Herring Bank
Amarillo, TX — Non-member Bank
Active
Vitals
-
Total Assets419.1M 0.8 %
-
Total Deposits366.5M 1.0 %
-
Total Net Loans314.3M 11.6 %
-
Net Income9.8M 192.4 %
-
Book Value44.6M -12.3 %
-
Book Value x289.1M -12.3 %
-
Book Value x3133.7M -12.3 %
Balance Sheet Highlights
Financial Highlights | Herring Bank | All Insured Commercial Banks in Texas |
Balance Sheet $(000) | ||
Total Assets | 419,146 | 358,087 |
Total Net Loans | 314,320 | 213,533 |
Total Deposits | 366,488 | 308,027 |
Total Equity | 44,554 | 38,740 |
Profitability | ||
Net Income | 9,798 | 3,845 |
Return on Average Assets | 2.383 | 1.025 |
Return on Average Equity | 19.511 | 9.415 |
Net Interest Margin | 4.46 | 3.773 |
Efficiency Ratio | 84.55 | 66.762 |
Noninterest Income/Revenue | 28.787 | 16.375 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 85.765 | 65.494 |
Securities/Assets | .105 | .214 |
Total Equity/Total Assets | .106 | .108 |
Tangible Equity/Tangible Assets | .106 | .104 |
Capital Adequacy | ||
Tier 1 Common Capital | 47,876 | 37,278 |
Tier 1 Capital | 47,876 | 37,303 |
Tier 2 Capital | 3,551 | 2,526 |
Total Capital | 51,427 | 39,866 |
Total Risk Weighted Assets | 330,488 | 237,367 |
Leverage Ratio | 11.72 | 10.563 |
Common Equity Tier 1 Capital Ratio | 14.49 | 18.073 |
Tier 1 Capital Ratio | 14.49 | 18.097 |
Total Capital Ratio | 15.56 | 19.169 |
Timeline for Herring Bank
First State Bank Of Altus
Acquisition: Herring Bank acquired a new subsidiary, First State Bank Of Altus, 14 years
View Profile Aug 01 2009Herring National Company Seymour
Herring National Company Seymour became a new subsidiary organization for Herring Bank.
View Profile May 21 2009Herring National Company Azle
Herring National Company Azle became a new subsidiary organization for Herring Bank.
View Profile May 21 2009Herring National Company Wichita Falls
Herring National Company Wichita Falls became a new subsidiary organization for Herring Bank.
View Profile May 21 2009Herring National Company Ii
Herring National Company Ii became a new subsidiary organization for Herring Bank.
View Profile May 21 2009Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First State Bank Of Altus | Seller | 90,867 | Failure | 8/1/2009 | |
Colorado National Bank | Seller | 123,508 | Failure | 3/21/2009 | |
Bfnb Trust Company, National Association | Seller | Acquisition | Discontinued | 1/1/1998 | |
First Bank & Trust Of Clarendon | Seller | 31,895 | Pooling of Interests | Discontinued | 10/1/1997 |
Relationships | Role | Relationship Start | Relationship End |
Herring Bancorp, Inc. | Parent | 1/1/2008 | |
Herring Bancshares, Inc. | Parent | 2/25/1994 | 12/31/2007 |
Herring Bancorp, Inc. | Parent | 6/4/1984 | 2/24/1994 |
Herring National Company | Subsidary | 6/30/2007 | |
Livestock Enterprises, Llc | Subsidary | 12/1/2006 | |
Herring National Company Seymour | Subsidary | 5/21/2009 | |
Herring National Company Azle | Subsidary | 5/21/2009 | |
Herring National Company Wichita Falls | Subsidary | 5/21/2009 | |
Herring National Company Ii | Subsidary | 5/21/2009 | 8/4/2016 |
Herring Financial Services Inc | Subsidary | 10/6/1998 | 8/31/2007 |
Herring National Company | Subsidary | 12/31/1984 | 6/29/2007 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Peoples Community Bank
|
Greenville | MO | 425.5M |
The Western State Bank
|
Garden City | KS | 424.2M |
Texas Bank
|
Brownwood | TX | 431.2M |
Legacy Bank
|
Hinton | OK | 418.2M |
Security State Bank
|
Centralia | WA | 416.6M |
The First State Bank
|
Norton | KS | 426.2M |
Citizens Bank
|
Mooresville | IN | 438.4M |
The Citizens Savings Bank
|
Martins Ferry | OH | 424.0M |
Bank Of Sullivan
|
Sullivan | MO | 428.5M |
West Shore Bank
|
Ludington | MI | 429.1M |