BancPlus Corporation Acquires First Trust Corporation (First Bank and Trust)

March 1, 2022

BancPlus Corporation completed its acquisition of First Trust Corporation, the parent company of First Bank and Trust, with First Bank and Trust merged into BankPlus effective March 1, 2022. The deal expands BankPlus’s presence in Louisiana—notably New Orleans—creating the seventh-largest bank by deposit market share in that market and resulting in a combined company with approximately $6.4 billion in assets, $5.7 billion in deposits and $4.5 billion in gross loans.

Buyers
BancPlus Corporation
Targets
First Trust Corporation (parent of First Bank and Trust)
Location
Louisiana, United States
Transaction Type
Buyout

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