Basile State Bank

3031 Stagg Ave
Basile, LA 70515

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17621
Date Established 1956
Assets $0.05 billion
Loans $0.04 billion
Deposits $0.05 billion
Capital $0.01 billion

Basile State Bank is an FDIC insured institution located in Basile, LA. It was founded in 1956 and has approximately $0.05 billion in assets. Customers can open an account at one of its 2 branches.

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

Bank Loan Profile?

The top three loan types in Basile State Bank’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Louisiana, Basile State Bank has a significantly higher percent of 1-4 Family Residential Loans, 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 55.16
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 3.70
Small Business Loans 10.97
Construction and Development Loans 3.04
Commercial Real Estate 10.97
Commercial and Industrial Loans 6.87
Farm Loans 10.56

Savings Rates

Your Current Location: Virginia, VA 20146

Loan Rates

Your Current Location: Virginia, VA 20146

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Branches

Basile State Bank 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


Basile State Bank Locations

Financial Details

Basile State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Basile State Bank. 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
Basile State Bank U.S. Bank Average
22.48% 8.87%

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of March 31, 2017, Basile State Bank had $1,425,000 in non-current loans and $74,000 in owned real estate. To cover these potential losses it had $6,058,000 in equity and $611,000 in loans loss reserves. That gives it a Texas Ratio of 22.48%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Basile State Bank U.S. Bank Average
18.44% 8.39%

Basile State Bank has a Return on Equity of 18.44% versus the BestCashCow average of 8.39%. 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
Basile State Bank U.S. Bank Average
11.24% 11.94%

Basile State Bank has a Capitalization of 11.24% versus the BestCashCow average of 11.94%. 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.

Basile State Bank Balance Sheet Analysis

As of March 31, 2017, Basile State Bank had assets of $53,903,000, loans of $43,358,000, and deposits of $47,718,000. 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.

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