Heritage Bank East Bay in Fremont, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2003

  • Heritage Bank East Bay in Fremont, California (CA)
  • Show street view No street view available for this location

Heritage Bank East Bay - Overview

  • General
  • FDIC Certificate #: 34912
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Heritage Bank of Commerce (#33905)
    Federal Reserve ID: 2731287
    Date Established: December 07, 1998
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 61975
    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: December 07, 1998
    Last Structure Change Effective Date: January 01, 2003
    Last Structure Change Process Date: Febuary 10, 2003
    Last Data Update: Febuary 10, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 3077 Stevenson Boulevard, Fremont, CA 94538
    County: Alameda
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Oakland, CA (#5775)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: Oakland-Fremont-Hayward, CA (#36084)
  • Financial Summary
  • Total assets: $134.3 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, 2002)

  • Dollar figures in thousands
  • 32Total employees (full-time equivalent)
  • $134,330Total assets
  • $5,888Cash and due from depository institutions
  • $1Interest-bearing balances
  • $24,494Securities
  • $9,100Federal funds sold & reverse repurchase agreements
  • $90,959Net loans & leases
  • $1,403Loan loss allowance
  • $0Trading account assets
  • $301Bank premises and fixed assets
  • $0Other real estate owned
  • $240Goodwill and other intangibles
  • $0Life insurance assets
  • $3,348All other assets
  • $134,330Total liabilities and capital
  • $122,577Total liabilities
  • $121,290Total deposits
  • $101,069Interest-bearing deposits
  • $121,290Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,287All other liabilities
  • $11,753Total equity capital
  • $11,753Total bank equity capital
  • $11,753Perpetual preferred stock
  • $0Common stock
  • $5,500Surplus
  • $5,750Undivided profits
  • Memoranda
  • $503Noncurrent loans and leases
  • $45,632Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $514Average Assets, year-to-date
  • $124,554Average Assets, quarterly
  • $14,262Volatile liabilities
  • $131,936Insider loans
  • $140,515FHLB advances
  • $28,199Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $45,632Total unused commitments
  • $0Restructured Loans and leases
  • $1,403Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $6,876Total interest income
  • $1,900Total interest expense
  • $4,976Net interest income
  • $466Provision for loan and lease losses
  • $239Total noninterest income
  • $0Fiduciary activities
  • $172Service charges on deposit accounts
  • $0Trading account gains & fees
  • $67Additional noninterest income
  • $4,443Total noninterest expense
  • $2,375Salaries and employee benefits
  • $739Premises and equipment expense
  • $1,329Additional noninterest expense
  • $306Pre-tax net operating income
  • $267Securities gains (losses)
  • $196Applicable income taxes
  • $377Income before extraordinary items
  • $0Extraordinary gains - net
  • $377Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $321Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.61%Yield on earning assets
  • 1.55%Cost of funding earning assets
  • 4.06%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 3.62%Noninterest expense to earning assets
  • 0.15%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.43%Pretax return on assets
  • 3.27%Return on equity (ROE)
  • 3.27%Retained earnings to average equity (YTD only)
  • 0.37%Net charge-offs to loans
  • 145.17%Credit loss provision to net charge-offs
  • 2.40%Efficiency ratio
  • 84,430Assets per employee
  • 4.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 74.99%Net loans and leases to core deposits
  • 97.71%Equity capital to assets
  • 8.75%Core capital (leverage) ratio
  • 7.93%Tier 1 risk-based capital ratio
  • 10.01%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $131,936Average earning assets
  • $11,520Average equity
  • $122,634Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Heritage Bank East Bay.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents