Robert Murphy

Deltic Timber Corp. engages in growing and harvesting of timber and the manufacture and marketing of lumber and medium density fiberboard. It operates through the following segments: Woodlands, Manufacturing, Real Estate, and Corporate. The Woodlands segment manages all aspects of the timberlands including the harvest and sale of timber, the sales and acquisitions of timberland, the leasing of oil and gas mineral rights, royalty payments, timberland management, and hunting land leases. The Manufacturing segment consists of Deltic's two sawmills that manufacture a variety of softwood lumber products. The Real Estate segment includes the company's three active real estate developments and related country club operations. The Corporate segment consists of executive management, accounting, information systems, human resources, purchasing, treasury, income tax, and legal staff functions that provide support services to the operating business units. The company was founded on September 4, 1996 and is headquartered in El Dorado, AR.

BancorpSouth Bank engages in conducting general commercial banking, trust, and insurance businesses through offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas, and Illinois. It operates through the following segments: Banking Services Group, Mortgage, Insurance Agencies, Wealth Management, and General Corporate and Other. The Banking Services Group segment offers deposit products, commercial loans and consumer loans. The Mortgage segment includes mortgage banking activities of originating mortgage loans; selling mortgage loans in the secondary market; and servicing the mortgage loans that are sold on a servicing retained basis. The Insurance Agencies segment serve as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health, and employee benefits products and services. The Wealth Management segment provides individuals, businesses, governmental institutions, and non-profit entities a wide range of solutions to help protect, grow, and transfer wealth. The General Corporate and Other segment covers activities not allocated to Banking Services Group, Mortgage, Insurance Agencies or Wealth Management segments. The company was founded in 1876 and is headquartered in Tupelo, MS.