Heritage Community Bank in Greeneville, Tennessee (TN)



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Heritage Community Bank routing number info

Table of contents:
Heritage Community Bank
GeneralFDIC Certificate #: 57656
Status: Active
Federal Reserve ID: 3224478
Date Established: December 03, 2003
WWW: http://www.hcbonline.us
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 419210
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: Yes
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: December 03, 2003
Last Structure Change Effective Date: December 13, 2006
Last Structure Change Process Date: December 13, 2006
Last Data Update: December 13, 2006
Data Source Date: April 05, 2012
LocationAddress: 114 West Church Street, Greeneville, TN 37745
County: Greene
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Knoxville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Greeneville, TN (#24620)
CBSA Micro Statistical Area: Yes
History of ChangesChange in Location
Financial SummaryTotal assets: $110.1 mil
Equity capital: $8.1 mil
Deposits held in domestic offices: $95.6 mil
Return on assets (ROA): -1.66% (-$1.8 mil)
Quarterly return on assets: -4.40% (-$4.8 mil)
Return on Equity (ROE): -20.45% (-$1.6 mil)
Quarterly return on equity: -56.73% (-$4.5 mil)
Net income: -$1.9 mil
Quarterly Net income: -$1.2 mil
Pretax return on assets: -1.66% (-$1,827.6 mil)
Quarterly Pretax return on assets: -4.40% (-$4,844.1 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)
Total employees (full-time equivalent)31
Total assets$110,094
Cash and due from depository institutions$6,741
Interest-bearing balances$2,603
Securities$4,526
Federal funds sold & reverse repurchase agreements$2,906
Net loans & leases$82,359
Loan loss allowance $1,255
Trading account assets$0
Bank premises and fixed assets$5,970
Other real estate owned$4,396
Goodwill and other intangibles$92
All other assets$3,104
Life insurance assets$110,094
Total liabilities and capital$101,983
Total liabilities$95,632
Total deposits$89,828
Interest-bearing deposits$95,632
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$6,000
Other borrowed funds $0
Subordinated debt $351
All other liabilities $8,111
Total equity capital$8,111
Total bank equity capital$8,111
Perpetual preferred stock$0
Common stock$1,692
Surplus$11,877
Undivided profits $-5,458
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $3,789
Earning assets $0
Long-term assets (5+ years) $407
Average Assets, year-to-date $92,394
Average Assets, quarterly $11,863
Volatile liabilities $117,399
Insider loans $112,476
FHLB advances $82,618
Loans and leases held for sale $111,479
Unused loan commitments $1,393
Tier 1 (core) risk-based capital $1,393
Tier 2 risk-based capital $7,986
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,362
Derivatives$2,283
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,095
Total interest expense $1,483
Net interest income $3,612
Provision for loan and lease losses $2,288
Total noninterest income $310
Fiduciary activities $0
Service charges on deposit accounts $193
Trading account gains & fees $0
Additional noninterest income $117
Total noninterest expense $3,578
Salaries and employee benefits $1,457
Premises and equipment expense $581
Additional noninterest expense $1,540
Pre-tax net operating income -$1,944
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$1,944
Extraordinary gains - net $0
Net income attributable to bank -$1,944
Net charge-offs $0
Cash dividends -$1,944
Sale, conversion, retirement of capital stock, net $2,533
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 assets5.13%
Cost of funding earning assets 1.49%
Net interest margin 3.64%
Noninterest income to earning assets 0.31%
Noninterest expense to earning assets 3.60%
Net operating income to assets -1.66%
Return on assets (ROA) -1.66%
Pretax return on assets -1.66%
Return on equity (ROE) -20.45%
Retained earnings to average equity (YTD only) -20.45%
Net charge-offs to loans 3.04%
Credit loss provision to net charge-offs 90.33%
Efficiency ratio0.14%
Assets per employee$90,948
Cash dividends to net income (YTD only)3.55%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.50%
Noncurrent assets plus other real estate owned to assets 33.12%
Noncurrent loans to loans 7.43%
Net loans and leases to deposits4.53%
Net loans and leases to core deposits 86.12%
Equity capital to assets 87.98%
Core capital (leverage) ratio 7.37%
Tier 1 risk-based capital ratio 7.16%
Total risk-based capital ratio 9.67%
Memoranda
Average assets$11
Average earning assets$117,399
Average equity $9,507
Average loans $99,282
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3 Tennessee Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0419210Heritage Community Bank114 West Church Street, Greeneville, TN 37745December 03, 2003Full Service Brick and Mortar
1423315Greeneville Branch3626 East Andrew Johnson Highway, Greeneville, TN 37745December 03, 2003Full Service Brick and Mortar
2453349Myers Street Branch1145 Myers Street, Greeneville, TN 37743December 12, 2005Full Service Brick and Mortar
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