# HERITAGE BANK
LUCAMA, NC · FDIC certificate 8939 · asset band <$300M · latest filing 2013-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 4 (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 | $266.5M | |
| Deposits | $231.8M | |
| Loans and leases | $122.2M | |
| Total equity | $27.0M | |
| Loans / deposits | 51.81% (p22 of band) | 68.67% |
| Liquid assets / assets | 50.87% (p78 of band) | |
| Uninsured deposits / deposits | 13.62% (p59 of band) | 11.61% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.62% (p49 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 10.28% (p52 of band) | 10.18% |
| Unrealized securities loss / equity | 11.18% (p99 of band) | -0.21% |
| AOCI / equity | -5.07% (p32 of band) | |
| ROA (annualized) | -0.63% (p4 of band) | 0.77% |
| Net interest margin | 2.97% (p20 of band) | 3.59% |
| Efficiency ratio | 120.80% (p97 of band) | |
| Noncurrent loans | 2.67% (p75 of band) | 1.13% |
| Net charge-offs (annualized) | 0.13% (p69 of band) | |
| Reserve coverage of noncurrent | 66.09% | |
| Real estate % of loans | 82% | |
| Construction % of loans | 47.47% (p79 of band) | |
| Auto loans | $1.5M (1.24% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.6% | |
| Employees | 84 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | reserve under noncurrent |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 0 |  | reserve under noncurrent, capital falling |
| 2012-12 | 2 | expense ratio p90, reserve under noncurrent |  |
| 2013-03 | 4 | capital falling, losing money |  |
| 2013-06 | 4 |  |  |

## 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
- 2026-02-04 [Forbes 2026 America's Best Banks List | Top Ranked and Rated - Forbes](https://news.google.com/rss/articles/CBMiXkFVX3lxTFBrbWc0QzhhUnVtRVhDWVM4bl9kLTh0NC03SDNEQjRLNkRVdmphMWItazhVejNfLTBNLTBDaDZDMXJJdWpfbzJCNVo4MnVOSGk0YVRTN3ZXbnVqdVRvcGc?oc=5) · Forbes
- 2025-10-28 [Ohio community bank makes deal to top $10B, enter Tennessee - American Banker](https://news.google.com/rss/articles/CBMimAFBVV95cUxOUDQwdW1DNXBmYTVqSlFkQWpXZ2RYc3BrX3RTWkZ6a2gyVzd1bHpQelFreEdoSmctTWhxbFVhMk54djNxcFJpZ3pPTlZVMEh6eDU4Y0RDdHpkRnY3RjdTZGZ4d2laRV82OF9FcFdKTzIyUUFJd0RURkFycGtSZUV6cmVlVDZoU2Fyb0lQS2c4RnYtR2l0YldIcQ?oc=5) · American Banker
- 2026-05-18 [What to Know for Journey: Final Frontier Tour Setlist - Ticketmaster Blog](https://news.google.com/rss/articles/CBMiWkFVX3lxTE55bVdKcGNVcFc2WnJSQVV3YU9wU0dMQy1mTkhTeURaWmh5LURCVG5PcnJpSEVHZlR6RTNSWmhkVmtOWEd5X1d0c293V1Y3aGxTN3RxNjBfNTJRUQ?oc=5) · Ticketmaster Blog
- 2026-06-19 [WWE Cancels Upcoming SmackDown Taping - Sports Illustrated](https://news.google.com/rss/articles/CBMihwFBVV95cUxNdmhpNV82bmtFbG44d28xcFZpTHFickFjQThZcExNcXdmWUE2MWZlWDEydlBxLXFBQTlXRkw4bTdHMWZIM0dYMnQ2OG5aSDZqZGpZNEpMSHRzU2tyNW9PWm13cG5mNTJRaTJxOEc0NWc2dmtuTS12a0hTYW42dnVWQTVzNGFzSEU?oc=5) · Sports Illustrated
- 2026-05-08 [WWE coming to 2 Upstate NY cities this summer: How to get tickets - Syracuse.com](https://news.google.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?oc=5) · Syracuse.com
- 2025-09-22 [U.S. Bank, Fifth Third top new rankings of banks with largest Cincinnati deposit market share - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxQT2lrTTVKQXZWWU0ycU05c1NEQXhQOHpjN3ljcEVkYUN3cElBRlR4X0l5dnQ1LVJfcGR2NU5XdXhBMXdDS1lVX2g2Zkd6bVFFSHBzWlJUWUFIZFhGWjMwSkVOQUhiOHI2bllNcDFHMFl0T3YyNHBITUJXLWNYQmdsQkNUS1Rlc3drOUx0b1NWVG5ZazdxYU9KanVZSkM0YkJDaW9WYjVFN0t6Q0h5djFr?oc=5) · The Business Journals
- 2025-05-02 [Chickasaw Community Bank to acquire Oklahoma Heritage Bank - journalrecord.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxQb0NnZGhhYzBudkg3ak9QS0tjUDU5VWlMOUdJZ1NqRkhVWmJlS1dDRHBybThLZjc2UWk5LXlkc3d5TmtBTUZOZnVUWWMxOVVIaDNvQl9mZzVYTUJmS2EtbHo4TFp0UUlqWVY4RURocGFKbTdha21kOWtMZVFpbXZXUE1qeG1sUGdrZWt6WTlrUGVLX2hfb0xMeHd3?oc=5) · journalrecord.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=8939 (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/43.json (key "8939", 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