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Bank of Erath


Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.20%5-year CD5 Years CD
0.50%1-year CD1 Year CD
0.25%SavingsSavings Passbook

Overview / Commentary
337-937-5816
105 West Edwards
Erath, LA 70533

Bank of Erath is headquartered in Erath and is the 106th largest bank in the state of Louisiana. It is also the 4,267th largest bank in the nation. It was established in 1910 and as of June of 2017, it had grown to 32 employees at 3 locations. Bank of Erath has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #8532
Year Established1910
Employees32
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.53%
Return on Equity - YTD3.98%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$102.1MM$104.2MM
LoansQ2 2017vs Q2 2016$66.7MM$68.3MM
DepositsQ2 2017vs Q2 2016$88.1MM$90.2MM
Equity CapitalQ2 2017vs Q2 2016$13.7MM$13.5MM
Loan Loss AllowanceQ2 2017vs Q2 2016$453.00K$657.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$580.00K$2.8MM
Real Estate OwnedQ2 2017vs Q2 2016$450.00K$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of Erath Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-Savings Passbook
0.10%$1k-Christmas Club

Bank of Erath Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$100k*-Money Market Investment Account
OTHER TIERS: 0.10% $1,500 - $100k

Bank of Erath Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$1k-Personal NOW Checking
0.25%$1k-Business NOW Checking

Bank of Erath CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.20%$1k-5 Years CD
1.00%$1k-3 Years CD
0.75%$1k-2 Years CD
0.50%$1k-1 Year CD
0.40%$1k-6 Months CD

Bank of Erath IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.20%$1k-5 Years IRA
1.00%$1k-3 Years IRA
0.75%$1k-2 Years IRA
0.50%$1k-1 Year IRA
Locations


Bank of Erath Locations
Bank Of Erath105 West EdwardsErath, LA 70533
Abbeville Branch1309 Charity StreetAbbeville, LA 70510
Delcambre BranchRailroad and Main StreetsDelcambre, LA 70528