News Topic: Mississippi

The Mississippi company said it has recorded most of the expected charge-offs tied to the last severe decline in oil prices. ... Read full article

While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets. ... Read full article

Brand Group in Georgia was mulling a public offering but it opted to test the waters as a seller first. That decision led to one of the biggest deals announced this year. ... Read full article

Auto lenders would be well advised to keep up their guard as states — particularly blue ones — take steps of their own to crack down on what they see as abusive practices. ... Read full article

Dan Rollins engineered nearly a dozen deals while at Prosperity Bank. Now CEO at BancorpSouth, he has returned to M&A after spending four frustrating years dealing with compliance issues. ... Read full article

BancorpSouth, which had two prior deals delayed over BSA and CRA issues, has agreed to buy a bank in the Houston area. ... Read full article

An increase in total loans and a lower tax rate helped the Mississippi company offset revenue it lost after selling a consumer finance business. ... Read full article

The Mississippi company will gain nearly $2 billion in loans after it buys Brand Group Holdings. ... Read full article

BankFirst Financial Services in Columbus, Miss., has acquired HomeFirst, a mortgage services firm. ... Read full article

Harrison Finance has 35 offices, nearly 140 employees and about $95 million of outstanding loans. ... Read full article

The company sold common stock to employees, existing shareholders and new investors. ... Read full article

The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio. ... Read full article

The company, which agreed to buy Southwest Bancshares in Mobile, also plans to sell $45 million in stock to help fund the deal. ... Read full article

Increased investor appetite and the emergence of specialized debt ratings are expected to spur demand, and community banks are looking for ways to fund expansion and hedge against future economic downturns. ... Read full article

The company, which plans to change its name to Hancock Whitney next year, reported increased profit that reflected balance sheet growth. ... Read full article

With the move, the Mississippi bank would no longer be regulated by the Federal Reserve. The decision comes after the bank struggled with Bank Secrecy Act and Community Reinvestment Act compliance. ... Read full article

The Mississippi company reported higher quarterly earnings despite ongoing energy challenges. Hancock also benefited from its April purchase of the failed First NBC Bank. ... Read full article

The Mississippi company said Mitchell Waycaster will succeed Robin McGraw in May 2018. ... Read full article