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Heartland State Bank, Financial Information

About Heartland State Bank

 Address:
302 East 7th Avenue
Redfield, SD
Spink County, South Dakota
 Established:
Jan 1909
 Number of domestic offices:
4
Agriculture bank
Total assets$97M
Net income$2M
Net income, quarterly$0M
Total deposits$84M
Domestic deposits$84M
Equity capital$11M
ROA1.93%
ROAQ, quarterly1.94%
ROA, pretax1.94%
ROAQ, quarterly, pretax1.98%
ROE17.27%
ROEQ, quarterly17.46%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Heartland State Bank have been an independent and locally owned bank since 1909. Heartland State Bank has grown to serve the communities of Wessington, Tulare, Highmore and Redfield. The bank offers Agricultural Loans, Installment Loans, Mortgages, Business Loans, Personal and Business Checking Accounts.

Heartland State Bank is a full-service bank that focuses attention on the needs of local families, businesses, and farmers. Heartland State Bank, like other community banks, channels most of their loans to the neighborhoods where banks depositors live and work, helping to keep local communities vibrant and growing.

Highmore
PO Box 219
114 Commercial Ave
Highmore, SD 57345
Ph: 605-852-2177
Fax: 605-852-2167

Redfield
PO Box 40
302 E 7th Ave
Redfield SD 57469
Ph: 605-475-5500
Fax: 605-475-5510

Tulare
PO Box 210
109 Main St
Tulare, SD 57476
Ph: 605-596-4123
Fax:605-596-4124

Wessington
PO Box 165
165 Wessington St
Wessington, SD 57381
Ph: 605-458-2255
Fax: 605-458-2256

Historical Data