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Banking & Finance

Peoples promotes three

Peoples Bank announced that Linda Lowe has been named SBA Credit Officer, Rhonda Welch named Assistant Vice President and Ashley Wester has been promoted to Marketing Officer. Lowe joined Peoples Bank in 2014 and has served in the bank’s Small Business Administration loan department for the past five years, serving as an SBA Lending Specialist. Prior to that assignment, Lowe ...

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Trustmark: net income up $33.3 million for quarter

Trustmark Corp. has reported net income of $33.3 million in the first quarter of 2019, or 51 cents per share. Trustmark declared a quarterly cash dividend of 23 cents per share, June 15 to shareholders of record on June 1. Gerard R. Host, president and CEO, stated in a news release: “We had a great start to the new year ...

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Hancock Whitney to buy struggling Louisiana bank for $213M

A Mississippi bank is buying a Louisiana bank and also expanding its Texas footprint. Hancock Whitney Corp. of Gulfport announced Tuesday that it will buy MidSouth Bancorp of Lafayette for $213 million in stock. MidSouth has been losing money, struggling with bad loans. MidSouth sold more stock, closed branches and sold off some loans. But it again posted a loss ...

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MISSISSIPPI PROFILES — Hardy Reed: A business built on trust

In a recent conversation with Scott Reed, CEO of Hardy Reed, I asked what differentiates Hardy Reed from other investment firms. “The key focus for our company is Objective Fiduciary Guidance,” Scott said. “Whereas most investment firms earn commissions from the transactions they manage, we work on a fee basis with our clients, and our prime objective is in creating ...

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White named as Internal Auditor, Assistant Vice President

Renasant has announced Michelle White has joined Renasant as Internal Auditor, and Assistant Vice President. White brings more than 18 years of banking and audit experience to her new position, and will be located at the Main Branch in Tupelo. White is a graduate of the Mississippi University for Women with a Bachelor of Business Administration, and completed the Graduate ...

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Universal bankers hired for Planters Bank’s Southaven branch

Planters Bank has announced the hiring of Elyssa Howell and Carson Phillips as universal bankers for the Southaven branch. Howell received her Bachelor’s degree in Integrated Marketing and Communications with a minor in Business from the University of Mississippi. She was awarded the University of Mississippi’s Trailblazer Award for Leadership and served as Miss Collierville. She volunteers with the Make ...

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Talbert hired as First Vice President

Planters Bank has announced the hiring of Jack Talbert as First Vice President for the Southaven branch. Talbert has held executive lending roles in Desoto County since 2004 and served as Vice President and Senior Vice President at two other local financial institutions. In 1992, he received his Bachelor of Business Administration from Christian Brothers University in Memphis, TN. He ...

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Collins promoted to human resources manager

Renasant announced the promotion of Sherria Collins to human resources manager. She began her career with Renasant as Processor in the CDP department at the Technology Center in 2004. Collins has been an employee at Renasant for 14 years. “We feel very fortunate to have Sherria as a member of our Human Resources team. Her promotion to HR Manager will ...

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Starkville’s Phillips-Gaines among nation’s top advisers

Lynn Phillips-Gaines, CFP, at Phillips Financial and financial advisor with Raymond James in Starkville, was recently named to Barron’s list of “The Top 1,200 Advisors” in the country for the fifth consecutive year. It is the largest, most comprehensive annual advisor list circulated by Barron’s. Barron’s, a weekly financial newspaper published by Dow Jones & Co., produced the listing of ...

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Robinson named Mississippi Regional President at CB&S Bank

The Board of Directors of CB&S Bank announced the addition of a Mississippi Regional President. Craig Robinson has been named Mississippi Regional President. In his new role, Robinson will be responsible for providing commercial banking sales leadership to CB&S Bank offices throughout Mississippi. Robinson has over 45 years of banking experience and has served in executive management positions, including President, ...

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