1968
Thomas W. Colbert is named president and CEO, becoming Mississippi’s youngest bank CEO at the age of 27.

1977
Farmers and Merchants Corporation is incorporated as Mississippi’s first-ever bank
holding company.

1983
Thomas W. Colbert becomes chairman of the holding company.

1991
Freddie J. Bagley is named president of the holding company.

1994
The holding company changes its name to Community Bancshares of Mississippi, Inc.

1995
Farmers and Merchants changes name to Community Bank of Mississippi.
» Community Bancshares acquires Merchants and Manufacturers Bank of
Ellisville, Mississippi.
» Community Bancshares acquires Peoples Bank of Mississippi based in Indianola.

1996
Community Bancshares forms Community Bank, Coast in Biloxi, Mississippi.

1997
Community Bancshares forms Community Operations, Inc., a wholly-owned subsidiary of the holding company that serves the operations needs of its member banks.

1998
Community Bancshares forms Community Bank, DeSoto County in Southaven, Mississippi.

1999
Community Bancshares is named one of Mississippi’s fastest-growing private companies by the Mississippi Business Journal’s annual survey.
» Community Bancshares forms Community Bank, Meridian in Meridian, Mississippi.

2000
Community Bancshares surpasses the $1 billion in assets milestone.

2003
Community Bancshares acquires First National Bank of Lucedale in Lucedale, Mississippi.

2004
Community Bancshares acquires Security Bank in Amory, Mississippi.

2005
Thomas W. Colbert is inducted into the Mississippi Business Hall of Fame.
» Chuck Nicholson named chief operating officer of Community Bancshares.
» By combining Community Bank, DeSoto County and Community Bank, Indianola, Community Bancshares moves into Tennessee by forming Community Bank NA (National Association) and opening an office in Memphis.

2006
Community Bank is named one of the “Best Places to Work” by the Mississippi
Business Journal.
» Community Bancshares joins with local investors to open a bank in Destin, Florida.
» Community Bancshares surpasses the $2 billion in assets milestone.

2007

Community Bank is named one of the “Best Places to Work” by the Mississippi Business Journal for the second year in a row.
» Community Bank opens state-of-the-art operations center in Brandon.
» Community Bank merges in North Mississippi.