Heritage Bank of Nevada

Heritage Bank of Nevada is headquartered in Reno and is the 10^st largest bank in the state of Nevada. It is also the 1,336^th largest bank in the nation. It was established in 1995 and as of March of 2012, it had grown to 65 employees at 7 locations. Heritage Bank of Nevada has a 4-star health rating.

Heritage Bank of Nevada Routing Number: 121202279

Data for Q1 2012

Institution Statistics Heritage Bank of Nevada FDIC Certificate # 34072 BankRate Report View Year Established 1995 Employees 65 Primary Regulator FDIC Assets and Liabilities Assets $507.64 million Loans $328.05 million Deposits $458.20 million Equity Capital $46.27 million Loan Loss Allowance $6.95 million Unbacked Noncurrent Loans $7.89 million Real Estate Owned $3.97 million Historic Data - March 2011 Assets $454.22 million Equity Capital $44.26 million Loan Loss Allowance $6.09 million Unbacked Noncurrent Loans $7.74 million Real Estate Owned $2.47 million Profit Margin - Quarterly Net Interest Margin 4.23% Return on Assets 1.02% Return on Equity 11.14% Interest Income $5.47 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 of Nevada had $11.85 million in non-current loans and owned real-estate with $53.21 million in equity and loan loss allowances on hand to cover it. This gives Heritage Bank of Nevada a Texas Ratio of 22.28% 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 Heritage Bank of Nevada held steady from 20.22% as of March 31, 2011 to 22.28% as of March 31, 2012, resulting in a negative change of 10.19%. This indicates that the balance sheet and financial strength for Heritage Bank of Nevada has held steady in recent periods. Deposit Growth In the past year, Heritage Bank of Nevada has increased its total deposits by $50.85 million, resulting in 12.48% 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 Nevada 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 Nevada has $507.64 million in assets with $53.21 million in equity, resulting in a capitalization level of 10.48%, which is above average.

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