Regulatory Alerts2023-04-01
Monthly Bulletin — April 2023
The Louisiana Office of Financial Institutions issued its April 2023 Monthly Bulletin to report on various banking activities including mergers, branch openings, and office relocations. The document details the proposed merger of Peoples Bancshares into Synergy Bancshares and lists multiple branch approvals and openings by institutions such as Bank of Zachary, b1BANK, and CLB The Community Bank. Additionally, it records changes to loan and deposit production offices, including closures, new openings, and relocations by entities like Origin Bank and Landmark Bank.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN APRIL 2023
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Filed April 19, 2023 Proposed merger of Peoples Bancshares of Pointe Coupee Parish, Inc., New Roads, Pointe Coupee Parish, LA, with and into Synergy Bancshares, Incorporated, Houma, Terrebonne Parish, LA, and immediately thereafter, to merge The Peoples Bank and Trust Company of Pointe Coupee Parish, Louisiana, New Roads, Pointe Coupee Parish, LA, with and into Synergy Bank, Houma, Terrebonne Parish, LA, under the Charter of and with the Title: Synergy Bank, domiciled in Houma, Terrebonne Parish, LA, and to establish the existing offices of The Peoples Bank and Trust Company of Pointe Coupee Parish, Louisiana, as branches of Synergy Bank.
BRANCHES Effective January 4, 2023 Bank of Zachary, Zachary, East Baton Rouge Parish, LA, opened its ST. FRANCISVILLE BRANCH located at 5451 Live Oak Centre Drive, B, St. Francisville, West Feliciana Parish, LA 70775.
Filed April 3, 2023 WOODWORTH BRANCH proposed by BOM Bank, Natchitoches, Natchitoches Parish, LA, to be located at 9380 Highway 165, Woodworth, Rapides Parish, LA 71485.
Effective April 3, 2023 b1BANK, Baton Rouge, East Baton Rouge Parish, LA, opened its RUSTON BANKING CENTER located at 308 North Vienna Street, Ruston, Lincoln Parish, LA 71270.
Approved April 11, 2023 SCOTT BRANCH proposed by CLB The Community Bank, Jonesville, Catahoula Parish, LA, to be located at 5543 Cameron Street, Scott, Lafayette Parish, LA 70583.
Approved April 17, 2023 LAKE PROVIDENCE BRANCH proposed by Caldwell Bank and Trust Company, Columbia, Caldwell Parish, LA, to be located at 216 Lake Street, Lake Providence, East Carroll Parish, LA 71254.
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.louisiana.gov email: ofila@ofi.louisiana.gov
MONTHLY BULLETIN –APRIL 2023 PAGE 2
BRANCHES – (continued) Filed April 18, 2023 ADDISON BANKING CENTER proposed by b1BANK, Baton Rouge, East Baton Rouge Parish, LA, to be located at 14951 North Dallas Parkway, Suite 100, Dallas, Dallas County, TX 75240.
CHANGES OF LOCATION/CONSOLIDATIONS Approved April 4, 2023 b1BANK, Baton Rouge, East Baton Rouge Parish, LA, proposes to relocate its BASTROP BANKING CENTER from 639 East Madison Avenue to 2319 East Madison Avenue (a distance of approximately 2.2 miles), both locations within Bastrop, Morehouse Parish, LA 71220.
LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs Effective March 31, 2023 b1BANK, Baton Rouge, East Baton Rouge Parish, LA, closed its RUSTON LOAN PRODUCTION OFFICE located at 2102 Floyd Park Drive, Ruston, Lincoln Parish, LA 71270, due to the opening of its RUSTON BANKING CENTER (see above).
Effective March 31, 2023 Origin Bank, Choudrant, Lincoln Parish, LA, opened its SHREVEPORT LOAN PRODUCTION OFFICE located at 7607 Fern Avenue, Suite 1101, Shreveport, Caddo Parish, LA 71105.
Effective April 3, 2023 Landmark Bank, Clinton, East Feliciana Parish, LA, opened its LANDMARK BANK LOAN AND DEPOSIT PRODUCTION OFFICE located at 4463 Highway 1 South, Suite E, Port Allen, West Baton Rouge Parish, LA 70767.
No Objection April 12, 2023 M C BANK METAIRIE MAIN LOAN AND DEPOSIT PRODUCTION OFFICE proposed by M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, to be located at 3636 South I-10 Service Road, Suite 102, Metairie, Jefferson Parish, LA 70001.
Filed/No Objection April 12, 2023 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to relocate its GULF COAST BANK AND TRUST MINNEAPOLIS LOAN PRODUCTION OFFICE from 8011 34th Avenue South, Two Appletree Square, #205 to 8100 & 8120 Penn Avenue South, both located within Bloomington, Hennepin County, MN 55431.
MONTHLY BULLETIN –APRIL 2023 PAGE 3
SUBSIDIARIES Applications No Activity
Notice-Only No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 922-2627.