The total amount Snyder’s banks held on deposit at the end of September has increased since last year, rising by $15.8 million since September 2017’s reported total.
Over the same period, outstanding loans continued to fall, dropping by $24.8 million.
Combined, the banks who made information available reported holding $364 million in deposits as of Sept. 30, and $108.7 million in outstanding loans.
The banks reported a combined $366.3 million in deposits at the end of June and $348.2 million in deposits in September 2017.
Like three months ago, three of the four banks reported increased deposits over the last year, while only one reported an increase during the last quarter.
AimBank reported $62.9 million on deposit at the end of September, compared to $60.6 million at the end of June. Last September, the bank reported holding $57.5 million on deposit.
West Texas State Bank reported $107 million on deposit in September, $100,000 less than was reported in June. Last September the bank reported having $102.6 million on deposit.
Community Bank of Snyder reported having $97.2 million on deposit in September, compared to $97.6 million on deposit in June. Last September, the bank reported having $98.3 million on deposit.
First Bank & Trust reported $96.9 million on deposit at the end of September compared to $101 million on deposit at the end of June. Last September, the bank reported $57.5 million on deposit.
The banks reported outstanding loans of $108.7 million at the end of September, compared to $111.9 million in outstanding loans in June and $133.5 million last September.
All three banks that provided information reported a decrease over last year, and one reported an increase over the past quarter.
Community Bank of Snyder reported $41 million in outstanding loans at the end of September, compared to June’s $40.2 million. Last September, the bank reported $52 million in outstanding loans.
West Texas State Bank reported $59.5 million in outstanding loans at the end of September. In June the bank reported $62.6 million in loans. Last September the bank reported $71.5 million in outstanding loans.
First Bank and Trust reported $8.2 million in outstanding loans at the end of September compared to $9.1 million at the end of June. Last September, the bank reported $10 million in outstanding loans.
Prosperity Bank does not provide local banking center figures and AimBank does not report outstanding loans.
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