2011-07-01
The Louisiana Office of Financial Institutions issued its July 2011 Monthly Bulletin to report on various banking activities and approvals. The document details the merger of Greensburg Bancshares into First Guaranty Bancshares and approves new branch locations for institutions such as City Savings Bank & Trust and Crescent Bank & Trust. Additionally, it records branch consolidations, relocations of loan production offices, and the establishment of new subsidiaries by Community Trust Bank and Winnsboro State Bank & Trust.
MONTHLY BULLETIN - July 2011 Page 1 of 3 STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA MONTHLY BULLETIN July 2011 BANK HOLDING COMPANIES No Activity BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective July 1, 2011 @ 5:00 p.m. Central Time Greensburg Bancshares, Inc., Greensburg, Louisiana, merged with and into First Guaranty Bancshares, Inc., Hammond, Louisiana, and immediately thereafter, Bank of Greensburg, Greensburg, St. Helena Parish, Louisiana, merged with and into First Guaranty Bank, Hammond, Tangipahoa Parish, Louisiana, under the Charter of and with the Title: First Guaranty Bank, domiciled in Hammond, Louisiana, and established the existing offices of Bank of Greensburg as branches of First Guaranty Bank. BRANCHES Approved July 11, 2011 GRAND LAKE BRANCH proposed by City Savings Bank & Trust Company, DeRidder, Beauregard Parish, LA, to be located at 10085 Gulf Highway, Grand Lake, Cameron Parish, LA, 70607. Approved July 12, 2011 MONROE BRANCH proposed by Crescent Bank & Trust, New Orleans, Orleans Parish, LA, to be located at 1816 Glenmar Avenue, Suite 2, Monroe, Ouachita Parish, LA, 71201. Filed July 15, 2011 SIX MILE BRANCH proposed by Sabine State Bank and Trust Company, Many, Sabine Parish, LA, to be located at 9900 Highway 87 South, Hemphill, Sabine County, TX, 75948. Effective August 1, 2011 Community Trust Bank, Choudrant, Lincoln Parish, LA, opened its FRISCO BANKING CENTER located at 9456 State Highway 121, Frisco, Collin County, TX, 75034.
MONTHLY BULLETIN - July 2011 Page 2 of 3 CHANGES OF LOCATION/CONSOLIDATIONS Effective March 16, 2011 IBERIABANK, Lafayette, Lafayette Parish, LA, consolidated the STELLA MILL BRANCH located at One Stella and Mill Street with the MCMILLAN ROAD BRANCH located at 610 McMillan Road, both locations within West Monroe, Ouachita Parish, LA, 71291. Effective May 5, 2011 Citizens Progressive Bank, Columbia, Caldwell Parish, LA, consolidated the WINNSBORO BRANCH located at 3591 Front Street with the FRONT STREET BRANCH located at 3540 Front Street, both locations within Winnsboro, Franklin Parish, LA, 71295. Filed/Approved July 6, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its CRESCENT BANK & TRUST ORLANDO LOAN PRODUCTION OFFICE from 5950 Hazeltine National Drive, Suite 635 to 5950 Hazeltine National Drive, Suite 265, both located within Orlando, Orange County, FL, 32822. Filed July 7, 2011 IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to relocate its DOWNTOWN JONESBORO DRIVE THRU BRANCH from 209 West Washington to 420 South Main Street (a distance of 0.12 miles), both locations within Jonesboro, Craighead County, AR, 72401. LOAN or TRUST PRODUCTION OFFICES Effective July 1, 2011 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST PENSACOLA LOAN PRODUCTION OFFICE located at 25 West Cedar Street, Suite 105, Pensacola, Escambia County, FL, 32502. Approved July 14, 2011 SHREVEPORT LOAN PRODUCTION OFFICE proposed by Citizens Bank & Trust Company of Vivian, Louisiana, Vivian, Caddo Parish, LA, to be located at 6425 Youree Drive, Suite 580, Shreveport, Caddo Parish, LA, 71105. Approved July 19, 2011; Filed July 6, 2011 BIRMINGHAM LOAN PRODUCTION OFFICE proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 2000-2100 SouthBridge Parkway, Suite 201, Birmingham, Jefferson County, AL, 35209. SUBSIDIARIES Approved July 19, 2011 Community Trust Bank, Choudrant, Lincoln Parish, LA, proposes to acquire a subsidiary, CIMARRON MORTGAGE COMPANY, to be located at 6311 Ridgewood Road, Suite 400W, Jackson, Hinds County, MS, 39211.
MONTHLY BULLETIN - July 2011 Page 3 of 3 Approved/Effective July 20, 2011 Winnsboro State Bank & Trust Company, Winnsboro, Franklin Parish, LA, established a subsidiary, WINNSBORO INSURANCE AGENCY, L.L.C., located at 3875 Front Street, Winnsboro, Franklin Parish, LA, 71295. TRUST POWERS No Activity OTHER No Activity Any questions should be directed to Pam Skelton at (225) 925-4661 or pskelton@ofi.la.gov.