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.
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
|John H. LaRue||Chairman of the Board|
|George Crowson||Vice Chairman|
|Michael R. Broxson||CEO/Director|
|Norma J. Lane||President/Director|
|Lance LaRue||IT Officer/Director|
|Sissy Hyde||Vice President/Cashier|
|David Whittlesey||Vice President|
|Janie Collier||Loan Services Officer|
|Debbie Monk||Loan Services Officer|
Statement of Condition
At the close of business June 30, 2016
|Cash and Due from Banks||$13,294,000.00|
|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|
|Undivided Profits and Reserves||$2,330,000.00|
|Unrealized gain (loss) Securities||-$49,000.00|