At their regular quarterly meeting on July 26, 2000, the Board of Directors of BancorpSouth, Inc.
BancorpSouth previously reported net income of $17.9 million or $0.32 per share for the second quarter of 2000.
BancorpSouth, Inc. currently operates banking, insurance and financial service offices in Mississippi, Alabama and Tennessee. A merger with First United Bancshares, Inc., which operates banking and insurance offices in Arkansas, Louisiana and Texas, is pending and expected to close in the third quarter.
SOURCE: BancorpSouth, Inc.
Contact: L. Nash Allen, Jr., 662-680-2330, or Gary C. Bonds,
662-680-2332, both of BancorpSouth, Inc.