New York, August 26, 2013 -- Moody's Investors Service placed the long-term ratings of BancorpSouth, Inc. (issuer at Baa2) and its bank subsidiary, BancorpSouth Bank on review for downgrade. BancorpSouth Bank has a standalone bank financial strength rating of C-, which maps to a baseline credit assessment of baa1. The bank's long-term deposit rating is Baa1. The Prime-2 short-term ratings of BancorpSouth Bank were affirmed and are not on review.
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