Call reports 2022
SABINE STATE BANK AND TRUST COMPANY — 2022
What SABINE STATE BANK AND TRUST COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,326,384,000 | 1,319,988,000 | 1,305,057,000 | 1,298,588,000 |
| Total loans | 758,835,000 | 806,705,000 | 868,602,000 | 889,914,000 |
| Allowance for loan losses | 9,771,000 | 9,661,000 | 9,522,000 | 9,715,000 |
| Securities available for sale | 151,621,000 | 165,434,000 | 163,807,000 | 168,982,000 |
| Securities held to maturity | 3,226,000 | 3,226,000 | 2,906,000 | 2,627,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,194,115,000 | 1,183,257,000 | 1,165,560,000 | 1,163,928,000 |
| Interest-bearing deposits | 1,181,336,000 | 1,171,568,000 | 1,156,619,000 | 1,134,849,000 |
| Noninterest-bearing deposits | 12,779,000 | 11,689,000 | 8,941,000 | 29,079,000 |
| Equity capital | 114,436,000 | 116,049,000 | 117,231,000 | 118,542,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 9,719,000 | 20,583,000 | 34,211,000 | 50,070,000 |
| Interest expense | 468,000 | 1,086,000 | 2,081,000 | 3,380,000 |
| Net interest income | 9,251,000 | 19,497,000 | 32,130,000 | 46,690,000 |
| Noninterest income | 3,592,000 | 7,198,000 | 10,800,000 | 14,446,000 |
| Noninterest expense | 9,095,000 | 18,220,000 | 27,743,000 | 37,010,000 |
| Provision for loan losses | 757,000 | 757,000 | 757,000 | 1,070,000 |
| Pretax income | 2,991,000 | 7,718,000 | 14,430,000 | 23,056,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,991,000 | 7,718,000 | 14,430,000 | 23,056,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,577,000 | 122,314,000 | 127,308,000 | 127,255,000 |
| Total capital | 127,348,000 | 131,975,000 | 136,830,000 | 136,970,000 |
| Risk-weighted assets | 835,570,000 | 954,743,000 | 974,581,000 | 961,719,000 |