Gibsland Bank & Trust Company is headquartered in Gibsland and is the 46th largest bank in the state of Louisiana. It is also the 2,193rd largest bank in the nation. It was established in 1948 and as of March of 2014, it had grown to 84 employees at 9 locations. Gibsland Bank & Trust Company's savings rates are 3X the national average, and it has a B+ health rating.
I contacted them via email about opening an account and they were very prompt to respond. It does require a branch visit. It is not too far from Shreveport so if you going there to gamble from Texas you can swing by easily.
On another note, the new TurboTax for 2013 is out.
I use TurboTax to do my taxes each year and have been using it since 1998. It works for me in my tax situation.
I have found a company that sells it as a download i.e., no box, for a very reasonable price. I also get a credit against my purchase. If you are interested in using TurboTax this year here is the new 2013 link.
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 Gibsland Bank & Trust Company had $4.8 million in non-current loans and owned real-estate with $29.64 million in equity and loan loss allowances on hand to cover it. This gives Gibsland Bank & Trust Company a Texas Ratio of 16.19% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Gibsland Bank & Trust Company decreased dramatically from 29.64% as of March 31, 2013 to 16.19% as of March 31, 2014, resulting in a positive change of 45.38%.This indicates that the balance sheet and financial strength for Gibsland Bank & Trust Company has improved dramatically in recent periods.
In the past year, Gibsland Bank & Trust Company has increased its total deposits by $33.31 million, resulting in 14.71% 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 Gibsland Bank & Trust Company 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. Gibsland Bank & Trust Company has $297.04 million in assets with $29.64 million in equity, resulting in a capitalization level of 9.98%, which is above average.
|FDIC Certificate #||16689|
|Assets and Liabilities|
|Equity Capital||$28.37 million|
|Loan Loss Allowance||$1.27 million|
|Unbacked Noncurrent Loans||$1.90 million|
|Real Estate Owned||$2.89 million|
|Historic Data - March 2013|
|Equity Capital||$24.48 million|
|Loan Loss Allowance||$1.03 million|
|Unbacked Noncurrent Loans||$1.90 million|
|Real Estate Owned||$3.31 million|
|Profit Margin - Quarterly|
|Net Interest Margin||5.39%|
|Return on Assets||1.21%|
|Return on Equity||12.88%|
|Interest Income||$4.01 million|
Always verify rates and promotions with the bank or credit union. We are not Gibsland Bank & Trust Company, we are a rate comparison website and can not provide official rates or promotions.
|1.51%||-||$25k||RealSaver - Qualifying|
|0.25%||$300||-||Consumer Savings Account|
|0.20%||$300||-||Commercial Savings Account|
|0.15%||-||-||RealSaver - Non Qualifying|
|0.15%||$1k||-||Consumer Money Market Account|
|0.15%||$1k||-||Commercial Plus Business Money Market Account|
|4.11%||-||$15k||Rewards Checking - Qualifying|
|1.04%||$500k||-||GBT Gold Medallion|
|0.20%||$1,500||-||Consumer Super NOW Account|
|0.15%||$1k||-||Consumer NOW Account|
|0.15%||$1k||-||Commercial Now Account|
|0.15%||-||$15k||Rewards Checking - Non Qualifying|
|1.97%||$250k||-||120 Month CD|
|1.31%||$250k||-||60 Month CD|
|1.26%||$250k||-||36 Month CD|
|1.26%||$250k||-||84 Month CD|
|1.21%||$250k||-||30 Month CD|
|1.11%||$250k||-||24 Month CD|
|0.95%||$250k||-||18 Month CD|
|0.70%||$250k||-||12 Month CD|
|0.60%||$250k||-||30 Month Public Funds CD|
|0.50%||$250k||-||24 Month Public Funds CD|
|0.45%||$250k||-||6 Month CD|
|0.40%||$250k||-||18 Month Public Funds CD|
|0.30%||$250k||-||12 Month Public Funds CD|
|0.18%||$250k||-||3 Month CD|
|0.15%||$250k||-||6 Month Public Funds CD|
|0.10%||$1k||-||7-31 Day CD|
|0.07%||$250k||-||3 Month Public Funds CD|
|0.55%||-||-||18 Month IRA CD|
|Gibsland Bank & Trust Company Locations|
|Gibsland Bank & Trust Company||1246 Third Street||Gibsland, LA 71028|
|Minden Homer Road Branch||1374 Homer Road||Minden, LA 71055|
|Minden Wal-Mart Supercenter Branch||1379 Homer Road||Minden, LA 71055|
|Athens Branch||15315 Hwy 9||Athens, LA 71003|
|Arcadia Branch||1820 Second Street||Arcadia, LA 71001|
|Sibley Branch||318 North Main Street||Sibley, LA 71073|
|Bossier Branch||5360 Eat Texas Street||Bossier City, LA 71111|
|Homer Branch||813 West Main Street||Homer, LA 71040|
|Mansfield Road Branch||9709 Mansfield Road||Shreveport, LA 71118|