NEW ORLEANS -- Hibernia Corp. said its mergers with First Bancorp of Louisiana and First Continental Bancshares became effective Monday.

First Bancorp is a $22,5 million-asset, two-bank holding company based in west Monroe. It extends Hibernia's coverage to two additional parishes in northeast Louisiana and, with the previously completed merger of Bastrop National Bank, gives Hibernia a 21% deposit share in the region.

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