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

Heartland Community Bank

Heartland Community Bank Locations
4937 Highway 5 North P.O. Box 488
Bryant, AR 72022-7002
501-847-7982
www.heartlandbankonline.com

Heartland Community Bank is headquartered in Bryant and is the 58th largest bank in the state of Arkansas. It is also the 3,351st largest bank in the nation. It was established in 1933 and as of September of 2011, it had grown to 34 employees at 4 locations. Heartland Community Bank has a 4-star health rating.

Heartland Community Bank Routing Number: 282970068

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High-Yield Reward Checking Account at an Arkansas Bank (Heartland Community) - 2/21/2008

Update 12/09/09: The top rate has fallen to 3.76% APY. Refer to the bottom of the post for the rate history.Heartland Community Bank is offering a reward checking account called Interest Plus Checking. It pays 3.76% APY on balances up to $30,000 (1.21%...



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See Rates for: Checking | Savings

Heartland Community Bank Checking Account Rates

ApyMinMaxProduct
3.00%-$15kInterest Plus Checking
1.21%$250k-Redi-Money Account
1.21%$250k-Business Redi-Money Account
0.90%$100k-Business Interest Account
0.10%--Check Easy Account
0.10%$500-Privileges Account

Heartland Community Bank Savings Account Rates

ApyMinMaxProduct
0.10%--Savings Account
0.10%--Christmas Club Account

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Heartland Community Bank
FDIC Certificate #28761
BankRate ReportView
Year Established1933
Employees34
Primary RegulatorFED

Assets and Liabilities

Assets$181.07 million
Loans$141.99 million
Deposits$140.55 million
Equity Capital$26.80 million
Loan Loss Allowance$2.75 million
Unbacked Noncurrent Loans$908,000
Real Estate Owned$3.49 million

Historic Data - September 2010

Assets$157.46 million
Equity Capital$17.37 million
Loan Loss Allowance$2.26 million
Unbacked Noncurrent Loans$1.37 million
Real Estate Owned$520,000

Profit Margin - Quarterly

Net Interest Margin5.2%
Return on Assets1.94%
Return on Equity14.68%
Interest Income$7.60 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 September 30, 2011 Heartland Community Bank had $4.4 million in non-current loans and owned real-estate with $29.55 million in equity and loan loss allowances on hand to cover it. This gives Heartland Community Bank a Texas Ratio of 14.89% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Heartland Community Bank increased slightly from 9.63% as of September 30, 2010 to 14.89% as of September 30, 2011, resulting in a negative change of 54.64%. This indicates that the balance sheet and financial strength for Heartland Community Bank has declined slightly in recent periods.
Deposit Growth5
In the past year, Heartland Community Bank has increased its total deposits by $20.23 million, resulting in 16.81% 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 Community 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 Community Bank has $181.07 million in assets with $29.55 million in equity, resulting in a capitalization level of 16.32%, which is excellent.
Write Review

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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