UNITED STATES SECURITIES AND
		      EXCHANGE COMMISSION
		     WASHINGTON, D.C.  20549

			  FORM 10QSB


__X___QUARTERLY REPORT PURSUANT TO SECTION 13 OR
      15(d) OF THE
      SECURITIES EXCHANGE ACT OF 1934
      For the quarterly period ended.....................    June 30, 2001


_____ TRANSITION REPORT PURSUANT TO SECTION 13 OR
      15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
      For the transition period from ..... to .....

		COMMISSION FILE NUMBER 2-91-000FW

		      MIDSOUTH BANCORP, INC.
		Louisiana              72 -1020809

	      102 Versailles Boulevard, Lafayette, Louisiana
			      70501
			  (337) 237-8343

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or
for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the
past 90 days.           YES  __X__              NO  _____

State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date.
	Outstanding as of July 31, 2001

     Common stock, $.10 par value               2,591,921


	     Transitional Small Business Disclosure Format:
			Yes _______     No __X__

			      Page 1

<PAGE>

								 Page 2

PART 1 - FINANCIAL INFORMATION

Item 1.  Financial Statements (Unaudited)                     Page

Financial Highlights                                           3

Statements of Condition - June 30, 2001 and
   December 31, 2000                                           4

Statements of Income - Three and Six Months Ended
June 30, 2001 and 2000                                         5

Statement of Stockholders' Equity - Six Months
 Ended June 30, 2001                                           6

Statements of Cash Flows - Six Months Ended
June 30, 2001 and 2000                                         7

Notes to Financial Statements                                  8

Item 2.  Management's Discussion and Analysis or

Plan of Operation                                              9

PART II - OTHER INFORMATION

Item 4.  Submission of Matters to a Vote of Security Holders  15

Item 6.  Exhibits and Reports on Form 8-K                     16

Signatures                                                    17



<PAGE>
<TABLE>
<CAPTION>

MIDSOUTH BANCORP, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS (UNAUDITED)
					Three Months Ended        Six Months Ended
					     June 30,                  June 30,
EARNINGS DATA                           2001         2000         2001         2000
				     _________________________________________________
<S>                                  <C>          <C>          <C>          <C>
Net interest income                  $4,079,659   $3,631,617   $7,962,842   $7,104,344
Provision for loan losses             1,034,244      177,391    1,357,344      394,353
Non-interest income                   1,366,477    1,157,794    2,549,693    2,195,064
Non-interest expense                  3,821,855    3,510,911    7,525,723    7,099,702
Provision for income tax                120,200      309,550      364,454      465,526
Net income                              469,837      791,559    1,265,014    1,339,827
Preferred dividend requirement           22,458       35,405       52,751       73,464
Income available to common
  shareholders                         $447,379     $756,154   $1,212,263   $1,266,363
======================================================================================

PER COMMON SHARE DATA

Basic earnings per share                  $0.18        $0.30        $0.48        $0.51
Diluted earnings per share                $0.16        $0.27        $0.43        $0.45

Book value at end of period               $7.64        $6.31        $7.64        $6.31
Market price at end of period            $11.10        $8.06       $11.10        $8.06
Market price of preferred stock at       $33.25       $25.50       $33.25       $25.50
Weighted average shares outstanding
   Basic                              2,514,972    2,500,019    2,503,647    2,485,285
   Diluted                            2,920,454    2,968,851    2,916,902    2,964,430
======================================================================================

AVERAGE BALANCE SHEET DATA

Total assets                       $351,131,021 $286,226,612 $342,429,938 $283,262,166
Earning assets                      321,869,855  259,193,740  313,583,347  256,023,672
Loans and leases                    206,236,001  177,420,427  204,910,390  174,468,558
Interest-bearing deposits           244,218,691  195,972,355  239,285,181  195,862,109
Total deposits                      316,936,547  258,855,188  310,780,542  257,994,626
Common stockholders' equity          19,944,382   15,020,942   19,187,898   14,822,693
Total stockholders' equity           21,699,964   17,078,628   20,988,803   16,931,294
======================================================================================

SELECTED RATIOS

Return on average assets (annualize        0.54%        1.10%        0.74%        0.95%
Return on average common equity (an        9.00%       19.97%       12.74%       17.13%
Return on average total equity ( an        8.68%       18.39%       12.15%       15.87%
Leverage capital ratio         (1)         7.80%        6.34%        7.80%        6.34%
Tier 1 risk-based capital ratio           11.68%        9.20%       11.68%        9.20%
Total risk-based capital ratio            12.72%       10.25%       12.72%       10.25%
Allowance for loan losses as a %
  of total loans                           1.14%        1.13%        1.14%        1.13%
=======================================================================================

PERIOD ENDING BALANCE SHEET DATA      6/30/01      6/30/00    Net Change    % Change

