Sabine State Bank And Trust Company Mortgage Rates, Fees & Info

Many, LA

LEI: 254900GNK8YXIZQ6LW40

Tax ID: 72-0306740

Latest/2023 | 2022 Data | 2021 Data | 2020 Data |

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Mortgage Data

Bank Data

Review & 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 by origination volume include: Lake Charles, Alexandria, Fort Polk South, Natchitoches, and Deridder among others. We have data for 28 markets. (Some data included below & more in-depth data is available with an active subscription.)

Sabine State Bank And Trust Company has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Sabine State Bank And Trust Company is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 7.03% 3/28/24
30 Year Conventional Refi 6.53% 3/28/24
30 Year Cash-out Refi 7.23% 3/28/24
30 Year FHA Purchase 7.19% 3/28/24
30 Year FHA Refi 7.74% 3/28/24
30 Year VA Purchase 6.10% 3/28/24
30 Year VA Refi 6.27% 3/28/24
30 Year USDA Purchase 6.80% 3/28/24
15 Year Conventional Purchase 6.49% 3/28/24
15 Year Conventional Refi 6.01% 3/28/24
15 Year Cash-out Refi 6.01% 3/28/24
15 Year VA Purchase 5.68% 3/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Sabine State Bank And Trust Company Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Sabine State Bank And Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

630

Origination Dollar Volume (All Markets)

$134,990,000

Employee count

359

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

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.

Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Sabine State Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Sabine State Bank And Trust Company's most frequently originated type of loan was Conventional, with 519 originations. Their 2nd most popular type was USDA, with 83 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Sabine State Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 350 originations. The 2nd most popular reason was 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 2021, Sabine State Bank And Trust Company's most frequently cited loan duration was 30 Year, with 326 originations. The 2nd most popular length was 15 Year, with 156 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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 47 $12,545,000 $266,915
    $4k-5k 12 $4,190,000 $349,167
    $5k+ 4 $1,640,000 $410,000

    Sabine State Bank And Trust Company's average total fees were $5,273, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 3.31%, while their most frequently originated rate bucket for loans was 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 or Islander 1 $45,000 $45,000 $2,982 3.13%

    Approval Rates

    Total approvals of all applications
    86.92%

    Sabine State Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.41%

    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 115 North Front Street Converse, LA 71419 Full Service B&M $11,135
    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 12020 Texas Highway Many, LA 71449 Full Service B&M $19,142
    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
    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 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 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

    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