# HERRING BANK
AMARILLO, TX · FDIC certificate 5568 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $540.5M | |
| Deposits | $477.0M | |
| Loans and leases | $369.9M | |
| Total equity | $58.6M | |
| Loans / deposits | 76.74% (p38 of band) | 82.04% |
| Liquid assets / assets | 28.20% (p59 of band) | |
| Uninsured deposits / deposits | 30.48% (p68 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.20% (p71 of band) | 10.81% |
| Unrealized securities loss / equity | -7.28% (p53 of band) | -8.10% |
| AOCI / equity | -1.03% (p21 of band) | |
| ROA (annualized) | 0.15% (p5 of band) | 1.28% |
| Net interest margin | 5.70% (p98 of band) | 3.91% |
| Efficiency ratio | 94.55% (p97 of band) | |
| Noncurrent loans | 0.55% (p56 of band) | 0.43% |
| Net charge-offs (annualized) | 0.22% (p92 of band) | |
| Reserve coverage of noncurrent | 186.52% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 65.28% (p68 of band) | |
| Auto loans | $2.4M (0.64% of loans; DQ 3.87%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 6.5% | |
| Employees | 181 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **charge-offs p90** (`aq_nco`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 3 | deposits shrinking, assets shrinking | capital falling |
| 2012-09 | 3 |  |  |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 |  |  |
| 2013-06 | 3 |  |  |
| 2013-09 | 3 |  |  |
| 2013-12 | 3 |  |  |
| 2014-03 | 3 | capital falling | reserve under noncurrent |
| 2014-06 | 2 |  | capital falling |
| 2014-09 | 2 |  |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 2 |  |  |
| 2015-06 | 2 |  |  |
| 2015-09 | 0 |  | deposits shrinking, assets shrinking |
| 2015-12 | 1 | reserve under noncurrent |  |
| 2016-03 | 3 | deposits shrinking, assets shrinking |  |
| 2016-06 | 5 | expense ratio p90, noncurrent p90 |  |
| 2016-09 | 2 | uninsured deposits leaving | deposits shrinking, assets shrinking, expense ratio p90, noncurrent p90 |
| 2016-12 | 3 | expense ratio p90, charge-offs p90 | reserve under noncurrent |
| 2017-03 | 3 | capital falling | charge-offs p90 |
| 2017-06 | 3 |  |  |
| 2017-09 | 1 |  | uninsured deposits leaving, capital falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | deposits shrinking |  |
| 2018-06 | 3 | assets shrinking |  |
| 2018-09 | 2 |  | assets shrinking |
| 2018-12 | 3 | construction >100% equity |  |
| 2019-03 | 1 |  | deposits shrinking, construction >100% equity |
| 2019-06 | 4 | capital falling, charge-offs p90, construction >100% equity |  |
| 2019-09 | 3 |  | charge-offs p90 |
| 2019-12 | 1 |  | capital falling, construction >100% equity |
| 2020-03 | 0 |  | expense ratio p90 |
| 2020-06 | 2 | capital falling, expense ratio p90 |  |
| 2020-09 | 1 |  | capital falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 0 |  | expense ratio p90 |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 1 | expense ratio p90 |  |
| 2022-03 | 2 | deposits shrinking |  |
| 2022-06 | 4 | charge-offs p90, assets shrinking |  |
| 2022-09 | 3 | construction >100% equity | deposits shrinking, assets shrinking |
| 2022-12 | 4 | deposits shrinking, assets shrinking | construction >100% equity |
| 2023-03 | 3 | uninsured deposits leaving | expense ratio p90, charge-offs p90 |
| 2023-06 | 2 | noncurrent p90, reserve under noncurrent | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2023-09 | 1 | expense ratio p90 | noncurrent p90, reserve under noncurrent |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | noncurrent p90, reserve under noncurrent | expense ratio p90 |
| 2024-06 | 2 | expense ratio p90, charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | capital falling |  |
| 2025-03 | 1 |  | charge-offs p90, capital falling |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | capital falling |  |
| 2026-03 | 2 | charge-offs p90 | capital falling |
