Heritage Bank of the Ozarks is headquartered in Lebanon and is the 104th largest bank in the state of Missouri. It is also the 2,732nd largest bank in the nation. It was established in 2003 and as of June of 2022, it had grown to 53 employees at 3 locations. Heritage Bank of the Ozarks' money market rates are 14% higher than the national average, and it has an A health rating.
STAY AWAY!
Promises high returns on deposits, but online access to funds for this out-of-the-way bank is TERRIBLE. Nearly every time one tries to access the account the online banking website is malfunctioning - leaving the depositor in the lurch and unable to access their funds! After 3 months and only 3-4 successful log-ins without having to make a call to their IT department, I'm closing my account.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57576 |
| Year Established | 2003 |
| Employees | 53 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.2% |
| Return on Equity - YTD | 14.27% |
| Annual Interest Income | $4.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $255.7MM$233.0MM |
| Loans | Q2 2022vs Q2 2021 | $178.0MM$166.2MM |
| Deposits | Q2 2022vs Q2 2021 | $232.7MM$204.2MM |
| Equity Capital | Q2 2022vs Q2 2021 | $20.5MM$19.9MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $2.2MM$2.1MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $142.00K$169.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |