The Mississippi Banker - July August 2014

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Banker THE MISSISSIPPI

VOLUME 99 • NUMBER 1 JULY/AUGUST 2014

 126th Chairman

Mississippi Bankers Association


e epsake in e K A er yonsippi v E r fo issis the M Family! ing Bank

Don’t Miss Out on Your Opportunity to Own a Piece of Our Banking History! $24.95 Plus Shipping special magazine issue and/or

$54.95 Plus Shipping special hard cover edition

To Order: Call the MBA Office, (601) 948-6366 or email Rachel Chew at rchew@msbankers.com


FOUNDED 1889

The official publication of the Mississippi Bankers Association Rachel Chew • Editor

OFFICERS

Chairman Freddie Bagley, Brandon Vice Chairman George Marx, Hazlehurst Treasurer Frank Sibley, Marks President McKinley W. Deaver, Jackson

BOARD OF DIRECTORS Terms Expiring 2015 Mary Childs, Ripley Bill Freeman, Newton Wes Fulmer, Biloxi Brad Jones, Meadville Lorann Paige, Bay Springs Alan Walters, Jackson Terms Expiring 2016 Johnny Barrett, Oxford Robert Gage, Port Gibson Buddy Mortimer, Kilmichael Art Stevens, Jackson Terms Expiring 2017 Dennis Ammann, Mendenhall Greg Cronin, Biloxi Bobby Steinriede, Hollandale Mitch Waycaster, Tupelo James Wicker, McComb Ex-Officio Members Freddie Bagley, Chairman, Brandon George Marx, Vice Chairman, Hazlehurst Frank Sibley, Treasurer, Marks Odean Busby, Retiring Chairman, Magee H. Gregory Taylor, Preceding Chairman, Holly Springs

Volume 99 • Number 1 • July/August 2014

Features

Government Relations Update ................................................... 9 Mississippi congressmen support regulatory relief bills

Graduate School of Banking at LSU ......................................... 10 22 Mississippi bankers graduate after completing a three-year program

Mississippi School of Banking .............................................11-14 51 graduates are honored after completing two-year program

2014 MBA Annual Convention ..........................................17-21 ‘Cheers to 125 Years’ and another great MBA Convention

Freddie Bagley: 126th MBA Chairman ..............................22-24 Building a great team builds a great organization

Association Membership Elects Leaders ...............................25-26 New officers, board members chosen for 2014-15

New Members of the 40-, 50- and 60-Year Clubs................28-29 Bankers recognized for years of service

STAFF President ............................... McKinley W. Deaver Senior V.P., Operations .........................Amy Davis V.P., Government Relations .......... Gordon Fellows Programs Manager ...........................Lori Richardson Marketing Manager ....................... Brooke McCoy Business Manager................................... Gail Sykes Manager of Insurance Services .........Sherell Taylor Manager of Communications ............ Rachel Chew Administrative Assistant ...................... Amber Parker

Departments From the President ..............................................................................................................2 Around the State ............................................................................................................. 3-8 Calendar ...........................................................................................................................18 Bankers on the Move ................................................................................................... 30-34 Classified Ads ....................................................................................................................36 American Bankers Association ...........................................................................................38 The Mississippi Banker (ISSN 0026-6159) is published bi-monthly for $25.00 per year or $5.00 per issue by the Mississippi Bankers Association, 640 North State Street, Jackson, MS 39202. Phone (601) 948-6366. Periodicals Postage paid in Jackson, Mississippi.

YOUNG BANKERS SECTION President. ............... Michael Schloegel, Gulfport Vice President. ..........Parker England, Greenville

POSTMASTER: Send address changes to The Mississippi Banker, P. O. Box 37, Jackson, MS 39205-0037. The corporation is not responsible for opinions expressed and statements made by the contributors of articles published in The Mississippi Banker excepting official announcements. Printed By Hederman Brothers, Ridgeland, MS

MAY/JUNE 2014

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From the President

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The Mississippi Banker turns 100 By Mac Deaver, MBA President Our association celebrated its 125th birthday on May 22 of this year, and this milestone has garnered a lot of attention, as it should. The Annual MBA Convention – with the theme “Cheers to 125 Years” – highlighted the history and achievements of our association and industry, as well as the many bankers who have contributed to it. The flurry of activity Deaver around the MBA’s 125th year has somewhat overshadowed another significant “birthday” in our association family. With this July-August issue, we mark 100 years of publishing The Mississippi Banker! It was at the annual convention in May 1914 that MBA Secretary T. H. Dickson announced that the association was studying “the publication of a small monthly journal.” Just two months later, “The Banker” made its first appearance as “the official publication of the Mississippi Bankers Association.” That inaugural issue had this message printed boldly on its front page: “Here it is. If you like it, say so. I you don’t, say why. Remember – a man must stand still to receive congratulations, when a well-placed kick would keep him going ahead. Be gentle, though.” Beginning in July 1914, the “journal” began arriving on the desks of Mississippi bankers on a monthly basis. The content of the first issues was devoted to news about the state’s banks and bankers, developments in government and politics, and economic news. As you would expect, much of the coverage focused on cotton and other agriculture in the state. The first photograph appeared in the magazine in March 1915, when Henry Hart of Bank of Winona, MBA president in 191415, was pictured on the cover. This began a tradition of featuring photographs of our association leaders in the magazine. The magazine was published continuously each month through May 1917, when publication was suspended for nine months, resuming in March 1918. Then, during the severe economic difficulties of the early 1920s, The 2

Banker had other interruptions in its publication. For a 16-month period – January 1921 through April 1922 – no issues were printed. Since publication resumed in May 1922, the magazine has been published and distributed on a regular basis. Over the years, The Banker has become a valued member of our MBA family. It has chronicled the growth of Mississippi banking, as well as the involvement of our state’s bankers in industry affairs both at the state and national level. As our industry has grown and changed, so has the magazine. All the while, it has helped to maintain a sense of family in our state’s banking community. The first issue of The Mississippi Banker in July 1914 was 20 pages, with no color and no photographs or illustrations. There were several advertisements in that first issue, including ads for Tucker Printing House in Jackson and several Memphis and New Orleans banks. Slowly but surely, the magazine’s appearance and format evolved. A major change came in 1946 when photographs (black and white) began appearing regularly on the cover. A number of years later, in 1980, full-color photographs became a standard on the cover of the magazine. In the years to follow, The Banker would employ more color and graphics, as well as modernize the appearance. In

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2000, the publication schedule was changed to bi-monthly. Today, The Mississippi Banker remains true to its mission as stated by Secretary Dickson in his report to the 1915 convention, when the “small journal” was completing its first year of publication. In addressing the convention, Dickson said: “The object of our monthly publication is to maintain a constant and regular medium of communication with the entire membership; to publish legal opinions rendered with specific reference to Mississippi problems and Mississippi laws; to give bits of localized information on banking and business topics not ordinarily covered in the journals with a broader field; and to keep members in touch with one another.” I am pleased that, with the support of bankers, advertisers and other contributors, our publication continues to fulfill these purposes after 100 years. The pages of The Mississippi Banker have provided many wonderful details and insights into a century of Mississippi banking. We should be proud of our rich history – and grateful that it continues to be preserved in this special way. Happy Birthday to The Banker!


Around the State

THE MISSISSIPPI BANKER

ICBA names PriorityOne Bank ‘Top performing’ Community bank Robert J. Barnes, President and CEO of PriorityOne Bank, is pleased to announce that PriorityOne Bank was recently named one of the top performing community banks in the nation by the Independent Community Barnes Bankers of America. As part of its annual recognition of highperforming ICBA member institutions, ICBA Independent Banker pulled year-end FDIC data to identify the community banks with the highest performance metrics - those with the best return on average asset ratios and the best return on average equity ratios - in six asset-size categories. Barnes was interviewed by the Independent Banker publication and was asked about what he believed played a role in PriorityOne Bank receiving this designation. “Providing superior customer service with dedicated and qualified employees at every point of customer contact is what helps set our bank apart from our competitors,” Barnes says. PriorityOne’s key ingredient is their commitment to superior personal service. “We offer big-bank sophistication with small-town values,” Barnes explains. The ICBA had the following to say about the banks selected for this honor. “Whether it’s a small community bank serving a rural area or a large community bank serving a metro and suburban area, you’ll find the top performing banks operate with the same focus by always putting their customers and communities first,” said Chris Lorence, ICBA executive vice president and chief marketing officer. “The community banks featured on ICBA Independent Banker’s Top Performers listings know their local markets and thrive because they stay true to the principles of community banking while showcasing drive, passion and ingenuity. We congratulate the banks that are highlighted this year and wish them continued success.”

Freeman, Walters elected to MBA Executive Committee William L. “Bill” Freeman of Newton County Bank, Newton, and Alan Walters of First Commercial Bank, Jackson, have been elected by the MBA Board of Directors to serve on the MBA Executive Committee for 2014-15. Freeman currently serves as president and Freeman chief executive officer of Newton County Bank. Walters currently serves as president and chief executive officer of First Commercial Bank in Jackson. Freeman and Walters are each beginning their third year of service on the MBA Board. They join MBA Chairman Freddie Bagley, Community Bancshares, Inc.,

Brandon; Vice Chairman George Marx, Copiah Bank, N.A., Hazlehurst; Treasurer Frank Sibley, Citizens Bank and Trust Company, Marks; Immediate Past Chairman Odean Busby, PriorityOne Bank, Magee; and MBA President Mac Deaver to complete the seven-member ExecuWalters tive Committee. The Executive Committee functions between board meetings, and its actions are reported to the board. Freeman and Walters will serve one year on the Executive Committee, with their terms concluding at the 2015 MBA Convention.

MBA Chairman Freddie Bagley of Brandon (center) presents a $10,000 check from the MBAsponsored political action committee, MissBankPAC, to ABA BankPac during the ABA’s Summer Leadership Meeting recently in Denver. MissBankPAC joined other PACs and industry leaders in contributing over $800,000 to ABA BankPac at the annual meeting. Pictured at the presentation are (from left) Mac Deaver, MBA president; Jeff Plagge, ABA chairman, of Arnolds Park, Iowa; Bagley; John Hairston, member of the ABA board of directors, of Gulfport; Wes Hoskins, chairman of the ABA BankPac Committee, of Corpus Christi, Texas. MissBankPAC has just begun its 2014 fundraising campaign, seeking contributions from Mississippi banks and bankers to support the PAC’s state and federal funds. For more information on how you and your bank can support this fundraising effort, contact Gordon Fellows, MissBankPAC treasurer, at (601) 948-6366 or gfellows@msbankers.com. MAY/JUNE 2014

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Around the State

THE MISSISSIPPI BANKER

Community Bank wins ‘Best Places to Work’ award again; Metropolitan Bank also recognized Two MBA member banks were recently named in the “Best Places to Work in Mississippi” awards program sponsored by the Mississippi Business Journal. The Mississippi Business Journal’s 2014 Best Places to Work in Mississippi awards luncheon was held at the Hilton Hotel on Thursday, May 15. This program is produced each year in concert with Southern Research, which surveys employees of all nominated and participating companies. At this year’s luncheon, Community Bank won first place in the “Mega Large” company category. This category is defined by the Southern Research group, who conducts the polling, as companies with more than 500 employees. Community Bank has won a Best Places to Work award every year since the program started and is the only company to do so. “Community Bank’s people are what

make the bank one of the best places to work,” states Freddie Bagley, Chairman of the bank’s holding company, Community Bancshares, Inc. “It is no secret that happy staff members are better employees.” Community Bancshares, Inc., the holding company for Community Banks across the Southeast, is one of the South’s fastest-growing financial institutions. The bank is also the top SBA lender in regions in which they conduct business. Community Bancshares is a $2.5 billion multi-bank holding company consisting of four banks in Mississippi, Tennessee, Florida, and Alabama. Community Bank has 43 offices and more than 670 staff members. Metropolitan Bank also was awarded at the “Best Places to Work luncheon.” Metropolitan Bank placed second in the “Medium“

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THE MISSISSIPPI BANKER

company category of the “Best Places to Work.” The medium category is defined by having 50-199 employees. Curt Gabardi, President of Metropolitan Bank, states “We’re very proud of this recognition as it affirms our unwavering commitment to our associates on so many levels including work/life balance. When your associates are well and happy, your clients and shareholders are the beneficiaries and that’s been our story at Metropolitan.” Alan Turner, publisher of the Mississippi Business Journal, stated “We’re pleased to be able to recognize so many great companies with this program. These companies set the pace for building great working environments for their employees, and contributing to the Mississippi economy.”


