LAFAYETTE, La., May 6, 2011 /PRNewswire/ -- MidSouth Bancorp, Inc.("MidSouth") (NYSE Amex: MSL), announced today that on Tuesday, May 10, 2011 at 11:10 a.m. (CDT), senior officers of MidSouth Bancorp, Inc. — holding company of MidSouth Bank — will address financial analysts from across the nation during the 16th annual Gulf South Bank Conference at the Ritz Carlton Hotel in New Orleans.
At the conference, MidSouth's Chief Executive Officer Rusty Cloutier, Chief Operating Officer Jerry Reaux, Chief Banking Officer Troy Cloutier, and Chief Financial Officer Jim McLemore will highlight the company's financial performance, corporate business strategies, and certain aspects of the Company's strategic plan for growth throughout the markets it serves in Louisiana and Texas.
Investors may access the live webcast or the replay version of MidSouth's presentation by clicking on http://cc.talkpoint.com/snlf001/050911a_ah/?entity=5_WUNRKFW or you may view the slides by visiting www.midsouthbank.com and clicking the Investor Relations tab.
The investment community recognizes the Gulf South Bank Conference as one of the premier regional bank conferences with an emphasis on mid-to-small-cap companies. Scheduled for May 9th- 11th this year's conference will feature insightful presentations from executive management representing 25 financial institutions from across the Southeast. Additional information about the conference and a list of participating banks are available at www.gulfsouthbankconference.com.
About MidSouth Bancorp, Inc.
MidSouth Bancorp, Inc. is a bank holding company headquartered in Lafayette, Louisiana with assets of $1.0 billion as of March 31, 2011. Through our wholly owned subsidiary, MidSouth Bank, N.A., we offer a full range of banking services to commercial and retail customers in south Louisiana and southeast Texas. MidSouth Bank has 34 locations in Louisiana and Texas and more than 48 ATMs. More corporate information is available at www.midsouthbank.com.
Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. These statements include, among others, statements regarding future results, approval of our SBLF application, improvements in classified and criticized assets, changes in the local and national economy, the work-out of nonaccrual loans, the competition of the Jefferson Bank branch acquisition and other potential acquisitions. Actual results may differ materially from the results anticipated in these forward-looking statements. Factors that might cause such a difference include, among other matters, changes in interest rates and market prices that could affect the net interest margin, asset valuation, and expense levels; changes in local economic and business conditions, including, without limitation, changes related to the oil and gas industries, that could adversely affect customers and their ability to repay borrowings under agreed upon terms, adversely affect the value of the underlying collateral related to their borrowings, and reduce demand for loans; the timing and ability to reach any agreement to restructure nonaccrual loans; increased competition for deposits and loans which could affect compositions, rates and terms; failure to obtain approval of the SBLF application; failure to receive the necessary approvals for or otherwise satisfy the closing conditions for the Jefferson Bank acquisition; the timing and impact of future acquisitions, the success or failure of integrating operations, and the ability to capitalize on growth opportunities upon entering new markets; loss of critical personnel and the challenge of hiring qualified personnel at reasonable compensation levels; legislative and regulatory changes, including changes in banking, securities and tax laws and regulations and their application by our regulators, changes in the scope and cost of FDIC insurance and other coverages, and changes in the U.S. Treasury's Capital Purchase Program; and other factors discussed under the heading "Risk Factors" in MidSouth's Annual Report on Form 10-K for the year ended December 31, 2010 filed with the SEC on March 16, 2011 and in its other filings with the SEC. MidSouth does not undertake any obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or otherwise, except as required by law.
SOURCE MidSouth Bancorp, Inc.