MONTHLY BULLETIN
July 2010





 

BANK HOLDING COMPANIES
Withdrawn July 14, 2010

Application by Investar Bank, Baton Rouge, East Baton Rouge Parish, Louisiana, to engage in a statutory share exchange with Investar Holding Corporation, whereby Investar Holding Corporation, will become a one-bank holding company.

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BANKS/THRIFTS/CREDIT UNIONS

Effective July 1, 2010

Lake Charles Telco Credit Union, Lake Charles, Calcasieu Parish, LA, merged with and into Pelican State Credit Union, Baton Rouge, East Baton Rouge Parish, LA, under the Charter of and with the Title:  Pelican State Credit Union. 

Effective July 1, 2010
Farmers State Bank & Trust Co., Church Point, Acadia Parish, Louisiana, purchased certain assets and assumed the liability to pay deposits in the Rayne, Louisiana office of First Louisiana National Bank, Breaux Bridge, St. Martin Parish, Louisiana. 

Effective July 26, 2010; Final Approval July 23, 2010

LAKESIDE BANK, a "de novo" State-chartered commercial bank, located at 4735 Nelson Road, Lake Charles, Calcasieu Parish, LA, 70605, opened for business with an initial capitalization of $12,000,000 comprised of $1,200,000 in capital stock and $10,800,000 in surplus.  [Originally filed with the address of 4537 Nelson Road.]

 

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BRANCHES

Effective April 20, 2010

Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, opened its COURSEY BOULEVARD BANKING OFFICE located at 10922 Coursey Boulevard, Baton Rouge, East Baton Rouge Parish, LA, 70816.

 

Approved July 2, 2010

COUNTRY CLUB BRANCH, proposed by Cameron State Bank, Lake Charles, Calcasieu Parish, LA, to be located at 2800 Country Club Road, Lake Charles, Calcasieu Parish, LA, 70605.

 

Approved July 12, 2010

HIGHLAND COLONY BANKING CENTER, proposed by Community Trust Bank, Choudrant, Lincoln Parish, LA, to be located at 605 Crescent Boulevard, Suite 101, Ridgeland, Madison County, MS, 39157.

 

Approved July 12, 2010

SHREVEPORT UPTOWN BANKING CENTER, proposed by Red River Bank, Alexandria, Rapides Parish, LA, to be located at 5868 Line Avenue, Shreveport, Caddo Parish, LA, 71106.

 

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CHANGES OF LOCATION/CONSOLIDATIONS 

Effective April 26, 2010

Sabine State Bank and Trust Company, Many, Sabine Parish, LA, relocated its NATCHITOCHES WEST BRANCH from 5811 Highway 1 Bypass to 5769 Highway 1 Bypass (a distance of approximately 0.1 mile), both locations within Natchitoches, Natchitoches Parish, LA, 71457.

 

Effective June 30, 2010

IBERIABANK, Lafayette, Lafayette Parish, LA, consolidated its SARASOTA MAIN BRANCH located at 1680 Fruitville Road, with the DOWNTOWN SARASOTA BRANCH located at 1734 Main Street (a distance of 0.02 miles), both locations within Sarasota, Sarasota County, FL, 34236.

 

Effective July 1, 2010

The Peoples State Bank, Many, Sabine Parish, LA, relocated its ALEXANDRIA BRANCH from 1700 Bank Drive [71301] to 3412 Mac Lee Drive [71302] (a distance of approximately 1.9 miles), both locations with Alexandria, Rapides Parish, LA.

 

Approved July 19, 2010; Filed July 1, 2010

IBERIABANK, Lafayette, Lafayette Parish, LA, proposes to temporarily relocate its MCMILLAN ROAD BRANCH from 610 McMillan Road to 202 Bell Lane, Suite 6 (a distance of approximately 0.63 miles), both locations within West Monroe, Ouachita Parish, LA, 71291.

 

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LOAN or TRUST PRODUCTION OFFICES

Approved July 1, 2010

BOSSIER LOAN PRODUCTION OFFICE, proposed by Citizens Bank & Trust Company of Vivian, Louisiana, Vivian, Caddo Parish, LA, to be located at 1628 Benton Road, Bossier City, Bossier Parish, LA, 71111.

 

Approved July 21, 2010

CRESCENT BANK & TRUST BOURBONNAIS LOAN PRODUCTION OFFICE, proposed by Crescent Bank & Trust, New Orleans, Orleans Parish, LA, to be located at 750 Almar Parkway, Bourbonnais, Kankakee County, IL, 60914.

 

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SUBSIDIARIES

No Activity

 

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TRUST POWERS

Conditional Approval July 13, 2010

IBERIABANK, Lafayette, Lafayette Parish, LA, has filed an application requesting permission to exercise Full Trust Powers.

 

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OTHER

No Activity

 

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Any questions should be directed to Pam Skelton

at (225) 925-4661 or pskelton@ofi.louisiana.gov