State of Louisiana
Office of Financial Institutions


MONTHLY BULLETIN
MARCH 2003





 

BANK HOLDING COMPANIES

 

Approved March 6, 2003

Application by Coastal Commerce Bank, Houma, Terrebonne Parish, Louisiana, to engage in a statutory share exchange with Coastal Commerce Bancshares, Inc., whereby Coastal Commerce Bancshares, Inc., will become a one-bank holding company.

 

Filed March 7, 2003

Notification by SNB, Inc., Eureka, California, of its intent to acquire 100% of the issued and outstanding shares of common stock of Algiers Bancorp, Inc., and thereby acquire its subsidiary, Algiers Bank & Trust, both located in New Orleans, Orleans Parish, Louisiana.

 

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BANKS/THRIFTS/CREDIT UNIONS

 

Filed March 10, 2003

NEW LIBERTY BANK, a de novo State-chartered “phantom bank”, proposed by Liberty Financial Services, Inc., New Orleans, Orleans Parish, LA, for the purpose of effectuating the merger of New Liberty Bank with and into First American Bank, Jackson, Hinds County, MS, under the Charter of and with the Title:  First American Bank.

 

Filed March 10, 2003

First American Bank, Jackson, Hinds County, Mississippi (a Mississippi state bank), proposes to merge with and into Liberty Bank and Trust Company, New Orleans, Orleans Parish, Louisiana, under the Charter of and with the Title:  Liberty Bank and Trust Company, domiciled in New Orleans, Louisiana, and to establish the sole office of First American Bank as a branch of Liberty Bank and Trust Company.

 

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BRANCHES

 

Approved March 3, 2003

Metairie Drive Through Facility proposed by Fidelity Homestead Association, New Orleans, Orleans Parish, LA, to be located at 1220 Veterans Memorial Boulevard, Metairie, Jefferson Parish, LA, 70005.


Approved March 3, 2003

NORTH SEVENTH BRANCH proposed by The Richland State Bank, Rayville, Richland Parish, LA, to be located temporarily at 2406 North 7th Street and then permanently at 2500 North 7th Street, both locations within West Monroe, Ouachita Parish, LA, 71291.

 

Filed March 17, 2003

SIEGEN BRANCH proposed by Iberville Trust & Savings Bank, Plaquemine, Iberville Parish, LA, to be located at 9250 Siegen Lane, Baton Rouge, East Baton Rouge Parish, LA, 70810.

 

Approved March 17, 2003

MARKET STREET BRANCH proposed by Ouachita Independent Bank, Monroe, Ouachita Parish, LA, to be located at 401 Market Street, Shreveport, Caddo Parish, LA, 71101.  [Originally filed with the name Shreveport Branch.]

 

Effective March 19, 2003

Cameron State Bank, Lake Charles, Calcasieu Parish, LA, opened its CSB WAL*MART #521 BRANCH located at 2500 Highway 171, Lake Charles, Calcasieu Parish, LA, 70601.

 

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ELECTRONIC FINANCIAL TERMINALS (EFTs)

 

Effective March 31, 2002

Central Progressive Bank, Hammond, Tangipahoa Parish, LA, reduced the services of its LAKEWAY CENTER BRANCH located at 3900 North Causeway Boulevard, Suite 110, One Lakeway Building, Metairie, Jefferson Parish, LA, 70002, to an Electronic Financial Terminal (EFT) machine only, to be known as “CPB-24 FAST CASH”.

 

Effective February 26, 2003

Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, activated its “PRIVATE BANKER” machine located at 1300 Perdido Street within City Hall’s First Floor Lobby, New Orleans, Orleans Parish, LA, 70112.

 

Filed/Approved March 6, 2003

Sabine State Bank and Trust Company, Many, Sabine Parish, LA, proposes to relocate its “THE ATM” machine from 1305 North 5th Street within Jack’s All-U-Need, Leesville, Vernon Parish, LA, 71446, to 620 Old Highway 1 South within Shop-A-Lott #4, Natchitoches, Natchitoches Parish, LA, 71457, to be known as “SHOP-A-LOTT #4 ATM”.

 

Filed/Approved March 27, 2003

Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to relocate its “PRIVATE BANKER” machine from 12301 Lake Forest Boulevard within Jazzland Theme Park/Emporium [70129], to 6601 Plaza Drive within The Grand Theater [70127], both locations within New Orleans, Orleans Parish, LA.

 

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CHANGES OF LOCATION/CONSOLIDATIONS

 

Effective June 17, 2002

Sabine State Bank and Trust Company, Many, Sabine Parish, LA, relocated its HEMPHILL BRANCH (upon the merger of Community Bank, Katy, TX, effective June 17, 2002) from 20045 Katy Freeway, Katy, Harris County, TX, to 180 Main Street, Hemphill, Sabine County, TX, 75948.

 

Effective January 27, 2003

Sabine State Bank and Trust Company, Many, Sabine Parish, LA, relocated its Hemphill Branch from 180 Main Street to 425 Highway 87 North (a distance of Ľ mile) both locations within Hemphill, Sabine County, Texas, 75948.

 

Approved March 6, 2003

Coastal Commerce Bank, Houma, Terrebonne Parish, LA, proposes to relocate its THIBODAUX BRANCH from 422 East First Street to 107 Canal Boulevard (a distance of less than 1 mile), both locations within Thibodaux, Lafourche Parish, LA, 70301.

 

Effective March 7, 2003

Rayne State Bank & Trust Company, Rayne, Acadia Parish, LA, relocated its "24-HOUR TELLER" machine from 1419 The Boulevard with Circus Foods, Rayne, Acadia Parish, LA, 70578, to 110 Softball Drive within Pelican Park Gift Shop, Carencro, Lafayette Parish, LA, 70520.

 

Approved March 10, 2003

Central Progressive Bank, Hammond, Tangipahoa Parish, LA, proposes to relocate its MAIN OFFICE from 111 North Oak Street to 29092 Krentel Road (a distance of 36 miles), Lacombe, St. Tammany Parish, LA, 70445, and to retain the former Main Office location as a branch to be known as the NORTH OAK STREET BRANCH.

 

Effective March 21, 2003

Hancock Bank of Louisiana, Baton Rouge, East Baton Rouge Parish, LA, proposes to consolidate its SECOND STREET BRANCH located at 200 North Second Street with its WESTGATE BRANCH located at 2250 West Laurel Street, both locations within Eunice, St. Landry Parish, LA, 70535.

 

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LOAN OR TRUST PRODUCTION OFFICES

 

Approved March 6, 2003; Effective March 7, 2003

Ouachita Independent Bank, Monroe, Ouachita Parish, LA, opened its SHREVEPORT LOAN PRODUCTION OFFICE located at 401 Market Street, Shreveport, Caddo Parish, LA, 71101.


Filed March 17, 2003; Approved March 24, 2003

NEW ROADS LOAN PRODUCTION OFFICE proposed by First Bank, Baton Rouge, East Baton Rouge Parish, LA, to be located at 191 Second Street, Suites 108 and 109, New Roads, Pointe Coupee Parish, LA, 70760.

 

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SUBSIDIARIES

 

Approved March 27, 2003

THE COTTONPORT AIR, L.L.C., a proposed subsidiary to be established by The Cottonport Bank, Cottonport, Avoyelles Parish, LA, to be located at 117 East Ogden Street, Marksville, Avoyelles Parish, LA, 71351. 

 

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