Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
105 West Edwards
Erath, LA 70533

Bank of Erath is headquartered in Erath and is the 111st largest bank in the state of Louisiana. It is also the 4,756th largest bank in the nation. It was established in 1910 and as of June of 2014, it had grown to 34 employees at 3 locations. Bank of Erath has a A health rating.

No reviews have been left for this bank yet. Be the first to review.


Data for Q2 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Bank of Erath has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Bank of Erath had $47,000 in non-current loans and owned real-estate with $13.49 million in equity and loan loss allowances on hand to cover it. This gives Bank of Erath a Texas Ratio of 0.35% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Bank of Erath decreased dramatically from 1.76% as of June 30, 2013 to 0.35% as of June 30, 2014, resulting in a positive change of 80.21%.This indicates that the balance sheet and financial strength for Bank of Erath has improved dramatically in recent periods.

Deposit Growth


In the past year, Bank of Erath has increased its total deposits by $3.4 million, resulting in 4.25% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Erath has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Erath has $97.06 million in assets with $13.49 million in equity, resulting in a capitalization level of 13.89%, which is excellent.

Institution Statistics

FDIC Certificate #8532
Year Established1910
Primary RegulatorFDIC
Assets and Liabilities
Assets$97.06 million
Loans$57.51 million
Deposits$83.49 million
Equity Capital$12.89 million
Loan Loss Allowance$601,000
Real Estate Owned$47,000
Historic Data - June 2013
Assets$92.82 million
Equity Capital$12.40 million
Loan Loss Allowance$438,000
Unbacked Noncurrent Loans$0
Real Estate Owned$71,000
Profit Margin - Quarterly
Return on Assets0.64%
Return on Equity4.88%
Interest Income$1.98 million

Always verify rates and promotions with the bank or credit union. We are not Bank of Erath, we are a rate comparison website and can not provide official rates or promotions.

Bank of Erath Savings Account Rates

0.25%$1k-Savings Passbook
0.10%$1k-Christmas Club

Bank of Erath Money Market Rates

0.25%$100k-Money Market Investment Account

Bank of Erath Checking Account Rates

0.25%$1k-Personal NOW
0.25%$1k-Business NOW

Bank of Erath CD Rates

0.95%$1k-5 Year Jumbo CD
0.85%$1k-5 Year CD
0.85%$1k-3 Year Jumbo CD
0.75%$1k-3 Year CD
0.75%$1k-2 Year Jumbo CD
0.65%$1k-2 Year CD
0.60%$1k-1 Year Jumbo CD
0.50%$1k-1 Year CD
0.45%$1k-6 Month Jumbo CD
0.35%$1k-6 Month CD

Bank of Erath IRA Rates

1.00%$1k-5 Year IRA
0.95%$1k-3 Year IRA
0.65%$1k-2 Year IRA
0.50%$1k-1 Year IRA

Bank of Erath Locations
Bank Of Erath105 West EdwardsErath, LA 70533
Abbeville Branch1309 Charity StreetAbbeville, LA 70510
Delcambre BranchRailroad and Main StreetsDelcambre, LA 70528