Wellington State Bank
Major Rating Factors:
Excellent current capitalization (8.2 on a scale of 0 to 10) based on a risk-based capital ratio of 15.8 and a capital leverage ratio of 9.8. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.9 on a scale of 0 to 10).
Other Rating Factors:
Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (3.6) profitability. A current level of 31.8 percent of nonperforming loans to core capital combined with 15.1 percent from a year earlier contributes to the Fair asset quality (3.3).
Asset Mix:
Securities (29%), comm re (20%), cash (12%), home mtgs (6%), comm loans (4%), consumer loans (1%), other (27%)
States with Branches:
TX
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
WSB Bancshares, Inc.
Investment Rating
--
Address
1000 Eighth Street
Wellington, TX 79095
Wellington, TX 79095
Phone Number
(806) 447-2551
Year Founded
1906
FDIC Number
Website
Largest Affiliates
No affiliate information available.