BancPlus completed the acquisition of First Trust for $202m.

BancPlus, the parent company of BankPlus, completed the acquisition of First Trust, the parent company of First Bank and Trust, for $202m. “We are excited to welcome First Bank and Trust’s clients, shareholders and team members to the BankPlus family. First Bank and Trust has built a strong foundation in the New Orleans market that we look forward to expanding. Together, we will continue their tradition of service coupled with our commitment to positively impact the customers, employees and communities as these two banks become one," William A. Ray, BankPlus President and CEO.