Around the State

THE MISSISSIPPI BANKER

CLICK TO VIEW

125th Anniversary Magazine now on MBA website The Mississippi Bankers Association was established on May 22, 1889, when 31 bankers representing 27 Mississippi banks met in Jackson. At this organization meeting, the bankers approved the following “declaration” setting forth the goals of the new association: In order to promote the general welfare and usefulness of Banks and Banking Institutions, and to secure uniformity of action, together with the practical benefits to be derived from personal acquaintance and from the discussion of subjects of important to the banking and commercial interests of the State of Mississippi, and especially in order to secure the proper consideration of questions regarding financial and commercial usages, customs and laws which affect the banking interests of the entire State, and for the protection against loss by frauds, we adopt the….Constitution and By-Laws for the Mississippi Bankers As-

sociation. In May of this year, the MBA published a special issue of The Mississippi Banker to celebrate our association’s 125th anniversary. This 132-page magazine tells the history of our association and banking in Mississippi through stories and photographs. It includes special features on many of the bankers and others who have led our association and industry, and it highlights major events that affected our state in the past 125 years. Also included are features on every MBA member bank. This Special Anniversary Issue of The Mississippi Banker can be viewed online at

our association website- www.msbankers. com. (Look for the icon pictured.) To order copies of this keepsake magazine, simply complete and return the online order form. For more information, contact Rachel Chew, MBA manager of communications, at (601) 948-6366 or rchew@msbankers.com.

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MAY/JUNE 2014

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Around the State

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MBA medical plan offers stable, affordable source Of health care benefits for member banks Since the early 1950s, the Mississippi Bankers Association has sponsored a group medical insurance program through which member banks may offer health care coverage to their employees. In 1990, this program was converted to a self-funded trust, managed by a board composed of bankers from participating banks. The MBA program continues to be a stable and affordable source of health care benefits for member banks. Through the oversight of its eight-banker Board of Trustees, the program has maintained a high level of benefits while working to keep premiums at reasonable levels. The trust is currently in its 24th year, with a majority of MBA member banks - 55 of 92 - participating in the program. Banks may choose from five separate plans offered by the trust - each with different terms, benefits and premiums. Alan Walters, CEO of First Commercial

Bank, Jackson, serves as chairman of the Board of Trustees, which oversees the financial performance of the program and manages its reserves. Currently, the trustees are closely monitoring the federal Affordable Care Act and making plans to implement a wellness program in all five plans. In addition to Walters, other trustees are Johnny Barrett, FNB Oxford Bank; Brad Jones, Bank of Franklin, Meadville; Henry Logue, Merchants & Planters Bank, Raymond; James Rabby, Bank of Wiggins; Marcus Robinson, Magnolia State Bank, Bay Springs; Frank Sibley, Citizens Bank & Trust Co., Marks; and Phil Williams, Bank of Yazoo City. MBA President Mac Deaver serves as secretary to the board. Walters cites the value of the MBA program to his bank. “As a de novo bank that started 14 years ago, the stability of premiums under the MBA plan has been valuable to our

bank and our employees,” he said. “And, with the many changes taking place in health care, the Trustees see the MBA plan continuing to be successful in the future.” Sherell Taylor, MBA manager of insurance ser- Walters vices, performs internal enrollment and administration. Blue Cross Blue Shield of Mississippi provides underwriting services and claims administration for the MBA program. The plans are marketed by Stockett & Thomas Agency of Ridgeland. MBA member banks are encouraged to contact Taylor for more information about the association medical program. She can be reached by telephone at (601) 948-6366 or by email at staylor@msbankers.com.

Jerry Toney assumes additional role as Mississippi President of Cadence Bank Cadence Bank recently announced that Jerry Toney, a senior financial consultant for the bank’s Wealth Services Division, has been named president of Cadence Bank for Mississippi. While Toney’s main focus will continue to be investment services, these additional responsibilities will include collaborating with the established team of Mississippi Cadence bankers to develop and implement growth plans for the bank. “Jerry has demonstrated a passion for Cadence Bank and has participated in its growth,” said Paul B. Murphy, Jr., Cadence Bank chairman. “In the 17 years he has been with the bank, he has guided the development of the private banking, financial planning and investment management group, making it one of the most successful in our company. In addition, his enthusiasm for the continued development and progress of the Golden Triangle is remarkable.” 6

According to Toney, he plans to draw heavily from the expertise within Cadence and their local advisory board members to help direct the bank’s future strategy. “The future for a bank like Cadence in the Golden Triangle is tremendous because this region is definitely on an upward trajectory and our customers have significant opportunities,” said Toney. “We believe the financial products and services we offer are truly in the top tier, and we can help our clients benefit from this strengthening economy.” As a Mississippi native, Jerry is committed to the economic development of the Golden Triangle, as well as the prosperity of the entire state. He presently serves on several civic, economic and professional boards, including the Greater Starkville Development Partnership, Golden Triangle Development Link and Northeast Mississippi Council of Financial Planning Association.

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Jerry actively is engaged with his alma mater, Mississippi State University, where he received his degree in Real Estate and Mortgage Finance in 1996. After serving as president of the local chapter of the Mississippi Toney State University Alumni Association, he was elected to serve as vice president and then president of the National Board of Directors. Toney currently serves as an adjunct lecturer for the Department of Finance & Economics. Toney began his banking career at Cadence Bank as a trust officer and financial counselor, followed by positions of increasing responsibility. Most recently, he served as senior financial consultant and senior vice president.


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Around the State

THE MISSISSIPPI BANKER

John Haynes appointed to three-year term on St. Louis Fed’s Community Depository Institutions Advisory Council John D. Haynes, Sr., president and CEO of Farmers & Merchants Bank, Baldwyn, was recently appointed to a three-year term to the St. Louis Fed’s Community Depository Institutions Advisory Council (CDIAC). Haynes will replace outgoing member, Vance Witt, chairman of BNA Bank in New Albany. This council meets twice a year to advise St. Louis Fed President James Bullard on regional credit, banking and economic conditions. Council members serve staggered terms and are senior executives of banks, thrift institutions and credit unions from across the St. Louis Fed’s Eighth District, which is comprised of the state of Arkansas, and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee. Haynes is a graduate of the University of

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Mississippi, where he received his bachelor’s degree in business and finance and his juris doctorate. In addition to serving as a member of the Mississippi House of Representatives, he has also been an attorney with the Baldwyn- Haynes based firm of Haynes & Haynes. Haynes has served as a trustee of the Southeastern School of Consumer Credit and as a member of the board of Mississippi Bankers Association. He is past president of the Prentiss County Development Association, the Baldwyn Endowment for Excellence in Education and the Baldwyn Rotary Club. Haynes

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has also served as the attorney for the Prentiss County Board of Supervisors and for the city of Baldwyn and the town of Marietta. He is the former publisher of The Baldwyn News. The Federal Reserve Board of Governors established its CDIAC in 2010 as a mechanism for community banks, thrift institutions, and credit unions (with assets of $10 billion or less) to provide input to the Board on the economy, lending conditions and other issues. Each of the Fed’s District banks then established its own local advisory council, with one member chosen to serve on the Board’s CDIAC and to participate in meetings twice a year with the Federal Reserve Board in Washington, D.C.


Government Relations

THE MISSISSIPPI BANKER

Mississippi Congressmen co-sponsor regulatory relief bills At the urging of the Mississippi Bankers Association, three Mississippi Congressmen recently signed on as a co-sponsor of various community banking regulatory relief bills currently before Congress. The following bills Nunnelee are all designed to provide much-needed regulatory relief to community bankers, and each of these bills is supported by the Mississippi Bankers Association and the American Bankers Association: • HR 2673, The Portfolio Lending and Mortgage Access of Act • HR 4466, the Financial Regulatory Clarity Act • HR 4521, the Regulatory Relief for Small Servicers and Small Creditors Act The Portfolio Lending and Mortgage Access Act (HR 2673) is particularly important,

as it would provide that mortgage loans would be treated as QM loans that meet the “ability to repay rule.” Congressmen Alan Nunnelee, Gregg Harper and Steven Palazzo are cosponsoring this important Harper bill. The Financial Regulatory Clarity Act (HR 4466) would require all of the federal bank regulating agencies to assess whether or not newly proposed regulations would duplicate existing rules that may have been issued by a different agency. Congressman Gregg Harper is co-sponsoring this bill. The Regulatory Relief for Small Servicers and Small Creditors Act (HR 4521) would expand the threshold for the “small servicer exemption” from 5,000 mortgages to 20,000 mortgages, and would revise escrow requirements for small lenders by changing the cap

for designation as a small lender from $2 billion to $10 billion. Congressmen Alan Nunnelee and Gregg Harper are co-sponsoring this bill. The House Financial Services Committee met to consider each of these Palazzo bills on May 22, and reported all three of them favorably from committee with bipartisan votes. These bills could be brought up for a vote any time, depending on the decisions of House leadership. The MBA began to communicate the importance of these bills to congressional staff members from the offices of Congressman Alan Nunnelee, Bennie Thompson, Gregg Harper, and Steven Palazzo immediately after the committee reported these bills.

MissBankPAC begins 2014 Fundraising campaign MissBankPAC, the political action committee which has been the “voice of Mississippi banking” in the political process for more than three decades, recently began the 2014 fundraising campaign. Sponsored by the Mississippi Bankers Association, MissBankPAC is actively working to meet annual fundraising goals for both its state and federal fund. Leslie Usher of Great Southern National Bank, Meridian, chairs the committee of bankers that lead MissBankPAC. In a recent letter to bank CEO’s, Usher reminded bankers of the importance of contributing in 2014 saying, “In the face of a growing regulatory burden coming from Washington, our PAC’s Federal Fund has been active in supporting Mississippi candidates for United States Senate and United States House of Representatives this year. And with statewide elections scheduled for 2015, our State Fund needs to meet this year’s goal to assure we can be active in these races.” Last year, more than 50 banks contributed to MissBankPAC. Bankers with questions about MissBankPAC are encouraged to contact PAC treasurer Gordon Fellows by telephone at (601) 948-6366 or email gfellows@msbankers.com.

