Call reports 2008
SABINE STATE BANK AND TRUST COMPANY — 2008
What SABINE STATE BANK AND TRUST COMPANY reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 606,893,000 | 608,955,000 | 623,502,000 | 632,901,000 |
| Total loans | 409,885,000 | 420,411,000 | 426,394,000 | 429,961,000 |
| Allowance for loan losses | 3,958,000 | 4,257,000 | 4,553,000 | 3,498,000 |
| Securities available for sale | 136,531,000 | 134,296,000 | 133,521,000 | 142,521,000 |
| Securities held to maturity | 13,420,000 | 12,528,000 | 12,226,000 | 16,964,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 529,182,000 | 528,710,000 | 571,994,000 | 573,810,000 |
| Interest-bearing deposits | 498,845,000 | 490,984,000 | 533,901,000 | 434,879,000 |
| Noninterest-bearing deposits | 30,337,000 | 37,726,000 | 38,093,000 | 138,931,000 |
| Equity capital | 45,322,000 | 44,238,000 | 42,713,000 | 45,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 9,275,000 | 17,790,000 | 26,322,000 | 34,453,000 |
| Interest expense | 3,946,000 | 7,391,000 | 10,509,000 | 13,109,000 |
| Net interest income | 5,329,000 | 10,399,000 | 15,813,000 | 21,344,000 |
| Noninterest income | 2,285,000 | 4,632,000 | 7,054,000 | 9,532,000 |
| Noninterest expense | 5,288,000 | 10,761,000 | 16,393,000 | 21,797,000 |
| Provision for loan losses | 400,000 | 875,000 | 1,475,000 | 1,775,000 |
| Pretax income | 1,926,000 | 3,395,000 | 4,999,000 | 7,312,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,926,000 | 3,395,000 | 4,999,000 | 7,312,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,076,000 | 40,017,000 | 41,261,000 | 42,233,000 |
| Total capital | 44,034,000 | 44,274,000 | 45,814,000 | 45,731,000 |
| Risk-weighted assets | 423,335,000 | 438,450,000 | 446,949,000 | 455,279,000 |