Heritage Bank (MN) is headquartered in WEST CONCORD and is the 165th largest bank in the state of Minnesota. It is also the 3,769th largest bank in the nation. It was established in 1930 and as of March of 2025, it had grown to 16 employees at 3 locations. Heritage Bank (MN) has a B+ health rating.
Overall | |
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FDIC Certificate # | 8865 |
Year Established | 1930 |
Employees | 16 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.79% |
Return on Equity - YTD | 12.7% |
Annual Interest Income | $1.4MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $105MM$101.9MM |
Loans | Q1 2025vs Q1 2024 | $82.2MM$78.5MM |
Deposits | Q1 2025vs Q1 2024 | $94.8MM$83.8MM |
Equity Capital | Q1 2025vs Q1 2024 | $6.6MM$6.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $812K$698K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $279K$321K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Rates for Heritage Bank (MN) are currently being reviewed.
Heritage Bank (MN) Locations | ||
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Farmers State Bank Of West Concord | 181 Main Street | West Concord, MN 55985 |
Dennison Branch | 37470 First Ave. Court | Dennison, MN 55018 |
Northfield Branch | 1520 Clinton Lane | Northfield, MN 55057 |
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