Sabine State Bank and Trust Company in Many, Louisiana (LA), TX
| Sabine State Bank and Trust Company | |
|---|---|
| General | FDIC Certificate #: 8141 Status: Active Federal Reserve ID: 125855 Bank Holding Company (Regulatory Top Holder): Sabine Bancshares, Inc. (RSSDID: 1108042, Location: Many, LA) Date Established: January 01, 1902 WWW: http://www.sabinebank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 45 (Domestic: 45, Interstate: Yes) OTS Docket #: 11447 FDIC's unique #: 5186 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: September 14, 2006 Last Structure Change Process Date: September 14, 2006 Last Data Update: September 14, 2006 Data Source Date: April 05, 2012 |
| Location | Address: 297 Elizabeth Street, Many, LA 71449 County: Sabine Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Shreveport Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western |
| History of Changes | Change in Location |
| Financial Summary | Total assets: $683.7 mil Equity capital: $57.2 mil Deposits held in domestic offices: $592.9 mil Return on assets (ROA): 1.81% ($12.4 mil) Quarterly return on assets: 2.25% ($15.4 mil) Return on Equity (ROE): 23.96% ($13.7 mil) Quarterly return on equity: 26.91% ($15.3 mil) Net income: $12.5 mil Quarterly Net income: $3.8 mil Pretax return on assets: 1.81% ($12,375.2 mil) Quarterly Pretax return on assets: 2.25% ($15,383.6 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 345 |
| Total assets | $683,714 |
| Cash and due from depository institutions | $32,420 |
| Interest-bearing balances | $12,907 |
| Securities | $130,305 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $493,396 |
| Loan loss allowance | $6,650 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $11,663 |
| Other real estate owned | $3,768 |
| Goodwill and other intangibles | $3,510 |
| All other assets | $8,652 |
| Life insurance assets | $683,714 |
| Total liabilities and capital | $626,527 |
| Total liabilities | $592,894 |
| Total deposits | $387,975 |
| Interest-bearing deposits | $592,894 |
| Deposits held in domestic offices | $77 |
| % insured (estimated) | 6491.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $26,002 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,140 |
| All other liabilities | $57,187 |
| Total equity capital | $57,187 |
| Total bank equity capital | $57,187 |
| Perpetual preferred stock | $0 |
| Common stock | $200 |
| Surplus | $23,522 |
| Undivided profits | $33,465 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $2,401 |
| Income earned, not collected on loans | $611 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $3,510 |
| Average Assets, year-to-date | $636,608 |
| Average Assets, quarterly | $82,231 |
| Volatile liabilities | $691,579 |
| Insider loans | $677,759 |
| FHLB advances | $516,965 |
| Loans and leases held for sale | $683,255 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $52,973 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $90,822 |
| Derivatives | $19,324 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $29,738 |
| Total interest expense | $3,909 |
| Net interest income | $25,829 |
| Provision for loan and lease losses | $800 |
| Total noninterest income | $11,109 |
| Fiduciary activities | $19 |
| Service charges on deposit accounts | $6,481 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $4,609 |
| Total noninterest expense | $23,663 |
| Salaries and employee benefits | $14,661 |
| Premises and equipment expense | $2,534 |
| Additional noninterest expense | $6,468 |
| Pre-tax net operating income | $12,475 |
| Securities gains (losses) | $62 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $12,537 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $12,537 |
| Net charge-offs | $0 |
| Cash dividends | $12,537 |
| Sale, conversion, retirement of capital stock, net | $214 |
| Net operating income | $3,879 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.60% |
