Washington State Bank (LA)

Overview / Commentary

www.wsbankla.com

337-826-3641

103 N. Main St.
Washington, LA 70589

Washington State Bank (LA) is headquartered in Washington and is the 65^th largest bank in the state of Louisiana. It is also the 2,799^th largest bank in the nation. It was established in 1893 and as of June of 2020, it had grown to 55 employees at 7 locations. Washington State Bank (LA) has a B health rating.

Washington State Bank Free Kasasa Cash Available In 7 LA Parishes - 7/30/2020

Washington State Bank Kasasa Cash currently earns a top rate on qualifying balances up to $15k. Kasasa Saver earns a competitive rate on qualifying balances up to $25k.

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Health

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #	9326
Year Established	1893
Employees	55
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.26%
Return on Equity - YTD	2.6%
Annual Interest Income	$4.5MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$228.1MM$206.1MM
Loans	Q2 2020vs Q2 2019	$147.8MM$157.6MM
Deposits	Q2 2020vs Q2 2019	$204.4MM$176.6MM
Equity Capital	Q2 2020vs Q2 2019	$21.6MM$21.5MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$1.9MM$2.1MM
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$3.4MM$928.00K
Real Estate Owned	Q2 2020vs Q2 2019	$326.00K$0

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