Wellington State Bank
Wellington, Texas · FDIC Cert #1219
Wellington State Bank is an FDIC-insured bank (Certificate #1219) with $570M in total assets and $518M in total deposits as of the Q2 2024 Call Report. Headquartered in Wellington, Texas, the bank maintains a Tier 1 capital ratio of 12.63% (Well-Capitalized) and a nonperforming loan ratio of 3.58%. BankHealthData assigns a composite Health Grade of B (66/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Wellington State Bank (FDIC cert 1219) is a community bank — $570M in total assets, $518M in deposits, serving the Wellington, Texas area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 12.63% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is elevated: non-performing loan ratio of 3.58% runs above 2%, suggesting the loan book carries more credit risk than peer banks. Elevated NPL can reflect specific portfolio concentrations or broader credit-cycle pressure. Liquidity is comfortable: 32.0% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.46% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Wellington State Bank carries a composite BankHealth grade of B (66/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Wellington State Bank
- Total Assets
- $570M
- Total Deposits
- $518M
- Tier 1 Capital Ratio
- 12.63%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 3.58%
- Liquidity Ratio
- 32.00%
- Return on Assets
- 0.46%
- Headquarters
- Wellington, Texas
- FDIC Certificate
- #1219
- Health Grade
- B (66/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Wellington State Bank holds a Tier 1 capital ratio of 12.63%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Wellington State Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Wellington State Bank shows strong financial health indicators. With $570M in assets and a Health Score of 66/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Wellington State Bank Compares
Wellington State Bank’s Health Score of 66 is 8 points below the Texas state average of 74 across 321 FDIC-insured banks. Its 12.63% Tier 1 capital ratio is 1.4 points below the US banking industry average near 14%. The 3.58% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.46% is below the national ROA benchmark of ~1.1%. Among 1404 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, Wellington State Bank is 4 points below the portfolio average of 70.
Frequently Asked Questions
Wellington State Bank has a Bank Health Score of B (66/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 12.63%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Wellington State Bank's Tier 1 capital ratio of 12.63% and nonperforming loan ratio of 3.58% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Wellington State Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #1219). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Wellington State Bank holds $570M in total assets and $518M in total deposits. It is headquartered in Wellington, Texas (FDIC Certificate #1219).
Wellington State Bank has a Tier 1 capital ratio of 12.63%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 3.58%, and the return on assets is 0.46%.
Yes. Wellington State Bank is FDIC-insured (Certificate #1219). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Wellington State Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.