Total assets                       $342,550,304 $290,655,749  $51,894,555        17.85%
Earning assets                      314,864,754  261,394,994  $53,469,760        20.46%
Loans and leases, net               210,532,711  180,998,954  $29,533,757        16.32%
Interest-bearing deposits           233,194,779  195,136,541  $38,058,238        19.50%
Total deposits                      308,890,932  259,557,897  $49,333,035        19.01%
Common stockholders' equity          19,794,639   15,863,166   $3,931,473        24.78%
Total stockholders' equity           21,315,114   17,881,251   $3,433,863        19.20%
========================================================================================

(FN1) On February 21, 2001, MidSouth completed the issuance
      of $7,000,000 of Trust Preferred Securities.  For
      regulatory purposes, these funds qualify as Tier 1
      Capital.  For financial reporting purposes, these
      funds are included as a liability under generally
      accepted accounting principles.

</TABLE>

<PAGE>
<TABLE>
<CAPTION>

MIDSOUTH BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CONDITION
===================================================================================
						      June 30,        December 31,
							2001             2000 *
ASSETS                                               (unaudited)
						     ___________      ____________
<S>                                                  <C>              <C>
Cash and due from banks                              $13,326,198      $15,698,538
Federal funds sold                                     2,200,000       34,100,000
						    ____________     _____________
     Total cash and cash equivalents                  15,526,198       49,798,538

Interest bearing deposits in banks                       253,387           68,682
Securities available-for-sale, at fair
  value (cost of $75,009,058 in June 2001
  and $53,821,526 in December 2000)                   75,830,558       53,969,626
Securities held-to-maturity (estimated
  market value of $24,787,544 in June 2001
  and $24,474,077 in December 2000)                   23,609,795       23,611,057
Loans, net of allowance for loan losses of
  $2,438,303 in June 2001 and $2,276,187
  in December 2000                                   210,532,711      202,308,673
Bank premises and equipment, net                      11,462,791       11,739,575
Other real estate owned, net                             343,729          446,046
Accrued interest receivable                            2,474,792        2,365,350
Goodwill, net                                            462,529          493,071
Other assets                                           2,053,814        1,572,815
						    ____________     _____________
     Total assets                                   $342,550,304     $346,373,433
						    ============     =============
LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits:
  Non-interest bearing                               $75,696,153      $75,151,653
  Interest bearing                                   233,194,779      244,395,552
						    ____________     _____________
     Total deposits                                  308,890,932      319,547,205

Securities sold under
     repurchase agreements                             1,656,155          997,616
Accrued interest payable                               1,186,527        1,007,302
Notes payable                                          1,995,000        4,650,968
Junior subordinated deferrable interest
  debenture                                            7,000,000                -
Other liabilities                                        506,576          307,964
						    ____________     _____________
     Total liabilities                               321,235,190      326,511,055
						    ____________     _____________
Commitments and contingencies                                 -                -

Stockholders' Equity:
   Preferred Stock, no par value, $14.25
     stated value - 5,000,000 shares
     authorized, 106,700 and 130,620 issued and
     outstanding on June 30, 2001 and
     December 31, 2000, respectively                   1,520,475        1,861,335
   Common stock, $.10 par value- 5,000,000
     shares authorized, 2,591,921 and
     2,515,166 issued and outstanding on
     June 30, 2001 and December 31, 2000,
     respectively                                        259,192          251,517
   Surplus                                            11,514,483       11,147,534
   Unearned ESOP shares                                 (167,953)        (185,127)
   Unrealized gains on securities
     available-for-sale, net of deferred
     taxes of $291,200 in June 2001
     and $62,900 in December                             530,300           85,200
   Retained earnings                                   7,658,617        6,701,919
						    ____________     _____________
     Total stockholders' equity                       21,315,114       19,862,378
						    ____________     _____________
Total liabilities and stockholders' equity          $342,550,304     $346,373,433
						    ============     =============


* The consolidated statement of condition at December 31, 2000
  is taken from the audited balance sheet on that date.
  See notes to unaudited consolidated financial statements.

