by Associated Press Published: March 1,2012
Tags: banking, Banks, casinos, Conventions, debt, entertainment, finance, financial institution, gambling, gaming, hospitality, hotels, lodging, meetings, refinancing, resort, restaurants, tourism, tourists, visitors
CHOCTAW — The Mississippi Band of Choctaw Indians has signed a debt refinancing agreement for the Pearl River Resort in Neshoba County and the Bok Homa Casino in Jones County. The new loan is for $78 million at a 6 percent variable rate for five years. The agreement was signed yesterday by Chief Phyliss J. [...] [...]
by Associated Press Published: February 28,2012
Tags: banking, Banks, bed and breakfast, Commercial Real Estate, Conventions, finance, financial institutions, foreclosure, historic structures, history, hospitality, lodging, meetings, property, real estate, tourism, tourists, vacations, visitors
NATCHEZ — United Mississippi Bank was expected to assume ownership of historic Monmouth today in foreclosure proceedings. Warren Reuther, president of New Orleans Hotel Consultants, said his company has met with bank representatives about the possibility of managing Monmouth. Reuther said the bank intends to do everything they can to keep Monmouth open because of [...] [...]
RIDGELAND — The American Bankers Association has recognized 10 banks for their outstanding leadership by honoring them with an ABA Community Bank Award. The 2012 awards were presented in seven categories ranging from Improving Financial Literacy to Reaching Out to the Underserved. The ABA selection committee awarded 10 banks from a field of nearly 200 [...] [...]
by Associated Press Published: February 22,2012
Tags: banking, Banks, construction, county government, courts, finance, financial institutions, funding, infrastructure, judges, judicial, judiciary, loan, projects
JACKSON COUNTY — Jackson County supervisors have voted to borrow $2.5 million in a five-year note to complete multiple projects. The Mississippi Press reports about $1.2 million will go toward site work on the new Adult Detention Facility and $430,000 will fund a Highway Patrol building on Mississippi 57. Another $430,000 will go to improvements [...] [...]
by MBJ Staff Published: February 21,2012
Tags: Banks, business education, colleges, construction, donations, education, financial institutions, fundraiser, fundraising, higher education, marketing, universities
HATTIESBURG — Thanks to a gift from The First Bancshares Inc., the University of Southern Mississippi Foundation’s Building Better Business Campaign has exceeded the $8 million mark on the way to reaching its $10 million goal. In addition, Southern Miss alumnus Chuck Scianna has issued a matching gift challenge to help raise the remaining $2 [...] [...]
by MBJ Staff Published: February 21,2012
Tags: Banks, borrowers, crdit union, credit, customers, dividends, financial, financial institutions, financing, patronage
RIDGELAND — The Southern AgCredit board of directors recently approved a patronage dividend for borrowers based on the financing cooperative’s solid 2011 earnings. Checks are being mailed to customers in mid-February. Southern AgCredit customers will receive a check for their portion of the $6.35 million cash patronage, plus a statement detailing their share of the [...] [...]
by MBJ Staff Published: February 8,2012
Tags: banking, Banks, colleges, consumer confidence, economy, education, electricity, energy, financial institutions, higher education, power, universities, utilities
STARKVILLE — Mississippians’ optimism about the economy jumped 10 percent from the third to fourth quarter of 2011, according to the latest Mississippi Index of Consumer Sentiment featured in the current edition of “Economy Watch.” Based at Mississippi State University’s College of Business, “Economy Watch” is published in cooperation with BankPlus and Entergy. More than [...] [...]
by MBJ Staff Published: February 2,2012
Tags: assets, banking, Banks, deposits, earnings, finance, financial institutions, loans, publicly traded company, revenue
NATCHEZ — Britton & Koontz Capital Corporation reports net income for the year ended Dec. 31, 2011, of $394,000, or $.18 per basic and diluted share, compared to $1.9 million, or $.90 per basic and diluted share, for 2010. Net income for the quarter ended Dec. 31, 2011, was $311,000, or $.15 per basic and [...] [...]
by MBJ Staff Published: January 31,2012
Tags: banking, Banks, disaster, disaster recovery, federal government, financial institutions, hail, loans, natural disaster, rain, severe weather, small businesses, tornadoes, Weather, wind
NORTH MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses that Feb. 24 is the filing deadline for federal economic injury disaster loans available in Alcom, Benton, DeSoto, Marshall, Tippah and Tishomingo counties in Mississippi. The SBA declared a disaster because of severe storms, tornadoes, straight-line winds and flooding that began April 23, [...] [...]
JACKSON — Trustmark Corporation reports net income available to common shareholders of $106.8 million for the year ended Dec. 31, 2011, which represented diluted earnings per common share of $1.66, an increase of 5.7 percent compared to figures one year earlier. Trustmark during 2011 produced a return on average tangible common equity of 12.25 percent [...] [...]
Loading ...