Bank of Gueydan

Headquarters

111 Main Street
Gueydan, LA 70542
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.65% →
1-Year CD N.A. 2.02% →
2-Year CD N.A. 2.87% →
5-Year CD N.A. 3.50% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Bank of Gueydan is an FDIC insured institution located in Gueydan, LA. It was founded in 1927 and has approximately $0.08 billion in assets.

FDIC Insured Yes
FDIC Certificate # 8144
Date Established 1927
Assets $ 78.93 million
Loans $ 17.65 million
Deposits $ 62.63 million
Capital $ 15.61 million
 

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

Deposit Rates - July 3, 2022

Your Current Location: Virginia, VA 20146

 

Loan Rates - July 3, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Gueydan

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2022

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Payment
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AmeriSave Mortgage Corporation
NMLS ID: 1168
5.955% 5.875%
0.75 points
$2,155 fees
$1,479 Learn More
First Internet Bank
NMLS ID: 424182
5.189% 5.125%
0.75 points
$1,815 fees
$1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
5.750% 5.625%
0.88 points
$3,438 fees
$1,440 Learn More
Morty, Inc.
NMLS ID: 1429243
4.817% 4.750%
0.75 points
$1,940 fees
$1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 4.240 %
After Intro: 5.250 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Bank of Gueydan
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Branches

Bank of Gueydan 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:
Ashburn,Virginia


Bank of Gueydan Locations



Climate Initiatives

Bank of Gueydan is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Bank of Gueydan Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Gueydan. 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 Gueydan U.S. Bank Average
1.43% 3.95%

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 December 31, 2021, Bank of Gueydan had $231,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $15,612,000 in equity and $554,000 in loans loss reserves. That gives it a Texas Ratio of 1.43%.

Return on Equity
Bank of Gueydan U.S. Bank Average
2.88% 10.50%

Bank of Gueydan has a Return on Equity of 2.88% versus the BestCashCow average of 10.50%. 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 Gueydan U.S. Bank Average
19.78% 11.55%

Bank of Gueydan has a Capitalization of 19.78% versus the BestCashCow average of 11.55. 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 Gueydan Balance Sheet Analysis

As of December 31, 2021, Bank of Gueydan had assets of $78,927,000, loans of $17,652,000, and deposits of $62,626,000. 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

December 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 5.71 million
Interest-bearing balances $ 2.52 million
Total securities $ 50.98 million
Federal funds sold and reverse repurchase $ 3.55 million
Net loans and leases $ 17.65 million
Loan loss allowance $ 0.55 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 0.86 million
     Total Assets $ 63.32 million
LIABILITIES
Total deposits $ 62.63 million
      Interest-bearing deposits $ 43.92 million
      Deposits held in domestic offices $ 62.63 million
      % insured (estimated) 92.96%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.69 million
      Total Liabilities $ 63.32 million
      Shareholders’ Equity $ 15.61 million

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 1.80 million
Total Interest Expense $ 0.11 million
Net interest income $ 1.69 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.13 million
Total non interest expense $ 1.27 million
Pre-tax Net Operating Income $ 0.55 million

Bank Loan Profile?

The top three loan types in Bank of Gueydan’s loan portfolio are Commercial and Industrial Loans, Farm Loans, and Commercial Real Estate.

Compared to other banks in Louisiana, Bank of Gueydan has a significantly higher percent of Farm 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 2.59
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 9.10
Small Business Loans 8.95
Construction and Development Loans 0.00
Commercial Real Estate 13.40
Commercial and Industrial Loans 23.06
Farm Loans 14.14

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