Winnsboro State Bank & Trust Company, Financial Information

AboutWinnsboro State Bank & Trust Company

 Address:
3875 Front Street
Winnsboro,LA
Franklin Parish,Louisiana
 Established:
Sep 1902
 Number of domestic offices:
4
Agriculture bank
Total assets$258M
Net income$2M
Net income,quarterly$1M
Total deposits$215M
Domestic deposits$215M
Equity capital$25M
ROA0.87%
ROAQ,quarterly1.21%
ROA,pretax1.21%
ROAQ,quarterly,pretax1.21%
ROE9.28%
ROEQ,quarterly13.18%
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 Winnsboro State Bank opened for business in 1902. Its inception coincided with the incorporation of the Town of Winnsboro, and the progress of the town, as well as the parish, as a whole, has been markedly influenced by the progress of the bank.

On September 2nd, 1902, when the bank first opened its doors, assets totaled $20,000.00. At the close of business on June 30, 1977, assets totals $27,560,996.51. Two years later the total assets of the bank at the close of business December 31, 1979, were $37,394,934.04. More recently, at the close of business December 31, 2010 assets totaled $119,689,730.89.

The first bank was located in the building formerly occupied by the offices of The Franklin Sun. Later the bank was moved across the street and in 1962 extensive building and remodeling was done providing a modern banking facility in which customers were served until January 1994.

A new modern bank building was completed in January 1994, and the Main Office opened at 3875 Front Street on January 31, 1994. A branch office is operated in Gilbert, Louisiana, the bank having acquired the former Gilbert bank in 1926. In the summer of 1997, an in-store branch was opened in the new Wal-Mart Supercenter.

Winnsboro State Bank & Trust Company
3875 Front St, P.O. Box 970
Winnsboro, LA 71295
318-435-7535
1-888-318-7535