GULFPORT — Hancock Holding Corp. says it’s on track to spend less than previously projected to wrap up its merger with the former Whitney National Bank, with profit rising in the fourth quarter. The parent of Hancock Bank and Whitney Bank said it earned $19 million in 2011′s fourth quarter, up from $17 million in [...] [...]
KOSCIUSKO — First M&F Corp. reports 2011 net income of $4.373 million, compared to a net income of $4.011 million for 2010, a nine percent increase. Earnings allocated to common shareholders were $2.584 million, or $0.28 basic and diluted earnings per share, compared to earnings of $15.071 million, or $1.66 basic and diluted earnings per [...] [...]
by MBJ Staff Published: January 25,2012
Tags: bank, banking, cellphones, finance, financial institution, insurance, investing, investments, investors, mobile app, publicly traded company, shares, smartphones, stock, telecommunications
TUPELO — BancorpSouth Inc. has closed an underwritten public offering of 10,952,381 shares of its common stock at a price to the public of $10.50 per share. The gross proceeds from the offering, before expenses, were $109.3 million. The proceeds from the offering will be used by the financial institution for general corporate purposes, including [...] [...]
Once prominent attorney Thomas D. Keenum Sr. will be sentenced Dec. 30 for federal bank fraud. The 71-year-old Keenum pleaded guilty in August 2010 to a scheme to defraud BancorpSouth of Booneville through a $135,447 loan. He faces up to 30 years in prison and $1 million in fines. Keenum’s sentencing was delayed more than [...] [...]
ACROSS MISSISSIPPI — Home foreclosure actions in Mississippi rose in July from the previous month, but were down from a year ago, according to a national foreclosure tracking firm. Irvine, Calif.-based RealtyTrac said 359 housing unit were targeted for some sort of foreclosure action last month — and all of those homeowners were at the [...] [...]
GULFPORT — A former Hancock Bank auditor is set for trial on a bank fraud charge alleging she converted checks for collections to money orders for personal use and forged her daughter’s name on some of them. The Sun Herald reports 45-year-old Lisa Brooks of Gulfport pleaded not guilty yesterday before U.S. Magistrate Robert Walker. [...] [...]
STARKVILLE — Renasant Corporation’s wholly owned subsidiary, Renasant Bank, is entering the Starkville banking market. Leading Renasant in Starkville will be banking veteran Tommy Tomlinson as Starkville Division president. Prior to joining Renasant, Tomlinson served for 28 years as an executive banker for another regional bank. Tomlinson attended Mississippi State University, graduating with a bachelor’s [...] [...]
Hattiesburg banker and community leader Hayden Mitchell has joined The First as head of the bank’s Mortgage Division. He has over 35 years of experience in bank lending and administration, with over 20 years experience in the Hattiesburg area. Mitchell received his BBA in banking and finance from Delta State University. He has earned numerous [...] [...]
Students focusing on finance have seen job opportunities at financial institutions dwindle Gulfport resident Jason, who didn’t want his last name used, graduated five years ago with a degree in banking and finance and went to work for a large regional bank as a loan officer. He quickly found out that the customer service side [...] [...]
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