Wellington State Bank
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Data as of · sourced from FFIEC call reports. How we update
Wellington State Bank is an FDIC-insured commercial bank headquartered in Wellington, TX, established in 1906 (FDIC certificate 1219), and it is supervised by the Federal Reserve. At Q2 2026 it reported total assets of $659.7M, up 10.3% from Q2 2025, the 130th largest of 346 banks headquartered in Texas. Its CET1 capital ratio was 16.54% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 1219
- Headquarters
- Wellington, TX
- Established
- 1906
- Total assets, Q2 2026
- $659.7M
- Assets vs Q2 2025
- +10.3%
- CET1 ratio, Q2 2026
- 16.54%
- Domestic offices
- 14 FDIC institution directory, current count
- Routing number
- 111308552
- Latest call report
- Q2 2026, FFIEC 051 · Wellington State Bank call report
- Holding company
- WSB BANCSHARES, INC.
- Asset rank in state
- 130th of 346 in Texas
Wellington State Bank, based in Wellington, Texas, reported $660 million in assets at June 30, 2026, up 10.3% from a year earlier. It carries problem assets equal to 35.4% of the capital and reserves that would absorb them, 13.4 times the median of 2.6% for the 2,660 banks with $100 million to $1 billion in assets. It also shrank its loan book 1.9% over the year, lower than about three-quarters of banks its size (median 5.5%).
Earnings jumped: net income for the quarter was $2.2 million, 52% above the same quarter a year earlier. Over the same year, loans shrank 1.9% and deposits grew 9.7%. Concentration is the risk to watch: it holds commercial real estate loans worth 2.3 times its capital, about double the median of 1.2 times for banks its size.
As of June 30, 2026, Wellington State Bank reported a CET1 capital ratio of 16.54%, a return on assets of 1.33%, a nonperforming-loan ratio of 5.27% and a Texas ratio of 35.39%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Wellington State Bank is the 130th largest of the 346 banks headquartered in Texas. From Q1 2026 to Q2 2026, its total assets rose 1.5% to $659.7M, loans rose 0.6% and deposits rose 1.5%. Its loan book on June 30, 2026 was led by non-owner-occupied commercial real estate loans, at 28.1% of total loans, followed by agricultural production loans at 15.5%. The FDIC Summary of Deposits lists 14 offices for it, in 14 cities in TX; its Wheeler office books 19% of its branch deposits. On its Q2 2026 call report, Wellington State Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 1000 8th St, Wellington, TX 79095
- County
- Collingsworth
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 11, Dallas
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1906
- Domestic offices
- 14 FDIC institution directory, current count
- Employees (FTE)
- 119
- Domestic deposits
- $599.4M
- Allowance for credit losses
- $5.0M
- Net charge-offs (YTD)
- $102K
- Average total assets
- $668.2M
- Average total loans
- $342.8M
- Average interest-bearing deposits
- $435.4M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1219
- Fed RSSD
- 371362
- SEC CIK
- 1477149 → filed by WSB BANCSHARES, INC.
- Website
- wellingtonsb.bank →
- Parent Holding Company
- WSB BANCSHARES, INC. (RSSD 2007218)
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
From Q3 2023 to Q2 2026, Wellington State Bank's total assets ranged from $561.5M (Q3 2023) to $659.7M (Q2 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
$659.7M total assets against $598.4M; $609.5M total liabilities against $556.3M.
$338.5M net loans and leases against $345.5M; $599.4M total deposits against $546.3M.
$206.2M securities against $171.8M; $79.2M cash and balances due against $45.1M.
$8.7M total interest income against $7.9M; $2.6M total interest expense against $2.8M.
$6.0M net interest income against $5.1M.
$661K total noninterest income against $608K; $4.3M total noninterest expense against $4.2M.
$198K provision for credit losses against $112K.
$2.2M net income against $1.5M.
