2017-07-01
The Louisiana Office of Financial Institutions issued its July 2017 Monthly Bulletin to record regulatory actions regarding bank mergers, branch activities, and subsidiary formations. The document details the merger of Premier Bancshares into First Guaranty Bancshares and Citizen's Bank into Investar Bank, alongside approvals for new branches by Bank of Montgomery, Investar Bank, and others. Additionally, the bulletin notes the closure of specific branches and loan production offices by JD Bank and Citizens Bank & Trust Company, as well as the establishment of a new subsidiary by Plaquemine Bank & Trust Company.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
JULY 2017
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective June 16, 2017 @ 5:02 p.m. Central Time Premier Bancshares, Inc. (a Texas corporation), Fort Worth, Texas, merged with and into First Guaranty Bancshares, Inc., Hammond, Louisiana, and immediately thereafter, merged Synergy Bank, S.S.B., (a Texas State-chartered Savings Bank), McKinney, Collin County, Texas, with and into First Guaranty Bank, Tangipahoa Parish, Louisiana, under the Charter of and with the Title: First Guaranty Bank, domiciled in Hammond, Louisiana, and established the existing offices of Synergy Bank, S.S.B. as branches of First Guaranty Bank.
Effective July 1, 2017 @ 12:03 a.m. Citizen's Bank, Ville Platte, Louisiana, Ville Platte, Evangeline Parish, LA, merged with and into Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, under the Charter of and with the Title: Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, and established the existing offices of Citizen's Bank, Ville Platte, Louisiana, as branches of Investar Bank.
BRANCHES Approved July 5, 2017 FERN AVENUE BRANCH proposed by Bank of Montgomery, Montgomery, Grant Parish, LA, to be located at 8640 Fern Avenue, Shreveport, Caddo Parish, LA, 71105.
Approved July 17, 2017 HARDING BOULEVARD BRANCH proposed by Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, to be located at 3636 Harding Boulevard, Baton Rouge, East Baton Rouge Parish, LA, 70807.
Filed/Approved July 19, 2017 JD Bank, Jennings, Jefferson Davis Parish, LA, proposes to close its VIDRINE BRANCH located at 5557 Vidrine Road, Ville Platte, Evangeline Parish, LA, 70586.
Filed July 20, 2017 TERRYTOWN BRANCH proposed by American Bank & Trust Company, Covington, St. Tammany Parish, LA, to be located at 2021 Carol Sue Avenue, Terrytown, Jefferson Parish, LA, 70056.
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) 922-2860 MAIL ROOM FAX # (225) 925-4524 WEB SITE: www.ofi.la.gov EMAIL: ofila@ofi.la.gov
MONTHLY BULLETIN – JULY 2017 PAGE 2
BRANCHES – (continued) Filed July 24, 2017 JEFFERSON HIGHWAY BRANCH proposed by The Peoples Bank and Trust Company of Pointe Coupee Parish, Louisiana, New Roads, Pointe Coupee Parish, LA, to be located at 6323 Mourning Dove Drive, Baton Rouge, East Baton Rouge Parish, LA, 70817.
Approved July 24, 2017; Filed July 6, 2017 BROUSSARD BRANCH proposed by Tri-Parish Bank, Eunice, St. Landry Parish, LA, to be located at 751 Albertson Parkway, Broussard, Lafayette Parish, LA, 70518.
Approved July 24, 2017; Filed July 6, 2017 ELLERBE ROAD FINANCIAL CENTER proposed by Progressive Bank, Monroe, Ouachita Parish, LA, to be located at 9405 Ellerbe Road, Shreveport, Caddo Parish, LA, 71106.
CHANGES OF LOCATION/CONSOLIDATIONS No Activity
LOAN PRODUCTION OFFICES Filed/Approved July 19, 2017 Citizens Bank & Trust Company of Vivian, Louisiana, Vivian, Caddo Parish, LA, proposes to close its BOSSIER LOAN PRODUCTION OFFICE located at 1628 Benton Road, Bossier City, Bossier Parish, LA, 71111.
SUBSIDIARIES Approved July 26, 2017 Plaquemine Bank & Trust Company, Plaquemine, Iberville Parish, LA, proposes to establish a subsidiary, PLAQUEMINE BANK HOLDINGS, LLC, to be located at 24025 Eden Street, Plaquemine, Iberville Parish, LA, 70764.
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.