TUPELO, Miss. (AP) – A Mississippi bank will pay $146 million in stock and cash to buy a Texas bank. Tupelo-based BancorpSouth announced Thursday that it would buy Icon Capital Corp, whose Icon Bank has seven offices and $794 million in assets in the Houston area. BancorpSouth will pay stock valued at $128.3 million, plus […]
By SARAH SMITH Associated Press RIDGELAND, Miss. (AP) – A 16-year-old bank robbery suspect in Mississippi was wounded after being shot by at least one police officer. Ridgeland Police Chief John Neal says the suspect was hospitalized with wounds that are not considered life-threatening. Neal says a masked person robbed a branch of BancorpSouth about […]
BancorpSouth is setting aside a $500 million loan fund aimed at Mississippi businesses, saying it will work with state officials to find qualified borrowers.
Gov. Phil Bryant appeared with BancorpSouth executives to laud the move on March 28. The officials spoke at the headquarters of C Spire Wireless, citing the eight-story office building as an example of a project made possible by cooperation between BancorpSouth and a state program.
“Ensuring that businesses have access to capital is a critical element in positioning Mississippi as the top spot for economic development,” Bryant said. “I applaud BancorpSouth for taking a leadership role in this new effort.”