Heritage State Bank in Nevada, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches


Heritage State Bank - Overview

  • General
  • FDIC Certificate #: 12617
    Status: Active
    Federal Reserve ID: 307950
    Bank Holding Company (Regulatory Top Holder): Shelbank Corporation (RSSDID: 1058679, Location: Nevada, MO)
    Date Established: June 11, 1911
    WWW: http://www.heritagestatebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11199
    FDIC's unique #: 8013
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1625 Hedges Plaza, Nevada, MO 64772
    County: Vernon
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Springfield Mo
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $117.1 mil
    Equity capital: $10.5 mil
    Deposits held in domestic offices: $93.5 mil
    Return on assets (ROA): 1.12% ($1.3 mil)
    Quarterly return on assets: 2.00% ($2.3 mil)
    Return on Equity (ROE): 12.12% ($1.2 mil)
    Quarterly return on equity: 21.79% ($2.2 mil)
    Net income: $1.2 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.13% ($1,323.4 mil)
    Quarterly Pretax return on assets: 2.01% ($2,354.1 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, 2011)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $117,118Total assets
  • $3,794Cash and due from depository institutions
  • $51Interest-bearing balances
  • $19,223Securities
  • $2,305Federal funds sold & reverse repurchase agreements
  • $82,552Net loans & leases
  • $1,555Loan loss allowance
  • $0Trading account assets
  • $3,754Bank premises and fixed assets
  • $696Other real estate owned
  • $218Goodwill and other intangibles
  • $117,118Life insurance assets
  • $4,576All other assets
  • $106,646Total liabilities and capital
  • $93,533Total liabilities
  • $78,515Total deposits
  • $93,533Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $12,500Trading liabilities
  • $0Other borrowed funds
  • $613Subordinated debt
  • $10,472All other liabilities
  • $10,472Total equity capital
  • $10,472Total bank equity capital
  • $0Perpetual preferred stock
  • $308Common stock
  • $2,840Surplus
  • $7,324Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $88Income earned, not collected on loans
  • $0Earning assets
  • $903Long-term assets (5+ years)
  • $104,131Average Assets, year-to-date
  • $57,935Average Assets, quarterly
  • $109,158Volatile liabilities
  • $113,071Insider loans
  • $82,517FHLB advances
  • $111,278Loans and leases held for sale
  • $2,381Unused loan commitments
  • $477Tier 1 (core) risk-based capital
  • $9,909Tier 2 risk-based capital
  • $1,904Total risk weighted assets
  • $0Total unused commitments
  • $7,113Restructured Loans and leases
  • $1,415Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,429Total interest income
  • $1,041Total interest expense
  • $4,388Net interest income
  • $320Provision for loan and lease losses
  • $1,337Total noninterest income
  • $0Fiduciary activities
  • $517Service charges on deposit accounts
  • $0Trading account gains & fees
  • $820Additional noninterest income
  • $4,176Total noninterest expense
  • $2,109Salaries and employee benefits
  • $592Premises and equipment expense
  • $1,475Additional noninterest expense
  • $1,229Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • $1,228Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,228Net income attributable to bank
  • $0Net charge-offs
  • $1,228Cash dividends
  • $141Sale, conversion, retirement of capital stock, net
  • $925Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.61%Yield on earning assets
  • 1.08%Cost of funding earning assets
  • 4.53%Net interest margin
  • 1.38%Noninterest income to earning assets
  • 4.31%Noninterest expense to earning assets
  • 1.12%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 12.12%Return on equity (ROE)
  • 2.99%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 226.95%Credit loss provision to net charge-offs
  • 10.99%Efficiency ratio
  • 72,769Assets per employee
  • 4.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.33%Loss allowance to loans
  • 1.85%Loss allowance to noncurrent loans
  • 1767.05%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 88.26%Net loans and leases to core deposits
  • 90.20%Equity capital to assets
  • 8.94%Core capital (leverage) ratio
  • 8.90%Tier 1 risk-based capital ratio
  • 12.01%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $109,158Average earning assets
  • $10,135Average equity
  • $96,831Average loans

List of branches

  • 5 Missouri Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08013Heritage State Bank1625 Hedges Plaza, Nevada, MO 64772June 11, 1911Full Service Brick and Mortar
    2227573Sheldon BranchThird And Main Street, Sheldon, MO 64784April 08, 1985Full Service Brick and Mortar
    3272785Lamar Branch1109 Gulf Street, Lamar, MO 64759August 01, 1934Full Service Brick and Mortar
    4270283E Hiway 54 Branch724 East Highway 54, El Dorado Springs, MO 64744January 01, 1888Full Service Brick and Mortar
    5513834Heritage State Bank - Carthage Branc2813 The Loop, Carthage, MO 64836October 05, 2010Full Service Brick and Mortar

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