Institution Statistics
| Heartland Bank | | OTS # | 02165 | | FDIC Certificate # | 28694 | | BankRate Report | View | | Year Established | 1887 | | Employees | 340 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $832.19 million | | Loans | $521.93 million | | Deposits | $709.58 million | | Equity Capital | $80.05 million | | Loan Loss Allowance | $11.28 million | | Unbacked Noncurrent Loans | $18.04 million | | Real Estate Owned | $11.81 million |
Historic Data - December 2011 | | Assets | $878.85 million | | Equity Capital | $56.68 million | | Loan Loss Allowance | $14.24 million | | Unbacked Noncurrent Loans | $24.71 million | | Real Estate Owned | $14.80 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.11% | | Return on Assets | 1.33% | | Return on Equity | 16.2% | | Interest Income | $33.92 million |
|
|
Institution Health
Overall Score:
3 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 December 31, 2012 Heartland Bank Direct had $29.85 million in non-current loans and owned real-estate with $91.33 million in equity and loan loss allowances on hand to cover it. This gives Heartland Bank Direct a Texas Ratio of 32.68% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Heartland Bank Direct decreased significantly from 55.72% as of December 31, 2011 to 32.68% as of December 31, 2012, resulting in a positive change of 41.34%.This indicates that the balance sheet and financial strength for Heartland Bank Direct has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Heartland Bank Direct has decreased its total deposits by -$83.7 million, resulting in -10.55% 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 Heartland Bank Direct has shown is poor. | | 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. Heartland Bank Direct has $832.19 million in assets with $91.33 million in equity, resulting in a capitalization level of 10.97%, which is above average. |
|