Call reports 2024
SABINE STATE BANK AND TRUST COMPANY — 2024
What SABINE STATE BANK AND TRUST COMPANY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 1,310,465,000 | 1,329,424,000 | 1,317,780,000 | 1,375,377,000 |
| Total loans | 1,034,808,000 | 1,063,477,000 | 1,083,847,000 | 1,097,689,000 |
| Allowance for loan losses | 9,141,000 | 8,746,000 | 8,282,000 | 8,339,000 |
| Securities available for sale | 129,122,000 | 120,510,000 | 119,527,000 | 116,976,000 |
| Securities held to maturity | 2,014,000 | 2,014,000 | 1,694,000 | 1,387,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,177,088,000 | 1,195,024,000 | 1,180,357,000 | 1,234,974,000 |
| Interest-bearing deposits | 1,169,243,000 | 1,187,182,000 | 1,177,249,000 | 1,223,360,000 |
| Noninterest-bearing deposits | 7,845,000 | 7,842,000 | 3,108,000 | 11,614,000 |
| Equity capital | 121,246,000 | 121,596,000 | 123,661,000 | 122,839,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 20,271,000 | 41,221,000 | 62,991,000 | 84,589,000 |
| Interest expense | 4,403,000 | 9,038,000 | 14,018,000 | 18,679,000 |
| Net interest income | 15,868,000 | 32,183,000 | 48,973,000 | 65,910,000 |
| Noninterest income | 3,495,000 | 7,015,000 | 10,560,000 | 14,135,000 |
| Noninterest expense | 10,308,000 | 20,908,000 | 32,096,000 | 43,367,000 |
| Provision for loan losses | 0 | 0 | 0 | 2,000 |
| Pretax income | 9,055,000 | 18,290,000 | 27,437,000 | 36,471,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 9,055,000 | 18,290,000 | 27,437,000 | 36,471,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 127,890,000 | 128,148,000 | 128,348,000 | 129,110,000 |
| Total capital | 137,031,000 | 136,894,000 | 136,630,000 | 137,654,000 |
| Risk-weighted assets | 978,991,000 | 1,004,600,000 | 1,023,252,000 | 1,032,925,000 |