Regulatory Alerts2020-01-01
Louisiana Office of Financial Institutions Monthly Bulletin January 2020
The Louisiana Office of Financial Institutions issued its January 2020 Monthly Bulletin detailing regulatory actions for state-chartered banks and thrifts. The document records the name change of Business First Bank to b1BANK, the approval of IBERIABANK Corporation's merger with First Horizon National Corporation, and various branch openings, closures, and relocations. Additionally, it lists proposed and approved changes to loan production offices and new branch locations for institutions such as Bank of Oak Ridge, Evangeline Bank & Trust Company, and Red River Bank.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN JANUARY 2020
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective December 1, 2019 @ 12:01 a.m. Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, changed its name to b1BANK.
Approved January 17, 2020; Filed January 8, 2020 Proposed Merger of IBERIABANK Corporation, Lafayette, LA, with and into First Horizon National Corporation (a Tennessee corporation), Memphis, TN, and immediately thereafter, merge IBERIABANK, Lafayette, Lafayette Parish, LA, with and into First Horizon Bank (a Tennessee state bank), Memphis, Shelby County, TN, under the Charter of and with the Title: First Horizon Bank, domiciled in Memphis, TN, and to establish the existing offices of IBERIABANK as branches of First Horizon Bank.
BRANCHES Effective September 11, 2019 Bank of Oak Ridge, Oak Ridge, Morehouse Parish, LA, opened its MONROE BRANCH located at 2360 Tower Drive, Suite 107, Monroe, Ouachita Parish, LA 71201. [Originally filed with the address of 1888 Hudson Circle, Suite 12.]
Effective November 20, 2019 Progressive Bank, Monroe, Ouachita Parish, LA, opened its ELLERBE ROAD FINANCIAL CENTER located at 9405 Ellerbe Road, Shreveport, Caddo Parish, LA 71106.
Effective December 31, 2019 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, closed its PONCHATOULA BRANCH located at 1639 Highway 51 North, Ponchatoula, Tangipahoa Parish, LA 70454.
Filed January 8, 2020 EAST ADMIRAL DOYLE DRIVE OFFICE proposed by JD Bank, Jennings, Jefferson Davis Parish, LA, to be located at 631 East Admiral Doyle Drive, New Iberia, Iberia Parish, LA 70560.
MONTHLY BULLETIN – JANUARY 2020 PAGE 2
BRANCHES – (continued) Filed January 24, 2020 OPELOUSAS BRANCH proposed by The Evangeline Bank & Trust Company, Ville Platte, Evangeline Parish, LA, to be located at 930 South Union Street, Opelousas, St. Landry Parish, LA 70570.
Filed January 24, 2020 LAFAYETTE BRANCH proposed by The Evangeline Bank & Trust Company, Ville Platte, Evangeline Parish, LA, to be located at 102 Versailles Boulevard, Lafayette, Lafayette Parish, LA 70501.
Filed January 24, 2020 LAKE CHARLES BRANCH proposed by The Evangeline Bank & Trust Company, Ville Platte, Evangeline Parish, LA, to be located at 4251 Nelson Road, Lake Charles, Calcasieu Parish, LA 70605.
Filed January 29, 2020 SULPHUR BANKING CENTER proposed by Red River Bank, Alexandria, Rapides Parish, LA, to be located at 1500 Beglis Parkway, Sulphur, Calcasieu Parish, LA 70663.
CHANGES OF LOCATION/CONSOLIDATIONS Effective April 1, 2019 IBERIABANK, Lafayette, Lafayette Parish, LA, relocated 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 September 11, 2019 Bank of Oak Ridge, Oak Ridge, Morehouse Parish, LA, closed its BANK OF OAK RIDGE MONROE LOAN PRODUCTION OFFICE located at 1888 Hudson Circle, Suite 12, Monroe, LA 71201, due to the opening of its MONROE BRANCH (see above).
Effective November 25, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST TACOMA LOAN PRODUCTION OFFICE located at 33801 1st Way South, Suite 211, Federal Way, King County, WA 98003.
Effective November 25, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST ST. LOUIS LOAN PRODUCTION OFFICE located at 2190 South Mason Road, Suite 311, St. Louis, St. Louis County, MO 63131.
MONTHLY BULLETIN – JANUARY 2020 PAGE 3
LOAN PRODUCTION OFFICES – (continued) Approved January 23, 2020; Filed January 7, 2020 GULF COAST BANK AND TRUST MINNEAPOLIS LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 8011 34th Avenue South, Two Appletree Square, #205, Bloomington, Hennepin County, MN 55425.
Filed/Approved January 28, 2020 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to relocate its HATTIESBURG LOAN PRODUCTION OFFICE from 8 Woodstone Plaza Drive, Suite 5 to 7 Woodstone Plaza Drive, Suite 6, both located within Hattiesburg, Pike County, MS 39402.
SUBSIDIARIES No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.