Heritage Bank

Marion, IA
IDRSSD: 225942
Total Assets
$39.41M
Latest filing
Total Deposits
$33.24M
Latest filing
Net Interest Margin
2.65%
Profitability

Locations

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Main Office
Heritage Bank
695 Marion Blvd
Marion, IA 52302
Full Service - Brick and Mortar
Updated 11/14/2025Established 03/01/1899FDIC Certificate 12361

Branches (2)

Page 1 of 1
NameAddressCity / State
Heritage Bank (Main)695 Marion BlvdMarion, IA
DELHI BRANCH402 Franklin StDelhi, IA
HIAWATHA BRANCH2250 Blairs Ferry RdHiawatha, IA
Showing 2 of 2

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, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date03/01/1899
Community BankYes
Ownership TypeNot Mutual
ZIP52302
State and County Number19113
Subchapter S CorporationsYes
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameCedar Rapids, IA

Operational Info

Number of Employees9
Domestic Offices3
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance12/07/1961
Primary Insurance AgencyDIF
Websitewww.heritagemarion.bank
Data Updated11/14/2025
CERT18463
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$39.41M
Total Deposits$33.24M
Total Liabilities$37.21M
Total Equity Capital$2.20M
Net Income$-81,000
Net Loans and Leases$19.67M
Assets Per Employee ($Millions)$5.63M
Bank Premises and Fixed Assets$439.00k
Cash and Balances due from Depository Institutions$5.89M
Deposits Held in Domestic Offices$33.24M

Key Performance Ratios

Return on Assets (ROA)-0.83%
Return on Equity (ROE)-15.36%
Net Interest Margin2.65%
Efficiency Ratio130.29%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets5.584%
Earning Assets to total Assets95.57%

Income and Expense

Total Interest Income$389.00k
Total Noninterest Income$28.00k
Total Interest Expense$143.00k
Total Noninterest Expense$357.00k
Net Interest Income$246.00k
Pre-tax Net Operating Income$-83,000
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$612.00k
Federal Funds Sold & Reverse Repurchase Agreement$27.00k
Federal Funds Purchased and Repurchased Agreement$2.75M
All Other Liabilities$611.00k
Total Liabilities and Capital$39.41M

Securities

Securities$12.80M
Available-for-sale debt securities$12.80M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Heritage Bank?
$39.41M as of the latest filing.
How much are Heritage Bank's total deposits?
$33.24M in total deposits.
Where is Heritage Bank located?
Marion, IA.
What is the Net Interest Margin?
2.65%.
How many domestic offices does it operate?
3.
When was it established?
03/01/1899.
What is the Return on Assets (ROA)?
-0.83%.
How much are total loans and leases?
$19.67M (latest filing).
What is the total interest income (latest filing)?
$389.00k.