Previous Merger with Signature Bank Moved BancorpSouth into Springfield and St. Louis, Missouri Markets TUPELO, Miss., Aug. 1 /PRNewswire-FirstCall/ -- BancorpSouth, Inc.(NYSE: BXS) announced today that its subsidiary BancorpSouth Bank hasopened a full service banking location in the Saint Louis suburb O'Fallonand will open an additional location August 8 in Clayton, Mo., also a SaintLouis metropolitan area community. This is the result of the company's twosubsidiary banks, BancorpSouth Bank and The Signature Bank, merging underthe BancorpSouth Bank name and charter July 1, 2007. Previously, the respective parent holding companies, BancorpSouth, Inc.and City Bancorp, merged on March 1, 2007. At the time of the merger Signature Bank was operating a loanproduction office in Clayton, plus had a new office under construction inO'Fallon. BancorpSouth has completed the O'Fallon office, located at 100Christina Marie Drive, O'Fallon, Missouri and opened for business today.The Clayton office will open August 8 at 100 South Brentwood Boulevard,Clayton, Missouri . Both locations will offer full service banking,including retail, commercial and private banking services. BancorpSouth Chairman and CEO Aubrey B. Patterson said, "We are excitedabout expanding our BancorpSouth franchise in the Saint Louis market. Webelieve our unique BancorpSouth brand of local decision-making, supportedby a broad and sophisticated product line, technology and resources will bea combination that our Saint Louis customers will find quite satisfactory." BancorpSouth Missouri Region President David Kunze said, "Our customersbenefit from the resources, expertise and community bank approach thatBancorpSouth offers. We know that our two new locations will provideO'Fallon and Clayton with state-of-the-industry financial services." BancorpSouth Saint Louis President James Kratzer said, "We are pleasedto open the O'Fallon office today offering full service banking to thatgrowing community, and next week to do the same in Clayton. We are preparedto put the resources of BancorpSouth to work helping our customers and ourcommunities grow and prosper." The St. Louis Metropolitan Statistical Area is the largest in Missouriand is comprised of 17 counties in Missouri and Illinois, with a populationof approximately 2.8 million. In Springfield, Missouri, BancorpSouth nowoperates six banking locations as the result of the merger of The SignatureBank with BancorpSouth Bank. BancorpSouth, Inc., is a $13.2 billion-asset bank holding company. Thecompany operates approximately 290 banking and mortgage locations inAlabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee andTexas. The company provides traditional banking services, credit cards,mortgages, trust and fiduciary services through its principal subsidiaryBancorpSouth Bank. BancorpSouth's common stock is traded on the New YorkStock Exchange under the trading symbol BXS.
