Heritage Savings Bank, FSB in Lutherville, Maryland (MD)



Show street view No street view available for this location
Table of contents:
Heritage Savings Bank, FSB
GeneralFDIC Certificate #: 28486
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Baltimore County Savings Bank (#32341)
Federal Reserve ID: 282673
Date Established: January 01, 1902
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 1684
FDIC's unique #: 41320
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: December 08, 1954
Last Structure Change Effective Date: July 24, 2002
Last Structure Change Process Date: August 22, 2002
Last Data Update: August 22, 2002
Data Source Date: April 05, 2012
LocationAddress: 1505 York Road, Lutherville, MD 21093
County: Baltimore
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Baltimore
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Baltimore, MD (#720)
Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
Core Based Statistical Area (CBSA): Baltimore-Towson, MD (#12580)
CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
Financial SummaryTotal assets: $153.4 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, 2001)
(Dollar figures in thousands)
Total employees (full-time equivalent)33
Total assets$162,855
Cash and due from depository institutions$24,807
Interest-bearing balances$23,393
Securities$21,535
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$112,392
Loan loss allowance $308
Trading account assets$0
Bank premises and fixed assets$1,359
Other real estate owned$0
Goodwill and other intangibles$54
All other assets$2,708
Life insurance assets$0
Total liabilities and capital$162,855
Total liabilities$147,022
Total deposits$124,373
Interest-bearing deposits$123,044
Deposits held in domestic offices$124,373
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $22,386
Subordinated debt $0
All other liabilities $263
Total equity capital$15,833
Total bank equity capital$15,833
Perpetual preferred stock$15,833
Common stock$0
Surplus$10
Undivided profits $7,981
Memoranda
Noncurrent loans and leases $7,842
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $19,105
Income earned, not collected on loans $0
Earning assets $454
Long-term assets (5+ years) $0
Average Assets, year-to-date $615
Average Assets, quarterly $157,320
Volatile liabilities $0
Insider loans $162,976
FHLB advances $163,164
Loans and leases held for sale $35,299
Unused loan commitments $0
Tier 1 (core) risk-based capital $22,000
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $19,105
Restructured Loans and leases $247
Derivatives$308
Back to page top, Back to table top

Income and Expense (December 31, 2001)
(Dollar figures in thousands)
Total interest income $11,282
Total interest expense $7,626
Net interest income $3,656
Provision for loan and lease losses $14
Total noninterest income $259
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $259
Total noninterest expense $3,136
Salaries and employee benefits $2,098
Premises and equipment expense $445
Additional noninterest expense $593
Pre-tax net operating income $765
Securities gains (losses) $0
Applicable income taxes $304
Income before extraordinary items $461
Extraordinary gains - net $0
Net income attributable to bank $461
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $14
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2001)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets7.18%
Cost of funding earning assets 4.85%
Net interest margin 2.33%
Noninterest income to earning assets 0.16%
Noninterest expense to earning assets 2.00%
Net operating income to assets 0.28%
Return on assets (ROA) 0.28%
Pretax return on assets 0.47%
Return on equity (ROE) 3.02%
Retained earnings to average equity (YTD only) 3.02%
Net charge-offs to loans 0.01%
Credit loss provision to net charge-offs 100.00%
Efficiency ratio55.64%
Assets per employee$80,000
Cash dividends to net income (YTD only)4.93%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.27%
Noncurrent assets plus other real estate owned to assets 67.84%
Noncurrent loans to loans 0.28%
Net loans and leases to deposits0.40%
Net loans and leases to core deposits 90.37%
Equity capital to assets 100.84%
Core capital (leverage) ratio 9.72%
Tier 1 risk-based capital ratio 9.68%
Total risk-based capital ratio 17.77%
Memoranda
Average assets$18
Average earning assets$162,976
Average equity $15,272
Average loans $157,098
Back to page top, Back to table top

User Contributions:

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

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Heritage Savings Bank, FSB.
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.