$225M
total assets, September 30, 2012
Heritage Bank of Florida was a state nonmember bank in Lutz, FL. It failed on Nov 2, 2012, and Centennial Bank took over its deposits. At its last report it held $225.5 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2012
This bank failed
- Failed on
- Nov 2, 2012
- Assets
- $225M
- Deposits
- $223M
- Estimated cost
- $73.8M
- Deposits went to
- Centennial Bank, Conway, AR
Total assets
$225M
-8.6% in a year · -0.6% in a quarter
Deposits
$223M
-1.7% in a year · +1.3% in a quarter
Loans
$181M
-9.7% in a year · -1.1% in a quarter
Profit so far
-$7.5M
Jan 1 to Sep 30, 2012
Capital ratio
0.54%
-3.34 pts in a year
Return on assets
-4.36%
-3.00 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 23000 State Road 54, Lutz, FL, 33549
- County
- Hillsborough
- Established
- Aug 3, 1999
- Failed
- Nov 2, 2012
- Employees
- 38
- Branches
- 3
- Id
- b35009
Quarter by quarter
September 30, 1999 to September 30, 2012
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Heritage Bank of Florida?
$225.5 million in total assets and $223.3 million in deposits as of September 30, 2012, with assets down 8.6% from a year before. Its loans were $181.3 million.
How many branches does Heritage Bank of Florida have?
3 branches in Florida as of June 30, 2026.
Is Heritage Bank of Florida profitable?
No: it lost $7.51 million from January 1 to September 30, 2012. Its return on assets was -4.36% a year; about 1% is typical.
When did Heritage Bank of Florida fail?
Nov 2, 2012. Centennial Bank of Conway, AR took over its deposits. The estimated cost of the failure was $73.8 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.