# HAPPY STATE BANK
HAPPY, TX · FDIC certificate 10359 · asset band $1-10B · latest filing 2022-03 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $6.75B | |
| Deposits | $6.07B | |
| Loans and leases | $3.66B | |
| Total equity | $568.0M | |
| Loans / deposits | 59.60% (p23 of band) | 72.64% |
| Liquid assets / assets | 39.04% (p69 of band) | |
| Uninsured deposits / deposits | 51.13% (p83 of band) | 32.22% |
| Brokered deposits | 7.25% | |
| Wholesale funding | 8.35% (p81 of band) | |
| FHLB advances / assets | 1.10% | |
| Tier 1 leverage | 8.07% (p13 of band) | 9.47% |
| Unrealized securities loss / equity | -22.92% (p21 of band) | -11.11% |
| AOCI / equity | -20.18% (p11 of band) | |
| ROA (annualized) | 1.14% (p61 of band) | 1.02% |
| Net interest margin | 3.70% (p87 of band) | 3.08% |
| Efficiency ratio | 62.17% (p50 of band) | |
| Noncurrent loans | 0.68% (p74 of band) | 0.31% |
| Net charge-offs (annualized) | 0.00% (p26 of band) | |
| Reserve coverage of noncurrent | 169.62% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 99.41% (p87 of band) | |
| Auto loans | $14.9M (0.41% of loans; DQ 0.21%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p37 of band) | |
| Deposits YoY | 11.0% | |
| Employees | 829 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **AOCI drag >20% of equity** (`cap_aoci`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | brokered >10% |  |
| 2014-03 | 2 | capital falling |  |
| 2014-06 | 0 |  | brokered >10%, capital falling |
| 2014-09 | 1 | wholesale funding >15% |  |
| 2014-12 | 2 | brokered >10% |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 2 |  |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 3 | capital falling |  |
| 2016-06 | 2 |  | capital falling |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | charge-offs p90 |  |
| 2017-09 | 2 |  | charge-offs p90 |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | wholesale funding >15% |
| 2019-03 | 2 | charge-offs p90 |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | noncurrent p90, reserve under noncurrent | charge-offs p90 |
| 2020-03 | 3 |  |  |
| 2020-06 | 5 | wholesale funding >15%, capital falling |  |
| 2020-09 | 2 |  | brokered >10%, noncurrent p90, wholesale funding >15% |
| 2020-12 | 0 |  | reserve under noncurrent, capital falling |
| 2021-03 | 2 | uninsured deposits >50%, charge-offs p90 |  |
| 2021-06 | 1 | capital falling | uninsured deposits >50%, charge-offs p90 |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 1 | uninsured deposits >50% |  |
| 2022-03 | 2 | AOCI drag >20% of equity |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-08 [Who should be the Happy State Bank High School Athlete of the Week? - Amarillo Globe-News](https://news.google.com/rss/articles/CBMi_gFBVV95cUxOWmJCV29SQ0NkSGRyWkNiYTVSWktNd2NQaDI1djIyN2N1UTlLeGZkeW9aZXpZVUJfNGFjTGQ2dFFvVTVDdUFyaHBmLV91bnY4WkpuRXBXck1MdkRQRUk5cWxzdkM2Smd2QXVBWU1HRkEyWXJCNGkzOE1rSFlVd21nMU1IRUlvWkdpTF9IU3luX2hrTFlPWl9XZF9JRWhVU3BzdGZmeTZGMTdDZE0wTTFZX25Rd2lLR2tZT0tOVk80Y1EyUkNxYnBUMHNxcDFDdl9hbGFnWkI5UDNfV1NzREI4NVNiNVl3WmhTRFVlY0FfbDZRSF9jM1phd0RaMlAwdw?oc=5) · Amarillo Globe-News
