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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

  • 21,794Employees

  • $1.9 BTotal Annual Compensation & Benefits

  • $87,156Average Total Compensation & Benefits

  • 108Banks Headquartered in State

Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $7.1 BNew Home Loans Booked in 2023

  • 27,635Number of New Home Loans in 2023

  • $235,000Median New Home Loan Size in 2023

  • $10 BSmall Business Loans

  • 322.1 KNumber of Small Business Loans

  • $31,025Average Small Business Loan

  • $1.6 BSmall Farm Loans

  • 35,569Number of Small Farm Loans

  • $46,081Average Small Farm Loan

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

Customers

Customers

  • $136 BDeposits

  • 124Banks Operating Branches

  • 1,373Branches & Offices

  • 493Branches Offering Low Fee Bank On-certified Accounts

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

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