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Heartland State Bank
Redfield, SD · FDIC Certificate #9007 · Chartered 01/0
Total assets
$154.03M
Total deposits
$135.07M
Total equity
$14.39M
Net loans
$121.36M
Branches (offices)
4
Net income (YTD)
$1.88M
Rank: #3,277 of 4,213 U.S. banks by assets · #37 of 56 in South Dakota. Assets changed 4.1% and deposits 9.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 2.43% |
| Return on equity | 26.57% |
| Net interest margin (YTD) | 5.25% |
| Equity to assets | 9.34% |
| Tier 1 leverage ratio | 9.93% |
| Uninsured deposits (share of deposits) | 20.5% |
| Noncurrent loans (share of loans) | 0.00% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 89.9% |
| Real estate loans (share of loans) | 25.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $30.52M | 25.2% | |
| Commercial & industrial | $5.33M | 4.4% | |
| Consumer / individual | $1.55M | 1.3% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $84.92M | 70.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $134.71M | $121.92M | $772.00K | $10.31M |
| Jun 2023 | $143.51M | $118.56M | $1.36M | $10.33M |
| Jun 2024 | $149.24M | $117.86M | $1.55M | $11.57M |
| Jun 2025 | $147.94M | $122.93M | $1.82M | $13.46M |
| Jun 2026 | $154.03M | $135.07M | $1.88M | $14.39M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| South Dakota | $135.07M | 4 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $135.07M.
Similar-sized banks
Waldo State Bank ($154.21M) · The Citizens National Bank Of Woodsfield ($153.93M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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