Regulatory Alerts2012-02-01
Monthly Bulletin — February 2012
The Office of the Comptroller of the Currency issued this bulletin to report on banking activities including branch approvals, location changes, and subsidiary formations. Key actions include the approval of a new Las Colinas banking center for Community Trust Bank and the interchange of main office and branch locations for Citizens Progressive Bank. The document also records the establishment of mortgage subsidiaries by The Peoples State Bank and Business First Bank, alongside several loan production office relocations and proposals.
MONTHLY BULLETIN FEBRUARY 2012 BANK HOLDING COMPANIES No Activity BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES No Activity BRANCHES Approved February 29, 2012; Filed February 9, 2012 LAS COLINAS BANKING CENTER proposed by Community Trust Bank, Choudrant, Lincoln Parish, LA, to be located at 7720 North MacArthur Boulevard, Irving, Dallas County, TX, 75063. CHANGES OF LOCATION/CONSOLIDATIONS Approved February 1, 2012 Citizens Progressive Bank, Columbia, Caldwell Parish, LA, proposes to interchange its MAIN OFFICE from 301 Main Street, Columbia, Caldwell Parish, LA, 71418 with its FRONT STREET BRANCH located at 3540 Front Street, Winnsboro, Franklin Parish, LA, 71295 [a distance of 31 miles], and to retain the former Main Office location as a branch to be known as COLUMBIA BRANCH. LOAN or TRUST PRODUCTION OFFICES Effective January 24, 2012 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, relocated its CRESCENT BANK & TRUST DALLAS LOAN PRODUCTION OFFICE from 5750 Genesis Court, Suite 105 to 5750 Genesis Court, Suite 103, both located within Frisco, Collin County, TX, 75034. Approved February 15, 2012; Filed February 6, 2012 MADISON LOAN PRODUCTION OFFICE proposed by Ouachita Independent Bank, Monroe, Ouachita Parish, LA, to be located at 7708 Old Canton Road, Madison, Madison County, MS, 39110.
MONTHLY BULLETIN – FEBRUARY 2012 PAGE 2 LOAN or TRUST PRODUCTION OFFICES (continued) Filed/Approved February 15, 2012 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its CRESENT BANK & TRUST SAN ANTONIO LOAN PRODUCTION OFFICE from 8301 Broadway, Suite 442 to 8301 Broadway, Suite 120, both located within San Antonio, Bexar County, TX, 78209. Filed/Approved February 15, 2012 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its CRESENT BANK & TRUST CHARLOTTE LOAN PRODUCTION OFFICE from 4801 East Independence Boulevard, Suite 310 to 4801 East Independence Boulevard, 2nd Floor, both located within Charlotte, Mecklenburg County, NC, 28212. Filed February 15, 2012 PATTERSON STATE BANK LOAN PRODUCTION OFFICE proposed by Patterson State Bank, Patterson, St. Mary Parish, LA, to be located at 3300 West Esplanade Avenue, Suite 120, Metairie, Jefferson Parish, LA, 70002. SUBSIDIARIES Effective December 16, 2011 The Peoples State Bank, Many, Sabine Parish, LA, established a subsidiary, MAGNOLIA STATE MORTGAGE, LLC, located at 1412 Peterman Drive, Alexandria, Rapides Parish, LA, 71301. Effective January 23, 2012 Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, established a subsidiary, BUSINESS FIRST MORTGAGE, LLC, located at 8440 Jefferson Highway, Baton Rouge, East Baton Rouge Parish, LA, 70809. TRUST POWERS No Activity OTHER No Activity Any questions should be directed to Pam Skelton at (225) 925-4661.