Heritage Bank (KY)

Heritage Bank (KY) is headquartered in Hopkinsville and is the 11^st largest bank in the state of Kentucky. It is also the 640^th largest bank in the nation. It was established in 1879 and as of March of 2012, it had grown to 256 employees at 18 locations. Heritage Bank (KY) has a 4-star health rating.

Data for Q1 2012

Institution Statistics Heritage Bank OTS # 04727 FDIC Certificate # 30090 BankRate Report View Year Established 1879 Employees 256 Primary Regulator OCC Assets and Liabilities Assets $1.04 billion Loans $550.56 million Deposits $814.44 million Equity Capital $112.84 million Loan Loss Allowance $10.61 million Unbacked Noncurrent Loans $11.22 million Real Estate Owned $1.18 million Historic Data - March 2011 Assets $1.05 billion Equity Capital $99.40 million Loan Loss Allowance $7.39 million Unbacked Noncurrent Loans $6.09 million Real Estate Owned $9.01 million Profit Margin - Quarterly Net Interest Margin 3.01% Return on Assets 0.34% Return on Equity 3.11% Interest Income $10.85 million

Institution Health Overall Score: 4 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 Heritage Bank (KY) had $12.4 million in non-current loans and owned real-estate with $123.45 million in equity and loan loss allowances on hand to cover it. This gives Heritage Bank (KY) a Texas Ratio of 10.04% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Heritage Bank (KY) decreased slightly from 14.14% as of March 31, 2011 to 10.04% as of March 31, 2012, resulting in a positive change of 28.95%.This indicates that the balance sheet and financial strength for Heritage Bank (KY) has improved slightly in recent periods. Deposit Growth In the past year, Heritage Bank (KY) has decreased its total deposits by -$19.81 million, resulting in -2.37% 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 Heritage Bank (KY) has shown is below average. 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. Heritage Bank (KY) has $1.04 billion in assets with $123.45 million in equity, resulting in a capitalization level of 11.91%, which is above average.

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