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Tag Archives: Dan Rollins

Rolling with Rollins: BancorpSouth boosts investment, employment in Tupelo

By DENNIS SEID / Daily Journal TUPELO • Nearly seven years ago, Dan Rollins was tapped to lead BancorpSouth. The Texan was chosen to fill the shoes of longtime chief executive Aubrey Patterson, who spent four decades with the company. Rollins took over a bank that had stalled a bit in its growth plans, but the last two years have seen ...

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Job skills, education emphasized at MEC meeting

By JACK WEATHERLY The Mississippi Economic Council (MEC) is all about jobs and education. For that reason, speakers at the council’s annual meeting on Thursday talked and about where Mississippi stands in those categories. STAR students (the MEC’s Student-Teacher Achievement Recognition Program) were lauded and Gov. Phil Bryant ran down a litany of rankings that show that the state is ...

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BancorpSouth opens office in Austin, Texas

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc. has opened a loan production office at 11612 Bee Caves Road in Austin, Texas, providing a broad range of financial services to the Austin metropolitan area. “The Austin, Texas MSA consistently ranks at or near the top of almost all statistical publications regarding economic drivers and activity,” said BancorpSouth chairman and CEO ...

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BancorpSouth expands Tennessee footprint with Chattanooga office

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc., has opened a loan production office in Chattanooga, Tennessee, expanding the bank’s presence into Southeast Tennessee. BancorpSouth’s loan production office is located in downtown Chattanooga at 631 Broad Street and features a team of local lending and support professionals. The office is part of BancorpSouth’s Tennessee Metro Division. BancorpSouth Chairman and Chief ...

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Two BancorpSouth mergers delayed by federal inquiries

TUPELO — BancorpSouth Inc. has extended its merger agreements with Ouachita Bancshares Corp. and Central Community Corporation. BancorpSouth, Ouachita Bancshares Corp. and Central Community Corporation have determined additional time will be required to obtain regulatory approvals and to satisfy closing conditions necessary to complete their respective mergers.  They have extended their respective merger agreements to June 30, 2015. “We continue ...

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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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BancorpSouth buying Louisiana-based insurance firm

TUPELO — BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, has, signed a definitive agreement to acquire the assets of Lafayette, La.-based Knox Insurance Group, LLC. The transaction is expected to close immediately.  Financial terms of the pending transaction were not disclosed. “The Knox acquisition gives us an opportunity to meaningfully expand our market share in Southwest Louisiana,” said ...

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BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders and regulators approve, the deal ...

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