Heartland Bank (OH)

Heartland Bank (OH) is headquartered in Gahanna and is the 37^th largest bank in the state of Ohio. It is also the 1,173^rd largest bank in the nation. It was established in 1911 and as of March of 2012, it had grown to 143 employees at 13 locations. Heartland Bank (OH)'s savings rates are 52% higher than the national average, and it has a 3-star health rating.

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Data for Q1 2012

Institution Statistics Heartland Bank FDIC Certificate # 9443 BankRate Report View Year Established 1911 Employees 143 Primary Regulator FED Assets and Liabilities Assets $575.98 million Loans $384.46 million Deposits $496.62 million Equity Capital $50.94 million Loan Loss Allowance $4.09 million Unbacked Noncurrent Loans $10.43 million Real Estate Owned $2.59 million Historic Data - March 2011 Assets $558.24 million Equity Capital $46.72 million Loan Loss Allowance $3.86 million Unbacked Noncurrent Loans $5.55 million Real Estate Owned $2.43 million Profit Margin - Quarterly Net Interest Margin 3.88% Return on Assets 0.94% Return on Equity 10.64% Interest Income $6.45 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 March 31, 2012 Heartland Bank (OH) had $13.03 million in non-current loans and owned real-estate with $55.03 million in equity and loan loss allowances on hand to cover it. This gives Heartland Bank (OH) a Texas Ratio of 23.67% which is 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 (OH) increased slightly from 11.96% as of March 31, 2011 to 23.67% as of March 31, 2012, resulting in a negative change of 97.90%. This indicates that the balance sheet and financial strength for Heartland Bank (OH) has declined slightly in recent periods. Deposit Growth In the past year, Heartland Bank (OH) has increased its total deposits by $25.71 million, resulting in 5.46% 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 (OH) has shown is excellent. 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 (OH) has $575.98 million in assets with $55.03 million in equity, resulting in a capitalization level of 9.55%, which is average.

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