Sabine State Bank And Trust Company Mortgage Rates, Fees & Info
Many, LALEI: 254900GNK8YXIZQ6LW40
Tax ID: 72-0306740
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Overview
Sabine State Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Sabine State Bank And Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Lake Charles, Alexandria, Fort Polk South, Natchitoches, and Deridder among others. Sabine State Bank And Trust Company has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Sabine State Bank And Trust Company is typically an average fee lendor.Originations
630Origination Dollar Volume (All Markets)
$134,990,000Employee count
359Relative Rate
Sabine State Bank And Trust Company's average 30 year fixed rate mortgage of loans were
3.31%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.16%.
Relative Fees
Sabine State Bank And Trust Company's average total fees for a 30 year fixed rate
mortgage are $5,273.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Outside of Metro Areas | 270 | $40,340,000 | $149,407 | $4,733 | 3.34% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 35 | $34,855,000 | $995,857 | $5,316 | 3.73% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 101 | $16,105,000 | $159,455 | $5,518 | 3.23% |
| Fort Polk South, LA (FHA|USDA|VA) | 64 | $11,000,000 | $171,875 | $4,210 | 3.57% |
| Natchitoches, LA (FHA|USDA|VA) | 56 | $9,690,000 | $173,036 | $4,920 | 3.33% |
| DeRidder, LA (FHA|USDA|VA) | 34 | $5,360,000 | $157,647 | $4,589 | 3.62% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 20 | $3,750,000 | $187,500 | $4,806 | 2.96% |
| Greenwood, MS (FHA|USDA|VA) | 1 | $3,165,000 | $3,165,000 | $0 | 4.95% |
| LAFAYETTE, LA (FHA|USDA|VA) | 7 | $1,815,000 | $259,286 | $5,616 | 3.73% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 8 | $1,320,000 | $165,000 | $4,182 | 3.56% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $1,100,000 | $550,000 | $4,456 | 3.06% |
| Lufkin, TX (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $5,121 | 3.28% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $8,705 | 4.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $3,281 | 3.81% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $7,263 | 3.83% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $4,131 | 3.75% |
| MONROE, LA (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $5,689 | 3.29% |
| Minden, LA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,576 | 3.00% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,680 | 2.38% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 4.50% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,326 | 2.88% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $3,552 | 3.06% |
| Jennings, LA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $3,522 | 3.50% |
| Athens, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,396 | 3.00% |
| Natchez, MS-LA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,486 | 3.88% |
| Nacogdoches, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.25% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,639 | 2.88% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,015 | 2.75% |
Sabine State Bank And Trust Company's top markets include Lake Charles, Alexandria, Fort Polk South, Natchitoches, and Deridder among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 519 | $117,455,000 | $226,310 | $4,518 | 3.49% |
| USDA | 83 | $11,495,000 | $138,494 | $5,547 | 2.97% |
| FHA | 20 | $4,230,000 | $211,500 | $8,377 | 2.85% |
| VA | 8 | $1,810,000 | $226,250 | $5,444 | 2.73% |
