# WELLINGTON STATE BANK
WELLINGTON, TX · FDIC certificate 1219 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (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 | $659.7M | |
| Deposits | $599.4M | |
| Loans and leases | $343.6M | |
| Total equity | $50.3M | |
| Loans / deposits | 56.48% (p10 of band) | 82.04% |
| Liquid assets / assets | 43.27% (p86 of band) | |
| Uninsured deposits / deposits | 30.87% (p69 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.55% (p24 of band) | 10.81% |
| Unrealized securities loss / equity | -31.25% (p12 of band) | -8.10% |
| AOCI / equity | -3.95% (p2 of band) | |
| ROA (annualized) | 1.28% (p50 of band) | 1.28% |
| Net interest margin | 3.81% (p44 of band) | 3.91% |
| Efficiency ratio | 64.18% (p59 of band) | |
| Noncurrent loans | 5.27% (p98 of band) | 0.43% |
| Net charge-offs (annualized) | 0.03% (p71 of band) | |
| Reserve coverage of noncurrent | 27.70% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 77.75% (p77 of band) | |
| Auto loans | $3.2M (0.94% of loans; DQ 0.56%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 9.7% | |
| Employees | 119 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## 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 | 1 |  |  |
| 2012-09 | 0 |  | capital falling |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | uninsured deposits leaving |  |
| 2015-03 | 3 | charge-offs p90, reserve under noncurrent |  |
| 2015-06 | 2 |  | charge-offs p90 |
| 2015-09 | 2 | deposits shrinking | reserve under noncurrent |
| 2015-12 | 0 |  | uninsured deposits leaving, deposits shrinking |
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | reserve under noncurrent |  |
| 2016-09 | 2 | noncurrent p90 |  |
| 2016-12 | 2 | charge-offs p90 | noncurrent p90 |
| 2017-03 | 0 |  | reserve under noncurrent, charge-offs p90 |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | deposits shrinking |  |
| 2018-06 | 2 | assets shrinking |  |
| 2018-09 | 0 |  | deposits shrinking, assets shrinking |
| 2018-12 | 0 |  |  |
| 2019-03 | 2 | capital falling, charge-offs p90 |  |
| 2019-06 | 0 |  | capital falling, charge-offs p90 |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 2 | capital falling, reserve under noncurrent |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 1 |  | capital falling |
| 2020-12 | 0 |  | reserve under noncurrent |
| 2021-03 | 2 | capital falling, expense ratio p90 |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | capital falling |
| 2021-12 | 0 |  | expense ratio p90 |
| 2022-03 | 3 | capital falling, AOCI drag >20% of equity, construction >100% equity |  |
| 2022-06 | 3 | securities losses >30% of equity | capital falling |
| 2022-09 | 3 |  |  |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | AOCI drag >20% of equity |
| 2023-06 | 7 | capital falling, noncurrent p90, charge-offs p90, reserve under noncurrent, deposits shrinking |  |
| 2023-09 | 6 |  | capital falling |
| 2023-12 | 5 |  | deposits shrinking |
| 2024-03 | 5 | capital falling | charge-offs p90 |
| 2024-06 | 4 |  | capital falling |
| 2024-09 | 4 |  |  |
| 2024-12 | 2 |  | noncurrent p90, reserve under noncurrent |
| 2025-03 | 4 | noncurrent p90, reserve under noncurrent |  |
| 2025-06 | 4 | charge-offs p90 | construction >100% equity |
| 2025-09 | 2 |  | securities losses >30% of equity, charge-offs p90 |
| 2025-12 | 3 | capital falling |  |
| 2026-03 | 3 |  |  |
| 2026-06 | 3 | securities losses >30% of equity | capital falling |

