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Tag Archives: deposit

Citizens Holding records steep increase in net income

PHILADELPHIA — Citizens Holding Company (NASDAQ: CIZN) has released results of operations for the three and six months ended June 30, 2014. Net income for the three months ended June 30, 2014, was $2.093 million, or $0.43 per share-basic and diluted, up from $1.604 million, or $0.33 per share-basic and diluted for the same quarter in 2013. Net interest income ...

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BancorpSouth posts healthier quarterly profit

TUPELO — Regional bank BancorpSouth Corp. saw profit rise for the third quarter in a row, jumping 37 percent in 2014’s first quarter from the same three months in 2013. BancorpSouth posted quarterly profit yesterday of $28.4 million, or 30 cents per share. That’s up from $20.8 million or 22 cents per share in 2013’s first quarter. Analysts polled by ...

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Trustmark Corp. sees gain in quarterly profit

JACKSON — Regional bank Trustmark Corp. says profit in 2013’s fourth quarter rose 1 percent from the same three months of 2012, as the company worked to increase efficiency after its takeover of the former BancTrust Financial Group. Trustmark posted quarterly profit yesterday of $28 million, or 42 cents per share. That compares to $27.7 million, or 43 cents per ...

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Citizens reports increase in net profit for quarter, year

PHILADELPHIA — Citizens Holding Company (NASDAQ: CIZN) has released its results of operations for the three and 12 months ended Dec. 31, 2013. Net income for the three months was $2.122 million, or $0.44 per share-basic and diluted, up from $1.740 million, or $0.34 per share-basic and $0.33 per share-diluted for the same quarter in 2012. Net interest income for ...

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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 is the first full quarter ...

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Hancock's profits tumble on expenditure for cost-cutting measures

GULFPORT — Regional bank Hancock Holding Co. said profit in 2013’s third quarter fell 30 percent as its spent $20.9 million on cost-cutting. Hancock, which operates Hancock Bank in Mississippi, Alabama and Florida, and Whitney Bank in Louisiana and Texas, posted quarterly profit of $33.2 million, or 40 cents per share. That’s down from $47 million or 55 cents per ...

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The First accounts for merger, net income down nearly 25 percent

HATTIESBURG — The First Bancshares Inc. reports net income available to common stockholders for the three months ended June 30 amounted to $706,000, or $.18 per diluted share, compared to $931,000, or $.30 per diluted share for the same quarter in 2012, a decrease of $225,000 or 24.2 percent. Net income available to common shareholders exclusive of merger related costs ...

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Presley introduces rule aimed at aiding domestic violence victims

JACKSON — Public Service Commissioner Brandon Presley has proposed a new rule aimed at giving victims of domestic violence a financial means to escape dangerous homes. The rule, which is modeled after similar measures in Louisiana and Texas, requires Mississippi utilities to waive initial deposits for customers who have been determined to be a victim of domestic violence by a ...

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