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Heritage Bank Minnesota
West Concord, MN · FDIC Certificate #8865 · Chartered 06/0
Total assets
$120.86M
Total deposits
$109.78M
Total equity
$7.78M
Net loans
$97.81M
Branches (offices)
3
Net income (YTD)
$511.00K
Rank: #3,522 of 4,213 U.S. banks by assets · #153 of 221 in Minnesota. Assets changed 7.8% and deposits 7.6% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.85% |
| Return on equity | 13.66% |
| Net interest margin (YTD) | 3.85% |
| Equity to assets | 6.44% |
| Tier 1 leverage ratio | 7.27% |
| Uninsured deposits (share of deposits) | 11.4% |
| Noncurrent loans (share of loans) | 0.64% |
| Net charge-offs (share of loans) | 0.01% |
| Loans to deposits | 89.1% |
| Real estate loans (share of loans) | 78.1% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $76.40M | 78.1% | |
| Commercial & industrial | $11.59M | 11.8% | |
| Consumer / individual | $6.67M | 6.8% | |
| Construction & development | $3.68M | 3.8% | |
| Agricultural | $3.74M | 3.8% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $80.44M | $75.09M | $651.00K | $5.32M |
| Jun 2023 | $94.28M | $83.35M | $234.00K | $5.62M |
| Jun 2024 | $101.61M | $84.40M | $373.00K | $6.24M |
| Jun 2025 | $112.10M | $101.99M | $396.00K | $6.59M |
| Jun 2026 | $120.86M | $109.78M | $511.00K | $7.78M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $109.78M | 3 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $109.78M.
Similar-sized banks
California International Bank, N.A. ($120.90M) · Logan County Bank ($120.83M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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