Vitals
  • Total Assets
    526.1M 2.7 %
  • Total Deposits
    482.4M -0.5 %
  • Total Net Loans
    247.7M -10.4 %
  • Net Income
    -4276000.0000 -92.5 %
  • Book Value
    42.4M 61.7 %
  • Book Value x2
    84.7M 61.7 %
  • Book Value x3
    127.0M 61.7 %
ROAA

-1.09

ROAE

-16.723

Efficiency Ratio

87.013

Net Interest Margin

3.036

Balance Sheet Highlights
Financial Highlights The Heritage Bank All Insured Commercial Banks in Georgia
Balance Sheet $(000)
Total Assets 526,116 247,607
Total Net Loans 247,704 156,011
Total Deposits 482,352 212,199
Total Equity 42,350 27,648
Profitability
Net Income -4,276 2,180
Return on Average Assets -1.09 1.008
Return on Average Equity -16.723 9.016
Net Interest Margin 3.036 4.028
Efficiency Ratio 87.013 71.784
Noninterest Income/Revenue 42.618 19.036
Balance Sheet Ratios
Loan-to-Deposit 51.353 72.795
Securities/Assets .267 .165
Total Equity/Total Assets .08 .112
Tangible Equity/Tangible Assets .08 .11
Capital Adequacy
Tier 1 Common Capital 42,631 25,721
Tier 1 Capital 42,631 25,796
Tier 2 Capital 4,079 1,898
Total Capital 46,710 27,748
Total Risk Weighted Assets 325,891 168,792
Leverage Ratio 8.17 10.74
Common Equity Tier 1 Capital Ratio 13.08 16.222
Tier 1 Capital Ratio 13.08 16.316
Total Capital Ratio 14.33 17.473

Timeline for The Heritage Bank

Peoples Bank

Acquisition: The Heritage Bank acquired a new subsidiary, Peoples Bank, 16 years

View Profile Aug 17 2007

Cumberland National Bank

Acquisition: The Heritage Bank acquired a new subsidiary, Cumberland National Bank, 20 years

View Profile Sep 26 2003

Liberty Shares, Inc.

Liberty Shares, Inc. became a new parent organization for The Heritage Bank.

View Profile Dec 31 1984

The Heritage Bank

The Heritage Bank was established 112 years ago and is currently headquartered in Hinesville, GA.

Nov 15 1911
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Peoples Bank Seller 198,666 Pooling of Interests Discontinued 8/17/2007
Cumberland National Bank Seller 51,280 Acquisition Discontinued 9/26/2003
Relationships Role Relationship Start Relationship End
Liberty Shares, Inc. Parent 12/31/1984
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