On July 30, 1897 the Bank of Coushatta was chartered and opened for business in the Town of Coushatta, located then on the East bank of the Red River. The total capital stock of the Bank at opening was $15, 000.00.
In June of 1915, with capital stock of $25, 000, a surplus of $6, 250.00 and total deposits of $200, 000, the Bank of Coushatta opened a branch in Lenzburg, a community of 3, 000 inhabitants. Lenzburg was located along the Shreveport-Red River Valley Railway and the Red River in the heart of the Crichton Oil Field in Northern Red River Parish.
In 1922 the Oil Boom subsided in the Crichton Oil Field and Lenzburg disappeared. As the result of the Coushatta Fire, the town of Coushatta and the Bank relocated on what now is Front Street facing what later became the Louisiana and Arkansas Railway, (now KCS) with a new modern brick building.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154