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BankHealth

FIRST HERITAGE BANK

SHENANDOAH, IOWA · FDIC Cert #4457

A
Health Score
81/100
$64M
Total Assets
$58M
Total Deposits
12.41%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST HERITAGE BANK holds a Tier 1 capital ratio of 12.41%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST HERITAGE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.00%
Nonperforming Loans
Low — healthy loan portfolio
22.42%
Liquidity Ratio
Strong — can meet withdrawal demands
0.88%
Return on Assets
Low profitability
$58M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST HERITAGE BANK shows strong financial health indicators. With $64M in assets and a Health Score of 81/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

FIRST HERITAGE BANK has a Bank Health Score of A (81/100). It holds a Tier 1 capital ratio of 12.41%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

FIRST HERITAGE BANK holds $64M in total assets and $58M in total deposits. It is located in SHENANDOAH, IOWA (FDIC Certificate #4457).

FIRST HERITAGE BANK has a Tier 1 capital ratio of 12.41%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 0.88%.

Yes. FIRST HERITAGE BANK is FDIC-insured (Certificate #4457). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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