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BankHealth

HERITAGE BANK OF ST TAMMANY

COVINGTON, LOUISIANA · FDIC Cert #29577

D
Health Score
35/100
$171M
Total Assets
$135M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, HERITAGE BANK OF ST TAMMANY holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject HERITAGE BANK OF ST TAMMANY to additional regulatory scrutiny.

Key Financial Metrics

0.47%
Nonperforming Loans
Low — healthy loan portfolio
11.53%
Liquidity Ratio
Adequate liquidity
-0.13%
Return on Assets
Negative — losing money
$135M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

HERITAGE BANK OF ST TAMMANY shows some financial weakness with a Health Score of 35/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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 ST TAMMANY has a Bank Health Score of D (35/100). It holds a Tier 1 capital ratio of 0.00%, which is below 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 ST TAMMANY holds $171M in total assets and $135M in total deposits. It is located in COVINGTON, LOUISIANA (FDIC Certificate #29577).

HERITAGE BANK OF ST TAMMANY has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.47%, and the return on assets is -0.13%.

Yes. HERITAGE BANK OF ST TAMMANY is FDIC-insured (Certificate #29577). 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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