AP NEWS

MidSouth Bancorp, Inc. Elects D. Michael “Mike” Kramer as Vice Chairman

November 16, 2018

LAFAYETTE, La.--(BUSINESS WIRE)--Nov 16, 2018--MidSouth Bancorp, Inc. (“MidSouth”) (NYSE:MSL) today announced that D. Michael “Mike” Kramer has been elected as Vice Chairman of the Board of Directors. The Vice Chairman position was vacated on December 26, 2017, following the resignation of Joseph V. Tortorice Jr. for health reasons. Mr. Kramer joined the MidSouth Board upon his election at MidSouth’s Annual Shareholder Meeting on May 30, 2018.

Commenting on the election of Mr. Kramer as Vice Chairman, Jake Delhomme, Chairman of MidSouth said, “We are pleased to have Mike expand his governance responsibilities with MidSouth and have benefited tremendously from his extensive industry experience and insight.”

Additionally, MidSouth Bank has hired Glenda Gaubert as Senior Vice President, BSA/AML Officer. Ms. Gaubert is responsible for developing and implementing all aspects of the Bank Secrecy Act and Anti-Money laundering Act compliance programs. Ms. Gaubert is an ACAMS certified BSA/AML Compliance Professional and will be based in the Dallas market.

President and CEO Jim McLemore commented, “Glenda is a 30-year banking veteran with experience in markets including Miami and South Texas. She most recently served as Vice President, BSA/AML OFAC Officer for Mercantil Bank of Florida and will be instrumental in overseeing our compliance with the consent order with the OCC which we entered into last month.”

About MidSouth Bancorp, Inc.

MidSouth Bancorp, Inc. is a bank holding company headquartered in Lafayette, Louisiana, with total assets of $1.8 billion as of September 30, 2018. MidSouth Bancorp, Inc. trades on the NYSE under the symbol “MSL.” Through its wholly owned subsidiary, MidSouth Bank, N.A., MidSouth offers a full range of banking services to commercial and retail customers in Louisiana and Texas. MidSouth Bank currently has 42 locations in Louisiana and Texas and is connected to a worldwide ATM network that provides customers with access to more than 55,000 surcharge-free ATMs. Additional corporate information is available at MidSouthBank.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181116005217/en/

CONTACT: Investor Contacts: Jim McLemore, CFA

President & CEO

337.237.8343

Lorraine Miller, CFA

EVP & CFO

337.593.3143

KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING

SOURCE: MidSouth Bancorp, Inc.

Copyright Business Wire 2018.

PUB: 11/16/2018 08:30 AM/DISC: 11/16/2018 08:30 AM

http://www.businesswire.com/news/home/20181116005217/en

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