Posts Tagged ‘finance’

Developers of a 2nd Coast casino miss financing deadline

MISSISSIPPI GULF COAST — Developers of two proposed casinos for the Mississippi Gulf Coast have missed deadlines to secure financing to build their projects. Tuesday, Rotate Black, which has a site approval at the Gulfport Harbor to build the $112 million Hemingway Casino failed to meet the 5 p.m. deadline. Monday, developers for the Scarlet […] [...]

Louisiana officials, FDIC give nod to bank branch in Natchez

NATCHEZ — The Louisiana Office of Financial Institutions and the FDIC have approved an application of Delta Bank of Vidalia, La., to open a full-service branch in Natchez. Bank officials said the move twill position Delta Bank to enhance banking convenience in a region of the state it has long served and understands well. The […] [...]

KiOR borrows $25M; avoids defaulting on loan

COLUMBUS — Alternative-fuel maker KiOR Inc. has borrowed enough money to keep operating through August. The Pasadena, Texas, company, which has a $225-million plant in Columbus, had warned last month that it had to raise more money for research and plant improvements. KiOR, in a stock filing today, said it had completed a deal to […] [...]

The Citizens Bank names presidents

by Published: April 1,2014

Tags: banking, Business, finance, Mississippi

Blake Walker has joined the The Citizens Bank and will serve as president in its Hattiesburg office. A graduate of the University of Southern Mississippi, Walker has long been involved in a number of civic and economic development endeavors across the region. He is a member of the Sales and Marketing Professionals of the Pine […] [...]

Planters Bank promotes Chris Makamson, LeAnn Cummins and Chandra Hines

by Published: March 31,2014

Tags: banking, Business, finance, Mississippi

Planters Bank has made several promotions. Chris Makamson has been promoted to the new position of vice president/credit administrator. Makamson has worked in banking for 20 years with eight years at Planters Bank’s Indianola office. He received his B.P. in accounting from Mississippi State University and is a graduate of the Mississippi School of Banking […] [...]

Matt Allen promoted by Community Bancshares Inc.

by Published: March 31,2014

Tags: banking, Business, finance, Mississippi

Matt Allen has been promoted to SBA loan officer for Community Bancshares Inc., the parent company of Community Bank, in the SBA Department. Allen joined Community Bank in 2010 as a loan processor in the Central Documents Preparation Department. In 2012, he moved to the SBA Department to assist in loans. Active in the community, […] [...]

The Citizens Bank hires Sharon Pollina

by Published: March 28,2014

Tags: banking, Business, finance, Mississippi, Newsmakers

Sharon Pollina has joined The Citizens Bank as assistant vice president and loan administration officer. Pollina, who is located at the Biloxi Cedar Lake Branch, has worked in the banking industry since 1994. She is a native of Ocean Springs where she resides with her husband, Nick and their two sons, Sam and Trey. [...]

Barnes-Pettey’s Dudley Barnes makes national ranking

by Published: March 28,2014

Tags: Business, Clarksdale, Delta, finance, Mississippi

Dudley M. Barnes, CFP, financial advisor at Barnes-Pettey Financial Advisors, LLC, and with Raymond James Financial Services, was recently named to Barron’s list “The Top 1200 Advisors” in the country. The 2014 list, published in February, ranked 1,200 advisors from all 50 states and the District of Columbia. Barnes, offers his clients financial planning and […] [...]

Mississippi banks continue gains in operating income

by Published: March 28,2014

Tags: banking, Banking & Finance, Business, consumers, finance, Mississippi

Mississippi’s 86 FDIC-insured financial institutions ended the final quarter of 2013 with a year-over-year quarterly gain in operating income of $16 million, joining their counterparts nationally in making gains the FDIC attributed to lower expenses for loan-loss provisions and money put aside for litigation. While the $16 million may seem insubstantial, the $538 million total […] [...]

Federal Reserve gives nod to Regions’ capital plan

BIRMINGHAM, Ala. — The Federal Reserve has indicated to Regions Financial Corporation that it does not object to the company’s capital plan and proposed capital actions covering the period from April 1, 2014, to March 31, 2015. The capital plan was submitted to the Federal Reserve on Jan. 6, as part of the Comprehensive Capital […] [...]

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