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Leadership GBA Board of Directors Elects and Installs Officers and Directors Atlanta, GA, July 30, 2021 (PR.com) Members of the Georgia Bankers Association (GBA) have elected and installed officers and eight new members to the Leadership GBA Board of Directors for the 2021-2022 fiscal year. Jenny Wofford, senior vice president and director of retail banking with Pinnacle Bank in Elberton, was installed as chair. Members elected Candice Nanney, vice president and controller with Peach State Bank & Trust in Gainesville, as chair-elect. Kelly Smith, senior vice president of First National Bank of Griffin, was elected vice chair. These leaders are creative, engaged and enthusiastic about banking as a career. They’re already leaders in their banks and hometowns, so we’re fortunate to have them volunteering with Leadership GBA to help develop strong career bankers across the state, said Luke Flatt, GBA chairman and chairman, president and CEO of AB&T, Albany. ....
Morris Bank welcomes new commercial, mortgage lenders in Statesboro statesboroherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from statesboroherald.com Daily Mail and Mail on Sunday newspapers.
More By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. Morris Bank: Making the refinancing and mortgage process easier Brooke Pevey, left, and Kasey Hagan are mortgage originators with Morris Bank in Statesboro and can help ease the mortgage and refinancing process for all customers. - photo by By SCOTT BRYANT/staff If you have been hearing or reading about low interest rates, but you’re not sure if refinancing your current loan makes sense, Kasey Hagan and Brooke Pevey with Morris Bank in Statesboro want to help. “A rate over three and a half percent is a good target that it’s time to definitely look at refinancing,” Hagan, a mortgage originator with Morris, said. “If you bought your home five years ago, even if those were good rates then, they’re not so good rates now.” ....
DUBLIN, Ga., Feb. 12, 2021 (GLOBE NEWSWIRE) Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank, today announced net income of $17.4 million for the year ended December 31, 2020, representing an increase of $3.8 million, or 27.80%, compared to net income of $13.6 million for the year ended December 31, 2019. The company also announced diluted earnings per share of $8.30 for 2020, representing a 20.82% increase over diluted earnings per share of $6.87 for 2019. Earnings were a result of disciplined cost of funds management and strong fee income from the SBA Paycheck Protection Program, or PPP, and strong mortgage production. “We are very pleased with the financial performance of the Company in 2020. It was a year of significant change and challenges with the pandemic. Our team worked to strengthen community partnerships with our customers during the unprecedented economic conditions,” said Spence Mullis, President and CEO. ....
The city issued a permit Feb. 10 for Rapid Building Solutions LLC to build-out the closed Beach Boulevard Kmart for a drive-thru self-storage at a project cost of $3.36 million. Partners affiliated with the Florida-based self-storage construction company bought the store at 5751 Beach Blvd. in early 2020 to introduce the concept. The permit is for 125,632 square feet of interior build-out. Wayne Brodrick, vice president of sales and operations for Rapid Building Solutions, said in February 2020 that his group estimates a $7 million investment in the purchase and renovation. Before the pandemic, he expected it to open last summer. COVID-19 led to shutdowns in March. ....