Business First Bank

500 Laurel Street
Baton Rouge, LA 70801

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58228
Date Established 2006
Assets $1.59 billion
Loans $1.18 billion
Deposits $1.31 billion
Capital $0.18 billion

Business First Bank is an FDIC insured institution located in Baton Rouge, LA. It was founded in 2006 and has approximately $1.59 billion in assets. Customers can open an account at one of its 20 branches.

For a more detailed analysis of Business First 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 Business First Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Louisiana, Business First Bank has a significantly higher percent of Small Business 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 18.51
Multifamily
Mortgages
2.19
Credit Card Loans 0.00
Consumer Auto Loans 0.38
Small Business Loans 10.33
Construction and Development Loans 16.18
Commercial Real Estate 33.12
Commercial and Industrial Loans 22.97
Farm Loans 0.27

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.20% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.50% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
1.05% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.15% $2,500 - Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 25K
0.25% $25,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.15% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Business First Bank

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 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.325% 4.250% 0.50 $2,354 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More
Rocket Mortgage
NMLS ID: 3030
4.875% 4.875% 0.00 $0 $1,324 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Flagstar Bank 5.740% $291.47 Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More

Note to Business First Bank
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Branches

Business First 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


Business First Bank Locations

Financial Details

Business First Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Business First 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
Business First Bank U.S. Bank Average
8.81% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2018, Business First Bank had $15,144,000 in non-current loans and $1,282,000 in owned real estate. To cover these potential losses it had $176,746,000 in equity and $9,647,000 in loans loss reserves. That gives it a Texas Ratio of 8.81%.

Return on Equity
Business First Bank U.S. Bank Average
10.82% 9.35%

Business First Bank has a Return on Equity of 10.82% versus the BestCashCow average of 9.35%. 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
Business First Bank U.S. Bank Average
11.12% 12.01%

Business First Bank has a Capitalization of 11.12% versus the BestCashCow average of 12.01. 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.

Business First Bank Balance Sheet Analysis

As of March 31, 2018, Business First Bank had assets of $1,590,131,000, loans of $1,181,950,000, and deposits of $1,313,229,000. 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

ASSETS
Cash & Balances due from depository institutions $0.04 billion
Interest-bearing balances $0.00 billion
Total securities $0.26 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $1.18 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.04 billion
All other assets $0.04 billion
     Total Assets $1.41 billion
LIABILITIES
Total deposits $1.31 billion
      Interest-bearing deposits $1.01 billion
      Deposits held in domestic offices $1.31 billion
      % insured (estimated) 67.93%
Federal funds purchased and repurchase agreements $0.02 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.08 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $1.41 billion
      Shareholders’ Equity $0.18 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Business First Bank

Branches and Savings

Is Business First Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58228.

Why does Business First Bank pay such low interest on savings accounts?

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

Why are Business First Bank CD rates not competitive?

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

Is Business First Bank a commercial bank?

Yes

Where are Business First Bank locations?

See branch locations nearby.

Is Business First Bank open on Saturdays?

Is Business First Bank open on Sundays?

What time does Business First Bank open?

What time does Business First Bank close?

Are Business First Bank ATMs Open 24/7?

Do Business First Bank ATMs accept cash deposits?

Can Business First Bank customers use other ATMs?

Do Business First Bank branches have notaries?

Will Business First Bank notarize my document?

What address for Business First Bank should I put for incoming ACH transfers?

Will the Business First Bank branch print checks?

Do Business First Bank checks expire?

Does Business First Bank require US citizenship to open account?

Can Business First Bank close my account?

Does Business First Bank Report to credit bureaus?

Does Business First Bank Use Equifax?

What is Business First Bank's ACH Routing Number?

What is Business First Bank's SWIFT code?

Products

Does Business First Bank offer mortgages?

Compare mortgage rates here.

Does Business First Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Business First Bank offer personal loans?

Compare personal loan rates here.

Does Business First Bank offer student loans?

Will Business First Bank cash a check?

Will Business First Bank redeem a savings bond?

Does Business First Bank cash savings bonds?

Will Business First Bank cash money orders?

Can Business First Bank issue a money order?

Does Business First Bank do currency exchange?

Background on The Bank

Who owns Business First Bank?

How long has Business First Bank been around?

Can Business First Bank transfer to other banks?

Does Business First Bank have quick pay?

Does Business First Bank accept rolled coins?

Will Business First Bank accept loose change?

Where is Business First Bank headquarters?

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