Southern Heritage Bank
FDIC #20698
📍 Jonesville, Louisiana
Southern Heritage Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in May 25, 1972. With assets of $360.03 Million, it operates 10 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: August 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
August 1, 2023
Satisfactory
April 1, 2020
Satisfactory
July 1, 2017
Satisfactory
💰 Financial Strength
Total Assets$360.03 Million
Total Deposits$328.34 Million
Equity Capital$28.46 Million
Net Income$3.00 Million
📈 Performance
ROA1.10%
ROE13.65%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
EstablishedMay 25, 1972
FDIC Cert20698
Holding CoShb Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 3:00 PM
Tuesday9:00 AM - 3:00 PM
Wednesday9:00 AM - 3:00 PM
Thursday9:00 AM - 3:00 PM
Friday9:00 AM - 5:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2006
Name Change
Name became: Changed Institution Name To Southern Heritage Bank.