1.33% return on assets against 0.96%; 4.03% net interest margin against 3.85%.
16.54% CET1 capital ratio against 14.98%; 9.55% tier 1 leverage ratio against 9.80%.
Inside the full Wellington State Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Wellington State Bank rankings
Its closest position to the top of a national ranking is 42 of 3,640, for Texas Ratio; its furthest is 2,159 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.66% (Q3 2025) to 1.33% (Q2 2026) and its net interest margin ran from 3.39% (Q3 2025) to 4.03% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 16.54% | 1.33% | 5.27% | 35.39% | 4.03% |
| Q1 2026 | 15.91% | 1.19% | 6.57% | 42.62% | 3.70% |
| Q4 2025 | 15.55% | 0.90% | 7.17% | 47.38% | 3.46% |
| Q3 2025 | 14.61% | 0.66% | 6.07% | 40.52% | 3.39% |
| Q2 2025 | 14.98% | 0.96% | 4.97% | 39.35% | 3.85% |
| Q1 2025 | 14.74% | 0.91% | 4.73% | 36.97% | 3.54% |
| Q4 2024 | 14.04% | 1.22% | 0.46% | 4.05% | 3.84% |
| Q3 2024 | 13.84% | 0.72% | 2.05% | 15.87% | 3.61% |
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 |
|---|---|---|---|
| Wheeler Branch | Wheeler , TX | 79096 | $113.3M |
| Wellington State Bank (main office) | Wellington , TX | 79095 | $105.5M |
| First National Bank in Dalhart Branch | Dalhart , TX | 79022 | $80.0M |
| Lubbock Branch | Lubbock , TX | 79424 | $47.9M |
| Security State Bank Branch | Littlefield , TX | 79339 | $46.9M |
| The First National Bank of Paducah Branch | Paducah , TX | 79248 | $44.7M |
| Childress Branch | Childress , TX | 79201 | $36.9M |
| Canadian Branch | Canadian , TX | 79014 | $20.5M |
| Memphis Branch | Memphis , TX | 79245 | $20.5M |
| First National Bank of Paducah Branch | Stephenville , TX | 76401 | $19.3M |
| Bowie Branch | Bowie , TX | 76230 | $18.0M |
| Canyon Branch | Canyon , TX | 79015 | $17.4M |
| Olton Branch | Olton , TX | 79064 | $17.2M |
| Granbury Branch | Granbury , TX | 76048 | $11.6M |
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 |
|---|---|---|---|
| November 12, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 12, 2019 | Structure Change | Acquired The First National Bank of Paducah Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 29, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 29, 2016 | Structure Change | Acquired First National Bank in Dalhart Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| February 20, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| February 20, 2016 | Structure Change | Acquired Security State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| July 30, 1994 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| July 30, 1994 | Structure Change | Acquired First National Bank in Wheeler 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 8 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 2 against the institution (Federal Reserve)
- September 25, 2009, Federal Reserve: Civil Money Penalty, $3,465: Wellington State Bank, Wellington, Texas
- May 12, 1999, Federal Reserve: Written Agreement: Wellington State Bank, Wellington, TX
- Period: Most recent institution action September 25, 2009. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in TX, rank 166 of 441 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 58 applications, 47 loans originated, $21.8M originated, across 2 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $770K approved, $770K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2010 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Wellington State Bank
What are Wellington State Bank's total assets?
As of the Q2 2026 filing, Wellington State Bank reported total assets of $659.7 million in its FFIEC call report.
Where is Wellington State Bank headquartered?
It is headquartered in Wellington, TX, United States.
When was Wellington State Bank founded?
It was established in 1906, per the FDIC institution directory.
Is Wellington State Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #1219). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Wellington State Bank?
Wellington State Bank's primary federal regulator is the Federal Reserve.
What is Wellington State Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 16.54% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Wellington State 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 Wellington State Bank's Texas Ratio?
Its Texas Ratio is 35.39% 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.
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