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BRIEF-Midsouth Bancorp's unit notified office of comptroller of currency, impacted customers, employees of intention to close 7 branch offices
July 6, 2017 / 1:02 PM / 2 months ago

BRIEF-Midsouth Bancorp's unit notified office of comptroller of currency, impacted customers, employees of intention to close 7 branch offices

July 6 (Reuters) - Midsouth Bancorp Inc:

* Midsouth Bancorp - on June 30, co's unit notified office of comptroller of currency, impacted customers, employees of intention to close 7 branch offices

* Midsouth Bancorp-branch closures expected to occur in september or october of this year, subject to applicable regulatory requirements

* Midsouth Bancorp Inc - expects to record a total pre-tax charge of approximately $790,000, which will occur during Q2 of 2017

* Midsouth Bancorp Inc - on June 30, also entered branch purchase and assumption agreement with bank of montgomery

* Midsouth Bancorp Inc - branch purchase and assumption agreement providing for sale of two Midsouth bank branch offices Source text: (bit.ly/2tUQ2HP) Further company coverage:

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