Heritage Bank & Trust: how it compares with its peers
Against 50 TN banks with half to twice its assets, Heritage Bank & Trust's strongest measure in Q2 2026 is return on assets (1.28% vs. a 1.08% peer median). Its weakest relative measure is efficiency ratio (64.99% vs. 66.86%).
| Measure | Heritage Bank & Trust | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.28% | 1.08% | Middle third Ahead of 66% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.16% | 4.00% | Middle third Ahead of 64% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 64.99% | 66.86% | Middle third Ahead of 52% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.5M | $6.4M | Middle third Ahead of 56% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.67% | 82.75% | Context |
What it means for lending operations
Its efficiency ratio of 64.99% is better than the 66.86% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- First Vision Bank of Tennessee Tullahoma, TN · $414M
- Bank of Frankewing Frankewing, TN · $413M
- Coffee County Bank Manchester, TN · $428M
- Volunteer Federal Savings Bank Madisonville, TN · $397M
- Peoples Bank Clifton, TN · $445M
- Security Federal Savings Bank of McMinnville Mcminnville, TN · $386M
Questions about Heritage Bank & Trust
How big is Heritage Bank & Trust?
Heritage Bank & Trust, established in 2006, is headquartered in Columbia, TN. It reported $418M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Heritage Bank & Trust's return on assets?
1.28% annualized in Q2 2026, against a 1.08% median for 50 TN banks with half to twice its assets, ahead of 66% of them.
What is Heritage Bank & Trust's efficiency ratio?
64.99% in Q2 2026: it spent about 65 cents in noninterest expense for each dollar of revenue. The peer median is 66.86%, and lower is better.
Is Heritage Bank & Trust growing its loans?
Net loans grew 17.0% over the year to Q2 2026, while deposits grew 6.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are TN banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Tennessee bank ranked.