2023-08-01
The Louisiana Office of Financial Institutions issued its August 2023 Monthly Bulletin detailing regulatory actions regarding bank holding companies, mergers, and branch activities. Key transactions include the approval of Peoples Bancshares' merger into Synergy Bancshares, the proposed merger of Heritage NOLA Bancorp into M C Bancshares, and Homeland Bancshares' application to acquire Peoples Bank. The bulletin also records the opening and closing of various bank branches and loan production offices across Louisiana and Texas, alongside specific relocations of banking facilities.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
AUGUST 2023
BANK HOLDING COMPANIES Filed August 14, 2023 Application by Homeland Bancshares, Inc. (a Louisiana corporation), Columbia, Louisiana, to acquire 100% of the issued and outstanding shares of common stock of Peoples Bank, located in Chatham, Jackson Parish, Louisiana, pursuant to R.S. 6:351 et seq. and Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended.
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective August 18, 2023 @ 11:58 p.m. (BHC Merger) Effective August 18, 2023 @ 11:59 p.m. (Bank Merger) Peoples Bancshares of Pointe Coupee Parish, Inc., New Roads, Pointe Coupee Parish, LA, merged with and into Synergy Bancshares, Incorporated, Houma, Terrebonne Parish, LA, and immediately thereafter, merged The Peoples Bank and Trust Company of Pointe Coupee Parish, Louisiana, New Roads, Pointe Coupee Parish, LA, with and into Synergy Bank, Houma, Terrebonne Parish, LA, under the Charter of and with the Title: Synergy Bank, domiciled in Houma, Terrebonne Parish, LA, and established the existing offices of The Peoples Bank and Trust Company of Pointe Coupee Parish, Louisiana, as branches of Synergy Bank.
Filed August 30, 2023 Proposed Merger of Heritage NOLA Bancorp, Inc. (a Maryland corporation), Covington, LA, with and into M C Bancshares, Inc., Morgan City, LA, and immediately thereafter, merge Heritage Bank of St. Tammany (a federal savings bank), Covington, St. Tammany Parish, LA, with and into M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, under the Charter of and with the Title: M C Bank & Trust Company, domiciled in Morgan City, LA, and to establish the existing offices of Heritage Bank of St. Tammany as branches of M C Bank & Trust Company.
BRANCHES Effective July 31, 2023 BOM Bank, Natchitoches, Natchitoches Parish, LA, opened its KINGSVILLE BRANCH located at 53 Pinecrest Drive, Pineville, Rapides Parish, LA 71301.
Effective July 31, 2023 Concordia Bank and Trust Company, Vidalia, Concordia Parish, LA, closed its WILLOW GROVE BRANCH located at 8200 Village Plaza Court, Suite 3A, Baton Rouge, East Baton Rouge Parish, LA 70810.
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.louisiana.gov email: ofila@ofi.louisiana.gov
MONTHLY BULLETIN - AUGUST 2023 PAGE 2
BRANCHES - (continued) Effective July 31, 2023 Concordia Bank and Trust Company, Vidalia, Concordia Parish, LA, opened its ROUZAN BRANCH located at 5032 Perkins Road, Baton Rouge, East Baton Rouge Parish, LA 70808. [Originally filed with the address of Lot F-1, Rouzan Subdivision.]
Filed/Approved August 10, 2023 b1BANK, Baton Rouge, East Baton Rouge Parish, LA, proposes to close its PASADENA BANKING CENTER located at 4949 Fairmont Parkway, Suite 100, Pasadena, Harris County, TX 77505.
Filed/Approved August 25, 2023 b1BANK, Baton Rouge, East Baton Rouge Parish, LA, proposes to close its DALLAS – SPRING VALLEY ROAD BANKING CENTER located at 5220 Spring Valley Road, Suite 100, Dallas, Dallas County, TX 75254.
Filed/Approved August 25, 2023 Resource Bank, Covington, St. Tammany Parish, LA, proposes to close its CENTRAL BUSINESS DISTRICT BRANCH located at 408-412 Magazine Street, New Orleans, Orleans Parish, LA 70130.
Approved August 25, 2023 OLLA BRANCH proposed by Caldwell Bank and Trust Company, Columbia, Caldwell Parish, LA, to be located at 3271 Main Street, Olla, LaSalle Parish, LA 71465.
CHANGES OF LOCATION/CONSOLIDATIONS Effective August 14, 2023 M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, relocated its BAYOU VISTA BRANCH from 530 Southeast Boulevard, Bayou Vista to 1305 Southeast Boulevard, Morgan City (a distance of approximately 0.5 miles), both locations within St. Mary Parish, LA 70380.
Filed August 18, 2023 State Bank & Trust Company, Golden Meadow, Lafourche Parish, LA, proposes to relocate its MAIN OFFICE from 1614 South Bayou Drive to 176 Washington Street (a distance of approximately 0.5 miles), both locations within Golden Meadow, Lafourche Parish, LA 70357.
Approved August 25, 2023; Filed August 18, 2023 Bank of Zachary, Zachary, East Baton Rouge Parish, LA, proposes to relocate its CENTRAL BRANCH from 13444 Hooper Road [Baton Rouge] to 14395 Grand Settlement Boulevard [Central] (a distance of approximately 0.5 miles), both locations within East Baton Rouge Parish, LA 70818.
MONTHLY BULLETIN - AUGUST 2023 PAGE 3
LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs Effective July 31, 2023 Origin Bank, Choudrant, Lincoln Parish, LA, opened its KIRBY LOAN AND DEPOSIT PRODUCTION OFFICE located at 2701 Kirby Drive, Houston, Harris County, TX 77098.
No Objection August 1, 2023 CITIZENS BANK & TRUST LOAN PRODUCTION OFFICE – BATON ROUGE proposed by Citizens Bank & Trust Company, Plaquemine, Iberville Parish, LA, to be located at 7656 Jefferson Highway, Suite 1A, Baton Rouge, East Baton Rouge Parish, LA 70809.
Effective August 7, 2023 Bank of Oak Ridge, Oak Ridge, Morehouse Parish, LA, opened its BANK OF OAK RIDGE WEST MONROE LOAN AND DEPOSIT PRODUCTION OFFICE located at 3711 Cypress Street, Suite 4, West Monroe, Ouachita Parish, LA 71291.
Effective August 14, 2023; No Objection August 9, 2023 Gibsland Bank & Trust Company, Gibsland, Bienville Parish, LA, opened its RUSTON LOAN AND DEPOSIT PRODUCTION OFFICE located at 207 West Alabama, Ruston, Lincoln Parish, LA 71270.
SUBSIDIARIES Applications No Activity
Notice-Only Effective July 7, 2021 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, established a subsidiary, SEVENOAKS CAPITAL ASSOCIATES, 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 Renee LeBlanc at (225) 925-4201.