Total Assets
$118M
Total balance-sheet footings
FDIC Cert #8865 · West Concord, Minnesota · Est. 1930
Heritage Bank Minnesota - FDIC Bank Health Profile
A community-scale look at Heritage Bank Minnesota's own numbers, pulled straight from its quarterly FDIC Call Report.
- $118M
- Total assets
- C
- Health grade · Fair
- 0.67%
- Return on assets
- 9.8%
- Tier 1 capital
Data updated July 2026
The verdict
Heritage Bank Minnesota earns a PlainBankData health grade of C (56/100), with 9.79% Tier 1 capital, 0.67% ROA, 79% efficiency ratio.
- #3,599
- largest of 4,313 FDIC banks by assets
- 17th
- percentile by asset size, nationally
- 9.79%
- Tier 1 ratio - below the 10% well-capitalized line
- 23rd
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How Heritage Bank Minnesota's 56/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Heritage Bank Minnesota's composite health score
Tier 1 Capital Ratio (9.79%) 18/40
Return on Assets (ROA) (0.67%) 14/25
Texas Ratio (4.62%) 20/20
Efficiency Ratio (78.57%) 4/15
56 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$105M
Customer-funded liabilities
Net Loans
$96M
Outstanding loan book
Net Income
$734K
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Heritage Bank Minnesota ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Heritage Bank Minnesota's score of 56/100 falls in the highlighted band.
Heritage Bank Minnesota'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). Heritage Bank Minnesota's $118M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
9.79% of risk-weighted assets - below the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
9.79%
Texas Ratio
4.62%
Equity Capital
$7M
Profitability metrics
Return on Assets (ROA)
23rd percentile nationally
0.67%
Return on Equity (ROE)
10.81%
Efficiency Ratio
78.57%
What the numbers say about Heritage Bank Minnesota
Heritage Bank Minnesota is an FDIC-insured institution (Certificate #8865) headquartered in West Concord, Minnesota, established in 1930. It holds $118M in total assets - 3,599th of 4,313 FDIC-insured banks, $105M in customer deposits, and $96M in net loans. On safety, its Tier 1 capital ratio of 9.79% is below the 10% well-capitalized threshold, and its Texas Ratio of 4.62% sits in the healthy range below 50%. It earns a PlainBankData health grade of C (56/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
By assets, Heritage Bank Minnesota ranks 157th of 227 banks based in Minnesota -- squarely in the community-bank tier. Size alone doesn't determine a bank's local importance; a bank this size often has deeper, longer-standing relationships with the specific businesses and depositors it serves than a much larger institution would.
Income & expense breakdown
$6M
Interest Income
$263K
Non-Interest Income
$3M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Heritage Bank Minnesota reports a Texas Ratio of 4.62% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
4.62% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Minnesota by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Heritage Bank Minnesota (FDIC Cert #8865) - 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 Minnesota
All Minnesota banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Ameriprise Bank, FSBMinneapolis | $25.3B | A | 3.08% |
| Bridgewater BankSaint Louis Park | $5.4B | A | 0.99% |
| Frandsen Bank & TrustLonsdale | $3.7B | A | 1.48% |
| Stearns Bank National AssociationSaint Cloud | $3.3B | A | 1.85% |
| Minnwest BankRedwood Falls | $3.0B | B | 0.92% |
| Merchants Bank, National AssociationWinona | $2.9B | A | 1.23% |
| Tradition Capital BankWayzata | $2.6B | B | 0.71% |
| Think Mutual BankRochester | $2.2B | B | 0.61% |
Frequently asked questions
What is Heritage Bank Minnesota's health grade?▼
Heritage Bank Minnesota receives a health grade of C (56/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank meets regulatory minimums but has some areas of financial weakness to monitor.
How large is Heritage Bank Minnesota?▼
Heritage Bank Minnesota holds $118M in total assets and $105M in deposits, ranking 3,599th of 4,313 FDIC-insured banks by asset size. It is headquartered in West Concord, Minnesota.
Is my money safe at Heritage Bank Minnesota?▼
Yes, deposits at Heritage Bank Minnesota (Certificate #8865) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Heritage Bank Minnesota's Tier 1 Capital Ratio?▼
Heritage Bank Minnesota has a Tier 1 Capital Ratio of 9.79%. The federal "well-capitalized" threshold is 10%. This bank meets the minimum 6% "adequately capitalized" standard.
What is the Texas Ratio for Heritage Bank Minnesota?▼
Heritage Bank Minnesota has a Texas Ratio of 4.62%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Heritage Bank Minnesota?▼
Heritage Bank Minnesota has an Efficiency Ratio of 78.57%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Heritage Bank Minnesota's profile as a depositor or analyst.
- Heritage Bank Minnesota's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Heritage Bank Minnesota against other Minnesota banks before moving funds. Minnesota 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.