Posts Tagged ‘Merchants and Farmers Bank’

Renasant sees rise in post-M&F merger profits

TUPELO — Renasant Corp. says profit in 2013′s fourth quarter rose 55 percent in the first reporting period following its takeover of First M&F Corp. Yesterday, Renasant posted quarterly profit of $11.3 million, or 36 cents per share. That’s up from $7.3 million, or 29 cents per share, in 2012′s fourth quarter. Because the period […] [...]

Renasant-First M&F merger done; new company holds $5.8B in assets

TUPELO and KOSCIUSKO — Renasant Corporation of Tupelo has completed its merger with First M&F Corporation, a bank holding company headquartered in Kosciusko and the parent of Merchants and Farmers Bank. The combined company has approximately $5.8 billion in total assets with 130 banking, mortgage, financial services and insurance offices throughout Mississippi, Tennessee, Alabama and […] [...]

First M&F closing 5 branches and selling one more

by Published: September 25,2011

Tags: FDIC, Hugh Potts Jr., Merchants and Farmers Bank

In closing five branches and selling another, Merchants and Farmers Bank CEO & Chairman Hugh Potts Jr. says the Kosciusko-based First M&F Corp. is adjusting to a banking market in which fewer customers rely on brick and mortar locations. But he insists the move that involves eliminating slightly more than 50 jobs is an adjustment […] [...]

First M&F makes changes

First M&F Corporation’s subsidiary, Merchants and Farmers Bank, has made changes in its executive management. Barry S. Winford, former chief credit officer, has been named executive vice president – corporate banking. In this position Winford will oversee business development, portfolio management and lending in the following areas: M&F Business Credit (asset-based lending), church and non-profit, […] [...]

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