| Cost of funding earning assets | 0.61% |
| Net interest margin | 4.00% |
| Noninterest income to earning assets | 1.72% |
| Noninterest expense to earning assets | 3.66% |
| Net operating income to assets | 1.80% |
| Return on assets (ROA) | 1.81% |
| Pretax return on assets | 1.81% |
| Return on equity (ROE) | 23.96% |
| Retained earnings to average equity (YTD only) | 16.55% |
| Net charge-offs to loans | 0.05% |
| Credit loss provision to net charge-offs | 373.83% |
| Efficiency ratio | 62.03% |
| Assets per employee | $63,718 |
| Cash dividends to net income (YTD only) | 1.98% |
| Condition Ratios (%) | |
| Loss allowance to loans | 30.94% |
| Loss allowance to noncurrent loans | 1.33% |
| Noncurrent assets plus other real estate owned to assets | 1088.38% |
| Noncurrent loans to loans | 0.64% |
| Net loans and leases to deposits | 0.12% |
| Net loans and leases to core deposits | 83.22% |
| Equity capital to assets | 87.15% |
| Core capital (leverage) ratio | 8.36% |
| Tier 1 risk-based capital ratio | 7.75% |
| Total risk-based capital ratio | 10.25% |
| Memoranda | |
| Average assets | $11 |
| Average earning assets | $691,579 |
| Average equity | $52,317 |
| Average loans | $645,971 |
| Total Fiduciary and Related Assets (December 31, 2011) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $1,334 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $1,067 |
| Employee benefit-defined contribution accounts | $1,067 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 27 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $267 |
| Corporate trust and agency accounts | $267 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| 41 Louisiana Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 5186 | Sabine State Bank And Trust Company | 297 Elizabeth Street, Many, LA 71449 | January 01, 1902 | Full Service Brick and Mortar | ![]() |
| 2 | 217987 | Zwolle Branch | 2087 Obrie Street, Zwolle, LA 71486 | November 29, 1973 | Full Service Brick and Mortar | ![]() |
| 3 | 217988 | Florien Branch | 620 Nolan Trace, Florien, LA 71429 | December 31, 1976 | Full Service Brick and Mortar | ![]() |
| 4 | 217989 | Converse Branch | 115 North Front Street, Converse, LA 71419 | December 27, 1979 | Full Service Brick and Mortar | ![]() |
| 5 | 217990 | Pleasant Hills Branch | 1970 West Main Street, Pleasant Hills, LA 71065 | June 10, 1985 | Full Service Brick and Mortar | ![]() |
| 6 | 217991 | Uptown Branch | 710 San Antonio Avenue, Many, LA 71449 | December 06, 1984 | Full Service Brick and Mortar | ![]() |
| 7 | 217992 | Fort Polk Branch | Corner Of Montana & Colorado Avenues, Fort Polk, LA 71459 | December 10, 1985 | Full Service Brick and Mortar | ![]() |
| 9 | 217994 | Leesville Branch | 2200-B South Fifth Street, Leesville, LA 71446 | May 16, 1991 | Limited Service Retail | ![]() |
| 10 | 217995 | Home Loan Mortgage Branch | 765 North Shreveport Highway, Many, LA 71449 | September 13, 1993 | Full Service Retail | ![]() |
| 11 | 217996 | Toledo Bend Branch | 12020 Texas Highway, Many, LA 71449 | November 04, 1994 | Full Service Brick and Mortar | ![]() |
| 12 | 217997 | Leesville Branch | 121 University Parkway, Leesville, LA 71446 | August 03, 1995 | Full Service Brick and Mortar | ![]() |
| 13 | 217998 | Court Street Branch | 401 West Court Street, Winnfield, LA 71483 | June 10, 1996 | Full Service Brick and Mortar | ![]() |
| 14 | 13047 | Hwy 167 North Winnfield Branch | 5917 Highway 167, Winnfield, LA 71483 | September 15, 1964 | Full Service Brick and Mortar | ![]() |
| 16 | 217999 | Pine Street Branch | 1527 North Pine Street, De Ridder, LA 70634 | October 14, 1997 | Full Service Brick and Mortar | ![]() |
| 17 | 218000 | Pineville Branch | 3524 Highway 28 East, Pineville, LA 71360 | March 02, 1998 | Full Service Brick and Mortar | ![]() |
| 18 | 218001 | Natchitoches Branch | 737 Keyser Avenue, Natchitoches, LA 71457 | April 27, 1998 | Full Service Brick and Mortar | ![]() |
