Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Sabine State Bank and Trust Company

Based on 2 reviews
Sabine State Bank and Trust Company
Overview / Commentary
297 Elizabeth Street
Many, LA 71449

Sabine State Bank and Trust Company is headquartered in Many and is the 17st largest bank in the state of Louisiana. It is also the 917st largest bank in the nation. It was established in 1902 and as of December of 2013, it had grown to 334 employees at 45 locations. Sabine State Bank and Trust Company has a A health rating.

Reviews (2)

Auto Loans

Sabine State Bank in Leesville does not know how to make an auto loan.  It took them about a week to review my application, and they gave me a terrible rate and short term even though my credit was excellent.  I refused the loan, and noone answered my letters questioning my treatment.

Very Rude/ Bad Service

The Center Tx Branch is not very professional buisness in any way. Very RUDE people. Will NEVER do buisness with them again!!!! They closed my account without my permission. Didnt know they could do that, but i have learned a very good lesson here. Now i must wait 6 weeks for my checks to be rerouted to me threw the mail, and im trying to take care of a very sick mother with demesia.



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Sabine State Bank and Trust Company had $5.04 million in non-current loans and owned real-estate with $78.4 million in equity and loan loss allowances on hand to cover it. This gives Sabine State Bank and Trust Company a Texas Ratio of 6.43% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Sabine State Bank and Trust Company experienced no significant changes from 5.70% as of December 31, 2012 to 6.43% as of December 31, 2013, resulting in a negative change of 12.78%. This indicates that the balance sheet and financial strength for Sabine State Bank and Trust Company has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Sabine State Bank and Trust Company has increased its total deposits by $23.2 million, resulting in 3.78% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Sabine State Bank and Trust Company has shown is excellent.

Capitalization

GRADE:
B+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Sabine State Bank and Trust Company has $734.52 million in assets with $78.4 million in equity, resulting in a capitalization level of 10.67%, which is above average.

Institution Statistics

Overall
FDIC Certificate #8141
Year Established1902
Employees334
Primary RegulatorFDIC
Assets and Liabilities
Assets$734.52 million
Loans$542.01 million
Deposits$637.37 million
Equity Capital$71.70 million
Loan Loss Allowance$6.70 million
Unbacked Noncurrent Loans$2.60 million
Real Estate Owned$2.44 million
Historic Data - December 2012
Assets$704.80 million
Equity Capital$63.05 million
Loan Loss Allowance$6.50 million
Unbacked Noncurrent Loans$2.60 million
Real Estate Owned$2.68 million
Profit Margin - Quarterly
Net Interest Margin4.18%
Return on Assets1.78%
Return on Equity19.09%
Interest Income$30.78 million
Rates

Sorry, we do not have rate data for Sabine State Bank and Trust Company

Locations

Sabine State Bank and Trust Company has 44 locations. Click to view all Sabine State Bank and Trust Company locations.