Overview / Commentary
Heritage Bank, Inc. is headquartered in ERLANGER and is the 10th largest bank in the state of Kentucky. It is also the 652nd largest bank in the nation. It was established in 1990 and as of June of 2024, it had grown to 217 employees at 19 locations. Heritage Bank, Inc. has an A health rating.
Health
A
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 33119 |
| Year Established | 1990 |
| Employees | 217 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.79% |
| Return on Equity - YTD | 14.72% |
| Annual Interest Income | $42.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $1.74B$1.58B |
| Loans | Q2 2024vs Q2 2023 | $1.08B$988.7MM |
| Deposits | Q2 2024vs Q2 2023 | $1.61B$1.34B |
| Equity Capital | Q2 2024vs Q2 2023 | $94.9MM$81.1MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $11.6MM$13.6MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.2MM$1.1MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $58K$420K |
