Heritage Bank, Inc.
Major Rating Factors:
A current level of 1.5 percent of nonperforming loans to core capital combined with 2.4 percent from a year earlier contributes to the Excellent asset quality (7.9). Good current capitalization (6.5 on a scale of 0 to 10) based on a risk-based capital ratio of 11.8 and a capital leverage ratio of 8.5.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Fair (4.3) profitability.
Asset Mix:
Comm re (28%), securities (26%), comm loans (9%), home mtgs (7%), cash (5%), home eq lns (4%), consumer loans (0%), other (21%)
States with Branches:
KY, OH
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Heritage Bancorp, Inc.
Investment Rating
--
Address
1818 Florence Pike
Burlington, KY 41005
Burlington, KY 41005
Phone Number
(859) 586-9200
Year Founded
1990
FDIC Number
Website
Largest Affiliates
No affiliate information available.