Heartland Tri-State Bank
Elkhart, KS · Owner: Elkhart Financial Corp
$139M
total assets, March 31, 2023
$139M
total assets, March 31, 2023
Heartland Tri-State Bank was a state member bank in Elkhart, KS, owned by Elkhart Financial Corp. It failed on Jul 28, 2023, and Dream First Bank,national Association took over its deposits. At its last report it held $139.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2023
This bank failed
- Failed on
- Jul 28, 2023
- Assets
- $139M
- Deposits
- $130M
- Estimated cost
- $42.7M
- Deposits went to
- Dream First Bank,national Association, Syracuse, KS
Total assets
$139M
-0.3% in a year · +0.2% in a quarter
Deposits
$130M
+1.8% in a year · +0.1% in a quarter
Loans
$49.3M
-10.8% in a year · -10.3% in a quarter
Profit so far
$300K
Jan 1 to Mar 31, 2023 · +18.1% in a year
Capital ratio
9.08%
+0.47 pts in a year
Return on assets
0.86%
+0.14 pts in a year
Facts
- Type
- State member bank
- Head office
- 601 Morton St, Elkhart, KS, 67950
- County
- Morton
- Holding company
- Elkhart Financial Corp
- Established
- Jan 2, 1985
- Failed
- Jul 28, 2023
- Employees
- 25
- Branches
- 4
- Id
- b25851
Quarter by quarter
March 31, 1985 to March 31, 2023
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Heartland Tri-State Bank?
$139.4 million in total assets and $130.1 million in deposits as of March 31, 2023, with assets down 0.3% from a year before. Its loans were $49.3 million.
How many branches does Heartland Tri-State Bank have?
4 branches in Kansas as of June 30, 2026.
Is Heartland Tri-State Bank profitable?
Yes: it earned $300,000 from January 1 to March 31, 2023 (up 18.1% from the same months a year before). Its return on assets was 0.86% a year; about 1% is typical.
Who owns Heartland Tri-State Bank?
Heartland Tri-State Bank is owned by Elkhart Financial Corp, its holding company.
When did Heartland Tri-State Bank fail?
Jul 28, 2023. Dream First Bank,national Association of Syracuse, KS took over its deposits. The estimated cost of the failure was $42.7 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.