Bank of Commerce & Trust Co., Financial Information

About Bank of Commerce & Trust Co.

 Address:
326 North Avenue G
Crowley, LA
Acadia Parish, Louisiana
 Established:
Jan 1926
 Number of domestic offices:
5
Total assets$401M
Net income$1M
Net income, quarterly$0M
Total deposits$348M
Domestic deposits$348M
Equity capital$39M
ROA0.28%
ROAQ, quarterly0.28%
ROA, pretax0.28%
ROAQ, quarterly, pretax0.36%
ROE2.55%
ROEQ, quarterly2.75%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Bank of Commerce was organized in March of 1926 and opened on April 1, 1926 with capital of $50,000. The Bank, originally located at the corner of Parkerson Avenue and Second St., received deposits of $215,000 on opening day.

On February 1, 1932, the Bank acquired the Bank of Acadia and increased capital to $100,000. Then in 1936 the Bank acquired the Farmers Bank & Trust Co. of Church Point and the Rayne State Bank of Rayne, and opened branches in these towns. This move brought the Bank's capital up to $350,000.

he Bank continued to grow and invest back into Acadia Parish, with a new branch building in Iota in 1950, a new main office in Crowley in 1957 (in the former Green's Hardware Store), in 1970 a new branch building in Rayne, and in 1980 the establishment of a branch in Mermentau.

Bank of Commerce & Trust Co. is now approximately a $300 million bank, with a branch on North Parkerson in Crowley built in 1994, and expansion and renovation of the main office completed in 2000. The Bank is a locally owned, independent bank and does a substantial amount of business with individuals, as well as with customers in commercial, industrial and professional businesses. As a community bank, Bank of Commerce strives to provide excellent service to the customers with friendly, professional people dedicated to giving each and every customer prompt, courteous and personal attention.

Main Office
326 N. Avenue G
Crowley, LA 70526
Phone: (337) 783-2201
Fax: (337) 783-5029
ExpressLine: (337) 783-2202

Rayne
300 N. Adams Avenue
Rayne, LA 70578
Phone: (337) 334-3181
Fax: (337) 334-2875
ExpressLine: (337) 334-2000

Northpark
1415 North Parkerson Avenue
Crowley, LA 70526
Phone: (337) 783-2201
Fax: (337) 788-4808

Iota
207 Duson Street
Iota, LA 70543
Phone: (337) 779-2847
Fax: (337) 779-2810
ExpressLine: (337) 779-2221

Mermentau
107 Seventh Street
Mermentau, LA 70556
Phone: (337) 824-5460
Fax: (337) 824-8789
ExpressLine: (337) 824-2221