Heritage Bank, a Federal Savings Bank in Great Falls, Montana (MT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2001

  • Heritage Bank, a Federal Savings Bank in Great Falls, Montana (MT)
  • Show street view No street view available for this location

Heritage Bank, a Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 32319
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: HeritageBank (#34970)
    Federal Reserve ID: 377373
    Date Established: December 12, 1923
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8137
    FDIC's unique #: 45153
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 08, 1985
    Last Structure Change Effective Date: January 01, 2001
    Last Structure Change Process Date: Febuary 12, 2001
    Last Data Update: Febuary 12, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 First Ave N, Great Falls, MT 59401
    County: Cascade
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Billings
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Great Falls, MT (#3040)
    Core Based Statistical Area (CBSA): Great Falls, MT (#24500)
    CBSA Metro Statistical Area: Great Falls, MT (#24500)
  • Financial Summary
  • Total assets: $276.0 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, 2000)

  • Dollar figures in thousands
  • 96Total employees (full-time equivalent)
  • $276,006Total assets
  • $13,513Cash and due from depository institutions
  • $11,890Interest-bearing balances
  • $47,399Securities
  • $1,823Federal funds sold & reverse repurchase agreements
  • $196,001Net loans & leases
  • $1,877Loan loss allowance
  • $0Trading account assets
  • $4,915Bank premises and fixed assets
  • $643Other real estate owned
  • $1,273Goodwill and other intangibles
  • $0Life insurance assets
  • $10,439All other assets
  • $276,006Total liabilities and capital
  • $255,325Total liabilities
  • $185,699Total deposits
  • $158,471Interest-bearing deposits
  • $185,699Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $11,366Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $52,175Other borrowed funds
  • $0Subordinated debt
  • $6,085All other liabilities
  • $20,681Total equity capital
  • $20,681Total bank equity capital
  • $20,681Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $16,990Undivided profits
  • Memoranda
  • $2,691Noncurrent loans and leases
  • $20,619Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $880Earning assets
  • $0Long-term assets (5+ years)
  • $2,196Average Assets, year-to-date
  • $257,113Average Assets, quarterly
  • $0Volatile liabilities
  • $264,784Insider loans
  • $274,410FHLB advances
  • $110,622Loans and leases held for sale
  • $111Unused loan commitments
  • $52,175Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $20,619Total unused commitments
  • $800Restructured Loans and leases
  • $1,877Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $19,024Total interest income
  • $11,706Total interest expense
  • $7,318Net interest income
  • $1,330Provision for loan and lease losses
  • $1,567Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,567Additional noninterest income
  • $6,644Total noninterest expense
  • $3,902Salaries and employee benefits
  • $1,184Premises and equipment expense
  • $1,558Additional noninterest expense
  • $911Pre-tax net operating income
  • $2,176Securities gains (losses)
  • $1,175Applicable income taxes
  • $1,912Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,912Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $906Sale, conversion, retirement of capital stock, net
  • $2,200Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.70%Yield on earning assets
  • 4.74%Cost of funding earning assets
  • 2.96%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 2.69%Noninterest expense to earning assets
  • 0.20%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 9.48%Return on equity (ROE)
  • -1.43%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 146.80%Credit loss provision to net charge-offs
  • 2.47%Efficiency ratio
  • 73,089Assets per employee
  • 2.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 115.06%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 213.30%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 105.55%Net loans and leases to core deposits
  • 141.40%Equity capital to assets
  • 7.49%Core capital (leverage) ratio
  • 7.09%Tier 1 risk-based capital ratio
  • 10.39%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $264,784Average earning assets
  • $20,172Average equity
  • $246,936Average 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, a Federal Savings Bank.
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