Heritage Community Bank

Headquarters

First And Main
Chamois, MO 65024
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.60% →
1-Year CD 0.60% 1.55% →
2-Year CD 0.95% 1.45% →
5-Year CD 1.25% 1.66% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Heritage Community Bank is an FDIC insured institution located in Chamois, MO. It was founded in 1935 and has approximately $0.15 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 15282
Date Established 1935
Assets $ 146.21 million
Loans $ 125.48 million
Deposits $ 123.65 million
Capital $ 14.66 million
 

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

Deposit Rates - June 4, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $1 $5,000 Learn More
Money Market
0.20% $1 $10,000 Learn More
Money Market
0.25% $10,001 $20,000 Learn More
Money Market
0.30% $20,001 $50,000 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.25% $1,000 - Learn More
6 Mo CD
0.30% $1,000 - Learn More
12 Mo CD
0.60% $1,000 - Learn More
18 Mo CD
0.75% $1,000 - Learn More
24 Mo CD
0.95% $1,000 - Learn More
30 Mo CD
0.95% $1,000 - Learn More
36 Mo CD
1.01% $1,000 - Learn More
48 Mo CD
1.05% $1,000 - Learn More
60 Mo CD
1.25% $1,000 - Learn More

Variable IRA Rates APY MIN MAX
Var IRA
0.50% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $10,000 Learn MoreShow Less

Loan Rates - June 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Heritage Community Bank

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




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.019% 3.000% 0.25 $625 $1,055 Learn More

Note to Heritage Community Bank
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Branches

Heritage Community Bank 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:
Ashburn,Virginia


Heritage Community Bank Locations


Financial Details

Heritage Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Heritage Community Bank. 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
Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
Heritage Community Bank U.S. Bank Average
10.96% 6.51%

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 December 31, 2019, Heritage Community Bank had $1,176,000 in non-current loans and $625,000 in owned real estate. To cover these potential losses it had $14,660,000 in equity and $1,779,000 in loans loss reserves. That gives it a Texas Ratio of 10.96%.

Return on Equity
Heritage Community Bank U.S. Bank Average
11.2% 9.41%

Heritage Community Bank has a Return on Equity of 11.2% versus the BestCashCow average of 9.41%. 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 Community Bank U.S. Bank Average
10.03% 12.82%

Heritage Community Bank has a Capitalization of 10.03% versus the BestCashCow average of 12.82. 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 Community Bank Balance Sheet Analysis

As of December 31, 2019, Heritage Community Bank had assets of $146,206,000, loans of $125,478,000, and deposits of $123,652,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 6.13 million
Interest-bearing balances $ 3.00 million
Total securities $ 6.78 million
Federal funds sold and reverse repurchase $ 0.02 million
Net loans and leases $ 125.48 million
Loan loss allowance $ 1.78 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.63 million
Goodwill and other intangibles $ 0.40 million
All other assets $ 3.90 million
     Total Assets $ 131.55 million
LIABILITIES
Total deposits $ 123.65 million
      Interest-bearing deposits $ 106.69 million
      Deposits held in domestic offices $ 123.65 million
      % insured (estimated) 87.52%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 7.00 million
Subordinated debt N.A.
All other liabilities $ 0.89 million
      Total Liabilities $ 131.55 million
      Shareholders’ Equity $ 14.66 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 7.24 million
Total Interest Expense $ 1.80 million
Net interest income $ 5.43 million
Provision for loan and lease losses $ 0.22 million
Total non interest income $ 0.81 million
Total non interest expense $ 4.47 million
Pre-tax Net Operating Income $ 1.56 million

Bank Loan Profile?

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

Compared to other banks in Missouri, Heritage Community Bank has a significantly higher percent of Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.

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 32.28
Multifamily
Mortgages
1.55
Credit Card Loans 0.00
Consumer Auto Loans 0.89
Small Business Loans 11.84
Construction and Development Loans 15.94
Commercial Real Estate 18.50
Commercial and Industrial Loans 14.04
Farm Loans 2.60

Frequently Asked Questions About Heritage Community Bank

Branches and Savings

Is Heritage Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #15282.

Why does Heritage Community Bank pay such low interest on savings accounts?

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

Why are Heritage Community Bank CD rates not competitive?

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

Is Heritage Community Bank a commercial bank?

Yes

Where are Heritage Community Bank locations?

See branch locations nearby.

Is Heritage Community Bank open on Saturdays?

Is Heritage Community Bank open on Sundays?

What time does Heritage Community Bank open?

What time does Heritage Community Bank close?

Are Heritage Community Bank ATMs Open 24/7?

Do Heritage Community Bank ATMs accept cash deposits?

Can Heritage Community Bank customers use other ATMs?

Do Heritage Community Bank branches have notaries?

Will Heritage Community Bank notarize my document?

What address for Heritage Community Bank should I put for incoming ACH transfers?

Will the Heritage Community Bank branch print checks?

Do Heritage Community Bank checks expire?

Does Heritage Community Bank require US citizenship to open account?

Can Heritage Community Bank close my account?

Does Heritage Community Bank Report to credit bureaus?

Does Heritage Community Bank Use Equifax?

What is Heritage Community Bank's ACH Routing Number?

What is Heritage Community Bank's SWIFT code?

Products

Does Heritage Community Bank offer mortgages?

Compare mortgage rates here.

Does Heritage Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Heritage Community Bank offer personal loans?

Compare personal loan rates here.

Does Heritage Community Bank offer student loans?

Will Heritage Community Bank cash a check?

Will Heritage Community Bank redeem a savings bond?

Does Heritage Community Bank cash savings bonds?

Will Heritage Community Bank cash money orders?

Can Heritage Community Bank issue a money order?

Does Heritage Community Bank do currency exchange?

Background on The Bank

Who owns Heritage Community Bank?

How long has Heritage Community Bank been around?

Can Heritage Community Bank transfer to other banks?

Does Heritage Community Bank have quick pay?

Does Heritage Community Bank accept rolled coins?

Will Heritage Community Bank accept loose change?

Where is Heritage Community Bank headquarters?

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