First National Bank (LA)


Overview / Commentary
318-263-8482
1890 North Railroad Avenue
Arcadia, LA 71001

First National Bank (LA) is headquartered in Arcadia and is the 57th largest bank in the state of Louisiana. It is also the 2,557th largest bank in the nation. It was established in 1935 and as of December of 2020, it had grown to 72 employees at 9 locations. First National Bank (LA) has an A health rating.

Reviews (3)

First National Has Been A Great Asset!

Posted by: |

Even when trying to purchase a home 1500 miles away, FNB in Arcadia has been super!  Easy to call up and talk to a real live person.  Everyone is friendly, courteous and willing to find answers to my questions.  Plus the interest rate on my Kasasa Cash account makes all of my friends jealous. A great bank offering a great financial product.  

It's Evident That They Don't Want Small Accounts!!!!!

Posted by: |

Ever since Parkvale bank went over to First National, I have had nothing but a hassle...First it was a charge of $2.00 monthly charge for maintenance. Then the new checks came and they decided they didn't like the short version on my first name so they gave me the NAME they wanted me to use...(I have had a checking acct. with Park Vale for more years then I can remember with the SAME name (shortened first name)....If that wasn't enough, without asking or giving my permission, I was put into the account that they wanted me to have with now a $10.00 a month maintenance charge....I get and got the message....."they don't want me in their bank"...so be it....I'm so out of there.

Cannot Recommend

I look for several things in a deposit account:

1) a great rate on a relatively high balance threshold

2) quick ACH transfer service (not a bank that floats my money for two days)

2) strong online presence that includes Yodlee/Mint.com support

FNB Arcadia had a decent rate on their Kasasa rewards checking account, 3.55% on 15K when I opened my account. As with other rewards checking accounts, the requirement was 12 debit card purchases and one direct deposit per month to receive that rate.  After having the account opened for only two months, during which I met all of the requirements but kept my balance just over $15K, I received a notice that FNB deemed I was not using my account as a "primary checking account" and closed it, disabling my debit card without notifying me.  Embarrassingly, I discovered this at a cash register as I attemped to use my card when the cashier told me my card was lost/stolen. Not the way to treat a customer.

FNB does not have an ACH transfer service. Like many small banks, they recommend you set up your other accounts as payees in the bill payment solution.  While this results in an ACH transfer, it seems less than professional to do it this way.

FNB does not have a strong online presence.  The servicing and bill pay sites are outsourced to two different vendors and look quite unprofessional.  Yodlee does support FNB, but Mint.com does.



Health

Health Grade Components

Overall
FDIC Certificate #15059
Year Established1935
Employees72
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.53%
Return on Equity - YTD15.97%
Annual Interest Income$14.0MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$270.1MM$249.0MM
LoansQ4 2020vs Q4 2019$227.7MM$213.0MM
DepositsQ4 2020vs Q4 2019$238.4MM$220.0MM
Equity CapitalQ4 2020vs Q4 2019$25.8MM$25.0MM
Loan Loss AllowanceQ4 2020vs Q4 2019$2.8MM$2.5MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$1.1MM$1.7MM
Real Estate OwnedQ4 2020vs Q4 2019$683.00K$326.00K
Rates

Rates for First National Bank (LA) are currently being reviewed.

Locations


First National Bank (LA) Locations
First National Bank1890 North Railroad AvenueArcadia, LA 71001
Ruston Toma Lodge Branch2001 North TrentonRuston, LA 71270
Ruston Downtown Branch212 W Alabama AveRuston, LA 71270
33 Branch2201 Farmerville HighwayRuston, LA 71270
Farmerville Branch310 East WaterFarmerville, LA 71241
West Monroe Cypress St Branch3510 Cypress StreetWest Monroe, LA 71291
Monroe 18th Street Branch1001 N. 18th StreetMonroe, LA 71201

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