Wellington State Bank
Wellington, Texas, Collingsworth County
$660M in total assets, the 1,464th largest of 4,309 US banks and 131st of 352 headquartered in Texas.
- FDIC certificate
- 1219
- Established
- 1906
- Owned by
- Wsb Bancshares Inc
- Primary regulator
- FED
- Website
- wellingtonsb.bank
At a glance
Compared with 218 banks headquartered in Texas with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $660M | 82% | $332M | |
| Loans | $344M | 73% | $188M | |
| Deposits | $599M | 84% | $286M | |
| Return on assets | 1.05% | 28% | 1.47% | |
| Net interest margin | 3.81% | 32% | 4.20% | |
| Efficiency ratio | 64.2% | 59% | 61.4% | |
| Equity to assets | 7.62% | 8% | 10.94% | |
| Loans to deposits | 57% | 26% | 73% |
Growth
Total assets grew 5.6% a year over the last 5 years and 6.8% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Nov 2019 | The First National Bank of Paducah Paducah, TX | $44M |
| Oct 2016 | First National Bank in Dalhart Dalhart, TX | $70M |
| Feb 2016 | Security State Bank Littlefield, TX | $126M |
| Jul 1994 | First National Bank in Wheeler Wheeler, TX | $34M |
Where they operate
14 branches in 13 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Wheeler County, TX | $113M | 49.4% | 1 of 3 |
| Collingsworth County, TX | $105M | 76.4% | 1 of 2 |
| Dallam County, TX | $80M | 43.7% | 1 of 3 |
| Lamb County, TX | $64M | 15.8% | 2 of 7 |
| Lubbock County, TX | $48M | 0.4% | 23 of 28 |
| Cottle County, TX | $45M | 80.4% | 1 of 2 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 8 branches since 2016 (6 to 14, +133.3%). 2 opened, 6 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 6 | |||
| 2016 | Acquired First National Bank in Dalhart and Security State Bank | 4 | 0 | +4 | 10 |
| 2019 | Acquired The First National Bank of PaducahOpened Canyon and Granbury | 4 | 0 | +4 | 14 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 38% | 28% | |
| Agricultural | 15% | 5% | |
| 1-4 family residential | 12% | 27% | |
| Construction and land | 11% | 11% | |
| Farmland | 10% | 7% | |
| Business (C&I) | 7% | 14% | |
| Multifamily | 5% | 2% | |
| Consumer | 2% | 5% | |
| Other | 0% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 45% | 41% | |
| Time deposits | 28% | 29% | |
| Noninterest-bearing | 27% | 30% |
Brokered deposits are 0.0% of deposits (peers 1.9%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 5.27% | 0.30% |
| Net charge-offs, annualized | 0.06% | 0.01% |
| Reserves to loans | 1.46% | 1.23% |
| Leverage ratio | 9.55% | 11.63% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Texas
Largest competitors in Wheeler County, TX
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/wellington-state-bank-wellington-tx