</TABLE>


<PAGE>
<TABLE>
<CAPTION>

MIDSOUTH BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME


					Three Months Ended                Six Months Ended
					   June 30,                          June 30,
				     2001             2000             2001             2000
				  ____________________________     ____________________________
<S>                                <C>              <C>            <C>              <C>
INTEREST INCOME:
Loans, including fees              $5,310,285       $4,654,319     $10,587,452      $9,047,119
Securities
     Taxable                        1,060,091          910,005      1,928,931        1,768,858
     Nontaxable                       379,155          305,964        735,555          594,098
Federal funds sold                    172,796           15,048        438,569           67,286
				   __________       __________    ___________      ___________
TOTAL                               6,922,327        5,885,336     13,690,507       11,477,361
				   __________       __________    ___________      ___________
INTEREST EXPENSE:
Deposits                            2,595,423        2,088,645      5,312,070        4,110,632
Securities sold under
  repurchase agreements,
  federal funds purchased
  and advances                         21,750           83,893         32,518          107,991
Notes Payable                         225,495           81,181        383,077          154,394
				   __________       __________    ___________      ___________
TOTAL                               2,842,668        2,253,719      5,727,665        4,373,017
				   __________       __________    ___________      ___________
NET INTEREST INCOME                 4,079,659        3,631,617      7,962,842        7,104,344

PROVISION FOR LOAN LOSSES           1,034,244          177,391      1,357,344          394,353
NET INTEREST INCOME AFTER
				   __________       __________    ___________      ___________
  PROVISION FOR LOAN LOSSES         3,045,415        3,454,226      6,605,498        6,709,991
				   __________       __________    ___________      ___________
OTHER OPERATING INCOME:
Service charges on deposits           846,841          832,610      1,639,803        1,573,495
Gains on securities, net               46,491               -          46,491            1,770
Credit life insurance                  68,237           68,435        134,855          125,729
Other charges and fees                404,908          256,749        728,544          494,070
                                   __________       __________    ___________      ___________
TOTAL OTHER INCOME                  1,366,477        1,157,794      2,549,693        2,195,064
				   __________       __________    ___________      ___________
OTHER EXPENSES:
Salaries and employee benefits      1,778,554        1,670,078      3,540,030        3,324,315
Occupancy expense                     845,139          790,133      1,674,897        1,570,665
Other                               1,198,162        1,050,700      2,310,796        2,204,722
				   __________       __________    ___________      ___________
TOTAL OTHER EXPENSES                3,821,855        3,510,911      7,525,723        7,099,702
				   __________       __________    ___________      ___________
INCOME BEFORE INCOME TAXES            590,037        1,101,109      1,629,468        1,805,353
PROVISION FOR INCOME TAXES            120,200          309,550        364,454          465,526
				   __________       __________    ___________      ___________
NET INCOME                           $469,837         $791,559     $1,265,014       $1,339,827
PREFERRED DIVIDEND REQUIREMENT         22,458           35,405         52,751           73,464
INCOME AVAILABLE TO COMMON
				   __________       __________    ___________      ___________
   SHAREHOLDERS                      $447,379         $756,154      1,212,263       $1,266,363

BASIC EARNINGS PER COMMON SHARE         $0.18            $0.30          $0.48            $0.51
				   ==========       ==========    ===========      ===========
DILUTED EARNINGS PER COMMON SHARE       $0.16            $0.27          $0.43            $0.45

				   ==========       ==========    ===========      ============

*   See notes to consolidated financial statements.

					       5
</TABLE>

<PAGE>
<TABLE>
<CAPTION>

MIDSOUTH BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
FOR SIX MONTHS ENDED JUNE 30, 2001 (UNAUDITED)
===================================================================================================================================

												  UNREALIZED
												  (GAINS)
												  LOSSES ON
												  SECURITIES
			PREFERRED STOCK          COMMON STOCK                            ESOP     AVAILABLE-   RETAINED
			SHARES      AMOUNT      SHARES      AMOUNT       SURPLUS      OBLIGATION  FOR-SALE     EARNINGS     TOTAL
		      _______________________   ____________________   ____________  __________________________________ _________
<S>                   <C>        <C>            <C>         <C>        <C>          <C>         <C>         <C>         <C>
BALANCE,
   JANUARY 1, 2001     130,620   $1,861,335     2,515,166   $251,517   $11,147,534  ($185,127)  $85,200     $6,701,919  $19,862,378

Issuance of
 common stock                                       5,062        506        33,258                                           33,764
Dividends on
  common stock                                                                                                (255,565)    (255,565)
Dividends on
  preferred stock                                                                                              (52,751)     (52,751)
Conversion of
 preferred stock       (23,920)   ($340,860)       71,693      7,169       333,691                           1,265,014    1,265,014
Increase in ESOP
 obligation,net
 of repayments                                                                         17,174                                17,174
Net change in
 unrealized gain/loss
 available-for-sale,
 net of tax                                                                                     445,100                     445,100
                      ________   __________     _________   ________   ___________  __________ ________    ____________  ___________

BALANCE,
  JUNE 30, 2001        106,700   $1,520,475     2,591,921   $259,192   $11,514,483  ($167,953) $530,300     $7,658,617   $21,315,114
		      ========   ==========     =========   ========   ============ ========== ========    ============  ===========

See notes to consolidated financial statements.


