Two different SOTR officials have recently been quoted in the paper as wanting to go to MS. SOTR has only a few branches there. TRMK ($5.8), a pure play, is the leading independent there. A strong conservative bank making a good fit for SOTR. Also, presently being run by an ole SOTR boy.
Msg. 101- Just because TRMK is not traded on NY does not mean it's not a good bank. Check out SOTR. TRMK has about twice the market share in MS as does BXS. There would probably be some branch overlap between BXS-SOTR. Not so with TRMK-SOTR. If SOTR was looking at both MS-TN in the same play, then FATN would be the prize. However, TRMK is THE bank in MS. Then take FTEN in TN,an excellent bank. There is a lot more to banks than just geography. I have heard it rumored that RGBK was very interested in FATN if it is still available after FCLR. JMHO