Regulatory Alerts2017-04-01
Louisiana Office of Financial Institutions Monthly Bulletin April 2017
The Louisiana Office of Financial Institutions issued its April 2017 Monthly Bulletin detailing regulatory filings for banks, thrifts, and credit unions. Key actions include IBERIABANK Corporation's application to acquire Sabadell United Bank and Investar Holding Corporation's proposed merger with Citizens Bancshares. The bulletin also records various branch openings, closures, relocations, and loan production office changes for institutions such as Origin Bank, Crescent Bank & Trust, and Coastal Commerce Bank.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
APRIL 2017
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Filed April 6, 2017 Application by IBERIABANK Corporation, Lafayette, LA, pursuant to Section 3(a)(3) of the BHC Act of 1956, as amended, to acquire all outstanding shares of Sabadell United Bank, N.A. (a Florida-based National Bank), Miami, Miami-Dade County, FL, and immediately thereafter, merge Sabadell United Bank, N. A., Miami, Miami-Dade County, FL, with and into IBERIABANK, Lafayette, Lafayette Parish, LA, under the Charter of and with the Title: IBERIABANK, domiciled in Lafayette, LA, and to establish the existing offices of Sabadell United Bank, N.A., as branches of IBERIABANK.
Filed April 21, 2017 Proposed Merger of Citizens Bancshares, Inc., Ville Platte, LA, with and into Investar Holding Corporation, Baton Rouge, LA, and immediately thereafter, merge Citizen’s Bank, Ville Platte, Louisiana, Ville Platte, Evangeline Parish, LA, with and into Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, under the Charter of and with the Title: Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, and to establish the existing offices of Citizen’s Bank, Ville Platte, Louisiana, as branches of Investar Bank.
BRANCHES Filed/Approved April 5, 2017 Origin Bank, Choudrant, Lincoln Parish, LA, proposes to close its PLANO BANKING CENTER located at 2432 Preston Road, Suite 330, Plano, Collin County, TX, 75093.
Approved April 18, 2017 GREENVILLE BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 105 North Spring Street, Suite 1635, Greenville, Greenville County, SC, 29601.
Filed April 20, 2017 GREENWAY PLAZA BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 11 Greenway Plaza, Suite 27, Houston, Harris County, TX, 77046.
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 – APRIL 2017 PAGE 2
CHANGES OF LOCATION/CONSOLIDATIONS Filed April 24, 2017 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its OPERATIONS CENTER BRANCH from 5401 Jefferson Highway, Suite D, Harahan [70123] to 2121 Airline Drive, Suite 400, Metairie [70001] (a distance of approximately 3.5 miles), both locations within Jefferson Parish, LA.
LOAN PRODUCTION OFFICES Effective December 31, 2016 Coastal Commerce Bank, Houma, Terrebonne Parish, LA, closed its LAFAYETTE LOAN PRODUCTION OFFICE located at 201 Energy Parkway, Suite 105, Lafayette, Lafayette Parish, LA, 70508.
Approved April 18, 2017; Filed April 7, 2017 GUARANTY BANK AND TRUST COMPANY OF DELHI LOAN PRODUCTION OFFICE proposed by Guaranty Bank and Trust Company of Delhi, Delhi, Richland Parish, LA, to be located at 2101 Tower Drive, Monroe, Ouachita Parish, LA, 71201.
Filed/Approved April 19, 2017 Fidelity Bank [a State-chartered Savings Bank], New Orleans, Orleans Parish, LA, proposes to relocate its PENSACOLA LOAN PRODUCTION OFFICE from 223 West Gregory Street to 25 West Cedar Street, Suite 500, both located within Pensacola, Escambia County, FL, 32502.
Withdrawn April 20, 2017 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST NEW YORK LOAN PRODUCTION OFFICE located at One Huntington Quadrangle, Suite 1N10, Melville, Suffolk County, NY, 11747.
Filed April 21, 2017 CRESCENT BANK & TRUST ALEXANDRIA LOAN PRODUCTION OFFICE proposed by Crescent Bank & Trust, New Orleans, Orleans Parish, LA, to be located at 2217 Shreveport Highway, Suite B, Pineville, Rapides Parish, LA, 71360.
Filed/Approved April 21, 2017 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST BALTIMORE LOAN PRODUCTION OFFICE located at 8101 Sandy Spring Road, Suite 280, Laurel, Prince George County, MD, 20707.
Filed/Approved April 21, 2017 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST ALEXANDRIA LOAN PRODUCTION OFFICE located at 5208 Jackson Street Extension, Suite C, Alexandria, Rapides Parish, LA, 71303.
MONTHLY BULLETIN – APRIL 2017 PAGE 3
SUBSIDIARIES Filed April 5, 2017 First Bank and Trust, New Orleans, Orleans Parish, LA, proposes to establish an additional office of the subsidiary, FBT MORTGAGE, L.L.C., to be located at 8800 University Parkway, Suite B-1, Pensacola, Escambia County, FL, 32514.
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.