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Tag Archives: finance

Hattiesburg banker elected as President of Mississippi Young Bankers

Wes Rouse of Magnolia State Bank in Hattiesburg has been elected to serve as President of Mississippi Young Bankers, a section of the Mississippi Bankers Association. Bob Glover of The Peoples Bank in Ripley was elected Vice-President, and Marc Petro of Community Bank in  Ridgeland is Treasurer. MYB conducts programs around the state about personal finance. The section also promotes leadership ...

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USM student-athletes excel in banking and finance program

We’ve all seen or heard the conventional rap on collegiate student-athletes: preferential treatment while taking the easiest courses offered. At The University of Southern Mississippi, that long-held stereotype has been expelled. Enter Cameron Tom, Picasso Nelson Jr., Parker Adamson, Brittany Taylor, and Randall Dias II – scholarship student-athletes who are making distinct marks in the highly demanding banking and finance ...

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Regions plans $23 million Hattiesburg facility, 90 more jobs

By JACK WEATHERLY Regions Bank announced Monday that it will build a 75,000-square-foot operations center in Hattiesburg at a cost of $23 million and add 90 jobs. The facility will accommodate employees now working in three locations in downtown Hattiesburg, the bank said in a news release. Birmingham-based Regions Financial Corp. is by far the largest bank operating in Mississippi, ...

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‘The sky is the limit’ — MDA optimistic about 2017

By BECKY GILLETTE What’s ahead for Mississippi’s economy in 2017? Mississippi Development Authority Executive Director Glenn L. McCullough Jr. expects 2017 to be another exciting year in economic development in Mississippi. “Gov. Phil Bryant and the Mississippi Legislature have enacted several strong, pro-business measures like the phaseout of the franchise tax and the creation of the Mississippi Works fund which dedicates ...

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First Banshares plants flag in Florida, Louisiana with new acquisitions

» Parent company of The First fulfills market expansion strategy set in 2009 By TED CARTER / Hattiesburg Business Today Hattiesburg’s First Banshares first envisioned a market that stretched from Baton Rouge to Pensacola seven years ago. The $1.2billion holding company parent of The First reached that goal last week with agreements to acquire Iberville Bank in a cash deal ...

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Byrd named top mortgage banker

Margaret Byrd Margaret Byrd of The First, A National Banking Association, received the Mortgage Banker of the Year Award at the Mississippi Bankers Association Convention. Margaret previously owned and managed The Mortgage Connection and she is now Senior Vice President of Residential Mortgage Lending at The First. The Mortgage Connection was recently acquired by The First. Since 2001 the Mortgage Bankers ...

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Hattiesburg bank earnings rise to $1.9 million

Hattiesburg-based First Bancshares Inc. announced on Thursday that its net earnings for the first quarter were $1.9 million, or 36 cents per share, compared with $1.3 million, or 25 cents for the corresponding quarter in 2014. Assets grew by 4.8 percent to reach $1.1 billion as of March 31. Loans stood at $716 million, up $11.8 million in the quarter. ...

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