# HEARTLAND BANK
LITTLE ROCK, AR · FDIC certificate 28761 · asset band <$300M · latest filing 2017-12 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 9 (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 | $176.1M | |
| Deposits | $164.4M | |
| Loans and leases | $103.7M | |
| Total equity | $9.7M | |
| Loans / deposits | 61.78% (p28 of band) | 75.88% |
| Liquid assets / assets | 33.37% (p56 of band) | |
| Uninsured deposits / deposits | 9.87% (p25 of band) | 15.42% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 5.51% (p1 of band) | 10.88% |
| Unrealized securities loss / equity | -0.37% (p58 of band) | -0.66% |
| AOCI / equity | -0.85% (p7 of band) | |
| ROA (annualized) | -7.15% (p0 of band) | 0.85% |
| Net interest margin | 3.21% (p22 of band) | 3.74% |
| Efficiency ratio | 178.18% (p100 of band) | |
| Noncurrent loans | 17.90% (p100 of band) | 0.56% |
| Net charge-offs (annualized) | 8.83% (p100 of band) | |
| Reserve coverage of noncurrent | 11.52% | |
| Real estate % of loans | 33% | |
| Construction % of loans | 43.91% (p76 of band) | |
| Auto loans | $66,000 (0.06% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $1.1M (12% of equity) (p99 of band) | |
| Deposits YoY | -11.1% | |
| Employees | 22 | |

## Flags firing in the latest filing

- **leverage <7%** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2011-06 | 1 |  | loans exceed deposits |
| 2011-09 | 3 | loans exceed deposits, brokered >10% |  |
| 2011-12 | 1 |  | loans exceed deposits, brokered >10% |
| 2012-03 | 3 | loans exceed deposits, reserve under noncurrent |  |
| 2012-06 | 3 |  |  |
| 2012-09 | 1 |  | wholesale funding >15%, loans exceed deposits |
| 2012-12 | 2 | brokered >10%, wholesale funding >15% | reserve under noncurrent |
| 2013-03 | 2 | capital falling | wholesale funding >15% |
| 2013-06 | 4 | wholesale funding >15%, liquid assets <10% |  |
| 2013-09 | 2 |  | capital falling, wholesale funding >15% |
| 2013-12 | 3 | wholesale funding >15% |  |
| 2014-03 | 0 |  | brokered >10%, liquid assets <10%, wholesale funding >15% |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 0 |  | capital falling |
| 2015-09 | 3 | loans exceed deposits, noncurrent p90, reserve under noncurrent |  |
| 2015-12 | 4 | brokered >10%, charge-offs p90 | loans exceed deposits |
| 2016-03 | 6 | capital falling, losing money, uninsured deposits leaving | brokered >10% |
| 2016-06 | 6 | deposits shrinking, assets shrinking | capital falling, losing money |
| 2016-09 | 5 |  | deposits shrinking |
| 2016-12 | 7 | losing money, deposits shrinking |  |
| 2017-03 | 12 | leverage <7%, leverage <5%, capital falling, expense ratio p90 |  |
| 2017-06 | 12 |  |  |
| 2017-09 | 12 |  |  |
| 2017-12 | 9 |  | leverage <5%, capital falling |

