Heritage Bank of Commerce

Heritage Bank of Commerce is headquartered in San Jose and is the 42^nd largest bank in the state of California. It is also the 515^st largest bank in the nation. It was established in 1994 and as of March of 2012, it had grown to 189 employees at 12 locations. Heritage Bank of Commerce has a 5-star health rating.

Data for Q1 2012

Institution Statistics Heritage Bank of Commerce FDIC Certificate # 33905 BankRate Report View Year Established 1994 Employees 189 Primary Regulator FED Assets and Liabilities Assets $1.30 billion Loans $741.55 million Deposits $1.09 billion Equity Capital $168.11 million Loan Loss Allowance $20.31 million Unbacked Noncurrent Loans $14.59 million Real Estate Owned $3.17 million Historic Data - March 2011 Assets $1.25 billion Equity Capital $177.07 million Loan Loss Allowance $24.01 million Unbacked Noncurrent Loans $23.73 million Real Estate Owned $918,000 Profit Margin - Quarterly Net Interest Margin 4.35% Return on Assets 0.84% Return on Equity 6.03% Interest Income $13.50 million

Institution Health Overall Score: 5 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 of Commerce had $17.76 million in non-current loans and owned real-estate with $188.42 million in equity and loan loss allowances on hand to cover it. This gives Heritage Bank of Commerce a Texas Ratio of 9.42% 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 of Commerce decreased slightly from 12.10% as of March 31, 2011 to 9.42% as of March 31, 2012, resulting in a positive change of 22.12%.This indicates that the balance sheet and financial strength for Heritage Bank of Commerce has improved slightly in recent periods. Deposit Growth In the past year, Heritage Bank of Commerce has increased its total deposits by $55.45 million, resulting in 5.35% 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 of Commerce 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. Heritage Bank of Commerce has $1.3 billion in assets with $188.42 million in equity, resulting in a capitalization level of 14.47%, which is excellent.

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