Heritage Bank National Association
Spicer, MN · Owner: Heritage Bancshares Group Employee STK Ownership Plan & TR
$361M
total assets, June 30, 2026
$361M
total assets, June 30, 2026
Heritage Bank National Association is a national bank based in Spicer, MN, owned by Heritage Bancshares Group Employee STK Ownership Plan & TR. As of June 30, 2026 it held $361.1 million in assets and $286.3 million in deposits; assets were down 13.1% from a year before. It has 5 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$361M
-13.1% in a year · +0.1% in a quarter
Deposits
$286M
-19.9% in a year · -6.5% in a quarter
Loans
$308M
-13.0% in a year · +0.8% in a quarter
Profit so far
-$33K
Jan 1 to Jun 30, 2026 · -107.8% in a year
Capital ratio
10.81%
+0.96 pts in a year
Return on assets
-0.02%
-0.21 pts in a year
Facts
- Type
- National bank
- Head office
- 110 W South St, Spicer, MN, 56288
- County
- Kandiyohi
- Holding company
- Heritage Bancshares Group Employee STK Ownership Plan & TR
- Established
- Oct 8, 1964
- Employees
- 89
- Branches
- 5 in 2 states
- Website
- www.heritagebankna.com
- Id
- b19254
Quarter by quarter
March 31, 1984 to June 30, 2026
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.
Branches
5 offices as of June 30, 2026, holding $286.3 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 4 | $280M | 97.9% |
| South Dakota | 1 | $6.1M | 2.1% |
| Largest branches | Place | Deposits |
|---|---|---|
| Willmar Branch | Willmar, MN | $170M |
| Heritage Bank National Association (main office) | Spicer, MN | $48.5M |
| Pennock Branch | Pennock, MN | $38.5M |
| Raymond Branch | Raymond, MN | $23.3M |
| Sioux Falls Branch | Sioux Falls, SD | $6.1M |
Related pages
Questions and answers
How big is Heritage Bank National Association?
$361.1 million in total assets and $286.3 million in deposits as of June 30, 2026, with assets down 13.1% from a year before. Its loans were $308.2 million.
How many branches does Heritage Bank National Association have?
5 branches in 2 states as of June 30, 2026. The most deposits are in Minnesota ($280.2 million).
Is Heritage Bank National Association profitable?
No: it lost $33,000 from January 1 to June 30, 2026. Its return on assets was -0.02% a year; about 1% is typical.
Who owns Heritage Bank National Association?
Heritage Bank National Association is owned by Heritage Bancshares Group Employee STK Ownership Plan & TR, its holding company.
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.