Louisiana National Bank

Headquarters

2001 N Trenton St
Ruston, LA 71270
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Louisiana National Bank is an FDIC insured institution located in Ruston, LA. It was founded in 1935 and has approximately $0.29 billion in assets. Customers can open an account at one of its 9 branches.

FDIC Insured Yes
FDIC Certificate # 15059
Date Established 1935
Assets $ 291.59 million
Loans $ 231.28 million
Deposits $ 259.58 million
Capital $ 25.62 million
 

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

Deposit Rates - September 23, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - September 23, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Louisiana National Bank

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 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Better.com
NMLS ID: 330511
2.943% 2.875%
0.88 points
$2,182 fees
$1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

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Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
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BMO Harris Bank
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After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
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Third Federal Savings and Loan
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2.240 %
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Note to Louisiana National Bank
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Branches

Louisiana National 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:
Fairfield,Connecticut


Louisiana National Bank Locations


Financial Details

Louisiana National Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Louisiana National 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
Louisiana National Bank U.S. Bank Average
3.08% 5.29%

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, 2021, Louisiana National Bank had $783,000 in non-current loans and $95,000 in owned real estate. To cover these potential losses it had $25,623,000 in equity and $2,855,000 in loans loss reserves. That gives it a Texas Ratio of 3.08%.

Return on Equity
Louisiana National Bank U.S. Bank Average
11.14% 11.43%

Louisiana National Bank has a Return on Equity of 11.14% versus the BestCashCow average of 11.43%. 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
Louisiana National Bank U.S. Bank Average
8.79% 11.51%

Louisiana National Bank has a Capitalization of 8.79% versus the BestCashCow average of 11.51. 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.

Louisiana National Bank Balance Sheet Analysis

As of March 31, 2021, Louisiana National Bank had assets of $291,592,000, loans of $231,277,000, and deposits of $259,577,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 30.05 million
Interest-bearing balances $ 25.96 million
Total securities $ 1.68 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 231.28 million
Loan loss allowance $ 2.86 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.10 million
Goodwill and other intangibles $ 0.14 million
All other assets $ 7.96 million
     Total Assets $ 265.97 million
LIABILITIES
Total deposits $ 259.58 million
      Interest-bearing deposits $ 163.80 million
      Deposits held in domestic offices $ 259.58 million
      % insured (estimated) 77.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 1.87 million
Subordinated debt N.A.
All other liabilities $ 4.52 million
      Total Liabilities $ 265.97 million
      Shareholders’ Equity $ 25.62 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 3.38 million
Total Interest Expense $ 0.13 million
Net interest income $ 3.25 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 0.38 million
Total non interest expense $ 2.82 million
Pre-tax Net Operating Income $ 0.72 million

Bank Loan Profile?

The top three loan types in Louisiana National Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Louisiana, Louisiana National Bank has a significantly higher percent of Multifamily Mortgages, Commercial Real Estate 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 19.66
Multifamily
Mortgages
4.44
Credit Card Loans 0.00
Consumer Auto Loans 0.37
Small Business Loans 0.00
Construction and Development Loans 8.60
Commercial Real Estate 44.91
Commercial and Industrial Loans 9.47
Farm Loans 0.24

Frequently Asked Questions About Louisiana National Bank

Branches and Savings

Is Louisiana National Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15059.

Why does Louisiana National Bank pay such low interest on savings accounts?

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

Why are Louisiana National Bank CD rates not competitive?

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

Is Louisiana National Bank a commercial bank?

Yes

Where are Louisiana National Bank locations?

See branch locations nearby.

Is Louisiana National Bank open on Saturdays?

Is Louisiana National Bank open on Sundays?

What time does Louisiana National Bank open?

What time does Louisiana National Bank close?

Are Louisiana National Bank ATMs Open 24/7?

Do Louisiana National Bank ATMs accept cash deposits?

Can Louisiana National Bank customers use other ATMs?

Do Louisiana National Bank branches have notaries?

Will Louisiana National Bank notarize my document?

What address for Louisiana National Bank should I put for incoming ACH transfers?

Will the Louisiana National Bank branch print checks?

Do Louisiana National Bank checks expire?

Does Louisiana National Bank require US citizenship to open account?

Can Louisiana National Bank close my account?

Does Louisiana National Bank Report to credit bureaus?

Does Louisiana National Bank Use Equifax?

What is Louisiana National Bank's ACH Routing Number?

What is Louisiana National Bank's SWIFT code?

Products

Does Louisiana National Bank offer mortgages?

Compare mortgage rates here.

Does Louisiana National Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Louisiana National Bank offer personal loans?

Compare personal loan rates here.

Does Louisiana National Bank offer student loans?

Will Louisiana National Bank cash a check?

Will Louisiana National Bank redeem a savings bond?

Does Louisiana National Bank cash savings bonds?

Will Louisiana National Bank cash money orders?

Can Louisiana National Bank issue a money order?

Does Louisiana National Bank do currency exchange?

Background on The Bank

Who owns Louisiana National Bank?

How long has Louisiana National Bank been around?

Can Louisiana National Bank transfer to other banks?

Does Louisiana National Bank have quick pay?

Does Louisiana National Bank accept rolled coins?

Will Louisiana National Bank accept loose change?

Where is Louisiana National Bank headquarters?

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