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Tag Archives: cash

BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders and regulators approve, the deal ...

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BancorpSouth merging with La. bank in stock/cash deal

TUPELO — BancorpSouth Inc. has signed a definitive merger agreement with Ouachita Bancshares Corp. and its wholly owned subsidiary, Ouachita Independent Bank (OIB) headquartered in Monroe, La., whereby Ouachita Bancshares Corp. will be merged with and into BancorpSouth, Inc. OIB operates 12 full-service banking offices; six in the Monroe-West Monroe, La., area, four in the Shreveport-Bossier City, La., area and ...

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Audit finds problems with county's accounting system

FAYETTE — An audit of Jefferson County’s fiscal year 2012 showed the county had unpaid interfund loans and cash accounts of more than $70,000 that were not recorded in the county’s central accounting system. In the audit, released yesterday, The Natchez Democrat reports auditors found the county had interfund loans that were outstanding after more than a year. An interfund ...

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Ex-bank teller guilty of stealing $117K from vault

PICAYUNE — A former teller at a Picayune bank pleaded guilty to bank fraud for her role in the theft of $117,000 from a bank vault at Union Planters Bank. The Sun Herald reports 43-year-old Debra Mitchell was released on a $25,000 unsecured bond pending sentencing on March 18. Mitchell, of Carriere, was charged with bank fraud in a bill ...

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All American closes on another acquisition

MADISON — All American Check Cashing has completed the acquisition of Payday Solutions, LLC, of Denham Springs, La. Terms were not disclosed. This marks the fifth merger and acquisition for All American this year and increases the total number of retail stores in Mississippi and Louisiana from 32 at the beginning of 2012 to 41. Michael Gray, president of All ...

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Ex-teller accused of stealing for drugs pleads innocent

GULFPORT — A Biloxi woman has pleaded not guilty to stealing $80,980 from a bank’s vault while she was employed as a vault teller. The Sun Herald reports 29-year-old Ashley Ann Keel entered her plea yesterday in U.S. District Court in Gulfport. Her trial is set for Dec. 3. Magistrate Judge Robert H. Walker ordered her held without bond Sept. ...

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