Regulatory Alerts2016-06-01
Louisiana Office of Financial Institutions Monthly Bulletin June 2016
The Louisiana Office of Financial Institutions issued its June 2016 Monthly Bulletin to report regulatory actions regarding state-chartered banks and trust companies. The document records the name change of Community Trust Bank to Origin Bank and approves Bank of Montgomery's application to purchase assets from Tri-State Bank and Trust. Additionally, it details the opening, relocation, and closure of various loan production offices by Crescent Bank & Trust, Liberty Bank, and Patterson State Bank across multiple states.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN JUNE 2016
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective October 8, 2015 Community Trust Bank, Choudrant, Lincoln Parish, LA, changed its name to Origin Bank.
Filed June 2, 2016 Application by Bank of Montgomery, Montgomery, Grant Parish, Louisiana for consent to purchase certain assets and assume the liability to pay deposits in the following branches of Tri-State Bank and Trust, Haughton, Bossier Parish, Louisiana: HAUGHTON BRANCH – 2111 Highway 80 East, Haughton, Bossier Parish, LA, 71037 SHREVEPORT BRANCH – 4321 Youree Drive, Shreveport, Caddo Parish, LA, 71105
BRANCHES Effective June 3, 2016 Ouachita Independent Bank, Monroe, Ouachita Parish, LA, closed its DREW BRANCH located at 1270 Highway 15, West Monroe, Ouachita Parish, LA, 71291.
CHANGES OF LOCATION/CONSOLIDATIONS No Activity
LOAN PRODUCTION OFFICES Effective February 15, 2016 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST PHOENIX LOAN PRODUCTION OFFICE located at 950 West Elliot Road, Suite 122, Tempe, Maricopa County, AZ, 85284.
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) 925-2592 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 – JUNE 2016 PAGE 2
LOAN PRODUCTION OFFICES – (continued) Effective April 6, 2016 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST LAS VEGAS LOAN PRODUCTION OFFICE located at 2030 East Flamingo Road, Suite 125, Las Vegas, Clark County, NV, 89119.
Effective May 13, 2016 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST ST. LOUIS LOAN PRODUCTION OFFICE located at 2190 South Mason Road, Suite 311, St. Louis, St. Louis County, MO, 63131.
Effective May 31, 2016 Patterson State Bank, Patterson, St. Mary Parish, LA, relocated its PATTERSON STATE BANK LOAN PRODUCTION OFFICE from 594 Asbury Drive, Suite A to 594 Asbury Drive, Suite B, both located within Mandeville, St. Tammany Parish, LA, 70471.
Filed/Approved June 1, 2016 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST SLIDELL LOAN PRODUCTION OFFICE located at 106A-13 Gause Boulevard, West, Unit 1, Slidell, St. Tammany Parish, LA, 70460.
Filed June 2, 2016 CRESCENT BANK & TRUST PORTLAND LOAN PRODUCTION OFFICE proposed by Crescent Bank & Trust Company, New Orleans, Orleans Parish, LA, to be located at 9900 SW Greenburg Road, Suite 285, Tigard, Washington County, OR, 97223.
Filed/Approved June 27, 2016 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its CRESCENT BANK & TRUST MONROE LOAN PRODUCTION OFFICE from 1816 Glenmar Avenue, Suite 2 to 1904 Stubbs Avenue, Suite A, Monroe, Ouachita Parish, LA, 71201.
Filed/Approved June 27, 2016 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST LUBBOCK LOAN PRODUCTION OFFICE located at 3223 South Loop 298, Suite 430, Lubbock, Lubbock County, TX, 79423.
Filed June 28, 2016 VICKSBURG LOAN PRODUCTION OFFICE proposed by Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 1905B Mission 66, Suite 1, Vicksburg, Warren County, MS, 39180.
SUBSIDIARIES No Activity
MONTHLY BULLETIN – JUNE 2016 PAGE 3
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.