by Associated Press Published: April 30,2013
Tags: acquire, acquisition, bank, banker, buy, expand, expansion, finance, financial institution, merger, n=banking, publicly traded company, sale, sell
HATTIESBURG — The First Bancshares Inc. has acquired First National Bank of Baldwin County, Ala. Terms of the acquisition, announced yesterday, were not made public. Officials say the acquisition expands The First into Alabama with five new branches. The First will now have 24 locations in Mississippi, Louisiana and South Alabama. The First will now [...] [...]
by MBJ Staff Published: April 24,2013
Tags: acquisition, bank, banker, banking, deposit, earnings, finance, financial institution, income, loan, merger, publicly traded company, real estate
TUPELO — Renasant Corporation has released its financial results for the first quarter of 2013. Net income for the first quarter of 2013 was $7,571,000, or basic and diluted earnings per share (EPS) of $0.30, as compared to $5,974,000, or basic and diluted EPS of $0.24, for the first quarter of 2012. “Our strong start [...] [...]
by MBJ Staff Published: April 23,2013
Tags: bank, banker, banking, deposit, eartning, finance, financial institution, insurance, law, legal, litigation, loan, mortgage, publicly traded company
TUPELO — BancorpSouth Inc. has released financial results for the quarter ended March 31. Highlights for the first quarter included: • Net income of $20.8 million or $0.22 per diluted share • Mortgage production of $425.9 million and mortgage sales of $445.9 million, which contributed to mortgage lending revenue of $12.3 million for the quarter, [...] [...]
by MBJ Staff Published: April 19,2013
Tags: aid, assistance, bank, banking, disaster, disaster recovery, emergency, entrepreneur, entrepreneurship, federal agency, finance, financial institution, hail, loan, natural disaster, rain, severe weather, small business, storm, tornado, Weather, wind
ACROSS MISSISSIPPI — The U.S. Small Business Administration approves disaster assistance to residents and businesses in several Mississippi counties affected by the severe weather and tornadoes, according to the Mississippi Emergency Management Agency. The declaration covers Noxubee County and the adjacent counties of Kemper, Lowndes, Oktibbeha and Winston. Applicants will be able to apply in [...] [...]
by Associated Press Published: April 19,2013
Tags: bank, banker, banking, board, board of directors, Chief Executive Officer, executive, finance, financial institution, headquarters, move, President, relocate
GULFPORT — Hancock Holding president and CEO Carl Chaney says the board of directors has asked him to move to New Orleans. Chaney tells The Sun Herald the Greater New Orleans represents approximately 41 percent of the company’s balance sheet. He says he plans to move his family in June. John Hairston, CEO and chief [...] [...]
TEC has appointed Timothy Frye as operations analyst in the Revenue Assurance Department in the corporate office in Jackson. In this role, Frye will be responsible for compiling and analyzing financial data as well as supporting the Revenue Assurance Department. Frye, currently residing in Jackson, graduated from Millsaps College with a bachelor of business, [...] [...]
by MBJ Staff Published: April 12,2013
Tags: bank, banker, banking, disaster recovery, drought, dry, emergency, entrepreneur, entrepreneurship, federal afgency, finance, financial institution, heat, loan, natural disaster, small business, Weather
NORTH MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that May 13 is the filing deadline for federal economic injury disaster loans. These loans are available in Alcorn, Benton and Tippah counties in as a result [...] [...]
by Associated Press Published: April 11,2013
Tags: bank, banker, banking, bench, case, Chief Executive Officer, court, finance, financial institution, fraud, judge, judicial, justice, legal, money laundering, trial
BUDE — The former chief executive officer or a south Mississippi bank has been charged with fraud and money laundering. A criminal information filed in federal court says Larry Barnette Hill was CEO of Peoples Bank of the South in Bude. A criminal information often means a defendant will plead guilty. The document says Hill [...] [...]
by MBJ Staff Published: April 10,2013
Tags: acquisition, attorney, bank, banker, banking, bench, class action, court, finance, financial institution, judge, justice, law, law firm, lawsuit, lawyer, legal, merger, purchase, sale, sell
KOSCIUSKO and TUPELO — Robbins Geller Rudman & Dowd, LLP of San Diego has started a class action, through an amended complaint filed on April 8 in the United States District Court for the Northern District of Mississippi on behalf of all holders of First M&F Corporation (FMFC) common stock as of Feb. 7, 2013, [...] [...]
Dudley M. Barnes, CFP, financial advisor at Barnes-Pettey Financial Advisors, LLC, an independent registered investment advisor and financial advisor with Raymond James Financial Services, was recently named to Barron’s list “The Top 1,000 Advisors” in the country. The 2013 list, published in February, ranked 1,000 advisors from all 50 states and the District of Columbia. [...] [...]
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