MidSouth Bank, National Association

Overview / Commentary
102 Versailles Blvd
Lafayette, LA 70501

MidSouth Bank, National Association is headquartered in Lafayette and is the 8th largest bank in the state of Louisiana. It is also the 482nd largest bank in the nation. It was established in 1985 and as of March of 2019, it had grown to 480 employees at 44 locations. MidSouth Bank, National Association has a B+ health rating.

Related Posts

View all posts from:

Reviews (1)

The Slowest Bank I Have Ever Worked With - Houston, TX


As a SBA 504 BDO I referred a loan to this bank on December 2010.  It was approved on April 2011.  Construction was finished during winter 2012.  Today is March 28, 2013 and the bank, despite of my many e-mails and phone calls to the officers which are never answered, the interim loan (SBA portion) is still with the bank and they will not close on the permanent loans.

The borrower is paying interest on an interim loan which could already be going to the permanent SBA loan.

The original officer of the loan is no longer at the bank.  A new officer was made in charge.  He never returns calls or even replies to e-mails.  Very irresponsible bank.

I will not send another loan to them.  I am paid when the SBA loan portion is closed and funded and because of this slow moving institution I have worked since December 2010 on this loan and not seen my compensation.  Very frustrating. 

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. MidSouth Bank, National Association has a negative return on equity.

Health Grade Components

FDIC Certificate #25884
Year Established1985
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD-1.24%
Return on Equity - YTD-10.86%
Annual Interest Income$17.5MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$1.74B$1.86B
LoansQ1 2019vs Q1 2018$870.4MM$1.11B
DepositsQ1 2019vs Q1 2018$1.49B$1.55B
Equity CapitalQ1 2019vs Q1 2018$198.5MM$222.6MM
Loan Loss AllowanceQ1 2019vs Q1 2018$24.8MM$25.4MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$22.6MM$82.5MM
Real Estate OwnedQ1 2019vs Q1 2018$664.00K$1.8MM

Sorry, we do not have rate data for MidSouth Bank, National Association.



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.