Heritage Bank of the South

Details Heritage Bank of the South Heritage Bank of the South

www.eheritagebank.com

Georgia

Dougherty

Albany

(SB) Savings banks, state charter

active

50028

1955

FDIC Certificate Number: 50028
FDIC's unique number: 114423
The FDIC Field Office where an institution is physically located: Albany Ga

Federal Reserve ID Number: 764982
Report Date: 2011-06-30

Bank Charter Class: SB

Number of Domestic Offices: 21
Number of Foreign Offices: 0
The date of the last data update: 2011-08-22

1955-01-01 Institution established but was not FDIC insured. Original name: Albany Government Employees Federal Credit Union.
2001-07-02 Changed name to Heritage Bank Of The South .
2001-07-02 Changed primary regulatory agency from National Credit Union Association to Office Of Thrift Supervision.
2001-07-02 Changed organization type to Mutual Savings Bank.
2001-07-02 Changed institution class to Occ Supervised Savings Banks.
2001-07-02 Became FDIC insured.
2002-02-12 Changed organization type to Stock Savings Bank.
2005-01-01 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
2005-01-01 Changed institution class to Fdic Supervised Savings Bank.
2006-08-08 Acquired Citizens Bank Wakulla in Crawfordville, Florida.
2009-12-04 Acquired The Tattnall Bank in Reidsville, Georgia as part of a government assisted transaction.
2011-02-18 Acquired Citizens Bank Of Effingham in Springfield, Georgia as part of a government assisted transaction.
2011-08-19 Acquired First Southern National Bank in Statesboro, Georgia as part of a government assisted transaction.

Total assets: $960,122,000
Total deposits: $793,932,000
Deposits held in domestic offices: $793,932,000
Equity capital: $89,193,000

Net income: $1,054,000

Return on Assets: 0.24
Return on Equity: 2.4
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-12717