Sabine State Bank and Trust Company is headquartered in MANY and is the 11th largest bank in the state of Louisiana. It is also the 794th largest bank in the nation. It was established in 1902 and as of March of 2023, it had grown to 364 employees at 51 locations. Sabine State Bank and Trust Company's CD rates are 22% higher than the national average, and it has a B+ health rating.
RUN!!! Customer Service -5
The people I have dealt with in this organization, from the person I dealt with when opening a checking account all the way to the main office in Many, LA, do NOT know how to provide customer service. They have a radio ad touting their excellent customer service...DO NOT BELIEVE IT. This is apparently a bank that started out as a small-town bank that opened more branches in an attempt to be in the same league as bigger banks, but they are woefully inadequate and unprofessional from top to bottom. Each time I speak with another person, they just sound like a bumbling idiot who does not care about the customer. Well, that being the case, they can just consider they have lost this customer, and I will in the future take any available opportunity to share this information with anyone who will listen...in detail and with names so the folks will know I am not just making this stuff up.
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.
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.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 8141 |
| Year Established | 1902 |
| Employees | 364 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.9% |
| Return on Equity - YTD | 31.89% |
| Annual Interest Income | $17.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $1.32B$1.33B |
| Loans | Q1 2023vs Q1 2022 | $898.5MM$749.1MM |
| Deposits | Q1 2023vs Q1 2022 | $1.18B$1.19B |
| Equity Capital | Q1 2023vs Q1 2022 | $119.1MM$114.4MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $9.7MM$9.8MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $2.3MM$1.3MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $1.1MM$1.3MM |
