Regulatory Alerts2021-10-01
Louisiana Office of Financial Institutions Monthly Bulletin October 2021
The Louisiana Office of Financial Institutions issued its October 2021 Monthly Bulletin detailing regulatory actions for banks, thrifts, and credit unions. The document records Delta Bank's application to acquire assets from Home Bank, alongside numerous approvals and filings for new branch openings, closures, and relocations across Louisiana and neighboring states. Additional entries cover the establishment of loan production offices, deposit production offices, and a new subsidiary by Gulf Coast Bank and Trust Company.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN OCTOBER 2021
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Filed October 26, 2021 Application by Delta Bank, Vidalia, Concordia Parish, Louisiana, for consent to purchase certain assets and assume the liability to pay deposits in the Vicksburg, Mississippi office of Home Bank, National Association, Lafayette, Lafayette Parish, Louisiana.
BRANCHES Effective February 15, 2017 First Bank and Trust, New Orleans, Orleans Parish, LA, opened its MIRAMAR BEACH BRANCH located at 495 Grand Boulevard, Suite 270, Miramar Beach, Walton County, FL 32550.
Filed October 4, 2021 PINHOOK BANKING CENTER proposed by Red River Bank, Alexandria, Rapides Parish, LA, to be located at 1911 Pinhook Road, Lafayette, Lafayette Parish, LA 70508.
Approved October 7, 2021 FLORIDA BOULEVARD BRANCH proposed by Guaranty Bank and Trust Company, New Roads, Pointe Coupee Parish, LA, to be located at 7474 Florida Boulevard, Baton Rouge, East Baton Rouge Parish, LA 70806.
Filed/Approved October 20, 2021 Sabine State Bank and Trust Company, Many, Sabine Parish, LA, proposes to close its BURKEVILLE BRANCH at 483 State Highway 63 East, Burkeville, Newton County, TX 75932.
Approved October 22, 2021 LAKE SAM RAYBURN BRANCH proposed by Sabine State Bank and Trust Company, Many, Sabine Parish, LA, to be located at 132 FM 1007, Brookeland, Jasper County, TX 75931.
MONTHLY BULLETIN – OCTOBER 2021 PAGE 2
BRANCHES – (continued) Approved October 28, 2021 MIDWAY BANKING CENTER proposed by Origin Bank, Choudrant, Lincoln Parish, LA, to be located at 13601 Midway Road, Farmers Branch, Dallas County, TX 75244.
CHANGES OF LOCATION/CONSOLIDATIONS Effective October 15, 2021 Origin Bank, Choudrant, Lincoln Parish, LA, relocated its OXFORD BANKING CENTER from 1312 University Avenue to 1713 University Avenue (a distance of approximately 0.3 miles), both locations within Oxford, Lafayette County, MS 38655.
LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs Effective June 30, 2021 Origin Bank, Choudrant, Lincoln Parish, LA, closed its NORTH RICHLAND HILLS MORTGAGE LOAN PRODUCTION OFFICE located at 6613 Precinct Line Road, North Richland Hills, Tarrant County, TX 76182.
Effective August 31, 2021 Origin Bank, Choudrant, Lincoln Parish, LA, closed its ADDISON LOAN PRODUCTION OFFICE located at 16479 Dallas Parkway, Addison, Dallas County, TX 75001.
Effective October 4, 2021 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, opened its GULF COAST BANK AND TRUST – BUSINESS CREDIT BATON ROUGE LOAN PRODUCTION OFFICE located at 7854 Anselmo Lane, Baton Rouge, East Baton Rouge Parish, LA 70810.
No Objection October 6, 2021 CITIZENS PROGRESSIVE BANK LOAN PRODUCTION OFFICE proposed by Citizens Progressive Bank, Winnsboro, Franklin Parish, LA, to be located at 1804 North 18th Street, Monroe, Ouachita Parish, LA 71201.
No Objection October 6, 2021 ATLANTA MORTGAGE LOAN PRODUCTION OFFICE proposed by Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 3655 Brookside Parkway, Suite 265, Alpharetta, Fulton County, GA 30022.
Filed October 21, 2021 NEW ORLEANS LOAN AND DEPOSIT PRODUCTION OFFICE proposed by Red River Bank, Alexandria, Rapides Parish, LA, to be located at 1100 Poydras Street, Suite 925, New Orleans, Orleans Parish, LA 70163.
MONTHLY BULLETIN – OCTOBER 2021 PAGE 3
SUBSIDIARIES Applications No Activity
Notice-Only Filed October 15, 2021 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to establish a subsidiary, SEVENOAKS CAPITAL ASSOCIATES, LLC, to be located at 200 Saint Charles Avenue, New Orleans, Orleans Parish, LA 70130.
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 922-2627.