Shareholders of Britton & Koontz Capital Corp (B&K Capital) have approved a previously disclosed merger into Home Bancorp Inc. The former is the Mississippi-based parent firm of Britton & Koontz Bank NA, according to The Advocate.
In recent years, Home Bancorp of Lafayette has expanded into Baton Rouge, New Orleans and the northern shore. Now, it is entering Mississippi with the $34.5-million Britton & Koontz purchase, the report said.
Home Bancorp, the holding firm for Home Bank, already has nine branches in Acadiana. Four of them are in New Orleans, three are in Baton Rouge, and six are located on the north shore, the report added.
Britton & Koontz presently operates three full-service branches in Natchez. The company also has two offices in Vicksburg, Mississippi, and three in Baton Rouge. In addition, the firm has a loan production office located in Central, the report detailed.
B&K Capital president W. Page Ogden said of the approval: "We are pleased that our shareholders have overwhelmingly approved the merger and look forward to serving our communities with the combined resources of Home Bank and Britton & Koontz Bank."
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