Vitals
  • Total Assets
    64.6M 3.3 %
  • Total Deposits
    55.4M 11.4 %
  • Total Net Loans
    40.6M -0.3 %
  • Net Income
    564000.0000 -8.9 %
  • Book Value
    7.2M 0.6 %
  • Book Value x2
    14.4M 0.6 %
  • Book Value x3
    21.6M 0.6 %
ROAA

.955

ROAE

7.605

Efficiency Ratio

72.655

Net Interest Margin

3.968

Balance Sheet Highlights
Financial Highlights Heartland State Bank All Insured Commercial Banks in North Dakota
Balance Sheet $(000)
Total Assets 64,604 232,076
Total Net Loans 40,582 156,713
Total Deposits 55,421 198,811
Total Equity 7,212 23,476
Profitability
Net Income 564 3,002
Return on Average Assets .955 1.206
Return on Average Equity 7.605 11.39
Net Interest Margin 3.968 3.951
Efficiency Ratio 72.655 62.572
Noninterest Income/Revenue 6.403 15.037
Balance Sheet Ratios
Loan-to-Deposit 73.225 75.896
Securities/Assets .186 .19
Total Equity/Total Assets .112 .101
Tangible Equity/Tangible Assets .098 .097
Capital Adequacy
Tier 1 Common Capital 6,331 22,730
Tier 1 Capital 6,331 22,737
Tier 2 Capital 419 2,012
Total Capital 6,750 24,749
Total Risk Weighted Assets 47,121 176,189
Leverage Ratio 10.58 10.101
Common Equity Tier 1 Capital Ratio 13.44 13.897
Tier 1 Capital Ratio 13.44 13.902
Total Capital Ratio 14.32 14.995

Timeline for Heartland State Bank

Kulm State Bank

Acquisition: Heartland State Bank acquired a new subsidiary, Kulm State Bank, 22 years

View Profile Jun 23 2001

Jbs, Inc.

Jbs, Inc. became a new parent organization for Heartland State Bank.

View Profile May 18 2001

Edgeley Bancorporation, Inc.

Edgeley Bancorporation, Inc. became a new parent organization for Heartland State Bank.

View Profile Dec 16 1988

Heartland State Bank

Heartland State Bank was established 103 years ago and is currently headquartered in Edgeley, ND.

Jan 01 1921
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Kulm State Bank Seller 13,400 Pooling of Interests Discontinued 6/23/2001
Relationships Role Relationship Start Relationship End
Jbs, Inc. Parent 5/18/2001
Edgeley Bancorporation, Inc. Parent 12/11/1996 5/17/2001
Edgeley Bancorporation, Inc. Parent 12/16/1988 12/10/1996
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