MidSouth in Louisiana abruptly fires CEO Rusty Cloutier
MidSouth also fired Cloutier's son as part of what it called a "transition plan already under way to improve” performance. ... Read full article
News Topic: Louisiana
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First NBC's former CEO resigns as bank president
Ashton Ryan, who had been removed as CEO in December, has still been serving as its president. The company also agreed to sell preferred stock to directors to help it make payments tied to its subordinated debt. ... Read full article
FDIC labels First NBC significantly undercapitalized
The New Orleans company, which recently sold nine branches and $1.3 billion in loans, was ordered to raise more capital or find a buyer. ... Read full article
Investar Holding to buy Citizens Bancshares in Louisiana
Investar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets. ... Read full article
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