BankPlus
Belzoni, Mississippi, Humphreys County
$8.4B in total assets, the 200th largest of 4,309 US banks and 4th of 57 headquartered in Mississippi.
- FDIC certificate
- 5903
- Established
- 1909
- Owned by
- Bancplus Corp
- Primary regulator
- FED
- Website
- http://www.bankplus.net
At a glance
Compared with 10 banks headquartered in Mississippi with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $8.4B | 98% | $1.7B | |
| Loans | $6.4B | 98% | $1.1B | |
| Deposits | $7.3B | 98% | $1.5B | |
| Return on assets | 1.17% | 70% | 1.08% | |
| Net interest margin | 3.82% | 40% | 4.01% | |
| Efficiency ratio | 61.9% | 40% | 64.4% | |
| Equity to assets | 11.25% | 60% | 10.82% | |
| Loans to deposits | 87% | 80% | 80% |
Growth
Total assets grew 10.6% a year over the last 5 years and 12.3% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Mar 2022 | First Bank and Trust New Orleans, LA | $1.3B |
| Apr 2020 | State Bank & Trust Company Greenwood, MS | $1.2B |
| Jun 2000 | First National Bank of Holmes County Lexington, MS | $120M |
| Nov 1996 | BankPlus SSB Meridian, MS | $80M |
| Oct 1994 | Southeast Mississippi Bank Quitman, MS | $123M |
| May 1993 | Bank of Flora Flora, MS | $27M |
| Jun 1990 | Unifirst Bank for Savings, A Federal Savings and Loan Association Jackson, MS | $607M |
Where they operate
74 branches in 35 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Madison County, MS | $1.3B | 19.3% | 2 of 23 |
| Hinds County, MS | $1.2B | 12.3% | 4 of 16 |
| St. Tammany County, LA | $665M | 8.4% | 5 of 26 |
| Rankin County, MS | $577M | 12.8% | 3 of 19 |
| Desoto County, MS | $395M | 8.7% | 5 of 20 |
| Lincoln County, MS | $228M | 22.2% | 3 of 9 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 14 branches since 2016 (60 to 74, +23.3%). 12 opened, 38 acquired, 36 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 60 | |||
| 2016 | Closed 3 in Mississippi | 0 | 3 | −3 | 57 |
| 2017 | Opened TupeloClosed Ridgeland | 1 | 1 | 0 | 57 |
| 2018 | Opened Tupelo | 2 | 0 | +2 | 59 |
| 2019 | Closed 3 in Mississippi | 0 | 3 | −3 | 56 |
| 2020 | Acquired State Bank & Trust CompanyOpened Mobile, closed Holly Bluff | 26 | 1 | +25 | 81 |
| 2021 | Closed Mobile | 0 | 1 | −1 | 80 |
| 2022 | Acquired First Bank and TrustOpened 3 in 3 states, closed Lafayette and Slidell | 17 | 2 | +15 | 95 |
| 2023 | Opened Fairhope and StarkvilleClosed 14 in 2 states | 2 | 14 | −12 | 83 |
| 2024 | Opened Dothan and Gulfport | 2 | 0 | +2 | 85 |
| 2025 | Sold 2 branches to United Mississippi BankClosed 8 in 3 states | 0 | 10 | −10 | 75 |
| 2026 through Q2 | Closed Mccomb | 0 | 1 | −1 | 74 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 37% | 35% | |
| 1-4 family residential | 28% | 29% | |
| Business (C&I) | 11% | 11% | |
| Construction and land | 7% | 11% | |
| Multifamily | 7% | 4% | |
| Farmland | 5% | 5% | |
| Agricultural | 2% | 2% | |
| Consumer | 2% | 2% | |
| Other | 0% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 59% | 59% | |
| Time deposits | 23% | 24% | |
| Noninterest-bearing | 18% | 17% |
Brokered deposits are 1.1% of deposits (peers 1.4%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.62% | 0.76% |
| Net charge-offs, annualized | 0.05% | 0.11% |
| Reserves to loans | 1.12% | 1.14% |
| Leverage ratio | 10.84% | 10.84% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Mississippi
Largest competitors in Madison County, MS
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/bankplus