Overview / Commentary
Happy State Bank is headquartered in Happy and is the 19th largest bank in the state of Texas. It is also the 240th largest bank in the nation. It was established in 1908 and as of December of 2020, it had grown to 893 employees at 60 locations. Happy State Bank has an A health rating.
Health
A
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 10359 |
| Year Established | 1908 |
| Employees | 893 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.29% |
| Return on Equity - YTD | 9.11% |
| Annual Interest Income | $204.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $5.64B$3.82B |
| Loans | Q4 2020vs Q4 2019 | $3.48B$2.62B |
| Deposits | Q4 2020vs Q4 2019 | $4.77B$3.08B |
| Equity Capital | Q4 2020vs Q4 2019 | $760.1MM$593.1MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $54.9MM$34.2MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $52.5MM$41.9MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $1.1MM$1.5MM |
