5 star ratingAverage User Rating:
5 star rating based on 1 review.

Heartland Bank

Heartland Bank Locations
4937 Highway 5 North
Bryant, AR 72022
501-847-7982
www.hbankusa..com

Heartland Bank is headquartered in Bryant and is the 55th largest bank in the state of Arkansas. It is also the 3,303rd largest bank in the nation. It was established in 1933 and as of March of 2012, it had grown to 39 employees at 4 locations. Heartland Bank has a 4-star health rating.

Heartland Bank Routing Number: 282970068

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5.55% 12-Month CD at a Kansas/Missouri Bank (Heartland Bank) - 3/28/2007

Heartland Bank is listing a special 12-month certificate of deposit with a yield of 5.55% APY. The minimum is $1,000. The rates page also lists a 5.55% 24-month CD. These same rates are also available for IRA CDs.The main office is located in Leawood...



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See Rates for: Checking | Savings | Money Market

Heartland Bank Checking Account Rates

ApyMinMaxProduct
3.00%-$15kInterest Plus + Cash Back Account
0.70%$100k-Business Interest Account
0.10%--Preferred Plus Checking

Heartland Bank Savings Account Rates

ApyMinMaxProduct
4.00%-$1kJust 4 Kids Account - Requirements Met
0.05%--Savings Plus Account
0.05%--Just 4 Kids Account - Requirements Not Met

Heartland Bank Money Market Rates

ApyMinMaxProduct
1.16%$250k-Money Market Account
1.16%$250k-Business Money Market Account

Rates updated: 5/25/2012 * Not all products updated

Data for Q1 2012


Institution Statistics


Heartland Bank
FDIC Certificate #28761
BankRate ReportView
Year Established1933
Employees39
Primary RegulatorFED

Assets and Liabilities

Assets$185.79 million
Loans$145.42 million
Deposits$144.80 million
Equity Capital$27.24 million
Loan Loss Allowance$3.15 million
Unbacked Noncurrent Loans$3.84 million
Real Estate Owned$3.42 million

Historic Data - March 2011

Assets$160.65 million
Equity Capital$20.59 million
Loan Loss Allowance$2.46 million
Unbacked Noncurrent Loans$1.76 million
Real Estate Owned$2.34 million

Profit Margin - Quarterly

Net Interest Margin5.63%
Return on Assets2.48%
Return on Equity17.03%
Interest Income$2.84 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 had $7.26 million in non-current loans and owned real-estate with $30.39 million in equity and loan loss allowances on hand to cover it. This gives Heartland Bank a Texas Ratio of 23.90% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Heartland Bank increased slightly from 17.80% as of March 31, 2011 to 23.90% as of March 31, 2012, resulting in a negative change of 34.28%. This indicates that the balance sheet and financial strength for Heartland Bank has declined slightly in recent periods.
Deposit Growth5
In the past year, Heartland Bank has increased its total deposits by $17.68 million, resulting in 13.91% 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 has shown is excellent.
Capitalization5
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 has $185.79 million in assets with $30.39 million in equity, resulting in a capitalization level of 16.36%, which is excellent.
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Excellent Bank
5 stars - mrvirgo - Thursday, September 2, 2010 - 5:19 PM

I've been with Heartland since 2008 and currently have three rewards checking account each at the maximum 30,000. When I began with them, the interest rate was 6%. As of 9/2/2010 it's 3.25% but I suspect it will go down.

This is a small local bank that really aims to serve its customers. Every time I've called, a real person answers and goes the extra mile to make sure that whatever questions/concerns I have are completely resolved.

The bank has never made an error of any sort and at the end of each cycle the interest is posted without fail.

I am thoroughly happy with Heartland and only wish I lived in Arkansas so I could make it my primary bank. It's that good.

3
 
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