Heritage Bank National Association

Spicer, MN
IDRSSD: 901358
Total Assets
$398.40M
Latest filing
Total Deposits
$342.34M
Latest filing
Net Interest Margin
3.72%
Profitability

Locations

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Main Office
Heritage Bank National Association
110 W South St
Spicer, MN 56288
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/08/1964FDIC Certificate 13069

Branches (4)

Page 1 of 1
NameAddressCity / State
Heritage Bank National Association (Main)110 W South StSpicer, MN
RAYMOND BRANCH202 Cofield St NRaymond, MN
WILLMAR BRANCH310 1st St SwWillmar, MN
SIOUX FALLS BRANCH140 N Phillips AveSioux Falls, SD
PENNOCK BRANCH242 N 1st StPennock, MN
Showing 4 of 4

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, national (federal) charter, Fed member, and supervised by the OCC
Primary RegulatorOCC
Established Date10/08/1964
Community BankYes
Ownership TypeNot Mutual
ZIP56288
State and County Number27067
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number09
Numeric code3
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameWillmar, MN

Operational Info

Number of Employees83
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date01/17/2025
Date of Deposit Insurance10/08/1964
Primary Insurance AgencyDIF
Websitewww.heritagebankna.com
Data Updated11/14/2025
CERT19254
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$398.40M
Total Deposits$342.34M
Total Liabilities$360.24M
Total Equity Capital$38.17M
Net Income$172.00k
Net Loans and Leases$331.96M
Assets Per Employee ($Millions)$4.58M
Bank Premises and Fixed Assets$4.00M
Cash and Balances due from Depository Institutions$21.20M
Deposits Held in Domestic Offices$342.34M

Key Performance Ratios

Return on Assets (ROA)0.17%
Return on Equity (ROE)1.77%
Net Interest Margin3.72%
Efficiency Ratio95.32%
Tier 1 Risk-Based Capital Ratio14.194%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.02%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.58%
Earning Assets to total Assets93.98%

Income and Expense

Total Interest Income$5.74M
Total Noninterest Income$595.00k
Total Interest Expense$2.19M
Total Noninterest Expense$3.95M
Net Interest Income$3.55M
Pre-tax Net Operating Income$172.00k
Provision for Credit Losses$22.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$96.00k
Other borrowed funds$13.05M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.84M
Total Liabilities and Capital$398.40M

Securities

Securities$28.11M
Available-for-sale debt securities$25.18M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$2.92M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Heritage Bank National Association?
$398.40M as of the latest filing.
How much are Heritage Bank National Association's total deposits?
$342.34M in total deposits.
Where is Heritage Bank National Association located?
Spicer, MN.
What is the Net Interest Margin?
3.72%.
How many domestic offices does it operate?
5.
When was it established?
10/08/1964.
What is the Return on Assets (ROA)?
0.17%.
How much are total loans and leases?
$331.96M (latest filing).
What is the total interest income (latest filing)?
$5.74M.