Heritage Bank in Pearland, Texas (TX)
Overview, Financial Summary, Detailed Financial Reports, Branches


Heritage Bank - Overview

  • General
  • FDIC Certificate #: 26372
    Status: Active
    Federal Reserve ID: 574051
    Bank Holding Company (Regulatory Top Holder): Heritage Bancorp, Inc. (RSSDID: 3792285, Location: Pearland, TX)
    Date Established: September 16, 1985
    WWW: http://www.bankheritage.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 32969
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 16, 1985
    Last Structure Change Effective Date: December 06, 2010
    Last Structure Change Process Date: December 28, 2010
    Last Data Update: December 28, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 1850 Pearland Parkway, Pearland, TX 77581
    County: Brazoria
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Houston
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Brazoria, TX (#1145)
    Consolidated Metropolitan Statistical Area (CMSA): Houston-Galveston-Brazoria, TX (#42)
    Combined Statistical Area (CSA): Houston-Baytown-Huntsville, TX (#288)
    Core Based Statistical Area (CBSA): Houston-Sugar Land-Baytown, TX (#26420)
    CBSA Metro Statistical Area: Houston-Sugar Land-Baytown, TX (#26420)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $65.3 mil
    Equity capital: $11.3 mil
    Deposits held in domestic offices: $53.8 mil
    Return on assets (ROA): -0.59% (-$0.4 mil)
    Quarterly return on assets: 0.11% ($0.1 mil)
    Return on Equity (ROE): -3.08% (-$0.3 mil)
    Quarterly return on equity: 0.64% ($0.1 mil)
    Net income: -$0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.88% (-$574.5 mil)
    Quarterly Pretax return on assets: 0.18% ($117.5 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
  • 21Total employees (full-time equivalent)
  • $65,282Total assets
  • $9,498Cash and due from depository institutions
  • $5,822Interest-bearing balances
  • $300Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $46,909Net loans & leases
  • $576Loan loss allowance
  • $0Trading account assets
  • $4,223Bank premises and fixed assets
  • $0Other real estate owned
  • $2,528Goodwill and other intangibles
  • $65,282Life insurance assets
  • $1,824All other assets
  • $53,939Total liabilities and capital
  • $53,792Total liabilities
  • $38,889Total deposits
  • $53,792Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $147Subordinated debt
  • $11,343All other liabilities
  • $11,343Total equity capital
  • $11,343Total bank equity capital
  • $0Perpetual preferred stock
  • $550Common stock
  • $13,183Surplus
  • $-2,390Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1Income earned, not collected on loans
  • $0Earning assets
  • $133Long-term assets (5+ years)
  • $53,031Average Assets, year-to-date
  • $12,222Average Assets, quarterly
  • $56,885Volatile liabilities
  • $62,906Insider loans
  • $51,388FHLB advances
  • $60,109Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,674Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,247Restructured Loans and leases
  • $1,829Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,582Total interest income
  • $387Total interest expense
  • $2,195Net interest income
  • $194Provision for loan and lease losses
  • $201Total noninterest income
  • $0Fiduciary activities
  • $98Service charges on deposit accounts
  • $0Trading account gains & fees
  • $103Additional noninterest income
  • $2,705Total noninterest expense
  • $1,448Salaries and employee benefits
  • $397Premises and equipment expense
  • $860Additional noninterest expense
  • -$503Pre-tax net operating income
  • $0Securities gains (losses)
  • -$170Applicable income taxes
  • -$333Income before extraordinary items
  • $0Extraordinary gains - net
  • -$333Net income attributable to bank
  • $0Net charge-offs
  • -$333Cash dividends
  • $13Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.86%Yield on earning assets
  • 0.88%Cost of funding earning assets
  • 4.98%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 6.14%Noninterest expense to earning assets
  • -0.59%Net operating income to assets
  • -0.59%Return on assets (ROA)
  • -0.88%Pretax return on assets
  • -3.08%Return on equity (ROE)
  • -3.08%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 1492.31%Credit loss provision to net charge-offs
  • -23.77%Efficiency ratio
  • 112,646Assets per employee
  • 3.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 57600.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 87.20%Net loans and leases to core deposits
  • 91.48%Equity capital to assets
  • 17.38%Core capital (leverage) ratio
  • 14.43%Tier 1 risk-based capital ratio
  • 16.88%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $56,885Average earning assets
  • $10,824Average equity
  • $44,039Average loans

List of branches

  • 2 Texas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032969Heritage Bank1850 Pearland Parkway, Pearland, TX 77581September 16, 1985Full Service Brick and Mortar
    1494888Detroit Branch12038 Hwy 82 W, Detroit, TX 75436September 10, 2008Full Service Brick and Mortar

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