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FOR
IMMEDIATE RELEASE
May 17, 2007
Broughton
named Mobile market president for Hancock Bank of Alabama
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Jerry
M. Broughton
Mobile Market President
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MOBILE, AL (May 16, 2007) - Reiterating the company's successful
century-old strategy of relying on and preserving local leadership
within its myriad Gulf South markets, Hancock Bank of Alabama's
board of directors has confirmed veteran Alabama banker Jerry
M. Broughton as Hancock's new Mobile market president.
Company executives announced the decision Wednesday at noon,
just 12 business days after Hancock Bank of Alabama debuted
its downtown financial center at Dauphin and St. Emanuel streets.
Broughton will be the designated local executive responsible
for managing Hancock's continued commercial growth throughout
metropolitan Mobile and the Eastern Shore.
"Jerry
Broughton has been integral to the ongoing economic and civic
development of Mobile and Baldwin counties for many years.
His achievements as a seasoned financial professional and
community volunteer are exceptional. We are very pleased to
announce this decision as Hancock Bank of Alabama helps facilitate
commerce and opportunities across this dynamic market,"
said Ed Francis, Hancock's senior corporate commercial banking
executive.
As the senior commercial relationship manager for metropolitan
Mobile and the Eastern Shore, Broughton has been instrumental
in introducing Hancock's comprehensive lines of financial
solutions to local businesses and families since joining the
company in 2006. He will continue to direct Hancock's commercial
business development initiatives as the company opens an anticipated
six to eight new locations throughout the Mobile Bay area
by 2008.
"Hancock
Bank has been our neighbor on the Mississippi Coast since
1899. The company was founded on and sustains the same fundamental
values that are central to our Mobile heritage. We share a
history, culture, and ideology that forge strong foundations
for enduring business and hometown partnerships, complemented
by competitive regional resources and 108-year-old community
banking traditions," said Broughton.
Broughton is a graduate of Holt High School. The University
of Alabama alumnus also attended the prestigious Alabama School
of Banking. A longtime volunteer with numerous community organizations,
he is a member of the National Association of Realtors and
serves on the Mobile Area Chamber of Commerce advisory board.
Broughton and his family reside in Fairhope.
Hancock's regional senior vice president for credit, Frank
Meigs, will continue to manage the asset quality of the company's
commercial portfolio throughout Hancock's south Alabama and
the Florida Panhandle market. Hancock also recently announced
appointment of local business leaders Charles E. Story, Cheryl
A. Thompson, and C. Richard Wilkins as Hancock Bank of Alabama
directors.
About
Hancock Bank
Hancock
Holding Company - parent company of Hancock Bank of Alabama,
Hancock Bank Mississippi, Hancock Bank of Florida, and Hancock
Bank of Louisiana - has assets of more than $6 billion. Bank
subsidiaries include Hancock Investment Services, Inc., Hancock
Insurance Agency, and Harrison Finance Company. Additionally,
the company operates corporate trust offices in Gulfport,
MS, Jackson, MS, New Orleans, and Baton Rouge. Hancock's trust
department, a division of the wealth management group, has
assets of $7.4 billion, with assets under management of $2.31
billion, as of December 31, 2006.
Founded
October 10, 1899, Hancock Bank is the only financial services
company headquartered in the Gulf South to rate among the
top 20 percent of America's top performing banks. Hancock
consistently ranks as one of the country's strongest, safest
financial institutions, according to Veribanc, Inc., and BauerFinancial
Services, Inc. Thomson Financial also recently listed Hancock
as the ninth largest corporate trustee bank in the U.S. Dave
Lundgren, who manages the Hancock Horizon Funds (Hancock's
proprietary mutual funds), earned accolades from Barron's
as one of the nation's top-100 funds managers.
More
corporate information and online banking are available at
www.hancockbank.com.
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FOR
MORE INFORMATION
R. Paul Maxwell, VP & Corporate Communications
Manager
228.563.7953 or paul_maxwell@hancockbank.com
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