Heritage Oaks Bancorp (Heritage Oaks Bancorp) Altman Z-Score

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What is Heritage Oaks Bancorp Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Heritage Oaks Bancorp (Heritage Oaks Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heritage Oaks Bancorp (NAS:HEOP) » Definitions » Altman Z-Score

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.heritageoaksbank.com

Heritage Oaks Bancorp is a California corporation organized in 1994 and registered as a bank holding company. The Company acquired all of the outstanding common stock of Heritage Oaks Bank (Bank) and its subsidiaries in 1994. The Bank is a community-oriented financial services firm that provides banking products and services to small and medium sized businesses and consumers. Products and services are offered primarily through 12 retail branches located on the Central Coast of California, in San Luis Obispo and Santa Barbara Counties and through other direct channels, including two loan production offices in Santa Barbara and Ventura Counties. The Bank offers to its commercial clients commercial loans secured by real estate, other commercial loans and lines of credit, agricultural loans, construction financing, other real estate loans and SBA loans. For consumers, the Bank offers residential mortgages, equity lines of credit and other consumer loans. Deposit products offered include personal and business checking and savings accounts, time deposit accounts, individual retirement accounts ("IRAs") and money market accounts. The Bank also offers online banking, mobile banking, wire transfers, safe deposit boxes, cashier's checks, traveler's checks, bank-by-mail, night depository services and other customary banking services. The Company's competitors include money center banks and large regional banks. Competition also includes other community-focused commercial banks. As a bank holding company, the Company is regulated under the Bank Holding Company Act ("BHC Act") and is subject to inspection, examination and supervision by the Federal Reserve. It is also subject to the California Financial Code, as well as limited oversight by the DBO and the FDIC.

Executives

Timothy Joseph Stronks	officer: Executive Vice President	1222 VINE STREET, PASO ROBLES CA 93446
Simone Lagomarsino	director, officer: President / CEO	1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
James J Lynch	director, 10 percent owner	PATRIOT FINANCIAL PARTNERS, LP, 2929 ARCH STREET, 27TH FLOOR, PHILADELPHIA PA 19104
Michael E. Pfau	director	545 12TH STREET, PASO ROBLES CA 93446
Michael James Morris	director	545 12TH STREET, PASO ROBLES CA 93445
Stephen P Yost	director	2221 EAST ROSECRANS AVENUE SUITE 131 EL SEGUNDO CA 90245
Howard Gould	director	3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010
Gregory A Gehlmann	officer: SVP & Chief Bank Counsel	TRICO BANCSHARES, 63 CONSTITUTION DRIVE, CHICO CA 95973
J Mikesell Thomas	10 percent owner	51 WEST 52ND ST 14TH FL, NEW YORK NY 10019
Mark G Merlo	10 percent owner	4500 MERCANTILE PLAZA DRIVE, SUITE 300, FORT WORTH TX 76137
Eggemeyer John M Iii	10 percent owner	PO BOX 1329, RANCHO SANTA FE CA 92067
John Pietrzak	10 percent owner	WEST COAST BANCORP, 5335 MEADOWS ROAD, SUITE 201, LAKE OSWEGO OR 97035
Castle Creek Capital Partners Iv, Lp	10 percent owner	6051 EL TORDO, P.O. BOX 1329, RANCHO SANTA FE CA 92067
Castle Creek Capital Iv Llc	10 percent owner	6051 EL TORDO, P.O. BOX 1329, RANCHO SANTA FE CA 92067
Lonny Duane Robinson	officer: Chief Financial Officer	3435 WILSHIRE BLVD, SUITE 700, LOS ANGELES CA 90010