Bank of Erath, Financial Information

AboutBank of Erath

 Address:
105 West Edwards
Erath,LA
Vermilion Parish,Louisiana
 Established:
Jan 1910
 Number of domestic offices:
3
Total assets$111M
Net income$0M
Net income,quarterly$0M
Total deposits$96M
Domestic deposits$96M
Equity capital$14M
ROA0.28%
ROAQ,quarterly-0.16%
ROA,pretax-0.16%
ROAQ,quarterly,pretax-0.33%
ROE2.12%
ROEQ,quarterly-1.23%
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.

Bank of Erath - commercial bank, state charter and Fed nonmember, supervised by the FDIC. Established in 1910, Bank of Erath is a financial institution that offers a range of commercial and personal banking solutions. It provides home improvement, real estate, agricultural and consumer loans.

Bank of Erath also offers several online and telephone banking services. It provides credit and debit cards, travelers checks and safe deposit boxes, as well as operates various ATMs. The bank offers access to online bill payments and direct deposit receipts monitoring. It also provides savings, checking and money market accounts and certificates of deposit.

Bank of Erath offers fund transfer, account balancing assistance and stop payment services. Additionally, the bank provides overdraft protection and direct deposit services.

(337) 937-5863
(337) 685-2310