Regulatory Alerts2014-08-01
Monthly Bulletin — August 2014
The Louisiana Office of Financial Institutions issued its August 2014 Monthly Bulletin to report on various banking regulatory activities including mergers, branch openings, and relocations. The document details proposed mergers involving Ouachita Bancshares and CPB Bancshares, while noting the withdrawal of the Ouachita-BancorpSouth merger application. It also records the opening of new branches by Investar Bank and Commercial Capital Bank, the closure of a Community Bank branch, and several relocations and subsidiary filings by institutions such as Crescent Bank & Trust and Fidelity Homestead Savings Bank.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
AUGUST 2014
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Withdrawn August 11, 2014 Proposed Merger of Ouachita Bancshares Corp., Monroe, LA, with and into BancorpSouth, Inc. (a Mississippi corporation), Tupelo, MS, and immediately thereafter, merge Ouachita Independent Bank, Monroe, Ouachita Parish, LA, with and into BancorpSouth Bank (a Mississippi state bank), Tupelo, Lee County, MS, under the Charter of and with the Title: BancorpSouth Bank, domiciled in Tupelo, MS, and to establish the existing offices of Ouachita Independent Bank as branches of BancorpSouth Bank.
Filed August 14, 2014 Proposed Merger of CPB Bancshares, Inc., Church Point, LA, with and into St. Martin Bancshares, Inc., St. Martinville, LA, and immediately thereafter, merge Church Point Bank and Trust Company, Church Point, Acadia Parish, LA, with and into St. Martin Bank & Trust Company, St. Martinville, St. Martin Parish, LA, under the Charter of and with the Title: St. Martin Bank & Trust Company, St. Martinville, St. Martin Parish, LA, and to establish the sole office of Church Point Bank and Trust Company as a branch of St. Martin Bank & Trust Company.
BRANCHES Effective August 1, 2014 Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its HIGHLAND MARKET DRIVE BRANCH located at 18101 Highland Market Drive, Baton Rouge, East Baton Rouge Parish, LA, 70810.
Effective August 11, 2014 Community Bank, Raceland, Lafourche Parish, LA, closed its LOCKPORT BRANCH located at 813 Crescent Avenue, Lockport, Lafourche Parish, LA, 70374.
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: ofi@ofi.louisiana.gov
MONTHLY BULLETIN – AUGUST 2014 PAGE 2
BRANCHES – (continued) Approved August 14, 2014 BASTROP BRANCH proposed by Commercial Capital Bank, Delhi, Richland Parish, LA, to be located at 2126 East Madison Avenue, Bastrop, Morehouse Parish, LA, 71220.
Effective August 15, 2014 Cross Keys Bank, St. Joseph, Tensas Parish, LA, moved its FERN AVENUE OFFICE CENTER into its permanent location located at 8740 Quimper Place, Shreveport, Caddo Parish, LA, 71105, known as SHREVEPORT BUSINESS CENTER.
Filed August 19, 2014 BINGHAMTON BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 2504 Poplar Avenue, Memphis, Shelby County, TN, 38112.
CHANGES OF LOCATION/CONSOLIDATIONS Filed August 4, 2014 Community Trust Bank, Choudrant, Lincoln Parish, LA, proposes to relocate its FORT WORTH FINANCIAL CENTER from 3000 West 7th Street, Suite 120 to 500 Throckmorton Street, Suite 350 (a distance of approximately 1.9 miles), both locations within Fort Worth, Tarrant County, TX, 76107.
Approved August 20, 2014 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its COVINGTON BRANCH from 106 Park Place, Suite 115 to 50 Louis Prima Drive (a distance of approximately 0.4 miles), both locations with Covington, St. Tammany Parish, LA, 70433.
Filed August 21, 2014 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to relocate its GRETNA BRANCH from 201 Huey P. Long Avenue to 1009 4th Street (a distance of approximately 0.3 miles), both locations within Gretna, Jefferson Parish, LA, 70053.
LOAN PRODUCTION OFFICES Effective July 1, 2014 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST ALBUQUERQUE LOAN PRODUCTION OFFICE located at 8500 Menaul Boulevard, N.E., Suite B275, Albuquerque, Bernalillo County, NM, 87112.
Effective July 16, 2014 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST NEW YORK LOAN PRODUCTION OFFICE located at One Huntington Quadrangle, Suite 1N10, Melville, Suffolk County, NY, 11747.
MONTHLY BULLETIN – AUGUST 2014 PAGE 3
LOAN PRODUCTION OFFICES – (continued) Filed/Approved August 21, 2014 Fidelity Homestead Savings Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to close the following loan production offices: FRANKLIN LOAN PRODUCTION OFFICE – 3351 Aspen Grove Drive, Suite 340, Franklin, Williamson County, TN, 37067 MEMPHIS LOAN PRODUCTION OFFICE – Regus-Triad Centre I, 6000 Poplar Avenue, Memphis, Shelby County, TN, 38119 MURFREESBORO LOAN PRODUCTION OFFICE – 232 Heritage Park Drive, Suite 106, Murfreesboro, Rutherford County, TN, 37129 SOUTHHAVEN LOAN PRODUCTION OFFICE - 3964 Goodman Road, Suite 105, Southhaven, DeSoto County, MS, 38672
SUBSIDIARIES Withdrawn August 18, 2014 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to establish a subsidiary, GULF NATIONAL HTC, LLC, to be 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 Pam Skelton at (225) 925-4661.