Tag Archives: finance

The First expands Gulf presence with BCB acquisition

July 2, 2014

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The First Bancshares Inc. (NASDAQ: FBMS), holding company for The First, A National Banking Association, has acquired BCB Holding Company Inc., holding company for Mobile, Alabama-based Bay Bank. Terms were not disclosed. The First president and CEO Hoppy Cole said, “We are excited about the opportunities that this merger will create in the Mobile market.” […]

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Bagley succeeding Kelley as president/COO of BancorpSouth

June 26, 2014

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One of Mississippi’s banks has a new president. The board of directors of BancorpSouth Inc. has selected Chris A. Bagley as the next president and COO of BancorpSouth Inc. and BancorpSouth Bank. Bagley will succeed James V. Kelley upon his previously announced retirement on Aug. 15. Bagley, who joined BancorpSouth earlier this year as an […]

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End of an era — Patterson retiring from BancorpSouth board

March 27, 2014

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BancorpSouth

One of Mississippi’s iconic bankers is finally calling it quits after more than 40 years of service. Aubrey Patterson, chairman of the board of directors of BancorpSouth Inc. will retire upon the expiration of his current term. Patterson will serve as a chairman emeritus following the expiration of his term. Patterson served BancorpSouth as president […]

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Owens passes IHL gavel to Patterson

January 23, 2014

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Former banker Aubrey Patterson is now the president of the Board of Trustees of State Institutions of Higher Learning. Bob Owens passed the gavel to Patterson at a recent board meeting held in Jackson. Patterson will officially take office on Feb. 1. “I look forward to continuing to work toward our goal of increasing educational […]

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Extension Service offering financial literacy workshop

September 19, 2013

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One of the needs many point to in Mississippi to improve quality of life here in the state in financial literacy, and a program offered through the Mississippi State University Extension Service is looking to address that issue. Extension is offering its Dollars and Sense 2013: Financial Education for the Classroom workshop to anyone who […]

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The anatomy of a scam

September 11, 2013

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I thought it sounded too good to be true when mere minutes after putting a couple of items for sale online I got a bite. Turns out I was right, and it gave me an up-close-and-personal look at the sheer nerve and ingenuity of today’s online scammers. I recently placed two items on the Jackson […]

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Out among the stars: Mississippi banks show strength with top Bauer ratings

June 10, 2013

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By Ted Carter Highlighting the strong stability of Mississippi’s banks, Bauer Financial has awarded five-star “Superior” ratings to over half of the state’s banks for their first-quarter performance, including two of the largest banks — Hancock Bank and Trustmark Bank. Two other major Mississippi banking entities — Birmingham-based Regions Bank and Tupelo’s Bancorp South — […]

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Hancock Bank statement on branch closures

May 17, 2013

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Hancock Bank and Whitney Bank have released a joint statement detailing the closures of more than 40 of its banks in five states. Only one Mississippi bank will reportedly close. As discussed during the recent Gulf South Bank Conference in New Orleans, Hancock Bank and Whitney Bank will close a combined 40-45 branches across the […]

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BlueFire lands financing MOU for Fulton project

November 6, 2011

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BlueFire Renewables, a California-based company, has entered into a memorandum of understanding with China Huadian Engineering Co. to finance its integrated Power Plant and Biorefinery in Fulton and up to five additional plants in the United States. According to Biofuels Digest, under the MOU, Huadian will invest equity by purchasing an interest in the BlueFire […]

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