Mississippi

Ambitious Renasant Corp. in Mississippi is still billions of dollars away from a key regulatory threshold of $10 billion in assets, but it's getting ready now for the demands that come with growing that large. Two of its top executives explain why.

The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.

Trustmark Corp. in Jackson Miss., reported a rise in quarterly profit that benefited from a larger loan portfolio.

Peoples Financial reported a quarterly loss after two bad loans put a crater in the Biloxi, Miss., company's bottom line.

The Mississippi company withdrew two merger applications in August after the FDIC targeted its Bank Secrecy Act compliance. Management says it has made significant progress and is looking forward to a follow-up exam early next year.

Pinnacle Bancorp in Central City, Neb., has agreed to buy Home State Bank in Louisville, Neb.

Southern Bancorp in Arkadelphia, Ark., has agreed to buy the Bank of Bolivar County in Shelby, Miss.

BancorpSouth has withdrawn applications for two planned acquisitions after the Tupelo, Miss., company drew regulatory scrutiny for its Bank Secrecy Act compliance.

Hancock Holding in Gulfport, Miss., reported lower quarterly earnings, primarily because of lower returns from its loan portfolio.

First Bancshares (FBMS) in Hattiesburg, Miss., has redeemed preferred stock BCB Holding in Mobile, Ala., issued to the Treasury Department under the Troubled Asset Relief Program.

Dozens of insurers have sold off their banks in recent years, with just a handful choosing to remain in the business. Mutual of Omaha Bank is committed to building a traditional community banking culture with its parent company's backing.

ALEXANDRIA, Va. — NCUA announced Monday that it has approved a federal charter for First Unity Federal Credit Union in McComb, Miss.

BancorpSouth (BXS) in Tupelo, Miss., has named a new president as part of a broader redesign of its management structure by Chief Executive Dan Rollins.

Trustmark (TRMK) in Jackson, Miss., reported earnings of $29 million in the first quarter, up 13% from the same period last year.

BancorpSouth (BXS) in Tupelo, Miss., reported higher quarterly profit fueled by acquisitions and improved operating performance.

Hancock Holding (HBHC) in Gulfport, Miss., reported higher quarterly earnings after it aggressively cut costs.

BancorpSouth (BXS) in Tupelo, Miss., has acquired Knox Insurance Group in Lafayette, La.

BancorpSouth, an active M&A player in the Gulf Coast region, is losing four directors, including longtime Chairman Aubrey Patterson, while adding two others.

Hancock Holding (HBHC) in Gulfport, Miss., has agreed to sell its property and casualty and group benefits lines of business to AssuredPartners in Lake Mary, Fla.

Platte Valley Financial Services in Scottsbluff, Neb., is buying a bank it played a role in forming.