2018-12-01
The Louisiana Office of Financial Institutions issued its December 2018 Monthly Bulletin detailing regulatory actions regarding bank mergers, branch openings, and closures. Key approvals included the effective merger of Richland State Bancorp into Business First Bancshares and the proposed merger of Mainland Bank into Investar Bank. The bulletin also recorded various operational changes, such as the opening of new branches by Business First Bank and Investar Bank, the relocation of several branches, and the closure of specific loan production offices.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN DECEMBER 2018
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective November 30, 2018 @ 11:58 p.m. [BHC Merger] Effective November 30, 2018 @ 11:59 p.m. [Bank Merger] Richland State Bancorp, Inc., Rayville, Richland Parish, LA, merged with and into Business First Bancshares, Inc., Baton Rouge, East Baton Rouge Parish, LA, and immediately thereafter, merged The Richland State Bank, Rayville, Richland 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 The Richland State Bank as branches of Business First Bank.
Filed December 6, 2018 Proposed merger of Mainland Bank (a Texas State-chartered Bank), Texas City, Galveston County, Texas, with and into Investar Bank, Baton Rouge, East Baton Rouge Parish, Louisiana, under the Charter of and with the Title: Investar Bank, domiciled in Baton Rouge, Louisiana, and to establish the existing offices of Mainland Bank as branches of Investar Bank.
BRANCHES Effective May 7, 2018 Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its SPRING VALLEY ROAD BANKING CENTER located at 5220 Spring Valley Road, Suite 100, Dallas, Dallas County, TX, 75254.
Effective June 4, 2018 Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its METAIRIE ROAD BANKING CENTER located at 2328 Metairie Road, Suite 100, Metairie, Jefferson Parish, LA, 70001.
Effective September 14, 2018 Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, closed its SOUTH HOMAN AVENUE BRANCH located at 1111 South Homan Avenue, Chicago, Cook County, IL, 60624.
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 – DECEMBER 2018 PAGE 2
BRANCHES – (continued) Effective September 28, 2018 Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, closed its FLORIDA STREET BANKING CENTER located at 4944 Florida Boulevard, Baton Rouge, East Baton Rouge Parish, LA, 70806.
Effective December 3, 2018 Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its CENTRAL BRANCH located at 8759 Sullivan Road, Central, East Baton Rouge Parish, LA, 70818. [Originally filed as CENTRAL OFFICE proposed by The Highlands Bank, Jackson, East Feliciana Parish, LA.]
Approved December 4, 2018 MONROE BRANCH proposed by Bank of Oak Ridge, Oak Ridge, Morehouse Parish, LA, to be located at 1888 Hudson Circle, Suite 12, Monroe, Ouachita Parish, LA, 71201.
Filed December 26, 2018 SULPHUR BRANCH proposed by Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, to be located at 1530 Maplewood Drive, Suite A, Sulphur, Calcasieu Parish, LA, 70663.
CHANGES OF LOCATION/CONSOLIDATIONS Effective June 18, 2018 Sabine State Bank and Trust Company, Many, Sabine Parish, LA, relocated its LEESVILLE DRIVE-IN BRANCH from 2200B South 5th Street to 1340 Boone Street (a distance of approximately 0.5 miles), both locations within Leesville, Vernon Parish, LA, 71446, known as LEE HILLS BRANCH.
Approved December 11, 2018 First Guaranty Bank, Hammond, Tangipahoa Parish, LA, proposes to relocate its AMITE BANKING CENTER from 100 East Oak Street to 632 West Oak Street (a distance of approximately 0.6 miles), both locations within Amite, Tangipahoa Parish, LA, 70422.
Filed December 12, 2018 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to relocate its HIALEAH BANKING CENTER BRANCH from 1751 West 49th Street to 821 West 49th Street (a distance of approximately 1.3 miles), both locations within Hialeah, Miami-Dade County, FL, 33012, to be known as HIALEAH BRANCH.
LOAN PRODUCTION OFFICES Effective May 7, 2018; Approved February 1, 2018 Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, closed its DALLAS LOAN PRODUCTION located at 5220 Spring Valley Road, Suite 100, Dallas, Dallas County, TX, 75254, due to the opening of its SPRING VALLEY ROAD BANKING CENTER (see above).
MONTHLY BULLETIN – DECEMBER 2018 PAGE 3
LOAN PRODUCTION OFFICES – (continued) Effective June 4, 2018 Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, closed its NEW ORLEANS LOAN PRODUCTION OFFICE located at 3838 North Causeway Boulevard, Suite 2950, Metairie, Jefferson Parish, LA, 70002, due to the opening of its METAIRIE ROAD BANKING CENTER (see above).
Effective November 1, 2018 Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, closed its INVESTAR BANK NORTH OAK HILLS LOAN PRODUCTION OFFICE located at 10634 North Oaks Parkway, Suite B, Baton Rouge, East Baton Rouge Parish, LA, 70810.
Filed/Approved December 11, 2018 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST TAMPA LOAN PRODUCTION OFFICE located at 5421 Beaumont Center Boulevard, Suite 675, Tampa, Hillsborough County, FL, 33634.
Filed December 14, 2018 SOUTH BATON ROUGE LOAN PRODUCTION OFFICE proposed by Concordia Bank and Trust Company, Vidalia, Concordia Parish, LA, to be located at 8200 Village Plaza Court, Suite 3A, Baton Rouge, East Baton Rouge Parish, LA, 70810.
Filed December 14, 2018 PLAQUEMINE LOAN PRODUCTION OFFICE proposed by Concordia Bank and Trust Company, Vidalia, Concordia Parish, LA, to be located at 25420 Highway 1 South, Suite G, Plaquemine, Iberville Parish, LA, 70764.
SUBSIDIARIES No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.