For the 2021 period, Sabine State Bank And Trust Company's most frequently originated loan type of loans were Conventional, with 519 originations. Their 2nd most popular type is USDA, with 83 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 350 | $63,920,000 | $182,629 | $5,430 | 3.57% |
| Refi | 144 | $49,360,000 | $342,778 | $4,338 | 3.16% |
| Cash Out Refi | 103 | $16,335,000 | $158,592 | $4,353 | 3.13% |
| Other | 23 | $2,945,000 | $128,043 | $4,019 | 3.22% |
| Home Improvement | 10 | $2,430,000 | $243,000 | $3,770 | 3.20% |
For the 2021, Sabine State Bank And Trust Company's most frequently cited loan purpose of loans were Home Purchase, with 350 originations. The 2nd most popular reason of loans were Refi, with 144 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 326 | $82,950,000 | $254,448 | $5,273 | 3.31% |
| 15 Year | 156 | $22,050,000 | $141,346 | $4,207 | 2.75% |
| 20 Year | 105 | $17,785,000 | $169,381 | $4,415 | 4.28% |
| Other | 21 | $9,425,000 | $448,810 | $4,065 | 4.42% |
| 10 Year | 17 | $2,165,000 | $127,353 | $3,591 | 3.58% |
| 5 Year | 3 | $395,000 | $131,667 | $0 | 4.50% |
| 1 Year | 1 | $195,000 | $195,000 | $0 | 4.25% |
| 3 Year | 1 | $25,000 | $25,000 | $0 | 5.50% |
For the 2021, Sabine State Bank And Trust Company's most frequently cited loan length of loans were 30 Year, with 326 originations. The 2nd most popular length of loans were 15 Year, with 156 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 157 | $27,475,000 | $175,000 |
| $1k-2k | 157 | $15,135,000 | $96,401 |
| $2k-3k | 112 | $19,330,000 | $172,589 |
| $3k-4k | 59 | $16,735,000 | $283,644 |
| $5k+ | 4 | $1,640,000 | $410,000 |
$5,273 of loans were Sabine State Bank And Trust Company's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 157 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 199 | $61,845,000 | $310,779 |
| 2.5-3% | 197 | $31,175,000 | $158,249 |
| 4-5% | 116 | $24,860,000 | $214,310 |
| <2.5% | 90 | $14,580,000 | $162,000 |
| 5-6% | 25 | $2,365,000 | $94,600 |
| 6-7% | 2 | $80,000 | $40,000 |
| 7-8% | 1 | $85,000 | $85,000 |
During 2021, Sabine State Bank And Trust Company's average interest rate of loans were 3.31%, while their most frequently originated rate bucket of loans were 3-4%, with 199 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 296 | $42,330,000 | $143,007 | $4,821 | 3.33% |
| $100,000 or less | 165 | $11,435,000 | $69,303 | $3,718 | 3.56% |
| $200k-400k | 146 | $39,100,000 | $267,808 | $5,961 | 3.24% |
| $400k-600k | 15 | $7,475,000 | $498,333 | $6,218 | 3.69% |
| $1MM+ | 5 | $32,445,000 | $6,489,000 | $0 | 4.24% |
| $600k-1MM | 3 | $2,205,000 | $735,000 | $0 | 4.08% |
2021 saw Sabine State Bank And Trust Company place emphasis on $100k-200k loans with 296 originations, totaling $42,330,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 154 | $20,760,000 | $134,805 | $4,726 | 3.15% |
| $50k or less | 127 | $13,575,000 | $106,890 | $4,598 | 3.24% |
| $100k-150k | 104 | $22,260,000 | $214,038 | $5,509 | 3.21% |
| $75k-100k | 77 | $12,925,000 | $167,857 | $5,148 | 3.46% |
| $150k-250k | 58 | $11,550,000 | $199,138 | $4,719 | 3.33% |
| $250k+ | 23 | $4,935,000 | $214,565 | $4,849 | 3.59% |
Sabine State Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 154 originations. The second most popular income band? $50k or less, with 127 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 121 | $18,725,000 | $154,752 | $4,577 | 3.02% |
| 30-36% | 120 | $20,370,000 | $169,750 | $4,953 | 3.13% |
| <20% | 55 | $7,845,000 | $142,636 | $4,281 | 2.95% |
| 38% | 26 | $3,760,000 | $144,615 | $5,365 | 3.15% |
| 39% | 23 | $3,755,000 | $163,261 | $4,927 | 3.17% |
| 40% | 20 | $3,440,000 | $172,000 | $5,315 | 3.34% |
| 37% | 18 | $2,660,000 | $147,778 | $4,970 | 3.23% |
| 43% | 17 | $3,025,000 | $177,941 | $6,090 | 3.05% |
