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HERITAGE BANK MINNESOTA

West Concord, MN

Latest Health Report

Latest Update: March 31, 2021

Assets
$74,616,000
Deposits
$64,484,000
Loans
$44,720,000
Loan Loss Provision
$0
Profit
$138,000
Capital
$5,991,000
Reserves
$576,000
Past Due 90 Days
$2,000
Nonaccrual
$252,000
Other Real Estate Owned
$0
Capital Plus Reserves
$6,567,000
Total Troubled Assets
$254,000
Troubled Asset Ratio
3.87

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2020 $68,621,000 $58,669,000 $44,017,000 $200,000 $6,427,000 $274,000 4.26
2019 $57,252,000 $47,607,000 $43,746,000 $249,000 $6,227,000 $270,000 4.34
2018 $53,514,000 $48,067,000 $41,073,000 $412,000 $6,074,000 $17,000 0.28
2016 $49,398,000 $44,281,000 $35,526,000 $404,000 $5,622,000 $217,000 3.86
2015 $47,871,000 $42,849,000 $33,041,000 $310,000 $5,451,000 $62,000 1.14