Total Assets
$155M
Total balance-sheet footings
FDIC Cert #9007 · Redfield, South Dakota · Est. 1909
Heartland State Bank - FDIC Bank Health Profile
A community-scale look at Heartland State Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $155M
- Total assets
- A
- Health grade · Excellent
- 2.48%
- Return on assets
- 10.7%
- Tier 1 capital
Data updated July 2026
The verdict
Heartland State Bank earns a PlainBankData health grade of A (88/100), with well-capitalized at 10.73% Tier 1, profitable at 2.48% ROA, efficient (50% cost ratio).
- #3,314
- largest of 4,313 FDIC banks by assets
- 23rd
- percentile by asset size, nationally
- 10.73%
- Tier 1 ratio - above the 10% well-capitalized line
- 96th
- percentile for profitability (ROA), nationally
PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.
How Heartland State Bank's 88/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Heartland State Bank's composite health score
Tier 1 Capital Ratio (10.73%) 28/40
Return on Assets (ROA) (2.48%) 25/25
Texas Ratio (0.00%) 20/20
Efficiency Ratio (49.69%) 15/15
88 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$125M
Customer-funded liabilities
Net Loans
$115M
Outstanding loan book
Net Income
$4M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Heartland State Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Heartland State Bank's score of 88/100 falls in the highlighted band.
Heartland State Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Heartland State Bank's $155M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
10.73% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
10.73%
Texas Ratio
0.00%
Equity Capital
$14M
Profitability metrics
Return on Assets (ROA)
96th percentile nationally
2.48%
Return on Equity (ROE)
28.12%
Efficiency Ratio
49.69%
What the numbers say about Heartland State Bank
Heartland State Bank is an FDIC-insured institution (Certificate #9007) headquartered in Redfield, South Dakota, established in 1909. It holds $155M in total assets - 3,314th of 4,313 FDIC-insured banks, $125M in customer deposits, and $115M in net loans. Capital-wise, the Tier 1 ratio sits at 10.73%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 0.00%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of A (88 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Heartland State Bank is a community-scale institution -- 37th of 56 FDIC-insured banks headquartered in South Dakota by asset size. Its modest footprint doesn't diminish its role: community banks this size are typically the primary lender for small local businesses and agricultural borrowers that larger regional banks tend to underserve.
Income & expense breakdown
$9M
Interest Income
$833K
Non-Interest Income
$4M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Heartland State Bank reports a Texas Ratio of 0.00% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.00% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in South Dakota by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Heartland State Bank (FDIC Cert #9007) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in South Dakota
All South Dakota banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Citibank, National AssociationSioux Falls | $1.84T | A | 0.85% |
| Wells Fargo Bank, National AssociationSioux Falls | $1.82T | A | 1.41% |
| The Bancorp Bank, National AssociationSioux Falls | $9.3B | A | 2.81% |
| Pathward, National AssociationSioux Falls | $7.6B | A | 2.65% |
| Dacotah BankAberdeen | $4.8B | B | 1.01% |
| First Bank & TrustBrookings | $4.7B | B | 1.02% |
| First PREMIER BankSioux Falls | $4.2B | A | 1.67% |
| First Dakota National BankYankton | $3.2B | A | 1.38% |
Frequently asked questions
What is Heartland State Bank's health grade?▼
Heartland State Bank receives a health grade of A (88/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Heartland State Bank?▼
Heartland State Bank holds $155M in total assets and $125M in deposits, ranking 3,314th of 4,313 FDIC-insured banks by asset size. It is headquartered in Redfield, South Dakota.
Is my money safe at Heartland State Bank?▼
Yes, deposits at Heartland State Bank (Certificate #9007) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Heartland State Bank's Tier 1 Capital Ratio?▼
Heartland State Bank has a Tier 1 Capital Ratio of 10.73%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Heartland State Bank?▼
Heartland State Bank has a Texas Ratio of 0.00%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Heartland State Bank?▼
Heartland State Bank has an Efficiency Ratio of 49.69%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Heartland State Bank's profile as a depositor or analyst.
- Heartland State Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Heartland State Bank against other South Dakota banks before moving funds. South Dakota banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.