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

- 2017-08-29 [Simmons takes over Little Rock-based Heartland with undisclosed bid - Northwest Arkansas Democrat-Gazette](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPVWJfZU9OLUswQWtaYVBzSE1ZREU2LVpUUGFDSmdKRzMzS0lYUkxnTzdxSk5IWFpxSDg4a3ZhdnpmdV82RWhUOEpVSlp2b0FYRl9keGR2dHlsVUlaa1ZWN1hJbXk4SVJILWJTQlpTUC1XNWpZcmRNalVUVVo1THVuNjJaQmhaT2NqbUQw?oc=5) · Northwest Arkansas Democrat-Gazette
- 2015-10-26 [Judy Lawton, Heartland Bank (Bank CFO Finalist) - Arkansas Business](https://news.google.com/rss/articles/CBMijwFBVV95cUxNWnAwOU9ZZzZFMGRqaDVkbWJHNGt2UURPeWh4XzJSQmNSOFFPYkhxTExoYTJuTS1JNE9EeENGS3doV0t1X25DMWlaV0VOVkhjcGJXVUl4LTExcHB1RFh2T0FEUHdENHZDU3M5NXlySXo1VFhHTjJ3VGw5eTl1SHlHVzV6MVJOMHp4S0JvbjQ4NA?oc=5) · Arkansas Business
- 2016-08-22 [Three Arkansas banks face fatally low capital, and credit issues remain for Pinnacle, Heartland banks - Talk Business & Politics](https://news.google.com/rss/articles/CBMizgFBVV95cUxQdG9NdGFLVXpuSXNtcmJySGVkdlg0VXF2NF9yS21iY19uUHdkRS1iRURHNFhteVowTkktX3d5dXRORURQaXNYWkdfQmJVdmotN1RLbC02elFTd19Ca29tRjV5OGNiTEpxRmxXR0NFUHRUeGxhUEhncENmbmxzejdSbHZUcEo5VXpGNzZGYTV0WHdyY0p2ejFjVkNidmVvUEREZ3J1NWxHcVI3aDNBZl83d1FmVmxtNWFqNGNzT1VscW9UX0pfNGFkU1ZldGxtUQ?oc=5) · Talk Business &amp; Politics
- 2026-02-04 [Forbes 2026 America's Best Banks List | Top Ranked and Rated - Forbes](https://news.google.com/rss/articles/CBMiXkFVX3lxTFBrbWc0QzhhUnVtRVhDWVM4bl9kLTh0NC03SDNEQjRLNkRVdmphMWItazhVejNfLTBNLTBDaDZDMXJJdWpfbzJCNVo4MnVOSGk0YVRTN3ZXbnVqdVRvcGc?oc=5) · Forbes
- 2024-07-31 [Heartland Bank CEO Scott McComb says founder would have been proud of merger - The Business Journals](https://news.google.com/rss/articles/CBMimwFBVV95cUxQdDF3bXVISFJVRVV4eG5GeGFkZF9ZRWE3OFhsUVBHZlppNUtiM2NBNl83Sm9idHBhbmktMEpveUMwZm41LThxTDN5WVhlMnBud3ZrbHBSYndMU1RpMVpkOHZ6aXpyS1gzV1VkZi1VcGxJVWNJWHBUcjR2U3B6b2dmRGk3QTBhQV9JQVRqRkZtUWw5ZEY0dTVBVFBFcw?oc=5) · The Business Journals
- 2021-08-05 [Gallery: 29 of the Best Annual Reports in Banking - The Financial Brand](https://news.google.com/rss/articles/CBMinAFBVV95cUxObjBvaWxrSlFQbEVINWhUMFQybER5elJmdGZES1otYlRWRnE2Z0djaUtUd2paOU84LUYydjd5S1NmZWFkRFJ3d3RrLTU5cnZEQXFUOVZibWkzNktrc253b2xfM0xuaXkzT0liNGc0akNXV1BDNTd4UklUNVcwR25LczlQVXA3S2tVUE9IN1dYLVRQZTl6RHEwbnRHVDU?oc=5) · The Financial Brand
- 2024-08-21 [Cryptocurrency 'pig butchering' scam wrecks Kansas bank, sends ex-CEO to prison for 24 years - CNBC](https://news.google.com/rss/articles/CBMiigFBVV95cUxNbFNvZDVRNEQ5NE5kN1ZhVVFWZEx5Q1JLX1QzYkE3NHJjdTJZdmxPNDBSOTBRWHByRnlxSmpPX2djT25iSkRySm55MVRXNVhfUUVnS2NPVnJMWlFpWkEtTTZvdENRc1FqbkJLZVU0NHdVM3RXeUpWYTF2LVJueXFvb21BZ1hjUXYwdFHSAY8BQVVfeXFMUHo0R253TXR4b0xtaWhZWm9mUkt6ZzNHam5KcUZpMlJ2X3pGSU1vTnczVWNfXy1aOXRzR3A0cGdBaDRva05mY1JTS2ViQUF2Q043WDRYRWV5ZzcydWloNkxGdnJpSl9UcjRNUDhSckk3eE44cjVhOEdpaW5nMDJGRjRMOEFfb18zM3ZSQzkzTEk?oc=5) · CNBC
- 2018-03-13 [Relyance Bank acquires Heartland Bank branches - Northwest Arkansas Democrat-Gazette](https://news.google.com/rss/articles/CBMilAFBVV95cUxQbS1LTnFaOEFJLVdoSU03NDNnNEd0VFkxUzc1YXBicG54VEtNUm5BRXlnRzFsTkVBTTd5RmVxSXZBSFRNX2FpUDNsNEZBeHI0OU52ODhqNVFEVGtibjNtVW9nc0RXWHBSVTlSaDcxQlBTVmowUTNqbXF3SlFVdmlQbGQwSVR5NWFrSnZvb3d4N1VsQzQw?oc=5) · Northwest Arkansas Democrat-Gazette

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28761 (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/25.json (key "28761", 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