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Overview / Commentary
105 West Edwards
Erath, LA 70533

Bank of Erath is headquartered in Erath and is the 109th largest bank in the state of Louisiana. It is also the 4,771st largest bank in the nation. It was established in 1910 and as of March of 2014, it had grown to 34 employees at 3 locations. Bank of Erath has a A health rating.

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Data for Q1 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 March 31, 2014 Bank of Erath had $307,000 in non-current loans and owned real-estate with $13.29 million in equity and loan loss allowances on hand to cover it. This gives Bank of Erath a Texas Ratio of 2.31% 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 experienced no significant changes from 2.56% as of March 31, 2013 to 2.31% as of March 31, 2014, resulting in a positive change of 9.68%.This indicates that the balance sheet and financial strength for Bank of Erath has had no significant changes in recent periods.

Deposit Growth


In the past year, Bank of Erath has increased its total deposits by $5.5 million, resulting in 6.9% 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 $98.37 million in assets with $13.29 million in equity, resulting in a capitalization level of 13.51%, which is excellent.

Institution Statistics

FDIC Certificate #8532
Year Established1910
Primary RegulatorFDIC
Assets and Liabilities
Assets$98.37 million
Loans$55.84 million
Deposits$85.20 million
Equity Capital$12.68 million
Loan Loss Allowance$609,000
Unbacked Noncurrent Loans$272,000
Real Estate Owned$35,000
Historic Data - March 2013
Assets$93.09 million
Equity Capital$12.90 million
Loan Loss Allowance$590,000
Unbacked Noncurrent Loans$272,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.1%
Return on Assets0.77%
Return on Equity5.89%
Interest Income$996,000

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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