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Louisiana: Banks’ Economic Impact

Banks support Louisiana’s economy with consumer, business and other loans, and by providing more than 22,000 people with a rewarding place to work.

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Jobs

Jobs

  • 22,116Employees

  • $1.8 BTotal Annual Compensation & Benefits

  • $81,554Average Total Compensation & Benefits

  • 111Banks Headquartered in State

Source: FDIC Call Report 2022Q4, Bureau of Labor Statistics 2022, ABA analysis

Lending

Lending

  • $10.3 BNew Home Loans Booked in 2022

  • 39,634Number of New Home Loans in 2022

  • $235,000Median New Home Loan Size in 2022

  • $9.9 BSmall Business Loans

  • 358 KNumber of Small Business Loans

  • $27,597Average Small Business Loan

  • $1.6 BSmall Farm Loans

  • 35,525Number of Small Farm Loans

  • $45,497Average Small Farm Loan

Source: FFIEC HMDA 2022, FFIEC CRA 2021, FDIC Call Report 2022Q4, ABA analysis

Customers

Customers

  • $144 BDeposits

  • 123Banks Operating Branches

  • 1,330Branches & Offices

  • 444Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2022Q2, CFE Fund, ABA analysis

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