Regulatory Alerts2015-04-01
Louisiana Office of Financial Institutions Monthly Bulletin April 2015
The Louisiana Office of Financial Institutions issued its April 2015 Monthly Bulletin to report on regulatory actions regarding bank mergers, branch openings, and location changes. The document details the effective mergers of United Community Bank into Community Bank, Old Florida Bancshares into IBERIABANK, and American Gateway Bank into Business First Bank. It also records the opening of new branches by Community Trust Bank and JD Bank, the closure of an Iberville Bank branch, and several relocations of existing banking and loan production offices across Louisiana and Texas.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
APRIL 2015
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective March 20, 2015 @ 11:59 p.m. United Community Bank, Gonzales, Ascension Parish, LA, merged with and into Community Bank, Raceland, Lafourche Parish, LA, under the Charter of Community Bank and with the Title: United Community Bank, domiciled in Raceland, Lafourche Parish, LA, and established the existing offices of United Community Bank as branches of the surviving bank with the Title: United Community Bank.
Effective March 31, 2015 @ 4:02 p.m. Central Standard Time Old Florida Bancshares, Inc. (a Florida corporation), Orlando, Florida, merged with and into IBERIABANK, Lafayette, Louisiana, and immediately thereafter, merged Old Florida Bank (a Florida State-chartered bank) and New Traditions Bank (a Florida State-chartered bank), both located in Orlando, Orange County, Florida, with and into IBERIABANK, Lafayette, Lafayette Parish, Louisiana, under the Charter of and with the Title: IBERIABANK, domiciled in Lafayette, Louisiana, and established the existing offices of Old Florida Bank and New Traditions Bank as branches of IBERIABANK.
Effective March 31, 2015 @ 11:59 p.m. American Gateway Bank, Baton Rouge, East Baton Rouge Parish, LA, merged with and into Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, under the Charter of and with the Title: Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, and established the existing offices of American Gateway Bank as branches of Business First Bank.
Filed April 22, 2015 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.
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 – APRIL 2015 PAGE 2
BRANCHES Effective January 5, 2015 Community Trust Bank, Choudrant, Lincoln Parish, LA, opened its FORT WORTH FINANCIAL CENTER located at 500 Throckmorton Street, Suite 350, Fort Worth, Tarrant County, TX, 76102.
Effective February 2, 2015 JD Bank, Jennings, Jefferson Davis Parish, LA, opened its NORTH LEWIS STREET OFFICE located at 529 North Lewis Street, New Iberia, Iberia Parish, LA, 70560.
Effective February 2, 2015 JD Bank, Jennings, Jefferson Davis Parish, LA, opened its VEROT SCHOOL ROAD OFFICE located at 300 Verot School Road, Lafayette, Lafayette Parish, LA, 70508.
Effective February 17, 2015 Sabine State Bank and Trust Company, Many, Sabine Parish, LA, opened its DOWNTOWN DERIDDER BRANCH located at 395 East First Street, DeRidder, Beauregard Parish, LA, 70634. [Originally filed with the address of 336 Mahlon Street.]
Effective February 27, 2015 @ 5:30 p.m. Iberville Bank, Plaquemine, Iberville Parish, LA, closed its PLAZA BRANCH located at 59405 Belleview Road, Plaquemine, Iberville Parish, LA, 70764.
Filed April 8, 2015 DESTIN MAIN STREET BRANCH proposed by First NBC Bank, New Orleans, Orleans Parish, LA, to be located at 125 Main Street, Destin, Okaloosa County, FL, 32541.
Filed April 8, 2015 MIRAMAR BEACH 98 BRANCH proposed by First NBC Bank, New Orleans, Orleans Parish, LA, to be located at 9637 U S Highway 98, Miramar Beach, Walton County, FL, 32550.
Filed April 30, 2015 STERLINGTON BRANCH proposed by Guaranty Bank and Trust Company of Delhi, Delhi, Richland Parish, LA, to be located at 7458 Highway 165 North, Monroe, Ouachita Parish, LA, 71203.
CHANGES OF LOCATION/CONSOLIDATIONS Effective September 24, 2014 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, relocated 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.
MONTHLY BULLETIN – APRIL 2015 PAGE 3
CHANGES OF LOCATION/CONSOLIDATIONS – (continued) Effective November 3, 2014 IBERIABANK, Lafayette, Lafayette Parish, LA, relocated its GRETNA BRANCH from 201 Huey P. Long Avenue to 1011 4th Street (a distance of approximately 0.3 miles), both locations within Gretna, Jefferson Parish, LA, 70053. [Originally filed with the address to 1009 4th Street.]
Effective December 8, 2014 Red River Bank, Alexandria, Rapides Parish, LA, relocated its PERKINS ROAD BANKING CENTER from 9655 Perkins Road, Suite G [70810] to 5063 Essen Lane [70809] (a distance of approximately 1.8 miles), both locations within Baton Rouge, East Baton Rouge Parish, LA, and changed its name to ESSEN LANE BANKING CENTER.
Effective January 20, 2015 Community First Bank, New Iberia, Iberia Parish, LA, relocated its LOREAUVILLE BRANCH from 202 South Main Street to 302 North Main Street (a distance of approximately 0.6 miles), both locations within Loreauville, Iberia Parish, LA, 70552.
Effective February 9, 2015 Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, relocated its PRAIRIEVILLE BRANCH from 38567 Highway 42 to 17122 Commerce Centre Drive (a distance of approximately 1.3 miles), both locations within Prairieville, Ascension Parish, LA, 70769.
LOAN or TRUST PRODUCTION OFFICES Effective December 9, 2014 Community Trust Bank, Choudrant, Lincoln Parish, LA, opened its RED OAK MORTGAGE LOAN PRODUCTION OFFICE located at 204 North I-35E, Suite A, Red Oak, Ellis County, TX, 75154.
Effective December 22, 2014 Citizens Progressive Bank, Winnsboro, Franklin Parish, LA, opened its CITIZENS PROGRESSIVE BANK LOAN PRODUCTION OFFICE located at 809 Julia Street, Suite B, Rayville, Richland Parish, LA, 71269.
Effective February 2, 2015 JD Bank, Jennings, Jefferson Davis Parish, LA, closed its JD BANK LAFAYETTE LOAN PRODUCTION OFFICE located at 603 Silverstone, Suite 103, Lafayette, Lafayette Parish, LA, 70508, due to the opening of its VEROT SCHOOL ROAD OFFICE (see above).
Closed File February 2, 2015 JD BANK NEW IBERIA LOAN PRODUCTION OFFICE proposed by JD Bank, Jennings, Jefferson Davis Parish, LA, to be located at 529 Lewis Street, New Iberia, Iberia Parish, LA, 70563.
MONTHLY BULLETIN – APRIL 2015 PAGE 4
LOAN or TRUST PRODUCTION OFFICES – (continued) Effective March 20, 2015 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, relocated its CRESCENT BANK & TRUST HOUSTON LOAN PRODUCTION OFFICE from 17350 SH 249, Suite 250 [77064] to 7915 FM-1960 West, Suite 110 [77070], both located within Houston, Harris County, TX.
SUBSIDIARIES Effective March 5, 2015 Citizens Bank & Trust Company, Plaquemine, Iberville Parish, LA, established a subsidiary, CITIZENS PROPERTIES, LLC, located at 57910 Main Street, Plaquemine, Iberville Parish, LA, 70764.
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.