Lovelady State Bank
910 South Commerce
P.O. Box 220
Lovelady, TX 75851
T: (866) 225-0949
P: (936) 636-7337
F: (936) 636-7111
Email the Bank
Lobby Hours
M-Th: 9 a.m. to 2 p.m.
F: 9 a.m. to 5:30 p.m.
Drive-Thru Hours
M-Th: 8 a.m. to 3 p.m.
F: 8 a.m. to 5:30 p.m.

About Us

Lovelady State Bank was founded in 1974 with local ownership and management and has been a cornerstone of this community's economic life since its inception.

We believe in Community First and we are a True Texas Community Bank. The primary mission of Lovelady State Bank is to provide Lovelady and the surrounding community with a sound, safe, locally owned financial institution that can meet the credit and financial service needs of the community and provide shareholders with a fair, equitable and consistent return on their investment.


Lovelady State Bank Directors & Officers

Name Title Email Address
John H. LaRue Chairman of the Board  
George Crowson Vice Chairman  
Michael R. Broxson CEO/Director  
Norma J. Lane President/Director Email
Lance LaRue IT Officer/Director Email
Sissy Hyde Vice President/Cashier Email
David Whittlesey Vice President Email
Janie Collier Loan Services Officer Email
Debbie Monk Loan Services Officer  

Statement of Condition

At the close of business June 30, 2016

Assets
Cash and Due from Banks $13,294,000.00
Investment Securities $8,548,000.00
Loans and Discounts $21,601,000.00
Federal Funds Sold $2,200,000.00
Banking, House, Furniture and Fixtures, Other Real Estate $178,000.00
Other Assets $1,207,000.00
Total Assets: $47,028,000.00
Liabilities
Deposits $42,619,000.00
Capital $220,000.00
Surplus $1,780,000.00
Undivided Profits and Reserves $2,330,000.00
Unrealized gain (loss) Securities -$49,000.00
Other Liabilities $30,000.00
Total Liabilities: $47,028,000.00

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