</TABLE>

<PAGE>

MIDSOUTH BANCORP, INC. AND SUBSIDIARIES
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS


1.  STATEMENT BY MANAGEMENT CONCERNING THE REVIEW OF UNAUDITED
     FINANCIAL INFORMATION

      The accompanying unaudited consolidated financial statements and
      notes thereto contain all adjustments, consisting only of normal
      recurring adjustments, necessary to present fairly the financial
      position of MidSouth Bancorp, Inc. ("MidSouth") and its
      subsidiaries as of June 30, 2001 and the results of their
      operations and their cash flows for the periods presented.  The
      consolidated financial statements should be read in conjunction
      with the annual consolidated financial statements and the notes
      thereto included in MidSouth's 2000 annual consolidated report
      and Form 10-KSB. The results of operations for the six months
      period ended June 30, 2001 are not necessarily indicative of
      the results to be expected for the entire year.

2.  ALLOWANCE FOR LOAN AND LOSSES

<TABLE>
<CAPTION>

      An analysis of the activity in the allowance for loan losses is
      as follows:

						     Six Months Ended
							  June 30,
						    2001           2000
						  __________      __________
       <S>                                        <C>             <C>

       Balance at beginning of period             $2,276,187      $1,967,326
	 Provision for loan losses                 1,357,344         394,353
	 Recoveries                                   42,414          76,871
	 Loans charged off                        (1,237,642)       (370,368)
						  ___________     ___________
       Balance at end of period                   $2,438,303      $2,068,182
						  ===========     ===========

</TABLE>

3.  COMPREHENSIVE INCOME

     Comprehensive income includes net income and other comprehensive
     income (losses) which, in the case of MidSouth, only includes
     unrealized gains and losses on securities available-for-sale.

<TABLE>
<CAPTION>

     Following is a summary of MidSouth's comprehensive income for the six months ended June 30,
     2001 and 2000.

						       2001           2000
						 __________      __________
	   <S>                                   <C>             <C>

	   Net income                            $1,265,014      $1,339,827
	   Other comprehensive income
	      Unrealized gains on securities
               available-for-sale, net:
	      Unrealized holding gains arising
	       during the period                    475,319          53,431
	      Less reclassification adjustment
	       for gains included in net income     (30,219)         (1.151)
						  __________      __________
	       Total other comprehensive income     445,100          52,280

	   Total comprehensive income            $1,710,114      $1,392,107
						 ===========     ===========
</TABLE>

4.  DERIVATIVE INSTRUMENTS

     Effective January 1, 2001, MidSouth adopted SFAS No. 133.
     The Statement was issued in June 1998 and requires MidSouth
     to recognize all derivatives as either assets or liabilities
     in MidSouth's balance sheet and measure those instruments at
     fair value.  If certain conditions are met, a derivative may
     be specially designated as a hedge.  The accounting for changes
     in the fair value of a derivative depends on the intended use
     of the derivative and the resulting designation.

     MidSouth is not currently engaged in any significant activities
     with derivatives; therefore, management believes that the impact
     of the adoption of this Statement is not significant.


5.  JUNIOR SUBORDINATED DEFERRABLE INTEREST DEBENTURE

     On February 22, 2001 MidSouth issued a $7,000,000 Junior
     Subordinated Deferrable Interest Debenture.  This debenture
     bears interest at 10.20% and is due in 2031.

6.  PREFERRED STOCK

    In May 2001, MidSouth called its convertible preferred stock for
    redemption on August 1, 2001.

<PAGE>
<TABLE>
<CAPTION>


MIDSOUTH BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
FOR THE SIX MONTHS ENDED JUNE 30, 2001 and 2000
_________________________________________________________________________________________

							June 30,2001       June 30, 2000
                                                        ____________       ______________
<S>                                                      <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income                                                $1,265,014          $1,339,827
Adjustments to reconcile net income
  to net cash provided by operating activities:
    Depreciation and amortization                            677,731             671,201
    Provision for loan losses                              1,357,344             394,353
    Provision for deferred income taxes                       10,778               4,548
    Discount accretion, net                                   43,638              45,370
    Net gain on sale of securities                           (46,491)             (1,770)
    Gain on sale of premises and equipment                    (2,700)             (5,338)
    Loss on sale of other real estate owned                   11,542                   -
    Write-down of other real estate owned                     22,787              93,000
    Change in accrued interest receivable                   (109,442)           (260,455)
    Change in accrued interest payable                       179,225             (38,118)
    Other, net                                              (521,465)             49,046
						       _____________       _____________
NET CASH PROVIDED BY OPERATING ACTIVITIES                  2,887,961           2,291,664
						       _____________       _____________

