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Regulator OKs consolidation of Louisiana Community Bancorp units

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Regulator OKs consolidation of Louisiana Community Bancorp units

The Louisiana Office of Financial Institutions on Sept. 21 approved the proposed consolidation of five subsidiary banks of Houma-based Louisiana Community Bancorp Inc.

Under the restructuring, the existing offices of St. Martinville-based Teche Bank & Trust Co., Eunice-based Tri-Parish Bank, DeRidder-based City Savings Bank & Trust Co. and Kaplan-based Kaplan State Bank will operate as branches of Houma-based Coastal Commerce Bank.