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Herring Bank, Financial Information

AboutHerring Bank

 Address:
2201 Civic Circle
Amarillo,TX
Potter County,Texas
 Established:
Jan 1899
 Number of domestic offices:
14
Total assets$495M
Net income$6M
Net income,quarterly$2M
Total deposits$448M
Domestic deposits$448M
Equity capital$45M
ROA1.29%
ROAQ,quarterly1.52%
ROA,pretax1.52%
ROAQ,quarterly,pretax1.52%
ROE15.0%
ROEQ,quarterly17.45%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Herring Bank originated in Vernon, Texas in 1899. The bank provides a full range of commercial and consumer banking products, as well as investment and trust services. While the bank is primarily owned by the family of its founder, Col. C.T. Herring, the bank has directors and owners in communities that it serves. Through local leadership and ownership, Herring Bank has created a legacy of helping customers with their financial needs for some 110 years.

Historical Data