CASH FLOWS FROM INVESTING ACTIVITIES:
  Net (increase) decrease in interest-bearing
    deposits in banks                                       (184,705)            227,505
  Proceeds from sales of securities available-for-sale     1,647,500           1,027,765
  Proceeds from maturities and calls of securities
    available-for-sale                                    12,464,181           6,463,539
  Purchases of securities available-for-sale             (35,295,098)         (6,642,548)
  Purchases of securities held-to-maturity                         -          (2,031,305)
  Loan originations, net of repayments                    (9,631,486)        (13,066,444)
  Purchases of premises and equipment                       (370,405)         (1,330,481)
  Proceeds from sales of premises and equipment                2,700               6,250
  Proceeds from sales of other real estate owned             135,266              76,612
						       _____________       _____________
NET CASH USED IN INVESTING ACTIVITIES                    (31,232,047)        (15,269,107)
						       _____________       _____________

CASH FLOWS FROM FINANCING ACTIVITIES:
  Net (decrease) increase in deposits                    (10,656,273)         $7,867,691
  Net (decrease) increase in securities sold under
    repurchase agreements and federal funds purchased        658,539           4,867,870
  Issuance of notes payable                                   20,000             415,000
  Repayments of notes payable                             (2,675,968)           (308,649)
  Proceeds from issuance of common stock                      33,764                   -
  Payment of dividends                                      (308,316)           (323,390)
  Issuance of junior subordinated debentures               7,000,000                   -
						       _____________       _____________
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES       (5,928,254)         12,518,522
						       _____________       _____________

NET DECREASE IN CASH & CASH EQUIVALENTS                  (34,272,340)           (458,921)

CASH & CASH EQUIVALENTS AT BEGINNING OF PERIOD            49,798,538          14,487,690
						       _____________       _____________

CASH & CASH EQUIVALENTS AT END OF PERIOD                 $15,526,198         $14,028,769
						       =============       =============


    See notes to unaudited consolidated financial statements.


</TABLE>

<PAGE>

	   MANAGEMENT'S DISCUSSION AND ANALYSIS

This review should be read in conjunction with MidSouth Bancorp
Inc.'s ("MidSouth") consolidated financial statements and
accompanying notes contained herein, as well as with  MidSouth's
2000 annual consolidated financial statements, the notes thereto and the
related Management's Discussion and Analysis.

MidSouth Bancorp, Inc. recorded net income of $469,837 for the
second quarter of 2001, a 41% decrease from net income of $791,559
reported for the second quarter of 2000.  The decrease resulted
primarily from an increase in loss loan provisions of $856,853 over last
year's second quarter, including $700,000 for the default and charge-
off of one commercial loan. MidSouth announced in a news release on
June 21, 2001 the anticipated net after tax effect on earnings of
$500,000 resulting from the default on the loan.  Income available to
common shareholders totaled $447,379 for the second quarter of 2001,
compared to $756,154 for the second quarter of 2000.  Basic earnings
per share were $.18 and $.30 for the quarters ended June 30, 2001 and
2000, respectively.  Diluted earnings per share were $.16 for the second
quarter of 2001 compared to $.27 for the second quarter of 2000.

Net income for the six months ended June 30, 2001 totaled $1,265,014
compared to $1,339,827 for the six months ended June 30, 2000.  The
loan loss provision increased $962,991 over the six months ended June
30, 2001.  Basic earnings per share were $.48 and $.51 for the two six
month periods, respectively.  Diluted earnings per share were $.43 for
the six months ended June 30, 2001 compared to $.45 for the six
months ended June 30, 2000.

Despite decreased earnings due to increased loan loss provisions,
MidSouth's net interest income continued to improve in quarterly and
year-to-date comparisons primarily due to a higher volume of earning
assets.  Net interest income increased 12%, or $448,042 in quarterly
comparison and $858,498 in year-to-date comparison.  Improvement
was also noted in non-interest income from service charges on deposit
accounts for the three and six month periods ending June 30, 2001.
Non-interest expense, primarily salaries and benefits and occupancy
expenses, increased 9% or $310,944, in quarterly comparison and 6%,
or $426,021 in year-to-date comparison.

Total end-of-period consolidated assets increased 18%, or $51.9
million, from $290.7 million at June 30, 2000 to $342.6 million at June
30, 2001.  Interest-bearing deposits increased $38.0 million and total
deposits increased $49.3 million, from $259.6 million at June 30, 2000
to $308.9 million at June 30, 2001.

Loans, net of Allowance for Loan Losses ("ALL"), increased $29.5
million or 16%, from $181.0 million in the second quarter of 2000 to
$210.5 million in the second quarter of 2001.  Provisions for loan and
lease losses totaled $1,034,244 in the second quarter of 2001 compared
to $177,391 in the second quarter of 2000, and $1,357,344 in the first
six months of 2001 compared to $394,353 in the comparable 2000
period.


