Bank deposits up during third quarter

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The total amount Snyder’s banks held on deposit at the end of September jumped $26 million compared to last September, and outstanding loans were down by about the same amount compared to last year.

Combined, the banks who made information available reported holding $348.2 million in deposits as of Sept. 30, and $133.5 million in outstanding loans.

The banks reported a combined $323.8 million in deposits at the end of June and $322.2 million in deposits in September 2016.

AimBank and First Bank and Trust both saw increases in their deposit figures. 

First Bank and Trust reported $89.8 million on deposit at the end of September compared to $60.6 million on deposit last September.  At the end of June, the bank reported $62.6 million on deposit.

AimBank reported $57.5 million on deposit at the end of September, compared to $49.9 million at the end of last September. In June, the bank reported holding $56.9 million on deposit.

West Texas State Bank reported $102.6 million on deposit in September compared to June’s total of $105.6 million. Last September the bank reported having $111.6 million on deposit.

Community Bank of Snyder reported having $98.3 million on deposit, compared to $98.7 million on deposit in June. Last September, the bank reported having $100.1 million on deposit.

The banks reported outstanding loans of $133.5 million at the end of September, compared to $134.1 million in outstanding loans in June and $159.6 million last September.

West Texas State Bank reported a decrease in outstanding loans compared to the last quarter. The bank reported $71.5 million in outstanding loans at the end of September. In June the bank reported $75.6 million in loans. Last September the bank reported $78.5 million in outstanding loans.

Community Bank of Snyder reported an increase in outstanding loans compared to last year and the last quarter. The bank reported $52 million in outstanding loans at the end of September, compared to June’s $47.2 million. Last September, the bank reported $51.5 million in outstanding loans.

First Bank and Trust reported just under $10 million in outstanding loans compared to $11.3 million at the end of June. Last September, the bank reported $29.6 million in outstanding loans.

Prosperity Bank does not provide local banking center figures and AimBank does not report outstanding loans.