Regulatory Alerts2018-01-01
Louisiana Office of Financial Institutions Monthly Bulletin January 2018
The Louisiana Office of Financial Institutions issued its January 2018 Monthly Bulletin to report on regulatory actions regarding bank mergers, branch openings, and closures. The document details the merger of Minden Bancorp into Business First Bancshares and lists multiple branch and loan production office closures proposed by IBERIABANK, Fidelity Bank, and Bank of Montgomery. Additionally, it records the approval of new branch and loan production office locations for Community First Bank, First Guaranty Bank, and IBERIABANK.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN JANUARY 2018
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective January 1, 2018 @ 12:03 a.m. Minden Bancorp, Inc., Minden, Webster Parish, LA, merged with and into Business First Bancshares, Inc., Baton Rouge, East Baton Rouge Parish, LA, and immediately thereafter, merged MBL Bank, Minden, Webster Parish, LA, with and into Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, under the Charter of and with the Title: Business First Bank, domiciled in Baton Rouge, East Baton Rouge Parish, LA, and established the existing offices of MBL Bank as branches of Business First Bank.
BRANCHES Effective March 13, 2017 Bank of Montgomery, Montgomery, Grant Parish, LA, opened its ALEXANDRIA BRANCH located at 3601 North Boulevard, Suite B, Alexandria, Rapides Parish, LA, 71301.
Filed/Approved January 4, 2018 Catahoula-LaSalle Bank, Jonesville, Catahoula Parish, LA, proposes to close its DOWNTOWN BRANCH located at 3285 North First Street, Jena, LaSalle Parish, LA, 71342.
Filed/Approved January 8, 2018 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to close the following branches: Perkins Branch – 10430 Perkins Road, Baton Rouge, East Baton Rouge Parish, LA, 70810 UAB Medical Center Branch – 1801 4th Avenue South, Suite 115, Birmingham, Jefferson County, AL, 35233 34th Street Branch – 3065 34th Street North, St. Petersburg, Pinellas County, FL, 33712 I-10 East Branch – 13535 East Freeway, Houston, Harris County, TX, 77015 Carrollton Branch – 637 South Carrollton Avenue, New Orleans, Orleans Parish, LA, 70118 Palmetto Branch – 3600 South Carrollton Avenue, New Orleans, Orleans Parish, LA, 70118 Gretna Branch – 1011 4th Street, Gretna, Jefferson Parish, LA, 70053
MONTHLY BULLETIN – JANUARY 2018 PAGE 2
BRANCHES – (continued) Filed/Approved January 11, 2018 Bank of Montgomery, Montgomery, Grant Parish, LA, proposes to close its ALEXANDRIA BRANCH located at 3601 North Boulevard, Suite B, Alexandria, Rapides Parish, LA, 71301.
Approved January 22, 2018; Filed January 4, 2018 ST. MARTINVILLE BRANCH proposed by Community First Bank, New Iberia, Iberia Parish, LA, to be located at 2300 North Main Street, St. Martinville, St. Martin Parish, LA, 70582.
CHANGES OF LOCATION/CONSOLIDATIONS No Activity
LOAN PRODUCTION OFFICES Effective March 13, 2017 Bank of Montgomery, Montgomery, Grant Parish, LA, closed its ALEXANDRIA LOAN PRODUCTION OFFICE located at 3601 North Boulevard, Suite B, Alexandria, Rapides Parish, LA, 71301, due to the opening of its ALEXANDRIA BRANCH (see above).
Filed/Approved January 8, 2018 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to close its WEST MEMPHIS LOAN PRODUCTION OFFICE located at 106 Dover Road, West Memphis, Crittenden County, AR, 72301.
Filed/Approved January 8, 2018 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to close its IDAHO FALLS LOAN PRODUCTION OFFICE located at 1275 East 17th, Idaho Falls, Bonneville County, ID, 83401.
Filed/Approved January 9, 2018 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to close its TREETOPS-FLOWOOD CRYE LEIKE LOAN PRODUCTION OFFICE located at 2050 Treetops Boulevard, Suite 100, Flowood, Rankin County, MS, 39232.
Approved January 23, 2018; Filed January 8, 2018 LAKE CHARLES LOAN PRODUCTION OFFICE proposed by First Guaranty Bank, Hammond, Tangipahoa Parish, LA, to be located at 4443 Nelson Road, Lake Charles, Calcasieu Parish, LA, 70605.
Approved January 25, 2018; Filed January 10, 2018 SARASOTA LOAN PRODUCTION OFFICE proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 1718 Main Street, Suite 101A, Sarasota, Sarasota County, FL, 34236.
MONTHLY BULLETIN – JANUARY 2018 PAGE 3
LOAN PRODUCTION OFFICES – (continued) Filed/Approved January 29, 2018 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to relocate its VICKSBURG LOAN PRODUCTION OFFICE from 2170 South Frontage Road, Suite 2, to 120 Holt Collier Drive, Suite A, both located within Vicksburg, Warren County, MS, 39180.
SUBSIDIARIES No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.