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

Heritage Bank in Clarksville, Tennessee (TN)
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Heritage Bank - Overview

General
FDIC Certificate #: 27535
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Old National Bank (#3832)
Federal Reserve ID: 1396689
Date Established: June 16, 1989
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 11075
FDIC's unique #: 40268
Numeric code: 21
Regulator: FDIC
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 16, 1989
Last Structure Change Effective Date: October 12, 2000
Last Structure Change Process Date: November 09, 2000
Last Data Update: November 09, 2000
Data Source Date: April 05, 2012
Location
Address: 215 Jefferson Street, Clarksville, TN 37041
County: Montgomery
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Chicago
FDIC Field Office: Nashville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Clarksville-Hopkinsville, TN-KY (#1660)
Core Based Statistical Area (CBSA): Clarksville, TN-KY (#17300)
CBSA Metro Statistical Area: Clarksville, TN-KY (#17300)
Financial Summary
Total assets: $278.2 mil

1992 - 1999 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, 1999)

Dollar figures in thousands
102Total employees (full-time equivalent)
$246,466Total assets
$10,282Cash and due from depository institutions
$0Interest-bearing balances
$26,076Securities
$0Federal funds sold & reverse repurchase agreements
$194,611Net loans & leases
$2,940Loan loss allowance
$0Trading account assets
$11,138Bank premises and fixed assets
$177Other real estate owned
$418Goodwill and other intangibles
$0Life insurance assets
$3,764All other assets
$246,466Total liabilities and capital
$228,621Total liabilities
$202,536Total deposits
$175,165Interest-bearing deposits
$202,536Deposits held in domestic offices
0.00%% insured (estimated)
$3,950Federal funds purchased & repurchase agreements
$0Trading liabilities
$19,699Other borrowed funds
$0Subordinated debt
$2,436All other liabilities
$17,845Total equity capital
$17,845Total bank equity capital
$17,845Perpetual preferred stock
$0Common stock
$830Surplus
$4,958Undivided profits
Memoranda
$12,057Noncurrent loans and leases
$26,278Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,432Earning assets
$327Long-term assets (5+ years)
$1,617Average Assets, year-to-date
$220,687Average Assets, quarterly
$27,039Volatile liabilities
$223,637Insider loans
$240,242FHLB advances
$32,946Loans and leases held for sale
$7,549Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,211Total risk weighted assets
$26,278Total unused commitments
$0Restructured Loans and leases
$2,574Derivatives

Income and Expense (December 31, 1999)

Dollar figures in thousands
$19,303Total interest income
$8,202Total interest expense
$11,101Net interest income
$1,788Provision for loan and lease losses
$3,828Total noninterest income
$0Fiduciary activities
$1,559Service charges on deposit accounts
$0Trading account gains & fees
$2,269Additional noninterest income
$8,632Total noninterest expense
$4,571Salaries and employee benefits
$1,834Premises and equipment expense
$2,227Additional noninterest expense
$4,509Pre-tax net operating income
$31Securities gains (losses)
$1,572Applicable income taxes
$2,968Income before extraordinary items
$0Extraordinary gains - net
$2,968Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,550Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1999)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.60%Yield on earning assets
4.08%Cost of funding earning assets
5.52%Net interest margin
1.90%Noninterest income to earning assets
4.29%Noninterest expense to earning assets
1.32%Net operating income to assets
1.33%Return on assets (ROA)
2.03%Pretax return on assets
17.84%Return on equity (ROE)
17.84%Retained earnings to average equity (YTD only)
0.87%Net charge-offs to loans
115.35%Credit loss provision to net charge-offs
4.06%Efficiency ratio
57,124Assets per employee
2.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.49%Loss allowance to noncurrent loans
205.31%Noncurrent assets plus other real estate owned to assets
0.65%Noncurrent loans to loans
0.72%Net loans and leases to deposits
96.09%Net loans and leases to core deposits
107.79%Equity capital to assets
7.24%Core capital (leverage) ratio
7.64%Tier 1 risk-based capital ratio
8.84%Total risk-based capital ratio
Memoranda
$10Average assets
$223,637Average earning assets
$16,633Average equity
$201,144Average loans

Heritage Bank in Clarksville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Heritage Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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Heritage Bank in Clarksville, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

Heritage Bank - Overview

Assets and Liabilities (December 31, 1999)

Income and Expense (December 31, 1999)

Performance and Condition Ratios (December 31, 1999)

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

Heritage Bank in Clarksville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches