Bank of Erath

Overview / Commentary
105 W. Edwards Street
Erath, LA 70533

Bank of Erath is headquartered in ERATH and is the 94th largest bank in the state of Louisiana. It is also the 3,753rd largest bank in the nation. It was established in 1910 and as of December of 2023, it had grown to 27 employees at 3 locations. Bank of Erath has a B health rating.


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Health Grade Components

FDIC Certificate #8532
Year Established1910
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD8.3%
Annual Interest Income$5.1MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$114.6MM$117.9MM
LoansQ4 2023vs Q4 2022$59.3MM$63.3MM
DepositsQ4 2023vs Q4 2022$98.1MM$105.9MM
Equity CapitalQ4 2023vs Q4 2022$12.4MM$11.1MM
Loan Loss AllowanceQ4 2023vs Q4 2022$850K$804K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$1.2MM$865K
Real Estate OwnedQ4 2023vs Q4 2022$0$45K

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

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