# FIRST HERITAGE BANK N.A.

> **Failed bank** · NEWPORT BEACH, CA · failed 2008-07-25 · National commercial bank (OCC-chartered) · FDIC cost $92M

## What happened

FIRST HERITAGE BANK N.A. of NEWPORT BEACH, CA was closed by the OCC on **2008-07-25**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **MUTUAL OF OMAHA BANK** (OMAHA, NE). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3562
- **FDIC Certificate:** 57961
- **FDIC FIN:** 10009
- **Bank name:** FIRST HERITAGE BANK N.A.
- **Location:** NEWPORT BEACH, CA
- **Failure date:** 2008-07-25
- **FDIC resolution date:** 2008-07-25
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $92M
- **Deposits at failure:** $235M
- **Assets at failure:** $255M
- **Acquiring bank:** MUTUAL OF OMAHA BANK (OMAHA, NE)

## Other banks MUTUAL OF OMAHA BANK has acquired in FDIC resolutions

- MARCO COMMUNITY BANK (MARCO ISLAND, FL) — failed 2010-02-19 — /failed-bank/3753
- FIRST NATIONAL BANK OF NEVADA (RENO, NV) — failed 2008-07-25 — /failed-bank/3561

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20HERITAGE%20BANK%20N.A.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST HERITAGE BANK N.A. (FDIC ID 3562), failed 2008-07-25. Retrieved via AI Analytics 2026-07-16 from https://api.ai-analytics.org/failed-bank/3562.

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