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Overview / Commentary
337-937-5816
105 West Edwards
Erath, LA 70533

Bank of Erath is headquartered in Erath and is the 108th largest bank in the state of Louisiana. It is also the 4,361st largest bank in the nation. It was established in 1910 and as of September of 2016, it had grown to 36 employees at 3 locations. Bank of Erath has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #8532
Year Established1910
Employees36
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.59%
Return on Equity - YTD4.45%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$101.8MM$98.7MM
LoansQ3 2016vs Q3 2015$67.8MM$65.8MM
DepositsQ3 2016vs Q3 2015$87.6MM$84.4MM
Equity CapitalQ3 2016vs Q3 2015$13.6MM$13.4MM
Loan Loss AllowanceQ3 2016vs Q3 2015$374.00K$669.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$2.3MM$347.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of Erath Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-Savings Passbook
0.10%$1k-Christmas Club

Bank of Erath Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$100k*-Money Market Investment Account
OTHER TIERS: 0.10% $1,500 - $100k

Bank of Erath Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-Personal NOW Checking
0.25%$1k-Business NOW Checking

Bank of Erath CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$1k-5 Years Jumbo CD
1.20%$1k-5 Years CD
1.10%$1k-3 Years Jumbo CD
1.00%$1k-3 Years CD
1.00%$1k-2 Years Jumbo CD
0.75%$1k-1 Year Jumbo CD
0.75%$1k-2 Years CD
0.65%$1k-6 Months Jumbo CD
0.50%$1k-1 Year CD
0.40%$1k-6 Months CD

Bank of Erath IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.20%$1k-5 Years IRA
1.10%$1k-3 Years IRA
0.75%$1k-2 Years IRA
0.50%$1k-1 Year IRA
Locations


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