2008-07-01

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State of Louisiana Office of Financial Institutions Monthly Bulletin July 2008

The Louisiana Office of Financial Institutions issued its July 2008 Monthly Bulletin detailing various banking activities including the approval of Hibernia Homestead Bancorp to become a one-bank holding company. The document reports the opening of South Louisiana Business Bank as a new state-chartered commercial bank and the establishment of multiple new branches by institutions such as Peoples Bank and Trust Company and First Louisiana Bank. Additionally, the bulletin records several branch relocations, closures, and the closing of a loan production office by Washington State Bank.

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STATE OF LOUISIANA

OFFICE OF FINANCIAL INSTITUTIONS

BATON ROUGE, LOUISIANA

MONTHLY BULLETIN

JULY 2008


BANK HOLDING COMPANIES

Filed w/OTS-Dallas, TX June 17, 2008
Application by Hibernia Homestead Bancorp, Inc., New Orleans, Orleans Parish, LA, to become a one-bank holding company by acquiring control of 100% of the issued and outstanding stock of Hibernia Homestead Bank, New Orleans, Orleans Parish, LA, pursuant to Section 10(e) of the Home Owner’s Loan Act, as amended (“HOLA”) and 12 C.F.R. Section 574.3(a).


BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES

Effective July 1, 2008
SOUTH LOUISIANA BUSINESS BANK, a “de novo” State-chartered commercial bank, located at 38501 Highway 42, Prairieville, Ascension Parish, LA, 70769, opened for business with an initial capitalization of $12,702,980, comprised of $1,270,298, in capital stock and $11,432,682 in surplus.


BRANCHES

Effective November 12, 2007
The Peoples Bank and Trust Company of Pointe Coupee Parish, Louisiana, New Roads, Pointe Coupee Parish, LA, opened its CENTRAL BRANCH located at 14455 Wax Road, Baton Rouge, East Baton Rouge Parish, LA, 70818.

Effective April 23, 2008
First Louisiana Bank, Shreveport, Caddo Parish, LA opened its LINE AVENUE BRANCH located at 3400 Line Avenue, Shreveport, Caddo Parish, LA, 71104.

Effective June 23, 2008
Ouachita Independent Bank, Monroe, Ouachita Parish, LA opened its FERN STREET BRANCH located at 6801 Fern Street, Shreveport, Caddo Parish, LA, 71105. [Originally filed with the name of FERN AVENUE BRANCH and the address of Fern Avenue.]

Filed July 16, 2008
HIGHWAY 171 BRANCH, proposed by Cameron State Bank, Lake Charles, Calcasieu Parish, LA, to be located at 1838 Highway 171 North, Lake Charles, Calcasieu Parish, LA, 70611.

Filed/Approved July 21, 2008
IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to close its PRAIRIEVILLE BRANCH located at 17536 Airline Highway, Prairieville, Ascension Parish, LA, 70769.


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 – JULY 2008

PAGE 2

BRANCHES – (continued)

Filed/Approved July 21, 2008
Community Bank, Raceland, Lafourche Parish, LA, proposes to close its WILSON STREET DRIVE-UP FACILITY located at 3750 Highway 1 and Wilson Street, Raceland, Lafourche Parish, LA, 70394.

Filed July 22, 2008
FRONT STREET BRANCH proposed by Citizens Progressive Bank, Columbia, Caldwell Parish, LA, to be located at 3540 Front Street, Winnsboro, Franklin Parish, LA, 71295.


CHANGES OF LOCATION/CONSOLIDATIONS

Filed July 14, 2008
Omni Bank, Metairie, Jefferson Parish, LA, proposes to relocate its CENTRAL BUSINESS DISTRICT BRANCH 330 Carondelet Street to 334 Carondelet Street (a distance of approximately 150 feet), both locations within New Orleans, Orleans Parish, Louisiana.

Approved July 18, 2008
First NBC Bank, New Orleans, Orleans Parish, LA, proposes to relocate its ELMWOOD BRANCH from 5359 Moune’s Street, Suite E, Harahan, to 1105 South Clearview Parkway, Jefferson (a distance of 0.3 miles), both locations within Jefferson Parish, Louisiana, 70123.

Approved July 18, 2008
Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its LAFAYETTE BRANCH from 2429 West Congress Street [70506] to 100 Asma Boulevard [70508] (a distance of 3.7 miles), both locations within Lafayette, Lafayette Parish, LA.


LOAN or TRUST PRODUCTION OFFICES

Effective February 21, 2008
Washington State Bank, Washington, St. Landry Parish, LA, closed its WASHINGTON STATE BANK LOAN PRODUCTION OFFICE located at 1000 Veterans Boulevard, Suite 303, Metairie, Jefferson Parish, LA, 70005.


SUBSIDIARIES

No Activity


TRUST POWERS

No Activity


OTHER

No Activity


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

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