Posts Tagged ‘financial institution’
by MBJ Staff Published: March 4,2013
Tags: aid, assistance, bank, banker, banking, disaster, disaster recovery, disaster response, emergency, entrepreneur, Farrington Distinguished Entrepreneur Award, federal agency, federal government, finance, financial institution, legislative, loan, small business
WASHINGTON — U.S. Sen. Mary L. Landrieu, D-La., and Sen. Thad Cochran, R-Miss., have introduced a bill designed to make U.S. Small Business Administration (SBA) disaster programs more responsive to the needs of small businesses impacted by disasters. The bill is also co-sponsored by Sen. Kirsten Gillibrand, D-N.Y., and Sen. Mark Pryor, D-Ark. According to [...] [...]
by MBJ Staff Published: February 26,2013
Tags: award, bank, banker, banking, business loan, entrepreneur, entrepreneurship, finance, financial institution, honor, lending, loan, recognition, small business, startup
GULFPORT — Hancock Bank and Whitney Bank have received a combined eight national and regional Greenwich Excellence Awards in Small Business and Middle Market Banking for 2012. According to a news release, the two Gulf South financial institutions were among the top six percent of eligible organizations to earn the coveted Greenwich Associates recognition, which [...] [...]
by MBJ Staff Published: February 21,2013
Tags: acquisition, bank, banker, banking, buy, expansion, finance, financial institution, merger, purchase, sale, sell
BILOXI — The boards of directors of Community Bank, National Association, based in Alabama and the recently acquired Community Bank, Destin, Fla., have voted to merge with Community Bank, Coast, headquartered in Biloxi. Terms were not disclosed. According to Community Bank, the merger creates a $588-million bank consisting of 15 offices of Community Bank from [...] [...]
by Associated Press Published: February 21,2013
Tags: bank, banker, banking, bench, court, embezzlement, finance, financial institution, judge, judicial, judiciary, justice, law, legal, plea, teller, theft
PICAYUNE — The former head teller of a Picayune bank has pleaded guilty to participating in the theft of $117,000 from a vault. Vonetta Jordan, of Poplarville, pleaded guilty to bank fraud in U.S. District Court in Gulfport. She will be sentenced by U.S. District Judge Sul Ozerden on May 23 and faces up to [...] [...]
JACKSON — Trustmark Corporation has completed its merger with Mobile, Ala.-based BancTrust Financial Group Inc., as well as the merger of BankTrust with and into Trustmark National Bank. Gerard R. Host, President and CEO of Trustmark, stated, “We are delighted to expand the Trustmark franchise across Alabama, including the attractive Mobile, Montgomery and Selma markets, [...] [...]
by Associated Press Published: February 18,2013
Tags: bank, banking, bench, court, crime, embezzle, finance, financial institution, hearing, judge, judicial, judiciary, justice, law, legal, plea, theft, vault
PICAYUNE — A change of plea hearing is scheduled tomorrow for the former head teller of a Picayune bank accused of participating in the theft of $117,000 from a bank vault at Union Planters Bank. Vonetta Jordan, of Poplarville, is charged with bank fraud, conspiracy to commit mail fraud and 12 counts of making false [...] [...]
by MBJ Staff Published: February 7,2013
Tags: acquisition, bank, banker, banking, buy, finance, financial institution, merger, purchase, sale, sell, shares, stock
TUPELO and KOSCIUSKO — Renasant Corporation and First M&F Corporation have signed a definitive merger agreement pursuant to which Renasant Corporation would acquire First M&F Corporation (M&F), a bank holding company headquartered in Kosciusko and the parent of Merchants & Farmers Bank. Upon completion of the transaction, the combined company will have approximately $5.8 billion [...] [...]
by MBJ Staff Published: January 28,2013
Tags: asset, bank, banker, banking, deposit, earnings, finance, financial institution, financial statement, loan, net income, profit, publicly traded company, record
HATTIESBURG — The First Bancshares Inc. (NASDAQ:FBMS) reports net income of $4,048,000 for the year ended Dec. 31, 2012, which exceeds the previous high of $3,823,000 set in 2007. Net income available to common shareholders increased to $3,624,000, or $1.16 per diluted share, a 43.3 percent increase from the $2,529,000, or $.82 per diluted share [...] [...]
by MBJ Staff Published: January 28,2013
Tags: asset, bank, banker, banking, deposit, finance, financial institution, financial statement, loan, new income, publicly traded company
KOSCUISKO — First M&F Corp. reported 2012 net income of $6.985 million as compared to a net income of $4.373 million for 2011, a 59.7 percent increase. Earnings allocated to common shareholders were $4.919 million, or $0.54 basic and diluted earnings per share, compared to earnings of $2.584 million, or $.28 basic and diluted earnings [...] [...]
by Associated Press Published: January 25,2013
Tags: acquisition, anti-trist, bank, banker, banking, buy, expansion, finance, financial institution, merger, purchase, regulator, regulatory, sale, sell
JACKSON — Trustmark Corporation and Mobile, Ala.-based BancTrust Financial Group Inc. has received full regulatory approval in connection with the proposed merger of BancTrust into Trustmark. Subject to customary closing conditions contained in the merger agreement, the transaction is expected to be effective as of the close of business Feb. 15. “We look forward to [...] [...]
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