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BancorpSouth History

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 Co exterior, 1876    teller, circa 1900    photograph of founder, 1904    man on telephone, circa 1930 

1876

Raymond Trice and Company, a modest mercantile operation in Verona, Mississippi, receives a perpetual charter to set up a bank in their store.

1886

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.

1966

Bank of Tupelo changes its name to Bank of Mississippi.

1982

Bancorp of Mississippi, the holding company for Bank of Mississippi is formed.  The name later changes to BancorpSouth, Inc.

1987

Bank of Mississippi merges with First Mississippi National Bank, becoming the state’s first statewide bank.

 Bank of Mississippi exterior, circa 1950   Bank of Mississippi exterior, circa 1960    man in old-timey car, circa 1970    ribbon cutting at headquarters, 1979 


1992

The Federal Interstate Banking Law passes, allowing BancorpSouth, Inc. to extend its reach into Tennessee through the purchase of Volunteer Bank of Jackson.

1997

Bank of Mississippi officially changes its name to BancorpSouth, signaling an intention to expand to surrounding states.

1998

BancorpSouth, Inc. purchases Alabama Bancorp, the holding company for Highland Bank in Birmingham, extending its presence to the state of Alabama.

1999

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.

2000

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.

 drive thru teller, circa 1980   groundbreaking ceremony, circa 1983    contractors painting gum tree symbol, circa 1988    new mastercard billboard, circa 1992 


2003

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.

2004

BancorpSouth merges with the Business Bank of Baton Rouge, Louisiana, and Premier Bank of Brentwood, Tennessee.

2005

BancorpSouth acquires American State Bank of Jonesboro, Arkansas, adding 11 more branches to the growing system and cementing its footprint in northeast Arkansas.

2006

BancorpSouth enters Florida with the opening of its first office in Destin.

2007

BancorpSouth merges with The Signature Bank of Springfield, MO, expanding its footprint to eight states.

image of women, circa 1994    new Bank of Mississippi ad, circa 1995     new website, circa 1997   bank footprint map, circa 1998 


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.

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