Heritage Bank National Assn
Spicer, Minnesota · FDIC Cert #19254
Heritage Bank National Assn is an FDIC-insured bank (Certificate #19254) with $535M in total assets and $428M in total deposits as of the Q2 2024 Call Report. Headquartered in Spicer, Minnesota, the bank maintains a Tier 1 capital ratio of 10.85% (Well-Capitalized) and a nonperforming loan ratio of 1.26%. BankHealthData assigns a composite Health Grade of C (59/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Heritage Bank National Assn (FDIC cert 19254) is a community bank — $535M in total assets, $428M in deposits, serving the Spicer, Minnesota area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is adequate: Tier 1 capital ratio of 10.85% meets the 8% well-capitalized threshold but does not provide substantial buffer above it. Adequate capital is regulatory-acceptable but leaves less room for absorbing unexpected losses. Asset quality is normal: non-performing loan ratio of 1.26% sits in the typical 0.5-2% range for healthy U.S. banks. Some NPL is unavoidable in any meaningful lending portfolio. Liquidity is thin: 14.6% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is thin: ROA of 0.37% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Heritage Bank National Assn carries a composite BankHealth grade of C (59/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Heritage Bank National Assn
- Total Assets
- $535M
- Total Deposits
- $428M
- Tier 1 Capital Ratio
- 10.85%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 1.26%
- Liquidity Ratio
- 14.60%
- Return on Assets
- 0.37%
- Headquarters
- Spicer, Minnesota
- FDIC Certificate
- #19254
- Health Grade
- C (59/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Heritage Bank National Assn holds a Tier 1 capital ratio of 10.85%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Heritage Bank National Assn has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Heritage Bank National Assn shows average financial health. While not alarming, its Health Score of 59/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Heritage Bank National Assn Compares
Heritage Bank National Assn’s Health Score of 59 is 14 points below the Minnesota state average of 73 across 225 FDIC-insured banks. Its 10.85% Tier 1 capital ratio is 3.2 points below the US banking industry average near 14%. The 1.26% nonperforming loan ratio is higher than the industry norm (~0.8%), indicating more credit stress than peers. Return on assets of 0.37% is below the national ROA benchmark of ~1.1%. Among 1425 similarly-sized banks, the average Health Score is 70, meaning this bank ranks below its size cohort. Site-wide, Heritage Bank National Assn is 11 points below the portfolio average of 70.
Frequently Asked Questions
Heritage Bank National Assn has a Bank Health Score of C (59/100), placing it in average financial health. It holds a Tier 1 capital ratio of 10.85%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Heritage Bank National Assn's Tier 1 capital ratio of 10.85% and nonperforming loan ratio of 1.26% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Heritage Bank National Assn is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #19254). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Heritage Bank National Assn holds $535M in total assets and $428M in total deposits. It is headquartered in Spicer, Minnesota (FDIC Certificate #19254).
Heritage Bank National Assn has a Tier 1 capital ratio of 10.85%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 1.26%, and the return on assets is 0.37%.
Yes. Heritage Bank National Assn is FDIC-insured (Certificate #19254). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Heritage Bank National Assn's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.