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BankHealth

HERITAGE BANK OF SCHAUMBURG

SCHAUMBURG, ILLINOIS · FDIC Cert #21721

A
Health Score
95/100
$142M
Total Assets
$122M
Total Deposits
23.81%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, HERITAGE BANK OF SCHAUMBURG holds a Tier 1 capital ratio of 23.81%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning HERITAGE BANK OF SCHAUMBURG has a strong buffer to absorb potential losses.

Key Financial Metrics

0.00%
Nonperforming Loans
Low — healthy loan portfolio
44.90%
Liquidity Ratio
Strong — can meet withdrawal demands
0.70%
Return on Assets
Low profitability
$122M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

HERITAGE BANK OF SCHAUMBURG shows strong financial health indicators. With $142M in assets and a Health Score of 95/100, 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

HERITAGE BANK OF SCHAUMBURG has a Bank Health Score of A (95/100). It holds a Tier 1 capital ratio of 23.81%, 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.

HERITAGE BANK OF SCHAUMBURG holds $142M in total assets and $122M in total deposits. It is located in SCHAUMBURG, ILLINOIS (FDIC Certificate #21721).

HERITAGE BANK OF SCHAUMBURG has a Tier 1 capital ratio of 23.81%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 0.70%.

Yes. HERITAGE BANK OF SCHAUMBURG is FDIC-insured (Certificate #21721). 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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