South Louisiana Bank Mortgage Rates, Fees & Info
Houma, LA
LEI: 5493001P1J1K386Q4G58
Tax ID: 72-0884012
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Mortgage Data
Bank Data
Review & Overview
South Louisiana Bank is a smaller bank specializing in
various types of mortgages.
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Originations
0
Origination Dollar Volume (All Markets)
$0
Employee count
139
Bank Details
Branches
| Bank Name |
Branch |
Branch Type |
Deposits (000's) |
| South Louisiana Bank |
1308 Grand Caillou Road Houma, LA 70361 |
Full Service B&M
|
$63,921 |
| South Louisiana Bank |
1362 West Tunnel Boulevard Houma, LA 70360 |
Full Service B&M
|
$340,774 |
| South Louisiana Bank |
2010 Bayou Blue Road Houma, LA 70364 |
Full Service B&M
|
$25,849 |
| South Louisiana Bank |
3916 Highway 311 Houma, LA 70360 |
Full Service B&M
|
$20,160 |
| South Louisiana Bank |
4343 Highway 24 Bourg, LA 70343 |
Full Service B&M
|
$61,888 |
| South Louisiana Bank |
5379 Highland Rd Baton Rouge, LA 70808 |
Full Service B&M
|
$2,894 |
| South Louisiana Bank |
6405 West Park Avenue Houma, LA 70364 |
Full Service B&M
|
$19,890 |
| South Louisiana Bank |
921 Canal Blvd. Thibodaux, LA 70301 |
Full Service B&M
|
$10,019 |
For 2021, South Louisiana Bank had 8 branches.
Yearly Performance Overview
Bank Income
South Louisiana Bank's gross interest income from loans was $20,366,000.
South Louisiana Bank's net interest income from loans was $18,617,000.
South Louisiana Bank's fee based income from loans was $889,000.
South Louisiana Bank's net income from loans was $6,847,000.
Bank Expenses
| Item |
Value (in 000's) |
| Total interest expense |
$1,749 |
| Provision for credit losses |
$500 |
| Total noninterest expense |
$17,856 |
| Salaries and employee benefits |
$11,200 |
| Premises and equipment expense |
$2,370 |
| Additional noninterest expense |
$4,286 |
| Applicable income taxes |
$1,795 |
| Net charge-offs |
$-663 |
| Cash dividends |
$3,407 |
South Louisiana Bank's interest expense for loans was $1,749,000.
South Louisiana Bank's payroll and benefits expense were $11,200,000.
South Louisiana Bank's property, plant and equipment expenses $2,370,000.
Deposits
| Type |
Value (in 000's) |
| Total deposits |
$659,356 |
| Deposits held in domestic offices |
$659,356 |
| Deposits by Individuals, partnerships, and corporations |
$625,971 |
| Deposits by U.S. Government |
$0 |
| Deposits by States and political subdivisions in the U.S. |
$31,620 |
| Deposits by Commercial banks and other depository institutions in U.S. |
$1,764 |
| Deposits by Banks in foreign countries |
$0 |
| Deposits by Foreign governments and official institutions |
$0 |
| Transaction accounts |
$353,433 |
| Demand deposits |
$294,942 |
| Nontransaction accounts |
$305,922 |
| Money market deposit accounts (MMDAs) |
$82,874 |
| Other savings deposits (excluding MMDAs) |
$114,647 |
| Total time deposits |
$108,402 |
| Total time and savings deposits |
$364,413 |
| Noninterest-bearing deposits |
$294,942 |
| Interest-bearing deposits |
$364,414 |
| Retail deposits |
$601,060 |
| IRAs and Keogh plan accounts |
$9,925 |
| Brokered deposits |
$0 |
| Deposits held in foreign offices |
$0 |
Assets
| Asset |
Value (in 000's) |
| Total Assets |
$743,298 |
| Cash & Balances due from depository institutions |
$304,784 |
| Interest-bearing balances |
$283,219 |
| Total securities |
$112,675 |
| Federal funds sold & reverse repurchase |
$0 |
| Net loans and leases |
$301,253 |
| Loan and leases loss allowance |
$13,585 |
| Trading account assets |
$0 |
| Bank premises and fixed assets |
$8,266 |
| Other real estate owned |
$0 |