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Twenty-two Mississippi bankers graduate From Graduate School of Banking at LSU In June, 22 Mississippi bankers received diplomas from the Graduate School of Banking at Louisiana State University. Mississippi graduates include: • Mark A. Bellipanni, BankPlus, Belzoni • Chance B. Carter, Community Bank of Mississippi, Brandon • Adam R. Cox, BankFirst Financial Services, Madison • Charles P. England, Planters Bank & Trust Company, Greenville • Bob Glover, The Peoples Bank, Ripley • Roderick Gray, Trustmark National Bank, Jackson • Eric A. Miller, Planters Bank & Trust Company, Greenwood • Edwin E. Moore, Sycamore Bank, Senatobia • Kent Mortimer, Bank of Kilmichael, Kilmichael • Jonathan B. Murphy, Trustmark National Bank, Jackson • Theo T. Naylor, Hancock Bank, Hattiesburg • Marc A. Petro, Community Bank, Jackson • Ann M. Phillips, Hancock Bank, Gulfport

• Richard S. Pickering, Community Bank, Coast, Gulfport • William J. Pullen, Mechanics Bank, Water Valley • Douglas W. Rouse, BancorpSouth, Hattiesburg • Jeremy K. Stringer, Citizens National Bank, Meridian • Michael A. Sullivan, Mississippi Department of Banking, Laurel • Gage Walker, Renasant Bank, Flowood • Thomas E. Walker, Bank of Forest, Forest • Judson L. Watkins, Trustmark National Bank, Jackson • Lane B. Westfaul, First Security Bank, Batesville Sponsored by the Mississippi Bankers Association and 14 state bankers associations, in cooperation with the Division of Continuing Education at LSU, the banking school requires attendance on campus for three years, with

extensive bank study assignments between sessions. The faculty consists of bankers, business and professional leaders, and educators from across the country. During their three years at the school, students receive 180 hours of classroom instruction, thirty hours of reviews, planned evening study, and written final examinations at the end of each session. To date, 1,631 Mississippi Bankers have graduated from the Graduate School of Banking at LSU.

The Mississippi students at GSB pose for a photo with Freddie Bagley, MBA Chairman, and Mississippi faculty members.

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MS School of Banking THE MISSISSIPPI BANKER

Mississippi School of Banking concludes 45th session 51 graduates are honored after completing two-year program

Fifty-one students graduated from the 45th annual session of the Mississippi School of Banking, conducted by the MBA on the University of Mississippi campus. A total of 101 students attended the school this year during the week of April 6-12. During the two-year program, graduates completed over 80 hours of classroom instruction, including lectures and workshops on a wide array of banking subjects, and successfully completed a series of home study problems. Graduates also passed written examinations at the end of each session and participated in the ABA’s BankExec Financial Simulation during their second year. The 2014 student body was comprised of 101 students from 42 different Mississippi

banks. Dr. Ken Cyree, MBA/Frank R. Day Chair of Banking and Dean of Business at the University of Mississippi, serves as director of the school. MBA Senior Vice President, Amy Davis, is the MSB registrar. MBA Chairman, Odean Busby of Magee, addressed graduation ceremonies and joined in presenting diplomas. Other remarks were made by Cyree, MYB President Michael Schloegel; Senior Class President Lamar Daley; and MBA President Mac Deaver. During the graduation ceremony, Josh Oller of BankFirst Financial Services received the Donald L. Moak Achievement Award for achieving the highest academic honors in the 2014 class. This award is given by the MBA Education Foundation. Christina Osborne of First Commercial Bank was awarded a first-year scholarship to the Graduate School of Banking at LSU. Teams of graduating students were recognized for the top-performing “banks” in the BankExec Simulation competition. The two

winning teams were “FLM Bank” and “Home Plate Financial.” Members of “FLM Bank” were Pacely Alford, BancorpSouth; Ellis Harris, BankPlus; Robert Sullivan, Trustmark National Bank; Russell Turley, Community Bank Oller of North Mississippi; and Neeley Vance, Southern Bancorp. Members of “Home Plate Financial” were Gene Bell, Renasant Bank; Gus Dulaney, BankPlus; Christian Heinkel, Citizens National Bank of Meridian; Bradley McDaniel, First Southern Bank; and Jason McGee, Trustmark National Bank. The 46th session of the MSB will be conducted April 12-18, 2015, on the University of Mississippi campus. For more information, please contact Amy Davis at the MBA by telephone at (601) 948-6366 or by email at adavis@msbankers.com.

Left: Pictured L to R: Bradley McDaniel, Christian Heinkel, Jason McGee, Gene Bell, Gus Dulaney.

Right: Pictured L to R: Robert Sullivan, Pacely Alford, Russell Turley, Ellis Harris, Neeley Vance.

Ryan Reeves and Renea Harrell, both of Community Bank, were elected first-year Class President and Secretary, respectively.

Pictured L to R: MBA Chairman, Odean Busby; MYB President, Michael Schloegel; Dr. Ken Cyree, MBA/Frank R. Day Chair of Banking; Christina Osborne, Graduate School of Banking at LSU scholarship recipient; Josh Oller, Donald L. Moak Achievement Award Winner; and Mac Deaver, MBA President. MAY/JUNE 2014

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MS School of Banking THE MISSISSIPPI BANKER

2014 Mississippi School of Banking Graduating Class BancorpSouth - Pacely Alford, Jason Brooks, Travis Cox, Christy Morgan Bank of Brookhaven - Brooks Hall BankFirst Financial Services - Josh Oller BankPlus - Gaye Broyles, Gus Dulaney, Lee Hardy, Scottie Harmon, Ellis Harris, Aaron Lacey, Dawn Oglesby BNA Bank - Ellen Staten Charter Bank - Patrick Ricci Citizens Bank, Columbia - Geoffrey McMichael Citizens Bank & Savings Company - Jason Pellum Citizens National Bank of Meridian - Christian Heinkel Community Bank, Ellisville - Joshua Jones Community Bank, North Mississippi - Karen Dickey Community Bank of Mississippi - Russell Turley Community Trust Bank - Justin Gauthier Farmers & Merchants Bank - Dexter Haynes First Commercial Bank - Christina Osborne

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First Federal Savings & Loan Association - Billy Booth, Richard Perkins First Southern Bank - Brock Howell, Bradley McDaniel First State Bank, Waynesboro - Renee Hamilton, Karen Stanley Hancock Bank - Lamar Daley, Daniel Owen Mechanics Bank - Kevin Gray MS Department of Banking and Consumer Finance - Whit Ross Regions Bank - Justin Casano, Ryan Hinton Renasant Bank - Gene Bell, Reid Bostick RiverHills Bank - Phillip Maher Southern Bancorp - Neeley Vance The First, A National Banking Association - Brittany Paul The Peoples Bank, Biloxi - Sandra Barnes, Geoffrey East, Joshua Salley Trustmark National Bank - Jennifer John, Jason McGee, John Speed, Greg Starnes, Robert Sullivan, Audrey Sylvester, Amy Watridge


MS School of Banking THE MISSISSIPPI BANKER

2014 Mississippi School of Banking First Year Class BancorpSouth - Carlos Brown Bank of Brookhaven - Wayne McKenzie Bank of Commerce - Jay Cook Bank of Forest - Elicia Risher Bank of Oxford - Marshall Fratesi Bank of Yazoo - Stephen Harris, Ryan McInnis BankFirst Financial Services - Clint Dalrymple, Austin Shafer BankPlus - Jay Bourne, Matt Different, Ashley Duke, Hawk Hawkins, Trent Nelson, Brice Richardson, Keauna Toatley Charter Bank - Chase Maxwell Community Bancshares of Mississippi - Gus Brand, Andrew Fox Community Bank, North Mississippi - Andy Young Community Bank of Mississippi - Renae Harrell, Ryan Reeves, Shana Robertson Covington County Bank - Rod Duke First American National Bank - Christy Tipton, Melissa Wooten

First State Bank, Waynesboro - BJ Cooley FNB Oxford Bank - Miriam Knight, Linda White Guaranty Bank & Trust Company - Stefani Evans, Lori Woodruff Hancock Bank - Chris Estrade, Edgar Ruiz, Steven Singleterry Home Banking Company - Hannah Conaway Merchants & Farmers Bank - Leslie Howell Merchants & Marine Bank - Morgan Holloway Mississippi Bankers Association - Gordon Fellows Peoples Bank, Mendenhall - Jacob Blakeney Planters Bank & Trust Company - Chris West PriorityOne Bank - Brian Hughes, Trent Williamson Regions Bank - David Dixon, Russ Guess, Walt Stephens Renasant Bank - Tonya Leach The Peoples Bank, Biloxi - Jordan Creech, Julie Schmidt Trustmark National Bank - Chris Davidson, Debbie Walker

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MS School of Banking THE MISSISSIPPI BANKER

ABA BankExec Simulation Second-year MSB student teams manage their own banks in the ABA BankExec Financial Management Simulation.

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Special Anniversary editions of The Mississippi Banker Available for purchase from MBA Recently, the MBA published a Special Anniversary Issue of The Mississippi Banker to celebrate our association’s 125th anniversary. This keepsake publication contains over 130 pages of stories and photos that tell the history of Mississippi banking and the MBA. It includes stories on each and every MBA member bank and features on dozens of Mississippi banks and bankers. This special publication is a tribute to the MBA’s rich history and to everyone who has contributed to it. Following is an excerpt from one section of the 125th Anniversary magazine: In an atmosphere of growing confidence and optimism, Mississippi bankers took a momentous step in the spring of 1889. On May 22, 1889, 31 bankers representing 27 banks met in Jackson and organized the Mississippi Bankers Association. Major R. W. Millsaps of Jackson, president of Capital State Bank, called the meeting to order. Officers elected included Dr. S. S. Carter of Jackson’s First National Bank was elected as the association’s first president. W. A. Pollock

of the Bank of Greenville was elected vice president, and B. W. Griffith of Capital State Bank of Jackson was chosen secretary and treasurer. Charles H. Alexander, on behalf of the banks in Jackson, gave a welcoming address. The constitution and by-laws of the new organization were approved. A “declaration” was adopted as a preamble to the association’s constitution and by-laws, setting clear goals for the new organization. The declaration stated: “In order to promote the general welfare and usefulness of Banks and Banking Institutions, and to secure uniformity of action, together with the practical benefits to be derived from personal acquaintance and from the discussion of subjects of important to the banking and commercial interests of the State of Mississippi, and especially in order to secure the proper consideration of questions regarding financial and commercial usages, customs and laws which affect the banking interests of the entire State, and for the protection against loss by frauds, we adopt the…. Constitution and By-Laws for the Mississippi Bankers Association.”

Make sure you don’t miss out on the opportunity to own your piece of our banking history! Order forms are located on our website, www.msbankers.com. To purchase, you may also call the MBA office at (601) 948-6366 or email, Rachel Chew, MBA Manager of Communications, at rchew@msbankers.com.

125 Years of History

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James S. Love, Mississippi Superintendent of Banks No person had greater influence on the early development of state bank supervision in Mississippi than James Sanford Love. A country banker himself, Love served on the state’s first Board of Bank Examiners, and he became the first Mississippi Superintendent of Banks Love in from 1924 through 1934, seeing the state’s banking industry through the Great Depression. Love was born in Brooksville in Noxubee County in 1877. His father was a Confederate Army veteran who had been wounded at Manassas, and his mother was a descendant of President William Henry Harrison. He was educated in the public schools of Brooksville and attended Mississippi College, where he completed his junior year. Love did not return to college for his senior year, instead taking a job as a bookkeeper for Merchants & Farmers Bank in Macon at the age of 20. The following year he took a bookkeeping position with National Bank of Commerce in Hattiesburg and, in 1899, he organized the First National Bank of Lumberton. He served the Lumberton bank as cashier and vice president until 1907, when he returned to Hattiesburg to work for the Hattiesburg Trust & Banking Company. In 1914, the State Legislature enacted Mississippi’s first significant banking statutes. Among other things, the new laws established the State Banking Department, composed of three bank examiners – one from each Supreme Court District. By this time, Love had attracted such favorable at16

tention in banking circles that he was chosen as the state examiner for the state’s Southern District. He became chairman of the State Board of Bank Examiners in 1915. At the conclusion of his term as state bank examiner, Love moved to Greenwood as vice president of Greenwood Bank & Trust Company. In 1922, the Legislature passed legislation to reorganize the State Banking Department and create the position of State Superintendent of Banks. The Superintendent was to be elected by the state’s banks. In December 1923, the state’s bankers met in Jackson and elected Love to be the state’s first Superintendent of State Banks. Love broth a combination of integrity, fairness and banking knowledge to his new office. He would serve continuously as Superintendent until December 31, 1934. The stock market crash of October 28, 1929, brought an abrupt end to years of prosperity. As the economy plunged into the Great Depression, thousands of banks failed across the nation. When Franklin Roosevelt moved into the White House in March 1933, he immediately declared a “national bank holiday”– to close all banks and only allow the continued operation of those found to be sound. In response, Superintendent Love immediately called a meeting of bankers in Jackson and outlined a course of prompt action. With the support of the Mississippi Bankers Association, the State Banking Department took steps to determine the cash position of every Mississippi bank. Only three weeks after the declaration of the “bank holiday” 137 state banks and 18 national banks in Mississippi were allowed to reopen in Mississippi. Virtually all of these banks never experienced trouble again. Banking legislation passed in 1934 reorganized the State Banking De-

THE MISSISSIPPI BANKER

Love and J. C. Fair, who became State Banking Comptroller in 1937.

partment, abolishing the position of Superintendent of Banks and creating the position of State Bank Comptroller, to be appointed by the Governor. Despite considerable lobbying on Love’s behalf by bankers, Governor Mike Conner chose to make a different appointment. Following his retirement from the Banking Department, Love organized J. S. Love Company in Jackson. His new company was successful for four decades managing state, county, and municipal bonds. Love died in 1957 at the age of 80.

