Bank of Coushatta, Financial Information

About Bank of Coushatta

 Address:
1525 Ringgold Avenue
Coushatta, LA
Red River Parish, Louisiana
 Established:
Aug 1897
 Number of domestic offices:
2
Total assets$257M
Net income$3M
Net income, quarterly$0M
Total deposits$201M
Domestic deposits$201M
Equity capital$28M
ROA1.04%
ROAQ, quarterly0.73%
ROA, pretax0.73%
ROAQ, quarterly, pretax0.73%
ROE10.18%
ROEQ, quarterly6.68%
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.

On July 30, 1897 the Bank of Coushatta was chartered and opened for business in the Town of Coushatta, located then on the East bank of the Red River. The total capital stock of the Bank at opening was $15,000.00.

In 1972 construction on a new bank building began at 1525 Ringgold Avenue as much of the town was moving to this location. The new facility was opened in 1973 and this is the current location of the bank. As of the 100 year Anniversary of the Bank of Coushatta, there were only 7 other Banks in Louisiana with charters prior to the Bank of Coushatta's original charter of 1897.

The Bank of Coushatta has changed along with the community of Red River Parish to provide the needs and demands of the people if serves.

Bank of Coushatta offers a variety of Home Mortgage Programs that will fit your needs. Since Bank of Coushatta is a locally owned and managed bank, loan decisions are made quickly. If you're buying, building, renovating or refinancing your home, the bank have the interest rates and terms that are affordable for you.

1525 Ringgold Ave
PO Box 1360
Coushatta, La. 71019
Phone: 318-932-3491
Telephone Banking: 318-932-3468

Lobby hours
Monday - Thursday 9:00am - 4:00pm
Friday 9:00am - 5:30pm

Drive Thru Hours:
Monday - Thursday 8:00am - 4:30pm
Friday 8:00am - 5:30pm