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

Heritage Bank in Marion, Iowa (IA)
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Heritage Bank routing number info

Heritage Bank - Overview

General
FDIC Certificate #: 18463
Status: Active
Federal Reserve ID: 225942
Bank Holding Company (Regulatory Top Holder): Delhi Bancshares, Inc. (RSSDID: 1205594, Location: Marion, IA)
Date Established: March 01, 1899
WWW: http://www.heritagebank.net
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
OTS Docket #: 14744
FDIC's unique #: 12361
Numeric code: 21
Regulator: FDIC
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: December 07, 1961
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 695 Marion Boulevard, Marion, IA 52302
County: Linn
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Cedar Rapids
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Cedar Rapids, IA (#1360)
Core Based Statistical Area (CBSA): Cedar Rapids, IA (#16300)
CBSA Metro Statistical Area: Cedar Rapids, IA (#16300)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $35.9 mil
Equity capital: $3.6 mil
Deposits held in domestic offices: $32.1 mil
Return on assets (ROA): 0.39% ($0.1 mil)
Quarterly return on assets: -0.14% (-$0.1 mil)
Return on Equity (ROE): 3.80% ($0.2 mil)
Quarterly return on equity: -1.33% (-$0.1 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.41% ($147.1 mil)
Quarterly Pretax return on assets: -0.14% (-$50.2 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, 2011)

Dollar figures in thousands
9Total employees (full-time equivalent)
$35,874Total assets
$881Cash and due from depository institutions
$0Interest-bearing balances
$17,668Securities
$1,098Federal funds sold & reverse repurchase agreements
$15,376Net loans & leases
$109Loan loss allowance
$0Trading account assets
$408Bank premises and fixed assets
$3Other real estate owned
$0Goodwill and other intangibles
$35,874Life insurance assets
$440All other assets
$32,267Total liabilities and capital
$32,122Total liabilities
$28,026Total deposits
$32,122Interest-bearing deposits
$94Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$145Subordinated debt
$3,607All other liabilities
$3,607Total equity capital
$3,607Total bank equity capital
$0Perpetual preferred stock
$588Common stock
$2,422Surplus
$597Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$215Long-term assets (5+ years)
$34,142Average Assets, year-to-date
$17,816Average Assets, quarterly
$34,197Volatile liabilities
$35,149Insider loans
$17,570FHLB advances
$35,671Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,501Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,850Restructured Loans and leases
$980Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,717Total interest income
$406Total interest expense
$1,311Net interest income
$0Provision for loan and lease losses
$152Total noninterest income
$2Fiduciary activities
$59Service charges on deposit accounts
$0Trading account gains & fees
$91Additional noninterest income
$1,362Total noninterest expense
$653Salaries and employee benefits
$345Premises and equipment expense
$364Additional noninterest expense
$101Pre-tax net operating income
$39Securities gains (losses)
$7Applicable income taxes
$133Income before extraordinary items
$0Extraordinary gains - net
$133Net income attributable to bank
$0Net charge-offs
$133Cash dividends
$10Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.28%Yield on earning assets
1.25%Cost of funding earning assets
4.03%Net interest margin
0.47%Noninterest income to earning assets
4.18%Noninterest expense to earning assets
0.28%Net operating income to assets
0.39%Return on assets (ROA)
0.41%Pretax return on assets
3.80%Return on equity (ROE)
3.80%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
10.10%Efficiency ratio
93,096Assets per employee
3.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.70%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.00%Net loans and leases to deposits
47.87%Net loans and leases to core deposits
47.87%Equity capital to assets
10.05%Core capital (leverage) ratio
9.81%Tier 1 risk-based capital ratio
19.93%Total risk-based capital ratio
Memoranda
$21Average assets
$34,197Average earning assets
$3,502Average equity
$32,547Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$2,558Managed Assets
1Number of Accounts
$599Personal trust and agency accounts
$599Employee 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
51Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$1,959Other retirement accounts
$27Corporate trust and agency accounts
$0Other fiduciary accounts
$1,932Fiduciary accounts held in foreign offices

List of branches

3 Iowa Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	12361	Heritage Bank	695 Marion Boulevard, Marion, IA 52302	March 01, 1899	Full Service Brick and Mortar
1	245444	Delhi Branch	311 Franklin, Delhi, IA 52223	March 11, 1996	Full Service Brick and Mortar
2	433267	Hiawatha Branch	2250 Blairs Ferry Road, Hiawatha, IA 52233	December 06, 2004	Full Service Brick and Mortar

Heritage Bank in Marion, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Heritage Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Heritage Bank in Marion, Iowa (IA)Overview, Financial Summary, Detailed Financial Reports, Branches

Heritage Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

Heritage Bank in Marion, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches