Heritage Bank, National Association in Holstein, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2011

  • Heritage Bank, National Association in Holstein, Iowa (IA)
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Heritage Bank, National Association routing number info

Heritage Bank, National Association - Overview

  • General
  • FDIC Certificate #: 25243
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Heritage Bank National Association (#19254)
    Federal Reserve ID: 822145
    Date Established: June 21, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    OTS Docket #: 12573
    FDIC's unique #: 17451
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: June 21, 1984
    Last Structure Change Effective Date: July 01, 2011
    Last Structure Change Process Date: July 27, 2011
    Last Data Update: July 27, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 North Main Street, Holstein, IA 51025
    County: Ida
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Sioux City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
  • Financial Summary
  • Total assets: $136.8 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, 2010)

  • Dollar figures in thousands
  • 57Total employees (full-time equivalent)
  • $139,455Total assets
  • $6,504Cash and due from depository institutions
  • $992Interest-bearing balances
  • $22,908Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $104,633Net loans & leases
  • $2,043Loan loss allowance
  • $0Trading account assets
  • $1,538Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $685Life insurance assets
  • $3,872All other assets
  • $139,455Total liabilities and capital
  • $126,123Total liabilities
  • $112,984Total deposits
  • $91,050Interest-bearing deposits
  • $112,984Deposits held in domestic offices
  • 96.88%% insured (estimated)
  • $3,735Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,500Other borrowed funds
  • $0Subordinated debt
  • $904All other liabilities
  • $13,332Total equity capital
  • $13,332Total bank equity capital
  • $13,332Perpetual preferred stock
  • $0Common stock
  • $570Surplus
  • $9,944Undivided profits
  • Memoranda
  • $2,818Noncurrent loans and leases
  • $19,298Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,869Earning assets
  • $78Long-term assets (5+ years)
  • $1,403Average Assets, year-to-date
  • $128,533Average Assets, quarterly
  • $14,940Volatile liabilities
  • $137,363Insider loans
  • $136,379FHLB advances
  • $21,431Loans and leases held for sale
  • $3,496Unused loan commitments
  • $8,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $623Total risk weighted assets
  • $19,298Total unused commitments
  • $5Restructured Loans and leases
  • $1,339Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $7,286Total interest income
  • $1,602Total interest expense
  • $5,684Net interest income
  • $1,817Provision for loan and lease losses
  • $1,801Total noninterest income
  • $2Fiduciary activities
  • $416Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,383Additional noninterest income
  • $5,214Total noninterest expense
  • $3,124Salaries and employee benefits
  • $702Premises and equipment expense
  • $1,388Additional noninterest expense
  • $454Pre-tax net operating income
  • $5Securities gains (losses)
  • $24Applicable income taxes
  • $435Income before extraordinary items
  • $0Extraordinary gains - net
  • $435Net income attributable to bank
  • $0Net charge-offs
  • $435Cash dividends
  • $1,738Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.75%Yield on earning assets
  • 1.26%Cost of funding earning assets
  • 4.48%Net interest margin
  • 1.42%Noninterest income to earning assets
  • 4.11%Noninterest expense to earning assets
  • 0.31%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 3.30%Return on equity (ROE)
  • 3.30%Retained earnings to average equity (YTD only)
  • 1.65%Net charge-offs to loans
  • 104.55%Credit loss provision to net charge-offs
  • 1.31%Efficiency ratio
  • 69,659Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.92%Loss allowance to noncurrent loans
  • 71.21%Noncurrent assets plus other real estate owned to assets
  • 2.06%Noncurrent loans to loans
  • 2.69%Net loans and leases to deposits
  • 92.61%Net loans and leases to core deposits
  • 107.55%Equity capital to assets
  • 9.56%Core capital (leverage) ratio
  • 9.57%Tier 1 risk-based capital ratio
  • 12.32%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $137,363Average earning assets
  • $13,197Average equity
  • $126,788Average loans

Total Fiduciary and Related Assets (December 31, 2009)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $176Managed Assets
  • 1Number of Accounts
  • $176Personal trust and agency accounts
  • $176Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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