| 19 | 218002 | Merryville Branch | 11479 Hwy 190, Merryville, LA 70653 | May 11, 1998 | Full Service Brick and Mortar | ![]() |
| 20 | 218003 | Mansfield Branch | 601 Polk Street, Mansfield, LA 71052 | July 22, 1998 | Full Service Brick and Mortar | ![]() |
| 21 | 218004 | Jonesboro Branch | 215 Pershing Highway, Jonesboro, LA 71251 | March 16, 1998 | Full Service Brick and Mortar | ![]() |
| 22 | 218005 | Logansport Branch | 314 Main Street, Logansport, LA 71049 | October 06, 1998 | Full Service Brick and Mortar | ![]() |
| 23 | 218006 | Alexandria, Louisiana Branch | 3925 Jackson Street, Alexandria, LA 71303 | March 08, 1999 | Full Service Brick and Mortar | ![]() |
| 24 | 218007 | West Oak Street Branch | 645 West Oak Street, Jena, LA 71342 | May 03, 1999 | Full Service Brick and Mortar | ![]() |
| 25 | 218008 | Natchitoches Bypass Branch | 5769 Highway 1 Bypass, Natchitoches, LA 71457 | May 17, 1999 | Full Service Brick and Mortar | ![]() |
| 26 | 218009 | Coushatta Branch | 1309 E. Carroll Street, Coushatta, LA 71019 | Febuary 02, 2000 | Full Service Brick and Mortar | ![]() |
| 28 | 357010 | Robeline Branch | 9048 Texas Street, Robeline, LA 71469 | July 03, 2000 | Full Service Brick and Mortar | ![]() |
| 30 | 5606 | Saline Branch | 1377 Fourth Street, Saline, LA 71070 | Febuary 25, 1904 | Full Service Brick and Mortar | ![]() |
| 31 | 359995 | Urania Branch | 6669 Tannehill Drive, Urania, LA 71480 | August 14, 2000 | Full Service Brick and Mortar | ![]() |
| 32 | 360067 | Highway 71 Branch | 1869 U.S. Highway 71, Montgomery, LA 71454 | April 16, 2001 | Full Service Brick and Mortar | ![]() |
| 34 | 361668 | Ringgold Branch | 2335 Mill Street, Ringgold, LA 71068 | August 21, 2001 | Full Service Brick and Mortar | ![]() |
| 35 | 363557 | Colfax Branch | 300 Second Street, Colfax, LA 71417 | May 16, 2002 | Full Service Brick and Mortar | ![]() |
| 38 | 10613 | Cheneyville Branch | 603 Front Street, Cheneyville, LA 71325 | July 01, 1946 | Full Service Brick and Mortar | ![]() |
| 39 | 423043 | Hineston Branch | 1927 Highway 121, Hineston, LA 71438 | August 04, 2003 | Full Service Brick and Mortar | ![]() |
| 40 | 242765 | Mamou Branch | 516 Main Street, Mamou, LA 70554 | May 02, 1983 | Full Service Brick and Mortar | ![]() |
| 41 | 13143 | Glenmora Branch | 1125 7th Street, Glenmora, LA 71433 | January 02, 1965 | Full Service Brick and Mortar | ![]() |
| 42 | 244878 | Oakdale Branch | 401 East Fifth Avenue, Oakdale, LA 71463 | March 31, 1992 | Full Service Brick and Mortar | ![]() |
| 43 | 242770 | Bunkie Branch | 306 Walnut Street, Bunkie, LA 71322 | January 31, 1994 | Full Service Brick and Mortar | ![]() |
| 44 | 432666 | Lecompte Branch | 1717 Hwy 71, Lecompte, LA 71346 | October 20, 2004 | Full Service Brick and Mortar | ![]() |
| 46 | 453955 | Forest Hill Branch | 4725 Hwy 112, Forest Hill, LA 71430 | July 25, 2006 | Full Service Brick and Mortar | ![]() |
| 48 | 489780 | Ball Branch | 6206 Monroe Hwy, Ball, LA 71405 | March 20, 2009 | Full Service Brick and Mortar | ![]() |
| 49 | 505885 | Downtown Natchitoches Branch | 780 Front Street, Suite 103, Natchitoches, LA 71457 | December 02, 2009 | Full Service Brick and Mortar | ![]() |
| 50 | 511464 | Highway 28 West Branch | 4409 Coliseum Boulevard, Alexandria, LA 71303 | August 13, 2010 | Full Service Brick and Mortar | ![]() |
| 4 Texas Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 37 | 17168 | Hemphill Branch | 425 Hwy 87 North, Hemphill, TX 75948 | October 17, 1983 | Full Service Brick and Mortar | ![]() |
| 45 | 453596 | Center Tx Branch | 205 Hurst Street, Center, TX 75935 | Febuary 01, 2006 | Full Service Brick and Mortar | ![]() |
| 47 | 460547 | Jasper Branch | 565 East Gibson Street, Jasper, TX 75951 | January 18, 2007 | Full Service Brick and Mortar | ![]() |
| 51 | 522196 | Six Mile Branch | 9900 Highway 87 South, Hemphill, TX 75948 | August 22, 2011 | Full Service Brick and Mortar | ![]() |
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