2011-09-01
The Louisiana Office of Financial Institutions issued its September 2011 Monthly Bulletin to report on recent regulatory actions regarding banks, thrifts, and credit unions. The document details approved mergers, including Citizens National Bank acquiring Citizens Bank & Trust, and First NBC Bank's application to purchase Central Progressive Bank. It also lists numerous operational changes such as new branch openings, relocations, consolidations, and subsidiary acquisitions by institutions like IBERIABANK and Crescent Bank & Trust.
MONTHLY BULLETIN - September 2011 Page 1 of 3 STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA MONTHLY BULLETIN September 2011 BANK HOLDING COMPANIES No Activity BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Approved September 26, 2011 Proposed Merger of Citizens Bank & Trust Company, Springhill, Webster Parish, LA, with and into Citizens National Bank, N.A., Bossier City, Bossier Parish, LA, under the Charter of and with the Title: Citizens National Bank, N.A., domiciled in Bossier City, Bossier Parish, LA, and to establish the existing offices of Citizens Bank & Trust Company as branches of Citizens National Bank, N.A. Filed September 30, 2011 Application by First NBC Bank, New Orleans, Orleans Parish, Louisiana, for consent to purchase substantially all of the assets and assume substantially all of the liabilities to pay deposits in the main office and 16 branch offices of Central Progressive Bank, Lacombe, St. Tammany Parish, Louisiana. BRANCHES Effective May 10, 2011 IBERIABANK, Lafayette, Lafayette Parish, LA, opened its VESTAVIA BRANCH located at 613 Montgomery Highway, Vestavia Hills, Jefferson County, AL, 35216. Effective August 31, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its MONROE OFFICE located at 1816 Glenmar Avenue, Suite 2, Monroe, Ouachita Parish, LA, 71201. [Originally filed as Monroe Branch.] Approved September 6, 2011 WELSH OFFICE proposed by The Bank, Jennings, Jefferson Davis Parish, LA, to be located at 113 West Russell Street, Welsh, Jefferson Davis Parish, LA, 70591. Effective September 8, 2011 Synergy Bank, Houma, Terrebonne Parish, LA, opened its THIBODAUX OFFICE located at 209 East Bayou Road, Thibodaux, Lafourche Parish, LA, 70301.
MONTHLY BULLETIN - September 2011 Page 2 of 3 Approved September 13, 2011 HOOVER BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 2765 John Hawkins Parkway, Hoover, Jefferson County, AL, 35244. Filed September 23, 2011 WINNSBORO BRANCH proposed by Sicily Island State Bank, Sicily Island, Catahoula Parish, LA, to be located at 6800 Kinloch Street, Winnsboro, Franklin Parish, LA, 71295. Approved September 27, 2011; Filed September 6, 2011 GREENSBURG BRANCH proposed by Landmark Bank, Clinton, East Feliciana Parish, LA, to be located at 1 West Courthouse Square, Greensburg, St. Helena Parish, LA, 70441. CHANGES OF LOCATION/CONSOLIDATIONS Effective June 30, 2011 IBERIABANK, Lafayette, Lafayette Parish, LA, consolidated its ALBERTSON’S STORE #2798 BRANCH located at 2750 Country Club within Albertson’s Store #2798 with the COUNTRY CLUB BRANCH located at 2800 Country Club Road, both locations within Lake Charles, Calcasieu Parish, Louisiana, 70605. [Originally filed as branches of Cameron State Bank, Lake Charles, LA, prior to merger with IBERIABANK.] Effective June 30, 2011 IBERIABANK, Lafayette, Lafayette Parish, LA, consolidated its WALMART #1204 BRANCH located at 3451 Nelson Road within WalMart Store #1204 with the NELSON ROAD BRANCH (former Main Office of Cameron State Bank, Lake Charles, LA) located at 4440 Nelson Road, both locations within Lake Charles, Calcasieu Parish, LA, 70605. [Originally filed as branches of Cameron State Bank, Lake Charles, LA, prior to merger with IBERIABANK.] Effective September 12, 2011 IBERIABANK, Lafayette, Lafayette Parish, LA, relocated its DOWNTOWN JONESBORO DRIVE THRU BRANCH from 209 West Washington to 420 South Main Street (a distance of 0.12 miles), both locations within Jonesboro, Craighead County, AR, 72401. Effective September 27, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, relocated its LAFAYETTE BRANCH from 100 Asma Boulevard, Suite 158-W to 100 Asma Boulevard, Suite 140-E (a distance of approximately 50 yards), both locations within Lafayette, Lafayette Parish, LA, 70508. LOAN or TRUST PRODUCTION OFFICES Effective August 8, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, relocated its CRESCENT BANK & TRUST ORLANDO LOAN PRODUCTION OFFICE from 5950 Hazeltine National Drive, Suite 635 to 5950 Hazeltine National Drive, Suite 265, both located within Orlando, Orange County, FL, 32822.
MONTHLY BULLETIN - September 2011 Page 3 of 3 Effective August 10, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST DENVER LOAN PRODUCTION OFFICE located at 1880 Office Club Pointe, Suite 1480, Colorado Springs, El Paso County, CO, 80920. Filed/Approved September 6, 2011 Patterson State Bank, Patterson, St. Mary Parish, LA, proposes to close its PATTERSON STATE BANK LOAN PRODUCTION OFFICE located at 700 Canal Boulevard, Thibodaux, Lafourche Parish, LA, 70301. Approved September 16, 2011 GULF COAST BUSINESS CREDIT MINNESOTA LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 5354 Parkdale Drive, Suite 100, St. Louis Park, Hennepin County, MN, 55416. Filed/Approved September 30, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its CRESCENT BANK & TRUST HOUSTON LOAN PRODUCTION OFFICE from 5501 Louetta Street, Suite C [77379] to 17350 SH 249, Suite 250 [77064], both located in Houston, Harris County, TX. SUBSIDIARIES Effective July 26, 2011 Community Trust Bank, Choudrant, Lincoln Parish, LA, acquired a subsidiary, CIMARRON MORTGAGE COMPANY, located at 6311 Ridgewood Road, Suite 400W, Jackson, Hinds County, MS, 39211. Approved September 27, 2011 Community Bank of Louisiana, Mansfield, DeSoto Parish, LA, proposes to establish a subsidiary, CBL HOLDINGS, L.L.C., to be located at 118 Jefferson Street, Mansfield, DeSoto Parish, LA, 71052. TRUST POWERS No Activity OTHER No Activity Any questions should be directed to Pam Skelton at (225) 925-4661 or pskelton@ofi.la.gov.