These two pages (pp. 16 & 17) are reprinted from the Special Anniversary Issue of The Mississippi Banker, published in May to commemorate the 125th year of the Mississippi Bankers Association.


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MBA Calendar

THE MISSISSIPPI BANKER

Calendar of Events

JULY 29 30

When a Loan Customer Dies When a Deposit Customer Dies

AUGUST 4 5 6 7 11 13 14 18 20 20-21 21 25 27 28

Developing a Mobile Banking Strategy for Community Banks Fair Lending Update BSA/AML Compliance: Recent Developments & Common Errors Security: Some Assembly Required I Knew Something Was Wrong 2014 Integrated Disclosures - New Loan Estimate BSA Sta Training Lending Basics for Support Personnel 2014 Integrated Disclosures - New Closing Disclosures IRA School - Hilton Hotel, Jackson All Things Credit Analyzing Business Financial Statements Analyzing Business Financial Statements Analyzing Business Cash Flow

SEPTEMBER 3 4 5 7-10 9-10 10 11 11-12 16-17 16 18 25

OCTOBER 8-9 14 30-31

Walking Through the Maze of an ACH Audit & Risk Assessment Analyzing Business Cash Flow Overdraft Privilege Programs Update & Review 2014 Washington Visit 2014 Communications Conference - Embassy Suites, Ridgeland Basic Compliance Seminar - Hilton Hotel, Jackson Deposit Regulations for the Frontline 2014 Compliance Conference - Hilton Hotel, Jackson MYB Leadership Conference - Hilton Hotel, Jackson Equal Treatment of Same-Sex Married Couples Basics of Interest Rate Derivatives for Community Banks Signature Card Danger Zones

2014 Security Conference - Hilton Hotel, Jackson Notary Public Training Course - MBA, Jackson 2014 Trust Conference - Hilton Hotel, Jackson

NOVEMBER 3-7 6

A Banker in Every Classroom Loan Assistant Workshop - Hilton Hotel, Jackson

DECEMBER 2

Tri-State Credit Conference (MS, AR, TN) - Memphis, TN

Visit www.msbankers.com for Registration and more information 18

THE MISSISSIPPI BANKER


‘Cheers to 125 Years’ and another great Convention! Over 650 celebrate 125th anniversary of the MBA

Over 650 Mississippi bankers, banking associates and their families toasted the 125th Anniversary of the MBA at the 2014 MBA Convention held May 14-18 in Destin, Florida. “Cheers to 125 Years” was the theme of this year’s convention celebrating a 125 years of banking history in Mississippi. Additionally, the convention honored outgoing MBA Chairman Odean Busby of PriorityOne Bank in Magee. The convention featured a trade show comprised of 60 exhibitors, three general sessions, golf tournament, spouse program and daily social and recreational events. General session speakers included Governor Mike Huckabee; Economist Dr. Sean Snaith; John Ikard, ABA Chairman Elect; and Kelly McDonald, social media expert. Marshall Ramsey was the guest speaker at the spouse program. At the annual business session, Freddie Bagley of Brandon was elected MBA Chairman for 2014-15, along with the other newly elected officers and board of directors (see pages 20-24 for more information). At the convention’s Annual Banquet, a special toast was made in honor of the 125th Anniversary along with a balloon drop. Outgoing Chairman, Busby was honored by his bank, PriorityOne, and the MBA with a trip to Canada. Entertainment was provided by the group, The Water Coolers. Following the Annual Banquet, attendees were given a complimentary copy of the 125th Anniversary magazine, a keepsake magazine detailing the history of the MBA and banking in Mississippi. Major sponsors of this year’s convention were Trustmark National Bank, BancorpSouth, Federal Home Loan Bank of Dallas, FNBB Mississippi and FNBB Capital Markets, and Stockett & Thomas.

Chairman Odean Busby addresses the opening session of the 126th MBA Conference.

Incoming Chairman Freddie Bagley (L) accepts the gavel from Odean Busby.

Spouse committee members helped plan the spouse program and brunch honoring Glinda Busby, wife of MBA Chairman Odean Busby. L to R: Linda McKee, Linda Neely, Laura Townsend, Janey Cumbest, Glinda Busby, Ethlyn Mortimer, Melissa Barnes, chairman. MAY/JUNE 2014

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MBA Convention ‘Cheers to 125 Years’ THE MISSISSIPPI BANKER

General Session speakers draw large crowds During MBA Convention During this year’s MBA Convention, the general session speakers drew large crowds each day. On Thursday, May 15, Governor Mike Huckabee spoke to hundreds of convention participants on the topic of “What Washington Doesn’t Know about Banks Could Fill a Vault.” Following his presentation, Governor Huckabee addressed questions from the crowd. Also on Thursday, Kelly McDonald, social media expert, provided a presentation entitled, “ The New Demographics: What They Mean for Your Bank, Today and Tomorrow.” The general session on Friday, included a talk by John Ikard, ABA Chairman Elect, about the “ABA - Priorities and Objectives for 2014-2015.” Also speaking on Friday was Dr. Sean Snaith, economist, who addressed the convention attendees on the topic of “An Economic Forecast in Uncertain Times.” Numerous Mississippi public officials were also at the 2014 MBA Convention. Those present were Lynn Fitch, State Treasurer; Philip Gunn, Speaker of the Mississippi House; Gary Jackson, State Senator and Chairman of the Business and Financial Committee; Hank Zuber, State Representative and Chairman of the House Banking and Financial Services Committee; and Jerry Wilson, Mississippi Commissioner of Banking.

Governor Mike Huckabee addresses MBA Convention attendees at the Thursday morning General Session.

Dr. Sean Snaith, economist, speaks at the Friday General Session.

Bobby Martin asks Governor Huckabee a question following his presentation

ABA-Chairman Elect John Ikard makes remarks on industry priorities for 2014-15.

Kelly McDonald addresses how “the new demographics” will impact banks.

Record numbers of bankers attended general sessions during the convention.

Speaker Philip Gunn speaks during the Annual Business session at convention.

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MBA Convention ‘Cheers to 125 Years’

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Seymour, the Southern Miss mascot, was on hand to honor Chairman Odean Busby, a USM alum. Above, Seymour congratulates Grand Prize winners. Jimmy Hughes of Lawrence Printing had one of 60 exhibitor booths at the Annual Convention Trade Show.

Winners of the annual golf tournament were (L to R) Rick Ivey, Stephen Daste, and Jim Reed.

Chairman Odean Busby and wife, Glinda, pose with the Cheers cast during the Trade Show.

(L to R) Huey Townsend, Laura Townsend, Fred Miller, Leslie Miller, Dianne Marx and MBA Treasurer, George Marx.

(L to R) David Dowdle, Rita Dowdle, Paul Embrey, Sara Embrey, Ginger Purvis, Ken Purvis,Sharon Harris and George Harris.

(L to R) Theresa Sones, Bill Sones, State Treasurer, Lynn Fitch, Shannon Aker and Robyn Aker

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MBA Convention ‘Cheers to 125 Years’ THE MISSISSIPPI BANKER

The Water Coolers perform at the Annual Banquet.

Past MBA Chairmen enjoyed the banquet entertainment.

Annual Banquet

Chairman Busby gives a toast in honor of the MBA’s 125th Anniversary.

Chairman Busby and wife, Glinda Busby

L to R: Dr. Michael Worthy, Brooke Worthy, Mary Lynn Bagley, and new MBA Chairman Freddie Bagley 22

THE MISSISSIPPI BANKER

A “balloon drop” took place during the banquet toast.

On behalf of the MBA and PriorityOne Bank,Robbie Barnes presents MBA Chairman Busby with trip to Canada.


MBA Convention ‘Cheers to 125 Years’

THE MISSISSIPPI BANKER

Past Chairman First Row (L to R): Buddy Prestridge, Larry Pratt, Bobby Martin, Odean Busby, Joel Clements, Vance Witt, and George Schloegel. Second Row (L to R): Greg Taylor, Fred Miller, Huey Townsend, Jimmy Clayton, Robin McGraw, Bill Sones, and Carl Chaney.

2014-15 Board of Directors First Row (L to R): Mac Deaver, Mary Childs, George Marx, Freddie Bagley, Frank Sibley, Lorann Paige, and Greg Cronin. Second Row (L to R): Greg Taylor, Bill Freeman, Brad Jones, Odean Busby, Alan Walters, Johnny Barrett, and Dennis Ammann.

Save The Date!

2015 MBA ANNUAL CONVENTION Busby Family

May 13-17

Above: Chairman Odean Busby attends the annual banquet with his family: (L to R) daughter-in law Robin, granddaughter Kate, son Jason, granddaughter Brooke, wife Glinda, and daughter Molly.

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BUILDING A GREAT TEAM BUILDS A GREAT ORGANIZATION Brandon Banker Freddie J. BagLeY iS MBa’S 126Th chairMan Accomplishing team goals has always been Freddie Bagley’s focus in life and in banking. The Chairman of Community Bancshares, Inc., brings that vision to his year of service as MBA Chairman.

The STudenT Leader

Born and raised in Forest, Mississippi, Freddie Bagley is a reflection of what might be considered a typical small town upbringing. He attended local schools, lettering in three sports, serving as President of the Student Body and graduating from Forest High School in 1970. Bagley credits his high school coaches and teachers with being among his first mentors, particularly Ken Gordon, Ken Bramlett and Milton Walker. “They taught me, above all else, that a good team that worked together would always defeat a team of ‘stars’,” he recalls. It is very clear this early guidance has had a profound impact on the career Bagley has enjoyed. It has also become a cornerstone of the principles that have led Community Bank to such success. From the halls of Forest High School, he stayed close to home, attending East Central Community College where he was a football success, named All-State Quarterback, and was later inducted into the ECCC Athletic Hall of Fame. In the midst of his first year in college, Bagley and his high school sweetheart, Mary Lynn Rhodes, were married. Following graduation in 1972 with an A.A. degree, he continued to pursue further education in mathematics at Mississippi College in Clinton, where he graduated with honors in 1974.

THE FREDDIE J. BAGLEY FILE HOME: BRANDON BANK: COMMUNITY BANCSHARES, INC. POSITION: CHAIRMAN LENGTH OF SERVICE: 38 YEARS FAMILY: WIFE, MARY LYNN, DAUGHTERS, BRETT, BROOKE AND BETHANY

The educaTor and coach

Shortly after leaving Mississippi College, Bagley joined the staff at Warren Central Junior High School, putting his athletic abilities as well as his mathematics degree to work in his position as a math teacher and football coach. He would eventually return to his alma mater, sharing his teaching and coaching skills with students at Forest High School. Bagley is always pleased to mention that he has several distinguished former students including Carl Chaney, former MBA Chairman; Dr. Mark Keenum, President of Mississippi State University; and Darrell Brown, current Vice Chairman of Administration at Community Bancshares of Mississippi. He looks back fondly on two brief years spent teaching and coaching, explaining, “I learned how important it was to lead and inspire students, and I have tried to apply that same concept in more current leadership roles. I try to instruct and teach with passion, and am most gratified when I witness someone ‘light up’ when they understand. My career has come full circle.”

