# HERITAGE BANK
SAINT GEORGE, UT · FDIC certificate 28665 · asset band <$300M · latest filing 2015-09 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $14.6M | |
| Deposits | $0 | |
| Loans and leases | $0 | |
| Total equity | $14.4M | |
| Loans / deposits | 0.00% (p1 of band) | 73.61% |
| Liquid assets / assets | 92.14% (p99 of band) | |
| Uninsured deposits / deposits | – | 13.65% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p17 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 32.48% (p98 of band) | 10.70% |
| Unrealized securities loss / equity | 1.35% (p59 of band) | 0.86% |
| AOCI / equity | -7.70% (p0 of band) | |
| ROA (annualized) | 3.12% (p98 of band) | 0.84% |
| Net interest margin | 1.53% (p2 of band) | 3.64% |
| Efficiency ratio | 37.72% (p1 of band) | |
| Noncurrent loans | 0.00% (p7 of band) | 0.69% |
| Net charge-offs (annualized) | -0.15% (p3 of band) | |
| Reserve coverage of noncurrent | – | |
| Real estate % of loans | – | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $0 (– of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -100.0% | |
| Employees | 6 | |

## Flags firing in the latest filing

- **NIM <2.5%** (`earn_nim`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | brokered >10%, wholesale funding >15%, NIM <2.5%, reserve under noncurrent |  |
| 2011-06 | 4 |  |  |
| 2011-09 | 4 | uninsured deposits >50% | reserve under noncurrent |
| 2011-12 | 4 |  |  |
| 2012-03 | 5 | assets shrinking |  |
| 2012-06 | 6 | deposits shrinking |  |
| 2012-09 | 4 |  | assets shrinking, deposits shrinking |
| 2012-12 | 5 | deposits shrinking |  |
| 2013-03 | 8 | capital falling, noncurrent p90, reserve under noncurrent |  |
| 2013-06 | 7 | AOCI drag >20% of equity, uninsured deposits leaving | deposits shrinking, noncurrent p90, reserve under noncurrent |
| 2013-09 | 6 | deposits shrinking | capital falling, uninsured deposits leaving |
| 2013-12 | 6 |  |  |
| 2014-03 | 3 |  | uninsured deposits >50%, AOCI drag >20% of equity, deposits shrinking |
| 2014-06 | 5 | uninsured deposits >50%, capital falling |  |
| 2014-09 | 4 |  | capital falling |
| 2014-12 | 6 | noncurrent p90, reserve under noncurrent, deposits shrinking | brokered >10% |
| 2015-03 | 7 | assets shrinking |  |
| 2015-06 | 4 |  | uninsured deposits >50%, noncurrent p90, reserve under noncurrent |
| 2015-09 | 3 |  | wholesale funding >15% |

