Strength, Stability, Confidence

Message from Aubrey Patterson, Chairman and CEO

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BancorpSouth has steadily and consistently served the needs of our customers for generations. Our conservative loan policy and strict operating standards guide every decision at BancorpSouth. Our job is to assist with your financial needs; as a federally-insured bank provide safeguards for your deposits; make responsible loans to help grow our communities, and give our shareholders a reasonable return for their investment.  Through changing times and the economy’s ups and downs, we have managed our company to be a strong, consistently performing and fiscally conservative bank, responsive to the needs of our customers and the communities we serve. 

BancorpSouth’s History

Since our founding in 1876, we have continuously served our customers and communities, even during times of economic hardships – The Great Depression, war, strikes and natural disasters. In the last 133 years we have grown from operating in a hardware store in Verona, MS to approximately 318 commercial banking, mortgage, insurance, trust and broker/dealer locations across eight states with approximately $13.2 billion in assets. BancorpSouth is a historically strong, well performing and conservative bank.

BancorpSouth’s Stability

On July 15, 2008, on its Web site, BusinessWeek “Focus Stock” quoted Standard and Poor’s Equity Research… “We consider BancorpSouth to be one of the strongest midcap financial institutions that we cover, based on historical, current and expected trends in lending profits, credit quality and fee-income growth. We believe this southeastern regional bank’s credit quality is near the top of the industry, and we think it will remain relatively high, because the company operates in an attractive service territory, in our view and has not engaged in high-risk lending practices or held similarly risky securities."

BancorpSouth has been profitable throughout its modern history, and we have increased the cash dividends we pay our shareholders each year for the past 25 years.

On September 23, 2008, BancorpSouth was added to the S&P MidCap 400 index, which is one of the most widely used stock market indices for mid-sized companies. It covers 7% of the U.S. equities markets and is comprised of companies that meet several areas of specific criteria including financial viability.

BancorpSouth is FDIC Insured

Standard FDIC Insurance Increased to $250,000 through 12/31/2013

BancorpSouth is an FDIC insured bank as outlined in our brochure “Your Insured Deposits”, FDIC’s Guide to Deposit Insurance. There are also brochures and other tools available through FDIC’s website www.fdic.gov which customers may find useful. They include, but are not limited to:

• Insuring Your Deposits – Brochure
• The Edie Program – helps consumers to calculate all deposits at various institutions to determine overall coverage. http://www.fdic.gov/edie/

BancorpSouth is participating in the FDIC's Transaction Account Guarantee Program.

Under that program, through June 30, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in that account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

Helpful Links:

• BancorpSouth Press Release – S&P MidCap 400
• American Bankers Association -ABA Safety and Soundness page