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Bricks and mortar: Pennsylvania-based Luzerne Bank opens 1 branch, closes 2

S&P Global Market Intelligence rounds up notable branch openings and closings over the past week. This wrap excludes certain moves by banks with more than $5 billion in assets and certain credit unions.

Mid-Atlantic

Pennsylvania-based Luzerne Bank opened a branch at 1320 Wyoming Ave. in Forty Fort, Pa., according to the Pennsylvania Department of Banking and Securities' summary of activities.

The Luzerne, Pa.-based bank, a unit of Penns Woods Bancorp Inc., also closed two branches located at 324 Wyoming Ave. in Wyoming, Pa., and at 801 Main St. in Swoyersville, Pa.

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Bethlehem, Pa.-based Lafayette Ambassador Bank in February closed two branches in Pennsylvania, according to the state regulator's summary of activities.

The Fulton Financial Corp. unit closed the branches located at 1800 Butler St. in Easton and at 317 E. Landis St. in Coopersburg.

Midwest

Rochester, Minn.-based ONB Bank in February opened a branch at 1600 2nd Ave. NW in Stewartville, Minn., according to the Minnesota Department of Commerce's application activity report for the period ended Feb. 22.

The bank is a subsidiary of Olmsted Holding Corp.

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Loretto, Minn.-based 21st Century Bank in February closed its branch at 12301 Central Ave. NE in Blaine, Minn., according to the Minnesota Department of Commerce's application activity report for the period ended Feb. 8.

Crosstown Holding Co. is the bank's parent company.

Southwest

Louisiana-based Gibsland Bank & Trust Co. in January opened a branch at 3400 Line Ave. in Shreveport, La., according to the Louisiana Office of Financial Institutions' February bulletin.

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St. Joseph, La.-based Cross Keys Bank, a unit of BSJ Bancshares Inc., in January closed its branch at 5015 Shed Road in Bossier City, La., according to the state regulator's February bulletin.

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Leesville, La.-based Merchants & Farmers Bank & Trust Co. in January opened a branch at 1400 Fancher St. in Vinton, La., according to the state regulator's February bulletin.

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New Orleans-based Crescent Bank & Trust in January closed its loan production office at 5421 Beaumont Center Blvd. in Tampa, Fla., according to the Louisiana Office of Financial Institutions' February bulletin.

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Gainesville, Texas-based First State Bank, a unit of Red River Bancorp Inc., in February closed its branch at 101 S. Frontage Road in Valley View, Texas, according to the Texas Department of Banking's website.

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Houston-based Allegiance Bank in February closed its branch at 1600 Highway 6 S. in Sugar Land, Texas, according to the Texas Department of Banking's website.