| 41% | 17 | $2,715,000 | $159,706 | $5,008 | 3.32% |
| 44% | 17 | $2,625,000 | $154,412 | $4,621 | 3.22% |
| 36% | 15 | $2,855,000 | $190,333 | $5,035 | 3.27% |
| 42% | 14 | $2,820,000 | $201,429 | $5,240 | 2.90% |
| 45% | 12 | $2,250,000 | $187,500 | $4,943 | 2.92% |
| 47% | 9 | $2,225,000 | $247,222 | $5,934 | 2.96% |
| 48% | 8 | $1,190,000 | $148,750 | $4,205 | 3.31% |
| 46% | 7 | $1,155,000 | $165,000 | $5,228 | 3.00% |
| 49% | 5 | $765,000 | $153,000 | $4,742 | 3.15% |
| 50-60% | 2 | $330,000 | $165,000 | $6,381 | 2.69% |
| >60% | 2 | $60,000 | $30,000 | $0 | 6.13% |
Sabine State Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 121 originations. The next most common DTI ratio? 30-36%, with 120 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 502 | $80,710,000 | $160,777 | $4,851 | 3.23% |
| Not applicable | 69 | $45,505,000 | $659,493 | $0 | 4.51% |
| Black | 31 | $4,755,000 | $153,387 | $5,619 | 3.44% |
| Asian | 10 | $1,830,000 | $183,000 | $4,774 | 3.13% |
| American Indian | 8 | $1,120,000 | $140,000 | $3,435 | 3.38% |
| Not provided | 9 | $1,025,000 | $113,889 | $4,916 | 3.43% |
| Native Hawaiian | 1 | $45,000 | $45,000 | $2,982 | 3.13% |
Approval Rates
Total approvals of all applications88.25%
Sabine State Bank And Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination80.91%
Sabine State Bank And Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 630 | $134,990,000 | $214,270 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 630 | $134,990,000 | $214,270 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 40 | $28,910,000 | $722,750 | $3,751 | 3.23% |
| 40-60% | 72 | $11,500,000 | $159,722 | $4,082 | 3.44% |
| 60-80% | 220 | $40,140,000 | $182,455 | $4,513 | 3.45% |
| 80-100% | 289 | $51,765,000 | $179,118 | $5,419 | 3.35% |
| Over 100% | 2 | $370,000 | $185,000 | $5,938 | 3.00% |
| Under 20% | 4 | $1,720,000 | $430,000 | $0 | 4.56% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| SFMC L.P. | Conventional home mortgage | Struggling to pay mortgage | 2 | 50.0% |
| SFMC L.P. | FHA mortgage | Trouble during payment process | 2 | 50.0% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Sabine State Bank and Trust Company | 12020 Texas Highway Many, LA 71449 | Full Service B&M | $19,142 |
| Sabine State Bank and Trust Company | 115 North Front Street Converse, LA 71419 | Full Service B&M | $11,135 |
| Sabine State Bank and Trust Company | 205 Hurst Street Center, TX 75935 | Full Service B&M | $18,154 |
| Sabine State Bank and Trust Company | 2087 Obrie Street Zwolle, LA 71486 | Full Service B&M | $24,583 |
| Sabine State Bank and Trust Company | 215 Pershing Highway Jonesboro, LA 71251 | Full Service B&M | $9,170 |
| Sabine State Bank and Trust Company | 2335 Mill Street Ringgold, LA 71068 | Full Service B&M | $5,883 |
| Sabine State Bank and Trust Company | 2704 Holloway Prairie Pineville, LA 71360 | Full Service B&M | $9,617 |
| Sabine State Bank and Trust Company | 297 Elizabeth Street Many, LA 71449 | Full Service B&M | $258,382 |
| Sabine State Bank and Trust Company | 300 Second Street Colfax, LA 71417 | Full Service B&M | $3,425 |
| Sabine State Bank and Trust Company | 306 Walnut Street Bunkie, LA 71322 | Full Service B&M | $34,106 |
| Sabine State Bank and Trust Company | 314 Main Street Logansport, LA 71049 | Full Service B&M | $1,932 |
| Sabine State Bank and Trust Company | 395 East First Street Deridder, LA 70634 | Full Service B&M | $10,664 |
| Sabine State Bank and Trust Company | 401 East Fifth Avenue Oakdale, LA 71463 | Full Service B&M | $30,335 |
| Sabine State Bank and Trust Company | 401 West Court Street Winnfield, LA 71483 | Full Service B&M | $7,197 |
