Heritage Bank of Morehouse in Bastrop, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 24, 1994

  • Heritage Bank of Morehouse in Bastrop, Louisiana (LA)
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Heritage Bank of Morehouse - Overview

  • General
  • FDIC Certificate #: 16929
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, Louisiana, National Association (#4306)
    Federal Reserve ID: 589354
    Date Established: August 21, 1950
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 9773
    FDIC's unique #: 11012
    Numeric code: 21
    Regulator: FDIC
    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: August 21, 1950
    Last Structure Change Effective Date: June 24, 1994
    Last Structure Change Process Date: July 11, 1994
    Last Data Update: July 11, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: North Franklin & Washington Streets, Bastrop, LA 71220
    County: Morehouse
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Shreveport
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Combined Statistical Area (CSA): Monroe-Bastrop, LA (#384)
    Core Based Statistical Area (CBSA): Bastrop, LA (#12820)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $94.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $33Total assets
  • $92,119Cash and due from depository institutions
  • $2,749Interest-bearing balances
  • $106Securities
  • $22,053Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $63,150Loan loss allowance
  • $828Trading account assets
  • $0Bank premises and fixed assets
  • $1,705Other real estate owned
  • $99Goodwill and other intangibles
  • $2,089Life insurance assets
  • $274All other assets
  • $0Total liabilities and capital
  • $92,119Total liabilities
  • $85,115Total deposits
  • $81,519Interest-bearing deposits
  • $71,680Deposits held in domestic offices
  • 81519.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $3,118Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $478Total equity capital
  • $478Total bank equity capital
  • $7,004Perpetual preferred stock
  • $0Common stock
  • $740Surplus
  • $3,604Undivided profits
  • Memoranda
  • $2,660Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $631Income earned, not collected on loans
  • $1,446Earning assets
  • $85,309Long-term assets (5+ years)
  • $13,836Average Assets, year-to-date
  • $92,397Average Assets, quarterly
  • $90,295Volatile liabilities
  • $19,003Insider loans
  • $1,846FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,316Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,730Total risk weighted assets
  • $69,685Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,147Total interest expense
  • $2,799Net interest income
  • $4,348Provision for loan and lease losses
  • $1,248Total noninterest income
  • $682Fiduciary activities
  • $0Service charges on deposit accounts
  • $492Trading account gains & fees
  • $0Additional noninterest income
  • $190Total noninterest expense
  • $3,044Salaries and employee benefits
  • $1,257Premises and equipment expense
  • $291Additional noninterest expense
  • $1,496Pre-tax net operating income
  • $738Securities gains (losses)
  • -$8Applicable income taxes
  • $66Income before extraordinary items
  • $664Extraordinary gains - net
  • $127Net income attributable to bank
  • $791Net charge-offs
  • $1,170Cash dividends
  • $197Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.36%Cost of funding earning assets
  • 3.27%Net interest margin
  • 5.08%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 3.56%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 0.93%Return on equity (ROE)
  • 11.62%Retained earnings to average equity (YTD only)
  • 8.72%Net charge-offs to loans
  • 1.86%Credit loss provision to net charge-offs
  • 106.67%Efficiency ratio
  • 59,245Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.91%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 131.22%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 0.99%Net loans and leases to deposits
  • 77.47%Net loans and leases to core deposits
  • 96.22%Equity capital to assets
  • 7.60%Core capital (leverage) ratio
  • 7.29%Tier 1 risk-based capital ratio
  • 9.66%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $92,397Average earning assets
  • $6,809Average equity
  • $85,524Average loans

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