# HERITAGE BANK
TOPEKA, KS · FDIC certificate 57548 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (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 | $324.9M | |
| Deposits | $278.6M | |
| Loans and leases | $238.0M | |
| Total equity | $36.1M | |
| Loans / deposits | 84.25% (p57 of band) | 82.04% |
| Liquid assets / assets | 24.25% (p49 of band) | |
| Uninsured deposits / deposits | 34.71% (p78 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 2.93% (p47 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.94% (p32 of band) | 10.81% |
| Unrealized securities loss / equity | -0.46% (p91 of band) | -8.10% |
| AOCI / equity | -0.71% (p33 of band) | |
| ROA (annualized) | 1.74% (p77 of band) | 1.28% |
| Net interest margin | 4.39% (p77 of band) | 3.91% |
| Efficiency ratio | 50.63% (p20 of band) | |
| Noncurrent loans | 1.28% (p79 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p17 of band) | |
| Reserve coverage of noncurrent | 105.88% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 46.73% (p53 of band) | |
| Auto loans | $18.2M (7.63% of loans; DQ 1.71%, NCO -0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 112.8% | |
| Employees | 47 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | loans exceed deposits, liquid assets <10%, leverage <7%, losing money, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 7 | expense ratio p90, charge-offs p90 | reserve under noncurrent |
| 2011-09 | 7 | capital falling | construction >100% equity |
| 2011-12 | 5 |  | liquid assets <10%, capital falling |
| 2012-03 | 5 | noncurrent p90, reserve under noncurrent, deposits shrinking, assets shrinking | loans exceed deposits, losing money, expense ratio p90, charge-offs p90 |
| 2012-06 | 11 | loans exceed deposits, liquid assets <10%, leverage <5%, losing money, charge-offs p90, construction >100% equity | noncurrent p90 |
| 2012-09 | 9 | capital falling | deposits shrinking, loans exceed deposits, liquid assets <10% |
| 2012-12 | 9 | loans exceed deposits, liquid assets <10%, expense ratio p90, noncurrent p90 | leverage <5%, construction >100% equity, capital falling |
| 2013-03 | 2 |  | leverage <7%, assets shrinking, losing money, charge-offs p90, loans exceed deposits, expense ratio p90, noncurrent p90 |
| 2013-06 | 4 | leverage <7%, losing money, expense ratio p90, charge-offs p90 | reserve under noncurrent, liquid assets <10% |
| 2013-09 | 4 |  |  |
| 2013-12 | 4 |  |  |
| 2014-03 | 3 | capital falling | losing money, expense ratio p90 |
| 2014-06 | 4 | losing money, expense ratio p90 | capital falling |
| 2014-09 | 4 |  |  |
| 2014-12 | 4 |  |  |
| 2015-03 | 3 |  | charge-offs p90 |
| 2015-06 | 1 |  | losing money, expense ratio p90 |
| 2015-09 | 4 | losing money, expense ratio p90, charge-offs p90 |  |
| 2015-12 | 4 | capital falling | charge-offs p90 |
| 2016-03 | 0 |  | leverage <7%, losing money, expense ratio p90, capital falling |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | expense ratio p90 |  |
| 2017-03 | 2 | deposits shrinking, uninsured deposits leaving | expense ratio p90 |
| 2017-06 | 0 |  | deposits shrinking, uninsured deposits leaving |
| 2017-09 | 2 | capital falling, charge-offs p90 |  |
| 2017-12 | 2 | expense ratio p90 | charge-offs p90 |
| 2018-03 | 3 | losing money |  |
| 2018-06 | 2 |  | capital falling |
| 2018-09 | 1 |  | losing money |
| 2018-12 | 2 | capital falling |  |
| 2019-03 | 2 | uninsured deposits leaving | expense ratio p90 |
| 2019-06 | 1 |  | uninsured deposits leaving |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 2 | charge-offs p90 |  |
| 2021-03 | 1 |  | charge-offs p90 |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 2 | loans exceed deposits, reserve under noncurrent |  |
| 2023-12 | 1 |  | reserve under noncurrent |
| 2024-03 | 2 | capital falling, construction >100% equity | loans exceed deposits |
| 2024-06 | 3 | loans exceed deposits |  |
| 2024-09 | 2 |  | loans exceed deposits |
| 2024-12 | 3 | loans exceed deposits |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 1 | reserve under noncurrent | capital falling, construction >100% equity, loans exceed deposits |
| 2025-12 | 0 |  | reserve under noncurrent |
| 2026-03 | 2 | uninsured deposits >50%, wholesale funding >15% |  |
| 2026-06 | 0 |  | uninsured deposits >50%, wholesale funding >15% |

