2019-02-01
The Louisiana Office of Financial Institutions issued its February 2019 Monthly Bulletin to record regulatory actions regarding bank holding companies, branches, and loan production offices. The document details Jonesboro Bancshares, Inc. becoming a one-bank holding company through a statutory share exchange with Jonesboro State Bank effective January 18, 2019. It further lists the opening, closing, relocation, and consolidation of various bank branches and loan production offices across Louisiana and neighboring states, with specific approvals and effective dates ranging from late 2018 to February 2019.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN FEBRUARY 2019
BANK HOLDING COMPANIES Effective January 18, 2019 Jonesboro Bancshares, Inc., Jonesboro, Jackson Parish, LA, became a one-bank holding company by acquiring control of 100% of the issued and outstanding stock of Jonesboro State Bank, Jonesboro, Jackson Parish, LA, pursuant to Section 3(a)(1) of the BHC Act of 1956, as amended.
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective January 18, 2019 @ 5:01 p.m. Jonesboro State Bank, Jonesboro, Jackson Parish, Louisiana, engaged in a statutory share exchange with Jonesboro Bancshares, Inc., whereby Jonesboro Bancshares, Inc., became a one-bank holding company.
BRANCHES Effective January 30, 2019 Gibsland Bank & Trust Company, Gibsland, Bienville Parish, LA, opened its LINE AVENUE BRANCH located at 3400 Line Avenue, Shreveport, Caddo Parish, LA, 71106.
Effective January 31, 2019 Cross Keys Bank, St. Joseph, Tensas Parish, LA, closed its BOSSIER CITY BUSINESS CENTER located at 5015 Shed Road, Suite 100, Bossier City, Bossier Parish, LA, 71111.
Effective January 31, 2019 Merchants & Farmers Bank & Trust Company, Leesville, Vernon Parish, LA, opened its VINTON BRANCH located at 1400 Fancher Street, Vinton, Calcasieu Parish, LA, 70668. [Originally filed with the address of 1707 West Highway 90.]
Approved February 11, 2019 MONROE BRANCH proposed by Guaranty Bank and Trust Company of Delhi, Delhi, Richland Parish, LA, to be located at 1220 North 18th Street, Monroe, Ouachita Parish, LA, 71201.
File/Approved February 12, 2019 Pedestal Bank, Houma, Terrebonne Parish, LA, proposes to close its EUNICE DRIVE-IN BRANCH located at 2301 West Laurel Avenue, Eunice, St. Landry Parish, LA, 70535.
MONTHLY BULLETIN – FEBRUARY 2019 PAGE 2
BRANCHES – (continued) File/Approved February 12, 2019 Pedestal Bank, Houma, Terrebonne Parish, LA, proposes to close its JANE STREET BRANCH located at 1407 Jane Street, New Iberia, Iberia Parish, LA, 70563.
CHANGES OF LOCATION/CONSOLIDATIONS Effective January 2, 2019 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, relocated its MAIN OFFICE from 321 Saint Charles Avenue [70130] to 1001 Julia Street, Suite 112A [70113] (a distance of approximately 0.6 miles), both locations within New Orleans, Orleans Parish, Louisiana. [Originally filed with the address of Unit 12.]
Filed/Approved February 27, 2019 First Guaranty Bank, Hammond, Tangipahoa Parish, LA, proposes to consolidate its BERRYLAND BRANCH located at 105 Berryland with the PONCHATOULA BANKING CENTER located at 500 West Pine Street (a distance of approximately 0.5 miles), both locations within Ponchatoula, Tangipahoa Parish, LA, 70454.
LOAN PRODUCTION OFFICES Effective December 5, 2017 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, relocated its PICAYUNE LOAN PRODUCTION OFFICE from 219 Telly Road, Suite A to 1620 U. S. Highway 11 North, Suite D, both located within Picayune, Pearl River County, MS, 39466.
