Regulatory Alerts2019-08-01
Louisiana Office of Financial Institutions Monthly Bulletin August 2019
The Louisiana Office of Financial Institutions issued its August 2019 Monthly Bulletin detailing proposed mergers, branch openings, and subsidiary formations. The document records the proposed merger of First State Bank into BOM Bank and the consolidation of Union Bancshares into First Guaranty Bancshares. It also lists numerous regulatory actions including new branch applications, loan production office relocations, and the establishment of new subsidiaries by institutions such as Gulf Coast Bank and Trust Company.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN AUGUST 2019
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Filed August 6, 2019 Proposed Merger of First State Bank (a Texas State-chartered Bank), Hemphill, Sabine County, Texas, with and into BOM Bank, Natchitoches, Natchitoches Parish, Louisiana, under the Charter of and with the Title: BOM Bank, domiciled in Natchitoches, Louisiana, and to establish the existing sole office of First State Bank as a branch of BOM Bank.
Filed August 15, 2019 Proposed Merger of Union Bancshares, Inc., Marksville, Avoyelles Parish, LA, with and into First Guaranty Bancshares, Inc., Hammond, Tangipahoa Parish, LA, and immediately thereafter, to merge The Union Bank, Marksville, Avoyelles Parish, LA, with and into First Guaranty Bank, Hammond, Tangipahoa Parish, LA, under the Charter of and with the Title: First Guaranty Bank, domiciled in Hammond, Tangipahoa Parish, LA, and to establish the existing offices of The Union Bank as branches of First Guaranty Bank.
BRANCHES Effective February 2, 2016 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, opened its ORLANDO BRANCH located at 215 Celebration Place, Suite 300, Celebration, Osceola County, FL, 34747.
Effective April 4, 2016 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, opened its DALLAS BRANCH located at 5949 Sherry Lane, Suite 785, Dallas, Dallas County, TX, 75225.
Effective August 1, 2016 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, activated its MOBILE BANKING BRANCH to operate within Orleans, Jefferson, and St. Bernard Parishes, Louisiana.
Approved August 7, 2019 MIAMI CRA BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 1951 NW 7th Avenue, Miami, Miami-Dade County, FL 33136.
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 – JULY 2019 PAGE 2
BRANCHES – (continued) Filed August 8, 2019 MANY BRANCH proposed by Community Bank of Louisiana, Mansfield, DeSoto Parish, LA, to be located at 795 San Antonio Avenue, Many, Sabine Parish, LA 71449.
Approved August 8, 2019 MOSS BLUFF BRANCH proposed by Sabine State Bank and Trust Company, Many, Sabine Parish, LA, to be located at 164 Sam Houston Jones Parkway, Lake Charles, Calcasieu Parish, LA 70611.
Filed August 20, 2019 CROWLEY OFFICE proposed by The Bank, Jennings, Jefferson Davis Parish, LA, to be located at 1311 North Parkerson Avenue, Crowley, Acadia Parish, LA 70526.
Filed August 23, 2019 WATSON BRANCH proposed by Bank of Zachary, Zachary, East Baton Rouge Parish, LA, to be located at 32340 Louisiana Highway 16, Denham Springs, Livingston Parish, LA 70726.
Filed August 26, 2019 HOMER-MAIN BRANCH proposed by Gibsland Bank & Trust Company, Gibsland, Bienville Parish, LA, to be located at 600 East Main Street, Homer, Claiborne Parish, LA 71040.
CHANGES OF LOCATION/CONSOLIDATIONS Approved August 22, 2019; Filed August 7, 2019 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to relocate its GREENSBORO BRANCH from 804 Green Valley Road, Suite 102 to 1429 Westover Terrace (a distance of approximately 0.3 miles), both locations within Greensboro, Guilford County, NC 27408.
LOAN PRODUCTION OFFICES Effective February 2, 2016 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, closed its GULF COAST BUSINESS CREDIT LOAN PRODUCTION OFFICE located at 215 Celebration, Suite 300, Celebration, Osceola County, FL, 34747, due to the opening of its ORLANDO BRANCH (see above).
Effective May 30, 2018 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, opened its GULF COAST BANK AND TRUST PHOENIX FACTORING LOAN PRODUCTION OFFICE located at 8707 East Vista Bonita, Suites 230, 240, and 250, Scottsdale, Maricopa County, AZ 85255.
Effective August 20, 2018 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, opened its GULF COAST BANK AND TRUST KNOXVILLE MORTGAGE LOAN PRODUCTION OFFICE located at 5204 Kingston Pike, Suite 23-25, Knoxville, Knox County, TN 37919.
MONTHLY BULLETIN – JULY 2019 PAGE 3
LOAN PRODUCTION OFFICES – (continued) Effective March 4, 2019 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, relocated its GULF COAST BANK MORTGAGE DESTIN LOAN PRODUCTION OFFICE from 200 Calusa Boulevard, Unit 102, Destin [32541] to 495 Grand Boulevard, Suite 225, Miramar Beach [32550], both within Walton County, FL.
Filed/Approved August 7, 2019 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to relocate its MCCOMB LOAN PRODUCTION OFFICE from 403 Apache Drive [39649] to 299 Apache Drive, Suite A [39648], both located within McComb, Pike County, MS.
Approved August 8, 2019 LAFAYETTE LOAN PRODUCTION OFFICE proposed by Catahoula-LaSalle Bank, Jonesville, Catahoula Parish, LA, to be located at 2701 Johnston Street, Suite 101, Lafayette, Lafayette Parish, LA 70508.
Withdrawn August 13, 2019 GULF COAST BANK LAFAYETTE MORTGAGE LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 1602 Pinhook Road, Suite 209, Lafayette, Lafayette Parish, LA 70502.
Effective August 19, 2019 Bank of Zachary, Zachary, East Baton Rouge Parish, LA, opened its BANK OF ZACHARY LOAN PRODUCTION OFFICE located at 348 Veterans Boulevard, Denham Springs, Livingston Parish, LA 70726.
Filed/Approved August 22, 2019 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to close its HOUMA LOAN PRODUCTION OFFICE located at 1403 St. Charles Street, Houma, Terrebonne Parish, LA 70360.
Filed/Approved August 30, 2019 Crescent Bank, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST NASHVILLE LOAN PRODUCTION OFFICE located at 402 BNA Drive, Suite 409, Nashville, Davidson County, TN 37217.
SUBSIDIARIES Effective April 3, 2017 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, established a subsidiary, UNITED CAPITAL FUNDING, LLC, located at 146 Second Street North, Suite 200, St. Petersburg, Pinellas County, FL 33701.
MONTHLY BULLETIN – JULY 2019 PAGE 4
SUBSIDIARIES – (continued) Effective July 10, 2017 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, established a subsidiary, 6000 CHEF, LLC, located at 200 Saint Charles Avenue, New Orleans, Orleans Parish, LA 70130. [Originally filed with the name OREO I, LLC.]
Effective August 8, 2019 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, established a subsidiary, SYNERGY FULFILLMENT SERVICES, LLC, located at 200 Saint Charles Avenue, New Orleans, Orleans Parish, LA 70130.
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.