Heritage First Bank (GA)

Heritage First Bank (GA) is headquartered in Rome and is the 184^th largest bank in the state of Georgia. It is also the 5,169^th largest bank in the nation. It was established in 1904 and as of March of 2012, it had grown to 35 employees at 3 locations. Heritage First Bank (GA) has a 3-star health rating.

Data for Q1 2012

Institution Statistics Heritage First Bank OTS # 17927 FDIC Certificate # 20761 BankRate Report View Year Established 1904 Employees 35 Primary Regulator OCC Assets and Liabilities Assets $91.83 million Loans $64.74 million Deposits $83.05 million Equity Capital $8.66 million Loan Loss Allowance $724,000 Unbacked Noncurrent Loans $1.72 million Real Estate Owned $3.03 million Historic Data - March 2011 Assets $118.46 million Equity Capital $7.60 million Loan Loss Allowance $981,000 Unbacked Noncurrent Loans $3.59 million Real Estate Owned $3.22 million Profit Margin - Quarterly Net Interest Margin 4.41% Return on Assets 0% Return on Equity 0% Interest Income $1.14 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 March 31, 2012 Heritage First Bank (GA) had $4.74 million in non-current loans and owned real-estate with $9.38 million in equity and loan loss allowances on hand to cover it. This gives Heritage First Bank (GA) a Texas Ratio of 50.58% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Heritage First Bank (GA) decreased slightly from 79.25% as of March 31, 2011 to 50.58% as of March 31, 2012, resulting in a positive change of 36.19%.This indicates that the balance sheet and financial strength for Heritage First Bank (GA) has improved slightly in recent periods. Deposit Growth In the past year, Heritage First Bank (GA) has decreased its total deposits by -$27.65 million, resulting in -24.98% 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 First Bank (GA) has shown is poor. 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 First Bank (GA) has $91.83 million in assets with $9.38 million in equity, resulting in a capitalization level of 10.21%, which is above average.

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