Heritage Bank of North Florida

Heritage Bank of North Florida is headquartered in Orange Park and is the 161^st largest bank in the state of Florida. It is also the 4,144^th largest bank in the nation. It was established in 1986 and as of March of 2012, it had grown to 26 employees at 2 locations. Heritage Bank of North Florida has a 1-star health rating.

Heritage Bank of North Florida Routing Number: 063112469

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Data for Q1 2012

Institution Statistics Heritage Bank of North Florida FDIC Certificate # 26680 BankRate Report View Year Established 1986 Employees 26 Primary Regulator FDIC Assets and Liabilities Assets $134.86 million Loans $93.44 million Deposits $130.31 million Equity Capital $4.25 million Loan Loss Allowance $3.93 million Unbacked Noncurrent Loans $10.06 million Real Estate Owned $9.90 million Historic Data - March 2011 Assets $134.87 million Equity Capital $5.51 million Loan Loss Allowance $4.74 million Unbacked Noncurrent Loans $13.58 million Real Estate Owned $10.00 million Profit Margin - Quarterly Net Interest Margin 3.74% Return on Assets 0.09% Return on Equity 2.94% Interest Income $1.39 million

Institution Health Overall Score: 1 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 North Florida had $19.96 million in non-current loans and owned real-estate with $8.18 million in equity and loan loss allowances on hand to cover it. This gives Heritage Bank of North Florida a Texas Ratio of 244.14% which is poor. 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 North Florida held steady from 229.93% as of March 31, 2011 to 244.14% as of March 31, 2012, resulting in a negative change of 6.18%. This indicates that the balance sheet and financial strength for Heritage Bank of North Florida has held steady in recent periods. Deposit Growth In the past year, Heritage Bank of North Florida has increased its total deposits by $1.62 million, resulting in 1.26% 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 North Florida has shown is above 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 of North Florida has $134.86 million in assets with $8.18 million in equity, resulting in a capitalization level of 6.06%, which is below average.

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