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

- 2026-02-26 [Executive Vice President of Heritage Bank to retire after 40 years in banking industry - WIBW](https://news.google.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?oc=5) · WIBW
- 2026-04-01 [Heritage Bank’s SBA lending soars in two years since it formed key joint venture - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxPcFd0Ulp0MEFodm9ldWtjRHFKSGxEaDR0aGNNVGpjRVVEUVdCU1FSQmUtS1ZpbG9CY1djVGhnd1RlQm5BcV9LUHhvZnV6U2tILXpjVGxuU1JkcUJEZ2IybXNYMk04Tzkxc0R3TXRXbHR6cVhpQmh6SHNmazlrZXkwbVlGNmd1UlBnQUUwaWNZeWNZd0owbGR3VURCeGxJdkh4NWxiN005N0pVRlJ1Q3c?oc=5) · The Business Journals
- 2026-03-19 [Hy-Vee's Midwest Heritage Bank acquires Carroll-based banking firm - The Des Moines Register](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPLWs2N0RtaXlxZmxTWnFUUGNmR01WUHF5X3A2azNLOU8wMWtfWTZuMUFSQktfdXZibHRzX05GNUV3UnJUaF96THhLX3FxMDZOa0x0TjVsTnBrY3FyMUQzdDRDNm9nTTRZcmc1Nl9XV1c0em5TajRnQms3dUR3YmczNk9vOUtMQnVzdmNkd0tuWEhQUngxWkV3NTdGaHlRMlFxSTdoUEFkRjZvUm0wd1Q1UW1ZSWhFb0ND?oc=5) · The Des Moines Register
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-11-20 [Cincinnati Faces No. 6 Louisville Friday Night at Heritage Bank - University of Cincinnati Athletics](https://news.google.com/rss/articles/CBMiowFBVV95cUxQdVdkTnQyTnBYUng4c19qWXp6b1gzVkJ1amY3WU1YbjUwQUF2VkhUYmRBQXhlWFZMTXdDV0xHaXNVR01mOTAxYlhVR0JuWEtuR3JXSklRWENDMTRfRFZjTEV1Y19tWjd1Qk9DVGU0REgxd216dG1IMG1uckpFLWhMTXRDMnZfRUhZU1ZGSDVlaDNwRWd0d1ZJVEJfc1B0NlZIVDFn?oc=5) · University of Cincinnati Athletics
- 2026-02-15 [It's Your Business has Allan Towle, Aaron Wootton and Kasey Hamilton - The Topeka Capital-Journal](https://news.google.com/rss/articles/CBMi2gFBVV95cUxOWkdRUlp0endraGpCUDQtMjBLSEhZZW41M2xfZVRaUTdNT3FOc3YtaExGd19TV0xEMlUtaVRTcTAtWFFOd1A2YkxndlJNNlhjQmdGcTV2cmhlcmxJekhtVU9EclRSZ2pkMjRIQ29rdUp6VXNiUktEclExclBKTk54WlVlT2xld1VoUmNPZXluUFN3SzlHX0ZIbzlHc3ZMdy1vZlMteE44Um04YmhfRC1rR0taZEtjcHlha0tnV3dwbi1nc0tqM0oxc0JlR1JqVi1YMmQtbUE4c2hmZw?oc=5) · The Topeka Capital-Journal
- 2026-01-20 [This Southern California bank CEO is buying into the Bay Area with Heritage Bank of Commerce deal - The Business Journals](https://news.google.com/rss/articles/CBMisAFBVV95cUxPQmlTNVY0T1JqUGx2cE9yZVhuZ1c3NDdWTi1ZTnA2dUlQRC1wQy14LTA5b24xSVNNRE15X0w3Ti1hTktCS3R1SVlKRTZoZEVfZjk0WjF0WVdBTVh1czBYWW44YmgtTkluUFF0VVZWVlNzT1JQSVU1RV8wMk9QMzUwbkpqTkRjd1lhTjF2ZWVGRGRnZ3pkaW1tWGEyMXVMQVRDSmF1SnQxajZxUV9VeUFiQQ?oc=5) · The Business Journals
- 2024-12-16 [Heritage Bank and Fidelity State Bank and Trust Company to Merge - The Digital Banker](https://news.google.com/rss/articles/CBMimgFBVV95cUxPQ0RIU2luMVl4ZWxaaFo1R1RUaVpRVXZOZm5qSmZvdkdycDFjZFo0a3IwYWtXQjNLX0VRTDZ4MDdRa2U1UzN4R0RMWmpiWWNmVFNpLUpGT05yRC1kd1RSNG1ybXBBYWdwckxiVkNaQVhWdFlNUUd1NHNhSVlUMF8tOWVtN1pCME9yb1lVSmFMUWt5RVV4bVlHX1Zn?oc=5) · The Digital Banker

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57548 (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/12.json (key "57548", 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