Heritage State Bank in Lawrenceville, Illinois (IL), IN
Overview, Financial Summary, Detailed Financial Reports, Branches


Heritage State Bank - Overview

  • General
  • FDIC Certificate #: 29224
    Status: Active
    Federal Reserve ID: 912578
    Bank Holding Company (Regulatory Top Holder): Hbancorporation, Inc. (RSSDID: 2398215, Location: Lawrenceville, IL)
    Date Established: January 01, 1899
    WWW: http://www.heritagesb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Domestic: 3, Interstate: Yes)
    OTS Docket #: 3125
    FDIC's unique #: 42058
    Numeric code: 13
    Regulator: FED
    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: August 07, 1935
    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: 2201 James Street, Lawrenceville, IL 62439
    County: Lawrence
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Mount Vernon
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $71.2 mil
    Equity capital: $7.0 mil
    Deposits held in domestic offices: $64.0 mil
    Return on assets (ROA): 2.50% ($1.8 mil)
    Quarterly return on assets: 1.76% ($1.2 mil)
    Return on Equity (ROE): 27.55% ($1.9 mil)
    Quarterly return on equity: 18.32% ($1.3 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 2.50% ($1,780.3 mil)
    Quarterly Pretax return on assets: 1.76% ($1,253.3 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
  • 12Total employees (full-time equivalent)
  • $71,213Total assets
  • $4,586Cash and due from depository institutions
  • $4,130Interest-bearing balances
  • $5,808Securities
  • $40Federal funds sold & reverse repurchase agreements
  • $56,303Net loans & leases
  • $1,201Loan loss allowance
  • $0Trading account assets
  • $2,840Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $71,213Life insurance assets
  • $1,636All other assets
  • $64,196Total liabilities and capital
  • $64,027Total liabilities
  • $54,893Total deposits
  • $64,027Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $169Subordinated debt
  • $7,017All other liabilities
  • $7,017Total equity capital
  • $7,017Total bank equity capital
  • $0Perpetual preferred stock
  • $493Common stock
  • $1,762Surplus
  • $4,762Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $1,359Long-term assets (5+ years)
  • $66,281Average Assets, year-to-date
  • $5,356Average Assets, quarterly
  • $74,185Volatile liabilities
  • $71,848Insider loans
  • $61,641FHLB advances
  • $72,746Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,073Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,592Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,392Total interest income
  • $385Total interest expense
  • $4,007Net interest income
  • $60Provision for loan and lease losses
  • $113Total noninterest income
  • $0Fiduciary activities
  • $48Service charges on deposit accounts
  • $0Trading account gains & fees
  • $65Additional noninterest income
  • $2,267Total noninterest expense
  • $1,210Salaries and employee benefits
  • $382Premises and equipment expense
  • $675Additional noninterest expense
  • $1,793Pre-tax net operating income
  • $59Securities gains (losses)
  • $0Applicable income taxes
  • $1,852Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,852Net income attributable to bank
  • $0Net charge-offs
  • $1,852Cash dividends
  • $67Sale, conversion, retirement of capital stock, net
  • $1,158Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.33%Yield on earning assets
  • 0.55%Cost of funding earning assets
  • 5.77%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 3.27%Noninterest expense to earning assets
  • 2.42%Net operating income to assets
  • 2.50%Return on assets (ROA)
  • 2.50%Pretax return on assets
  • 27.55%Return on equity (ROE)
  • 10.32%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 89.55%Credit loss provision to net charge-offs
  • 27.66%Efficiency ratio
  • 55,024Assets per employee
  • 5.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 62.53%Loss allowance to loans
  • 2.09%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
  • 87.94%Net loans and leases to core deposits
  • 87.94%Equity capital to assets
  • 9.85%Core capital (leverage) ratio
  • 9.72%Tier 1 risk-based capital ratio
  • 11.47%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $74,185Average earning assets
  • $6,722Average equity
  • $69,407Average loans

List of branches

  • 1 Illinois Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042058Heritage State Bank2201 James Street, Lawrenceville, IL 62439January 01, 1899Full Service Brick and Mortar
  • 2 Indiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    4437801Hart Street Branch1231 Hart Street, Vincennes, IN 47591December 27, 2004Full Service Brick and Mortar
    5480312Haubstadt Branch101 State Road 68, Haubstadt, IN 47639July 07, 2008Full Service Brick and Mortar

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