124 banks currently operate in the state of Louisiana. These are banks that are also insured by the federal deposit insurance corporation. Of the banks operating within the state, 112 are also headquartered in the state. Therefore, these 112 banks can be considered Louisiana-based banks though they might operate nationally or internationally. Banks operating within the state had in total $66 billion of assets, $57 billion of deposits and $41 billion of loans outstanding as of this writing. Looking at the asset composition of banks in Louisiana, residential mortgages made up 16% of the assets managed by these banks. In addition to this, these banks in total employ 11,464 people within the state. This represents 0.2% of the population.

Density of Banks in Louisiana

Banks in Louisiana currently have a total of 1,364 branches located within the state. This equates to 2.9 branches per 10,000 people in Louisiana.  If we take the data on the banks in Louisiana and compare it with the banks operating in other states, we find that on this metric, banks in Louisiana rank 21st out of the 52 states and territories. This is ranked in order of most to least branches per capita.  Taking a different approach, let’s look at the physical density of branches within this state. When the total square mileage of a state is factored in, banks in Louisiana had on average 3.2 branches per 100 square miles. Therefore, Louisiana ranks 27th out of 52 states and territories in terms of the most branches per square mile.

Performance of Banks in Louisiana

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  • Net Interest Margin – banks in this state are on average above the national average on this metric. In total the net interest margin for the banks in Louisiana is ranked 4th out of the 52 states and main territories in the country.
  • Return on Assets – in terms of this important return metric, banks in this state are on average higher than the national average. Altogether the Return on Assets for the banks in Louisiana is ranked 29th out of the 52 states and main territories in the country.
  • Return on Equity – banks in the state of Louisiana are on average generating a lower return on equity than the average bank in the United States. In total, the return on equity for banks in Louisiana is ranked 30th out of the 52 states and main territories in the United States.
  • Loan to Deposit – this is an important metric to gauge the liquidity of a bank. Banks in this state are on average below the national average when it comes to loan to deposit. A lower loan to deposit ratio means the bank is more comfortably funding its loan activities using its deposit base. Overall, banks in Louisiana are ranked 22nd out of the 52 states and main territories in the country when it comes to loan to deposits.
  • Nonperforming Assets – this metric gives us an idea of the quality of a bank’s assets and their performance. Banks in this state are on average worse than the national average when it comes to nonperforming assets. We’re specifically looking at the level of nonperformance among the asset base. A higher figure indicates lower quality. Overall, banks in Louisiana are ranked 46th out of the 52 states and main territories in the country when it comes to the percentage of their assets that are nonperforming.

5 Largest Banks in the state of Louisiana

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As of this writing Capital One is the largest bank operating in Louisiana and this is based on its share of deposits within the state. Capital One currently has a 18% share of the deposits within the state. Below is summary information on the top 5 largest banks in Louisiana.

Capital One

Capital One currently has the largest share of deposits within the state and has $25.5 billion of deposits. In addition to this the bank also has 76 offices within the state, which represents 23% of its total domestic offices.

Main Office Address: 1680 Capital 1 Dr. Mclean, VA 22102

Website: www.capitalone.com

JPMorgan Chase Bank

JPMorgan Chase Bank currently has the second largest share of deposits within the state and has $23.8 billion of deposits. The bank also has 110 offices within the state, which represents 2% of its total domestic offices.

Main Office Address: 1111 Polaris Pkwy. Columbus, OH 43240

Website: www.jpmorganchase.com

Hancock Whitney Bank

Hancock Whitney Bank currently has the third largest share of deposits within the state and has $17.6 billion of deposits. The bank also has 111 offices within the state, which represents 53% of its total domestic offices.

Main Office Address: 2510 14th St. Gulfport, MS 39501

Website: www.hancockwhitney.com

First Horizon Bank

First Horizon Bank currently has the fourth largest share of deposits within the state and has $10.0 billion of deposits. Further, the bank also has 64 offices within the state, which represents 13% of its total domestic offices.

Main Office Address: 165 Madison Ave. Memphis, TN 38103

Website: https://www.firsthorizon.com

Regions Bank

Regions Bank currently has the fifth largest share of deposits within the state and has $8.7 billion of deposits. In addition, the bank also has 85 offices within the state, which represents 6% of its total domestic offices.

Main Office Address: 1900 5th Ave. N. Birmingham, AL 35203

Website: http://www.regions.com