October 02, 2026

Federal Reserve Board announces approval of application by Fleur Capital Corporation

For release at 4:45 p.m. EDT

The Federal Reserve Board announced late Friday afternoon that it has officially approved an application submitted by Fleur Capital Corporation to acquire Simmesport State Bank. Both financial institutions are based in the community of Simmesport, Louisiana, marking a notable consolidation within

the local banking sector of Avoyelles Parish.

The regulatory approval, made public at 4:45 p.m. Eastern Daylight Time, concludes the formal review process conducted by federal banking regulators regarding the proposed transaction. Under the provisions of the Bank Holding Company Act, the Federal Reserve evaluates applications of this nature to ensure that commercial bank acquisitions meet established statutory criteria, including considerations related to competitive effects, financial and managerial resources, and the convenience and needs of the communities to be served.

Fleur Capital Corporation, operating as a registered bank holding company headquartered in Simmesport, sought regulatory clearance to bring Simmesport State Bank under its corporate umbrella. Simmesport State Bank has long served as a localized financial institution catering to individuals, agricultural enterprises, and small businesses in the surrounding Louisiana region. By acquiring the institution, Fleur Capital Corporation consolidates its footprint within the local market, integrating the traditional banking services of Simmesport State Bank into its broader corporate operations.

Regulatory reviews by the Federal Reserve Board typically involve thorough examinations of the capital adequacy, asset quality, management capabilities, earnings performance, and liquidity of both the acquiring organization and the target institution. Additionally, the Board assesses the potential impact of the transaction on the availability of banking services and credit within the affected geographic area. With the issuance of this approval, Fleur Capital Corporation has cleared the primary federal regulatory hurdle required to proceed with and finalize the acquisition process.

Transactions involving community-focused banking institutions often require careful coordination to ensure uninterrupted service for local depositors and borrowers. While the Federal Reserve’s announcement marks the formal green light from the central bank, final operational integration and the formal completion of the merger remain subject to the satisfaction of any remaining customary closing conditions and coordination with other relevant state or federal regulatory bodies, as applicable.

As a matter of standard procedure, the Federal Reserve Board publishes such determinations promptly upon reaching a final decision, providing transparency for market participants, shareholders, and the public. The action taken on Friday afternoon reflects the culmination of the regulatory evaluation period for the Fleur Capital Corporation and Simmesport State Bank application.

For media inquiries regarding the announcement, the Federal Reserve Board has directed interested parties to contact them via email at [email protected] or by telephone at (202) 452-2955.