State of Louisiana
Office of Financial Institutions


MONTHLY BULLETIN
JUNE 2004





BANK HOLDING COMPANIES

 

Filed w/FRB-Atlanta

OFI Received June 4, 2004

Application by Algiers Bancorp, Inc., Baton Rouge, East Baton Rouge Parish, LA, to become a one-bank holding company by acquiring control of 100% of the issued and outstanding stock of Statewide Bank, Terrytown, Jefferson Parish, LA, pursuant to Section 3(a)(1) of the BHC Act of 1956, as amended.

 

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BANKS/THRIFTS/CREDIT UNIONS

 

Conditional Approval June 1, 2004

YOUR BANK, a proposed “de novo” State-chartered commercial bank, to be located at 1639 Highway 51, Ponchatoula, Tangipahoa Parish, LA, 70454.  [Contact:  Proposed Chief Executive Officer Glenn R. Bartels, 222 West Thomas Street, Hammond, LA, 70401; Phone:  (985) 345-7049]

(Originally filed with the address of 720 West Pine Street.)

 

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BRANCHES

 

Filed June 2, 2004; Approved June 17, 2004

EAST THOMAS STREET BRANCH proposed by Central Progressive Bank, Lacombe, St. Tammany Parish, LA, to be located at 1005 East Thomas Street, Hammond, Tangipahoa Parish, LA, 70401.

 

Approved June 2, 2004

FLORIDA STREET BRANCH proposed by Central Progressive Bank, Lacombe, St. Tammany Parish, LA, to be located at 1926 Florida Street, Mandeville, St. Tammany Parish, LA, 70448.

 

Effective June 4, 2004

IBERIABANK, Lafayette, Lafayette Parish, LA, closed its ALGIERS BRANCH located at 4626 General DeGaulle Drive, New Orleans, Orleans Parish, LA, 70131.

 

Effective June 16, 2004

First Bank and Trust, New Orleans, Orleans Parish, LA, closed its WEST JEFFERSON BRANCH located at 1101 Medical Center Boulevard, Central Registration Booth G, Marrero, Jefferson Parish, LA, 70072.

 

Filed June 22, 2004

OLD METAIRIE LOCATION proposed by Fidelity Homestead Association (a State-chartered mutual savings and loan association), New Orleans, Orleans Parish, LA, to be located in the 1800 Block of Metairie Avenue, Metairie, Jefferson Parish, LA, 70005.

 

Filed June 25, 2004

BRUSLY BRANCH proposed by The Cottonport Bank, Cottonport, Avoyelles Parish, LA, to be located at the corner of West St. Francis Street and Louisiana Highway 1 (Tract X-1), Brusly, West Baton Rouge Parish, LA, 70719.

 

Approved June 28, 2004

LECOMPTE BRANCH proposed by Sabine State Bank and Trust Company, Many, Sabine Parish, LA, to be located at 1717 Highway 71, Lecompte, Rapides Parish, LA, 71346.

 

Approved June 28, 2004

HIGHWAY 22 BRANCH proposed by First Community Bank, Hammond, Tangipahoa Parish, LA, to be located at 4892 Louisiana Highway 22, Mandeville, St. Tammany Parish, LA, 70471.

 

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ELECTRONIC FINANCIAL TERMINALS (EFTs)

 

Filed/Approved June 9, 2004

Cameron State Bank, Lake Charles, Calcasieu Parish, LA, proposes the following “REDICASH” machines:

            703 North Thomson, Iowa, Calcasieu Parish, LA 70647

            8744 Highway 165, Oberlin, Allen Parish, LA, 70655

            607 North Adams Street, Welsh, Jefferson Davis Parish, LA, 70561

            2613 Teal Street, Cameron, Cameron Parish, LA, 70631

 

Effective June 9, 2004

Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, activated its “PRIVATE BANKER” machine located at 6600 Plaza Drive within Plaza Square, LLC, New Orleans, Orleans Parish, LA, 70127.

 

Filed/Approved June 21, 2004

Community Trust Bank, Choudrant, Lincoln Parish, LA, proposes to close its “CTB CASH” machine located at 3959 Highway 80 West within USA Truck Stop, Calhoun, Ouachita Parish, LA, 71225.

