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Statement of Condition

The following Statement of Condition represents the financial position of SouthStar Bank, SSB, including all of our bank facilities, as of 06/30/2014. If you have questions, please call 800.460.3258.

Consolidated Domestic Subsidiaries of:
SouthStar Bank, SSB. In the State of Texas at the close of Business on June 30, 2014

ASSETS

 

Dollar Amounts in Thousands

Cash and balances due from depository institutions:

 

Noninterest-bearing balances, currency and coin

$6,554

Interest-bearing balances

 

$7,898

Securities:

 

Held-to-maturity securities

 

$0

Available-for-sale securities

 

$57,821

Federal funds sold and securities purchased under agreements to resell:

 

Fed funds sold

 

$0

Securities purchased under agreements to resell

0

Loans and leases financing receivables:

 

Loans and leases held for sale

 

0

Loans and leases, net of unearned income

 

$173,884

LESS: Allowance for loan and lease losses

 

$1,134

Loans and leases, net of unearned income and allowance

 

$172,750

Trading assets

0

Premises and fixed assets (including capitalized leases)

$10,794

Other real estate owned

0

Investments in unconsolidated subsidiaries and associated companies

$4

Direct and indirect investments in real estate ventures

0

Intangible assets:

 

Goodwill

 

0

Other intangible assets

 

0

Other assets

$3,516

Total Assets

$259,337

LIABILITIES

 

Dollar Amounts in Thousands

Deposits:

 

In domestic offices

$196,266

Non-interest bearing

 

$34,407

Interest bearing

 

$161,859

Fed Funds purchased and securities sold under agreements to repurchase:

 

Fed funds purchased

 

$7,500

Securities sold under agreements to repurchase

 

0

Trading liabilities

0

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

$28,987

Subordinated notes and debentures

0

Other liabilities

$484

Total Liabilities

$233,237

EQUITY  CAPITAL

Dollar Amounts in Thousands

Perpetual preferred stock and related surplus

0

Common stock

$300

Surplus (exclude all surplus related to preferred stock)

$4,706

Retained earnings

$22,182

Accumulated other comprehensive Income

$-1,088

Other equity capital components

0

Total bank equity capital

$26,100

Non-controlling (minority) interests in consolidated subsidiaries

0

Total equity capital

$26,100

Total liabilities and equity capital