United Heritage Bank
Edison, NJ — Domestic Branch of a Domestic Bank
Acquired Mar 2007
Vitals
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Total Assets57.5M 10.5 %
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Total Deposits52.3M 14.9 %
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Total Net Loans39.5M 24.4 %
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Net Income
-
Book Value5.0M -0.3 %
-
Book Value x210.0M -0.3 %
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Book Value x315.0M -0.3 %
Balance Sheet Highlights
Financial Highlights | United Heritage Bank | All Insured Commercial Banks in New Jersey |
Balance Sheet $(000) | ||
Total Assets | 57,468 | 522,628 |
Total Net Loans | 39,453 | 374,392 |
Total Deposits | 52,287 | 410,871 |
Total Equity | 5,003 | 55,714 |
Profitability | ||
Net Income | — | 12,182 |
Return on Average Assets | — | 1.143 |
Return on Average Equity | — | 10.78 |
Net Interest Margin | 2.7 | 3.775 |
Efficiency Ratio | 104.431 | 80.57 |
Noninterest Income/Revenue | 5.006 | 13.346 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 75.455 | 80.992 |
Securities/Assets | .271 | .421 |
Total Equity/Total Assets | .087 | .107 |
Tangible Equity/Tangible Assets | .087 | -.027 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 5,117 | 47,574 |
Tier 2 Capital | 426 | 5,310 |
Total Capital | 5,543 | 52,213 |
Total Risk Weighted Assets | 42,575 | 384,386 |
Leverage Ratio | 8.47 | 10.735 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12.02 | 14.792 |
Total Capital Ratio | 13.02 | 15.86 |
Timeline for United Heritage Bank
United Heritage Bank
United Heritage Bank was established 26 years ago and is currently headquartered in Edison, NJ.
Oct 06 1997Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Cathay Bank | Buyer | 14,054,033 | Acquisition | Discontinued | 3/31/2007 |
Relationships | Role | Relationship Start | Relationship End |
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