Heritage Community Bank in Greeneville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Heritage Community Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Location
  • Financial Summary
  • Total 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
  • 31Total employees (full-time equivalent)
  • $110,094Total assets
  • $6,741Cash and due from depository institutions
  • $2,603Interest-bearing balances
  • $4,526Securities
  • $2,906Federal funds sold & reverse repurchase agreements
  • $82,359Net loans & leases
  • $1,255Loan loss allowance
  • $0Trading account assets
  • $5,970Bank premises and fixed assets
  • $4,396Other real estate owned
  • $92Goodwill and other intangibles
  • $110,094Life insurance assets
  • $3,104All other assets
  • $101,983Total liabilities and capital
  • $95,632Total liabilities
  • $89,828Total deposits
  • $95,632Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $351Subordinated debt
  • $8,111All other liabilities
  • $8,111Total equity capital
  • $8,111Total bank equity capital
  • $0Perpetual preferred stock
  • $1,692Common stock
  • $11,877Surplus
  • $-5,458Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,789Income earned, not collected on loans
  • $0Earning assets
  • $407Long-term assets (5+ years)
  • $92,394Average Assets, year-to-date
  • $11,863Average Assets, quarterly
  • $117,399Volatile liabilities
  • $112,476Insider loans
  • $82,618FHLB advances
  • $111,479Loans and leases held for sale
  • $1,393Unused loan commitments
  • $1,393Tier 1 (core) risk-based capital
  • $7,986Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,362Restructured Loans and leases
  • $2,283Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,095Total interest income
  • $1,483Total interest expense
  • $3,612Net interest income
  • $2,288Provision for loan and lease losses
  • $310Total noninterest income
  • $0Fiduciary activities
  • $193Service charges on deposit accounts
  • $0Trading account gains & fees
  • $117Additional noninterest income
  • $3,578Total noninterest expense
  • $1,457Salaries and employee benefits
  • $581Premises and equipment expense
  • $1,540Additional noninterest expense
  • -$1,944Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,944Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,944Net income attributable to bank
  • $0Net charge-offs
  • -$1,944Cash dividends
  • $2,533Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.13%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 3.64%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 3.60%Noninterest expense to earning assets
  • -1.66%Net operating income to assets
  • -1.66%Return on assets (ROA)
  • -1.66%Pretax return on assets
  • -20.45%Return on equity (ROE)
  • -20.45%Retained earnings to average equity (YTD only)
  • 3.04%Net charge-offs to loans
  • 90.33%Credit loss provision to net charge-offs
  • 0.14%Efficiency ratio
  • 90,948Assets per employee
  • 3.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 33.12%Noncurrent assets plus other real estate owned to assets
  • 7.43%Noncurrent loans to loans
  • 4.53%Net loans and leases to deposits
  • 86.12%Net loans and leases to core deposits
  • 87.98%Equity capital to assets
  • 7.37%Core capital (leverage) ratio
  • 7.16%Tier 1 risk-based capital ratio
  • 9.67%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $117,399Average earning assets
  • $9,507Average equity
  • $99,282Average loans

List of branches

  • 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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