Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 18.5 and a capital leverage ratio of 12.2. A current level of 3.4 percent of nonperforming loans to core capital combined with 2.3 percent from a year earlier contributes to the Excellent asset quality (7.1).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.1 on a scale of 0 to 10). Weak liquidity 2.7, driven by a liquidity ratio of 25.5 percent and a “hot money” ratio of 12.7 percent.
Asset Mix:
Comm re (34%), cash (18%), home mtgs (10%), securities (10%), consumer loans (7%), comm loans (5%), other (16%)
States with Branches:
CO, OK, TX
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Herring Bancorp, Inc.
Investment Rating
--
Address
2201 Civic Circle
Amarillo, TX 79109
Amarillo, TX 79109
Phone Number
(806) 677-7000
Year Founded
1899
FDIC Number
Website
Largest Affiliates
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