Call reports 2023
SABINE STATE BANK AND TRUST COMPANY — 2023
What SABINE STATE BANK AND TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 1,317,171,000 | 1,265,589,000 | 1,244,893,000 | 1,289,822,000 |
| Total loans | 908,200,000 | 918,513,000 | 970,470,000 | 1,005,348,000 |
| Allowance for loan losses | 9,689,000 | 9,851,000 | 9,707,000 | 9,572,000 |
| Securities available for sale | 180,214,000 | 187,629,000 | 163,289,000 | 148,788,000 |
| Securities held to maturity | 2,627,000 | 2,627,000 | 2,307,000 | 2,014,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,180,989,000 | 1,128,248,000 | 1,097,206,000 | 1,139,862,000 |
| Interest-bearing deposits | 1,167,043,000 | 1,122,001,000 | 1,091,436,000 | 1,130,069,000 |
| Noninterest-bearing deposits | 13,946,000 | 6,247,000 | 5,770,000 | 9,793,000 |
| Equity capital | 119,075,000 | 119,501,000 | 116,995,000 | 121,339,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 17,400,000 | 35,589,000 | 53,914,000 | 73,024,000 |
| Interest expense | 1,870,000 | 4,152,000 | 8,682,000 | 12,437,000 |
| Net interest income | 15,530,000 | 31,437,000 | 45,232,000 | 60,587,000 |
| Noninterest income | 3,331,000 | 6,608,000 | 10,287,000 | 13,909,000 |
| Noninterest expense | 9,390,000 | 19,147,000 | 28,777,000 | 38,832,000 |
| Provision for loan losses | 0 | 327,000 | 327,000 | 327,000 |
| Pretax income | 9,471,000 | 18,571,000 | 26,415,000 | 35,337,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 9,471,000 | 18,571,000 | 26,415,000 | 35,337,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,741,000 | 126,958,000 | 126,670,000 | 127,813,000 |
| Total capital | 136,430,000 | 136,809,000 | 136,377,000 | 137,385,000 |
| Risk-weighted assets | 892,401,000 | 875,497,000 | 929,087,000 | 983,468,000 |