| Goodwill and other intangibles |
$2,441 |
| All other assets |
$13,879 |
Liabilities
| Liabilities |
Value (in 000's) |
| Total liabilities and capital |
$743,298 |
| Total Liabilities |
$666,443 |
| Total deposits |
$659,356 |
| Interest-bearing deposits |
$364,414 |
| Deposits held in domestic offices |
$659,356 |
| % insured (estimated) |
$67 |
| Federal funds purchased and repurchase agreements |
$0 |
| Trading liabilities |
$0 |
| Other borrowed funds |
$1,465 |
| Subordinated debt |
$0 |
| All other liabilities |
$5,622 |
Issued Loan Types
| Type |
Value (in 000's) |
| Net loans and leases |
$301,253 |
| Loan and leases loss allowance |
$13,585 |
| Total loans and leases (domestic) |
$314,838 |
| All real estate loans |
$188,189 |
| Real estate loans in domestic offices |
$188,189 |
| Construction and development loans |
$23,480 |
| Residential 1-4 family construction |
$3,417 |
| Other construction, all land development and other land |
$20,063 |
| Loans secured by nonfarm nonresidential properties |
$115,850 |
| Nonfarm nonresidential secured by owner-occupied properties |
$61,227 |
| Commercial real estate & other non-farm, non-residential |
$54,623 |
| Multifamily residential real estate |
$5,668 |
| 1-4 family residential loans |
$40,149 |
| Farmland loans |
$3,042 |
| Loans held in foreign offices |
$0 |
| Farm loans |
$1,396 |
| Commercial and industrial loans |
$115,765 |
| To non-U.S. addressees |
$0 |
| Loans to individuals |
$8,844 |
| Credit card loans |
$186 |
| Related Plans |
$1,436 |
| Consumer Auto Loans |
$731 |
| Other loans to individuals |
$6,491 |
| All other loans & leases |
$2,589 |
| Loans to foreign governments and official institutions |
$0 |
| Other loans |
$2,589 |
| Loans to depository institutions and acceptances of other banks |
$0 |
| Loans not secured by real estate |
$0 |
| Loans secured by real estate to non-U.S. addressees |
$0 |
| Restructured Loans & leases |
$114 |
| Non 1-4 family restructured loans & leases |
$75 |
| Total loans and leases (foreign) |
$0 |
South Louisiana Bank had $301,253,000 of loans outstanding in 2021. $188,189,000 of loans were in real estate loans.
$23,480,000 of loans were in development loans. $5,668,000 of loans were in multifamily mortgage loans.
$40,149,000 of loans were in 1-4 family mortgage loans. $1,396,000 of loans were in farm loans. $186,000
of loans were in credit card loans. $731,000 of loans were in the auto loan category.
Small Business Loans
| Categorization |
# of Loans in Category |
$ amount of loans (in 000's) |
Average $/loan |
| Nonfarm, nonresidential loans - <$1MM |
222 |
$59,563 |
$268,302 |
| Nonfarm, nonresidential loans - <$100k |
28 |
$1,445 |
$51,607 |
| Nonfarm, nonresidential loans - $100-250k |
72 |
$9,974 |
$138,528 |
| Nonfarm, nonresidential loans - $250k-1MM |
122 |
$48,144 |
$394,623 |
| Commercial & Industrial, US addressed loans - <$1MM |
1,054 |
$69,752 |
$66,178 |
| Commercial & Industrial, US addressed loans - <$100k |
803 |
$19,144 |
$23,841 |
| Commercial & Industrial, US addressed loans - $100-250k |
132 |
$13,478 |
$102,106 |
| Commercial & Industrial, US addressed loans - $250k-1MM |
119 |
$37,130 |
$312,017 |
| Farmland loans - <$1MM |
15 |
$1,852 |
$123,467 |
| Farmland loans - <$100k |
8 |
$335 |
$41,875 |
| Farmland loans - $100-250k |
4 |
$448 |
$112,000 |
| Farmland loans - $250k-1MM |
3 |
$1,069 |
$356,333 |
| Agriculture operations loans - <$1MM |
35 |
$1,305 |
$37,286 |
| Agriculture operations loans - <$100k |
32 |
$646 |
$20,188 |
| Agriculture operations loans - $100-250k |
1 |
$205 |
$205,000 |
| Agriculture operations loans - $250k-1MM |
2 |
$454 |
$227,000 |