2020-03-01
The Louisiana Office of Financial Institutions issued its March 2020 Monthly Bulletin detailing regulatory actions regarding bank mergers, branch openings, and closures. The document records the approval of several proposed mergers, including Mississippi River Bank into American Bank & Trust Company and Louisville Development Bancorp into Liberty Financial Services, Inc. Additionally, the bulletin lists the opening of new branches by b1BANK and Bank of Zachary, the closure of multiple Gulf Coast Bank locations, and the relocation of an M C Bank & Trust Company branch.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA 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 MARCH 2020 BANK HOLDING COMPANIES No Activity BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Filed March 10, 2020 Proposed Merger of Mississippi River Bank, Belle Chasse, Plaquemines Parish, LA, with and into American Bank & Trust Company, Covington, St. Tammany Parish, LA, under the Charter of and with the Title: American Bank & Trust Company, Covington, St. Tammany Parish, LA, and to establish the existing offices of Mississippi River Bank as branches of American Bank & Trust Company. Approved March 12, 2020 Proposed Merger of Louisville Development Bancorp, Inc., with and into Liberty Financial Services, Inc., New Orleans, LA, and immediately thereafter, merge Metro Bank, Inc., Louisville, Jefferson County, Kentucky (a Kentucky banking corporation), with and into Liberty Bank and Trust Company, New Orleans, Orleans Parish, Louisiana, under the Charter of and with the Title: Liberty Bank and Trust Company, domiciled in New Orleans, Louisiana, and to establish the sole office of Metro Bank, Inc. as a branch of Liberty Bank and Trust Company. Approved March 31, 2020 Proposed Merger of Pedestal Bancshares, Inc., Houma, Terrebonne Parish, LA, with and into Business First Bancshares, Inc., Baton Rouge, East Baton Rouge Parish, LA, and immediately thereafter, to merge Pedestal Bank, Houma, Terrebonne Parish, LA, with and into b1BANK, Baton Rouge, East Baton Rouge Parish, LA, under the Charter of and with the Title: b1BANK, domiciled in Baton Rouge, East Baton Rouge Parish, LA, and to establish the existing offices of Pedestal Bank as branches of b1BANK. BRANCHES Effective December 9, 2019 b1BANK [formerly Business First Bank], Baton Rouge, East Baton Rouge Parish, LA, opened its HEATH BANKING CENTER located at 1629 Smirl Drive, Suite 102, Heath, Rockwall County, TX 75032. [Originally filed with the address of 1629 Smirl Drive.]
BRANCHES – (continued) Effective January 31, 2020 Gulf Coast Bank, Abbeville, Vermilion Parish, LA, closed its WEST CONGRESS BRANCH located at 711 West Congress, Lafayette, Lafayette Parish, LA 70501. Filed/Approved March 2, 2020 Gulf Coast Bank, Abbeville, Vermilion Parish, LA, proposes to close its WAL*MART BRANCH #531 located at 3142 Ambassador Caffery Parkway, Lafayette, Lafayette Parish, LA 70506. Filed/Approved March 2, 2020 Gulf Coast Bank, Abbeville, Vermilion Parish, LA, proposes to close its WEST PINHOOK BRANCH located at 2428 West Pinhook Road, Lafayette, Lafayette Parish, LA 70508. Effective March 2, 2020 Bank of Zachary, Zachary, East Baton Rouge Parish, LA, opened its WATSON BRANCH located at 32340 LA Highway 16, Denham Springs, Livingston Parish, LA 70726. Approved March 23, 2020 JOHNSTON STREET OFFICE proposed by JD Bank, Jennings, Jefferson Davis Parish, LA, to be located at 3600 Johnston Street, Lafayette, Lafayette Parish, LA 70503. Withdrawn March 31, 2020; Approved March 18, 2020 CAUSEWAY OFFICE proposed by M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, to be located at 3235 North Causeway Boulevard, Metairie, Jefferson Parish, LA 70002. CHANGES OF LOCATION/CONSOLIDATIONS Approved March 20, 2020; Filed March 13, 2020 M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, proposes to relocate its LAFAYETTE BRANCH from 115 Verot School Road to 1911 West Pinhook Road (a distance of approximately 1.1 miles), both locations within Lafayette, Lafayette Parish, LA 70508. LOAN PRODUCTION OFFICES Effective September 30, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST CLEVELAND LOAN PRODUCTION OFFICE located at 4500 Rockside Road, Suite 350, Independence, Cuyahoga County, OH 44131.
LOAN PRODUCTION OFFICES – (continued) Effective September 30, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST DALLAS LOAN PRODUCTION OFFICE located at 5750 Genesis Court, Suite 103, Frisco, Collin County, TX 75034. Effective September 30, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST LAS VEGAS LOAN PRODUCTION OFFICE located at 2030 East Flamingo Road, Suite 125, Las Vegas, Clark County, NV 89119. Effective September 30, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST ALBUQUERQUE LOAN PRODUCTION OFFICE located at 8500 Menaul Boulevard N.E., Suite B275, Albuquerque, Bernalillo County, NM 87112. Effective September 30, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST TULSA LOAN PRODUCTION OFFICE located at Three Memorial Place, 7615 East 63rd Place, Suite 101, Tulsa, Tulsa County, OK 74133. Effective December 15, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST CHESAPEAKE LOAN PRODUCTION OFFICE located at 1434 Crossways Boulevard, Suite 250, Chesapeake, Chesapeake County, VA 23320. SUBSIDIARIES No Activity TRUST POWERS No Activity OTHER No Activity Any questions should be directed to Pam Skelton at (225) 925-4661.