First Heritage Bank in city_name, state_name - Detailed Financial Reports, Location

First Heritage Bank in Wilkes-Barre, Pennsylvania (PA)
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First Heritage Bank - Overview

General
FDIC Certificate #: 33913
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community Bank, National Association (#6989)
Federal Reserve ID: 2214744
Date Established: June 22, 1994
WWW: http://www.firstheritagebank.com
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Interstate: No)
OTS Docket #: 15827
FDIC's unique #: 54769
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: June 22, 1994
Last Structure Change Effective Date: May 14, 2004
Last Structure Change Process Date: May 28, 2004
Last Data Update: May 28, 2004
Data Source Date: April 05, 2012
Location
Address: 64 North Franklin Street, Wilkes-Barre, PA 18701
County: Luzerne
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Philadelphia
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Scranton--Wilkes-Barre--Hazleton, PA (#7560)
Core Based Statistical Area (CBSA): Scranton-Wilkes-Barre, PA (#42540)
CBSA Metro Statistical Area: Scranton-Wilkes-Barre, PA (#42540)
Financial Summary
Total assets: $269.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2003)

Dollar figures in thousands
51Total employees (full-time equivalent)
$272,429Total assets
$6,802Cash and due from depository institutions
$91Interest-bearing balances
$49,650Securities
$10,494Federal funds sold & reverse repurchase agreements
$198,568Net loans & leases
$2,303Loan loss allowance
$0Trading account assets
$3,178Bank premises and fixed assets
$60Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,677All other assets
$272,429Total liabilities and capital
$241,851Total liabilities
$205,069Total deposits
$186,800Interest-bearing deposits
$205,069Deposits held in domestic offices
0.00%% insured (estimated)
$10,685Federal funds purchased & repurchase agreements
$0Trading liabilities
$25,130Other borrowed funds
$0Subordinated debt
$967All other liabilities
$30,578Total equity capital
$30,578Total bank equity capital
$30,578Perpetual preferred stock
$0Common stock
$6,270Surplus
$6,330Undivided profits
Memoranda
$17,978Noncurrent loans and leases
$60,807Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$605Earning assets
$0Long-term assets (5+ years)
$929Average Assets, year-to-date
$258,803Average Assets, quarterly
$48,684Volatile liabilities
$280,583Insider loans
$280,214FHLB advances
$29,361Loans and leases held for sale
$12,755Unused loan commitments
$24,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$382Total risk weighted assets
$60,807Total unused commitments
$0Restructured Loans and leases
$2,303Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$12,730Total interest income
$4,393Total interest expense
$8,337Net interest income
$420Provision for loan and lease losses
$484Total noninterest income
$0Fiduciary activities
$280Service charges on deposit accounts
$0Trading account gains & fees
$204Additional noninterest income
$4,072Total noninterest expense
$2,221Salaries and employee benefits
$658Premises and equipment expense
$1,193Additional noninterest expense
$4,329Pre-tax net operating income
$132Securities gains (losses)
$1,247Applicable income taxes
$3,214Income before extraordinary items
$0Extraordinary gains - net
$3,214Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$497Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.78%Yield on earning assets
1.65%Cost of funding earning assets
3.13%Net interest margin
0.18%Noninterest income to earning assets
1.53%Noninterest expense to earning assets
1.11%Net operating income to assets
1.15%Return on assets (ROA)
1.59%Pretax return on assets
11.08%Return on equity (ROE)
11.08%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
84.51%Credit loss provision to net charge-offs
9.56%Efficiency ratio
46,163Assets per employee
5.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.15%Loss allowance to noncurrent loans
380.66%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.30%Net loans and leases to deposits
96.83%Net loans and leases to core deposits
106.53%Equity capital to assets
11.22%Core capital (leverage) ratio
10.86%Tier 1 risk-based capital ratio
14.76%Total risk-based capital ratio
Memoranda
$16Average assets
$280,583Average earning assets
$29,009Average equity
$266,109Average loans

First Heritage Bank in Wilkes-Barre, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Heritage Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

First Heritage Bank in Wilkes-Barre, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Heritage Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

First Heritage Bank in Wilkes-Barre, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches