Vitals
  • Total Assets
    412.8M 61.9 %
  • Total Deposits
    364.9M 60.0 %
  • Total Net Loans
    243.2M 80.8 %
  • Net Income
    3.0M 35.4 %
  • Book Value
    43.8M 82.2 %
  • Book Value x2
    87.6M 82.2 %
  • Book Value x3
    131.4M 82.2 %
ROAA

.833

ROAE

7.69

Efficiency Ratio

69.276

Net Interest Margin

4.256

Balance Sheet Highlights
Financial Highlights Wellington State Bank All Insured Commercial Banks in Texas
Balance Sheet $(000)
Total Assets 412,772 358,087
Total Net Loans 243,152 213,533
Total Deposits 364,866 308,027
Total Equity 43,815 38,740
Profitability
Net Income 3,027 3,845
Return on Average Assets .833 1.025
Return on Average Equity 7.69 9.415
Net Interest Margin 4.256 3.773
Efficiency Ratio 69.276 66.762
Noninterest Income/Revenue 16.954 16.375
Balance Sheet Ratios
Loan-to-Deposit 66.642 65.494
Securities/Assets .197 .214
Total Equity/Total Assets .106 .108
Tangible Equity/Tangible Assets .099 .104
Capital Adequacy
Tier 1 Common Capital 41,621 37,278
Tier 1 Capital 41,621 37,303
Tier 2 Capital 2,151 2,526
Total Capital 43,772 39,866
Total Risk Weighted Assets 309,260 237,367
Leverage Ratio 10.18 10.563
Common Equity Tier 1 Capital Ratio 13.46 18.073
Tier 1 Capital Ratio 13.46 18.097
Total Capital Ratio 14.15 19.169

Timeline for Wellington State Bank

First National Bank In Dalhart

Acquisition: Wellington State Bank acquired a new subsidiary, First National Bank In Dalhart, 7 years

View Profile Oct 29 2016

Security State Bank

Acquisition: Wellington State Bank acquired a new subsidiary, Security State Bank, 8 years

View Profile Feb 20 2016

Wsb Bancshares, Inc.

Wsb Bancshares, Inc. became a new parent organization for Wellington State Bank.

View Profile Apr 19 2008

First National Bank In Wheeler

Acquisition: Wellington State Bank acquired a new subsidiary, First National Bank In Wheeler, 29 years

View Profile Jul 30 1994

Wellington Delaware Financial Corporation

Wellington Delaware Financial Corporation became a new parent organization for Wellington State Bank.

View Profile Dec 01 1992

Want to see more?

Complete timeline for Wellington State Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First National Bank In Dalhart Seller 69,674 Acquisition Discontinued 10/29/2016
Security State Bank Seller 126,117 Pooling of Interests Discontinued 2/20/2016
First National Bank In Wheeler Seller 33,899 Discontinued 7/30/1994
Relationships Role Relationship Start Relationship End
Wsb Bancshares, Inc. Parent 4/19/2008
Wellington Delaware Financial Corporation Parent 12/1/1992 4/18/2008
Independent Bankshares, Inc. Parent 6/29/1984 12/7/1990
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