Bank of Erath is headquartered in ERATH and is the 92nd largest bank in the state of Louisiana. It is also the 3,725th largest bank in the nation. It was established in 1910 and as of June of 2024, it had grown to 27 employees at 3 locations. Bank of Erath has a C+ health rating.
Overall | |
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FDIC Certificate # | 8532 |
Year Established | 1910 |
Employees | 27 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.56% |
Return on Equity - YTD | 5.09% |
Annual Interest Income | $2.6MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $113.2MM$113.7MM |
Loans | Q2 2024vs Q2 2023 | $60.7MM$65.5MM |
Deposits | Q2 2024vs Q2 2023 | $96.2MM$97.2MM |
Equity Capital | Q2 2024vs Q2 2023 | $12.8MM$11.8MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $727K$847K |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.9MM$925K |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$45K |
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Bank of Erath Locations | ||
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Bank Of Erath | 105 W Edward St | Erath, LA 70533 |
Abbeville Branch | 1309 Charity Street | Abbeville, LA 70510 |
Delcambre Branch | Railroad and Main Streets | Delcambre, LA 70528 |