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Tag Archives: Trustmark

Trustmark Corp. completes $23.7 million purchase of Reliance Bank

Jackson-based Trustmark Corp. on Monday said it has completed  its previously announced acquisition of Athens, Ala.-based Reliance Bank for $23.7 million in cash. “We are excited to welcome our newest associates and their customers to the Trustmark family and further expand our franchise in Athens and the surrounding Huntsville area,” said Trustmark President and Chief Executive Gerald R. Host. “Reliance Bank, ...

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Trustmark selects McInnis

Rachael McInnis has been promoted to Assistant Vice President at Trustmark’s corporate headquarters in Jackson. She previously was  Loan Portfolio Risk Administrator. McInnis has six years of banking experience.  She earned a Master of Business Administration in Finance and a Bachelor of Science in Business Administration with a concentration in Accounting from Mississippi College. McInnis is active in the Daughters ...

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Trustmark Bank promotes Johnson

Trustmark has promoted Janelle Johnson to First Vice President at its corporate headquarters in Jackson, where she serves as Human Resources Information Systems Manager. Johnson has 29 years of experience in human resources with Trustmark. She is a member of the Quest International User Group and a member of Country Woods Baptist Church, where she serves on the personnel committee.

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Trustmark fourth quarter income up 4.9 percent

By JACK WEATHERLY Trustmark Corp. reported net income of $28.9 million for the fourth quarter, or 43 cents per share, a 4.9 percent increase from a year earlier. Net income for the year was $108.4 million, or $1.60 per share, compared with $116 million in 2015, the Jackson-based bank holding company reported in a release on Tuesday. Excluding one-time charges for ...

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Trustmark Corporation and RB Bancorporation announce definitive merger agreement

  Trustmark Corporation (NASDAQ:TRMK) (“Trustmark”) and RB Bancorporation announced today the signing of a definitive agreement pursuant to which RB Bancorporation would merge into Trustmark. RB Bancorporation, with assets of $210 million, is the holding company for Reliance Bank, which has seven offices serving the Huntsville, Alabama MSA. Under the terms of the definitive agreement, which has been approved unanimously ...

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Trustmark reports earnings up for third quarter

MBJ staff and wire services Trustmark Corp. reported on Tuesday net income of $31 million, or 46 cents per common share, in the third quarter of 2016, compared with $28.4 million, or 42 cents, a 9 percent increase, a year earlier. The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also ...

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Bank promotes Jason Johnson

Jason E. Johnson has been promoted to Assistant Vice President at Trustmark’s Laurel Main office, where he serves as Commercial Relationship Manager. Johnson has nine years of banking experience. He develops and manages commercial loan accounts, provides portfolio maintenance and loan administration, and participates in business development activities. Johnson earned a Bachelor of Business Administration in Banking and Finance from ...

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BANKERS READY TO BUILD — 200 volunteers from 9 financial institutions to work together at Habitat house

By LISA MONTI  Nine Jackson area financial institutions will join together for the first time as a team to build a Habitat for Humanity Mississippi Capital Area home in a south Jackson neighborhood. The banks all have supported Habitat by building houses, sponsoring events and serving on boards and committees, but this year’s build will be the first time employees ...

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Trustmark garners award

Trustmark received the 2014 Corporate Social Responsibility Award, presented by the Financial Services Roundtable. The award was given to FSR member companies who demonstrated a commitment to strengthening the communities in which they serve through leadership, voluntarism, monetary contributions and promotion of financial literacy education. Trustmark, along with 22 other FSR member companies, was the recipient of this prestigious award ...

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