How profitable a bank is affects its long-term survivability. A bank can retain its earnings, giving a boost to its capital buffer, or put them to work addressing problematic loans, likely making the bank more resilient in times of trouble. Banks that are losing money, however, have less ability to do those things.
The Evangeline Bank and Trust Company fell short of the national average on Bankrate's earnings test, achieving a score of 6 out of a possible 30.
One widely used way to measure a bank's earnings is return on equity, or net income (essentially profit) divided by total equity. The Evangeline Bank and Trust Company's most recent annualized quarterly return on equity was 2.88 percent, below the national average of 8.10 percent.
The bank reported net income of $3.0 million on total equity of $104.5 million for the twelve months ended December 31, 2017. The bank had an annualized return on average assets, or ROA, of 0.54 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.