Overview / Commentary
First American Bank and Trust is headquartered in VACHERIE and is the 9th largest bank in the state of Louisiana. It is also the 806th largest bank in the nation. It was established in 1910 and as of June of 2024, it had grown to 222 employees at 25 locations. First American Bank and Trust's CD rates are 5X the national average, and it has a B+ health rating.
Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 8149 |
| Year Established | 1910 |
| Employees | 222 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 8.45% |
| Annual Interest Income | $30.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $1.34B$1.42B |
| Loans | Q2 2024vs Q2 2023 | $820.6MM$809.9MM |
| Deposits | Q2 2024vs Q2 2023 | $1.18B$1.19B |
| Equity Capital | Q2 2024vs Q2 2023 | $128.6MM$117.6MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $15MM$15.6MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $7.5MM$3.9MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
