TellerScore

Heritage Bank National Association is a national bank headquartered in Spicer, Minnesota, in business for about 62 years. At the end of Q2 2026 it reported $361.1M in total assets and $286.3M in deposits, with 4 offices.

Heritage Bank National Association has a TellerScore of 34 out of 100 (low) based on Q2 2026 data — higher than only 1% of its 2,650 banks with $100 million – $1 billion. Among 223 banks headquartered in Minnesota, it ranks 221st. Capital cushion contributes the most (58/100, 10.81%); loan quality contributes the least (0/100, 3.84%).

TellerScore · Q2 2026

Scorecard

Capital cushion58/100
Tier 1 leverage ratio: 10.81%
Loan quality0/100
Noncurrent loans ÷ total loans: 3.84%
Earnings19/100
Return on assets (annualized): -0.02%
Funding & liquidity55/100
Loans ÷ deposits and uninsured-deposit share: 105.7% · 12.6% uninsured
Problem-loan coverage46/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 27.16%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 10 points (44 → 34), mostly because the loan quality component weakened by 32 points.

TellerScore
313844Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202443
Q3 202437
Q4 202438
Q1 202544
Q2 202544
Q3 202543
Q4 202536
Q1 202631
Q2 202634
Tier 1 leverage ratio
5.00%7.90%10.81%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20247.37%
Q3 20248.03%
Q4 20248.25%
Q1 20259.39%
Q2 20259.84%
Q3 20259.77%
Q4 202510.02%
Q1 202610.60%
Q2 202610.81%
Noncurrent loans
1.26%2.55%3.84%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.26%
Q3 20242.26%
Q4 20242.07%
Q1 20252.43%
Q2 20252.05%
Q3 20252.15%
Q4 20253.36%
Q1 20263.47%
Q2 20263.84%
Return on assets
-0.52%0.10%0.72%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.36%
Q3 20240.38%
Q4 20240.09%
Q1 20250.72%
Q2 20250.19%
Q3 20250.18%
Q4 20250.19%
Q1 2026-0.52%
Q2 2026-0.02%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202634$361.1M10.81%3.84%-0.02%105.7%
Q1 202631$360.8M10.60%3.47%-0.52%97.8%
Q4 202536$392.9M10.02%3.36%0.19%93.9%
Q3 202543$398.4M9.77%2.15%0.18%97.0%
Q2 202544$415.6M9.84%2.05%0.19%97.3%
Q1 202544$436.5M9.39%2.43%0.72%95.1%
Q4 202438$484.4M8.25%2.07%0.09%97.5%
Q3 202437$503.9M8.03%2.26%0.38%100.3%
Q2 202443$535.3M7.37%1.26%0.36%101.7%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio10.81%
46th
Total risk-based capital16.59%
76th
Problem loans3.84%
4th
Net charge-offs0.05%
28th
Return on assets-0.02%
3rd
Net interest margin3.78%
41st
Efficiency ratio106.2%
2nd
Loans to deposits105.7%
6th
Uninsured deposits12.6%
88th
Loan-loss reserves1.86%
91st
Texas ratio27.2%
3rd

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
United Community BankBank Perham, MN49 out of 100, Below average$359.3M10.5%2.95%vs
ProGrowth BankBank Nicollet, MN56 out of 100, Moderate$364.8M7.1%0.00%vs
Harvest BankBank Kimball, MN63 out of 100, Moderate$355.1M9.2%0.80%vs
Granite BankBank Cold Spring, MN53 out of 100, Below average$353.2M8.5%1.38%vs
First Bank Elk RiverBank Elk River, MN64 out of 100, Moderate$369.2M10.7%0.53%vs
Sherburne BankBank Becker, MN78 out of 100, Strong$351.1M9.5%0.02%vs

Deposit insurance

Is my money safe at Heritage Bank National Association?

Yes. Heritage Bank National Association is an FDIC-insured institution (FDIC certificate #19254). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 12.6% of deposits ($36.2M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.81%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 16.59% (benchmark: 10%).

Check how much of your own balance is covered

4 locations

Branches

Heritage Bank National Association lists 4 offices in 4 cities. Most locations:

  • Pennock, MN (1)
  • Raymond, MN (1)
  • Spicer, MN (1)
  • Willmar, MN (1)

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Heritage Bank National Association reported 376 home-loan applications under HMDA (LEI 549300KUIZTYQRC0R888): 232 originated ($90,510,000 total), 32 denied, and 106 withdrawn or closed by the applicant. Its denial rate on decided applications was 11.9%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Heritage Bank National Association
Former names
Citizens National Bank of Willmar
Type
National bank
FDIC certificate #
19254
RSSD ID
901358
Primary regulator
OCC
Holding company
Heritage Bancshares Group Employee Stk Ownership Plan&tr
Established
October 8, 1964
Headquarters
110 W South St, Spicer, MN 56288
Employees
89

Quick answers

Heritage Bank National Association: common questions

Is Heritage Bank National Association FDIC insured?

Yes. Heritage Bank National Association is an FDIC-insured institution (FDIC certificate #19254). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Heritage Bank National Association's TellerScore?

34 out of 100 (Low), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Heritage Bank National Association ever failed?

There is no failure record for FDIC certificate #19254 in the FDIC failed bank list.

How many branches does Heritage Bank National Association have?

4 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Spicer

InstitutionScoreAssetsCapitalProblem loansCompare
St. Martin National BankBank Saint Martin, MN100 out of 100, Very strong$29.4M15.5%0.00%vs
PrinsBankBank Prinsburg, MN85 out of 100, Very strong$308.3M12.0%0.29%vs
Lake Region BankBank New London, MN84 out of 100, Strong$153.0M10.4%0.09%vs
Home State BankBank Litchfield, MN83 out of 100, Strong$218.9M11.8%0.08%vs
Co-Op Credit Union of MontevideoCredit union Montevideo, MN69 out of 100, Moderate$422.8M15.8%3.18%vs
Kensington BankBank Kensington, MN69 out of 100, Moderate$446.7M9.9%0.58%vs