Heritage Bank of the South

Heritage Bank of the South is headquartered in Albany and is the 15^st largest bank in the state of Georgia. It is also the 608^th largest bank in the nation. It was established in 1955 and as of December of 2012, it had grown to 321 employees at 21 locations. Heritage Bank of the South has a 3-star health rating.

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Data for Q4 2012

Institution Statistics Heritage Bank of the South FDIC Certificate # 50028 BankRate Report View Year Established 1955 Employees 321 Primary Regulator FDIC Assets and Liabilities Assets $1.09 billion Loans $676.55 million Deposits $883.20 million Equity Capital $104.02 million Loan Loss Allowance $9.06 million Unbacked Noncurrent Loans $27.42 million Real Estate Owned $3.24 million Historic Data - December 2011 Assets $1.09 billion Equity Capital $99.89 million Loan Loss Allowance $7.49 million Unbacked Noncurrent Loans $7.04 million Real Estate Owned $3.36 million Profit Margin - Quarterly Net Interest Margin 5.32% Return on Assets 0.69% Return on Equity 7.24% Interest Income $54.74 million

Institution Health Overall Score: 3 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 December 31, 2012 Heritage Bank of the South had $30.66 million in non-current loans and owned real-estate with $113.08 million in equity and loan loss allowances on hand to cover it. This gives Heritage Bank of the South a Texas Ratio of 27.12% 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 the South increased slightly from 9.69% as of December 31, 2011 to 27.12% as of December 31, 2012, resulting in a negative change of 179.89%. This indicates that the balance sheet and financial strength for Heritage Bank of the South has declined slightly in recent periods. Deposit Growth In the past year, Heritage Bank of the South has decreased its total deposits by -$22.42 million, resulting in -2.48% 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 the South 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 of the South has $1.09 billion in assets with $113.08 million in equity, resulting in a capitalization level of 10.33%, which is above average.

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