Simmesport State Bank
LOCATIONS
1
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HEALTH RATING
B
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CURRENT TOP RATE
2.01% APY
60 Month CD
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Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.01% | 5-year CD | 60 Month CD 2.25% - Ally Bank High Yield 5 Year CD |
| 0.55% | 1-year CD | 12 Month CD 1.35% - Ally Bank High Yield 12-Month CD |
| 0.15% | Savings | Passbook Savings 1.05% - Barclays Online Savings Account |
Overview / Commentary
Simmesport State Bank is headquartered in Simmesport and is the 114th largest bank in the state of Louisiana. It is also the 4,811th largest bank in the nation. It was established in 1956 and as of March of 2017, it had grown to 18 employees at 1 location. Simmesport State Bank has a B health rating.
Health
B
Data as of Q1 2017
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. Simmesport State Bank has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17587 |
| Year Established | 1956 |
| Employees | 18 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.53% |
| Return on Equity - YTD | 10.41% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $75.2MM$73.3MM |
| Loans | Q1 2017vs Q1 2016 | $62.5MM$61.1MM |
| Deposits | Q1 2017vs Q1 2016 | $63.7MM$62.4MM |
| Equity Capital | Q1 2017vs Q1 2016 | $11.3MM$10.7MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $481.00K$428.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $2.1MM$1.5MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $162.00K$95.00K |
Rates
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Simmesport State Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.76% | $200 | - | IRA | |
| 0.15% | $100 | - | Passbook Savings |
Simmesport State Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | $2,500 | - | Money Market |
Simmesport State Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | $1k | - | NOW Account |
Simmesport State Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.01% | $5k | - | 60 Month CD | |
| 1.91% | $5k | - | 48 Month CD | |
| 0.80% | $5k | - | 24 Month CD | |
| 0.55% | $5k | - | 12 Month CD | |
| 0.50% | $5k | - | 6 Month CD | |
| 0.15% | $5k | - | 3 Month CD |
Locations
| Simmesport State Bank Locations | ||
|---|---|---|
| Simmesport State Bank | Highway 1 and Laurel Street | Simmesport, LA 71369 |