FDIC Certificate #: 57548 Status: Active Federal Reserve ID: 3120897 Bank Holding Company (Regulatory Top Holder): Heritage Bancshares, Inc. (RSSDID: 3120310, Location: Topeka, KS) Date Established: April 14, 2003 WWW:http://www.heritagebankonline.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 52892 FDIC's unique #: 365454 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: April 14, 2003 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: October 07, 2010 Last Data Update: October 07, 2010 Data Source Date: April 05, 2012
Location
Address: 3024 Southwest Wanamaker Road, Topeka, KS 66614 County: Shawnee Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Topeka, KS (#8440) Core Based Statistical Area (CBSA): Topeka, KS (#45820) CBSA Metro Statistical Area: Topeka, KS (#45820)
History of Changes
Merge BIF and SAIF Funds into DIF
Corrections
Financial Summary
Total assets: $53.1 mil Equity capital: $3.1 mil Deposits held in domestic offices: $43.8 mil Return on assets (ROA): -2.35% (-$1.2 mil) Quarterly return on assets: -3.09% (-$1.6 mil) Return on Equity (ROE): -38.45% (-$1.2 mil) Quarterly return on equity: -53.45% (-$1.6 mil) Net income: -$1.3 mil Quarterly Net income: -$0.4 mil Pretax return on assets: -1.78% (-$944.7 mil) Quarterly Pretax return on assets: -0.53% (-$281.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
10Total employees (full-time equivalent)
$53,071Total assets
$5,058Cash and due from depository institutions
$4,551Interest-bearing balances
$401Securities
$0Federal funds sold & reverse repurchase agreements
$44,183Net loans & leases
$1,554Loan loss allowance
$0Trading account assets
$806Bank premises and fixed assets
$1,628Other real estate owned
$0Goodwill and other intangibles
$53,071Life insurance assets
$995All other assets
$49,977Total liabilities and capital
$43,817Total liabilities
$40,326Total deposits
$43,817Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,000Trading liabilities
$0Other borrowed funds
$160Subordinated debt
$3,094All other liabilities
$3,094Total equity capital
$3,094Total bank equity capital
$0Perpetual preferred stock
$3,000Common stock
$9,137Surplus
$-9,043Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$977Income earned, not collected on loans
$0Earning assets
$156Long-term assets (5+ years)
$49,135Average Assets, year-to-date
$5,005Average Assets, quarterly
$53,803Volatile liabilities
$52,907Insider loans
$37,279FHLB advances
$53,528Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,094Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,105Restructured Loans and leases
$798Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,108Total interest income
$714Total interest expense
$2,394Net interest income
$765Provision for loan and lease losses
-$254Total noninterest income
$0Fiduciary activities
$32Service charges on deposit accounts
$0Trading account gains & fees
-$286Additional noninterest income
$2,332Total noninterest expense
$794Salaries and employee benefits
$674Premises and equipment expense
$864Additional noninterest expense
-$957Pre-tax net operating income
$0Securities gains (losses)
$307Applicable income taxes
-$1,264Income before extraordinary items
$0Extraordinary gains - net
-$1,264Net income attributable to bank
$0Net charge-offs
-$1,264Cash dividends
$1,128Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.25%Yield on earning assets
1.44%Cost of funding earning assets
4.81%Net interest margin
-0.51%Noninterest income to earning assets
4.69%Noninterest expense to earning assets
-2.35%Net operating income to assets
-2.35%Return on assets (ROA)
-1.78%Pretax return on assets
-38.45%Return on equity (ROE)
-38.45%Retained earnings to average equity (YTD only)
2.31%Net charge-offs to loans
67.82%Credit loss provision to net charge-offs
-0.17%Efficiency ratio
108,972Assets per employee
5.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.40%Loss allowance to noncurrent loans
159.06%Noncurrent assets plus other real estate owned to assets
4.91%Noncurrent loans to loans
2.14%Net loans and leases to deposits
100.84%Net loans and leases to core deposits
105.50%Equity capital to assets
5.83%Core capital (leverage) ratio
5.78%Tier 1 risk-based capital ratio
8.30%Total risk-based capital ratio
Memoranda
$10Average assets
$53,803Average earning assets
$3,287Average equity
$49,723Average loans
List of branches
1 Kansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
365454
Heritage Bank
3024 Southwest Wanamaker Road, Topeka, KS 66614
April 14, 2003
Full Service Brick and Mortar
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