Bank of Lafayette in Lafayette, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 03, 1996

Bank of Lafayette in Lafayette, Louisiana (LA)
Show street view No street view available for this location

Bank of Lafayette - Overview

General
FDIC Certificate #: 22012
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Iberiabank (#28100)
Federal Reserve ID: 768935
Date Established: May 15, 1975
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 15270
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: May 15, 1975
Last Structure Change Effective Date: May 03, 1996
Last Structure Change Process Date: July 23, 1996
Last Data Update: July 23, 1996
Data Source Date: April 05, 2012
Location
Address: 2110 Pinhook Road, Lafayette, LA 70505
County: Lafayette
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Baton Rouge
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Lafayette, LA (#3880)
Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318)
Core Based Statistical Area (CBSA): Lafayette, LA (#29180)
CBSA Metro Statistical Area: Lafayette, LA (#29180)
Financial Summary
Total assets: $73.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$40Total assets
$66,627Cash and due from depository institutions
$9,525Interest-bearing balances
$6,796Securities
$10,683Federal funds sold & reverse repurchase agreements
$300Net loans & leases
$39,669Loan loss allowance
$542Trading account assets
$0Bank premises and fixed assets
$2,473Other real estate owned
$781Goodwill and other intangibles
$1,156Life insurance assets
$2,040All other assets
$0Total liabilities and capital
$66,627Total liabilities
$58,655Total deposits
$58,218Interest-bearing deposits
$43,970Deposits held in domestic offices
58218.00%% insured (estimated)
$85Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$437Total equity capital
$437Total bank equity capital
$7,972Perpetual preferred stock
$0Common stock
$1,500Surplus
$5,979Undivided profits
Memoranda
$493Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$312Income earned, not collected on loans
$335Earning assets
$57,448Long-term assets (5+ years)
$667Average Assets, year-to-date
$59,570Average Assets, quarterly
$64,444Volatile liabilities
$6,174Insider loans
$240FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,899Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,904Total risk weighted assets
$46,547Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$4,246Total interest expense
$1,589Net interest income
$2,657Provision for loan and lease losses
-$220Total noninterest income
$1,038Fiduciary activities
$0Service charges on deposit accounts
$362Trading account gains & fees
$0Additional noninterest income
$676Total noninterest expense
$3,008Salaries and employee benefits
$1,485Premises and equipment expense
$450Additional noninterest expense
$1,073Pre-tax net operating income
$907Securities gains (losses)
$11Applicable income taxes
$289Income before extraordinary items
$629Extraordinary gains - net
$0Net income attributable to bank
$629Net charge-offs
$210Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.49%Cost of funding earning assets
3.18%Net interest margin
5.31%Noninterest income to earning assets
2.07%Noninterest expense to earning assets
6.01%Net operating income to assets
1.04%Return on assets (ROA)
1.06%Pretax return on assets
1.54%Return on equity (ROE)
8.34%Retained earnings to average equity (YTD only)
7.02%Net charge-offs to loans
0.64%Credit loss provision to net charge-offs
-104.76%Efficiency ratio
76,211Assets per employee
1.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
15.90%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
173.72%Noncurrent assets plus other real estate owned to assets
1.64%Noncurrent loans to loans
0.78%Net loans and leases to deposits
68.14%Net loans and leases to core deposits
76.22%Equity capital to assets
11.97%Core capital (leverage) ratio
9.42%Tier 1 risk-based capital ratio
12.68%Total risk-based capital ratio
Memoranda
$14Average assets
$59,570Average earning assets
$7,539Average equity
$50,033Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Lafayette.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.