Michael Lee Sappington

BancorpSouth Bank engages in conducting general commercial banking, trust, and insurance businesses through offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas, and Illinois. It operates through the following segments: Banking Services Group, Mortgage, Insurance Agencies, Wealth Management, and General Corporate and Other. The Banking Services Group segment offers deposit products, commercial loans and consumer loans. The Mortgage segment includes mortgage banking activities of originating mortgage loans; selling mortgage loans in the secondary market; and servicing the mortgage loans that are sold on a servicing retained basis. The Insurance Agencies segment serve as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health, and employee benefits products and services. The Wealth Management segment provides individuals, businesses, governmental institutions, and non-profit entities a wide range of solutions to help protect, grow, and transfer wealth. The General Corporate and Other segment covers activities not allocated to Banking Services Group, Mortgage, Insurance Agencies or Wealth Management segments. The company was founded in 1876 and is headquartered in Tupelo, MS.

BancorpSouth, Inc. is a financial holding company, which engages in the banking activities through, BancorpSouth Bank. It operates through the following segments: Community Banking, Insurance Agencies and General Corporate and Other. The Community Banking involves in providing deposit products, commercial loans, and consumer loans. The Insurance Agencies segment includes lines of property, casualty, life, health, and employee benefit products and services. The General Corporate and Other segment offers leasing, mortgage lending, and trust services; credit card activities; and investment services. The company was founded in 1982 and is headquartered in Tupelo, MS.