TUPELO, Miss., Sept. 24, 2014 /PRNewswire/ -- BancorpSouth Bank,
subsidiary of BancorpSouth Inc. (NYSE: BXS) has opened a loan
production office in Chattanooga,
Tennessee, expanding the Bank's presence into Southeast Tennessee.
BancorpSouth's loan production office is located in downtown
Chattanooga at 631 Broad Street
and features a team of local lending and support
professionals. The office is part of BancorpSouth's Tennessee
Metro Division. The BancorpSouth team includes Sam Jones, Market President; Jim Farrar, First Vice President and Commercial
Lender; Ryan Marshall, Assistant
Vice President and Commercial Lender; and Sherry Skiles, Loan Administrative
Assistant.
Sam Jones is a 36-year
banking veteran in the Chattanooga
market having served with local and regional banks. Jones has
a BA from the University of
Tennessee-Chattanooga and is a graduate of the LSU Graduate
School of Banking and Commercial Lending School at the University of Virginia. His responsibilities
include commercial lending, senior credit administration, loan
operations, and other related responsibilities.
Jim Farrar is
a 33-year banking veteran having served with major national
financial services companies locally in Chattanooga, and Nashville, as well as in other major U.S.
markets. He graduated with a BBA from the University of Tennessee and has several RMA
certifications. Farrar is experienced in loan underwriting,
commercial real estate, residential construction lending and
problem loan work out.
Ryan Marshall is a 10-year
banking veteran with market experience in Chattanooga and Atlanta. He holds a BBA from Georgia Southern University. Marshall's
professional experience includes serving as a commercial
relationship manager and a financial center (retail) manager.
Sherry Skiles is an
experienced loan professional supporting the commercial loan
team.
Chattanooga is the fourth
largest city in Tennessee with an
economy that includes a diversified and growing mix of
manufacturing and service industries with major investments by high
profile international companies such as Volkswagen and numerous
successful national and local manufacturers. From 2008 to
date, nearly $2 billion in business
investments have been announced. Chattanooga continues to receive widespread
recognition for its progressive business climate and for its
quality of life.
BancorpSouth Chairman and Chief Executive Officer Dan Rollins said, "Chattanooga's business climate, together with
our experienced team of outstanding lenders and support staff,
presents BancorpSouth with outstanding opportunities to grow our
Bank while providing the Southeast
Tennessee area with a broad range of commercial and consumer
services."
Chris Bagley, BancorpSouth
President and Chief Operating officer, added, "Sam Jones' Chattanooga team, in the short time the office
has been open, is already working with commercial clients, funding
new business, and building a strong client pipeline."
BancorpSouth currently operates 28 full-service Tennessee banking locations, serving 19
Tennessee communities with over
$900 million in net loans and more
than $1 billion in total
deposits.
BancorpSouth, Inc. is a financial holding company headquartered
in Tupelo, Mississippi, with
approximately $13.0 billion in
assets. BancorpSouth Bank, a wholly-owned subsidiary of
BancorpSouth, Inc., operates approximately 300 commercial banking,
mortgage, and insurance locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in
Illinois.
SOURCE BancorpSouth, Inc.