About 140 years ago, in the back of a hardware store in Verona, Mississippi, a new approach to banking was born – an approach built on longevity and the principle that neighbors should help neighbors. It was based on the idea that to better serve a customer is to understand what is right for them.
Raymond Trice and Company, a modest mercantile operation in Verona, Mississippi, receives a perpetual charter to set up a bank in their store.
Raymond Trice and Company moves its banking operations to nearby Tupelo and changes its name to Bank of Lee County, which later becomes the Bank of Tupelo.
Bank of Tupelo changes its name to Bank of Mississippi.
Bancorp of Mississippi, the holding company for Bank of Mississippi is formed. The name later changes to BancorpSouth, Inc.
Bank of Mississippi merges with First Mississippi National Bank, becoming the state’s first statewide bank.
The Federal Interstate Banking Law passes, allowing BancorpSouth, Inc. to extend its reach into Tennessee through the purchase of Volunteer Bank of Jackson.
Bank of Mississippi officially changes its name to BancorpSouth, signaling an intention to expand to surrounding states.
BancorpSouth, Inc. purchases Alabama Bancorp, the holding company for Highland Bank in Birmingham, extending its presence to the state of Alabama.
BancorpSouth enters the property and casualty business with the acquisition of Stewart, Sneed, Hewes Insurance, a Southern Mississippi agency that was, at the time, the largest independent insurance agency in Mississippi.
BancorpSouth merges with First United Bancshares, entering Arkansas, Louisiana and Texas, and creating a $9 billion bank that ranks in the top 100 banking companies in America.
BancorpSouth acquires Wright & Percy Insurance, the oldest and largest independent agency in Louisiana, with locations in Baton Rouge, Shreveport, Lake Charles and Alexandria. Shortly after, that same year, BancorpSouth merges with Ramsey, Krug, Farrell and Lensing, one of the largest independent insurance agencies in Arkansas.
BancorpSouth merges with the Business Bank of Baton Rouge, Louisiana, and Premier Bank of Brentwood, Tennessee.
BancorpSouth acquires American State Bank of Jonesboro, Arkansas, adding 11 more branches to the growing system and cementing its footprint in northeast Arkansas.
BancorpSouth enters Florida with the opening of its first office in Destin.
BancorpSouth merges with The Signature Bank of Springfield, MO, expanding its footprint to eight states.
2007 – 2012
BancorpSouth acquires insurance agencies in Jonesboro, AR; Springfield, MO; Nacogdoches, TX; and Brewton, AL.
2008 – Present
BancorpSouth continues to expand with locations in new markets such as Broussard, LA; Rogers, AR; New Albany, MS; Spanish Fort, AL; and Hot Springs, AR.