Bank Comparison
Heritage Bank, N.A. vs First Bank Elk River
Side-by-side regulatory financials for the latest quarter on file with the FFIEC.
vs
11 · 9
winning metrics across 20 comparable rows
Capital adequacy
| Metric | Heritage Bank, N.A. | First Bank Elk River |
|---|---|---|
| CET1 Ratio | 15.61% | — |
| Tier 1 Capital Ratio | 15.61% | — |
| Total Capital Ratio | 16.87% | — |
| Tier 1 Leverage Ratio | 10.60% | 10.46% |
| Equity / Assets | 10.48% | 8.52% |
Profitability
| Metric | Heritage Bank, N.A. | First Bank Elk River |
|---|---|---|
| Return on Assets (ROA) | -0.53% | 0.45% |
| Return on Equity (ROE) | -5.14% | 5.49% |
| Net Interest Margin (NIM) | 3.58% | 3.25% |
| Yield on Earning Assets | 5.58% | 4.70% |
| Cost of Funds | 2.16% | 1.58% |
Asset quality
| Metric | Heritage Bank, N.A. | First Bank Elk River |
|---|---|---|
| Texas Ratio | 24.24% | 4.35% |
| Non-Performing Loan Ratio | 3.44% | 0.37% |
| Non-Performing Asset Ratio | 2.93% | 0.28% |
| Net Charge-Off Ratio | 0.10% | 0.00% |
| ACL / Loans | 2.03% | 0.95% |
Balance sheet
| Metric | Heritage Bank, N.A. | First Bank Elk River |
|---|---|---|
| Total Assets | $360,782K | $362,488K |
| Total Deposits | $306,134K | $271,984K |
| Total Loans | $305,590K | $268,576K |
| Total Equity | $37,813K | $30,871K |
| Net Income (quarter) | $-491 | $422 |
Liquidity & funding
| Metric | Heritage Bank, N.A. | First Bank Elk River |
|---|---|---|
| Loan-to-Deposit Ratio | 99.82% | 98.75% |
| Core Deposit Ratio | 96.06% | 93.62% |
| Uninsured Deposit Ratio | — | — |
Identity
| Metric | Heritage Bank, N.A. | First Bank Elk River |
|---|---|---|
| Headquarters City | SPICER | ELK RIVER |
| Headquarters State | MN | MN |
| Asset Tier | Small | Small |
| Charter Class | 15401 | 0 |
| Regulator | OCC | FDIC |
| Domestic Branches | 5 | 4 |
| Employees (FTE) | 91 | 44 |
| Established | Oct. 8, 1964, midnight | Jan. 1, 1907, midnight |
About this comparison
All metrics are sourced from FFIEC call report filings — the public regulatory financial reports every FDIC-insured US bank files quarterly. Both banks are reported as of . The "winner" highlight is determined by the supervisory direction convention: higher is better for capital and profitability metrics; lower is better for risk metrics like Texas Ratio and uninsured-deposit ratio.
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