The banking climate in Louisiana is generally considered to be stable and robust. The state has a diverse economy, with significant contributions from the oil and gas, agriculture, and manufacturing industries. This diversity helps to mitigate some of the risk associated with economic downturns in any one sector.
Louisiana has a large number of community banks, which provide a range of banking and financial services to individuals, businesses, and government entities. These banks often have a strong presence in the communities they serve, and they are often well-positioned to provide local businesses with the capital they need to grow and expand.
As of the most recent information available, the largest banks in Louisiana by asset size are:
JPMorgan Chase Bank - With over $2.6 trillion in assets, it is one of the largest banks in the world and has a significant presence in Louisiana with multiple branches throughout the state.
IBERIABANK - A regional bank with headquarters in Lafayette, Louisiana with about $24.4 billion in assets
Whitney Bank - A regional bank with headquarters in New Orleans, Louisiana with about $9.9 billion in assets
Capital One - With over $250 billion in assets, it is a large national bank with multiple branches throughout Louisiana.
First National Bank of Louisiana - A regional bank with $1.2 billion in assets and multiple branches throughout the state.
Bank of America- One of the largest banks in the world with over $2.3 trillion in assets and multiple branches throughout Louisiana
United Community Bank - A regional bank with $1.1 billion in assets and multiple branches throughout the state.
Home Bank - A regional bank with $1.1 billion in assets and multiple branches throughout the state.
Gulf Coast Bank & Trust - A regional bank with $1 billion in assets and multiple branches throughout the state.
Mutual of Omaha Bank - A national bank with $8.4 billion in assets, it has multiple branches throughout Louisiana.
Please note that these figures may not be the most current and are subject to change as banks grow and merge over time.
Jason D. Koontz is a banking expert witness who has extensive experience working on mortgage foreclosure and mortgage loan servicing, as well as loan modification matters. He serves as an expert witness on matters of mortgage loan servicing, drawing on his over twenty-year career in the banking industry. He currently reviews banking, loan and mortgage litigation matters and serves as an expert witness in a range of cases. Koontz earned the Credit Risk Certification (CRC) designation from the Risk Management Association.
Attorneys representing lenders, individuals, mortgage loan servicers and small business owners contact Koontz for his expertise in the following areas of banking:
For Commercial Banks
Cash management
Commercial loans
Debt collection
Fraud
Lender liability
Underwriting
For Retail Banks and Mortgage Servicing
Consumer protection
Debt collection
Deposit accounts
Fraud
Gross negligence
Lender liability expert witness
Loss of income
Mortgage servicing
Predatory lending expert witness
Residential property valuation
USPAP compliance
The city view picture above was taken by Koontz while in New Orleans, Louisiana working with a client
Typical engagements with attorneys include document review, written report provision, depositions, and trial testimony in court. Koontz is well-versed in explaining the technical terminology of banking processes. He will clarify banking jargon related to litigation in ways that help members of the jury and judges fully and easily understand the matter.
Koontz has served as an expert witness in more than 240 federal and state matters on diverse banking, mortgage, and lending issues, whether they were resolved through litigation or mediation.
Contact Koontz to discuss your banking legal matter. Call (646) 397-3835 or email [email protected].