First Heritage Bank in Wilkes-Barre, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 14, 2004

  • First Heritage Bank in Wilkes-Barre, Pennsylvania (PA)
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First Heritage Bank - Overview

  • General
  • FDIC Certificate #: 33913
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Bank, National Association (#6989)
    Federal Reserve ID: 2214744
    Date Established: June 22, 1994
    WWW: http://www.firstheritagebank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    OTS Docket #: 15827
    FDIC's unique #: 54769
    Numeric code: 13
    Regulator: FED
    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 22, 1994
    Last Structure Change Effective Date: May 14, 2004
    Last Structure Change Process Date: May 28, 2004
    Last Data Update: May 28, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 64 North Franklin Street, Wilkes-Barre, PA 18701
    County: Luzerne
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Scranton--Wilkes-Barre--Hazleton, PA (#7560)
    Core Based Statistical Area (CBSA): Scranton-Wilkes-Barre, PA (#42540)
    CBSA Metro Statistical Area: Scranton-Wilkes-Barre, PA (#42540)
  • Financial Summary
  • Total assets: $269.7 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, 2003)

  • Dollar figures in thousands
  • 51Total employees (full-time equivalent)
  • $272,429Total assets
  • $6,802Cash and due from depository institutions
  • $91Interest-bearing balances
  • $49,650Securities
  • $10,494Federal funds sold & reverse repurchase agreements
  • $198,568Net loans & leases
  • $2,303Loan loss allowance
  • $0Trading account assets
  • $3,178Bank premises and fixed assets
  • $60Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $3,677All other assets
  • $272,429Total liabilities and capital
  • $241,851Total liabilities
  • $205,069Total deposits
  • $186,800Interest-bearing deposits
  • $205,069Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $10,685Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $25,130Other borrowed funds
  • $0Subordinated debt
  • $967All other liabilities
  • $30,578Total equity capital
  • $30,578Total bank equity capital
  • $30,578Perpetual preferred stock
  • $0Common stock
  • $6,270Surplus
  • $6,330Undivided profits
  • Memoranda
  • $17,978Noncurrent loans and leases
  • $60,807Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $605Earning assets
  • $0Long-term assets (5+ years)
  • $929Average Assets, year-to-date
  • $258,803Average Assets, quarterly
  • $48,684Volatile liabilities
  • $280,583Insider loans
  • $280,214FHLB advances
  • $29,361Loans and leases held for sale
  • $12,755Unused loan commitments
  • $24,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $382Total risk weighted assets
  • $60,807Total unused commitments
  • $0Restructured Loans and leases
  • $2,303Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $12,730Total interest income
  • $4,393Total interest expense
  • $8,337Net interest income
  • $420Provision for loan and lease losses
  • $484Total noninterest income
  • $0Fiduciary activities
  • $280Service charges on deposit accounts
  • $0Trading account gains & fees
  • $204Additional noninterest income
  • $4,072Total noninterest expense
  • $2,221Salaries and employee benefits
  • $658Premises and equipment expense
  • $1,193Additional noninterest expense
  • $4,329Pre-tax net operating income
  • $132Securities gains (losses)
  • $1,247Applicable income taxes
  • $3,214Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,214Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $497Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.78%Yield on earning assets
  • 1.65%Cost of funding earning assets
  • 3.13%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 1.53%Noninterest expense to earning assets
  • 1.11%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.59%Pretax return on assets
  • 11.08%Return on equity (ROE)
  • 11.08%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 84.51%Credit loss provision to net charge-offs
  • 9.56%Efficiency ratio
  • 46,163Assets per employee
  • 5.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 380.66%Noncurrent assets plus other real estate owned to assets
  • 0.22%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 96.83%Net loans and leases to core deposits
  • 106.53%Equity capital to assets
  • 11.22%Core capital (leverage) ratio
  • 10.86%Tier 1 risk-based capital ratio
  • 14.76%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $280,583Average earning assets
  • $29,009Average equity
  • $266,109Average loans

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