b1BANK Announces Plans for Downtown Lake Charles Banking Center Relocation and Expansion

Business First Bancshares, Inc.

Business First Bancshares, Inc.

b1BANK Coming Soon To Lake Charles

b1BANK Coming Soon to Lake Charles

b1BANK Coming Soon To Lake Charles

Baton Rouge, LA, Jan. 19, 2023 (GLOBE NEWSWIRE) —  b1BANK today announced plans to relocate its Ryan Street location to a new building in downtown Lake Charles later this year. Since 2009, the bank has been part of Lake Charles’ community.

“We have experienced significant growth in the Lake Charles market and require a larger facility to better serve our current clients’ needs and the community,” said Jeffrey Davis, market president, b1BANK. “As we continue to grow, it is important that we remain active in efforts to rebuild and revitalize downtown.”

The new b1BANK location will be 825 Ryan Street, currently an empty lot due to past hurricane damage, a short distance from the bank’s current location on Ryan Street. Additional parking is planned for the new location, as well as a drive through service option. The Interactive Teller Machine will be available to clients who need access to a live person before and after business hours.

“The building design will reflect some of the historic architecture of the downtown area,” said Matt Redd, developer, Redd Properties. “We will also incorporate modern building technology to help prevent damage from future storms.”

b1BANK will be partnering with The Southwest Louisiana Economic Development Alliance to announce a grand opening ceremony and ribbon cutting ceremony once construction is completed.

BusiFirst Bancshares, Inc.

As of September 30, 2022, Business First Bancshares, Inc. (Nasdaq: BFST), through its banking subsidiary b1BANK, has $5.8 billion in assets, $6.3 billion in assets under management through b1BANK’s affiliate Smith Shellnut Wilson, LLC (SSW) (excludes $0.9 billion of b1BANK assets managed by SSW) and operates Banking Centers and Loan Production Offices in markets across Louisiana and the Dallas and Houston, Texas areas, providing commercial and personal banking products and services. Commercial banking services include letters of credit and commercial loans, as well as working capital lines and equipment financing. b1BANK was awarded #1 Best-In-State Bank, Louisiana, by Forbes and Statista, and is a multiyear winner of American Banker’s “Best Banks to Work For.” Visit b1BANK.com for more information.

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CONTACT: Misty Albrecht b1BANK 225.286.7879 [email protected]
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