# HERITAGE BANK
WOOD RIVER, NE · FDIC certificate 17145 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $611.6M | |
| Deposits | $420.5M | |
| Loans and leases | $299.3M | |
| Total equity | $138.7M | |
| Loans / deposits | 70.49% (p26 of band) | 82.04% |
| Liquid assets / assets | 49.42% (p92 of band) | |
| Uninsured deposits / deposits | 28.97% (p62 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 8.47% (p73 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 23.01% (p98 of band) | 10.81% |
| Unrealized securities loss / equity | -1.29% (p84 of band) | -8.10% |
| AOCI / equity | 0.10% (p85 of band) | |
| ROA (annualized) | 2.58% (p96 of band) | 1.28% |
| Net interest margin | 4.39% (p77 of band) | 3.91% |
| Efficiency ratio | 32.95% (p2 of band) | |
| Noncurrent loans | 1.18% (p77 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p35 of band) | |
| Reserve coverage of noncurrent | 80.60% | |
| Real estate % of loans | 64% | |
| Construction % of loans | 13.17% (p17 of band) | |
| Auto loans | $1.9M (0.64% of loans; DQ 0.05%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 1.7% | |
| Employees | 73 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | wholesale funding >15% |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 0 |  | wholesale funding >15% |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 1 | wholesale funding >15% | capital falling |
| 2013-09 | 1 |  |  |
| 2013-12 | 0 |  | wholesale funding >15% |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | wholesale funding >15% |  |
| 2017-03 | 0 |  | wholesale funding >15% |
| 2017-06 | 0 |  |  |
| 2017-09 | 1 | wholesale funding >15% |  |
| 2017-12 | 0 |  | wholesale funding >15% |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | assets shrinking |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | deposits shrinking |  |
| 2019-06 | 1 |  | deposits shrinking |
| 2019-09 | 1 | deposits shrinking | assets shrinking |
| 2019-12 | 0 |  | deposits shrinking |
| 2020-03 | 0 |  |  |
| 2020-06 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2020-09 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2020-12 | 0 |  |  |
| 2021-03 | 2 | capital falling, NIM <2.5% |  |
| 2021-06 | 1 |  | capital falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | assets shrinking |  |
| 2022-03 | 1 |  | assets shrinking |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 0 |  | NIM <2.5% |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 2 | deposits shrinking, assets shrinking |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 1 |  | assets shrinking |
| 2024-09 | 1 | uninsured deposits leaving | deposits shrinking |
| 2024-12 | 0 |  | uninsured deposits leaving |
| 2025-03 | 1 | reserve under noncurrent |  |
| 2025-06 | 0 |  | reserve under noncurrent |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | reserve under noncurrent |  |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-05-21 [Heritage Bank moves, receives branch approval - Spokane Journal of Business](https://news.google.com/rss/articles/CBMilgFBVV95cUxNTkdHVDNhS1pPcVhRMmFVVklUZEh5eFEtYk1UVnM2anBXVjl5VVFQUTJ3alJuZHlDQUZQY2V2Mlc0c0FVNWFvVXpZMDkyZ2ZJSF9NS2VMNHlTVDVjanpqeUhiYzF3Qk9aNVE4cldfZlJ5SGdQamZ0eDQ5M3lVd2hJMWNXd0RZNnVpSUZEVEhGYjRWN1pMR1E?oc=5) · Spokane Journal of Business
- 2026-04-03 [Port Orchard rethinks waterfront revival plan as Kitsap Bank charts a new path - Puget Sound Business Journal - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxOaS1JT3BrNEhFVE5Rb0NjZWY3SndUV0FUZ0ctNTZJdzdEVDM4aTZJZmU4bEpKODZKdFFZVXhxR21iV29HWWNZcldrM3BxLTZtMk5aVXROX1gzeEhoeFFNNjFUTFEyems4ZV9ycEMtTDBYaTMwaUpzV29KVm5oMXlBa0NyZ0tBMXBLRGFoaC1VR0dVRGswc1lLc1RiSXkzMHdFa0NEUkdLZw?oc=5) · The Business Journals
- 2026-08-26 [TRIUMPH at Heritage Bank Center! - qfm96.com](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5JWGdFcVRCcWhjbnpiYWlCMDg3MF9FLXluM1dQZjZJTW9ya1JiczVCczJmZUVOZ2hKRXBLVnhhQV9SVjhibTRORzEyRzBvWUdURFlodVkzX3RfbjlzYlVRQWJEaWZENEkz?oc=5) · qfm96.com
- 2025-12-11 [Plan for Kitsap Bank project ends, as city seeks new developer on Bay St. - Kitsap Sun](https://news.google.com/rss/articles/CBMixwFBVV95cUxPcjNBT3loUXNodFg0V2hpLW9ucXhqLVhVYWxlc2lSMENEUHdaNDRzQWdGWlhobDV5STFqdG9mdVNpNFctbWEtX0RYRWtvRnBmaS1VNjNpa0RnYzkzbS1Wd0xEWFBKcWhncm5mbHd0ZkxvUmwyRm1kT3MwTWpLS0owMDc3ZkxSUW1ibE5Zd1VtT2N2cFdoZzUxaXp4MEZ0aUNvS3lYQ0pSVENVbnJJaHMwY1FZRGljRW5DclRVYnUwcm04a1FGZ0ZN?oc=5) · Kitsap Sun
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-04-26 [New plan for The Banks included a modern arena. Here's who supports it - Cincinnati Enquirer](https://news.google.com/rss/articles/CBMivgFBVV95cUxQcWdVaWJJV2tha0hlYlBBX0gyanRnUVZqaF9MRVVBV2hKWWxrcWNoRWszSXhqcGJqWVR3SFRuRTY4ZWVUQjdaWmE4Um9xQ0VmSXh4bTQyX0l5N3oxdkRJa1NxdENJYjc3VGlKRk0wMFpFV0lxNnprdVZfckVEX0hlbThOZDNrRWE2Mmt6ZmhwTVAtRjdQdVVXUDFqaDk4eEpkcURrNG9NdGZvN1NCNE5vVUdueGh5dEpzaVh1VG53?oc=5) · Cincinnati Enquirer
- 2025-10-16 [The 6 a.m. CFO: How Heritage Bank’s Anna Kincannon starts her day - CFO.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPRHUyS2ZXSFVpZk4wOGdJb3RmNnYtdWt5cDJrTWg3WDdiVGcyTkt4Q0ZwRFZvb0kxN3BiSF9yMlpoRVF0TEZ4S0UxcTJUMnRBTzZoUi0ycXVsaFlsU1J1WW5valVjVV9rOUpuLXlpWFpUTEF1LURabVQ2TGd6UkxyXzA5ZE1OQU90TkJDU0w4VGlKeU9jd2RWY0NwMkVZUmxGV0UxaC1SUmg?oc=5) · CFO.com
- 2025-10-15 [Future of Heritage Bank Center back in question as plans evolve - WLWT](https://news.google.com/rss/articles/CBMikwFBVV95cUxPV0Zfd1MxSzNPeWNTb3pGNWxERXlfYlRIbEE4TkpEOEhxSEZBNElab2RzQ3pZYWZkS1JmVmZScC1NWHpWcEtYT0NmYmtIVVdQbEhfQ3Job2g4UlAzVG9xMVV5VnFnNDY5NVBDWmZRbmJWaGFnWVRWREU3YkYxSVpQR09Ed0VVUjhVQ3B5T1c2Q21sZkE?oc=5) · WLWT

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17145 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/57.json (key "17145", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide