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Table of contents:
GeneralFDIC Certificate #: 17431
Status: Active
Federal Reserve ID: 913146
Date Established: April 29, 1955
WWW: http://www.ozarkheritagebank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 11424
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: April 29, 1955
Last Structure Change Effective Date: April 01, 2009
Last Structure Change Process Date: April 02, 2009
Last Data Update: April 02, 2009
Data Source Date: April 05, 2012
LocationAddress: 802 East Main Street, Mountain View, AR 72560
County: Stone
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Little Rock
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Western
History of ChangesParticipated in Reorganization
Change in Location
Name Change
Financial SummaryTotal assets: $64.7 mil
Equity capital: $8.1 mil
Deposits held in domestic offices: $56.4 mil
Return on assets (ROA): -0.23% (-$0.1 mil)
Quarterly return on assets: 0.83% ($0.5 mil)
Return on Equity (ROE): -2.09% (-$0.2 mil)
Quarterly return on equity: 7.16% ($0.6 mil)
Net income: -$0.1 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: -0.37% (-$239.3 mil)
Quarterly Pretax return on assets: 1.25% ($808.6 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)
Total employees (full-time equivalent)28
Total assets$64,689
Cash and due from depository institutions$1,372
Interest-bearing balances$0
Federal funds sold & reverse repurchase agreements$975
Net loans & leases$43,962
Loan loss allowance $1,775
Trading account assets$0
Bank premises and fixed assets$2,762
Other real estate owned$319
Goodwill and other intangibles$1,009
All other assets$2,682
Life insurance assets$64,689
Total liabilities and capital$56,599
Total liabilities$56,363
Total deposits$53,677
Interest-bearing deposits$56,363
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $236
All other liabilities $8,090
Total equity capital$8,090
Total bank equity capital$8,090
Perpetual preferred stock$2,386
Common stock$8
Undivided profits $-1,659
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,131
Earning assets $0
Long-term assets (5+ years) $434
Average Assets, year-to-date $56,545
Average Assets, quarterly $8,013
Volatile liabilities $63,751
Insider loans $64,930
FHLB advances $41,803
Loans and leases held for sale $61,610
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $5,556
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,548
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,218
Total interest expense $1,097
Net interest income $2,121
Provision for loan and lease losses $395
Total noninterest income $480
Fiduciary activities $0
Service charges on deposit accounts $119
Trading account gains & fees $0
Additional noninterest income $361
Total noninterest expense $2,545
Salaries and employee benefits $1,160
Premises and equipment expense $265
Additional noninterest expense $1,120
Pre-tax net operating income -$339
Securities gains (losses) $105
Applicable income taxes -$89
Income before extraordinary items -$145
Extraordinary gains - net $0
Net income attributable to bank -$145
Net charge-offs $0
Cash dividends -$145
Sale, conversion, retirement of capital stock, net $900
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.72%
Cost of funding earning assets 1.95%
Net interest margin 3.77%
Noninterest income to earning assets 0.85%
Noninterest expense to earning assets 4.52%
Net operating income to assets -0.33%
Return on assets (ROA) -0.23%
Pretax return on assets -0.37%
Return on equity (ROE) -2.09%
Retained earnings to average equity (YTD only) -2.09%
Net charge-offs to loans 1.90%
Credit loss provision to net charge-offs 43.89%
Efficiency ratio0.06%
Assets per employee$97,232
Cash dividends to net income (YTD only)2.31%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.88%
Noncurrent assets plus other real estate owned to assets 156.94%
Noncurrent loans to loans 2.24%
Net loans and leases to deposits2.47%
Net loans and leases to core deposits 78.00%
Equity capital to assets 88.77%
Core capital (leverage) ratio 12.51%
Tier 1 risk-based capital ratio 9.02%
Total risk-based capital ratio 13.29%
Average assets$15
Average earning assets$63,751
Average equity $6,945
Average loans $56,254
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2 Arkansas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
011424Ozark Heritage Bank National Associa802 East Main Street, Mountain View, AR 72560April 29, 1955Full Service Brick and Mortar
2489689Althemer BranchFront And Chestnut Street, Altheimer, AR 72004April 01, 2009Full Service Brick and Mortar
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