Many of life’s biggest financial decisions are made proactively . . . while others are reactive. It just goes with the territory. Labor long enough in the everyday grind of working life and you’ll face the fact that some financial decisions are just going to be made “on the fly.” However, to help make sure [...] [...]
by MBJ Staff Published: February 2,2012
Tags: assets, banking, Banks, deposits, earnings, finance, financial institutions, loans, publicly traded company, revenue
NATCHEZ — Britton & Koontz Capital Corporation reports net income for the year ended Dec. 31, 2011, of $394,000, or $.18 per basic and diluted share, compared to $1.9 million, or $.90 per basic and diluted share, for 2010.
Net income for the quarter ended Dec. 31, 2011, was $311,000, or $.15 per basic and diluted [...] [...]
HATTIESBURG — Russ Willis has resigned as the University of Southern Mississippi’s vice president for administrative affairs after only seven months in the position.
The Hattiesburg American reports Willis was responsible for the financial management of the university, its physical plant and human resources.
Taking over the position will be Chad Driskell, executive assistant to USM president [...] [...]
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 the [...] [...]
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 share [...] [...]
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 to [...] [...]
by MBJ Staff Published: January 20,2012
Tags: banking, Banks, finance, financial institutions, investing, investment, investors, publicly traded company, shares, stock, underwriters, underwriting
TUPELO — BancorpSouth Inc. reports the underwriters for the recently announced public offering of BancorpSouth Inc. common stock have exercised in full their over-allotment option to purchase an additional 1,428,571 shares at a public offering price of $10.50 per share.
The company intends to use the net proceeds of this offering for general corporate purposes, including [...] [...]
By now, the Christmas tree has been put out on the curb and you’re close to finishing all the candies and cakes you didn’t need to begin with. Its time again for that annual ritual and you know what I’m referring to: New Years Resolutions, or, more to the point, financial resolutions for the year [...] [...]
GULFPORT — A federal judge has sentenced 45-year-old Lisa Brooks of Gulfport for defrauding her former employer, Hancock Bank, of nearly over $144,000.
Chief U.S. District Judge Louis Guirola Jr. sentenced Brooks yesterday to serve two years in prison, with three years of supervised release, and to pay restitution. He also ordered her to perform 100 [...] [...]
by MBJ Staff Published: December 18,2011
Tags: Bok Homa Casino, Bryce Warren, Choctaw, Connie Deon, Dancing Rabbit Golf Club, finance, Geyser Falls Water Theme Park, Golden Moon Hotel & Casino, Isle of Capri Casino Lula, Lula, Mississippi Band of Choctaw Indians, Pearl River Resort, Philadelphia, Silver Star Hotel & Casino
The Mississippi Band of Choctaw Indians has hired Connie R. Deon as Pearl River Resort’s executive direct of finance. Deon has over 15 years of experience in finance. Most recently, she was the financial controller at Isle of Capri Casino in Lula.
Bryce Warren, the resort’s president/CEO, says Deon will assist in the planning, implementing, [...] [...]
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