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Tag Archives: banking and finance

Levens takes seat on Hancock board

GULFPORT — Long Beach native Jerry L. Levens, a Mississippi Gulf Coast CPA and certified fraud examiner, has been named to the Hancock Holding Company board of directors. A partner with Alexander, Van Loon, Sloan, Levens & Favre, PLLC, of Gulfport and Wiggins, Levens became a member of the Hancock Bank Mississippi board in May 2008. As a Hancock Holding ...

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The First gets new CEO

HATTIESBURG — M. Ray “Hoppy” Cole will be named CEO of The First, A National Banking Association and The First Bancshares. He took over as CEO Sept. 14. Cole is a founding director of the First National Bank of the Pine Belt (the predecessor bank of the current Laurel branch) and a director of The First Bancshares Inc. Cole joined ...

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Robinson named Magnolia president/CEO

BAY SPRINGS — After 30 years of serving as Magnolia State Bank president, CEO and chairman Thomas Brown has named a new president and CEO, Marcus Robinson, formerly with Regions Bank in Hattiesburg. Brown will continue to serve the bank as a full-time chairman of the board and will continue to maintain an office in Bay Springs. “With Marcus on ...

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Trustmark impacted by charge-offs

JACKSON — Trustmark Corporation reports net income available to common shareholders of $13.4 million in the second quarter of 2009, which represented basic earnings per common share of $0.23. Earnings during the quarter were impacted by a previously announced special FDIC deposit insurance assessment applicable to all insured depository institutions, which reduced Trustmark’s net income by $2.7 million, or $0.05 ...

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Citizens' income decreases

PHILADELPHIA — Citizens Holding Company saw net income for the three months ended June 30, 2009, decrease to $1.84 million, or $0.38 per share-basic and $0.37 per share-diluted, from $2.475 million, or $0.51 per share-basic and diluted for the same quarter in 2008. The provision for loan losses for the quarter was $824,000, compared to $559,000 for the same period ...

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Britton & Koontz's earnings fall

NATCHEZ — Britton & Koontz Capital Corporation reports net income for the three months ended June 30, 2009, was $758,000, or $0.36 per diluted share, compared to $848,000, or $0.40 per diluted share, for the quarter ended June 30, 2008. For the six-month period ended June 30, 2009, net income and diluted earnings per share were $1.4 million and $0.64, ...

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First M&F records more losses

KOSCIUSKO — First M&F Corp., for the quarter ended June 30, 2009, recorded a net loss of $5.111 million, or a negative $(.61) basic and diluted earnings per share, compared to the first quarter of 2009 loss of $27.241 million, or negative $(2.99) per share and a loss of $.466 million, or $(.05) basic and diluted earnings per share for ...

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