The Young Banker

Life seemed to be going well, when one day in 1976, Mary Lynn, who was working at the Farmers and Merchants Bank (now Community Bank) in Forest, told Freddie that Thomas Colbert wanted to visit with him about joining the bank’s staff. Being his loyal cheerleader, Mary Lynn thought Freddie would make an excellent banker and encouraged him to put together a resume and meet with Colbert. Looking back on that time, Thomas Colbert, now Senior Chairman of the Board of Community Bancshares, Inc., says, “One of the best decisions that I have made was when I interviewed a young 23-year old Forest

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THE MISSISSIPPI BANKER

“One thing that I learned at an early age about leadership is that you have to give up some of your personal goals to accomplish team goals. I have had success at winning by doing this. Every time I go out there, I expect to win.”

- Freddie J. Bagley


native. I had watched him be a successful quarterback on the Forest High School football team and recognized he was a winner. That was 38 years ago. It has been very rewarding to work with one that has the character and integrity that Freddie possesses.” Bagley is quick to tell you that banking chose him. He attributes his success in the banking industry to the theory that success is “preparation meeting opportunity.” When Bagley began his new career path, Colbert first sent him to Dale Carnegie, followed by AIB banking classes in Jackson. He then attended the Mississippi School of Banking in Oxford in 1978. Next, Bagley went to the Graduate School of Banking at LSU, completing that course of study in 1982. Even at age 30, Bagley was still learning, and continued to do so throughout his career. He credits his mother, Doris Calhoun, who still resides in Forest, with instilling in him a strong work ethic, and is humbled by how his life has unfolded, saying, “I really think that God did touch me and lead me to opportunities I have had. I have been blessed. When He presents you with opportunity, you just have to take that step.”

The induSTrY Leader

Freddie Bagley has spent 38 years at Community Bank perfecting his skills, honing a set of principles of leadership, mentoring countless young bankers and taking care of customers. He believes in putting the customer first and treating each one with dignity and respect. Bagley also ascribes to the philosophy that to operate a customer-focused business, you have to employ the best and brightest people. “Ultimately, it is having the best people, all working with the same purpose, which builds a great bank.” These guiding principles have proved themselves to be true. Witness the fact that Community Bank is now a $2.5 billion Mississippi-based bank with 41 offices across the South and more than 670 staff members. In addition, under Bagley’s leadership, Community Bank has become one of Mississippi’s largest banks and expanded into Tennessee, Alabama and Florida. The bank has regularly been named one of Mississippi’s “Fastest-Growing Private Companies” and “Best Places to Work” by the Mississippi Business Journal. Bagley presently serves in the following capacities throughout the Community Bancshares family of banks: • Chairman and Director of Community Bancshares of Mississippi, Inc. • Vice Chairman of the Board and Director of Community Bank of Mississippi • Chairman of the Board of Directors of Community Bank, Ellisville, Mississippi • Chairman of the Board and Director of Community Bank, North Mississippi

• Director Emeritus, Board of directors for Community Bank, Coast, Mississippi When asked about his most significant achievements in his illustrious career at Community Bank, Bagley shifts the focus to those people he has helped recruit and develop over the years. He explains, “Honestly, it is not that I helped grow this bank from a $17 million holding company to $2.5 billion in assets, but it’s the people who accepted what we were trying to do and grabbed hold. The folks who were here when we were that little bank in Forest, but also the ones who grabbed the vision and helped grow us to where we are today. One person cannot do it alone, and I can assure you that I had loads of help.” Bagley also credits Thomas Colbert’s guidance in helping him build a career of great professional achievements. “Thomas believed in young people who wanted to accomplish things. He let you learn from your mistakes, then would help lead you where you needed to go by well-placed questions and suggestions. As an encourager, Thomas always made you feel like you could do anything or everything,” he explains. “Generously, Thomas, the only banking boss I have ever had, helped me to become an ‘owner’ and to be financially secure. I can never thank him enough for the opportunities he made available to me and my family.”

The FaMiLY Man

Freddie and Mary Lynn have three adult daughters. Brett is an attorney in Jackson; Brooke, a realtor, and her husband, Dr. Michael Worthy, an Associate Professor at Ole Miss, live in Oxford; and Bethany, a Career Counselor at the University of Georgia, is planning a November 1 wedding to Tyson Mills, an Atlanta firefighter. The Bagleys also enjoy their three grandchildren, Wright, Olivia and Bennett. Priorities in life have always been God, family and career, “in the exact order,” Bagley emphasizes. “Through my faith and family support, I have been able to pursue a fulfilling career in banking. I do feel that God has led me to where I am, and I have been blessed, there is no question about that.” Beyond the bank, Bagley’s passions stem from his devotion to family. When his daughters were in school, Freddie was a very involved parent, even serving as President of the school board. He is also an accomplished chicken griller as a result of the many fundraisers in which he was involved. He recounts one of his fondest memories, as well, “My twelve-plus years serving as one of the voices of the ‘Bag and Jack’ show, a local football broadcast of the Forest Bearcats, was a labor of love. Jackie Calhoun and I helped raise close to $250,000 for the athletic and band programs.” Bagley also enjoys college football, water sports, reading and family vacations.

Continued on page 24 MAY/JUNE 2014

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The good ciTiZen

In addition to his professional and personal accomplishments, Bagley is very active in civic and community endeavors. He is a board member of Rankin First Economic Authority, board member of Mississippi United Methodist Foundation and member of the Mississippi United Methodist Foundation Investment Committee where he serves as Chairman and board member of the Greater Jackson Chamber Partnership. He is Past President of the Mississippi Bankers Association Education Foundation, Forest Lions Club, Forest Booster Club, Forest Chamber of Commerce, Forest Community Arts, Forest Choral Boosters, Treasurer of Forest Friends of the Library and the Oak Ridge Property Owners’ Association, former board member of Junior Achievement of Mississippi and past member of the American Bankers Association Government Relations Council. He is a current member of Christ United Methodist Church and a former member of Forest United Methodist Church, where he served as a Sunday school teacher for more than 25 years. He also served as Treasurer, Finance Chairman and on the Finance Committee for several years, as well as Stewardship Chairman, Lay Leader, member of the Nominations Committee for two three-year terms, a member of the Administrative Board, a trustee for the church, Chairman of the new Parsonage Construction Committee and Chairman of the Investment Committee.

The chairMan oF MiSSiSSiPPi BankerS aSSociaTion

In this new role, Freddie Bagley says his first goal is “to not interfere with a fine institution. The MBA staff is top notch and knows what they are doing without my intervening.” As to the future of the organization, he says, “As an association, we have to keep finding the things we can agree on. We must remain unified and work together on the things that are important to Mississippi banking.” Bagley also voices his concerns about the future of the banking industry by saying, “The banking industry is trying to go away from being customer-focused to being more focused on technology. Bigger banks are trying to turn banking into a commodity, but I believe that there is still a place for banks that are focused on relationships with customers and helping them with their individual needs.” He concludes that banking will continue to change, and we will adapt. “By hiring the best and brightest, you can adapt.”

Photo from Previous Page (21), Freddie and Mary Lynn with Grandchildren

Bennett, age 17 months; Olivia, age 10; and Wright, age 12.

Top Photo, The Bagley Family

Seated: Freddie and Grandson Bennett Worthy; Left: Sonin-law Dr. Michael Worthy and Daughter Brooke Worthy, Grandson Wright Thompson, Daughter Bethany Bagley and Mary Lynn; Back Row: Daughter Brett Thompson and Granddaughter Olivia Thompson.

Bottom Photo, Community Bancshares Inc. Senior Management Team

L to R: Tim Gray, Wyman Jones, Thomas Colbert, Freddie Bagley, Chuck Nicholson, Darrell Brown, David Hughes and Greg Moore

Photo Credits

Front Cover: Brian Hull, Hull Photography Family Photos: Jeanelle Caraway, J. Caraway Photography 26

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MBA Leadership

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MBA Leadership Elected for 2014-15

Marx elected vice chairman; Sibley chosen as treasurer George Marx, Vice Chairman George Marx of Hazlehurst has been elected vice chairman of the Mississippi Bankers Association for 2014-15. Marx serves as chairman, president and chief executive officer of Copiah Marx Bank N.A., and has been with the bank for 39 years. He graduated from Mississippi State University with a bachelor’s degree in banking and finance. Marx previously served as Treasurer of the MBA and a three-year term on the MBA Board of Directors. He also is a past chairman of the MBA Legislative Committee and the MBA Lending Committee. Marx represented Mississippi as a member of the American Bankers Association’s Community Banker Council for six years, with three years on the

administrative committee. Active in his community, Marx has served as president of the Hazlehurst Chamber of Commerce, Copiah County Heart Association, Copiah Educational Foundation, Inc., the Copiah County Chapter of the Mississippi State Alumni Association, and the Copiah Academy Athletic Booster Club. He has also served as treasurer of the Hazlehurst Youth Sports, Inc. for over 20 years. He is a member of the Executive Board of the Copiah Endowment Corporation, board of Hardy Wilson Memorial Hospital, and board of the Copiah County Economic Development District.

Frank Sibley, Treasurer Frank Sibley of Marks has been elected treasurer of the Mississippi Bankers Association for 2014-15. Sibley serves as president and chief ex-

ecutive officer of Citizens Bank & Trust Company, and has been with the bank for 30 years. He graduated from Delta State University with bachelor’s and master’s degrese in business administration. Sibley is also a graduate of the Graduate School of Banking at LSU and the Commercial Lending School at the Sibley University of Oklahoma. Sibley previously served a three-year term on the MBA Board of Directors. He also has served as a member of the MBA Insurance Committee, Executive Committee and Legislative Committee. Active in his community, Sibley is a past president of the Lions Club and on the Quitman County Industrial committee. He is also a member of the Rotary Club and the Wilson Lake Country Club.

Five bank executives join the MBA Board of Directors Mitch Waycaster,Group 1 Mitch Waycaster of Tupelo has been elected to a three-year term on the Mississippi Bankers Association Board of Directors, representing Group 1. Waycaster serves as senior executive vice presiWaycaster dent and chief administrative officer of Renasant Bank, Tupelo. He has been with Renasant Bank for 35 years. Waycaster earned a bachelor’s degree in business administration from the University of Mississippi. He is also a graduate of the Stonier Graduate School of Banking at The University of Delaware and other various banking schools. His involvement with the MBA has included service on various MBA committees and as a seminar instructor. Among his community activities, Waycaster serves on the board of directors of the

Create Foundation, the Yocona Area Council Boy Scouts of America, the Japan America Society of Mississippi, the Mississippi Geographic Alliance, and Parkgate Clinic. He also serves on the Board of Trustees for Blue Mountain College. Waycaster is the Funds Development Chair for Yocona Area Council Boy Scouts of America, and a member of the Steering Committee for Fellowship of Christian Business Leaders.

Bobby Steinriede,Group 3 Bobby Steinriede has been elected to a three-year term on the Mississippi Bankers Association Board of Directors, representing Group 3. Steinriede serves as executive vice president at Guaranty Bank and Trust Co., Hollandale. He has

Steinriede

been with Guaranty Bank and Trust Co. for 41 years. Steinriede earned a bachelor’s degree from the University of Mississippi. Additionally, he is a graduate of the Mississippi School of Banking and the Graduate School of Banking at LSU. His involvement with MBA includes previous service on the MBA Marketing and Nominating committees. Active in his community, Steinriede serves on the board of the Hollandale Economic and Community Development Foundation. He also serves on the finance committee of St. Mary’s Catholic Church in Yazoo City. Steinriede was appointed by Governor Haley Barbour to the Mississippi State Board of Community and Junior Colleges. He also previously served on the boards of the Hollandale Chamber of Commerce, the Washington County Fair Commission and Mississippi Delta Community College in Moorhead.