Effective January 1, 2018 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, closed its JACKSON LOAN PRODUCTION OFFICE located at 111 Colony Crossing, Suite 110, Madison, Madison County, MS, 39110.
Effective January 31, 2018 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, closed its TREETOPS-FLOWOOD CRYE LEIKE LOAN PRODUCTION OFFICE located at 2050 Treetops Boulevard, Suite 100, Flowood, Rankin County, MS, 39232.
Effective March 1, 2018 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, relocated its VICKSBURG LOAN PRODUCTION OFFICE from 2170 South Frontage Road, Suite 2 to 120 Holt Collier Drive, Suite A, both located within Vicksburg, Warren County, MS, 39180.
MONTHLY BULLETIN – FEBRUARY 2019 PAGE 3
LOAN PRODUCTION OFFICES – (continued) Effective March 26, 2018 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, opened its BILOXI LOAN PRODUCTION OFFICE located at 2434-A Pass Road, Biloxi, Harrison County, MS, 39531. [Originally filed with the address of 2432-A Pass Road.]
Effective June 1, 2018 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, relocated its ORANGE BEACH LOAN PRODUCTION OFFICE from 4098 Orange Beach Boulevard to 4776 Main Street, L-211 (a distance of approximately 3.9 miles), both located within Orange Beach, Baldwin County, AL, 36561.
Effective June 1, 2018 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, relocated its SHREVEPORT 2 LOAN PRODUCTION OFFICE from 7591 Fern Avenue, Suite 1202 [71105] to 9242 Ellerbe Road, Suite 100 [71106] (a distance of approximately 3.6 miles), both located within Shreveport, Caddo Parish, LA.
Effective October 1, 2018 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST ORLANDO LOAN PRODUCTION OFFICE located at 5850 T. G. Lee Boulevard, Suite 145, Orlando, Orange County, FL, 32822.
Effective October 8, 2018 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, relocated its CRESCENT BANK & TRUST JACKSONVILLE LOAN PRODUCTION OFFICE from 9485 Regency Square Boulevard, Suite 102 to 9485 Regency Square Boulevard, Suite 104, both located within Jacksonville, Duval County, FL 32225.
Effective January 7, 2019 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST TAMPA LOAN PRODUCTION OFFICE located at 5421 Beaumont Center Boulevard, Suite 675, Tampa, Hillsborough County, FL, 33634.
Approved February 5, 2019 BANK OF ZACHARY LOAN PRODUCTION OFFICE proposed by Bank of Zachary, Zachary, East Baton Rouge Parish, LA, to be located at 348 Veterans Boulevard, Denham Springs, Livingston Parish, LA, 70726.
Approved February 6, 2019 SAVANNAH LOAN PRODUCTION OFFICE proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 100 Bull Street, Suite 200, Savannah, Chatham County, GA, 31401.
MONTHLY BULLETIN – FEBRUARY 2019 PAGE 4
LOAN PRODUCTION OFFICES – (continued) Approved February 19, 2019; Filed February 4, 2019 OCEAN SPRINGS LOAN PRODUCTION OFFICE proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 611 Jackson Avenue, Ocean Springs, Jackson County, MS, 39564.
Filed/Approved February 25, 2019 Gulf Coast Bank & Trust Company, New Orleans, Orleans Parish, LA, proposes to relocate its GULF COAST BANK MORTGAGE DESTIN LOAN PRODUCTION OFFICE from 200 Calusa Boulevard, Unit 102, Destin [32541] to 495 Grand Boulevard, Suite 225, Miramar Beach [32550], both within Walton County, FL.
Filed/Approved February 27, 2019 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA proposes to close its FLOWOOD LOAN PRODUCTION OFFICE located at 254 Katherine Drive, Suite C, Flowood, Rankin County, MS, 39232.
Filed February 27, 2019 RIDGELAND LOAN PRODUCTION OFFICE proposed by Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, to be located at 198 Charmont Drive, Suite 4, Ridgeland, Madison County, MS, 39157.
SUBSIDIARIES No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.