Herring Bank
FDIC #5568
📍 Amarillo, Texas
Herring Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1899. With assets of $498.02 Million, it operates 13 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: November 1, 2024
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
November 1, 2024
Satisfactory
September 1, 2021
Satisfactory
December 1, 2018
Satisfactory
💰 Financial Strength
Total Assets$498.02 Million
Total Deposits$443.39 Million
Equity Capital$49.15 Million
Net Income$2.51 Million
📈 Performance
ROA0.70%
ROE6.77%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1899
FDIC Cert5568
Holding CoHerring Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM
Saturday9:00 - 11:00 AM
SundayClosed
📜 Institutional History
2005
Relocation
Moved HQ to: 2201 Civic Circle, Amarillo, TX 79101.
2005
Name Change
Name became: Changed Institution Name To Herring Bank.
1998
Merger / Acquisition
Acquired: Bfnb Trust Company, National Association
1998
Merger / Acquisition
Acquired: First Bank & Trust Of Clarendon
1996
Name Change
Name became: Changed Institution Name To The Herring National Bank.