b1BANK
Baton Rouge, Louisiana, East Baton Rouge County
$8.9B in total assets, the 187th largest of 4,309 US banks and 2nd of 104 headquartered in Louisiana.
- FDIC certificate
- 58228
- Established
- 2006
- Owned by
- Business First Bancshares Inc
- Primary regulator
- FDIC
- Website
- www.b1bank.com
At a glance
Compared with 17 banks headquartered in Louisiana with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $8.9B | 98% | $1.3B | |
| Loans | $6.7B | 98% | $930M | |
| Deposits | $7.3B | 98% | $1.2B | |
| Return on assets | 1.24% | 59% | 1.17% | |
| Net interest margin | 3.88% | 35% | 4.20% | |
| Efficiency ratio | 60.4% | 31% | 68.1% | |
| Equity to assets | 12.20% | 71% | 11.08% | |
| Loans to deposits | 92% | 88% | 78% |
Growth
Total assets grew 15.5% a year over the last 5 years and 22.4% a year over 10 years, including 6 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jan 2026 | Progressive Bank Monroe, LA | $768M |
| Oct 2024 | Oakwood Bank Dallas, TX | $862M |
| Mar 2022 | Texas Citizens Bank, National Association Pasadena, TX | $546M |
| May 2020 | PEDESTAL BANK Houma, LA | $1.3B |
| Dec 2018 | Richland State Bank Rayville, LA | $307M |
| Jan 2018 | MBL Bank Minden, LA | $315M |
| Apr 2015 | American Gateway Bank Baton Rouge, LA | $374M |
Where they operate
62 branches in 30 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| East Baton Rouge County, LA | $1.5B | 7.2% | 5 of 35 |
| Ouachita County, LA | $553M | 12.3% | 3 of 17 |
| Calcasieu County, LA | $480M | 9.1% | 6 of 18 |
| Terrebonne County, LA | $468M | 14.7% | 4 of 12 |
| Harris County, TX | $452M | 0.1% | 43 of 87 |
| Webster County, LA | $424M | 46.1% | 1 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 46 branches since 2016 (16 to 62, +287.5%). 16 opened, 53 acquired, 23 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 16 | |||
| 2018 | Acquired MBL Bank and Richland State BankOpened 3 in 2 states, closed 3 in Louisiana | 12 | 3 | +9 | 25 |
| 2019 | Opened 3 in 2 statesClosed Lafayette and Metairie | 3 | 2 | +1 | 26 |
| 2020 | Acquired PEDESTAL BANKClosed 6 in Louisiana | 23 | 6 | +17 | 43 |
| 2021 | Opened 3 in 2 statesClosed Baton Rouge and Minden | 3 | 2 | +1 | 44 |
| 2022 | Acquired Texas Citizens Bank, National AssociationSold 1 branch to Caldwell Bank & Trust Company, opened Dallas | 7 | 1 | +6 | 50 |
| 2023 | Opened 4 in 2 statesClosed 3 in Texas | 4 | 3 | +1 | 51 |
| 2024 | Acquired Oakwood BankSold 1 branch to Merchants & Farmers Bank & Trust Company, opened Baton Rouge and Dallas | 8 | 1 | +7 | 58 |
| 2025 | Sold 2 branches to Currency BankClosed 3 in 2 states | 0 | 5 | −5 | 53 |
| 2026 through Q2 | Acquired Progressive Bank | 9 | 0 | +9 | 62 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 40% | 32% | |
| Business (C&I) | 21% | 14% | |
| 1-4 family residential | 12% | 27% | |
| Construction and land | 10% | 9% | |
| Multifamily | 4% | 4% | |
| Agricultural | 3% | 1% | |
| Farmland | 2% | 2% | |
| Consumer | 1% | 5% | |
| Other | 6% | 6% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 60% | 42% | |
| Noninterest-bearing | 22% | 19% | |
| Time deposits | 18% | 38% |
Brokered deposits are 5.6% of deposits (peers 9.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.20% | 1.18% |
| Net charge-offs, annualized | 0.12% | 0.19% |
| Reserves to loans | 0.94% | 1.18% |
| Leverage ratio | 10.91% | 11.35% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Louisiana
Largest competitors in East Baton Rouge County, LA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/b1bank