Overview / Commentary
Dakota Heritage Bank is headquartered in HUNTER and is the 26th largest bank in the state of North Dakota. It is also the 2,327th largest bank in the nation. It was established in 1945 and as of June of 2023, it had grown to 54 employees at 11 locations. Dakota Heritage Bank has a B+ health rating.
Health
B+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16231 |
| Year Established | 1945 |
| Employees | 54 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.69% |
| Return on Equity - YTD | 19.89% |
| Annual Interest Income | $7.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $325.2MM$322.9MM |
| Loans | Q2 2023vs Q2 2022 | $243.3MM$202.6MM |
| Deposits | Q2 2023vs Q2 2022 | $284.8MM$292.9MM |
| Equity Capital | Q2 2023vs Q2 2022 | $28.2MM$25.7MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $3.0MM$2.3MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $753.00K$610.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
