Heritage Bank Minnesota
Major Rating Factors:
A current level of 11.5 percent of nonperforming loans to core capital combined with 3.8 percent from a year earlier contributes to the Fair asset quality (4.0). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.8 has resulted in Fair (3.8) profitability.
Other Rating Factors:
Good current capitalization (5.6 on a scale of 0 to 10) based on a risk-based capital ratio of 11.0 and a capital leverage ratio of 7.6. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.3 on a scale of 0 to 10).
Asset Mix:
Home mtgs (43%), securities (10%), comm loans (8%), consumer loans (7%), home eq lns (6%), comm re (5%), cash (2%), other (19%)
States with Branches:
MN
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
West Concord Bancshares, Inc.
Investment Rating
--
Address
181 Main Street
West Concord, MN 55985
West Concord, MN 55985
Phone Number
(507) 527-2236
Year Founded
1930
FDIC Number
Website
Largest Affiliates
No affiliate information available.