Lafayette State Bank
Overview / Commentary
Lafayette State Bank is headquartered in Mayo and is the 101st largest bank in the state of Florida. It is also the 4,133rd largest bank in the nation. It was established in 1946 and as of December of 2018, it had grown to 35 employees at 4 locations. Lafayette State Bank has a C health rating.
Health
C
Data as of Q4 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Lafayette State Bank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16396 |
| Year Established | 1946 |
| Employees | 35 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.34% |
| Return on Equity - YTD | 5.92% |
| Annual Interest Income | $3.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $99.7MM$82.1MM |
| Loans | Q4 2018vs Q4 2017 | $61.9MM$53.5MM |
| Deposits | Q4 2018vs Q4 2017 | $93.5MM$75.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $6.0MM$4.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $544.00K$526.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $2.6MM$4.6MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $3.1MM$5.8MM |
Rates
Sorry, we do not have rate data for Lafayette State Bank.
Locations
| Lafayette State Bank Locations | ||
|---|---|---|
| Branford Branch | 103 U S Highway 27 East | Branford, FL 32008 |
| Live Oak Branch | 106 Grand Street | Live Oak, FL 32064 |
| Bell Office Branch | 1119 South Main Street | Bell, FL 32619 |
| Lafayette State Bank | 340 West Main Street | Mayo, FL 32066 |