A SOTR-TRMK would be infinitely better than
FATN-DEP. SOTR is on every bank analysis' BUY
recommendation list. SOTR is a very strong and conservative
bank( like TRMK) but much bigger and positioned for
future growth. SOTR please buy TRMK!!!
TRMK is not for sale! Plus, SOTR would never buy
a MS bank. They are obsessed with growth rates and
an MS bank would slow down their growth rate. Look
for more FL acqs from SOTR. They'll go into TX bef
All the directors that sold out in DEC/JAN are
smiling now. So glad we elected them all back to board.
They are doing a wonderful job. Those stock options
that were voted on at stockholders meeting are proving
a real incentive also. Community above
profit-employee over shareholder; give me a good bike race , an
exciting tennis match---THIS BANK IS NOT FOR SALE!!!!!
Since this is the TRMK message board were
information and comments conderning TRMK are exchanged, I
interpret your analogical comment to mean if TRMK were more
aggressive, TRMK would merge into SOTR. Is this the
FATN has bought 3 banks since DEP. Now a $20B
bank. UPC with its recent merger is now a $32B bank.
SOTR has not recently merged but has made some buys,
now a $33B bank. A BXS merger would make SOTR around
$38B. If RGBK were to merge with FATN as you suggest,
the combined bank would be around $53B. Then there's
if SOTR makes a run at BXS. SOTR wants in MS &
with TRMK's "this banks is not for sell" stance SOTR's
run at BXS is possible. TRMK competing with SOTR,
UPC,& FATN--could be bad! Also look for FATN-RGBK soon.
TRMK may not have the growth potential but TRMK will
provide more jobs in Jackson, have a great bike race, &
an exciting old folks tennis match. So what if these
big banks make more money. Community-jobs first:
shareholders last! TRMK's stock price $3 below year end. But
TRMK doubled last year! UN-doubling this year.
This board has become as dead as the stock. Of
course, TRMK did double last year, even thought it's
trading about a $1.50 off of year end. I need to join you
on the sidelines of this one but just keep hanging
on. I talked with an insider today and says nothing
to the SOTR talk. That is such a shame. A merger
with SOTR would be great. IF TRMK is going to bury its
head in the sand why not the gulf coast sand, not a
merger but consolidation. Make Mr. Seals chairman of
board, keep TRMK name and headquarters and Mr. Hickson
chairman of bank. HBHC has been underperforming for some
time and Richard seems to be doing a good job at TRMK.
Win-win! This would really be a great thing for MS. Then
merge with PHC. The combination of these three would
make an attractive franchise; about as attractive as a
MS franchise can be!
Forgive me please! I got carried away. I was
selfishly thinking how my investment in TRMK might become
maximized enabling me to better provide for my family.
Having read the cl concerning the FATN-DEP deal, I as a
shareholder need to put community above family. Will SOTR
keep the bike race, the tennis match, revitalize
Farrish Street, help Johnson-Stokes-Armstrong move the
city into the next century? Excuse me please, one
should not put ones money a risk for personal gain. Will
TRMK acccept civic pride as my house payment?
It's funny you mention taking care of your
family, what about the families of all the employees of
TRMK, DEP, Sunburst, MagFed, & BXS that will lose (have
lost) their job because of such mergers? I'm talking
about the average Joe's here.
I propose this,
take your money and invest it in a drug stock or a
computer stock then I will pull for those companies to
develop a miracle drug or a faster computer chip so that
you may realize your worldly riches. But I cannot
wish you success at the expense of anothers