MidSouth Bancorp, Inc. · Lafayette, LA United States ·(NYSE Alternext: MSL)
Company Description
Phone: 337-237-8343
Fax: 337-267-4434
Toll Free: 800-213-2265
View MidSouth Bancorp, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window For banking in the Deep South, try MidSouth. MidSouth Bancorp is the holding company for MidSouth Bank, which operates some 35 branches in south Louisiana and southeast Texas. Targeting individuals and local business customers, the bank offers such standard retail services as checking and savings accounts, savings bonds, investment accounts, and credit card services. It also writes real estate mortgages (about 35% of its loan portfolio), and commercial (more than 30%), consumer, and construction loans. MidSouth also offers lease-financing loans for business equipment. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key MidSouth Bancorp, Inc. Financials
| Company Type | Public - NYSE Alternext: MSL Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $54.5 |
| 2008 Employees | 419 |
MidSouth Bancorp, Inc. Executives
16 executives listed for MidSouth Bancorp, Inc.'s Lafayette, LA location.
| Title | Name & Bio | Contact |
| Chairman, MidSouth Bancorp and MidSouth LA | Will Charbonnet | Network |
| Vice Chairman | J. B. Hargroder | Network |
| President, CEO, and Director, MidSouth Bancorp and MidSouth LA | C. R. Cloutier | Network |
Competition
Competitive Landscape for MidSouth Bancorp, Inc.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top MidSouth Bancorp, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!