America's Banks
Jump to Content

Mississippi: Banks’ Economic Impact

Banks support Mississippi's economy with consumer, business and other loans, and by providing more than 16,000 people with a rewarding place to work.

Find State-by-State Data #
Mississippi map icon
Jobs

Jobs

  • 16,817Employees

  • $1.3 BTotal Annual Compensation & Benefits

  • $78,921Average Total Compensation & Benefits

  • 61Banks Headquartered in State

Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $4.3 BNew Home Loans Booked in 2023

  • 17,255Number of New Home Loans in 2023

  • $225,000Median New Home Loan Size in 2023

  • $5.7 BSmall Business Loans

  • 163.3 KNumber of Small Business Loans

  • $34,868Average Small Business Loan

  • $495.5 MSmall Farm Loans

  • 9,259Number of Small Farm Loans

  • $53,520Average Small Farm Loan

Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis

Customers

Customers

  • $76.6 BDeposits

  • 88Banks Operating Branches

  • 1,102Branches & Offices

  • 425Branches Offering Low Fee Bank On-certified Accounts

Making a Difference for Minority and Women-Owned Small Businesses

Hancock Whitney's Community Reinvestment Act division, Hancock Whitney Small Business Matters, serves as a comprehensive, company-wide entrepreneurship and small business outreach program to educate and create opportunities for pre-existing business owners and their teams, with an emphasis on minority and women-owned businesses.

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

Submit your bank's story

Submit your story