Mississippi

Renasant in Tupelo, Miss., is the latest bank in the Deep South to announced a large stock offering.

Hancock Holding in Gulfport, Miss., is selling up to 5.75 million shares of common stock, in part to support potential acquisitions.

Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp.

First Bancshares in Hattiesburg, Miss., has exited the Troubled Asset Relief Program, thanks partly to an assist from another bank.

Some banks are set to get a fourth-quarter earnings boost from their MSR portfolios, thanks to a sudden spike in yields on Treasury bonds. Add to that the prospect of further rate hikes and the potential dismantling of Basel III, and more banks could be encouraged to re-enter the servicing business.

Banks already have a difficult time collecting data on mortgage lending to minorities. New data requirements scheduled to take effect in early 2018 could lead to even more mistakes — and financial penalties — not to mention higher compliance costs and longer delays in closing loans.

Trustmark in Jackson, Miss., has agreed to buy RB Bancorp. in Athens, Ala.

The president of the Kansas City Federal Reserve Bank is best known for her dissenting votes on monetary policy, but that's not the only way she stands out. Her background as a farmer and former bank examiner gives her a unique perspective among Fed officials.

The $13 billion-asset company said in a press release Tuesday that its third-quarter earnings rose 9.5% from a year earlier to $31 million, or 46 cents a share.

Its loan-loss provision increased largely due to energy-related loans, but Hancock Holding in Gulfport, Miss., still reported higher third-quarter profits. Lower expenses and an increase in lending for healthcare, equipment finance and mortgages were the main reasons.