Regulatory Alerts2017-02-01
Monthly Bulletin — February 2017
The Louisiana Office of Financial Institutions issued its February 2017 Monthly Bulletin to report on regulatory actions regarding banking entities. The document details the proposed merger of Ouachita Bancshares Corp. with BancorpSouth, Inc., alongside approvals for new branches and loan production offices by institutions such as First Bank and Trust, Iberiabank, and Gulf Coast Bank and Trust Company. Additionally, the bulletin records the filing for the closure of a Line Avenue banking center and the establishment of a new subsidiary by Gulf Coast Bank and Trust Company.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
FEBRUARY 2017
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Closed File February 2, 2017 Proposed Merger of Ouachita Bancshares Corp., Monroe, LA, with and into BancorpSouth, Inc. (a Mississippi corporation), Tupelo, MS, and immediately thereafter, merge Ouachita Independent Bank, Monroe, Ouachita Parish, LA, with and into BancorpSouth Bank (a Mississippi state bank), Tupelo, Lee County, MS, under the Charter of and with the Title: BancorpSouth Bank, domiciled in Tupelo, MS, and to establish the existing offices of Ouachita Independent Bank as branches of BancorpSouth Bank.
BRANCHES Approved February 7, 2017 MIRAMAR BEACH BRANCH proposed by First Bank and Trust, New Orleans, Orleans Parish, LA, to be located at 495 Grand Boulevard, Suite 270, Miramar Beach, Walton County, FL, 32550.
Approved February 7, 2017 CLAIBORNE DRIVE-UP BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 6309 South Claiborne Avenue, New Orleans, Orleans Parish, LA, 70125.
Filed/Approved February 8, 2017 Origin Bank, Choudrant, Lincoln Parish, LA, proposes to close its LINE AVENUE BANKING CENTER located at 3400 Line Avenue, Shreveport, Caddo Parish, LA, 71104.
Approved February 20, 2017 ALEXANDRIA BRANCH proposed by Bank of Montgomery, Montgomery, Grant Parish, LA, to be located at 3601 North Boulevard, Suite B, Alexandria, Rapides Parish, LA, 71301.
Filed February 23, 2017 OPELOUSAS BRANCH proposed by JD Bank, Jennings, Jefferson Davis Parish, LA, to be located in a temporary location at 624 Creswell Lane and, upon completion, at a permanent location at 1614 South Union Street, both locations within Opelousas, St. Landry Parish, LA, 70570.
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) 922-2592 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 – FEBRUARY 2017 PAGE 2
CHANGES OF LOCATION/CONSOLIDATIONS No Activity
LOAN PRODUCTION OFFICES Approved February 7, 2017 HATTIESBURG LOAN PRODUCTION OFFICE proposed by Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, to be located at 8 Woodstone Plaza Drive, Suite 4, Hattiesburg, Lamar County, MS, 39402.
Filed February 22, 2017 GULF COAST BANK AND TRUST ORLANDO MORTGAGE LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 121 South Orange Avenue, Suite 1519, Orlando, Osceola County, FL, 32801.
Approved February 22, 2017; Filed February 21, 2017 LANDMARK BANK LOAN PRODUCTION OFFICE proposed by Landmark Bank, Clinton, East Feliciana Parish, LA, to be located at 2250 Church Street, Suite B, Zachary, East Baton Rouge Parish, LA, 70791.
Filed February 23, 2017 GULF COAST BANK MANDEVILLE MORTGAGE LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 1131 North Causeway Boulevard, Suite 216, Mandeville, St. Tammany Parish, LA, 70471.
Filed February 23, 2017 GULF COAST BANK LAFAYETTE MORTGAGE LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 1602 Pinhook Road, Suite 209, Lafayette, Lafayette Parish, LA, 70502.
Filed February 23, 2017 GULF COAST BANK BUSINESS CREDIT TAMPA LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 146 Second Street North, Suite 200, St. Petersburg, Pinellas County, FL, 33701.
SUBSIDIARIES Filed February 23, 2017 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to establish a subsidiary, UNITED CAPITAL FUNDING, LLC, to be located at 146 Second Street North, Suite 200, St. Petersburg, Pinellas County, FL, 33701.
TRUST POWERS No Activity
MONTHLY BULLETIN – FEBRUARY 2017 PAGE 3
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.