MBL Bank

Status:Inactive as of 01/01/2018
 Absorption - Without Assistance
Successor Bank:b1BANK
Headquarters:MBL Bank
100 Mbl Bank Drive
Minden, LA 71058
Established:01/01/1910
FDIC Insurance:12/24/1936
FDIC Cert:#29829
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$314,572,000
Total Deposits:$264,127,000

History

1910-01-01Institution established: Original name:Minden Building and Loan Association
2002-07-02Changed organization type to STOCK SAVINGS & LOAN
2007-03-27Changed name to MBL Bank
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
2014-02-05Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2014-02-05Changed organization type to COMMERCIAL BANK
2018-01-01Merged into and subsequently operated as part of Business First Bank (58228) in BATON ROUGE, LA
2018-12-01Acquired Richland State Bank (8526) in RAYVILLE, LA
2019-12-01Changed name to b1BANK (58228)
2020-05-01Acquired PEDESTAL BANK (35005) in HOUMA, LA

Financial Information (2017-12-31 and Older)