The recent purchase of a Baton Rouge mortgage company by Business First Bank is bringing mortgage loan services to its Baton Rouge offices and will eventually add mortgage loan personnel to its one branch in Lafayette, according to the Lafayette branch’s president.

Business First’s Lafayette branch President Mike Guidroz says the bank’s buying of US CapitalCorp, which has provided residential mortgage loans to East Baton Rouge Parish since 2002, will enable Business First clients statewide to utilize the mortgage services through its Baton Rouge office. The Baton Rouge acquisition also will help in the bank’s plans to bring mortgage loan services and a mortgage staff to its Lafayette branch.

US CapitalCorp and Business First worked together before the purchase, according to a release from Business First; the acquisition will allow Business First to expand the US CapitalCorp market and client base.  

Business First, a Baton Rouge-based bank headed by former Louisiana Gov. and potential 2012 presidential candidate Buddy Roemer, was started in 2005 as a business-centered bank and currently has branches in Baton Rouge, Houma, Thibodaux, the northshore of New Orleans and Northwest Louisiana.

To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.

Loading
Chart
ABiz Stock Watch
o Home Bancorp 22.40 ▲0.09 (0.40%)
o Frank's International 19.46 ▼0.02 (-0.10%)
o IberiaBank Corp 67.02 ▼0.22 (-0.33%)
o LHC Group 23.96 ▼0.01 (-0.04%)
o MidSouth Bancorp 19.25 ▲0.11 (0.57%)
o Petroquest Energy 5.94 ▼0.02 (-0.34%)
o PHI Inc. 42.85 ▲0.05 (0.12%)
o Superior Energy 33.79 ▼0.42 (-1.23%)
o Stone Energy 32.26 ▼0.12 (-0.37%)
o Facebook Inc. 76.43 ▲0.35 (0.46%)
o Twitter Inc. 50.70 ▼0.13 (-0.26%)
o Gannett 32.29 ▼0.16 (-0.49%)
NYSE:HBCP

Home Bancorp

Company ID [NYSE:HBCP] Last trade:22.40 Trade time:4:00PM EDT Value change:▲0.09 (0.40%)
NYSE:FI

Frank's International

Company ID [NYSE:FI] Last trade:19.46 Trade time:4:05PM EDT Value change:▼0.02 (-0.10%)
NYSE:IBKC

IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:67.02 Trade time:4:00PM EDT Value change:▼0.22 (-0.33%)
NYSE:LHCG

LHC Group

Company ID [NYSE:LHCG] Last trade:23.96 Trade time:4:00PM EDT Value change:▼0.01 (-0.04%)
NYSE:MSL

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:19.25 Trade time:4:01PM EDT Value change:▲0.11 (0.57%)
NYSE:PQ

Petroquest Energy

Company ID [NYSE:PQ] Last trade:5.94 Trade time:4:03PM EDT Value change:▼0.02 (-0.34%)
NYSE:PHII

PHI Inc.

Company ID [NYSE:PHII] Last trade:42.85 Trade time:3:29PM EDT Value change:▲0.05 (0.12%)
NYSE:SPN

Superior Energy

Company ID [NYSE:SPN] Last trade:33.79 Trade time:4:03PM EDT Value change:▼0.42 (-1.23%)
NYSE:SGY

Stone Energy

Company ID [NYSE:SGY] Last trade:32.26 Trade time:4:00PM EDT Value change:▼0.12 (-0.37%)
NYSE:FB

Facebook Inc.

Company ID [NYSE:FB] Last trade:76.43 Trade time:4:00PM EDT Value change:▲0.35 (0.46%)
NYSE:TWTR

Twitter Inc.

Company ID [NYSE:TWTR] Last trade:50.70 Trade time:4:01PM EDT Value change:▼0.13 (-0.26%)
NYSE:GCI

Gannett

Company ID [NYSE:GCI] Last trade:32.29 Trade time:4:02PM EDT Value change:▼0.16 (-0.49%)
Advertisement

Economic Indicators

  • Real Estate Data
    Real Estate
     
    Rentals
     
    Commercial
     
     
  • Energy Data
    Oil
     
    Gas
     
     
  • Taxable Sales
    Register
     
  • Unemployment Rate
    Employment
     
 

Read the Flipping Paper!

Click Here for the Entire Print Version of
ABiz
 
Advertisement
Advertisement