Heritage Bank of Olathe in Olathe, Kansas (KS)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 02, 1998

  • Heritage Bank of Olathe in Olathe, Kansas (KS)
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Heritage Bank of Olathe - Overview

  • General
  • FDIC Certificate #: 23211
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Commerce Bank (#24998)
    Federal Reserve ID: 334152
    Date Established: October 01, 1980
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    OTS Docket #: 13736
    FDIC's unique #: 16264
    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: October 01, 1980
    Last Structure Change Effective Date: November 02, 1998
    Last Structure Change Process Date: January 27, 1999
    Last Data Update: January 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: Santa Fe At Mur-Len, Olathe, KS 66062
    County: Johnson
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Kansas City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760)
    Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312)
    Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140)
    CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
  • Financial Summary
  • Total assets: $49.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $47,921Total assets
  • $2,562Cash and due from depository institutions
  • $0Interest-bearing balances
  • $6,792Securities
  • $1,260Federal funds sold & reverse repurchase agreements
  • $35,650Net loans & leases
  • $409Loan loss allowance
  • $0Trading account assets
  • $1,091Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $566All other assets
  • $47,921Total liabilities and capital
  • $44,188Total liabilities
  • $39,905Total deposits
  • $32,255Interest-bearing deposits
  • $39,905Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,123Other borrowed funds
  • $0Subordinated debt
  • $160All other liabilities
  • $3,733Total equity capital
  • $3,733Total bank equity capital
  • $3,733Perpetual preferred stock
  • $0Common stock
  • $1,350Surplus
  • $2,048Undivided profits
  • Memoranda
  • $335Noncurrent loans and leases
  • $0Noncurrent 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)
  • $252Average Assets, year-to-date
  • $43,702Average Assets, quarterly
  • $679Volatile liabilities
  • $43,068Insider loans
  • $46,705FHLB advances
  • $6,250Loans and leases held for sale
  • $2,154Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,752Total unused commitments
  • $0Restructured Loans and leases
  • $39,673Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $3,633Total interest income
  • $1,652Total interest expense
  • $1,981Net interest income
  • $233Provision for loan and lease losses
  • $584Total noninterest income
  • $0Fiduciary activities
  • $341Service charges on deposit accounts
  • $0Trading account gains & fees
  • $243Additional noninterest income
  • $1,906Total noninterest expense
  • $947Salaries and employee benefits
  • $353Premises and equipment expense
  • $606Additional noninterest expense
  • $426Pre-tax net operating income
  • $0Securities gains (losses)
  • $128Applicable income taxes
  • $298Income before extraordinary items
  • $0Extraordinary gains - net
  • $298Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $243Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.16%Yield on earning assets
  • 4.17%Cost of funding earning assets
  • 5.00%Net interest margin
  • 1.47%Noninterest income to earning assets
  • 4.81%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 0.99%Pretax return on assets
  • 9.24%Return on equity (ROE)
  • 9.24%Retained earnings to average equity (YTD only)
  • 0.73%Net charge-offs to loans
  • 95.88%Credit loss provision to net charge-offs
  • 2.71%Efficiency ratio
  • 74,308Assets per employee
  • 1.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.13%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
  • 89.34%Net loans and leases to core deposits
  • 101.41%Equity capital to assets
  • 7.79%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 9.39%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $43,068Average earning assets
  • $3,226Average equity
  • $39,647Average loans

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