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

- 2026-07-23 [Local banker Quinn Alexander retires from Wellington State Bank - Plainview Herald](https://news.google.com/rss/articles/CBMipwFBVV95cUxNRlFKbF85RUFIcmVZYm5UWTdCdTVnN2Roa2hpZnpseXdBMHEwRzBybUZHMm0zallLQWlZMEVHaHJtNllsSVZ1TWEwUDFjazRXazRJLVI4SXVMYnZRX2tZT2JwY3h5d3hMUTB3Y1ROUG9WaDhRSDg1dUtUMFgyZ0J4ckpuN3AzZWVZWjFiaEd3T0lTZ252VHIwaXMwQkJSNDZ2d2NEbkhnUQ?oc=5) · Plainview Herald
- 2026-05-05 [Wellington State Bank announces promotion of Cody Stone to branch president. - Beneath the Surface News](https://news.google.com/rss/articles/CBMiugFBVV95cUxNMjlqWlo1WVpQLXgtUXpNcGp1X2R1U1NuLWNSdV84S2pNOXdhWXk3eWZIdTJTSFI0QTB4UG9NU1ZCMGpqb2NWR3BFeWZBczhOd1NGaklPUXdWV2FoVUk4UF8wQ29yMlpsS3ZEVTdmWXpMNGpFcklBUWUxaDdJeU5La3RoSXFIWDlEZVdKRmw4NjNJMUhOUC1VODlIYW5VcXduZm5RSzhtNWlwV3NHWG9idjVTcHB3VGQ5ZVE?oc=5) · Beneath the Surface News
- 2025-08-08 [Suspect apprehended in Wellington State Bank robbery attempt - Texomashomepage.com](https://news.google.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?oc=5) · Texomashomepage.com
- 2025-08-08 [Man attempts to rob Wellington State Bank in Bowie - Bowie News -](https://news.google.com/rss/articles/CBMikAFBVV95cUxQWklyNFdkM19OcmFOWll4cC00OE9uYzJydW9lUzlFWHh6dGptR1JhcnBXUjE5cTN4NHl1aW16eUZWZHNnRUs0SEhHYTdtVkQ5YmVXZ21sYThtaGwwdW1xQ0k2UnBUYXBySG9pSnM3b1M5cnUyQzVLWk13TFNTZnRwanlWYmZybWJEOERZN2hhVUg?oc=5) · Bowie News -
- 2021-07-23 [Dalhart, TX - The Dalhart Texan](https://news.google.com/rss/articles/CBMivwFBVV95cUxPVzk5YzRQVnhWUk1XaXo1UV9ZY2xSYXhRWFVlbVlsbUZBSjJST3d1UHZDeGlfWVJRd2V1dDBRdmk2NGtQZkdfX3dMSGJwcTdMWGZpWXdBUGlEeTN2MWdFZWlmbzUxOGxtLXhkVTJOUGVqb2VwdVpCWFJ0MFQ5eVJvb2UzTm14UktZVVpIclZqNHJDSFZBczB2TTRXdGVZY3pJSkFOWmoyRno0VjZpMDJOVW5kd1c2LTVBWE1VZFkwbw?oc=5) · The Dalhart Texan
- 2022-05-19 [‘Stephenville has always been home.’ Joe Thompson named senior VP of Wellington State Bank. - Beneath the Surface News](https://news.google.com/rss/articles/CBMiygFBVV95cUxNZ3ZkUllDME8xNVV0aWQxWElkcjk4bVJpR0lRakdNajZzejJzd0kycUtvZXo5bkMzLTJRdWRsc0FhX2RVOG1leHpzcjR1R2haaDY3VmQyOTdUeTVxdjR4cmtkLWw1QVdLZ1UyZ0Z5bEttREQzazFqbjVnTnJQMzU5MVEwRDBnVFhJUmRBejk5T2l4Zks2cnR6ck5FNzFwV0NqMGVOQmV4V0pXcXhXTnlId0hIU1FBTHlxbE5yVEVaUUVMTl9idV80dXpR?oc=5) · Beneath the Surface News
- 2026-01-14 [Ronnie Hanbury Obituary February 9, 2020 - Dalhart Funeral Home](https://news.google.com/rss/articles/CBMibEFVX3lxTE5OcnFmSk1WYkl1a2g3R2dxSDB4d0dDUlRKbWllb0Z6UktlNUN2WDdCWmxTV0Zic05oQUZZUFlQLTB0UHBMVWVBWVhZRWNpNjJJQ2ppLXAwVFpweTlQMGhJcGk3RllkSG5RV2RXbg?oc=5) · Dalhart Funeral Home
- 2023-05-11 [Historic Milestone: West Texas A&M reaches $125 million fundraising goal in just 18 months - abc7amarillo.com](https://news.google.com/rss/articles/CBMi3wFBVV95cUxQR01aLURMWjQ1U2ZnUHd5UFEyNW5lVV9qMVd4NEQ5Mmo1OFViV0RQbDA2a3lXT0tRT3UtZEpXdWpkWk5TbG1GUzVvbEhVcEdDUVd6ZnlUVzRNanh1TTlyM1pPWTZFejhjdUdnbmNlTUtoeW9jbERvVjJGMnRsOWdYU1h2ZkFIVVlBcVVNb04ydG1pMTFVS3I4cm9BYkVwQUtUS3RMT0VWWE94Tk56ZW9CTjNlei1VeURlLUx5em1PTE1sa2FDYjEtSGllU1dXWGRoeVBjeWozU1BBYVRNXzln?oc=5) · abc7amarillo.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=1219 (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/3.json (key "1219", 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.

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