Heritage Bank (TX)

Heritage Bank (TX) is headquartered in Pearland and is the 412^st largest bank in the state of Texas. It is also the 5,133^rd largest bank in the nation. It was established in 1985 and as of December of 2012, it had grown to 24 employees at 2 locations. Heritage Bank (TX) has a 5-star health rating.

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Data for Q4 2012

Institution Statistics Heritage Bank FDIC Certificate # 26372 BankRate Report View Year Established 1985 Employees 24 Primary Regulator FED Assets and Liabilities Assets $89.27 million Loans $62.42 million Deposits $72.55 million Equity Capital $16.55 million Loan Loss Allowance $772,000 Unbacked Noncurrent Loans $28,000 Historic Data - December 2011 Assets $65.28 million Equity Capital $11.34 million Loan Loss Allowance $576,000 Unbacked Noncurrent Loans $1,000 Profit Margin - Quarterly Net Interest Margin 5.04% Return on Assets 0.56% Return on Equity 3.31% Interest Income $3.48 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 December 31, 2012 Heritage Bank (TX) had $28,000 in non-current loans and owned real-estate with $17.32 million in equity and loan loss allowances on hand to cover it. This gives Heritage Bank (TX) a Texas Ratio of 0.16% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Heritage Bank (TX) held steady from 0.01% as of December 31, 2011 to 0.16% as of December 31, 2012, resulting in a negative change of 1,826.97%. This indicates that the balance sheet and financial strength for Heritage Bank (TX) has held steady in recent periods. Deposit Growth In the past year, Heritage Bank (TX) has increased its total deposits by $18.76 million, resulting in 34.87% 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 (TX) 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 (TX) has $89.27 million in assets with $17.32 million in equity, resulting in a capitalization level of 19.40%, which is excellent.

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