Heritage Bank of the Ozarks

Headquarters

1475 South Jefferson
Lebanon, MO 65536
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.02% 0.95% →
1-Year CD 0.90% 1.01% →
2-Year CD 1.05% 0.95% →
5-Year CD 1.30% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Heritage Bank of the Ozarks is an FDIC insured institution located in Lebanon, MO. It was founded in 2003 and has approximately $0.16 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 57576
Date Established 2003
Assets $ 161.98 million
Loans $ 117.66 million
Deposits $ 132.54 million
Capital $ 14.98 million
 

For a more detailed analysis of Heritage Bank of the Ozarks's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.02% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.50% $10,000 $14,999 Learn More
3 Mo CD
0.50% $100,000 $199,999 Learn More
6 Mo CD
0.65% $10,000 $14,999 Learn More
6 Mo CD
0.65% $100,000 $199,999 Learn More
12 Mo CD
0.90% $10,000 $14,999 Learn More
12 Mo CD
0.90% $100,000 $199,999 Learn More
18 Mo CD
1.00% $10,000 $14,999 Learn More
18 Mo CD
1.00% $100,000 $199,999 Learn More
24 Mo CD
1.05% $10,000 $14,999 Learn More
24 Mo CD
1.05% $100,000 $199,999 Learn More
36 Mo CD
1.15% $10,000 $14,999 Learn More
36 Mo CD
1.15% $100,000 $199,999 Learn More
48 Mo CD
1.25% $10,000 $14,999 Learn More
48 Mo CD
1.25% $100,000 $199,999 Learn More
60 Mo CD
1.30% $10,000 $14,999 Learn More
60 Mo CD
1.30% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.02% $2,500 $3,499 Learn MoreShow Less
Checking Rates APY MIN FEE
Kasasa Cash 3.00% $0 $0.00 Learn MoreShow Less

Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Heritage Bank of the Ozarks

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.570% 2.500% 0.88 $2,312 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to Heritage Bank of the Ozarks
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Heritage Bank of the Ozarks branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Heritage Bank of the Ozarks Locations


Financial Details

Heritage Bank of the Ozarks Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Heritage Bank of the Ozarks. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Heritage Bank of the Ozarks U.S. Bank Average
1.42% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Heritage Bank of the Ozarks had $222,000 in non-current loans and $18,000 in owned real estate. To cover these potential losses it had $14,980,000 in equity and $1,877,000 in loans loss reserves. That gives it a Texas Ratio of 1.42%.

Return on Equity
Heritage Bank of the Ozarks U.S. Bank Average
7.07% 7.80%

Heritage Bank of the Ozarks has a Return on Equity of 7.07% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Heritage Bank of the Ozarks U.S. Bank Average
9.25% 12.68%

Heritage Bank of the Ozarks has a Capitalization of 9.25% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Heritage Bank of the Ozarks Balance Sheet Analysis

As of March 31, 2020, Heritage Bank of the Ozarks had assets of $161,978,000, loans of $117,663,000, and deposits of $132,536,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 8.07 million
Interest-bearing balances $ 6.05 million
Total securities $ 25.97 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 117.66 million
Loan loss allowance $ 1.88 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.02 million
Goodwill and other intangibles $ 0.01 million
All other assets $ 5.93 million
     Total Assets $ 147.00 million
LIABILITIES
Total deposits $ 132.54 million
      Interest-bearing deposits $ 106.55 million
      Deposits held in domestic offices $ 132.54 million
      % insured (estimated) 74.70%
Federal funds purchased and repurchase agreements $ 0.58 million
Trading liabilities N.A.
Other borrowed funds $ 12.23 million
Subordinated debt N.A.
All other liabilities $ 1.65 million
      Total Liabilities $ 147.00 million
      Shareholders’ Equity $ 14.98 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 1.92 million
Total Interest Expense $ 0.39 million
Net interest income $ 1.52 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 0.47 million
Total non interest expense $ 1.55 million
Pre-tax Net Operating Income $ 0.34 million

Bank Loan Profile?

The top three loan types in Heritage Bank of the Ozarks’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks, Heritage Bank of the Ozarks’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 25.60
Multifamily
Mortgages
1.53
Credit Card Loans 0.00
Consumer Auto Loans 2.42
Small Business Loans 0.00
Construction and Development Loans 9.73
Commercial Real Estate 17.01
Commercial and Industrial Loans 6.83
Farm Loans 5.38

Frequently Asked Questions About Heritage Bank Of The Ozarks

Branches and Savings

Is Heritage Bank Of The Ozarks FDIC insured?

Yes. It is covered under FDIC Certificate #57576.

Why does Heritage Bank Of The Ozarks pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Heritage Bank Of The Ozarks CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Heritage Bank Of The Ozarks a commercial bank?

Yes

Where are Heritage Bank Of The Ozarks locations?

See branch locations nearby.

Is Heritage Bank Of The Ozarks open on Saturdays?

Is Heritage Bank Of The Ozarks open on Sundays?

What time does Heritage Bank Of The Ozarks open?

What time does Heritage Bank Of The Ozarks close?

Are Heritage Bank Of The Ozarks ATMs Open 24/7?

Do Heritage Bank Of The Ozarks ATMs accept cash deposits?

Can Heritage Bank Of The Ozarks customers use other ATMs?

Do Heritage Bank Of The Ozarks branches have notaries?

Will Heritage Bank Of The Ozarks notarize my document?

What address for Heritage Bank Of The Ozarks should I put for incoming ACH transfers?

Will the Heritage Bank Of The Ozarks branch print checks?

Do Heritage Bank Of The Ozarks checks expire?

Does Heritage Bank Of The Ozarks require US citizenship to open account?

Can Heritage Bank Of The Ozarks close my account?

Does Heritage Bank Of The Ozarks Report to credit bureaus?

Does Heritage Bank Of The Ozarks Use Equifax?

What is Heritage Bank Of The Ozarks's ACH Routing Number?

What is Heritage Bank Of The Ozarks's SWIFT code?

Products

Does Heritage Bank Of The Ozarks offer mortgages?

Compare mortgage rates here.

Does Heritage Bank Of The Ozarks offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Heritage Bank Of The Ozarks offer personal loans?

Compare personal loan rates here.

Does Heritage Bank Of The Ozarks offer student loans?

Will Heritage Bank Of The Ozarks cash a check?

Will Heritage Bank Of The Ozarks redeem a savings bond?

Does Heritage Bank Of The Ozarks cash savings bonds?

Will Heritage Bank Of The Ozarks cash money orders?

Can Heritage Bank Of The Ozarks issue a money order?

Does Heritage Bank Of The Ozarks do currency exchange?

Background on The Bank

Who owns Heritage Bank Of The Ozarks?

How long has Heritage Bank Of The Ozarks been around?

Can Heritage Bank Of The Ozarks transfer to other banks?

Does Heritage Bank Of The Ozarks have quick pay?

Does Heritage Bank Of The Ozarks accept rolled coins?

Will Heritage Bank Of The Ozarks accept loose change?

Where is Heritage Bank Of The Ozarks headquarters?

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