Southern Heritage Bank (TN)

3020 Keith Street
Cleveland, TN 37312
423-473-7980
www.southernheritagebank.com

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Southern Heritage Bank (TN) is headquartered in Cleveland and is the 83^rd largest bank in the state of Tennessee. It is also the 2,812^st largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 63 employees at 3 locations. Southern Heritage Bank (TN) has a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD

Southern Heritage Bank (TN) Checking Account Rates

Apy	Min	Max	Product
0.80%	$500k	-	Preferred Interest Checking
0.20%	$25k	-	Interest Checking
0.20%	$25k	-	Heritage 50 Interest Checking
0.20%	-	-	IOLTA

Southern Heritage Bank (TN) Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	TDOA IRA
0.30%	-	-	Youth Savings
0.30%	-	-	Piggy Bank Savings
0.25%	$50k	-	Sweep
0.15%	$100	-	Regular Savings
0.05%	$2,500	-	Variable CD

Southern Heritage Bank (TN) Money Market Rates

	Apy	Min	Max	Product
	0.50%	$500k	-	Money Market Account

Southern Heritage Bank (TN) CD Rates

Apy	Min	Max	Product
1.15%	$1,500	-	60 Month CD
0.80%	$1,500	-	48 Month CD
0.65%	$1,500	-	36 Month CD
0.50%	$2,500	-	60 Day CD
0.50%	$1,500	-	30 Month CD
0.40%	$1,500	-	18 Month CD
0.40%	$1,500	-	24 Month CD
0.30%	$1,500	-	12 Month CD
0.20%	$2,500	-	6 Month CD
0.10%	$2,500	-	90 Day CD
0.05%	$2,500	-	7-31 Day CD

Rates updated: 5/27/2012

Data for Q1 2012

Institution Statistics

Southern Heritage Bank
FDIC Certificate #	35093
BankRate Report	View
Year Established	1999
Employees	63
Primary Regulator	FDIC
Assets and Liabilities
Assets	$226.94 million
Loans	$137.42 million
Deposits	$196.19 million
Equity Capital	$28.70 million
Loan Loss Allowance	$2.84 million
Unbacked Noncurrent Loans	$1.85 million
Real Estate Owned	$2.44 million
Historic Data - March 2011
Assets	$210.28 million
Equity Capital	$25.38 million
Loan Loss Allowance	$2.85 million
Unbacked Noncurrent Loans	$1.17 million
Real Estate Owned	$2.64 million
Profit Margin - Quarterly
Net Interest Margin	3.97%
Return on Assets	1.24%
Return on Equity	9.77%
Interest Income	$2.37 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 March 31, 2012 Southern Heritage Bank (TN) had $4.28 million in non-current loans and owned real-estate with $31.54 million in equity and loan loss allowances on hand to cover it. This gives Southern Heritage Bank (TN) a Texas Ratio of 13.57% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Southern Heritage Bank (TN) held steady from 13.50% as of March 31, 2011 to 13.57% as of March 31, 2012, resulting in a negative change of 0.52%. This indicates that the balance sheet and financial strength for Southern Heritage Bank (TN) has held steady in recent periods.
Deposit Growth
In the past year, Southern Heritage Bank (TN) has increased its total deposits by $14.17 million, resulting in 7.79% 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 Southern Heritage Bank (TN) 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. Southern Heritage Bank (TN) has $226.94 million in assets with $31.54 million in equity, resulting in a capitalization level of 13.90%, which is excellent.

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