Resource Bank
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Data as of · sourced from FFIEC call reports. How we update
Resource Bank is an FDIC-insured commercial bank headquartered in Covington, LA, established in 1998 (FDIC certificate 34803), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $980.7M, up 2.6% from Q2 2025, the 21st largest of 102 banks headquartered in Louisiana. It reports no CET1 ratio; its Tier 1 leverage ratio was 12.80% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 34803
- Headquarters
- Covington, LA
- Established
- 1998
- Total assets, Q2 2026
- $980.7M
- Assets vs Q2 2025
- +2.6%
- Tier 1 leverage ratio, Q2 2026
- 12.80%
- Domestic offices
- 11 FDIC institution directory, current count
- Routing number
- 065405242
- Holding company
- RESOURCE BANKSHARES, INC.
- Asset rank in state
- 21st of 102 in Louisiana
Resource Bank leans heavily on commercial real estate. The Covington, Louisiana bank had $981 million in assets at June 30, 2026, up 2.6% from a year earlier. It holds commercial real estate loans worth 3.4 times its capital, about triple the median of 1.2 times for the 2,660 banks with $100 million to $1 billion in assets. It also lost 1.2% of its deposits over the year, lower than about three-quarters of banks its size (median 4.0%).
Loans and deposits moved in opposite directions: over the year loans rose 4.7% and deposits fell 1.2%.
As of June 30, 2026, Resource Bank reported a return on assets of 1.18%, a nonperforming-loan ratio of 0.05% and a Texas ratio of 0.34%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Resource Bank is the 21st largest of the 102 banks headquartered in Louisiana. Between Q1 2026 and Q2 2026, its total assets rose 4.8% to $980.7M, loans rose 4.2% and deposits rose 0.2%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 30.1% of total loans, ahead of non-owner-occupied commercial real estate loans at 27.5%. The FDIC Summary of Deposits lists 11 offices for it, in 8 cities in LA; its Covington 3 offices book 40% of its branch deposits. On its Q2 2026 call report, Resource Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 70533 Highway 21, Covington, LA 70433
- County
- St. Tammany
- Metro Area
- Slidell-Mandeville-Covington, LA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- Trust powers not granted
- Call Report form
- FFIEC 051
- Established
- July 20, 1998
- Domestic offices
- 11 FDIC institution directory, current count
- Employees (FTE)
- 164
- Domestic deposits
- $803.0M
- Allowance for credit losses
- $3.4M
- Net charge-offs (YTD)
- -$7K
- Average total assets
- $958.8M
- Average total loans
- $820.2M
- Average interest-bearing deposits
- $765.5M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 20, 1998
- FDIC Cert
- 34803
- Fed RSSD
- 2716088
- SEC CIK
- 1651651 → filed by RESOURCE BANKSHARES, INC.
- Website
- www.resource.bank →
- Parent Holding Company
- RESOURCE BANKSHARES, INC. (RSSD 3136405)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Resource Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Resource Bank's total assets ran between $935.4M (Q1 2026) and $1.01B (Q3 2023), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$980.7M total assets against $955.9M; $860.1M total liabilities against $842.0M.
$826.1M net loans and leases against $787.4M; $803.0M total deposits against $812.9M.
$78.3M securities against $109.3M; $33.6M cash and balances due against $17.5M.
$13.5M total interest income against $13.5M; $3.1M total interest expense against $4.0M.
$10.3M net interest income against $9.5M.
$591K total noninterest income against $515K; $7.1M total noninterest expense against $6.6M.
$133K provision for credit losses against $21K.
$2.8M net income against $2.6M.
1.18% return on assets against 1.05%; 4.52% net interest margin against 4.04%.
12.80% tier 1 leverage ratio against 11.97%.
Inside the full Resource Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Resource Bank rankings
Its closest position to the top of a national ranking is 1,056 of 4,196, for total assets; its furthest is 3,061 of 3,640, for Texas Ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.69% (Q3 2024) to 1.79% (Q1 2026) and its net interest margin ran from 3.49% (Q3 2024) to 4.52% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 12.80% | 1.18% | 0.05% | 0.34% | 4.52% |
| Q1 2026 | 12.81% | 1.79% | 0.02% | 0.11% | 4.38% |
| Q4 2025 | 12.31% | 1.18% | 0.04% | 0.60% | 4.36% |
| Q3 2025 | 12.13% | 1.17% | 0.04% | 0.79% | 4.29% |
| Q2 2025 | 11.97% | 1.05% | 0.03% | 0.93% | 4.04% |
| Q1 2025 | 11.93% | 0.95% | 0.12% | 1.40% | 3.80% |
| Q4 2024 | 11.61% | 0.90% | 0.11% | 1.28% | 3.65% |
| Q3 2024 | 11.47% | 0.69% | 0.12% | 1.34% | 3.49% |
Swipe the table sideways to see every column.
Branch Network
View all 11 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Resource Bank (main office) | Covington , LA | 70433 | $271.6M |
| West Causeway Branch | Mandeville , LA | 70471 | $222.2M |
| Slidell Branch | Slidell , LA | 70461 | $97.5M |
| Franklinton Branch | Franklinton , LA | 70438 | $60.4M |
| Covington Branch | Covington , LA | 70433 | $48.8M |
| Bogalusa Branch | Bogalusa , LA | 70427 | $31.4M |
| The Tchoupitoulas Branch | New Orleans , LA | 70115 | $27.0M |
| 321 Vets Branch | Metairie , LA | 70005 | $26.7M |
| Baton Rouge Branch | Baton Rouge , LA | 70809 | $17.4M |
| Highway 59 Motorbranch | Mandeville , LA | 70471 | $0 |
| Christwood Retirement Center | Covington , LA | 70433 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.6% of deposits in LA, rank 26 of 118 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 8 loans, $831K approved, $104K average. 12.50% of that year's loans have since been charged off
- Period: Federal fiscal year 2005 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Resource Bank
What are Resource Bank's total assets?
As of the Q2 2026 filing, Resource Bank reported total assets of $980.7 million in its FFIEC call report.
Where is Resource Bank headquartered?
It is headquartered in Covington, LA, United States.
When was Resource Bank founded?
It was established in 1998, per the FDIC institution directory.
Is Resource Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #34803). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Resource Bank?
Resource Bank's primary federal regulator is the FDIC.
How many branches does Resource Bank operate?
It operates 11 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Resource Bank's Texas Ratio?
Its Texas Ratio is 0.34% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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