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Louisiana: Banks’ Economic Impact

Banks support Louisiana's economy with consumer, business and other loans, and by providing more than 21,000 people with a rewarding place to work.

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Jobs

Jobs

  • 21,528Employees

  • $1.9 BillionTotal Annual Compensation & Benefits

  • $89,034Average Total Compensation & Benefits

  • 108Banks Headquartered in State

Source: FDIC Call Report 2024Q4, Bureau of Labor Statistics 2024, ABA analysis

Lending

Lending

  • $7.2 BillionNew Home Loans Booked in 2024

  • 27,290Number of New Home Loans in 2024

  • $235,000Median New Home Loan Size in 2024

  • $10 BillionSmall Business Loans

  • 322.7 ThousandNumber of Small Business Loans

  • $31,017Average Small Business Loan

  • $1.7 BillionSmall Farm Loans

  • 36,447Number of Small Farm Loans

  • $45,660Average Small Farm Loan

Source: FFIEC HMDA 2024, FFIEC CRA 2023, FDIC Call Report 2024Q4, ABA analysis

Customers

Customers

  • $131 BillionDeposits

  • 124Banks Operating Branches

  • 1,375Branches & Offices

  • 481Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2024Q2, CFE Fund, ABA analysis

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