BancorpSouth, Inc. is a financial holding company headquartered in Tupelo, Mississippi. The company has $14.6 billion in assets as of the quarter ended September 30, 2016, More than 3,500 employees serve the company in administrative offices and branches in Mississippi, Tennessee, Alabama, Florida, Arkansas, Missouri, Louisiana, and Texas. BancorpSouth Banks origins began in 1876, when Raymond Trice and Company received a charter to create a bank in Mississippi. In 1886, the banking operation was moved to nearby Tupelo, MS and renamed the Bank of Lee County. Soon after, it was renamed to the Bank of Tupelo. In 1966, it was renamed the Bank of Mississippi. By December 1998, all branches of Bank of Mississippi and Tennessee-based Volunteer Bank — each a subsidiary of BancorpSouth, Inc. — officially adopted the BancorpSouth Bank brand, as the company also acquired Vicksburg-based Merchants Bank. BancorpSouth, Inc. operates its wholly owned subsidiaries, BancorpSouth Bank and its wholly owned subsidiaries, Gumtree Wholesale Insurance Brokers, Inc. The BancorpSouth Bank headquarters is located in downtown Tupelo, MS.