Summarized financial information for MidSouth Bancorp, Inc. (parent company only) follows:

	2012		2011
Assets
Cash and interest-bearing deposits in banks	$	4,982	$	27,894
Other assets		2,233		174
Investment in and advances to subsidiaries		217,049		151,166
Total assets	$	224,264	$	179,234

Liabilities and Stockholders' Equity
Liabilities:
Dividends payable	$	1,113	$	1,144
Notes payable		2,000		-
Junior subordinated debentures		29,384		15,465
Other		2,526		788
Total liabilities		35,023		17,397
Stockholders' equity		189,241		161,837
Total liabilities and stockholders' equity	$	224,264	$	179,234

Statements of Earnings
For the Years Ended December 31, 2012, 2011, and 2010
(in thousands)
	2012			2011			2010
Revenue:
Dividends from Bank and nonbank subsidiaries	$	-		$	-		$	-
Rental and other income		102			908			1,032
		102			908			1,032

Expenses:
Interest on short- and long-term debt		984			971			974
Professional fees		804			337			185
Other expenses		1,126			643			667
		2,914			1,951			1,826
Loss before equity in undistributed earnings of subsidiaries and income taxes		(2,812	)		(1,043	)		(794	)

Equity in undistributed earnings of subsidiaries		11,477			5,167			6,303

Income tax benefit		977			349			271

Net earnings	$	9,642		$	4,473		$	5,780

Statements of Cash Flows
For the Years Ended December 31, 2012, 2011, and 2010
(in thousands)
	2012			2011			2010
Cash flows from operating activities:
Net earnings	$	9,642		$	4,473		$	5,780
Adjustments to reconcile net earnings to net cash provided by operating activities:
Undistributed earnings of subsidiaries		(11,477	)		(5,167	)		(6,303	)
Other, net		(2,307	)		144			32
Net cash (used in) provided by operating activities		(4,142	)		(550	)		(491	)

Cash flows from investing activities:
Sale of equity securities		-			-			75
Investments in and advances to subsidiaries		-			(11,972	)		-
Outlays for business acquisition, net of cash acquired		(14,360	)		-			-
Net cash (used in) provided by investing activities		(14,360	)		(11,972	)		75

Cash flows from financing activities:
Proceeds from issuance of common stock		-			-			4,768
Proceeds from issuance of Series B preferred stock		-			32,000			-
Payment to redeem Series A preferred stock		-			(20,000	)		-
Proceeds from exercise of stock options		100			68			51
Payment of preferred dividends		(1,579	)		(938	)		(1,001	)
Payment of common dividends		(2,932	)		(2,724	)		(2,507	)
Other, net		1			-			-
Net cash provided by financing activities		(4,410	)		8,406			1,311

Net change in cash and cash equivalents		(22,912	)		(4,116	)		895
Cash and cash equivalents at beginning of year		27,894			32,010			31,115
Cash and cash equivalents at end of year	$	4,982		$	27,894		$	32,010