Bank of Erath


Overview / Commentary
337-937-5816
105 W. Edwards Street
Erath, LA 70533

Bank of Erath is headquartered in ERATH and is the 93rd largest bank in the state of Louisiana. It is also the 3,721st largest bank in the nation. It was established in 1910 and as of December of 2024, it had grown to 27 employees at 3 locations. Bank of Erath has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #8532
Year Established1910
Employees27
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD5.04%
Annual Interest Income$5.4MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$111.5MM$114.6MM
LoansQ4 2024vs Q4 2023$54.9MM$59.3MM
DepositsQ4 2024vs Q4 2023$97.7MM$98.1MM
Equity CapitalQ4 2024vs Q4 2023$13.1MM$12.4MM
Loan Loss AllowanceQ4 2024vs Q4 2023$723K$850K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$2.6MM$1.2MM
Real Estate OwnedQ4 2024vs Q4 2023$5K$0
Rates

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Locations


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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