Community Bank’s management team is comprised of a solid group of executives with diverse backgrounds representing every aspect of the banking industry and every era of banking. Community Bank’s succession plan has two levels. Thomas Colbert, Freddie Bagley, and Chuck Nicholson hold the senior-most positions within the holding company. Underneath this holding company level are eight CEOs who lead eight banks and an operations center. These men and women form the pool from which successive leaders
will be chosen.
THOMAS W. COLBERT
Chairman of the Board Community Bancshares of Mississippi, Inc.
With over 40 years of banking experience, Thomas Colbert is one of the South’s most seasoned bank executives. Under his leadership, Community Bank has grown from a $6 million, one office concern in Forest, Mississippi, to a more than $2 billion, 35 office, multi-state holding company. In 1999, Community Bank was named one of Mississippi’s Top 20 Fastest-Growing Private Companies. In 2004, Community Bancshares became the fourth largest Mississippi bank. And in 2005, Colbert was named to the Mississippi Business
Hall of Fame.
FREDDIE J. BAGLEY
President and CEO Community Bancshares of Mississippi, Inc.
Joining Community Bank in 1976, Freddie Bagley worked his way through the ranks to the position of president of the holding company in 1991. With a large influence on systemwide policies, responsibilities for directing eight bank divisions, and duties as the primary liaison between the member banks and the holding company, Freddie Bagley is a key part of the Community Bank organization. Over the last decade, he has managed the consolidation of existing banks, acquired banks and de novo banks under one holding company umbrella.
CHARLES W. NICHOLSON, JR.
Vice-Chairman and COO Community Bancshares of Mississippi, Inc.
Chuck Nicholson has over 20 years of banking experience, more than half of which was spent as senior commercial lending officer for Citizens National Bank in Meridian, Mississippi. In 1998, he joined Community Bank to take on the task of leading the de novo creation of Community Bank, Meridian. The bank quickly became the fastest-growing financial institution in its market and is now a $140 million operation. Named vice chairman and COO of Community Bancshares in 2005, Nicholson’s emphasis is on operations and new products/markets. Chuck Nicholson will be instrumental in shaping Community
Bancshares’ future.
GEORGE W. TAYLOR, JR.
Vice-Chairman and President Community Operations Center, Inc.
Following his service as a United States Air Force pilot, work as a bank examiner, and serving as vice president of First Mississippi National Bank, George Taylor joined Community Bank in 1975. Elected vice chairman of the holding company in 1993, Taylor oversees the coordination of all bank technologies and heads Community Operations, Inc., Community Bank’s operations unit that services all seven banks.
DARRELL BROWN
President and CEO Community Bank of Mississippi
Darrell Brown joined Community Bank in 1985 after achieving the post of team leader with Arthur Andersen. After excelling in several areas of bank management, the holding company’s CEO handpicked Brown to be the president of Community Bank’s lead bank. Darrell Brown has helped grow Community Bank of Mississippi to a size of more than $600 million in assets in a primarily rural market.
BOBBY KNOX
President and CEO Community Bank, Ellisville
After working at Great Southern National Bank in credit analysis and loan review, Bobby Knox joined Community Bank in 1987. He has served in several capacities at Community Bank including senior vice president at the Forest bank and president of Community Bank, Indianola. He currently serves as president of Community Bank, Ellisville, which includes banks in Laurel and Hattiesburg. Knox recently grew the bank from the #3 bank to the #1 bank in Jones County — increasing the bank from $117 million in assets to more than
$420 million.
ALAN MATTHEWS
Chairman and CEO Community Bank, National Association
Alan Matthews began his banking career with Trustmark National Bank and was regional manager of 12 branches and 112 employees in Jackson, Mississippi, when he joined Community Bank in 1994. After a successful tenure as president of Community Bank, Indianola, Matthews took on the responsibility of leading the de novo creation of Community Bank, DeSoto County. Recently, these two banks were merged, creating a $320 million bank with five offices from Memphis to Indianola.
D'AUBY SCHIEL
Chairman and CEO Community Bank, Coast
D’Auby Schiel has a long and distinguished banking career which began in 1960. She gained her lending experience at banks in Alabama and Georgia before being named CEO of Jefferson Bank in Biloxi in 1979. In 1996, Schiel partnered with Community Bank to help form Community Bank, Coast. Today, the bank is a more than $250 million concern with five Coast offices.
P. JEFFREY MCCOY
President and CEO Community Bank, Meridian
Began banking career in 1979 with Commercial Bank, DeKalb, Ms serving as a Vice-President and President for over twenty one years. Joined Community Bank, Meridian, in 2002 as Senior V.P., later became Exe. V.P. and then President in September, 2004. Became CEO in 2007.
CHARLIE GARRETSON
President and CEO First National Bank of Lucedale
With 16 years of banking experience, Charlie Garretson joined Community Bank in Hattiesburg in 1997 as senior vice president. After Community Bancshares bought First National Bank of Lucedale in 2002, Garretson was named executive vice president. Now president and CEO, Garretson has led a dramatic turnaround of the bank.
JEFF KING
President and CEO Community Bank, Amory
Jeff King has been in banking for 19 years, joining Community Bank of Mississippi in 1998, after beginning his career at Deposit Guaranty National Bank. After Community Bancshares’ merger with Security Bank of Amory, Mississippi, King was named the bank’s executive vice president for less than two years before being chosen as the president and CEO of the more than $140 million bank in March 2005.
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