| Business Summary | | BancorpSouth,
Inc.
is
a
bank
holding
company
with
commercial
banking
and
financial
services
operations
in
Mississippi,
Tennessee,
Alabama,
Arkansas,
Texas
and
Louisiana.
The
Company's
principal
subsidiary
is
BancorpSouth
Bank
(the
Bank).
The
Bank
and
its
subsidiaries
provide
a
range
of
financial
services
to
individuals
and
small-to-medium
size
businesses.
The
Bank
operates
investment
services,
consumer
finance,
credit
life
insurance
and
insurance
agency
subsidiaries,
which
engage
in
investment
brokerage
services,
consumer
lending,
credit
life
insurance
sales
and
sales
of
other
insurance
products.
The
Bank's
trust
department
offers
a
variety
of
services
including
personal
trust
and
estate
services,
certain
employee
benefit
accounts
and
plans,
including
individual
retirement
accounts,
and
limited
corporate
trust
functions.
As
of
December
31,
2000,
the
Company
and
its
subsidiaries
had
total
assets
of
approximately
$9.04
billion
and
total
deposits
of
approximately
$7.48
billion. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BXS
is
a
bank
holding
company
whose
subsidiaries
operate
167
offices
in
Mississippi,
western
Tennessee
and
Alabama.
For
the
six
months
ended
6/30/01,
interest
income
rose
7%
to
$343.8
million.
Net
interest
income
after
loan
loss
prov.
fell
less
than
1%
to
$153.7
million.
Net
income
fell
13%
to
$45.6
million.
Net
interest
income
reflects
higher
earning
assets,
offset
by
lower
net
interest
margin.
Lower
income
also
reflects
higher
salaries
and
benefits
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Aubrey Patterson, 57 Chairman,
CEO | $869K | L. Allen, Jr., 55 CFO,
Treasurer | -- | Harry Baxter, 55 Exec.
VP of Marketing, Vice Chairman | 244K | Gregg Cowsert, 52 Exec.
VP | 222K | Gary Harder, 55 Exec.
VP | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|