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Louisiana: Banks’ Economic Impact

Banks support Louisiana's economy with consumer, business and other loans, and by providing more than 19,000 people with a rewarding place to work.

Find State-by-State Data #
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Jobs

Jobs

  • 19,876Employees

  • $1.6 BTotal Annual Compensation & Benefits

  • $79,598Average Total Compensation & Benefits

  • 112 Banks Headquartered in State

Source: FDIC branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis

Lending

Lending

  • $12.1 BNew Home Loans Booked in 2021

  • 49,856Number of New Home Loans in 2021

  • $185,000Median New Home Loan Size in 2021

  • $5.4 BSmall Business Loans

  • 336.3 KNumber of Small Business Loans

  • $16,148Average Small Business Loan

  • $902.6 MSmall Farm Loans

  • 16,263Number of Small Farm Loans

  • $40,036Average Small Farm Loan

Source: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis

Customers

Customers

  • 3.8 MCustomers

  • $138.2 BDeposits

  • 124Banks Operating Branches

  • 1,364Branches & Offices

  • 370Branches Offering Low Fee Bank On-certified Accounts

Bankers hold up signs that say, "Drive Thru Open"

Customer Commitment

Bankers hold up signs that say, "Drive Thru Open"

Hancock Whitney Bank associates in Baton Rouge, Louisiana, let customers know the bank is open for business and dedicated to helping them weather the storm during the COVID-19 pandemic.

More stories on Serving Customers #

Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund

Giving Back

Giving Back

  • 90.3 KVolunteer Hours

  • $45.5 MCommunity Donations

A teddy bear with a Hancock Whitey Logo on its stomach

Socially Distant Family Fun

A teddy bear with a Hancock Whitey Logo on its stomach

To help keep out-of-school children occupied and provide local families with a fun activity during the COVID-19 pandemic, many Louisiana communities staged hometown teddy bear hunts and Hancock Whitney Bank locations welcomed the chance to participate.

More stories on Giving Back #

Source: Estimates based on ABA 2020/2021 survey data

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