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   [11,135A] In the Matter of Jules B. LeBlanc, III, First Bank, Pineville, Louisiana, Docket No. 94-17k (2-28-95).

   Respondent agrees to pay civil money penalty assessed by the FDIC in the amount of $50,000.

In the Matter of
JULES B. LEBLANC, III,
individually, as an institution-affiliated party, and/or as a person participating in the conduct of the affairs of and
ROGER J. LEBLANC,
individually, as an institution-affiliated party, and/or as a person participating in the affairs of
FIRST BANK,
PINEVILLE, LOUISIANA
(Insured State Nonmember Bank — in Receivership)
AMENDED ORDER TO PAY A CIVIL MONEY PENALTY

FDIC-94-17k

   The Federal Deposit Insurance Corporation ("FDIC") issued a NOTICE OF ASSESSMENT OF CIVIL MONEY PENALTIES, FINDINGS OF FACT AND CONCLUSIONS OF LAW, ORDER TO PAY, AND NOTICE OF HEARING ("Notice") against Jules B. LeBlanc, III ("Respondent"), assessing a civil money penalty against the Respondent pursuant to section 8(i)(2) of the Federal Deposit Insurance Act, 12 U.S.C. § 1818(i)(2) (1989), in the amount of $50,000 for violating section 19 of the Federal Deposit Insurance Act, 12 U.S.C. § 1829, and/or engaging in unsafe and/or unsound practices and/or breaching his fiduciary duty in the performance of his duties as special counsel to First Bank, Pineville, Louisiana ("Bank").

   Following the issuance of the Notice, the Respondent filed a Request for a Hearing on May 6, 1994, and an Answer to the allegations contained in the Notice on May 23, 1994.

   On July 15, 1994, Respondent filed a petition in Chapter 7, seeking the protection of the United States Bankruptcy Court for the Middle District of Louisiana.

   Thereafter, the Respondent and the FDIC executed a Stipulation in which the Respondent agreed to withdraw his Request for a Hearing filed on May 6, 1994, and his Answer filed on May 23, 1994, and to pay a civil money penalty in the amount of $50,000 which shall become final 30 days after its issuance by the FDIC, and shall accrue interest at the rate computed daily and compounded annually as set out in 28 U.S.C. § 1961. The $50,000 and all interest accrued, therein, shall be remitted in full 90 days from either the Respondent's discharge by the United States Bankruptcy Court or date of dismissal, whichever occurs first, in the form of a check made payable to the Treasurer of the United States pursuant to section 308.118 of the FDIC Rules and Regulations, 12 C.F.R. § 308.118.

   IT IS HEREBY ORDERED, that the ORDER TO PAY issued on April 12, 1994, to
{{10-31-00 p.C-3946}} the Respondent, be, and hereby is amended as follows:

   IT IS HEREBY ORDERED, that a penalty of $50,000 be, and hereby is, assessed against Jules B. LeBlanc, III, pursuant to section 18(i)(2)(e) of the Act, 12 U.S.C. § 1818(i)(2)(e) (1989).

   Said penalty shall be paid in its entirety on or before 90 days from either Respondent Jules B. LeBlanc's discharge from the Bankruptcy filed on July 15, 1994, in the United States Bankruptcy Court for the Middle District of Louisiana or date of dismissal, whichever occurs first; and, together with interest accruing from the date of the issuance of this ORDER TO PAY at the legal rate as set forth in 28 U.S.C. § 1961, computed daily and compounded annually.

   In the event Respondent fails to remit the civil money penalty in a timely manner, the entire balance of $50,000, together with all accrued interest, shall become immediately due and payable.

   Further, said penalty shall be paid in the form of a check made payable to the Treasurer of the United States pursuant to section 308.118 of the FDIC Rules and Regulations, 12 C.F.R. § 308.118, with a copy of said check forwarded to the FDIC's Memphis Regional Office.

   Pursuant to delegated authority.

   Dated at Washington, D.C., this 28th day of February, 1995.

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