First Heritage Bank, National Association in Pittsburg, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 14, 1996

First Heritage Bank, National Association in Pittsburg, Texas (TX)
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First Heritage Bank, National Association - Overview

General
FDIC Certificate #: 3390
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Service Bank (#15374)
Federal Reserve ID: 789163
Date Established: January 01, 1904
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 11380
FDIC's unique #: 2205
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 14, 1996
Last Structure Change Process Date: January 16, 1997
Last Data Update: January 16, 1997
Data Source Date: April 05, 2012
Location
Address: 220 Jefferson Street, Pittsburg, TX 75686
County: Camp
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Dallas
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Financial Summary
Total assets: $92.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$44Total assets
$102,893Cash and due from depository institutions
$5,978Interest-bearing balances
$1,508Securities
$60,985Federal funds sold & reverse repurchase agreements
$3,300Net loans & leases
$28,102Loan loss allowance
$204Trading account assets
$0Bank premises and fixed assets
$2,421Other real estate owned
$63Goodwill and other intangibles
$2,044Life insurance assets
$0All other assets
$0Total liabilities and capital
$102,893Total liabilities
$95,070Total deposits
$91,441Interest-bearing deposits
$83,322Deposits held in domestic offices
91441.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$3,000Subordinated debt
$0All other liabilities
$629Total equity capital
$629Total bank equity capital
$7,823Perpetual preferred stock
$0Common stock
$331Surplus
$4,014Undivided profits
Memoranda
$3,478Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$50Income earned, not collected on loans
$217Earning assets
$93,895Long-term assets (5+ years)
$30,986Average Assets, year-to-date
$102,987Average Assets, quarterly
$102,370Volatile liabilities
$13,322Insider loans
$1,988FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,936Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,234Total risk weighted assets
$46,499Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$6,947Total interest expense
$3,671Net interest income
$3,276Provision for loan and lease losses
$20Total noninterest income
$502Fiduciary activities
$0Service charges on deposit accounts
$411Trading account gains & fees
$0Additional noninterest income
$91Total noninterest expense
$2,932Salaries and employee benefits
$1,437Premises and equipment expense
$507Additional noninterest expense
$988Pre-tax net operating income
$826Securities gains (losses)
$569Applicable income taxes
$344Income before extraordinary items
$1,051Extraordinary gains - net
$0Net income attributable to bank
$1,051Net charge-offs
-$4Cash dividends
$600Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.24%Cost of funding earning assets
3.83%Net interest margin
3.42%Noninterest income to earning assets
0.52%Noninterest expense to earning assets
3.06%Net operating income to assets
0.61%Return on assets (ROA)
1.02%Pretax return on assets
1.35%Return on equity (ROE)
14.19%Retained earnings to average equity (YTD only)
6.09%Net charge-offs to loans
-0.02%Credit loss provision to net charge-offs
-500.00%Efficiency ratio
77,607Assets per employee
2.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
57.09%Loss allowance to loans
0.72%Loss allowance to noncurrent loans
408.00%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.18%Net loans and leases to deposits
30.73%Net loans and leases to core deposits
34.64%Equity capital to assets
7.60%Core capital (leverage) ratio
7.13%Tier 1 risk-based capital ratio
15.56%Total risk-based capital ratio
Memoranda
$16Average assets
$102,987Average earning assets
$7,405Average equity
$95,929Average loans

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