<PAGE>

Nonperforming loans as a percentage of total loans increased from
 .08% at June 30, 2000 to .20% at June 30, 2001.  Loans past due ninety
days and over increased, from $491,871 at June 30, 2000 to $854,216
at June 30, 2001.  Other real estate owned decreased $118,507 for the
same period.  The ALL represented 339% of nonperforming assets as
of June 30, 2000 compared to 315% as of June 30, 2001.

MidSouth's leverage ratio was 7.80% at June 30, 2001, up from 6.34%
at June 30, 2000.  During the first quarter of 2001, MidSouth
completed the issuance of $7,000,000 of Trust Preferred Securities.
For regulatory purposes, these funds qualify as Tier 1 Capital.  For
financial reporting purposes, these funds are included as a liability
under generally accepted accounting principles.  Return on average
common equity for the quarter was 9.00% and return on average assets
was .54%.

EARNINGS ANALYSIS
Net Interest Income

Average earning assets increased 24%, or $62.7 million, from $259.2
million for the three months ended June 30, 2000 to $321.9 million for
the three months ended June 30, 2001.  The mix of earning assets
shifted from 68% of average earning assets in loans for the second
quarter of 2000 down to 64% in the second quarter of 2001.  The
average yield on loans decreased 8 basis points, from 10.41% to
10.33% for the three months ended June 30, 2001.

Decreases in the prime lending rate and market competition for quality
credits lowered commercial and real estate loan yields by 32 basis
points in quarterly comparison.  The average volume of the commercial
and real estate portfolio grew 19% or $26 million in quarterly
comparison, from $138.2 million for the quarter ending June 30, 2000
to $164.2 million for the quarter ending June 30, 2001.  Consumer loan
yields increased 85 basis points primarily due to  growth in the
insurance premium financing portfolio acquired with the purchase of
TMC Financial Services, Inc. ("TMC") on May 15,1999.  For the
quarter ending June 30, 2001, TMC's portfolio averaged $4.4 million
with an average yield of approximately 25%.  Also included in
calculating consumer loan yields, the Finance Company's portfolio
averaged $2.3 million in consumer finance loans yielding an average of
25% for the second quarter of 2001.

Investment volume increased significantly by $18.4 million, from
$82.1 million at June 30, 2000 to $100.5 million at June 30, 2001.  In
addition, the volume of federal funds sold increased $14 million in
quarterly comparison.  The average taxable-equivalent yield on
investments decreased 11 basis points, from 6.52% at June 30, 2000 to
6.41% at June 30, 2001.  The change in the mix of earning assets
combined with lower yields decreased the taxable-equivalent yield on
quarterly average earning assets 33 basis points, from 9.16% for the
second quarter of 2000 to 8.83% for the second quarter of 2001.

Average interest-bearing deposits increased $48.2 million in quarterly
comparison, from $196.0 million for the quarter ending June 30, 2000
to $244.2 million for the quarter ending June 30, 2001.  The growth



<PAGE>

was evenly distributed between money market deposits and certificates
of deposit.  The rate paid on interest-bearing deposits increased 3 basis
points for the same period, from 4.23% to 4.26.  Included in interest-
bearing liabilities for the quarter ending June 30, 2001 is $7,000,000 in
trust preferred securities issued in February 2001. The interest rate on
the trust preferred securities is 10.20% with interest payable semi-
annually.  A portion of the proceeds from the issuance of the trust
preferred securities was used to pay off MidSouth's $2.5 million line of
credit with the Bankers Bank of Georgia.  The average rate paid on
total interest-bearing liabilities increased 11 basis points, from 4.36%
for the quarter ended June 30, 2000 to 4.47% for the quarter ended June
30, 2001.

The net effect of changes in the volume, mix of average earning assets
and interest-bearing liabilities increased net interest income $448,042
in quarterly comparison.  The increased net interest income was
significant in spite of a 44 basis point decrease in the net taxable-
equivalent yield on average earning assets, from 5.73% for the quarter
ended June 30, 2000 to 5.29% for the quarter ended June 30, 2001.  A
review of the changes in the volume and yields of average earning
assets and interest-bearing liabilities between the two six month periods
ended June 30, 2000 and 2001 reflected results similar to the quarterly
comparison.  The net taxable-equivalent yield on average earning assets
for the six months ended June 30, 2001 decreased 41 basis points from
5.74% at June 30, 2000 to 5.33% at June 30, 2001.  Volume increases
in earning assets resulted in an increase to net interest income of
$858,498 between the two six month periods reviewed.

Non-interest Income

MidSouth's primary source of non-interest income, service charges on
deposit accounts, increased $14,231 for the three months and $66,308
for the six months ended June 30, 2001 as compared to the same
periods for 2000.  The increases resulted primarily from an increase
insufficient funds fees.

Other non-interest income, net of gains on sales of investment
securities, increased $148,159 in quarterly comparison and $234,474 in
year-to-date comparison.  A mortgage origination program with a third
party processor contributed $64,767 to the increase for the quarter and
$101,113 for the six months ended June 30, 2001. VISA merchant,
debit card and ATM fee income increased in 2001, however, expenses
associated with these programs have also increased, offsetting the
income.

Non-interest Expense

Non-interest expense increased  $310,944 for the three months and
$426,021 for the six months ended June 30, 2001 compared to the three
and six months ended June 30, 2000.   Increases were recorded
primarily in the categories of salaries and employee benefits,
occupancy expense and marketing expense.



<PAGE>

Salaries and employee benefits increased primarily due to additional
staff and an increase in the cost of group health insurance.  The number
of full-time equivalent ("FTE") employees increased by 14, from 183 in
June 2000 to 197 in June 2001.  The increase results primarily from
staffing a third New Iberia office and from new hires to develop the
Calcasieu market.

Occupancy expense increased in the three and six month periods ended
June 30, 2001 compared to the same period of 2000 due to increases in
depreciation of computer hardware and software, maintenance
expenses and property taxes.

Marketing expenses increased $79,295 for the three months and
$89,479 for the six months ended June 30, 2000 compared to the three
and six months ended June 30, 2001.  The increase resulted primarily
from an advertising campaign focused on building customer
relationships.

BALANCE SHEET ANALYSIS

MidSouth ended the second quarter of 2001 with consolidated assets of
$342,550,304, a decrease of  $3.8 million from the $346,373,433
reported for December 31, 2000.  Deposits decreased over the six
months ended June 30, 2001 by $10.7 million, from $319,547,205 at
December 31, 2000 to $308,890,932 due primarily to the withdrawal of
a significant short-term deposit of approximately $24.6 million in
January 2001.

Loans experienced growth of $8.4 million in the first six months of
2001, primarily during the second quarter, with the majority of the
increase in commercial and real estate loans.  Securities available-for-
sale increased significantly by $21.8 milllion, from $54.0 million at
December 31, 2000 to $75.8 million at June 30, 2001.  The increase
reflects purchases of $35.3 million offset by sales, maturities and
principal paydowns of $14.1 million. Net unrealized gains in the
securities available-for-sale portfolio, net of tax effect, were $530,300
at June 30, 2001, compared to a net unrealized gain of $85,200 at
December 31, 2000.  These amounts result from interest rate
fluctuations and do not represent permanent adjustment of value.
Moreover, classification of securities as available-for-sale does not
necessarily indicate that the securities will be sold prior to maturity.

Capital

As of June 30, 2001, MidSouth's leverage ratio was 7.80% as compared
to 6.05% at December 31, 2000.  Tier 1 capital to risk-weighted assets
was 11.68% and total capital to risk-weighted assets was 12.72% at the
end of the second quarter of 2001.  At year-end 2000, Tier 1 capital to
risk-weighted assets was 8.54% and total capital to risk-weighted assets
was 9.55%.  The increase in capital ratios results from the issuance of
$7 million in Trust Preferred Securities during the first quarter of 2001.
For regulatory purposes, these funds qualify as Tier 1 capital.  For
financial reporting purposes, these funds are included as a liability
under generally accepted accounting principles.



<PAGE>
<TABLE>
<CAPTION>

Nonperforming Assets and Past Due Loans

Table 1 summarizes MidSouth's nonaccrual, past due and restructured
loans and nonperforming assets.


		      Nonperforming Assets and
		      Loans Past Due 90 Days

=================================================================
				 June      December     June
				  30         31,         30
				 2001       2000        2000
=================================================================
<S>                            <C>         <C>         <C>
Nonperforming loan             $431,570    $159,726    $147,145


Other real estate
  owned, net                    343,729     446,046     462,236

Other assets repossessed              -           -           -
			       __________________________________

Total nonperforming assets     $775,299    $605,772    $609,381
			       ==================================

Loans past due 90 days
  or more and still accruing   $854,216    $967,721    $491,871


Nonperforming loans as a
  % of total loans                 .20%       0.08%       0.08%


Nonperforming assets as a
  % of total loans, other
  real estate owned and
  other assets Repossessed        0.36%       0.30%       0.33%


ALL as a % of
  nonperforming assets          314.50%     375.75%     339.39%

</TABLE>



<PAGE>


Nonperforming assets were $431,570 as of June 30, 2001 an increase of
$271,844 from the $159,726 reported for December 31, 2000 and an
increase of $284,425 from the $147,145 reported for June 30, 2000.
Loans past due 90 days or more increased from $491,871 in June 2000
to $967,721 in December 2000 and decreased to $854,216 as of June
30, 2001.  Of the $854,216 in loans past due 90 days or more, $92,012
were funded by the Finance Company and $58,515 represent past due
insurance premium financing loans at TMC.

Specific reserves have been established in the ALL to cover probable
losses on nonperforming assets.  The ALL is analyzed quarterly and
additional reserves, if needed, are allocated at that time.  Management
believes that the $2,438,303 in the allowance as of June 30, 2001 is
sufficient to cover probable losses in nonperforming assets and in the
loan portfolio.  Loans classified for regulatory purposes but not
included in Table 1 do not represent material credits about which
management has serious doubts as to the ability of the borrower to
comply with loan repayment terms.



<PAGE>

                                                       Page 15


Item 4.  Submission of Matters to a Vote of Security Holders


At the annual meeting of shareholders of MidSouth Bancorp, Inc. held
May 8, 2001 at 4:00 p.m., the Class II Directors were elected.

The following provides information as to the votes:

Election of Directors           For             Withheld

Will G. Charbonnet              1,944,488       5,258

Clayton Paul Hilliard           1,942,915       6,831



<PAGE>


Item 6.  Exhibits and Reports on Form 8-K              Page 16

(a) Exhibits

Exihibit Number         Document Description
_______________         ____________________

3.1                    Amended and Restated Articles of
		       Incorporation of MidSouth Bancorp,
		       Inc. is included as Exhibit 3.1 to the
		       MidSouth's Report on Form 10-K for the year
		       ended December 31, 1993, and is incorporated
		       herein by reference.

3.2                    Articles of Amendment to Amended and
		       Restated Articles of Incorporation dated
		       July 19, 1995 are included as Exhibit 4.2 to
		       MidSouth's Registration Statement on Form
		       S-8 filed September 20, 1995 and is
		       incorporated herein by reference.

3.3                    Amended and Restated By-laws adopted by
		       the Board of Directors on April 12, 1995
		       are included as Exhibit 3.2 to Amendment
		       No. 1 to MidSouth's Registration Statement
		       on Form S-4 (Reg. No. 33-58499)
		       filed on June 1, 1995.

10.1                   MidSouth National Bank Lease Agreement
		       with Southwest Bank Building
		       Limited Partnership is included as Exhibit
10.7                   to the Company's annual report on Form 10-K
		       for the Year Ended December 31, 1992, and is
		       incorporated herein by reference.

10.2                   First Amendment to Lease between MBL
		       Life Assurance Corporation,
		       successor in interest to Southwest Bank
		       Building Limited Partnership in
		       Commendam, and MidSouth National Bank
		       is included as Exhibit 10.1 to
		       Report on the Company's annual report on
		       Form 10-KSB for the year ended December 31,
		       1994, and is incorporated herein by reference.

10.3                   Amended and Restated Deferred
		       Compensation Plan and Trust is included
		       as Exhibit 10.3 to the Company's annual
		       report on Form 10-K for the year
		       ended December 31, 1992 and is
		       incorporated herein by reference.

10.4                   Employment Agreements with C. R.
		       Cloutier and Karen L. Hail are
		       included as Exhibit 5(c) to MidSouth's
		       Form 1-A and are incorporated herein
		       by reference.

10.6                   MidSouth Bancorp, Inc.'s 1997 Stock Incentive
		       Planis included as Exhibit 4.5 to MidSouth's
		       definitive Proxy Statement filed April 11, 1997,
		       and is incorporated herein by reference.



<PAGE>

                                                       Page 17


10.7                   The MidSouth Bancorp, Inc. Dividend Reinvestment
		       and Stock Purchase Plan is included as Exhibit
		       4.6 to MidSouth Bancorp, Inc.'s Form S-3D filed
		       on July 25, 1997 and is incorporated herein by
		       reference.

10.8                   Loan Agreements and Master Notes for lines
		       of credit established for MidSouth Bancorp, Inc.
		       and Financial Services of the South, Inc. are included
		       as Exhibit 10.7 of MidSouth's Form 10-QSB filed
		       on August 14, 1997 and is incorporated herein
		       by reference.

10.9                   Modification Agreement to the Loan
		       Agreement and Master Note for the Line of
		       Credit established for MidSouth Bancorp, Inc.
		       is included as Exhibit 10.9 of MidSouth's
		       Form 10-QSB filed on August 13, 1999 and is
		       incorporated herein by reference.

11                     Computation of earnings per share


     (b)  Reports Filed on Form 8-K
				 (none)

Signatures

In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.


				  MidSouth Bancorp, Inc.
				  (Registrant)

Date:  August 14, 2001
       ________________
				  /s/ C. R. Cloutier
				  _______________________________
				  C. R. Cloutier, President & CEO

				  /s/ Karen L. Hail
				  ______________________________
				  Karen L. Hail,
				  Executive Vice President & CFO

				  /s/ Teri S. Stelly
				  _______________________________
				  Teri S. Stelly,
				  Senior Vice President & Controller