Continued on Page 26 MAY/JUNE 2014

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MBA Leadership

THE MISSISSIPPI BANKER

New members join the MBA Board of Directors (continued) James Wicker, Group 7 James Wicker of McComb has been elected to a three-year term on the Mississippi Bankers Association Board of Directors, representing Group 7. Wicker serves as chief executive officer of Pike Wicker National Bank, McComb. He has been with Pike National Bank for 25 years. Wicker earned a bachelor’s degree from The University of Southern Mississippi. Additionally, he is a graduate of the Mississippi School of Banking, the Graduate School of Banking at LSU and the Graduate Commercial Banking School in Oklahoma. His prior involvement with the MBA includes serving on the MBA Legislative Committee. Among his community involvement,

Wicker is the past chairman of the Pike County Economic Development District and is a current member of the district’s Board of Trustees. He is also a member of the Rotary Club in McComb.

Greg Cronin, Group 8

Greg Cronin of Ocean Springs has been elected to a three-year term on the Mississippi Bankers Association Board of Directors, representing Group 8. Cronin serves as chief executive officer of Charter Bank, Biloxi. He worked Cronin in the banking industry for 27 years before joining Charter Bank in 2007. Cronin earned a bachelor’s degree in banking and finance from the University of Mississippi. Prior to Cronin’s election to the MBA Board of Directors, experience recognition he served on the MBA Nominating Committee. Ac t i v e i n h i s community, Cronin serves as chairman of the Jackson County Economic Development Foundation and chairman of the Business and Industry Political EduThose who want to be successful need to cation Committee make a name for themselves. BKD CPAs (BIPEC). He is also and advisors work hard to stand out in the past chairman the communities they serve. That’s why of the Gulf Coast we congratulate Trey Turnage on being Community Founelected partner in BKD’s Jackson office. dation, past president of the Ocean Trey Turnage // Partner Springs Chamber tturnage@bkd.com // 601.948.6700 of Commerce and a bkd.com member of the Mississippi Economic Council.

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THE MISSISSIPPI BANKER

Dennis Ammann, At Large Dennis Ammann of Mendenhall has been elected to a three-year term on the Mississippi Bankers Association Board of Directors. He will serve in an at-large position. Ammann serves as chief Ammann executive officer and president of Peoples Bank in Mendenhall. He has been with the bank for 15 years. Ammann earned a bachelor’s degree in business administration from the University of Mississippi. He is also a graduate of the Graduate School of Banking at LSU and the Academy of Professional Banking. His prior involvement with the MBA has included serving on the Legislative Committee and the Nominating Committee. Among his community involvement, Ammann serves on the board of Simpson County Economic Development District, the board of Simpson County Community Foundation and the board of the Mendenhall Sports Club. He also serves as the Director of the Simpson County Development Foundation.

Are your bankers on the move?

Send your submissions to rchew@msbankers.com


Before the telephone. Before the automobile. Before the little line that says “Member FDIC.”

Have we really been around that long? Yes, we have. 125 years to be exact. And with age comes experience— experience that we put to work every day for families, businesses and communities throughout the South. To see what we can do for you, pick up that newfangled device they call the telephone and call us today at 800-844-2000, or visit us online at trustmark.com.

trustmark.com

Member FDIC

MAY/JUNE 2014

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Bankers join 40-, 50- and 60-Year Clubs Dozens of Mississippi bankers were recognized at the MBA convention for their service to the banking industry. Those present received certificates from Chairman Odean Busby. Banks are encouraged to submit photos of their 40, 50, and 60- Year Club presentations by September 14 for publication in the September/October issue of this magazine.

Five new members of the MBA’s 40-Year Club and two new members of the 50-Year Club received their certificates at the 2014 MBA Convention. L to R: Hugh Tate, Robin McCraw, Ennis King (50-Year), Mary Ann Gray, Dr. Kelly Segars (50-Year), Ken Gordon, and Russell Stewart.

Stephanie Shackleford and Carolyn Murphree, both of Sycamore Bank, received their 40-Year certificates from Gay Lishman, EVP, and Jay Tindall, Chairman and CEO of Sycamore Bank. L to R: Lishman, Murphee, Shackleford and Tindall.

Joseph McDonald, Trustmark National Bank, receives his 40-Year certificate. L to R: Glynn Ingram, Executive Vice President and Chief Information Officer; Joseph McDonald, Reconcilement Specialist; and Harold Winborne, Jr., First Vice President for Day Two Operations.

Frank Rhea, Trustmark Market President in Carthage, receives his 40-Year certificate from Steve Stringer, Trustmark Northeast Regional President.

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THE MISSISSIPPI BANKER

Bobbie Proctor, Assistant Vice President, Trustmark National Bank, accepts her 40-Year certificate from Hal Williams, President South Metro.


2014 Sixty-Year Club Member Frances Jutman, Lockbox Specialist, Cadence Bank, Columbus

2014 Fifty-Year Club Members Suzanne Holley, Vice President/Banking Center Manager, BankPlus, Flora Ennis King, Board of Directors, First State Bank, Waynesboro Ernestine Rosenbaum, Vice President, First National Bank, Pontotoc R. Larry Russell, Senior Executive Vice President, First National Bank, Pontotoc Dr. Kelly S. Segars, Sr., President/Director, First American National Bank, Iuka

2014 Forty-Year Club Members Mary Ball, BancorpSouth Dianne T. Barber, First Security Bank Mary A. Barnes, Trustmark National Bank Newton B. Blount, First Southern Bank Patsy Brandon, Renasant Bank Golda M. Britt, Trustmark National Bank Mary Clark, BancorpSouth Rebecca H. Cupp, First State Bank, Holly Springs Judy Davis, Renasant Bank Phyllis H. Day, Trustmark National Bank Deon Evans, Community Bancshares of MS Julia Freeman, Community Bancshares of MS Patti Freeman, BancorpSouth Debra Gallaher, BancorpSouth Cousie Giglio, Guaranty Bank & Trust Company Ken Gordon, Bank of Morton Mary Ann Gray, Bank First Financial Services Celia Dorinda Holeman, Trustmark National Bank Letitia C. Hughes, Trustmark National Bank

Alta M. Hutchison, Renasant Bank Virginia R. Jones, Trustmark National Bank Martha Jordan, BankPlus Joy Kendall, BancorpSouth Delores Lane, Regions Financial Helena LeBlanc, First American National Bank Nilwon S. Locklear, Hancock Bank Deborah E. Lowrey, Trustmark National Bank Hoyle Lyle, Renasant Bank Wanda Madison, Regions Financial Betty P. Mays,First State Bank Joseph L. McDonald, Trustmark National Bank Edward R. McGraw, Renasant Bank Mary Ann McMillan, Renasant Bank Carolyn Murphree, Sycamore Bank Delores Northington,Cadence Bank Cathy Patterson, Renasant Bank Bobbie S. Proctor, Trustmark National Bank H. Frank Rhea, Trustmark National Bank

Stephanie Shackleford, Sycamore Bank Laura S. Singley, Trustmark National Bank Kathy Smiley, Planters Bank & Trust Jimmie Snyder, Citizens Bank & Trust Co. Gail Speck, BNA Bank Mary Springfield, Planters Bank & Trust Lyla Stennett, Trustmark National Bank Russell Stewart, Bank of Anguilla Hugh Tate, BNA Bank James R. Thompson, Bank of Forest Linda Waldrop, BancorpSouth T. E. (Gene) Walker, Bank of Forest James M. Wheat, Hancock Bank Martha P. Wilbert, Trustmark National Bank Phyllis Williams, Renasant Bank Sheryl Williams, BancorpSouth Sylvia C. Wilson, Cleveland State Bank Yolanda Wooten, Renasant Bank Gary Worsham, Regions Financial

2014 Bank Directory Now Available The MBA’s Mississippi Bank Directory brings you the most up-to-date information on Mississippi’s banks. Use the directory to reach officers and directors or as a reference source to up-to-date financial data on the state’s banks. The directory includes: • • • • • • •

Mississippi commercial banks and branches by city/town Addresses, Phone numbers, Web sites and email addresses Routing numbers MBA Affiliate members Banking and trade organizations State and federal regulatory agencies Key state elected and appointed officials

$35

Order Today!

Visit www.msbankers.com or call (601) 948-6366 MAY/JUNE 2014

31


Bankers on the Move

THE MISSISSIPPI BANKER

BankFirst

Cadence Bank

Citizens Bank, Columbia

Ron Allen has been promoted to Executive Vice President/Corporate Lending and Correspondent Banking. He holds a bachelor’s degree in agricultural economics from Mississippi State University. Allen is also a Allen graduate of the National Commercial Lending Graduate School at the University of Oklahoma and the Graduate School of Banking at LSU. He has 35 years in the banking and financial services industry.

Matt Matthews has been promoted to Vice President of Commercial Lending for Cadence Bank’s Starkville Banking Center. He earned his bachelor’s degree in banking and finance with a minor in economics and a Matthews master’s in business administration from Mississippi State University. Matthews has been with Cadence Bank since 2008.

Donna Stuckey has been promoted to Assistant Vice President and Loan Preparation specialist at the Main Office. She attended Pearl River Community College in Poplarville. Stuckey has 19 years of Stuckey banking experience and has been an employee at Citizens Bank for the past 15 years.

Rhonda Conerly has been promoted to Vice President. She attended Hinds Community College and The University of Southern Mississippi. Conerly has over 25 years of experience in the banking and finance industry.

Carol Melton has joined the bank’s Mortgage Lending Division as a Senior Mortgage Loan Processor. Melton began her career with Cadence Bank in 1996. Melton Conerly

Tim Henderson recently joined BankFirst as Tuscaloosa Community President. Henderson leads BankFirst’s new Tuscaloosa loan production office. He holds a bachelor’s degree in business administration Henderson from Mississippi State University. Henderson has 18 years of experience in the banking industry.

Cindy Palmer has joined the bank’s Mortgage Lending Division as Vice President and Mortgage Lending Manager. She is a mortgage finance graduate of Mississippi State University. Palmer has been with Cadence Bank since 1993.

Palmer

Charter Bank

Russell Young has been named Vice PresiLuke Yeatman has dent of Commercial Lendbeen promoted to Vice ing with a primary focus in President. Yeatman holds the Gulfport and Harrison a bachelor’s degree in acCounty market. He holds counting from Mississippi an MBA and a bachelor’s State University. He is degree in business adminenrolled in the Stonier istration from Mississippi Young Graduate School of Bank- Yeatman State University. In 2013, Russell completed ing/Wharton Leadership program. Yeatman has almost eight years of all of his coursework for his Ph.D. in higher education administration at The University of experience in the banking industry. Southern Mississippi. He has seven years of banking experience and five years of experience in higher education.

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THE MISSISSIPPI BANKER

Geoffry L. McMichael has been promoted to Vice President and Loan Officer at the bank’s Sumrall Branch. He received a bachelor’s degree in business administration with an emphasis in banking and finance McMichael from The University of Southern Mississippi. McMichael is currently attending the Mississippi School of Banking. He has nine years of banking experience and has been with Citizens Bank for the past seven years. Kenneth G. Miller has been promoted to Senior Vice President in addition to his current position as Internal Auditor and Regulatory Compliance Officer. He graduated with a Masters of Business Administration from The Miller University of Southern Mississippi. Miller is also a graduate of the Graduate School at LSU and the Mississippi School of Banking. He has been with Citizens Bank for the past 16 years. Stan Pickering has joined the bank as Vice President and President of the Seminary and Jones County Division. He is a graduate of Jones County Junior College with an associate’s degree in busi- Pickering ness administration and a graduate of the Mississippi School of Banking.


