorpSouth moves Houston office into Friendswood facility

TUPELO — BancorpSouth Bank has opened a loan production office in the Houston, Texas, suburb city of Friendswood. BancorpSouth initially opened an office in temporary office space just over five months ago in a Southwest Houston location. The office recently moved to its new location at 699 South Friendswood Drive, Suite 107. The move enhances […] [...]

Hancock Bank to celebrate its 115th year in operation

GULFPORT — At the turn of the 20th century, 19 South Mississippians envisioned a bank committed to helping local people succeed. So, with $10,000 in capital and a business plan built on core values, they opened Hancock Bank. On Oct. 9, Hancock Bank will celebrate 115 years of serving the Coast with festivities in Lighthouse […] [...]

IKE TROTTER: Life insurance is for the living — plan it that way

by Published: October 2,2014

Tags: banking, Business, finance, Greenville, Ike Trotter, Mississippi

It has become a custom to write about life insurance concepts during the month of September. The calendar has turned to October, but my annual message is still important. My annual comments are due in great part to the publicity generated by Life Insurance Awareness Month and the great work of the non-profit organization sponsoring […] [...]

« Previous Page Next Page »

Recent Posts

Polls

Should the IHL reconsider its position on firing Dan Jones as chancellor at the University of Mississippi?

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