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.
|George Crowson||Chairman of the Board|
|Michael R. Broxson||Vice Chairman/CEO|
|John H. LaRue||Director|
|Norma J. Lane||President/Directorfirstname.lastname@example.org|
|Lance LaRue||IT Officer/Directoremail@example.com|
|Sissy Hyde||Vice President/Cashierfirstname.lastname@example.org|
|David Whittlesey||Vice Presidentemail@example.com|
|Debbie Monk||Loan Services Officerfirstname.lastname@example.org|
At the close of business September 30, 2020
|Cash and Due from Banks||$14,953,000.00|
|Loans and Discounts||$22,028,000.00|
|Federal Funds Sold||$2,700,000.00|
|Banking, House, Furniture and Fixtures, Other Real Estate||$450,000.00|
|Undivided Profits and Reserves||$3,212,000.00|
|Unrealized gain (loss) Securities||-$194,000.00|
Lovelady State Bank
910 South Commerce
P.O. Box 220
Lovelady, TX 75851
P: (936) 636-7337
F: (936) 636-7111
Email the Bank
M-Th: 9 a.m. to 2 p.m.
F: 9 a.m. to 5:30 p.m.
M-Th: 8 a.m. to 3 p.m.
F: 8 a.m. to 5:30 p.m.