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.
MONTHLY BULLETIN - November 2011 Page 1 of 2 STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA MONTHLY BULLETIN November 2011 BANK HOLDING COMPANIES No Activity BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective November 3, 2011 @ 5:00 p.m. Citizens Bank & Trust Company, Springhill, Webster Parish, LA, merged with and into Citizens National Bank, N.A., Bossier City, Bossier Parish, LA, under the Charter of and with the Title: Citizens National Bank, N.A., domiciled in Bossier City, Bossier Parish, LA, and established the existing offices of Citizens Bank & Trust Company as branches of Citizens National Bank, N.A. Effective November 7, 2011 @ 5:00 p.m. Citizens Bank & Trust Company, Springhill, Webster Parish, LA, merged with and into Citizens National Bank, N.A., Bossier City, Bossier Parish, LA, under the Charter of and with the Title: Citizens National Bank, N.A., domiciled in Bossier City, Bossier Parish, LA, and established the existing offices of Citizens Bank & Trust Company as branches of Citizens National Bank, N.A. Approved November 14, 2011 Application by Southern Heritage Bank, Jonesville, Catahoula Parish, Louisiana, to engage in a statutory share exchange with SHB Bancorp, Inc., whereby SHB Bancorp, Inc., will become a one-bank holding company. BRANCHES Filed/Approved November 9, 2011 St. Landry Bank and Trust Company, Opelousas, St. Landry Parish, LA, proposes to close its WAL*MART BRANCH located at 1629 East Creswell Lane, Suite 1, Opelousas, St. Landry Parish, LA, 70570. Approved November 29, 2011; Filed November 10, 2011 POPLAR BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 4894 Poplar Avenue, Memphis, Shelby County, TN, 38117. Approved November 29, 2011 GRAND POINT BRANCH proposed by Farmers-Merchants Bank & Trust Company, Breaux Bridge, St. Martin Parish, LA, to be located at 2829 Grand Point Highway, Breaux Bridge, St. Martin Parish, LA, 70517.
MONTHLY BULLETIN - November 2011 Page 2 of 2 Approved November 29, 2011; Filed November 10, 2011 MOUNTAIN BROOK BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 2824 Cahaba Road, Birmingham, Jefferson County, AL, 35223. Filed November 29, 2011 CAMP BOWIE BANKING CENTER proposed by Community Trust Bank, Choudrant, Lincoln Parish, LA, to be located at 5800 Camp Bowie Boulevard, Fort Worth, Tarrant County, TX, 76107. Filed November 29, 2011 GRAND POINT BRANCH proposed by Farmers-Merchants Bank & Trust Company, Breaux Bridge, St. Martin Parish, LA, to be located at 2829 Grand Point Highway, Breaux Bridge, St. Martin Parish, LA, 70517. Filed November 30, 2011 CLEARY BRANCH proposed by First NBC Bank, New Orleans, Orleans Parish, LA, to be located at 3900 Veterans Boulevard, Metairie, Jefferson Parish, LA, 70002. CHANGES OF LOCATION/CONSOLIDATIONS No Activity LOAN or TRUST PRODUCTION OFFICES Filed November 18, 2011 BREAUX BRIDGE LOAN PRODUCTION OFFICE proposed by Teche Bank and Trust Company, St. Martinville, St. Martin Parish, LA, to be located at 445 East Mills Avenue, Suite A101, Breaux Bridge, St. Martin Parish, LA, 70517. Filed November 28, 2011 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to establish a subsidiary, ASSET POOL 26, LLC, to be located at 200 Saint Charles Avenue, New Orleans, Orleans Parish, LA, 70130. Approved November 30, 2011 The Peoples State Bank, Many, Sabine Parish, LA, proposes to establish a subsidiary, MAGNOLIA STATE MORTGAGE, LLC, to be located at 1412 Peterman Drive, Alexandria, Rapides Parish, LA, 71301. TRUST POWERS No Activity OTHER No Activity Any questions should be directed to Pam Skelton at (225) 925-4661 or pskelton@ofi.la.gov.