| Sabine State Bank and Trust Company | 4121 Nelson Road Lake Charles, LA 70605 | Full Service B&M | $11,888 |
| Sabine State Bank and Trust Company | 425 Sabine Street Hemphill, TX 75948 | Full Service B&M | $15,896 |
| Sabine State Bank and Trust Company | 737 Keyser Avenue Natchitoches, LA 71457 | Full Service B&M | $125,255 |
| Sabine State Bank and Trust Company | 765 North Shreveport Highway Many, LA 71449 | Full Service Retail | $6,615 |
| Sabine State Bank and Trust Company | 780 Front Street, Suite 103 Natchitoches, LA 71457 | Full Service B&M | $1,491 |
| Sabine State Bank and Trust Company | 806 Main Street Hackberry, LA 70645 | Full Service B&M | $9,679 |
| Sabine State Bank and Trust Company | 9048 Texas Street Robeline, LA 71469 | Full Service B&M | $1,940 |
| Sabine State Bank and Trust Company | 9900 Highway 87 South Hemphill, TX 75948 | Full Service B&M | $1,349 |
| Sabine State Bank and Trust Company | Corner Of Montana & Colorado Avenues Fort Polk, LA 71459 | Full Service B&M | $9,315 |
| Sabine State Bank and Trust Company | 110 East Fifth Street Oberlin, LA 70655 | Full Service B&M | $27,227 |
| Sabine State Bank and Trust Company | 1125 7th Street Glenmora, LA 71433 | Full Service B&M | $20,401 |
| Sabine State Bank and Trust Company | 11479 Hwy 190 Merryville, LA 70653 | Full Service B&M | $5,279 |
| Sabine State Bank and Trust Company | 4716 Jackson Street Alexandria, LA 71303 | Full Service B&M | $40,882 |
| Sabine State Bank and Trust Company | 4725 Hwy 112 Forest Hill, LA 71430 | Full Service B&M | $5,795 |
| Sabine State Bank and Trust Company | 483 State Highway 63 East Burkeville, TX 75932 | Full Service B&M | $2,874 |
| Sabine State Bank and Trust Company | 506 East 4th Street Dequincy, LA 70633 | Full Service B&M | $22,311 |
| Sabine State Bank and Trust Company | 516 Main Street Mamou, LA 70554 | Full Service B&M | $15,048 |
| Sabine State Bank and Trust Company | 565 East Gibson Street Jasper, TX 75951 | Full Service B&M | $8,458 |
| Sabine State Bank and Trust Company | 5769 Highway 1 Bypass Natchitoches, LA 71457 | Full Service B&M | $35,109 |
| Sabine State Bank and Trust Company | 5917 Highway 167 Winnfield, LA 71483 | Full Service B&M | $55,035 |
| Sabine State Bank and Trust Company | 601 Polk Street Mansfield, LA 71052 | Full Service B&M | $44,375 |
| Sabine State Bank and Trust Company | 603 Front Street Cheneyville, LA 71325 | Full Service B&M | $7,096 |
| Sabine State Bank and Trust Company | 620 Nolan Trace Florien, LA 71429 | Full Service B&M | $13,714 |
| Sabine State Bank and Trust Company | 6206 Monroe Hwy Ball, LA 71405 | Full Service B&M | $1,149 |
| Sabine State Bank and Trust Company | 645 West Oak Street Jena, LA 71342 | Full Service B&M | $10,662 |
| Sabine State Bank and Trust Company | 6669 Tannehill Drive Urania, LA 71480 | Full Service B&M | $1,729 |
| Sabine State Bank and Trust Company | 121 University Parkway Leesville, LA 71446 | Full Service B&M | $66,594 |
| Sabine State Bank and Trust Company | 1309 E. Carroll Street Coushatta, LA 71019 | Full Service B&M | $11,380 |
| Sabine State Bank and Trust Company | 1340 Boone St Leesville, LA 71446 | Full Service B&M | $561 |
| Sabine State Bank and Trust Company | 1377 Fourth Street Saline, LA 71070 | Full Service B&M | $6,385 |
| Sabine State Bank and Trust Company | 1527 North Pine Street De Ridder, LA 70634 | Full Service B&M | $15,837 |
| Sabine State Bank and Trust Company | 164 Sam Houston Jones Parkway Lake Charles, LA 70611 | Full Service B&M | $935 |
| Sabine State Bank and Trust Company | 1717 Hwy 71 Lecompte, LA 71346 | Full Service B&M | $9,293 |
| Sabine State Bank and Trust Company | 1869 U.S. Highway 71 Montgomery, LA 71454 | Full Service B&M | $2,179 |
