3 star ratingAverage User Rating:
3 star rating based on 2 reviews.

First National Bank (LA)

First National Bank (LA) Locations
1890 North Railroad Avenue
Arcadia, LA 71001
(318) 263-8482
www.theuncommonbank.com

FDIC


First National Bank (LA) is headquartered in Arcadia and is the 71st largest bank in the state of Louisiana. It is also the 3,196th largest bank in the nation. It was established in 1935 and as of December of 2012, it had grown to 70 employees at 8 locations. First National Bank (LA)'s savings rates are 2X the national average, and it has a 4-star health rating.

Related Posts

First National Bank (LA) Kasasa Cash Rewards Cuts Rate To 2.55% (on $15K), Raises POS To 15 (Forum) - 2/14/2013

First National Bank based in LA has a Kasasa Cash rewards checking account that had been paying 3.05% with 12 required monthly POS. Recently, and with the cycle end statement that arrived today, FNB had announced that they were raising the number of req

First National Bank LA To Cut Rewards Checking Rate To 3.01%/3.05 APY On Feb. 9, 2012 (Forum) - 1/12/2012

My monthly Kasasa Cash rewards checking statement from First National Bank in Louisiana today included the following update: "Effective February 9, 2012 the interest rate on Kasasa checking accounts will change to 3.01% with an APY of 3.05%." The curr

High-Yield Reward Checking Account at First National Bank in Louisiana - 12/17/2010

First National Bank is offering a reward checking and savings account under the Kasasa brand. The accounts have the following rates and features if certain monthly requirements are met (as of 12/17/20 ...



See Rates for: Checking | Savings | Money Market | CD | IRA

First National Bank (LA) Checking Account Rates

ApyMinMaxProduct
2.55%-$15kKasasa Cash
0.50%$100k-Platinum Checking
0.05%$1k-First Checking with Interest
0.05%$5k-First Business Checking with Interest

First National Bank (LA) Savings Account Rates

ApyMinMaxProduct
1.25%-$15kKasasa Saver
0.10%$1k-HSA Account
0.10%$100-Savings Account
0.10%--IRA Savings
0.10%$100-Business Savings Account

First National Bank (LA) Money Market Rates

ApyMinMaxProduct
0.15%$1,500-Money Market
0.15%$1,500-Business Money Market

First National Bank (LA) CD Rates

ApyMinMaxProduct
1.10%--60 Month CD
1.10%--Business 60 Month CD
1.00%--48 Month CD
1.00%--Business 48 Month CD
0.85%--36 Month CD
0.85%$100k-5 Year CDARS with Checking
0.85%--Business 36 Month CD
0.85%$100k-Business 5 Year CDARS with Checking
0.75%--30 Month CD
0.75%--Business 30 Month CD
0.60%--24 Month CD
0.60%--Business 24 Month CD
0.50%--18 Month CD
0.50%--Business 18 Month CD
0.45%$100k-3 Year CDARS with Checking
0.45%$100k-Business 3 Year CDARS with Checking
0.40%--12 Month CD
0.40%--Business 12 Month CD
0.27%$100k-2 Year CDARS with Checking
0.27%$100k-Business 2 Year CDARS with Checking
0.20%--182 Day CD
0.20%--Business 182 Day CD
0.15%$100k-52 Week CDARS with Checking
0.15%$100k-Business 52 Week CDARS with Checking
0.10%--91 Day CD
0.10%$100k-26 Week CDARS with Checking
0.10%--Business 91 Day CD
0.10%$100k-Business 26 Week CDARS with Checking
0.07%$100k-13 Week CDARS with Checking
0.07%$100k-Business 13 Week CDARS with Checking
0.05%--7 - 31 Day CD
0.05%$100k-4 Week CDARS with Checking
0.05%--Business 7 - 31 Day CD
0.05%$100k-Business 4 Week CDARS with Checking

First National Bank (LA) IRA Rates

ApyMinMaxProduct
1.10%--60 Month IRA
0.85%--36 Month IRA
0.60%--24 Month IRA
0.40%--12 Month IRA

Rates updated: 5/18/2013

Data for Q4 2012


Institution Statistics


First National Bank
FDIC Certificate #15059
BankRate ReportView
Year Established1935
Employees70
Primary RegulatorOCC

Assets and Liabilities

Assets$191.95 million
Loans$153.22 million
Deposits$165.85 million
Equity Capital$16.23 million
Loan Loss Allowance$1.89 million
Unbacked Noncurrent Loans$856,000
Real Estate Owned$1.47 million

Historic Data - December 2011

Assets$190.27 million
Equity Capital$16.12 million
Loan Loss Allowance$1.70 million
Unbacked Noncurrent Loans$1.02 million
Real Estate Owned$1.40 million

Profit Margin - Quarterly

Net Interest Margin5.87%
Return on Assets1.9%
Return on Equity22.7%
Interest Income$11.43 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 First National Bank (LA) had $2.32 million in non-current loans and owned real-estate with $18.12 million in equity and loan loss allowances on hand to cover it. This gives First National Bank (LA) a Texas Ratio of 12.81% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for First National Bank (LA) held steady from 11.56% as of December 31, 2011 to 12.81% as of December 31, 2012, resulting in a negative change of 10.82%. This indicates that the balance sheet and financial strength for First National Bank (LA) has held steady in recent periods.
Deposit Growth4
In the past year, First National Bank (LA) has increased its total deposits by $2.11 million, resulting in 1.29% 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 First National Bank (LA) has shown is above average.
Capitalization3
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. First National Bank (LA) has $191.95 million in assets with $18.12 million in equity, resulting in a capitalization level of 9.44%, which is average.
Write Review

Cannot Recommend
1 stars - cdthompso1 - Thursday, March 17, 2011 - 7:30 PM

I look for several things in a deposit account:

1) a great rate on a relatively high balance threshold

2) quick ACH transfer service (not a bank that floats my money for two days)

2) strong online presence that includes Yodlee/Mint.com support

FNB Arcadia had a decent rate on their Kasasa rewards checking account, 3.55% on 15K when I opened my account. As with other rewards checking accounts, the requirement was 12 debit card purchases and one direct deposit per month to receive that rate.  After having the account opened for only two months, during which I met all of the requirements but kept my balance just over $15K, I received a notice that FNB deemed I was not using my account as a "primary checking account" and closed it, disabling my debit card without notifying me.  Embarrassingly, I discovered this at a cash register as I attemped to use my card when the cashier told me my card was lost/stolen. Not the way to treat a customer.

FNB does not have an ACH transfer service. Like many small banks, they recommend you set up your other accounts as payees in the bill payment solution.  While this results in an ACH transfer, it seems less than professional to do it this way.

FNB does not have a strong online presence.  The servicing and bill pay sites are outsourced to two different vendors and look quite unprofessional.  Yodlee does support FNB, but Mint.com does.

8

First National Has Been A Great Asset!
5 stars - BadRabbit - Thursday, January 3, 2013 - 3:11 PM

Even when trying to purchase a home 1500 miles away, FNB in Arcadia has been super!  Easy to call up and talk to a real live person.  Everyone is friendly, courteous and willing to find answers to my questions.  Plus the interest rate on my Kasasa Cash account makes all of my friends jealous. A great bank offering a great financial product.  

1