Vitals
  • Total Assets
    702.0M 17.7 %
  • Total Deposits
    606.9M 19.4 %
  • Total Net Loans
    468.7M 12.5 %
  • Net Income
    6.1M 14.4 %
  • Book Value
    64.4M 6.3 %
  • Book Value x2
    128.8M 6.3 %
  • Book Value x3
    193.2M 6.3 %
ROAA

.972

ROAE

9.597

Efficiency Ratio

62.865

Net Interest Margin

4.027

Balance Sheet Highlights
Financial Highlights Heritage Bank, Inc. All Insured Commercial Banks in Kentucky
Balance Sheet $(000)
Total Assets 702,041 275,102
Total Net Loans 468,711 177,820
Total Deposits 606,946 227,063
Total Equity 64,398 30,287
Profitability
Net Income 6,117 2,592
Return on Average Assets .972 .944
Return on Average Equity 9.597 8.074
Net Interest Margin 4.027 3.847
Efficiency Ratio 62.865 70.925
Noninterest Income/Revenue 13.472 17.219
Balance Sheet Ratios
Loan-to-Deposit 77.225 76.952
Securities/Assets .208 .219
Total Equity/Total Assets .092 .11
Tangible Equity/Tangible Assets .091 .107
Capital Adequacy
Tier 1 Common Capital 63,250 29,354
Tier 1 Capital 63,250 29,354
Tier 2 Capital 5,838 2,092
Total Capital 69,088 31,454
Total Risk Weighted Assets 578,768 190,479
Leverage Ratio 9.33 11.285
Common Equity Tier 1 Capital Ratio 10.93 17.115
Tier 1 Capital Ratio 10.93 17.115
Total Capital Ratio 11.94 18.174

Timeline for Heritage Bank, Inc.

Heritage Investcorp, Inc.

Heritage Investcorp, Inc. became a new subsidiary organization for Heritage Bank, Inc..

View Profile Jul 14 2015

Farmers National Bank

Acquisition: Heritage Bank, Inc. acquired a new subsidiary, Farmers National Bank, 12 years

View Profile Apr 07 2012

Heritage Bancorp, Inc.

Heritage Bancorp, Inc. became a new parent organization for Heritage Bank, Inc..

View Profile Feb 06 1995

Heritage Bank, Inc.

Heritage Bank, Inc. was established 33 years ago and is currently headquartered in Erlanger, KY.

Sep 04 1990
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Farmers National Bank Seller 86,960 Acquisition Discontinued 4/7/2012
Relationships Role Relationship Start Relationship End
Heritage Bancorp, Inc. Parent 2/6/1995
Heritage Investcorp, Inc. Subsidary 7/14/2015
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