EXHIBIT 21
SUBSIDIARIES OF THE REGISTRANT
Jurisdiction Holder of
Name of Incorporation/Organization Outstanding Stock
BancorpSouth Bank Mississippi BancorpSouth, Inc.
Personal Finance Corporation Tennessee BancorpSouth Bank
Century Credit Life Insurance
Company Mississippi BancorpSouth Bank
BancorpSouth Insurance Services, Inc. Mississippi BancorpSouth Bank
BancorpSouth Investment Services, Inc. Mississippi BancorpSouth Bank
BancorpSouth Municipal Development Arkansas BancorpSouth Bank
Corporation
BancorpSouth Bank Securities Corporation Mississippi BancorpSouth Bank
BancorpSouth Capital Trust I Delaware BancorpSouth, Inc.
Business Holding Company Trust I Delaware BancorpSouth, Inc.
American State Capital Trust I Delaware BancorpSouth, Inc.
Signature Bancshares Preferred Trust I Delaware BancorpSouth, Inc.
City Bancorp Preferred Trust I Delaware BancorpSouth, Inc.
Gumtree Wholesale Insurance Brokers, Inc. Mississippi BancorpSouth, Inc.