 

Filed/Approved June 25, 2004

“PRIVATE BANKER” machine proposed by Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 6400 Press Drive within University Center at Southern University, New Orleans, Orleans Parish, LA, 70126.

 

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CHANGES OF LOCATION/CONSOLIDATIONS

 

Filed June 1, 2004; Approved June 28, 2004

Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to relocate its BATON ROUGE OFFICE from 9624 Brookline Drive, Suite A to 9213 Interline Avenue (a distance of less than one mile), both locations within Baton Rouge, East Baton Rouge Parish, LA, 70809.

 

Filed June 14, 2004

American Bank & Trust Company, Coushatta, Red River Parish, LA, proposes to interchange its MAIN OFFICE from 1625 Ringgold Avenue, Coushatta, Red River Parish, LA, 71019 with its COVINGTON BRANCH located at 1819 North Columbia Street, Covington, St. Tammany Parish, LA, 70433 [a distance of 300 miles], and to retain the former Main Office location as a branch to be known as Coushatta Branch.

 

Filed June 15, 2004; Approved June 25, 2004

American Gateway Bank, Port Allen, West Baton Rouge Parish, LA, proposes to relocate its DENHAM SPRINGS WINN DIXIE #1589 BRANCH from 402 South Range Avenue within Winn‑Dixie #1589 Supermarket to LA Highway 16 just south of LA Highway 64 (a distance of 5 miles), both locations within Denham Springs, Livingston Parish, LA, 70726, to be known as DENHAM SPRINGS BRANCH.

 

Effective June 28, 2004

M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, relocated its ENERGY PARKWAY BRANCH from 109A Energy Parkway to 2306 West Pinhook Road (a distance of approximately ½ block), both locations within Lafayette, Lafayette Parish, LA, 70508, to be known as LAFAYETTE BRANCH.

 

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LOAN or TRUST PRODUCTION OFFICES

 

Effective August 18, 2003

Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST SAVANNAH LOAN PRODUCTION OFFICE located at 23 Commerce Place, Unit B, Savannah, Chatham County, GA, 31406.

 

Effective August 18, 2003

Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST BIRMINGHAM LOAN PRODUCTION OFFICE located at 3021 Lorna Road, Suite 206, Hoover, Jefferson County, AL, 35216.

 

Effective September 22, 2003

Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT BANK & TRUST CHESAPEAKE LOAN PRODUCTION OFFICE located at 700 Independence Parkway, Suite 200, Chesapeake, Chesapeake County, VA, 23320.

 

Effective May 3, 2004

First Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its NEW ROADS LOAN PRODUCTION OFFICE located at 2312 False River Drive, Suite A, New Roads, Pointe Coupee Parish, LA, 70760.  [Originally filed with the address of 191 Second Street, Suites 108 and 109.]

 

Effective May 3, 2004

Central Progressive Bank, Lacombe, St. Tammany Parish, LA, opened its PRAIRIEVILLE LOAN PRODUCTION OFFICE located at 16179 State Bank Drive, Suite A, Prairieville, Ascension Parish, LA, 70769.

 

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SUBSIDIARIES

 

Effective November 8, 2003

Crescent Bank & Trust, New Orleans, Orleans Parish, LA, opened its CRESCENT RECOVERY, LLC, at the following locations:

            1100 Poydras Street, Suite 100, New Orleans, Orleans Parish, LA, 70163.

            700 Independence Parkway, Suite 200, Chesapeake, Chesapeake County, VA  23320

 

Approved June 17, 2004

BLACK CAT REAL ESTATE, a proposed subsidiary to be established by Bank of Winnfield & Trust Company, Winnfield, Winn Parish, LA, to be located at 200 West Main Street, Winnfield, Winn Parish, LA, 71483.

 

Filed June 25, 2004

UNION TITLE INSURANCE AGENCY, INC., a proposed subsidiary to be established by The Union Bank, Marksville, Avoyelles Parish, LA, to be located at 305 North Main Street, Marksville, Avoyelles Parish, LA, 71351.

 

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TRUST POWERS

 

Filed June 3, 2004; Conditional Approval June 16, 2004

Omni Bank, Metairie, Jefferson Parish, LA, has filed a notice of intent requesting permission to increase Trust Powers.

 

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