Bank of Coushatta

Headquarters

1525 Ringgold Avenue
Coushatta, LA 71019
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.91% →
1-Year CD 0.45% 0.85% →
2-Year CD 0.65% 0.95% →
5-Year CD 1.00% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Bank of Coushatta is an FDIC insured institution located in Coushatta, LA. It was founded in 1897 and has approximately $0.24 billion in assets.

FDIC Insured Yes
FDIC Certificate # 8531
Date Established 1897
Assets $ 238.47 million
Loans $ 91.53 million
Deposits $ 189.82 million
Capital $ 20.80 million
 

For a more detailed analysis of Bank of Coushatta's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 26, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $51 - Learn More
Money Market
0.20% $2,500 - Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $10,000 - Learn More
6 Mo CD
0.30% $10,000 - Learn More
12 Mo CD
0.45% $10,000 - Learn More
18 Mo CD
0.55% $10,000 - Learn More
24 Mo CD
0.65% $10,000 - Learn More
36 Mo CD
0.75% $10,000 - Learn More
60 Mo CD
1.00% $10,000 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.20% $2,000 - Learn MoreShow Less
 

Loan Rates - November 26, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Bank of Coushatta

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
2.566% 2.500% 0.88 $2,170 $988 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.589% 2.500% 1.00 $2,915 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.240 %
$0 Learn More
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Note to Bank of Coushatta
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Branches

Bank of Coushatta branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Bank of Coushatta Locations


Financial Details

Bank of Coushatta Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Coushatta. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Coushatta U.S. Bank Average
14.72% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Bank of Coushatta had $3,179,000 in non-current loans and $65,000 in owned real estate. To cover these potential losses it had $20,796,000 in equity and $1,242,000 in loans loss reserves. That gives it a Texas Ratio of 14.72%.

Return on Equity
Bank of Coushatta U.S. Bank Average
12.54% 7.80%

Bank of Coushatta has a Return on Equity of 12.54% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of Coushatta U.S. Bank Average
8.72% 12.68%

Bank of Coushatta has a Capitalization of 8.72% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Coushatta Balance Sheet Analysis

As of March 31, 2020, Bank of Coushatta had assets of $238,468,000, loans of $91,533,000, and deposits of $189,817,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 16.66 million
Interest-bearing balances $ 12.22 million
Total securities $ 123.81 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 91.53 million
Loan loss allowance $ 1.24 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.07 million
Goodwill and other intangibles N.A.
All other assets $ 4.73 million
     Total Assets $ 217.67 million
LIABILITIES
Total deposits $ 189.82 million
      Interest-bearing deposits $ 147.32 million
      Deposits held in domestic offices $ 189.82 million
      % insured (estimated) 47.36%
Federal funds purchased and repurchase agreements $ 27.66 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.20 million
      Total Liabilities $ 217.67 million
      Shareholders’ Equity $ 20.80 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.25 million
Total Interest Expense $ 0.46 million
Net interest income $ 1.79 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.12 million
Total non interest expense $ 1.21 million
Pre-tax Net Operating Income $ 0.70 million

Bank Loan Profile?

The top three loan types in Bank of Coushatta’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Louisiana, Bank of Coushatta has a significantly higher percent of Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 38.55
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.60
Small Business Loans 0.00
Construction and Development Loans 19.51
Commercial Real Estate 24.53
Commercial and Industrial Loans 6.56
Farm Loans 0.46

Frequently Asked Questions About Bank Of Coushatta

Branches and Savings

Is Bank Of Coushatta FDIC insured?

Yes. It is covered under FDIC Certificate #8531.

Why does Bank Of Coushatta pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank Of Coushatta CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank Of Coushatta a commercial bank?

Yes

Where are Bank Of Coushatta locations?

See branch locations nearby.

Is Bank Of Coushatta open on Saturdays?

Is Bank Of Coushatta open on Sundays?

What time does Bank Of Coushatta open?

What time does Bank Of Coushatta close?

Are Bank Of Coushatta ATMs Open 24/7?

Do Bank Of Coushatta ATMs accept cash deposits?

Can Bank Of Coushatta customers use other ATMs?

Do Bank Of Coushatta branches have notaries?

Will Bank Of Coushatta notarize my document?

What address for Bank Of Coushatta should I put for incoming ACH transfers?

Will the Bank Of Coushatta branch print checks?

Do Bank Of Coushatta checks expire?

Does Bank Of Coushatta require US citizenship to open account?

Can Bank Of Coushatta close my account?

Does Bank Of Coushatta Report to credit bureaus?

Does Bank Of Coushatta Use Equifax?

What is Bank Of Coushatta's ACH Routing Number?

What is Bank Of Coushatta's SWIFT code?

Products

Does Bank Of Coushatta offer mortgages?

Compare mortgage rates here.

Does Bank Of Coushatta offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank Of Coushatta offer personal loans?

Compare personal loan rates here.

Does Bank Of Coushatta offer student loans?

Will Bank Of Coushatta cash a check?

Will Bank Of Coushatta redeem a savings bond?

Does Bank Of Coushatta cash savings bonds?

Will Bank Of Coushatta cash money orders?

Can Bank Of Coushatta issue a money order?

Does Bank Of Coushatta do currency exchange?

Background on The Bank

Who owns Bank Of Coushatta?

How long has Bank Of Coushatta been around?

Can Bank Of Coushatta transfer to other banks?

Does Bank Of Coushatta have quick pay?

Does Bank Of Coushatta accept rolled coins?

Will Bank Of Coushatta accept loose change?

Where is Bank Of Coushatta headquarters?

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