Overview / Commentary
Happy State Bank is headquartered in Happy and is the 19th largest bank in the state of Texas. It is also the 279th largest bank in the nation. It was established in 1908 and as of December of 2019, it had grown to 729 employees at 41 locations. Happy State Bank has an A health rating.
Health
A
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 10359 |
| Year Established | 1908 |
| Employees | 729 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.33% |
| Return on Equity - YTD | 8.78% |
| Annual Interest Income | $168.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $3.82B$3.44B |
| Loans | Q4 2019vs Q4 2018 | $2.62B$2.40B |
| Deposits | Q4 2019vs Q4 2018 | $3.08B$2.86B |
| Equity Capital | Q4 2019vs Q4 2018 | $593.1MM$506.1MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $34.2MM$33.0MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $41.9MM$20.2MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $1.5MM$2.7MM |