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

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-03-12 [PHOTOS | Cincinnati Cyclones fall to Utah Grizzlies 5-0 - The News Record](https://news.google.com/rss/articles/CBMi2AFBVV95cUxNWWFMYmgwTnNfZ2FDeTFvTWhOc0JXRVR1R2daWFY4akNDSWc2T2htUmJqOUUzQ0ZiQ25XUXAtTlZqTGl0WHZRaVZrZElLLXpRRjhZUUp3dk92czFHc2xzYUE5VmxFeWJZeGF6c0dwQ1YtTjZRVWlXMFUySHVCUnFOd2JoZWhVVzZMcm13UWxPal8tNmQwcndhSEVPS1hhYWVLT0FTQVo2X3NVUW9yVXBud1hLbTdtUDl3Ukt2UmVEeWpjUGtiX0I3WTdpd2dBaG40eUlBaVI1VFo?oc=5) · The News Record
- 2026-06-15 [GreatAmerica completes Heritage Bank acquisition, launches national bank - Corridor Business Journal](https://news.google.com/rss/articles/CBMiowFBVV95cUxOWXB3RGdfdHVlWENfLThKN3Z1OUR5ZENOd0FTZWxQcWRmbU1wZUFxUTdUVnRCekZrNVRxalNZcWRkMFJiMlJIWVVYaGF1aVd6TUF5bGJWb2Q4UmFIczRualNscFpEbTRETGlQemRfaDFsMHdLUDNieUFWVUNzOEEzS2lqMG5uNUVQbEowQWRnT1BGWEd3UlUzS2ZRR0xGMlJQYk5Z?oc=5) · Corridor Business Journal
- 2023-08-09 [Wheatland Bank to Join the Glacier Family of Banks - Lake Chelan Now](https://news.google.com/rss/articles/CBMigwFBVV95cUxORHBHUVhKdmprQWRrRjFqV3IzY0RPbWp1andjcUNQVjItekNFQzR0azlwRDZwbkdlbnhnNldOZ1JnLWYxaFJ3Z0ZjNXZoeGJ4S0dfd19EWDVpdzNoY3gtVE5aOWpCaVg5TWExMEZhWjVOZm55U3pRVjExS2ZjaXNuLV9nMA?oc=5) · Lake Chelan Now
- 2025-01-13 [Glacier Bancorp buys Bank of Idaho, folds it into Mountain West, others - BoiseDev](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE5RM2pRQXh2OGh6OE1hLXpzRmNLNEVHU1BqZUJSdUhsZVI2cWFFYUltdDR5aTBqV3BHWFoyQTJjaGdYOVFsVVJWSVBuemZ6QlNXcDFndUNoWjQwNEt1c0FTLW9fT3Izd3M?oc=5) · BoiseDev
- 2025-07-26 [America First CU To Acquire $1.35B Meadows Bank In Industry’s Second-Biggest Bank Buy - cutoday.info](https://news.google.com/rss/articles/CBMivgFBVV95cUxPY19MWTZpcmVKY0JnWW1mU2pQdWtySmJTX2sxU2JnWWdFRFZVUFNyTnBvUjA2TFpZejVJYjlyQ1dLRU54VHVvVlYxU09ZdGwySVh3MkFKZGRjeWhBaVFEMXNyajByQ3h1dWpVQ2FaRVlWT1B3NHpPUnJoU2RBWE1iWnZuTU1XaXZVcUIyazN4M1l6a0JkRG9uQnFkRWVXS0FabTBOYlhrM0tURVh2cnZPcWtIM1hrYUtfNDY4c0NB?oc=5) · cutoday.info
- 2020-07-23 [It's 'Painful' BoG Collapsed Agongo's Heritage Bank; 'I Wanted To See A Young Man Like Him Who Does Great Things' – Kweku Baako - Modern Ghana](https://news.google.com/rss/articles/CBMikgFBVV95cUxNbms2S0FLYlNhQTYzRUxRQkxZZm9KYlBGaVpiamxPMl9STS02T29uUmZGVklUM1daXzU0blV4Skh3OEs4YWc4bVR2UHVORTRySkI4aE91VVp3dEIxOEFOaG1nSVZITU9ZY3J4NGp5enFjeHQ2MEI4Z1VyQm5jejVjeklmSV9sSHM5V3JPMEpNamltQdIBkAFBVV95cUxQMklENzRvTmpGRkJULTA0WE1iUWNLVG0zd3RZYzBjRkl4ak9xUVNobVZDRFN2ZS1Cam10QmR4M09RYXV2aFd3MkROUklRTnE3MHVQUDk5TDBUbVRER2F1V1ZvU0ZmRGxmOExhS1ExVVpIT1NleWtnUEpIVWhCRWFYLUd2UEctZHRGRzhsM3JMaEo?oc=5) · Modern Ghana
- 2021-09-22 [Google Pay growth continues to explode, with dozens upon dozens of new banks signing on - Android Police](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRjVBSkRYUnhSaHFFUTJvZGt2X0R0RnZtcWp6MUUtQjR3R3RXNmc1Umo4Q3NaV0VKVVpsYTRCSVkzb0dfdmhWS05ZWnpQYWh6d3gzc0VVVzBCYXM0MnBCbG9kekdMdnBfZk9selhhTkhDV2pCMGxUNXVlNG5wMmpodURVQWxjanVxT0VhYQ?oc=5) · Android Police

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28665 (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 "28665", 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