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  2. Synergy Bank

Synergy Bank


Overview / Commentary
www.synergybank.com
985-851-3341
210 Synergy Center Boulevard
Houma, LA 70360

Synergy Bank is headquartered in Houma and is the 19th largest bank in the state of Louisiana. It is also the 1,127th largest bank in the nation. It was established in 1999 and as of June of 2022, it had grown to 119 employees at 6 locations. Synergy Bank has an A health rating.

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Health
A

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #34978
Year Established1999
Employees119
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.62%
Return on Equity - YTD17.81%
Annual Interest Income$12.3MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$856.3MM$744.6MM
LoansQ2 2022vs Q2 2021$379.8MM$395.2MM
DepositsQ2 2022vs Q2 2021$773.1MM$667.2MM
Equity CapitalQ2 2022vs Q2 2021$80.2MM$74.7MM
Loan Loss AllowanceQ2 2022vs Q2 2021$7.8MM$9.3MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.9MM$2.1MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Synergy Bank are currently being reviewed.

Locations


Synergy Bank Locations
Tunnel Office Branch1036 West Tunnel BoulevardHouma, LA 70360
Thibodaux Office209 East Bayou RoadThibodaux, LA 70301
Synergy Bank210 Synergy Center BlvdHouma, LA 70360
Gray Office Branch3855 West Park AvenueGray, LA 70359
East Houma Office919 Grand Caillou RoadHouma, LA 70363
South Acadia Office1070 South Acadia RoadThibodaux, LA 70301

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