Heritage Bank, Financial Information

About Heritage Bank

 Address:
110 W South St
Spicer, MN
Kandiyohi County, Minnesota
 Established:
Oct 1964
 Number of domestic offices:
7
Total assets$461M
Net income$7M
Net income, quarterly$2M
Total deposits$375M
Domestic deposits$375M
Equity capital$46M
ROA1.67%
ROAQ, quarterly1.85%
ROA, pretax1.85%
ROAQ, quarterly, pretax1.87%
ROE16.98%
ROEQ, quarterly18.97%
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.