| Sabine State Bank and Trust Company | 1900 Maplewood Drive Sulphur, LA 70663 | Full Service B&M | $7,052 |
| Sabine State Bank and Trust Company | 1927 Highway 121 Hineston, LA 71438 | Full Service B&M | $16,937 |
| Sabine State Bank and Trust Company | 1970 West Main Street Pleasant Hills, LA 71065 | Full Service B&M | $10,440 |
| Sabine State Bank and Trust Company | 203 Ansley Boulevard Alexandria, LA 71303 | Full Service B&M | $14,930 |
For 2021, Sabine State Bank And Trust Company had 52 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $37,365 |
| Net interest income | $35,571 |
| Total noninterest income | $14,319 |
| Gross Fiduciary activities income | $6 |
| Service charges on deposit accounts | $5,388 |
| Trading account gains and fees | $0 |
| Additional Noninterest Income | $8,925 |
| Pre-tax net operating income | $13,684 |
| Securities gains (or losses, -) | $0 |
| Income before extraordinary items | $13,684 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $13,684 |
| Minority interest net income | $0 |
| Net income | $13,684 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $13,684 |
Sabine State Bank And Trust Company's gross interest income from loans was $37,365,000.
Sabine State Bank And Trust Company's net interest income from loans was $35,571,000.
Sabine State Bank And Trust Company's fee based income from loans was $5,388,000.
Sabine State Bank And Trust Company's net income from loans was $13,684,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $1,794 |
| Provision for credit losses | $0 |
| Total noninterest expense | $36,206 |
| Salaries and employee benefits | $21,069 |
| Premises and equipment expense | $4,748 |
| Additional noninterest expense | $10,389 |
| Applicable income taxes | $0 |
| Net charge-offs | $324 |
| Cash dividends | $6,088 |
Sabine State Bank And Trust Company's interest expense for loans was $1,794,000.
Sabine State Bank And Trust Company's payroll and benefits expense were $21,069,000.
Sabine State Bank And Trust Company's property, plant and equipment expenses $4,748,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 0.0% |
| Real Estate loans | 0.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 0.0% |
| HELOC loans | 0.0% |
| All other family | 0.0% |
| Commercial & industrial loans | 0.0% |
| Personal loans | 0.0% |
| Credit card loans | 0.0% |
| Other individual loans | 0.0% |
| Auto loans | 0.0% |
| Other consumer loans | 0.0% |
| Unsecured commercial real estate loans | 0.0% |
Deposits
| Type | Value (in 000's) |
|---|---|
| Total deposits | $1,154,608 |
| Deposits held in domestic offices | $1,154,608 |
| Deposits by Individuals, partnerships, and corporations | $950,215 |
| Deposits by U.S. Government | $223 |
| Deposits by States and political subdivisions in the U.S. | $203,920 |
| Deposits by Commercial banks and other depository institutions in U.S. | $250 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $31,915 |
| Demand deposits | $29,032 |
| Nontransaction accounts | $1,122,693 |
| Money market deposit accounts (MMDAs) | $103,592 |
| Other savings deposits (excluding MMDAs) | $949,161 |
| Total time deposits | $69,940 |
| Total time and savings deposits | $1,125,576 |
| Noninterest-bearing deposits | $29,032 |
| Interest-bearing deposits | $1,125,576 |
| Retail deposits | $1,139,097 |
| IRAs and Keogh plan accounts | $9,284 |
| Brokered deposits | $0 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $1,302,890 |
| Cash & Balances due from depository institutions | $429,526 |
| Interest-bearing balances | $407,602 |
| Total securities | $114,099 |
| Federal funds sold & reverse repurchase | $0 |
| Net loans and leases | $722,858 |