| 2026-06 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2023-07-11 [Herring Bank owner ordered to restructure board, oversight, asset management - MyHighPlains.com](https://news.google.com/rss/articles/CBMivAFBVV95cUxObTB3dU5ZWEFCVGxyNFV3VnNJOUcteUhMcDNUOW5fb1IwVFVRUlM5Z0VzZDg1aVRsSHpJcWNiZWVIZ0ZUQ2thOF93QUN0SXRQNVRtVzg5by1UYzR0NURrM1V3Y0ktcnNCNnpnMTZNbWFKaWpPXzdnMGZqdzlYbEtpbzhhZEpMVzNFUzR1blRBOHVnZEJEZzN3aTVNQ3BYUEZueHZoNVVhQ1BhQW9iUDYxYUlrU2Z1MGxWX3lac9IBwgFBVV95cUxPbEpaekROc0hURmNXaVZzNVVCaXFYSFBpM1RPUWNzMjdpajBpWjJnWHFGanBTaVFBWTVTbW1jYkNKRlBxRVg3TEUtN2FmVFM4S21wbFBTcEt2V3JSOWxaZHprQVlKTm1YX2N3cm1rNmRGOE1vVG9CVVlBT0p2UU9mdVdDLXZnMGFiblNIaXJqek11U05YZzNQdld5TE0tQ0RVZDVpczhGWVZIdjMwVXZFNE5ZU2c3N1lMWE1vZUc3UU9kdw?oc=5) · MyHighPlains.com
- 2023-07-10 [The Federal Reserve, Texas Department of Banking issues order to improve control of Herring Bank - KFDA | NewsChannel 10 | Amarillo Texas](https://news.google.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?oc=5) · KFDA | NewsChannel 10 | Amarillo Texas
- 2024-06-22 [Herring Bank celebrates 125th anniversary at Amarillo branch location - Amarillo Globe-News](https://news.google.com/rss/articles/CBMizgFBVV95cUxQb2M2cU1NR01wZF9sYUUtSkVqX3B2NmU1TDdlZTVBRTgzLThzLURMMnFQRVZfRnRvaXA5c0l6YUV0N1NWOXk3Zk1xQVZURDlqQUwzUHMwc2Z3V0s4OXB0MExrQUVic0YwOXFmZU56cy1GejFfR2lnMVF5aUVTTk9OQlBGUTFGMUNZemhnZG41TE85SGhXN2tDUUs2TG8yeEV2TkxuZ2R5eTFXd1NFd1Bpb1lXZUYwdmkzS19FdGJEVkhINUpZdkpnVXduT3JCZw?oc=5) · Amarillo Globe-News
- 2025-01-24 [28 severe enforcement actions issued in 2022; Herring Bank gets 2 in 15 months - S&P Global](https://news.google.com/rss/articles/CBMi9wFBVV95cUxON3cwRGU0dndaT3l1SnRocTVpVjJkdGs3RTZHX1VVQ09yU1BjMktoY1F0OWN1N2NEZm0xMXJYazlnYURUY2laVGhmak50ZVczX1J5cUtHMjhiVzRmLXZFT0tIazhubXBCV1FTZzlfSmIycnFYdXJPenI1MVkyaUlWczhMUnBuZnB6dGplRWlrWjU2VFBJbmtUTjI3ZjZhVV91RzNScTlseGpnOFk0OEI2LXoyQU02RVQ2R1o0UDBqY1RtZXd2SzFhd1BuVVlXNEpMV2FlZHlhalVvNmppUVJNVkFMU041NDZoN2FPZk5kYjNyTVA4cjg0?oc=5) · S&P Global
- 2025-08-26 [ENFORCEMENT ACTIONS—5th Cir.: Court... - vitallaw.com](https://news.google.com/rss/articles/CBMijgJBVV95cUxQVU5qSWx6STRxWmoweTRUM093TFZjTzRibFJ2Y2kwLTFMYzZQcm54UXlUZlVWVEhfVnp2T3dab0pCWFFUdEpKbFRlRVNkU1p6SlRQLXpEVWM4c3FkZ0xkSFlMYnBqdUctVkN3aDc1SGpDb255aHd0bV94YnR2TTZhOVFwM0ZRQnhfSmhfTGpVNWIwcUlpa05pOU14ZjMxVUtYYXJKbkhDd2ZOYlMyVXR4THpySnBXRmJ0NnpsNkF5ZHY5QmhfeDNPTkhSdWJ0V1FWQVdrWmU4MXZaS295bzBzM01sdm4tU0VHS0dFMHJRUndmVHU3Ymx1SWk1bmQ1RWRNdENQNDRnQndrWDh6emc?oc=5) · vitallaw.com
- 2024-02-14 [Herring Bank celebrates 125 years serving Vernon - Texomashomepage.com](https://news.google.com/rss/articles/CBMingFBVV95cUxOWGtZU0U0X19LbGdLMFZLX25FNTZBSzdQT1BPZXNhTTRHUENsR1ZjX1JVZ2szQUxZZ2VFSU5hWnI2Qzg1a1lpSVVwZjQ4cW50bHB1VjVWVEdReERMR1pETndETVk1MEtuYXlGbVhMSnJLT0Zla3dJRXNkZTR2bDRiSXVLazVCNW9SNzdWQ2thWjIxNFZ1bmM2ZzVmaGQyZ9IBowFBVV95cUxNcnk5UDk4a1g1TjYtVkQ4TjY5dlNXOGdESFl6M3lOdS1pZjJDRXVjM1duMlh0ZExBcmY0YWRmVUVYS0tyU21lWTBwRzJRTU9MTUFwRDBZTndTNzVVcmh2enJFSmtUcG5Od1NtcThLY1o3ek9pNTZudC1VdTAyTTlONm1yWjJ5YklDYW9Wb1Q4NUJ4TnotZWpOVURhZmJHaEpYNTVn?oc=5) · Texomashomepage.com
- 2025-08-25 [FDIC Wins Appeal Over Bank Exec’s Enforcement Action (Correct) - Bloomberg Law News](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQTjFhZGdrckZxaXpzQk9ONEllUW0tVE9CVXF2YmJqaGpialM2Vmk4V0NJdTFVNkFBaFNjRkxUWGp0R2dlNy1BcUJTTTEwWWtJUVVjUFpSbFIwSl9ueGhVaTluUUo1dVZaME5TNndGUkxMTFplanBXX3JBYU05TzZIR2FoVkUyd3ZESFEzZGRhNFBkY1pRVm95em85VE1BRzlSMmF1V0xjeko?oc=5) · Bloomberg Law News
- 2021-02-22 [Herring Bank (TX) Review | Review, Fees, Offerings - SmartAsset](https://news.google.com/rss/articles/CBMifEFVX3lxTE5VczlHbGExTmdWUTJCY2JkZXlGNDJkYzFNNUVPR3hOek5GMXBrOXN2OTV3NmNOOXRtNkpRV253YnJ5UlhwYVJxemRIaTFaekhzZjhZaWpENHpNcmFWZTZ1c2pvRlBPT2tIV2Nvd0ZXOVVLWEp2UWdjNGVFRVM?oc=5) · SmartAsset

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=5568 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/0.json (key "5568", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide