Resource Bank
FDIC #34803
📍 Covington, Louisiana
Resource Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in July 20, 1998. With assets of $1.01 Billion, it operates 11 domestic branches.
Customer Reviews
N/A ★
Based on 0 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: March 1, 2025
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
March 1, 2025
Satisfactory
January 1, 2022
Satisfactory
January 1, 2019
Satisfactory
💰 Financial Strength
Total Assets$1.01 Billion
Total Deposits$769.77 Million
Equity Capital$96.39 Million
Net Income$5.98 Million
📈 Performance
ROA0.81%
ROE8.41%
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
EstablishedJuly 20, 1998
FDIC Cert34803
Holding CoResource Bankshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeJune 5, 2023
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 5:30 PM
Tuesday8:00 AM - 5:30 PM
Wednesday8:00 AM - 5:30 PM
Thursday8:00 AM - 5:30 PM
Friday8:00 AM - 6:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2012
Relocation
Moved HQ to: 70533 Highway 21, Covington, LA 70433.