BlastPoint's Banking Scorecard
Heritage Bank Minnesota
West Concord, MN
3 branches across MN
NEW · Q2 2026 RECAP
Your Quarter, Wrapped
A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.
Q2 2026 at a glance
- 1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 151 in MN.
- Deposits +7.6% year over year ($109.8M on the books).
- Delinquency rate 0.64%.
- Return on assets 0.85%.
- Efficiency ratio 74.43% vs a 64.48% peer average.
- Loan-to-deposit ratio 89.09% vs a 77.95% peer average.
Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.
Heritage Bank Minnesota has 1 strength but faces 3 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Delinquency Rate 0.28% below tier average
Key Concerns
Areas that may need attention
- - ROA 0.47% below tier average
- - Net Interest Margin 0.13% below tier average
- - Efficiency Ratio 9.95% above tier average
Core Metrics
As of 2026-Q2
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$120.9M
+7.8% YoY
-1.9% QoQ
|
-$265.7M |
$386.6M
+1.2% YoY
|
$524.5M
+5.8% YoY
|
$6.3B
+7.7% YoY
|
Bottom 5.9% in tier |
| Total Loans ? |
$97.8M
+12.5% YoY
+3.2% QoQ
|
-$160.5M |
$258.3M
+1.7% YoY
|
$300.2M
+7.3% YoY
|
$3.2B
+9.4% YoY
|
18% |
| Total Deposits ? |
$109.8M
+7.6% YoY
+2.1% QoQ
|
-$217.0M |
$326.7M
+0.7% YoY
|
$452.1M
+5.5% YoY
|
$4.9B
+7.3% YoY
|
Bottom 8.7% in tier |
| Return on Assets ? |
0.85%
+14.1% YoY
+11.9% QoQ
|
-0.47% |
1.32%
+10.8% YoY
|
1.26%
+17.2% YoY
|
1.30%
+12.1% YoY
|
26% |
| Net Interest Margin ? |
3.85%
+5.5% YoY
+4.8% QoQ
|
-0.13% |
3.99%
+5.0% YoY
|
4.00%
+6.8% YoY
|
3.95%
+4.9% YoY
|
45% |
| Efficiency Ratio ? |
74.43%
-1.5% YoY
-1.6% QoQ
|
+9.95% |
64.48%
-3.2% YoY
|
63.00%
-3.5% YoY
|
70.05%
+2.5% YoY
|
21% |
| Delinquency Rate ? |
0.64%
-14.2% YoY
+50.6% QoQ
|
-0.28% |
0.92%
+15.7% YoY
|
1.01%
+19.3% YoY
|
0.98%
+16.3% YoY
|
40% |
| Loan-to-Deposit Ratio ? |
89.09%
+4.5% YoY
+1.1% QoQ
|
+11.14% |
77.95%
+1.0% YoY
|
78.29%
-0.6% YoY
|
79.03%
+2.3% YoY
|
28% |
| Non-Interest-Bearing Deposit Share ? |
19.71%
+1.0% YoY
-0.7% QoQ
|
-2.32% |
22.03%
-0.6% YoY
|
21.79%
+0.9% YoY
|
21.98%
-0.6% YoY
|
44% |
| Nonperforming Asset Ratio ? |
0.52%
-10.5% YoY
+58.5% QoQ
|
-0.15% |
0.67%
+16.4% YoY
|
0.76%
+16.9% YoY
|
0.69%
+15.8% YoY
|
39% |
| Tier 1 Capital Ratio ? |
9.98%
-1.5% YoY
-3.2% QoQ
|
-5.93% |
15.91%
+1.4% YoY
|
15.35%
-0.4% YoY
|
17.09%
+0.8% YoY
|
Bottom 10.4% in tier |
| Non-Interest Income / Assets ? |
0.11%
-10.6% YoY
+126.1% QoQ
|
-0.46% |
0.57%
+7.6% YoY
|
0.31%
+3.9% YoY
|
0.66%
+5.2% YoY
|
22% |
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Additional Detail
Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2
Deposit Composition
% of total deposits
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Noninterest-Bearing |
19.7%
+0.2pp YoY -0.1pp QoQ |
-2.4pp | 22.1% | 21.9% | 22.2% | 44% |
| Brokered Deposits | n/a | n/a | 7.9% | 8.3% | 8.5% | n/a |
Loan Composition
% of total loans & leases
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| C&I |
11.8%
+2.0pp YoY +1.6pp QoQ |
+0.3pp | 11.6% | 14.6% | 12.5% | 62% |
| CRE |
10.6%
+0.9pp QoQ |
-28.9pp | 39.5% | 36.5% | 41.4% | 5% |
| 1-4 Family |
59.0%
-2.3pp YoY -1.2pp QoQ |
+26.3pp | 32.6% | 29.4% | 31.3% | 89% |
| Consumer |
6.8%
-2.7pp YoY -0.6pp QoQ |
+2.7pp | 4.1% | 4.5% | 5.0% | 85% |
Capital
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| CET1 Ratio |
10.0%
-0.2pp YoY -0.3pp QoQ |
-8.8pp | 18.8% | 16.5% | 19.7% | 2% |
| Leverage Ratio |
7.3%
-0.5pp YoY 0.0pp QoQ |
-4.9pp | 12.2% | 11.0% | 12.6% | 0% |
| Total Capital Ratio |
11.0%
-0.1pp YoY -0.4pp QoQ |
-8.9pp | 19.9% | 17.6% | 20.8% | 2% |
Efficiency & Staffing
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Full-Time Employees |
19
+2 (+11.8%) YoY 0 QoQ |
-40 | 58 | 55 | 482 | 9% |
| Assets per Employee ($) |
$6.4M
-3.5% YoY -1.9% QoQ |
-$1.2M | $7.5M | $8.6M | $8.8M | 40% |
| Branch Count |
3
0 YoY 0 QoQ |
-2 | 4 | 4 | 18 | 26% |
Asset Quality
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Past Due 90+ Days |
0.2%
-0.2pp YoY +0.2pp QoQ |
-0.1pp | 0.3% | 0.4% | 0.4% | 70% |
| Nonaccrual |
0.4%
+0.1pp YoY 0.0pp QoQ |
-0.5pp | 0.9% | 1.0% | 1.0% | 46% |
| Allowance Coverage |
1.56x
+20.0% YoY -33.8% QoQ |
-22.60x | 24.15x | 20.41x | 20.23x | 40% |
| Net Charge-off Rate (YTD) |
0.0%
+0.1pp YoY 0.0pp QoQ |
-0.1pp | 0.1% | 0.2% | 0.2% | 47% |
Profitability
| Metric | Current | vs Tier | Tier Avg | State Avg (MN) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| ROE |
13.7%
+1.5pp YoY +1.2pp QoQ |
+1.5pp | 12.2% | 13.1% | 11.6% | 60% |
| Cost of Funds (YTD) |
2.2%
0.0pp YoY 0.0pp QoQ |
+0.5pp | 1.7% | 1.7% | 1.7% | 81% |
| Net Income ($, YTD) |
$511,000
+29.0% YoY — QoQ |
-$2.0M | $2.6M | $4.5M | $40.4M | 11% |
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Signature Analysis
Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.
Strengths (0)
Concerns (0)
Metric Rankings
See how this bank ranks across all tracked metrics compared to peers.