Heartland National Bank in Sebring, Florida (FL)



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Heartland National Bank routing number info

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Heartland National Bank
GeneralFDIC Certificate #: 35052
Status: Active
Federal Reserve ID: 2800491
Bank Holding Company (Regulatory Top Holder): Heartland Bancshares, Inc. (RSSDID: 2800482, Location: Sebring, FL)
Date Established: September 07, 1999
WWW: http://www.heartlandnb.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 74356
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: September 07, 1999
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: July 06, 2010
Last Data Update: July 06, 2010
Data Source Date: April 05, 2012
LocationAddress: 320 U.S. Highway 27 North, Sebring, FL 33870
County: Highlands
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Tampa
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Sebring, FL (#42700)
CBSA Micro Statistical Area: Yes
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $278.1 mil
Equity capital: $25.3 mil
Deposits held in domestic offices: $249.6 mil
Return on assets (ROA): 0.48% ($1.3 mil)
Quarterly return on assets: 0.05% ($0.1 mil)
Return on Equity (ROE): 5.48% ($1.4 mil)
Quarterly return on equity: 0.56% ($0.1 mil)
Net income: $1.4 mil
Quarterly Net income: $0.0 mil
Pretax return on assets: 0.74% ($2,058.0 mil)
Quarterly Pretax return on assets: 0.04% ($111.2 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)51
Total assets$278,103
Cash and due from depository institutions$51,075
Interest-bearing balances$44,921
Securities$36,744
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$164,610
Loan loss allowance $4,512
Trading account assets$0
Bank premises and fixed assets$4,993
Other real estate owned$9,029
Goodwill and other intangibles$0
All other assets$11,652
Life insurance assets$278,103
Total liabilities and capital$252,830
Total liabilities$249,627
Total deposits$205,685
Interest-bearing deposits$249,627
Deposits held in domestic offices$89
% insured (estimated)1357.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,846
All other liabilities $25,273
Total equity capital$25,273
Total bank equity capital$25,273
Perpetual preferred stock$0
Common stock$3,000
Surplus$10,906
Undivided profits $11,367
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $1,105
Income earned, not collected on loans $6,759
Earning assets $0
Long-term assets (5+ years) $858
Average Assets, year-to-date $246,275
Average Assets, quarterly $31,545
Volatile liabilities $283,682
Insider loans $279,228
FHLB advances $184,647
Loans and leases held for sale $274,205
Unused loan commitments $5,895
Tier 1 (core) risk-based capital $2,059
Tier 2 risk-based capital $24,527
Total risk weighted assets $0
Total unused commitments $3,836
Restructured Loans and leases $25,818
Derivatives$6,027
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $11,677
Total interest expense $1,658
Net interest income $10,019
Provision for loan and lease losses $770
Total noninterest income $884
Fiduciary activities $0
Service charges on deposit accounts $332
Trading account gains & fees $0
Additional noninterest income $552
Total noninterest expense $8,175
Salaries and employee benefits $3,060
Premises and equipment expense $695
Additional noninterest expense $4,420
Pre-tax net operating income $1,958
Securities gains (losses) $134
Applicable income taxes $724
Income before extraordinary items $1,368
Extraordinary gains - net $0
Net income attributable to bank $1,368
Net charge-offs $0
Cash dividends $1,368
Sale, conversion, retirement of capital stock, net $1,825
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.59%
Cost of funding earning assets 0.65%
Net interest margin 3.94%
Noninterest income to earning assets 0.35%
Noninterest expense to earning assets 3.21%
Net operating income to assets 0.45%
Return on assets (ROA) 0.48%
Pretax return on assets 0.74%
Return on equity (ROE) 5.48%
Retained earnings to average equity (YTD only) 5.48%
Net charge-offs to loans 1.05%
Credit loss provision to net charge-offs 42.19%
Efficiency ratio1.49%
Assets per employee$74,979
Cash dividends to net income (YTD only)5.45%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.67%
Noncurrent assets plus other real estate owned to assets 66.76%
Noncurrent loans to loans 5.68%
Net loans and leases to deposits4.00%
Net loans and leases to core deposits 65.94%
Equity capital to assets 69.14%
Core capital (leverage) ratio 9.09%
Tier 1 risk-based capital ratio 8.94%
Total risk-based capital ratio 13.28%
Memoranda
Average assets$15
Average earning assets$283,682
Average equity $24,979
Average loans $254,387
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4 Florida Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
074356Heartland National Bank320 U.S. Highway 27 North, Sebring, FL 33870September 07, 1999Full Service Brick and Mortar
1290881Heartland Branch600 U.S. Highway 27 North, Lake Placid, FL 33862September 23, 1999Full Service Brick and Mortar
2359908Avon Park Branch800 West Main Street, Avon Park, FL 33825March 26, 2001Full Service Brick and Mortar
3440392North Sebring Branch5033 U S Hwy 27 N, Sebring, FL 33870April 13, 2005Full Service Brick and Mortar
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