Bankers on the Move

THE MISSISSIPPI BANKER

The Citizens Bank, Philadelphia Logan James has joined the bank as Customer Service Representative in Hattiesburg. She is a graduate of The University of Southern Mississippi, and has four years of banking experience

James

Tammy Wedgeworth has joined the bank as Loan Administration Officer at the bank’s Hattiesburg branch. She graduated from The University of Southern Mississippi with a degree in banking & finance. Wedgeworth Wedgeworth has over eight years of banking experience.

Community Bank Gus Brand has been promoted to Assistant Vice President for Community Bank’s Brandon office. He is a 2013 graduate of Mississippi College with a degree in accounting.

Brand

Elizabeth Castiglione has been promoted to Assistant Vice President for Community Bank’s Holding Company in the Bank Secrecy Act (BSA) and Fraud Department. She is a graduate of Keiser Castiglione University with a degree in criminal justice and has received the designation of a Certified Anti-Money Laundering Specialist from ACAMS. Castiglione has been with Community Bank since 2007.

Community Bank

Community Bank

Bradley G. Clark has been promoted to Senior Vice President for Community Bank in Ellisville. He is a graduate of The University of Southern Mississippi with a bachelor’s degree in accounting Clark and a graduate of the Mississippi School of Banking. Clark has been with Community Bank since 2009.

Colby Heathcock has been promoted to Vice President of Community Bank in Hattiesburg. He is a graduate of The University of Southern Mississippi with a bachelor’s of business administration in marketing. Heathcock Heathcock is also a graduate of the Mississippi School of Banking.

Thomas W. Colbert, Jr. has been promoted to Senior Vice President for the bank’s holding company, where he also serves on the Board of Directors. He earned a bachelor’s degree from Millsaps College and from Colbert Belhaven University. Additionally, Colbert earned a graduate degree from the University of Mississippi. Colbert is also a graduate of the Mississippi School of Banking and the University of Colorado, School of Marketing.

Marshall J. Eleuterius has been promoted to Executive Vice President for Community Bank in D’Iberville. He is a graduate of William Carey College. Additionally, Eleuterius is a graduate of the Mississippi School of Eleuterius Banking and the Graduate School of Banking at LSU. He has over 10 years of experience in the commercial lending industry. Lindsay Burt Harrison has joined Community Bank in the Mortgage office. She is a graduate of the University of Mississippi with a degree in marketing communications. Harrison has over four years of experience as Harrison a mortgage loan originator.

Joshua Jones has been promoted to Vice President at Community Bank, Ellisville. He is a graduate of The University of Southern Mississippi and the Mississippi School of Banking. Jones has been employed with Community Bank since 2009.

Jones

Bill Kilduff has been promoted to Senior Vice President for Community Bank in Ocean Springs. He is a graduate of the University of Mississippi, earning a degree in banking and finance. Kilduff Kilduff has over nine years of experience and is currently enrolled in the Graduate School of Banking at LSU. Seth Miles has officially joined Community Bank as an Assistant Vice President in the Hattiesburg main office. He attended The University of Southern Mississippi where he earned a bach- Kilduff elor’s degree in banking and finance. Miles has more than five years of experience in the banking industry.

MAY/JUNE 2014

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Bankers on the Move

THE MISSISSIPPI BANKER

Community Bank

First Southern Bank

Scott Pickering was promoted to Senior Vice President at Community Bank, Coast. He is a graduate from the University of Mississippi with a degree in banking and finance and is also soon to complete his studies Pickering at the Graduate School of Banking at LSU. Pickering joined Community Bank in 2007.

Jack B. Ezelle has been promoted to Executive Vice President and is the bank’s Chief Credit Officers, Chief Compliance Officer and Manager of the Asset Management Department in Columbia. He is a graduate of The Ezelle University of Southern Mississippi with a bachelor’s degree in business administration. Ezelle is also a graduate of the Mississippi School of Banking and the Graduate School of Banking at LSU. He has 39 years of banking experience.

Chris Strebeck has been promoted to Senior Vice President for Community Bank in Forest. He is a graduate of The University of Southern Mississippi, where he also received his master’s in business administration. Strebeck Additionally, Strebeck is a graduate of the Mississippi School of Banking.

First Southern Bank Ed w a rd L . “ L e n” Cooke has been promoted to Executive Vice President, and is the bank’s Columbia Division President. He is a graduate of The University of Southern Mississippi with a bach- Cooke elor’s degree in business administration and a graduate of the Graduate School of Banking at LSU. Cooke has 24 years of banking experience. R. Scott Davis has been promoted to Executive Vice President and is also the bank’s Chief Operations and Financial Officer. He is a graduate of The University of Southern Mississippi with a bachelor’s degree in Davis accounting and a graduate of the Graduate School of Banking at LSU. Davis has worked with First Southern Bank for 10 years. He also served as a member of the Mississippi School of Banking Board of Trustees from 2008-2010. 34

Steven D. Miller has been promoted to Senior Vice President and is the bank’s Human Resource Officer. He earned a bachelor’s degree from The University of Southern Mississippi. Miller has 25 years of human resource experience.

Miller

Great Southern National Bank Von Burt has been promoted to President of the Meridian and Decatur markets. He is a graduate of Meridian Community College and The University of Southern Mississippi with a bachelor’s degree in Burt accounting. Burt has 30 plus years in the banking industry.

Guaranty Bank & Trust Co. Burt Caraway has accepted the position of Relationship Banker at the Hollandale office of Guaranty Bank and Trust Company. He earned his bachelor’s degree from Mississippi State Univer- Caraway sity and is a graduate of the Mississippi School of Banking. In addition, Caraway has obtained his Certificate in Loan Review. He has been affiliated with Guaranty Bank and Trust since 2005.

Jeremey L. Oliver has been promoted to Vice President and Chief Information Officer. He earned an associate’s degree from Pear River Community College. Oliver is additionally a graduate of Oliver the Mississippi School of Banking and is in his second year of studies at the Graduate School of Banking at LSU. He has 15 years of experience in the banking industry.

Daniel T. New has been promoted to Senior Vice President in the bank’s credit division. He is a graduate of Delta State University, where he earned his bachelor’s degree in business admin- New istration and a master’s degree. Additionally, New is a graduate of the Mississippi School of Banking and the Graduate School of Banking at LSU. He has been affiliated with Guaranty Bank since 2006.

FNB Oxford

Sonya Reginelli has been promoted to Assistant Compliance Officer in the bank’s Risk Management division. She is a graduate of Delta State University with a bachelor’s degree in business Reginelli management. Additionally, Reginelli earned her Certified Community Bank Compliance Officer (CCBCO) designation through the Independent Community Bankers of American certification program. She joined Guaranty Bank in 2011.

Jeff Cousar has joined FNB Oxford as Senior Vice President and Commercial Loan Officer. He is a graduate of the University of Mississippi, Vanderbilt University’s Southeastern School of Commercial Cousar Lending, and Southern Methodist University’s Southwestern Graduate School of Banking. Cousar has over 25 years of experience in banking.

THE MISSISSIPPI BANKER


Bankers on the Move

THE MISSISSIPPI BANKER

Magnolia State Bank Tom G. Brown has been promoted to Mortgage Department Manager of Magnolia State Bank. He is a graduate of Colorado State University with a degree in forest management. Brown has more than five years of mortgage lending experience.

Brown

State Bank & Trust Company Sabrina M. Pope has been names Assistant Vice President. She is a graduate of The University of Southern Mississippi with a bachelor’s degree in business administration in finance. Pope has over 17 years of experience in banking.

Pope

Sycamore Bank Regions Bank Andrea C. Hopkins has been named Manager of the bank’s North State Street branch in Jackson. She received her bachelor’s degree from Tugaloo College. Hopkins has more than 9 years of banking experience.

Hopkins

Trustmark National Bank

Talmage H. Jordan II has been named Manager of the bank’s Highway 80 branch in Clinton. He attended the University of Mississippi and William Carey College. Prior to joining the bank, he held Jordan management positions with Verizon Wireless and C Spire in Jackson.

Renasant Bank Evan Adams has been promoted to Assistant Vice President at Renasant’s main office in Amory. He is a graduate of Mississippi State University with a bachelor’s degree in real estate finance. Adams joined Renasant in 2011.

Evan Wells has joined Sycamore Bank as Vice President/Lending Officer in the Hernando Office. He is a graduate of the University of Mississippi with a bachelor’s degree in business admin- Wells istration. Wells has over 10 years of experience in the banking industry.

Jeremy Boyd has been named Assistant Vice President. He received a bachelor’s of business administration in both accounting and management information systems from The University of Southern Mississippi.

Boyd

Steven Breazeale has been named an Assistant Vice President. He earned a bachelor’s degree in accounting from Mississippi College. Breazeale

Adams

Gloria Craig has been promoted to Vice President at Trustmark National Bank in Jackson. She has over 32 years of experience in the financial industry.

Trustmark National Bank Mike Crandall has been named Community Bank President - Canton. He earned a bachelor’s degree in business administration from The University of Southern Mississippi and a master Crandall of business administration degree from Mississippi College. Additionally, Crandall has completed the American Bankers Association School of Commercial Lending, School of Retail Banking Management and the Stonier Graduate School of Banking. Doug Daley has been named Assistant Vice President. He received a bachelor’s degree in business administration from Mississippi State University. Daly has more than 19 years of experience in the financial industry.

Daley

Stan Foster has been named Community Bank President – Brookhaven. He earned a bachelor’s degree in the school of forest resources. Foster also earned a master of business administration from Mis- Foster sissippi State University. He has over 20 years of experience in the financial industry.

Tammy Frazier has been named Assistant Vice President. She earned an associate of arts degree from Hinds Community College. Frazier

Craig MAY/JUNE 2014

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Bankers on the Move

THE MISSISSIPPI BANKER

Trustmark National Bank Roger David Harwell Jr. has been named Vice President. He earned a bachelor of business administration in computer information systems from West Carolina University. Harwell also holds a mas- Harwell ter of business administration degree from High Point University. He is a Certified Systems Auditor. Harwell has over 25 years in the financial and information securities industries. Don Jarratt has joined the Advisory Board for Trustmark National Bank in Vicksburg. He is owner of investment property and is an owner and President of Coomes Produce Company, a wholesale Jarratt produce distributorship that serves Central Mississippi. Jarratt earned a bachelor’s degree in landscape contracting from Mississippi State University.

Russell Jordan has been promoted to Vice President at Trustmark. He is currently the IT Infrastructure Security Manager.

Trustmark National Bank Shirley Odom has been named Investment Officer. She graduated Summa Cum Laude from Belhaven University with a bachelor’s degree in business administration. Odom

Lee Anna Pope has been named Loan Officer. She is a graduate of East Central Community College with an associate’s degree in data processing and a bachelor’s degree in business and industry from Pope Mississippi State University. Pope is also a graduate of the Mississippi School of Banking. She has more than 27 years of experience in the financial industry.

Tonya Stowers Jones has been named Corporate Training Officer. She is a graduate of Belhaven University with a bachelor’s degree in business administration. Jones has more than 20 years of experience in the financial industry.

Jones

Jordan

Martin Keil has been named First Vice President. He is a graduate of Mississippi College with bachelor’s degree in business administration and a master’s degree in business administration. Keil is also Keil a graduate of the Mississippi School of Banking and the Graduate School of Banking at LSU.

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John Shuff has been named Vice President and Senior Audit Manager. He earned a bachelor’s degree in professional accountancy and a master’s degree of professional accountancy with a concentration in Shuff systems from Mississippi State University. Shuff has over 12 years of experience in public accounting.

