MidSouth Bancorp, Inc. Reports Quarterly Dividends

LAFAYETTE, La.–(BUSINESS WIRE)–MidSouth Bancorp, Inc. (“MidSouth”) (NYSE: MSL) announced a cash
dividend was declared on May 22, 2019 in the amount of one cent ($.01)
per share to be paid on its common stock on July 1, 2019 to shareholders
of record as of the close of business on June 14, 2019.

Additionally, the Board of Directors declared a quarterly cash dividend
of 1.00% per preferred share on its 4.00% Non-Cumulative Perpetual
Convertible Preferred Stock, Series C. The dividend is payable on July
15, 2019, to shareholders of record as of the close of business on July
1, 2019.

About MidSouth Bancorp, Inc.

MidSouth Bancorp, Inc. is a bank holding company headquartered in
Lafayette, Louisiana, with total assets of $1.7 billion as of March 31,
2019. 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.

Contacts

Jim McLemore, CFA
President & CEO
337.237.8343
Lorraine
Miller, CFA
EVP & CFO
337.593.3143

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