FDIC Certificate #: 57576 Status: Active Federal Reserve ID: 3199811 Bank Holding Company (Regulatory Top Holder): Cornerstone Bancshares, Inc. (RSSDID: 3199820, Location: Lebanon, MO) Date Established: September 22, 2003 WWW:http://www.heritagebankozarks.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 365828 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: September 22, 2003 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 1475 South Jefferson, Lebanon, MO 65536 County: Laclede Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Springfield Mo Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Lebanon, MO (#30060) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $45.8 mil Equity capital: $5.1 mil Deposits held in domestic offices: $32.3 mil Return on assets (ROA): 0.99% ($0.5 mil) Quarterly return on assets: 0.88% ($0.4 mil) Return on Equity (ROE): 8.77% ($0.4 mil) Quarterly return on equity: 7.83% ($0.4 mil) Net income: $0.4 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.50% ($686.9 mil) Quarterly Pretax return on assets: 1.31% ($599.8 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
20Total employees (full-time equivalent)
$45,790Total assets
$3,009Cash and due from depository institutions
$2,193Interest-bearing balances
$2,737Securities
$1,000Federal funds sold & reverse repurchase agreements
$36,584Net loans & leases
$592Loan loss allowance
$0Trading account assets
$1,408Bank premises and fixed assets
$33Other real estate owned
$0Goodwill and other intangibles
$45,790Life insurance assets
$1,019All other assets
$40,687Total liabilities and capital
$32,289Total liabilities
$28,008Total deposits
$32,289Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$8,199Trading liabilities
$0Other borrowed funds
$199Subordinated debt
$5,103All other liabilities
$5,103Total equity capital
$5,103Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$2,765Surplus
$338Undivided profits
Memoranda
$0Noncurrent loans and leases
$383Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$945Income earned, not collected on loans
$0Earning assets
$271Long-term assets (5+ years)
$42,514Average Assets, year-to-date
$3,991Average Assets, quarterly
$43,455Volatile liabilities
$45,178Insider loans
$34,179FHLB advances
$44,784Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,071Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,215Restructured Loans and leases
$1,850Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,435Total interest income
$371Total interest expense
$2,064Net interest income
$45Provision for loan and lease losses
$629Total noninterest income
$0Fiduciary activities
$274Service charges on deposit accounts
$0Trading account gains & fees
$355Additional noninterest income
$1,996Total noninterest expense
$1,035Salaries and employee benefits
$249Premises and equipment expense
$712Additional noninterest expense
$652Pre-tax net operating income
$0Securities gains (losses)
$222Applicable income taxes
$430Income before extraordinary items
$0Extraordinary gains - net
$430Net income attributable to bank
$0Net charge-offs
$430Cash dividends
$9Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.05%Yield on earning assets
0.92%Cost of funding earning assets
5.13%Net interest margin
1.56%Noninterest income to earning assets
4.96%Noninterest expense to earning assets
0.99%Net operating income to assets
0.99%Return on assets (ROA)
1.50%Pretax return on assets
8.77%Return on equity (ROE)
8.77%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
500.00%Credit loss provision to net charge-offs
77.44%Efficiency ratio
74,118Assets per employee
2.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
62.65%Noncurrent assets plus other real estate owned to assets
2.14%Noncurrent loans to loans
2.54%Net loans and leases to deposits
113.30%Net loans and leases to core deposits
122.02%Equity capital to assets
11.14%Core capital (leverage) ratio
11.32%Tier 1 risk-based capital ratio
14.84%Total risk-based capital ratio
Memoranda
$16Average assets
$43,455Average earning assets
$4,901Average equity
$40,227Average loans
List of branches
1 Missouri Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
365828
Heritage Bank Of The Ozarks
1475 South Jefferson, Lebanon, MO 65536
September 22, 2003
Full Service Brick and Mortar
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