Overview / Commentary
Wellington State Bank is headquartered in Wellington and is the 143rd largest bank in the state of Texas. It is also the 1,606th largest bank in the nation. It was established in 1906 and as of December of 2019, it had grown to 136 employees at 14 locations. Wellington State Bank has an A+ health rating.
Health
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1219 |
| Year Established | 1906 |
| Employees | 136 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.96% |
| Return on Equity - YTD | 8.04% |
| Annual Interest Income | $17.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $447.9MM$397.7MM |
| Loans | Q4 2019vs Q4 2018 | $273.2MM$227.4MM |
| Deposits | Q4 2019vs Q4 2018 | $390.8MM$346.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $51.1MM$46.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $2.8MM$2.8MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $766.00K$1.4MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |
