Regulatory Alerts2016-09-01
Monthly Bulletin — September 2016
The Louisiana Office of Financial Institutions issued its September 2016 Monthly Bulletin detailing regulatory actions for banks, thrifts, and credit unions. The document records the acquisition of Tri-State Bank branches by Bank of Montgomery, the opening of new branches by IBERIABANK and Origin Bank, and the closure of a Gulf Coast Bank branch. Additional entries cover proposed office relocations, the establishment of a subsidiary by Citizens Bank & Trust Company, and various filed applications for loan production offices.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN SEPTEMBER 2016
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective August 19, 2016 @ 5:01 p.m. Bank of Montgomery, Montgomery, Grant Parish, LA, purchased certain assets and assumed the liability to pay deposits in the following branches of Tri-State Bank and Trust, Haughton, Bossier Parish, LA: HAUGHTON BRANCH – 2111 Highway 80 East, Haughton, Bossier Parish, LA, 71037 SHREVEPORT BRANCH – 4321 Youree Drive, Shreveport, Caddo Parish, LA, 71105
BRANCHES Effective November 9, 2015 IBERIABANK, Lafayette, Lafayette Parish, LA, opened its OC HALEY BOULEVARD BRANCH located at 1409 Oretha Castle Haley Boulevard, Unit A, New Orleans, Orleans Parish, LA, 70113. [Originally filed with the name Central City Branch.]
Effective May 9, 2016 Origin Bank [formerly Community Trust Bank], Choudrant, Lincoln Parish, LA, activated its HOUSTON REGION MOBILE BRANCH to operate within Harris County, Texas.
Effective August 15, 2016; Filed/Approved August 15, 2016 Gulf Coast Bank, Abbeville, Vermilion Parish, LA, closed its BY-PASS BRANCH located at 214 East Summers Drive, Abbeville, Vermilion Parish, LA, 70510.
Filed September 6, 2016 ALEXANDRIA DOWNTOWN OFFICE proposed by Southern Heritage Bank, Jonesville, Catahoula Parish, LA, to be located at 701 Fourth Street, Alexandria, Rapides Parish, LA, 71301.
Filed/Approved September 14, 2016 Sabine State Bank and Trust Company, Many, Sabine Parish, LA, proposes to close its LAKE CHARLES LOAN PRODUCTION OFFICE located at 4443 Nelson Road, Suite 5, Lake Charles, Calcasieu Parish, LA, 70605.
POST OFFICE BOX 94095, BATON ROUGE, LOUISIANA 70804-9095 (225) 925-4660 DEPOSITORY FAX # (225) 925-4548 HUMAN RESOURCES FAX # (225) 925-4665 LEGAL FAX # (225) 925-2592 SECURITIES FAX # (225) 925-4511 NON DEPOSITORY # (225) 925-2860 MAIL ROOM FAX # (225) 925-4524 Web site: www.ofi.la.gov email: ofila@ofi.la.gov
MONTHLY BULLETIN – SEPTEMBER 2016 PAGE 2
BRANCHES – (continued) Approved September 20, 2016 THE DISTRICT BANKING CENTER proposed by Origin Bank, Choudrant, Lincoln Parish, LA, to be located at 120 City Center Drive, Jackson, Hinds County, MS, 39211.
Withdrawn September 26, 2016 BROUSSARD BRANCH proposed by Tri-Parish Bank, Eunice, St. Landry Parish, LA, to be located at 751 Albertson Parkway, Broussard, Lafayette Parish, LA, 70518.
CHANGES OF LOCATION/CONSOLIDATIONS Effective August 1, 2016 Community First Bank, New Iberia, Iberia Parish, LA, relocated its MAIN OFFICE from 535 Jefferson Terrace Boulevard to 1101 East Admiral Doyle Drive [a distance of approximately 1.5 miles], both locations within New Iberia, Iberia Parish, Louisiana, 70560, and retain the former Main Office location as a branch to be known as JEFFERSON TERRACE BRANCH.
Filed September 7, 2016 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to relocate its MANDEVILLE BRANCH from 3916 Highway 22 to 4565 Lasalle Street (a distance of approximately 0.4 miles), both locations within Mandeville, St. Tammany Parish, LA, 70471.
LOAN PRODUCTION OFFICES Effective July 30, 2015 Origin Bank [formerly Community Trust Bank], Choudrant, Lincoln Parish, LA, opened its NORTH RICHLAND HILLS MORTGAGE LOAN PRODUCTION OFFICE located at 6613 Precinct Line Road, North Richland Hills, Tarrant County, TX, 76182.
Filed September 7, 2016 THE HIGHLANDS BANK LOAN PRODUCTION OFFICE proposed by The Highlands Bank, Jackson, East Feliciana Parish, LA, to be located at 10634 North Oak Hills Parkway, Suite B, Baton Rouge, East Baton Rouge Parish, LA, 70810.
SUBSIDIARIES Approved/Effective September 22, 2016 Citizens Bank & Trust Company of Vivian, Louisiana, Vivian, Caddo Parish, LA, established a subsidiary, REGULATORY REVIEW AND CONSULTING, L.L.C., located at 110 Highway One North, Oil City, Caddo Parish, LA, 71061.
TRUST POWERS No Activity
MONTHLY BULLETIN – SEPTEMBER 2016 PAGE 3
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.