Regulatory Alerts2011-10-01
Monthly Bulletin — October 2011
The Louisiana Office of Financial Institutions issued its October 2011 Monthly Bulletin to report on various banking activities including mergers, acquisitions, and branch changes. Key actions include SHB Bancorp's application to become a one-bank holding company via the acquisition of Southern Heritage Bank and the merger of South Louisiana Business Bank into Investar Bank. The bulletin also details the opening and closing of specific bank branches, the establishment of new loan production offices, and the creation of mortgage subsidiaries by several state-chartered banks.
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