- 2026-09-03 [TCFA Beef Showcase set for Sept. 17 at WTAMU - KFDA | NewsChannel 10 | Amarillo Texas](https://news.google.com/rss/articles/CBMihAFBVV95cUxOQ3d1UXFSenBDdUFLYWo3WGkwaXBIWU5qWUt5YlM2Nkc3VWJkMm9lM0JwM0tQTDBxSlE3Z2xiYjlmX0ZKeXNoUVV2MW41cmFaVEpwdmNLV0hGQUVCckRQSTZVZkFLaFpkWGpNRDV3OTBEbkYyalAtN0ZhYmlMYllUMnpnYUrSAZgBQVVfeXFMUHZCVU5JM24xYURQYUpGYVpKeGx6MDZZbHVQazBrcEZ6bEhLa1I5VVlTWGtSSWExdFBOWjhUM1pTQUxBUkxudlB2SFM0QmljWm04cHllZ2VERXNBb0pfNWMxbmI1SzcxQ0VDWXRxQm9qSzRrRk1pUmFxbGRjWHNaRFBsdno1T1c0WmZDMmlXZVMxd1RZTnlPMkc?oc=5) · KFDA | NewsChannel 10 | Amarillo Texas
- 2026-07-31 [Happy State Bank Number of Employees 2026 | Employee Count & Headcount Data - reveliolabs.com](https://news.google.com/rss/articles/CBMickFVX3lxTE9ZbXM5amV1OEYzTWpycDVuLXNDdlZkS0VSRHRpTzUxLWx6OC04RVpWMzl5dnNLSEZvSE1waGV2aDduS1NER2p3SXBMYkpJT1prQkdNNmdGb0s3Y1NObVg1VXd1MF96ZU50bFV6MnNyZXZ5dw?oc=5) · reveliolabs.com
- 2025-10-10 [Settlement reached after claims, counterclaims of stealing trade secrets following Happy State Bank-Centennial merger - lubbocklights.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxPQTlaa2cyOTN1NlIwbFVfbnNvSXZWU2pWMV9fN1FhMFdGWUxHWHM5ODV2ekxGcjRPRERGMWF4eEhKZFJyYjZVaUtVdm9vTWxrVzJtUkl0MElpbmZUVkZOZGFpclFvdTJ1NXRRZnJ3RTVlRkhsMGYyUWNfYmVWRG9rMzYyX3Qwa3dOc1NqeHY5c2JJSi0zaTNGZlZqSDBXSFB2QXVrNW1Ra3pGQkZTZklBd1hJMklwakhwX05JZHNIdTU2RG9CeHBwSUt6d3Q0WksxMDRSdE9Pdi1pdWs?oc=5) · lubbocklights.com
- 2026-05-28 [Second Lubbock man pleads guilty to federal bank robbery charge - KLBK | KAMC | EverythingLubbock.com](https://news.google.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?oc=5) · KLBK | KAMC | EverythingLubbock.com
- 2026-06-22 [Vote for the Globe-News Athlete of the Year, presented by Happy State Bank - Amarillo Globe-News](https://news.google.com/rss/articles/CBMi2AFBVV95cUxQWXJDVnZUSzlxQVVxdC03Y1d3OUNYZUFuQ3VHZ1ZoQzFJSjZOWUx0NFBhS1pyeEV4YnZNdjFEaHVZYXlFV2hNODEwX0pwU1htTU5LMWNHRkpuSloyOW1aUFpuVmU0a0RmUU1mWVgzbXh0YWZxQkt4eTRQNnoyOTNvbGRwcC1XQVhMb1AxcjFlRGNyQks3SnZCcnVISGhHV2ptVjc1UEFHUHpvYU9FckNPdjZzTXJJbEd2TnJBY2hlMjlDbXZJeTFpYTZHamNSMEJWUnR5ZTlRNXQ?oc=5) · Amarillo Globe-News
- 2026-07-20 [Vote for the 2025-26 Happy State Bank High School Team of the Year - Amarillo Globe-News](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNY2R0MGFkam55aG9weS1fT1p6bHVrYmlubFY3RzZpN1VsWFBIemJEb094WU5HTTFUa1dzMTZid0c1ZW9wSjRHRWxZSFA1b0FwYzdtSXVhQS05OGcwWDVaUlBlUjJpNTZVMWdiclNaTTFoc2tGdVI3c3dpdHpxejVrV1dyTnYyRHZOUEJwd2FJSThLOVIzUUphVktWSnQ2bndpWlEtdV9IY1BhamlNWU1hZWxWdlJSd1JGVDJnbUJSXzZUaEdQeWZSWGhnWDhRVEJJa3NkblpyWQ?oc=5) · Amarillo Globe-News
- 2026-05-26 [Vote for the Happy State Bank High School Athlete of the Week - Amarillo Globe-News](https://news.google.com/rss/articles/CBMi0AFBVV95cUxNUHZLUWZIUGRpaXBmXzhYVUhsYnlkSmJicDNPSnF4YjVCUEVxQTd5eHFJcTRNMUVqVUVkeEw5cTRFN0hKUURtTGh1QXFIcnM4MDJudjVxMk1NOXhPUVRROW9hM0pBWFlTYVgxMjFHMzB2RThNbXJTOGFoTy1nWi1xNFhtUVFJTUZHZ3lCMDlOYUNpQVJQYWRDR1c1a3pGYlcza1JoVUhhakJ2V2p2SWNjbnZCNUR2T1JEdTlYbHZVandreG04N1AxQ0lWNXdVZklT?oc=5) · Amarillo Globe-News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=10359 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/55.json (key "10359", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide