2011-01-01
The Louisiana Office of Financial Institutions issued its January 2011 Monthly Bulletin detailing regulatory actions for state-chartered banks and holding companies. The document records applications for bank acquisitions, conversions from federal to state charters, and the opening or relocation of numerous branches and loan production offices across Louisiana and other states. Additionally, it notes the consolidation of specific bank branches, the establishment or closure of subsidiaries, and the approval of limited trust powers for Business First Bank.
MONTHLY BULLETIN - January 2011 Page 1 of 4 STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA MONTHLY BULLETIN January 2011 BANK HOLDING COMPANIES Filed w/FRB-Dallas January 18, 2011 Application by Citizens National Bancshares of Bossier, Inc., Bossier City, Bossier Parish, Louisiana, to acquire 100% of the issued and outstanding shares of common stock of Citizens Bankshares of Springhill, Inc., and thereby directly acquire its subsidiary, Citizens Bank & Trust Company, both located in Springhill, Webster Parish, Louisiana, pursuant to Sections 3(a)(3) of the Bank Holding Company Act of 1956, as amended. BANKS/THRIFTS/CREDIT UNIONS Filed January 5, 2011 Application by Teche Federal Bank (a Federally-Chartered Savings Institution), Franklin, St. Mary Parish, Louisiana, to convert to a State-Chartered Bank under the Charter of and with the Title: Teche Federal Bank, domiciled in New Iberia, Iberia Parish, Louisiana, and to establish the existing offices as branch offices of Teche Federal Bank. BRANCHES Effective December 13, 2010| First NBC Bank, New Orleans, Orleans Parish, LA, opened its SAINT CHARLES BRANCH located at 3331 Saint Charles Avenue, New Orleans, Orleans Parish, LA, 70115. Effective January 7, 2011 Cameron State Bank, Lake Charles, Calcasieu Parish, LA, opened its COUNTRY CLUB BRANCH located at 2800 Country Club Road, Lake Charles, Calcasieu Parish, LA, 70605. Approved January 12, 2011 MANHATTAN BRANCH, proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 1720 Manhattan Boulevard, Harvey, Jefferson Parish, LA, 70058. Effective January 24, 2011 Red River Bank, Alexandria, Rapides Parish, LA, opened its SHREVEPORT UPTOWN BANKING CENTER located at 5868 Line Avenue, Shreveport, Caddo Parish, LA, 71106.
MONTHLY BULLETIN - January 2011 Page 2 of 4 Effective January 24, 2011; Approved January 21, 2011 |First NBC Bank, New Orleans, Orleans Parish, LA, opened its MANHATTAN BRANCH located at 1901 Manhattan Boulevard, Harvey, Jefferson Parish, LA, 70058. Approved January 26, 2011; Filed January 4, 2011 BOYNTON BEACH BRANCH, proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 1101 North Congress Avenue, Boynton Beach, Palm Beach County, FL, 33426. Filed January 28, 2011 THIBODAUX OFFICE, proposed by Synergy Bank, Houma, Terrebonne Parish, LA, to be located at 209 East Bayou Road, Thibodaux, Lafourche Parish, LA, 70301. CHANGES OF LOCATION/CONSOLIDATIONS Effective September 4, 2008 Omni Bank, Metairie, Jefferson Parish, LA, relocated its CENTRAL BUSINESS DISTRICT BRANCH from 330 Carondelet Street to 334 Carondelet Street (a distance of approximately 150 feet), both locations within New Orleans, Orleans Parish, LA, 70130. Approved January 11, 2011 Delta Bank, Vidalia, Concordia Parish, LA, proposes to relocate its TALLULAH OFFICE from 303 South Cedar to 401 South Cedar (a distance of approximately across the street), both locations within Tallulah, Madison Parish, LA, 71282. Filed/Approved January 13, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its CRESCENT BANK & TRUST TULSA LOAN PRODUCTION OFFICE from 7633 East 63rd Place, Suite 300 to Three Memorial Place, 7615 East 63rd Place, Suite 101, Tulsa, Tulsa County, OK, 74133. Filed January 26, 2011 First Guaranty Bank, Hammond, Tangipahoa Parish, LA, proposes to relocate its PONCHATOULA BANKING CENTER from 170 West Hickory Street to 195 North 6th Street (a distance of approximately 164 feet), both locations within Ponchatoula, Tangipahoa Parish, LA, 70454. Filed/Approved January 26, 2011 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to consolidate the WALL BRANCH located at 111 Wall Boulevard, Terrytown [70056] and the GRETNA BRANCH located at 1011 Fourth Street, Gretna [70053] with the MANHATTAN BRANCH located at 1720 Manhattan Boulevard, Harvey [70058], all locations within Jefferson Parish, LA. Filed/Approved January 26, 2011 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to consolidate the STELLA MILL BRANCH located at One Stella and Mill Street with the MCMILLAN ROAD BRANCH located at 610 McMillan Road, both locations within West Monroe, Ouachita Parish, LA, 71291.
MONTHLY BULLETIN - January 2011 Page 3 of 4 Filed/Approved January 31, 2011 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to consolidate the METAIRIE OFFICE located at 4517 West Esplanade Avenue with the TRANSCONTINENTAL BRANCH located at 5001 Veterans Boulevard (a distance of approximately 1.4 miles), both locations within Metairie, Jefferson Parish, LA, 70006. LOAN or TRUST PRODUCTION OFFICES Effective December 13, 2010 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST CHICAGO LOAN PRODUCTION OFFICE located at 1 Dearborn Square, Suite 655, Kankakee, Kankakee County, IL, 60901. [Originally filed with the address of 750 Almar Parkway, Bourbonnais, IL, 60914, and with the name of Crescent Bank & Trust Bourbonnais Loan Production Office.] Filed January 5, 2011 GULF COAST BANK MORTGAGE HAMMOND LOAN PRODUCTION OFFICE, proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 1250 Southwest Railroad Avenue, Suite 240-A, Hammond, Tangipahoa Parish, LA, 70403. Approved January 21, 2011; Filed January 4, 2011 PATTERSON STATE BANK LOAN PRODUCTION OFFICE, proposed by Patterson State Bank, Patterson, St. Mary Parish, LA, to be located at 701 West 3rd Street, Suite A, Thibodaux, Lafourche Parish, LA, 70301. Approved January 26, 2011 CRESCENT BANK & TRUST CHARLOTTE LOAN PRODUCTION OFFICE, proposed by Crescent Bank & Trust, New Orleans, Orleans Parish, LA, to be located at 4801 East Independence Boulevard, Suite 310, Charlotte, Mecklenburg County, NC, 28212. Approved/Effective January 26, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST DENVER LOAN PRODUCTION OFFICE located at 1880 Office Club Pointe, Suite 1480, Colorado Springs, El Paso County, CO, 80920. SUBSIDIARIES Effective December 23, 2010 MBL Bank [a State-chartered savings association], Minden, Webster Parish, LA, closed its subsidiary, MINDEN SERVICES, INC., located at 100 MBL Bank Drive, Minden, Webster Parish, LA, 71058. Filed January 24, 2011 Ouachita Independent Bank, Monroe, Ouachita Parish, LA, proposes to establish a subsidiary, OPERATING SUBSIDIARY, to be located at 909 North 18th Street, Monroe, Ouachita Parish, LA, 71201.
MONTHLY BULLETIN - January 2011 Page 4 of 4 TRUST POWERS Approved January 27, 2011 Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, has filed an application requesting permission to exercise Limited Trust Powers. OTHER No Activity Any questions should be directed to Pam Skelton at (225) 925-4661 or pskelton@ofi.la.gov.