Report · OFI · 1 Dec 2018
The Louisiana Office of Financial Institutions issued its December 2018 Monthly Bulletin detailing regulatory actions regarding bank mergers, branch openings, and closures. Key approvals included the effective merger of Richland State Bancorp into Business First Bancshares and the proposed merger of Mainland Bank into Investar Bank. The bulletin also recorded various operational changes, such as the opening of new branches by Business First Bank and Investar Bank, the relocation of several branches, and the closure of specific loan production offices.
STATE OF LOUISIANA
OFFICE OF FINANCIAL INSTITUTIONS
BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
DECEMBER 2018
BANK HOLDING COMPANIES
No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective November 30, 2018 @ 11:58 p.m. [BHC Merger] Effective November 30, 2018 @ 11:59 p.m. [Bank Merger] Richland State Bancorp, Inc., Rayville, Richland Parish, LA, merged with and into Business First Bancshares, Inc., Baton Rouge, East Baton Rouge Parish, LA, and immediately thereafter, merged The Richland State Bank, Rayville, Richland Parish, LA, with and into Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, under the Charter of and with the Title: Business First Bank, domiciled in Baton Rouge, East Baton Rouge Parish, LA, and established the existing offices of The Richland State Bank as branches of Business First Bank.
Filed December 6, 2018
Proposed merger of Mainland Bank (a Texas State-chartered Bank), Texas City, Galveston County, Texas, with and into Investar Bank, Baton Rouge, East Baton Rouge Parish, Louisiana, under the Charter of and with the Title: Investar Bank, domiciled in Baton Rouge, Louisiana, and to establish the existing offices of Mainland Bank as branches of Investar Bank.
BRANCHES
Effective May 7, 2018
Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its SPRING VALLEY ROAD BANKING CENTER located at 5220 Spring Valley Road, Suite 100, Dallas, Dallas County, TX, 75254.
Effective June 4, 2018
Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its METAIRIE ROAD BANKING CENTER located at 2328 Metairie Road, Suite 100, Metairie, Jefferson Parish, LA, 70001.
Effective September 14, 2018
Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, closed its SOUTH HOMAN AVENUE BRANCH located at 1111 South Homan Avenue, Chicago, Cook County, IL, 60624.
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.la.gov email: ofila@ofi.la.gov
*
MONTHLY BULLETIN – DECEMBER 2018
BRANCHES – (continued)
Effective September 28, 2018
Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, closed its FLORIDA STREET BANKING CENTER located at 4944 Florida Boulevard, Baton Rouge, East Baton Rouge Parish, LA, 70806.
Effective December 3, 2018
Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its CENTRAL BRANCH located at 8759 Sullivan Road, Central, East Baton Rouge Parish, LA, 70818. [Originally filed as CENTRAL OFFICE proposed by The Highlands Bank, Jackson, East Feliciana Parish, LA.]
Approved December 4, 2018
MONROE BRANCH proposed by Bank of Oak Ridge, Oak Ridge, Morehouse Parish, LA, to be located at 1888 Hudson Circle, Suite 12, Monroe, Ouachita Parish, LA, 71201.
Filed December 26, 2018
SULPHUR BRANCH proposed by Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, to be located at 1530 Maplewood Drive, Suite A, Sulphur, Calcasieu Parish, LA, 70663.
CHANGES OF LOCATION/CONSOLIDATIONS
Effective June 18, 2018
Sabine State Bank and Trust Company, Many, Sabine Parish, LA, relocated its LEESVILLE DRIVE-IN BRANCH from 2200B South 5th Street to 1340 Boone Street (a distance of approximately 0.5 miles), both locations within Leesville, Vernon Parish, LA, 71446, known as LEE HILLS BRANCH.
Approved December 11, 2018
First Guaranty Bank, Hammond, Tangipahoa Parish, LA, proposes to relocate its AMITE BANKING CENTER from 100 East Oak Street to 632 West Oak Street (a distance of approximately 0.6 miles), both locations within Amite, Tangipahoa Parish, LA, 70422.
Filed December 12, 2018
IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to relocate its HIALEAH BANKING CENTER BRANCH from 1751 West 49th Street to 821 West 49th Street (a distance of approximately 1.3 miles), both locations within Hialeah, Miami-Dade County, FL, 33012, to be known as HIALEAH BRANCH.
LOAN PRODUCTION OFFICES
Effective May 7, 2018; Approved February 1, 2018 Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, closed its DALLAS LOAN PRODUCTION located at 5220 Spring Valley Road, Suite 100, Dallas, Dallas County, TX, 75254, due to the opening of its SPRING VALLEY ROAD BANKING CENTER (see above).
*
MONTHLY BULLETIN – DECEMBER 2018
LOAN PRODUCTION OFFICES – (continued)
Effective June 4, 2018
Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, closed its NEW ORLEANS LOAN PRODUCTION OFFICE located at 3838 North Causeway Boulevard, Suite 2950, Metairie, Jefferson Parish, LA, 70002, due to the opening of its METAIRIE ROAD BANKING CENTER (see above).
Effective November 1, 2018
Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, closed its INVESTAR BANK NORTH OAK HILLS LOAN PRODUCTION OFFICE located at 10634 North Oaks Parkway, Suite B, Baton Rouge, East Baton Rouge Parish, LA, 70810.
Filed/Approved December 11, 2018
Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST TAMPA LOAN PRODUCTION OFFICE located at 5421 Beaumont Center Boulevard, Suite 675, Tampa, Hillsborough County, FL, 33634.
Filed December 14, 2018
SOUTH BATON ROUGE LOAN PRODUCTION OFFICE proposed by Concordia Bank and Trust Company, Vidalia, Concordia Parish, LA, to be located at 8200 Village Plaza Court, Suite 3A, Baton Rouge, East Baton Rouge Parish, LA, 70810.
Filed December 14, 2018
PLAQUEMINE LOAN PRODUCTION OFFICE proposed by Concordia Bank and Trust Company, Vidalia, Concordia Parish, LA, to be located at 25420 Highway 1 South, Suite G, Plaquemine, Iberville Parish, LA, 70764.
SUBSIDIARIES
No Activity
TRUST POWERS
No Activity
OTHER
No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
More like this from OFI
We email you every new OFI publication the day it's published.
Source: Louisiana Office of Financial Institutions — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated