2011-11-01
The Louisiana Office of Financial Institutions issued its November 2011 Monthly Bulletin to report on regulatory actions regarding state-chartered banks and trust companies. The document details the merger of Citizens Bank & Trust Company into Citizens National Bank, N.A., and the approval of Southern Heritage Bank's statutory share exchange to form a one-bank holding company. Additionally, the bulletin lists approved and filed applications for new branch openings, branch closures, and the establishment of loan production offices and subsidiaries across Louisiana and neighboring states.