First Heritage Bank, N.A.
Newport Beach, CA · Owner: First National Bank Holding Co
$255M
total assets, June 30, 2008
$255M
total assets, June 30, 2008
First Heritage Bank, N.A. was a national bank in Newport Beach, CA, owned by First National Bank Holding Co. It failed on Jul 25, 2008, and Mutual Of Omaha Bank took over its deposits. At its last report it held $255.4 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2008
This bank failed
- Failed on
- Jul 25, 2008
- Assets
- $255M
- Deposits
- $235M
- Estimated cost
- $92.1M
- Deposits went to
- Mutual Of Omaha Bank, Omaha, NE
Total assets
$255M
+4.0% in a year · +60.9% in a quarter
Deposits
$235M
+115.7% in a year · +72.8% in a quarter
Loans
$89.6M
-60.2% in a year · -15.1% in a quarter
Profit so far
-$4.9M
Jan 1 to Jun 30, 2008 · -580.8% in a year
Capital ratio
8.05%
-0.25 pts in a year
Return on assets
-5.28%
-6.18 pts in a year
Facts
- Type
- National bank
- Head office
- 4675 Macarthur Court, Suite 1480, Newport Beach, CA, 92660
- County
- Orange
- Holding company
- First National Bank Holding Co
- Established
- Feb 15, 2005
- Failed
- Jul 25, 2008
- Employees
- 25
- Branches
- 3
- Id
- b57961
Quarter by quarter
March 31, 2005 to June 30, 2008
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Heritage Bank, N.A.?
$255.4 million in total assets and $234.8 million in deposits as of June 30, 2008, with assets up 4.0% from a year before. Its loans were $89.6 million.
How many branches does First Heritage Bank, N.A. have?
3 branches in California as of June 30, 2026.
Is First Heritage Bank, N.A. profitable?
No: it lost $4.86 million from January 1 to June 30, 2008. Its return on assets was -5.28% a year; about 1% is typical.
Who owns First Heritage Bank, N.A.?
First Heritage Bank, N.A. is owned by First National Bank Holding Co, its holding company.
When did First Heritage Bank, N.A. fail?
Jul 25, 2008. Mutual Of Omaha Bank of Omaha, NE took over its deposits. The estimated cost of the failure was $92.1 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.