2016-08-01

Added · Updated

State of Louisiana Office of Financial Institutions Monthly Bulletin August 2016

The Louisiana Office of Financial Institutions issued its August 2016 Monthly Bulletin to record regulatory approvals for various banking transactions and structural changes. The document details acquisitions by Louisiana Community Bancorp and Bank of Montgomery, alongside branch closures, new branch proposals, and office relocations for multiple institutions. Additionally, it lists the opening and relocation of loan production offices and the establishment of a subsidiary office, while noting no activity in trust powers or other categories.

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STATE OF LOUISIANA

OFFICE OF FINANCIAL INSTITUTIONS

BATON ROUGE, LOUISIANA

MONTHLY BULLETIN

AUGUST 2016


BANK HOLDING COMPANIES

Effective August 2, 2016
Louisiana Community Bancorp, Inc., Houma, Terrebonne Parish, Louisiana, acquired 100% of the issued and outstanding shares of common stock of Tri-Parish Bancshares, Ltd., and thereby directly acquired its subsidiary, Tri-Parish Bank, both located in Eunice, St. Landry Parish, Louisiana, pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956, as amended.


BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES

Effective August 19, 2016 @ 5:01 p.m.; Approved August 17, 2016
Bank of Montgomery, Montgomery, Grant Parish, Louisiana, purchased certain assets and assumed the liability to pay deposits in the following branches of Tri-State Bank and Trust, Haughton, Bossier Parish, Louisiana:

  • HAUGHTON BRANCH – 2111 Highway 80 East, Haughton, Bossier Parish, LA, 71037
  • SHREVEPORT BRANCH – 4321 Youree Drive, Shreveport, Caddo Parish, LA, 71105

BRANCHES

Effective June 8, 2016; Filed/Approved August 11, 2016
Gulf Coast Bank, Abbeville, Vermilion Parish, LA, closed its CHARITY STREET BRANCH located at 2025 Charity Street, Abbeville, Vermilion Parish, LA, 70510.

Approved August 23, 3016; Filed July 28, 2016
COVINGTON BRANCH proposed by Metairie Bank & Trust Company, Metairie, Jefferson Parish, LA, to be located at 1000 South Tyler Street, Covington, St. Tammany Parish, LA, 70433.

Approved August 23, 2016
OAK GROVE BRANCH proposed by Commercial Capital Bank, Delhi, Richland Parish, LA, to be located at 702 East Main Street, Oak Grove, West Carroll Parish, LA, 71263.


CHANGES OF LOCATION/CONSOLIDATIONS

Filed August 25, 2016
The Cottonport Bank, Cottonport, Avoyelles Parish, LA, proposes to relocate its MAIN OFFICE from 153 Cottonport Avenue to 942 Bryan Street (a distance of approximately 0.1 miles), both locations within Cottonport, Avoyelles Parish, LA, 71327.


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 – AUGUST 2016

PAGE 2


LOAN PRODUCTION OFFICES

Effective July 18, 2016
Bank of Montgomery, Montgomery, Grant Parish, LA, opened its ALEXANDRIA LOAN PRODUCTION OFFICE located at 3601 North Boulevard, Suite B, Alexandria, Rapides Parish, LA, 71301. [Originally filed with the address of 3607 Jackson Street.]

Filed/Approved August 1, 2016
Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its CRESCENT BANK & TRUST RALEIGH LOAN PRODUCTION OFFICE from 1027 Highway 70 West, Suite 102, Garner, Wake County, NC, 27529, to 2232 Page Road, Suite 105, Durham, Durham County, NC, 27703.

Filed/Approved August 9, 2016
Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its CRESCENT BANK & TRUST CHESAPEAKE LOAN PRODUCTION OFFICE from 501 Independence Parkway, Suite 107 to 1434 Crossways Boulevard, Suite 250, both located within Chesapeake, Chesapeake County, VA, 23320.

Approved August 23, 2016
VICKSBURG LOAN PRODUCTION OFFICE proposed by Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 1905B Mission 66, Suite 1, Vicksburg, Warren County, MS, 39180.


SUBSIDIARIES

Filed August 2, 2016
First Bank and Trust, New Orleans, Orleans Parish, LA, proposes to establish an additional office of the subsidiary, FBT MORTGAGE, L.L.C., to be located at 495 Grand Boulevard, Suite 270, Miramar Beach, Walton County, FL, 32550.


TRUST POWERS

No Activity


OTHER

No Activity


Any questions should be directed to Pam Skelton at (225) 925-4661.

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