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Founded Year



Acq - P2P | Acquired



About MidSouth Bancorp

MidSouth Bancorp is a bank holding company. Through its wholly owned subsidiary, MidSouth Bank, MidSouth offers a full range of banking services to commercial and retail customers in Louisiana and Texas.On September 23rd, 2019, MidSouth Bank was acquired by Hancock Whitney at a valuation of $213M.

MidSouth Bancorp Headquarter Location

PO Box 3745

Lafayette, Louisiana, 70502,

United States


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Latest MidSouth Bancorp News

Former MidSouth chief named CFO of Oconee in Georgia

Dec 17, 2019

It didn't take long for Jim McLemore to find a new job. McLemore, who orchestrated MidSouth Bancorp's sale to Hancock Whitney in September, was named chief financial officer at Oconee Financial in Watkinsville, Ga. The $356 million-asset parent of Oconee State Bank said in a Monday press release that the appointment was effective immediately. "Jim has a unique mix of exceptional experience, high character, and an authentic sense of humility,” Neil Stevens, Oconee's president and CEO, said in the release. “Jim is well known and highly respected within banking circles across the Southeast, and we look forward to having his perspective as we continue our plans to remain independent and foster strategic growth," Stevens added. McLemore, who has been CFO at several banks, became CEO of the $1.7 billion-asset MidSouth when the company's board abruptly fired founder Rusty Cloutier in April 2017. McLemore raised capital , unloaded energy credits , sold and closed branches and sliced MidSouth’s quarterly dividend. Under his leadership, energy loans fell from nearly a fifth of MidSouth’s overall portfolio in early 2017 to less than 13% when its sale to Hancock closed in late September. Subscribe Now

  • When was MidSouth Bancorp founded?

    MidSouth Bancorp was founded in 1985.

  • Where is MidSouth Bancorp's headquarters?

    MidSouth Bancorp's headquarters is located at PO Box 3745, Lafayette.

  • What is MidSouth Bancorp's latest funding round?

    MidSouth Bancorp's latest funding round is Acq - P2P.

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