Herring Bank

Herring Bank is headquartered in Amarillo and is the 86^th largest bank in the state of Texas. It is also the 1,196^th largest bank in the nation. It was established in 1899 and as of March of 2012, it had grown to 192 employees at 16 locations. Herring Bank has a 4-star health rating.

Data for Q1 2012

Institution Statistics Herring Bank FDIC Certificate # 5568 BankRate Report View Year Established 1899 Employees 192 Primary Regulator FDIC Assets and Liabilities Assets $564.73 million Loans $320.66 million Deposits $495.54 million Equity Capital $56.92 million Loan Loss Allowance $4.50 million Unbacked Noncurrent Loans $2.81 million Real Estate Owned $5.52 million Historic Data - March 2011 Assets $579.81 million Equity Capital $49.45 million Loan Loss Allowance $5.02 million Unbacked Noncurrent Loans $5.74 million Real Estate Owned $4.18 million Profit Margin - Quarterly Net Interest Margin 4.13% Return on Assets 1.74% Return on Equity 17.25% Interest Income $6.05 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Herring Bank had $8.33 million in non-current loans and owned real-estate with $61.42 million in equity and loan loss allowances on hand to cover it. This gives Herring Bank a Texas Ratio of 13.56% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Herring Bank decreased slightly from 18.21% as of March 31, 2011 to 13.56% as of March 31, 2012, resulting in a positive change of 25.53%.This indicates that the balance sheet and financial strength for Herring Bank has improved slightly in recent periods. Deposit Growth In the past year, Herring Bank has decreased its total deposits by -$9.75 million, resulting in -1.93% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Herring Bank has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Herring Bank has $564.73 million in assets with $61.42 million in equity, resulting in a capitalization level of 10.88%, which is above average.

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