THE MISSISSIPPI BANKER

Trustmark National Bank Jackie Wall has been named Assistant Vice President. She is a graduate of Southwest Community College with an associate’s degree in secretarial science/clerk typist. Wall has over 30 year of experience in the financial industry.

Wall

Brian Wheeland has been named Assistant Vice President. He attended SUNY Broome Community College and studied accounting at Belhaven University. Wheeland is a graduate of the Missis- Wheeland sippi School of Banking at the University of Mississippi and holds the Mississippi Life and Health Insurance license as well as the Series 6 and 63 license. He has more than 32 years of experience in the financial industry.

Sara White has been named a Vice President and Senior Relationship Manager in the Wealth Management Division. She is a graduate of The University of Southern Mississippi with a bach- White elor’s degree in accounting. White also received a Juris doctorate from the Mississippi College School of Law. Additionally, she studied Criminal Law and Intellectual Property in Prague, Czech Republic through a program offered by the South Texas School of Law.


125th Anniversary Magazine

Order Today!

Help us spread the good news about banking Traditional banking, like that practiced by our member banks, is all about supporting our communities and our state – and making a difference in the lives of our customers. Help us tell this important story. Let us know about your bank’s involvement in civic and community activities. Send us information on what you are doing. Please send articles, photos to rchew@msbankers.com or mail them to MBA at P.O. Box 37, Jackson, MS 39205-0037.

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MBA Classified Ads

THE MISSISSIPPI BANKER

ACCOUNTANT 1: A community bank in east central Mississippi is seeking an accountant. CPA preferred. Perform data analysis, budgeting and forecasting for the financial institution. Develop and implement financial institution fiscal plans and policies, including asset/liability analysis. Candidate must possess strong analytical skills. A bachelor’s degree is required and a minimum of two years’ experience in public accounting; financial institutions preferable. Pay commensurate with qualifications and experience. Reports to Chief Executive Officer. Candidates may submit resumes to rchew@msbankers.com. ACCOUNTANT 2: Gulf Coast bank seeking accountant. CPA preferred. Perform data analysis, budgeting and forecasting for the financial institution. Develop and implement financial institution fiscal plans and policies. Candidate must possess strong analytical skills. A bachelor’s degree is required and a minimum of two years’ experience in public accounting; financial institutions preferable. Pay commensurate with qualifications and experience. Reports to Chief Financial Officer. Candidates may submit confidential resumes to rchew@msbankers.com. BANK EXAMINER: The Depart-

ment of Banking and Consumer Finance is seeking someone to fill the position of bank examiner. This is travel intensive examination work with the responsibility for conducting examinations of financial institutions. Duties include examination of a financial institution’s soundness, compliance with laws, and the preparation of reports of examination. The work requires knowledge of lending and bank operations. Loan review or lending experience is preferred. Please send resume to roger. sinclair@dbcf.ms.gov.

COMPLIANCE OFFICER 1: Bank

seeks full-time Compliance Officer to work in southwest Mississippi. Applicants should have continuous work history with three years of recent experience in compliance department of a bank. Successful candidate must be professional, exhibit good interpersonal skills (relate to customers and coworkers),

38

and possess sound judgment. College education preferred. Credit and criminal background check will be conducted. Drug screen required. Pay commensurate with qualifications and experience. Benefits available on first of month following 30 days of full-time employment. Candidates may submit confidential resumes to rchew@ msbankers.com.

COMPLIANCE OFFICER 2:

Bank seeks full-time Compliance Officer to work in Northeast Mississippi. Applicants should have continuous work history with two years of recent experience in compliance department of a bank. Successful candidate must be professional, exhibit good interpersonal skills (relate to customers and coworkers), and possess sound judgment. Financial responsibility to be verified. Pay commensurate with qualifications and experience. Benefits available on first of month following 60 days of full-time employment. Candidates may submit confidential resumes to rchew@msbankers.com.

E-BANKING SUPPORT SPECIALIST: A community bank in Ridgeland, MS

is seeking an E-Banking Support Specialist to join their Deposit Operations department team. The E-Banking Support Specialist works with the staff of the Deposit Operations in a supportive role, primarily inputting data on the Customer Information File and Card Management systems, and scanning and indexing documents into the Imaging system. Secondary role will include some customer support by telephone contact with external and internal customers to support all departments within the bank. Candidate must possess strong computer, organizational and customer service skills. A High School Diploma or GED equivalent is required (some college preferred), with one to two years related experience preferred. Pay commensurate with qualifications and experience. Candidates may submit resumes to Kristy. Reich@StateBank1898.com.

THE MISSISSIPPI BANKER

FINANCIAL CENTER MANAGER:

Bank in Gulfport seeks a Financial Center Manager. Applicants should have a Bachelor’s degree or equivalent experience. Successful candidate must have excellent verbal and written communication skills, intermediate to advanced PC skills including Microsoft Word and Excel, ability to manage multiple priorities. Applicant should have a strong work ethic with a sense of commitment, integrity, accountability, and urgency. Applicant must also have the ability to underwrite loans and make sound credit decisions. This position will ensure all activities and work functions meet compliance requirements as defined in company policies and procedures and state and federal laws and regulations. The financial center manager will direct branch personnel to achieve goals and standards for financial performance, quality service and culture. Additionally, this position will be responsible for building deposit relationships by calling on businesses, professional groups, high net worth individuals and existing customers to solicit new deposit and loan business. The financial center manager will also solicit referrals, review existing account relationships for opportunities to meet additional needs with other products or services and make proposals as appropriate, and participating in civic and community activities to generate visibility and contacts for the bank. Will manage staff members by completing performance appraisals, coaching and developing, and conducting performance management activities. The branch manager will maintain and develop branch cultures, values and reputation in its market and with all staff, customers, suppliers, partners and regulatory/official entities. Candidates may submit resumes to ppierce@ mycharterbank.com.

TRUST OFFICER: Bank in Jackson

metropolitan area seeks Trust Officer. Applicants should have at least 3 years’ experience as a Trust Officer. Successful candidate must be professional, exhibit good interpersonal skills, and possess sound judgment. College education required and Trust training/designations preferred. Financial responsibility will be verified. We offer a complete salary and benefit package. Interested candidate may submit confidential resumes to rchew@msbankers.com.


HOW TO CONTACT US REGARDING A CLASSIFIED AD:

2014 Communications Conference September 9-10

CLASSIFIED AD POLICY - THE MISSISSIPPI BANKER

Embassy Suites Ridgeland, MS

Contact Rachel Chew, MBA, P.O. Box 37, Jackson, MS 39205. (601) 948-6366. rchew@msbankers.com

FOR MBA MEMBERS:

Classified advertising will be placed in The Mississippi Banker magazine for association member institutions free of charge. The magazine reserves the right to reject any ad or to change or limit the wording of any such ad. Typically, these ads will be for positions open. Other ads, such as sales or purchases of equipment or other property, will also be accepted.

FOR PERSONS SEEKING POSITIONS IN BANKING:

Classified advertising will be placed free of charge in The Mississippi Banker for any applicant seeking employment with a Mississippi bank, provided that the position sought is an officer level position and the applicant, as judged by the editor, is a legitimate candidate for the position sought. The magazine reserves the right to reject any ad, to limit or change the wording of any ad, or to limit the period of time the ad will be carried.

OTHERS:

No classified ads will be sold to non-members, including MBA Affiliates.

To Register:

Visit our website: www.msbankers.com or call (601) 948-6366

LIVE LIVE HEALTHY

BLUE www.bcbsms.com

Blue Cross & Blue Shield of Mississippi, A Mutual Insurance Company is an independent licensee of the Blue Cross and Blue Shield Association. 速 Registered Marks of the Blue Cross and Blue Shield Association, an Association of Independent Blue Cross and Blue Shield Plans.

MAY/JUNE 2014

39


American Bankers Association THE MISSISSIPPI BANKER

A Rifle-Shot Approach to Reg Relief By Gov. Frank Keating, American Bankers Association President and CEO One of the things I often hear when I have the opportunity to speak with you and your colleagues at your state bankers association’s annual convention is how new regulatory requirements are making it harder to lend and serve your communities. We know your regulatory burden is excessive – the Dodd-Frank Act has delivered 7,000 pages of new rules and guidance so far, and there’s more to come. The cumulative impact across the banking industry and across our economy is staggering. Banks’ compliance ob- Keating ligations also create unwieldy juxtapositions. When it comes to mortgage lending and servicing rules, for example, some banks are finding they must choose between serving customers and protecting themselves legally. ABA believes the solution to this seemingly intractable problem lies in what we call “tailored regulation.” By that we mean to government policies that recognize the diversity of the banking industry and the communities you serve. Rules that correspond to a bank’s charter, business model, geography and risk profile help to avoid the negative economic consequences of unsuitable, inefficient bank regulation.

While we have seen some successes with this approach – such as with improvements made to the Basel III and Volcker Rule regulations – we have a ways to go in undoing the damage done by Dodd-Frank. A special ABA-state bankers associations task force, however, has crafted an effective strategy to win you more relief. Assembled earlier this year, the ABA/Alliance Regulatory Relief Task Force examined dozens of significant regulatory burdens and identified a few that it believed could be addressed in a meaningful way through legislation this year. The focus on just a few was deliberate. It’s hard enough to get must-pass legislation, like spending authorization bills, through Congress. An omnibus relief bill for banks would have trouble getting to the runway, let alone getting liftoff. But targeted bills whose clear beneficiary is bank customers could and should stand a decent chance for enactment. Indeed, two bills that make the changes advocated by the task force cleared the House Financial Services Committee in May. Now we are urging bankers to generate support for them in the full House. The bills are: -- H.R. 2673, the Portfolio Lending and Mortgage Access Act, which would deem loans held in portfolio as Qualified Mortgages. -- H.R. 4521, the Community Institution Mortgage Relief Act, which would exempt lenders with less than $10 billion in assets

from the Dodd-Frank Act’s escrow requirements and servicers handling fewer than 20,000 loans from the servicing rule. We also are throwing our weight behind a third bill, H.R. 4466, which embodies the spirit of reg relief by requiring regulators to review and reconcile conflicting regulations before finalizing new ones. Getting co-sponsors for these important bills is a critical step to gaining a vote on the House floor. That’s why we’ve been asking bankers like you to send letters, call and meet with House members to share the real-world impact of these bills – how they would help your bank and the customers in your communities. A strong vote by the House can influence whether the Senate takes up the legislation. And action on these bills would bode well for future, rifle-shot relief measures. Help us help your bank by responding to any grassroots action alerts you receive. Encourage your employees, directors and peers to do the same. (You’ll find tools to easily generate letters on these bills at aba.com/grassroots.) ABA and your state association have been strong advocates, and our unified efforts helped get the bills this far. Your engagement can help get them across the finish line. © 2014 American Bankers Association. All rights reserved. Reprinted with permission.

2014 MYB Leadership Conference

September 16-17 Hilton Hotel, Jackson

To register, visit our website: www.msbankers.com 40

THE MISSISSIPPI BANKER


We’re Building A Strong Foundation The Mississippi Bankers Association has established the MBA Education Foundation to support scholarship and financial education programs of the association and its member banks.

P.O. Box 37 • Jackson, MS 39205-0037 • (601) 948-6366 The Foundation is a 501(c)(3) non-profit corporation and is eligible to receive tax-deductible contributions. Please consult your tax advisor to determine the tax deductibility of your gift.


125 CONGRATULATIONS MISSISSIPPI BANKERS ASSOCIATION

For your 125 years of service to Mississippi bankers. Hederman Brothers would like to offer a very sincere note of congratulations to our friend and long time partner, the Mississippi Bankers Association, on their landmark celebration of 125 years of service to the state of Mississippi.

500 Steed Road Ridgeland, Mississippi 39157 601.853.7300 1.800.844.7301 www.hederman.com

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GREEN

CROSS MEDIA

DESIGN


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.