Banks | South Lafourche Bank & Trust Company

South Lafourche Bank & Trust Company


South Lafourche Bank & Trust Company is an FDIC insured institution headquartered at 13226 W Main St, Larose, LA 70373.
It was founded in 1967 and has approximately $0 billion in assets. Customers can open an account at one of its 5 branches.

Deposit Rates - December 22, 2024

SAVINGS RATES APY MIN
Savings
0.20% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.45% $10,000 Compare
6 Mo CD
0.45% $100,000 Compare
12 Mo CD
0.55% $10,000 Compare
12 Mo CD
0.55% $100,000 Compare
18 Mo CD
0.65% $10,000 Compare
18 Mo CD
0.65% $100,000 Compare
24 Mo CD
0.75% $10,000 Compare
24 Mo CD
0.75% $100,000 Compare
30 Mo CD
0.85% $10,000 Compare
30 Mo CD
0.85% $100,000 Compare
60 Mo CD
1.00% $10,000 Compare
60 Mo CD
1.00% $100,000 Compare
MM RATES APY MIN
Money Market
0.20% $2,500 Compare
Money Market
0.20% $10,000 Compare
Money Market
0.20% $25,000 Compare
FIXED IRA RATES APY MIN
Fixed IRA
0.55% $1
INT CHECKING RATES APY MIN
Int Ckg
0.20% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 19755
Date Established 1967
Assets $ 171.44 million
Loans $ 128.63 million
Deposits $ 134.95 million
Capital $ 17.49 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 5.17 million
Interest-bearing balances $ 1.61 million
Total securities $ 25.32 million
Federal funds sold and reverse repurchase $ 8.45 million
Net loans and leases $ 128.63 million
Loan loss allowance $ 3.45 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 $ 2.14 million
     Total Assets $ 153.95 million

LIABILITIES
Total deposits $ 134.95 million
      Interest-bearing deposits $ 96.11 million
      Deposits held in domestic offices $ 134.95 million
      % insured (estimated) 79.85%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.62 millionn
      Total Liabilities $ 153.95 million
      Shareholders’ Equity $ 17.49 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 5.54 million
Total Interest Expense $ 1.40 million
Net interest income $ 4.14 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.19 million
Total non interest expense $ 2.87 million
Pre-tax Net Operating Income $ 0.76 million

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