Pilgrim Bank
BankRegReports is independent of Pilgrim Bank and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
Pilgrim Bank is an FDIC-insured commercial bank headquartered in Pittsburg, TX, established in 1911 (FDIC certificate 16891), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $714.6M, down 0.8% from Q2 2025, the 122nd largest of 346 banks headquartered in Texas. Its CET1 capital ratio was 14.44% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 16891
- Headquarters
- Pittsburg, TX
- Established
- 1911
- Total assets, Q2 2026
- $714.6M
- Assets vs Q2 2025
- -0.8%
- CET1 ratio, Q2 2026
- 14.44%
- Domestic offices
- 14 FDIC institution directory, current count
- Routing number
- 111913688
- Holding company
- PILGRIM BANCORPORATION
- Asset rank in state
- 122nd of 346 in Texas
Pilgrim Bank, based in Pittsburg, Texas, reported $715 million in assets at June 30, 2026. It keeps 2.92 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 of the 2,660 banks with $100 million to $1 billion in assets (median 3.95 cents). It also shrank its loan book 4.7% over the year, lower than about 9 in 10 banks its size (median 5.5%).
Net income for the quarter slipped 29% from a year earlier, to $909,000. Profitability lags: it earns about $0.50 a year on every $100 of assets, about a third the median of $1.28 for banks its size.
As of June 30, 2026, Pilgrim Bank reported a CET1 capital ratio of 14.44%, a return on assets of 0.50%, a nonperforming-loan ratio of 0.15% and a Texas ratio of 1.11%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Pilgrim Bank is the 122nd largest of the 346 banks headquartered in Texas. Between Q1 2026 and Q2 2026, its total assets fell 1.3% to $714.6M, loans fell 2.0% and deposits fell 2.4%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 31.7% of total loans, ahead of non-owner-occupied commercial real estate loans at 24.4%. The FDIC Summary of Deposits lists 14 offices for it, in 13 cities in TX; its Mount Pleasant 2 offices book 36% of its branch deposits. By the capital ratios in its Q2 2026 call report, Pilgrim Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 145 E Marshall St, Pittsburg, TX 75686
- County
- Camp
- Metro Area
- Mount Pleasant, TX
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- No
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1911
- Former names
- First State Bank (1971-1997)
- Domestic offices
- 14 FDIC institution directory, current count
- Employees (FTE)
- 98
- Domestic deposits
- $578.4M
- Allowance for credit losses
- $4.6M
- Net charge-offs (YTD)
- $10K
- Average total assets
- $724.2M
- Average total loans
- $466.4M
- Average interest-bearing deposits
- $394.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- February 24, 1950
- FDIC Cert
- 16891
- Fed RSSD
- 911160
- Website
- www.pilgrimbank.bank →
- Parent Holding Company
- PILGRIM BANCORPORATION (RSSD 2098412)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Pilgrim Bank's total assets ran between $674.8M (Q3 2023) and $723.6M (Q1 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$714.6M total assets against $720.6M; $648.1M total liabilities against $655.8M.
$460.8M net loans and leases against $484.5M; $578.4M total deposits against $599.2M.
$193.4M securities against $166.6M; $11.4M cash and balances due against $22.1M.
$8.3M total interest income against $8.3M; $3.4M total interest expense against $3.9M.
$4.9M net interest income against $4.4M.
$625K total noninterest income against $600K; $4.1M total noninterest expense against $3.7M.
$510K provision for credit losses against $28K.
$909K net income against $1.3M.
0.50% return on assets against 0.69%; 2.92% net interest margin against 2.56%.
14.44% CET1 capital ratio against 13.98%; 10.21% tier 1 leverage ratio against 10.02%.
Inside the full Pilgrim Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freePilgrim Bank rankings
Its closest position to the top of a national ranking is 1,351 of 4,196, for total assets; its furthest is 3,242 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.50% (Q2 2026) to 0.79% (Q4 2025) and its net interest margin ran from 2.51% (Q4 2024) to 2.92% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.44% | 0.50% | 0.15% | 1.11% | 2.92% |
| Q1 2026 | 14.17% | 0.64% | 0.35% | 2.66% | 2.78% |
| Q4 2025 | 14.09% | 0.79% | 0.41% | 3.16% | 2.77% |
| Q3 2025 | 14.15% | 0.74% | 0.00% | 0.00% | 2.70% |
| Q2 2025 | 13.98% | 0.69% | 0.00% | 0.00% | 2.56% |
| Q1 2025 | 13.69% | 0.66% | 0.00% | 0.00% | 2.52% |
| Q4 2024 | 13.97% | 0.51% | 0.01% | 0.07% | 2.51% |
| Q3 2024 | 14.48% | 0.63% | 0.03% | 0.23% | 2.57% |
Swipe the table sideways to see every column.
Branch Network
View all 14 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Mt Pleasant Branch South | Mount Pleasant , TX | 75455 | $196.1M |
| Pilgrim Bank (main office) | Pittsburg , TX | 75686 | $114.0M |
| Jacksboro Highway Branch | Wichita Falls , TX | 76302 | $37.6M |
| Decatur Branch | Decatur , TX | 76234 | $33.5M |
| Wellington Branch | Wellington , TX | 79095 | $32.6M |
| Iowa Park Branch | Iowa Park , TX | 76367 | $31.5M |
| Windthorst Branch | Windthorst , TX | 76389 | $28.2M |
| Clarendon Branch | Clarendon , TX | 79226 | $27.2M |
| Holliday Branch | Holliday , TX | 76366 | $20.4M |
| Sulphur Springs Branch | Sulphur Springs , TX | 75482 | $17.8M |
| Electra Branch | Electra , TX | 76360 | $17.1M |
| Vernon Branch | Vernon , TX | 76384 | $9.6M |
| Mt. Pleasant Branch North | Mount Pleasant , TX | 75455 | $9.5M |
| Tyler Branch | Tyler , TX | 75703 | $3.3M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 8, 2015 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 8, 2015 | Structure Change | Acquired State National Bank of Texas Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 16, 2009 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 16, 2009 | Structure Change | Acquired Pilgrim Bank Texas Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 4 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in TX, rank 171 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 90 applications, 71 loans originated, $30.6M originated, across 4 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 3 loans, $478K approved, $160K average. 33.33% of that year's loans have since been charged off
- Period: Federal fiscal year 2006 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
Add this badge to your website
Free to use. It shows Pilgrim Bank’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about Pilgrim Bank
What are Pilgrim Bank's total assets?
As of the Q2 2026 filing, Pilgrim Bank reported total assets of $714.6 million in its FFIEC call report.
Where is Pilgrim Bank headquartered?
It is headquartered in Pittsburg, TX, United States.
When was Pilgrim Bank founded?
It was established in 1911, per the FDIC institution directory.
Is Pilgrim Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #16891). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Pilgrim Bank?
Pilgrim Bank's primary federal regulator is the FDIC.
What is Pilgrim Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.44% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Pilgrim Bank operate?
It operates 14 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Pilgrim Bank's Texas Ratio?
Its Texas Ratio is 1.11% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Pilgrim Bank previously called?
The charter now named Pilgrim Bank has also operated as First State Bank (1971-1997), per FDIC structure-change records.
Go deeper on Pilgrim Bank.
Get an email when Pilgrim Bank files its next call report, and benchmark it against any peer you choose.
Unlock Pilgrim Bank, freeFree account