Western Bank
Lubbock, Texas, Lubbock County
$947M in total assets, the 1,118th largest of 4,309 US banks and 99th of 352 headquartered in Texas.
- FDIC certificate
- 1720
- Established
- 1909
- Owned by
- Circle I Bank Group Inc
- Primary regulator
- FDIC
- Website
- www.western.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 | $947M | 97% | $332M | |
| Loans | $773M | 98% | $188M | |
| Deposits | $797M | 95% | $286M | |
| Return on assets | 1.77% | 71% | 1.45% | |
| Net interest margin | 5.28% | 92% | 4.20% | |
| Efficiency ratio | 62.9% | 53% | 61.4% | |
| Equity to assets | 8.85% | 18% | 10.94% | |
| Loans to deposits | 97% | 94% | 72% |
Growth
Total assets grew 19.1% a year over the last 5 years and 16.6% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Sep 2019 | Gruver State Bank Gruver, TX | $72M |
| May 2009 | First Bank of West Texas Coahoma, TX | $130M |
| Feb 2005 | First National Bank Lubbock, TX | $31M |
Where they operate
9 branches in 7 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Lubbock County, TX | $270M | 2.1% | 14 of 28 |
| Howard County, TX | $185M | 12.8% | 4 of 7 |
| Randall County, TX | $136M | 3.8% | 6 of 14 |
| Hansford County, TX | $68M | 15.7% | 4 of 4 |
| Taylor County, TX | $62M | 1.2% | 10 of 15 |
| Brown County, TX | $40M | 5.0% | 5 of 6 |
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 3 branches since 2016 (6 to 9, +50.0%). 5 opened, 1 acquired, 3 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 6 | |||
| 2018 | Opened Lubbock | 1 | 0 | +1 | 7 |
| 2019 | Acquired Gruver State Bank | 1 | 0 | +1 | 8 |
| 2020 | Closed Coahoma | 0 | 1 | −1 | 7 |
| 2021 | Opened Amarillo | 1 | 0 | +1 | 8 |
| 2022 | Opened Amarillo and PlainviewClosed Amarillo | 2 | 1 | +1 | 9 |
| 2023 | Opened Lubbock | 1 | 0 | +1 | 10 |
| 2025 | Sold 1 branch to Lone Oak Bank, National Association | 0 | 1 | −1 | 9 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 26% | 28% | |
| Business (C&I) | 23% | 14% | |
| 1-4 family residential | 17% | 27% | |
| Construction and land | 12% | 11% | |
| Farmland | 7% | 7% | |
| Agricultural | 6% | 5% | |
| Multifamily | 3% | 2% | |
| Consumer | 0% | 5% | |
| Other | 5% | 1% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 47% | 41% | |
| Time deposits | 31% | 29% | |
| Noninterest-bearing | 22% | 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 | 0.31% | 0.31% |
| Net charge-offs, annualized | 0.00% | 0.01% |
| Reserves to loans | 1.21% | 1.23% |
| Leverage ratio | 9.77% | 11.63% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Texas
Largest competitors in Lubbock 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/western-bank-lubbock-tx