The Heritage Bank

The Heritage Bank is headquartered in Hinesville and is the 19^st largest bank in the state of Georgia. It is also the 769^th largest bank in the nation. It was established in 1911 and as of March of 2012, it had grown to 306 employees at 32 locations. The Heritage Bank has a 1-star health rating.

Data for Q1 2012

Institution Statistics The Heritage Bank FDIC Certificate # 193 BankRate Report View Year Established 1911 Employees 306 Primary Regulator FDIC Assets and Liabilities Assets $859.07 million Loans $494.72 million Deposits $789.74 million Equity Capital $30.06 million Loan Loss Allowance $22.44 million Unbacked Noncurrent Loans $74.17 million Real Estate Owned $27.44 million Historic Data - March 2011 Assets $933.10 million Equity Capital $43.32 million Loan Loss Allowance $26.59 million Unbacked Noncurrent Loans $60.88 million Real Estate Owned $19.19 million Profit Margin - Quarterly Net Interest Margin 2.66% Return on Assets -1.31% Return on Equity -35.88% Interest Income $7.68 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 The Heritage Bank had $101.61 million in non-current loans and owned real-estate with $52.5 million in equity and loan loss allowances on hand to cover it. This gives The Heritage Bank a Texas Ratio of 193.57% 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 The Heritage Bank increased slightly from 111.18% as of March 31, 2011 to 193.57% as of March 31, 2012, resulting in a negative change of 74.10%. This indicates that the balance sheet and financial strength for The Heritage Bank has declined slightly in recent periods. Deposit Growth In the past year, The Heritage Bank has decreased its total deposits by -$59.13 million, resulting in -6.97% 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 The Heritage Bank 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. The Heritage Bank has $859.07 million in assets with $52.5 million in equity, resulting in a capitalization level of 6.11%, which is below average.

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