2010-08-01
The Louisiana Office of Financial Institutions issued its August 2010 Monthly Bulletin to report on regulatory actions regarding state-chartered banks and thrifts. The document details the merger of Community Trust Bank of Texas into Community Trust Bank, Louisiana, alongside the opening of multiple new branches and the closure of others by various institutions. It also records the filing and approval of new branch locations, loan production offices, and subsidiary acquisitions or establishments across the region.
MONTHLY BULLETIN - August 2010 Page 1 of 3 STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA MONTHLY BULLETIN August 2010 BANK HOLDING COMPANIES No Activity BANKS/THRIFTS/CREDIT UNIONS Effective August 19, 2010 @ the close of business Community Trust Bank of Texas, Dallas, Dallas County, TX (a Texas state-chartered bank), merged with and into Community Trust Bank, Choudrant, Lincoln Parish, LA, under the Charter of and with the Title: Community Trust Bank, domiciled in Choudrant, Lincoln Parish, LA, and established the existing offices of Community Trust Bank of Texas as branches of Community Trust Bank. BRANCHES Effective February 26, 2008 Mississippi River Bank, Belle Chasse, Plaquemines Parish, LA, opened its PORT SULPHUR BRANCH located at 27104 Highway 23, Port Sulphur, Plaquemines Parish, LA, 70037. Effective June 24, 2010 Teche Bank and Trust Company, St. Martinville, St. Martin Parish, LA, opened its JANE STREET BRANCH located at 1407 Jane Street, New Iberia, Iberia Parish, LA, 70563. Effective July 23, 2010 The Peoples State Bank, Many, Sabine Parish, LA, closed its TEXARKANA BRANCH located at 3702 Summerhill Road, Texarkana, Bowie County, TX, 75503. Effective August 11, 2010 Community Trust Bank, Choudrant, Lincoln Parish, LA, opened its HIGHLAND COLONY BANKING CENTER, located at 605 Crescent Boulevard, Suite 100, Ridgeland, Madison County, MS, 39157. [Originally filed with the address of 605 Crescent Boulevard, Suite 101.] Effective August 13, 2010 Sabine State Bank and Trust Company, Many, Sabine Parish, LA, opened its HIGHWAY 28 WEST BRANCH located at 4409 Coliseum Boulevard, Alexandria, Rapides Parish, LA, 71303.
MONTHLY BULLETIN - August 2010 Page 2 of 3 Filed August 16, 2010 OXFORD CITY BANKING CENTER, proposed by Community Trust Bank, Choudrant, Lincoln Parish, LA, to be located at 1312 University Avenue, Oxford, Lafayette County, MS, 38655. Filed August 17, 2010 DENHAM SPRINGS BRANCH proposed by Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, to be located in a temporary location at 200 South Range Avenue, Suite B and, upon completion, at a permanent location on South Range Avenue on the opposite side of the street from existing municipal addresses 417 South Range Avenue and 419 South Range Avenue, between the intersections of South Range Avenue and Thornton Lane and South Range Avenue and Bay Street, to be known as RANGE AVENUE BRANCH, both locations within Denham Springs, Livingston Parish, LA, 70726. Filed August 18, 2010 SPRINGHILL BRANCH, proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, be located at 15 West I-65 Service Road North, Mobile, Mobile County, AL, 36606. Filed August 18, 2010 FAIRHOPE BRANCH, proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 22530 US Highway 98, Suite 100, Fairhope, Baldwin County, AL, 36532. Filed/Approved August 19, 2010 Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to close its LAMAR BRANCH located at 200 South Lamar Street, Jackson, Hinds County, MS, 39225. CHANGES OF LOCATION/CONSOLIDATIONS No Activity LOAN or TRUST PRODUCTION OFFICES Filed August 17, 2010 BAYOU REGION LOAN PRODUCTION OFFICE proposed by Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, to be located at 435 Corporate Drive, Suite 102, Houma, Terrebonne Parish, LA, 70360. SUBSIDIARIES Filed August 5, 2010 Marion State Bank, Marion, Union Parish, LA, proposes to acquire a subsidiary, M S B INSURANCE AND FINANCIAL SERVICES, L.L.C., to be located at 718 Sterlington Highway, Farmerville, Union Parish, LA, 71241.
MONTHLY BULLETIN - August 2010 Page 3 of 3 Approved August 16, 2010 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to establish a subsidiary, CB&T INSURANCE AGENCY, INC., to be located at 1100 Poydras Street, Suite 100, 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 or pskelton@ofi.la.gov.