Heritage Bank & Trust in Columbia, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches


Heritage Bank & Trust - Overview

  • General
  • FDIC Certificate #: 58220
    Status: Active
    Federal Reserve ID: 3429219
    Date Established: March 06, 2006
    WWW: http://www.heritagebankandtrust.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 442944
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 06, 2006
    Last Structure Change Effective Date: October 06, 2011
    Last Structure Change Process Date: October 06, 2011
    Last Data Update: October 06, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 217 South James M. Campbell Boulevard, Columbia, TN 38401
    County: Maury
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
    Core Based Statistical Area (CBSA): Columbia, TN (#17940)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $121.1 mil
    Equity capital: $7.2 mil
    Deposits held in domestic offices: $111.0 mil
    Return on assets (ROA): 0.38% ($0.5 mil)
    Quarterly return on assets: 0.01% ($0.0 mil)
    Return on Equity (ROE): 7.07% ($0.5 mil)
    Quarterly return on equity: 0.22% ($0.0 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.38% ($460.1 mil)
    Quarterly Pretax return on assets: 0.01% ($12.1 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
  • 27Total employees (full-time equivalent)
  • $121,071Total assets
  • $2,634Cash and due from depository institutions
  • $1,436Interest-bearing balances
  • $13,155Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $95,708Net loans & leases
  • $6,213Loan loss allowance
  • $0Trading account assets
  • $5,353Bank premises and fixed assets
  • $2,851Other real estate owned
  • $0Goodwill and other intangibles
  • $121,070Life insurance assets
  • $1,370All other assets
  • $113,871Total liabilities and capital
  • $111,018Total liabilities
  • $102,491Total deposits
  • $111,018Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 537.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,834Trading liabilities
  • $0Other borrowed funds
  • $482Subordinated debt
  • $7,199All other liabilities
  • $7,199Total equity capital
  • $7,199Total bank equity capital
  • $0Perpetual preferred stock
  • $1,748Common stock
  • $16,524Surplus
  • $-11,073Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,296Income earned, not collected on loans
  • $0Earning assets
  • $563Long-term assets (5+ years)
  • $110,299Average Assets, year-to-date
  • $22,241Average Assets, quarterly
  • $128,005Volatile liabilities
  • $122,706Insider loans
  • $97,916FHLB advances
  • $122,909Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,884Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,954Restructured Loans and leases
  • $4,119Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,412Total interest income
  • $1,501Total interest expense
  • $4,911Net interest income
  • $560Provision for loan and lease losses
  • $378Total noninterest income
  • $0Fiduciary activities
  • $362Service charges on deposit accounts
  • $0Trading account gains & fees
  • $16Additional noninterest income
  • $4,380Total noninterest expense
  • $1,570Salaries and employee benefits
  • $669Premises and equipment expense
  • $2,141Additional noninterest expense
  • $349Pre-tax net operating income
  • $139Securities gains (losses)
  • $0Applicable income taxes
  • $488Income before extraordinary items
  • $0Extraordinary gains - net
  • $488Net income attributable to bank
  • $0Net charge-offs
  • $488Cash dividends
  • $2,001Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.59%Yield on earning assets
  • 1.31%Cost of funding earning assets
  • 4.28%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 3.82%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.38%Return on assets (ROA)
  • 0.38%Pretax return on assets
  • 7.07%Return on equity (ROE)
  • 7.07%Retained earnings to average equity (YTD only)
  • 1.84%Net charge-offs to loans
  • 27.99%Credit loss provision to net charge-offs
  • 0.45%Efficiency ratio
  • 82,813Assets per employee
  • 4.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.10%Loss allowance to noncurrent loans
  • 50.53%Noncurrent assets plus other real estate owned to assets
  • 12.51%Noncurrent loans to loans
  • 12.06%Net loans and leases to deposits
  • 86.21%Net loans and leases to core deposits
  • 96.57%Equity capital to assets
  • 5.95%Core capital (leverage) ratio
  • 5.60%Tier 1 risk-based capital ratio
  • 7.03%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $128,005Average earning assets
  • $6,902Average equity
  • $114,615Average loans

List of branches

  • 2 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0442944Heritage Bank & Trust217 South James M. Campbell Boulevard, Columbia, TN 38401March 06, 2006Full Service Brick and Mortar
    1448912Northside Branch845 Nashville Highway, Columbia, TN 38401July 31, 2006Full Service Brick and Mortar

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