| Loan and leases loss allowance | $9,227 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $23,196 |
| Other real estate owned | $1,256 |
| Goodwill and other intangibles | $3,667 |
| All other assets | $8,288 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $1,302,890 |
| Total Liabilities | $1,183,355 |
| Total deposits | $1,154,608 |
| Interest-bearing deposits | $1,125,576 |
| Deposits held in domestic offices | $1,154,608 |
| % insured (estimated) | $59 |
| Federal funds purchased and repurchase agreements | $19,176 |
| Trading liabilities | $0 |
| Other borrowed funds | $7,025 |
| Subordinated debt | $0 |
| All other liabilities | $2,546 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $722,858 |
| Loan and leases loss allowance | $9,227 |
| Total loans and leases (domestic) | $732,085 |
| All real estate loans | $572,501 |
| Real estate loans in domestic offices | $572,501 |
| Construction and development loans | $62,876 |
| Residential 1-4 family construction | $6,761 |
| Other construction, all land development and other land | $56,115 |
| Loans secured by nonfarm nonresidential properties | $315,670 |
| Nonfarm nonresidential secured by owner-occupied properties | $181,002 |
| Commercial real estate & other non-farm, non-residential | $134,668 |
| Multifamily residential real estate | $9,580 |
| 1-4 family residential loans | $94,165 |
| Farmland loans | $90,210 |
| Loans held in foreign offices | $0 |
| Farm loans | $52,756 |
| Commercial and industrial loans | $83,186 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $21,051 |
| Credit card loans | $1,125 |
| Related Plans | $954 |
| Consumer Auto Loans | $3,337 |
| Other loans to individuals | $15,635 |
| All other loans & leases | $2,591 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $0 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $0 |
| Loans secured by real estate to non-U.S. addressees | $0 |
| Restructured Loans & leases | $1,313 |
| Non 1-4 family restructured loans & leases | $970 |
| Total loans and leases (foreign) | $0 |
Sabine State Bank and Trust Company had $722,858,000 of loans outstanding in 2021. $572,501,000 of loans were in real estate loans. $62,876,000 of loans were in development loans. $9,580,000 of loans were in multifamily mortgage loans. $94,165,000 of loans were in 1-4 family mortgage loans. $52,756,000 of loans were in farm loans. $1,125,000 of loans were in credit card loans. $3,337,000 of loans were in the auto loan category.
Small Business Loans
| Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
|---|---|---|---|
| Nonfarm, nonresidential loans - <$1MM | 389 | $78,699 | $202,311 |
| Nonfarm, nonresidential loans - <$100k | 114 | $4,511 | $39,570 |
| Nonfarm, nonresidential loans - $100-250k | 117 | $14,794 | $126,444 |
| Nonfarm, nonresidential loans - $250k-1MM | 158 | $59,394 | $375,911 |
| Commercial & Industrial, US addressed loans - <$1MM | 1,494 | $54,143 | $36,240 |
| Commercial & Industrial, US addressed loans - <$100k | 1,311 | $23,622 | $18,018 |
| Commercial & Industrial, US addressed loans - $100-250k | 123 | $12,790 | $103,984 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 60 | $17,731 | $295,517 |
| Farmland loans - <$1MM | 159 | $20,533 | $129,138 |
| Farmland loans - <$100k | 60 | $2,873 | $47,883 |
| Farmland loans - $100-250k | 63 | $8,560 | $135,873 |
| Farmland loans - $250k-1MM | 36 | $9,100 | $252,778 |
| Agriculture operations loans - <$1MM | 458 | $30,664 | $66,952 |
| Agriculture operations loans - <$100k | 270 | $7,424 | $27,496 |
| Agriculture operations loans - $100-250k | 131 | $12,179 | $92,969 |
| Agriculture operations loans - $250k-1MM | 57 | $11,061 | $194,053 |
