Heritage National Bank in Pottsville, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1999

  • Heritage National Bank in Pottsville, Pennsylvania (PA)
  • Show street view No street view available for this location

Heritage National Bank - Overview

  • General
  • FDIC Certificate #: 7711
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Main Street Bank (#27104)
    Federal Reserve ID: 364917
    Date Established: October 28, 1828
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 14 (Interstate: No)
    OTS Docket #: 9465
    FDIC's unique #: 4981
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 01, 1999
    Last Structure Change Process Date: Febuary 26, 1999
    Last Data Update: Febuary 26, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 South Centre Street, Pottsville, PA 17901
    County: Schuylkill
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Harrisburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Core Based Statistical Area (CBSA): Pottsville, PA (#39060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $471.6 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, 1998)

  • Dollar figures in thousands
  • 145Total employees (full-time equivalent)
  • $471,642Total assets
  • $13,559Cash and due from depository institutions
  • $231Interest-bearing balances
  • $213,893Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $229,945Net loans & leases
  • $3,557Loan loss allowance
  • $0Trading account assets
  • $5,199Bank premises and fixed assets
  • $234Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $8,812All other assets
  • $471,642Total liabilities and capital
  • $429,536Total liabilities
  • $306,561Total deposits
  • $267,370Interest-bearing deposits
  • $306,561Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,228Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $104,900Other borrowed funds
  • $0Subordinated debt
  • $13,847All other liabilities
  • $42,106Total equity capital
  • $42,106Total bank equity capital
  • $42,106Perpetual preferred stock
  • $0Common stock
  • $1,350Surplus
  • $6,789Undivided profits
  • Memoranda
  • $33,967Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,112Earning assets
  • $0Long-term assets (5+ years)
  • $1,279Average Assets, year-to-date
  • $444,069Average Assets, quarterly
  • $226,960Volatile liabilities
  • $399,837Insider loans
  • $453,491FHLB advances
  • $78,995Loans and leases held for sale
  • $2,313Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $52,806Total unused commitments
  • $0Restructured Loans and leases
  • $266,153Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $29,010Total interest income
  • $12,319Total interest expense
  • $16,691Net interest income
  • $650Provision for loan and lease losses
  • $2,184Total noninterest income
  • $966Fiduciary activities
  • $634Service charges on deposit accounts
  • $0Trading account gains & fees
  • $584Additional noninterest income
  • $10,529Total noninterest expense
  • $5,677Salaries and employee benefits
  • $1,408Premises and equipment expense
  • $3,444Additional noninterest expense
  • $7,696Pre-tax net operating income
  • -$563Securities gains (losses)
  • $1,784Applicable income taxes
  • $5,349Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,349Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $228Sale, conversion, retirement of capital stock, net
  • $3,550Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.75%Yield on earning assets
  • 3.29%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.81%Noninterest expense to earning assets
  • 1.44%Net operating income to assets
  • 1.34%Return on assets (ROA)
  • 1.78%Pretax return on assets
  • 12.66%Return on equity (ROE)
  • 4.26%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 285.09%Credit loss provision to net charge-offs
  • 36.61%Efficiency ratio
  • 55,783Assets per employee
  • 3.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 66.37%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 86.50%Noncurrent assets plus other real estate owned to assets
  • 0.92%Noncurrent loans to loans
  • 1.76%Net loans and leases to deposits
  • 75.01%Net loans and leases to core deposits
  • 77.50%Equity capital to assets
  • 8.93%Core capital (leverage) ratio
  • 9.69%Tier 1 risk-based capital ratio
  • 15.52%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $399,837Average earning assets
  • $42,258Average equity
  • $374,430Average loans

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