Vitals
  • Total Assets
    1.9B 25.7 %
  • Total Deposits
    1.4B 12.8 %
  • Total Net Loans
    1.5B 53.5 %
  • Net Income
    -1104000.0000 -132.5 %
  • Book Value
    152.5M 29.1 %
  • Book Value x2
    304.9M 29.1 %
  • Book Value x3
    457.4M 29.1 %
ROAA

-.123

ROAE

-1.439

Efficiency Ratio

101.281

Net Interest Margin

4.863

Balance Sheet Highlights
Financial Highlights Heritage Bank Of The South All Insured Savings Banks in Georgia
Balance Sheet $(000)
Total Assets 1,863,572 379,155
Total Net Loans 1,478,399 277,052
Total Deposits 1,373,777 294,332
Total Equity 152,456 44,038
Profitability
Net Income -1,104 901
Return on Average Assets -.123 .622
Return on Average Equity -1.439 5.567
Net Interest Margin 4.863 3.971
Efficiency Ratio 101.281 83.7
Noninterest Income/Revenue 35.749 35.33
Balance Sheet Ratios
Loan-to-Deposit 107.616 87.595
Securities/Assets .096 .124
Total Equity/Total Assets .082 .116
Tangible Equity/Tangible Assets .067 .11
Capital Adequacy
Tier 1 Common Capital 142,952 43,143
Tier 1 Capital 142,952 43,143
Tier 2 Capital 10,857 2,791
Total Capital 153,809 45,934
Total Risk Weighted Assets 1,318,139 259,218
Leverage Ratio 7.91 13.149
Common Equity Tier 1 Capital Ratio 10.85 22.713
Tier 1 Capital Ratio 10.85 22.713
Total Capital Ratio 11.67 23.805

Timeline for Heritage Bank Of The South

Renasant Bank

Heritage Bank Of The South was acquired by Renasant Bank 8 years

View Profile Jul 01 2015

Alarion Bank

Acquisition: Heritage Bank Of The South acquired a new subsidiary, Alarion Bank, 9 years

View Profile Oct 01 2014

Frontier Bank

Acquisition: Heritage Bank Of The South acquired a new subsidiary, Frontier Bank, 11 years

View Profile Mar 09 2013

First Southern National Bank

Acquisition: Heritage Bank Of The South acquired a new subsidiary, First Southern National Bank, 12 years

View Profile Aug 20 2011

Citizens Bank Of Effingham

Acquisition: Heritage Bank Of The South acquired a new subsidiary, Citizens Bank Of Effingham, 13 years

View Profile Feb 19 2011

Want to see more?

Complete timeline for Heritage Bank Of The South is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Renasant Bank Buyer 8,520,287 Acquisition Discontinued 7/1/2015
Alarion Bank Seller 282,804 Acquisition Discontinued 10/1/2014
Frontier Bank Seller 258,840 Failure 3/9/2013
First Southern National Bank Seller 164,599 Failure 8/20/2011
Citizens Bank Of Effingham Seller 214,275 Failure 2/19/2011
The Tattnall Bank Seller 49,612 Failure 12/5/2009
Phoebe Putney Employees Credit Union Seller Discontinued 1/1/1990
Keenan Credit Union Seller Discontinued 1/1/1990
Brewery Empl Fcu Seller Discontinued 7/1/1985
Bobs Candies Empl Fcu Seller Discontinued 8/1/1983
Albany Proctor & Gamble Empl Fcu Seller Discontinued 2/1/1983
Firestone Albany Fcu Seller Discontinued 10/12/1982
Relationships Role Relationship Start Relationship End
Heritage Financial Group, Inc. Parent 7/21/2011 6/30/2015
Heritage Financial Group, Inc. Parent 11/30/2010 7/20/2011
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