Heartland State Bank
Total assets
$154.0M
▲ +4.1% YoY
Deposits
$135.1M
▲ +9.9% YoY
Loans
$121.4M
▲ +16.0% YoY
Offices
4
WESSINGTON BANKSHARES INC
ROA (annualized)
2.43%
peers 1.24%
ROE (annualized)
26.57%
peers 11.87%
Peer comparison 1,900 banks with 100M-500M in assets
| Metric | Heartland State Bank | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | +4.1% | +4.4% | -0.3 pts |
| Deposit growth (YoY) | +9.9% | +4.0% | +5.9 pts |
| Loan growth (YoY) | +16.0% | +5.6% | +10.4 pts |
| ROA | 2.43% | 1.24% | +1.2 pts |
| ROE | 26.6% | 11.9% | +14.7 pts |
ROA ranks in the 95th percentile of its peer group · Q2 2026
Profile
- Established
- 1909
- Charter
- State
- Primary regulator
- FDIC
- Holding company
- WESSINGTON BANKSHARES INC
- Specialization
- Agricultural Specialization
- Address
- 302 E 7th Ave, Redfield, SD, 57469
- County
- Spink
- Offices
- 4
- FDIC cert #
- 9007
- RSSD ID
- 135854
- Latest call report
- Q2 2026
Total assets last 8 quarters
Deposits last 8 quarters
Quarterly financials FDIC call report
| Quarter | Assets | Deposits | Loans | Equity | Net income YTD | ROA | NIM | Nonperforming |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $154.0M | $135.1M | $121.4M | $14.4M | $1.9M | 2.43% | 5.25% | 0.00% |
| Q1 2026 | $156.0M | $134.7M | $117.2M | $14.0M | $856K | 2.20% | 5.11% | 0.00% |
| Q4 2025 | $154.7M | $124.9M | $115.3M | $14.1M | $3.7M | 2.48% | 5.01% | 0.00% |
| Q3 2025 | $155.7M | $116.8M | $111.6M | $13.9M | $2.8M | 2.52% | 5.01% | 0.00% |
| Q2 2025 | $147.9M | $122.9M | $104.6M | $13.5M | $1.8M | 2.46% | 5.00% | 0.00% |
| Q1 2025 | $150.6M | $126.0M | $102.2M | $12.9M | $881K | 2.37% | 4.88% | 0.00% |
| Q4 2024 | $146.5M | $117.3M | $100.0M | $12.3M | $3.1M | 2.05% | 4.46% | 0.00% |
| Q3 2024 | $151.9M | $114.7M | $99.7M | $12.8M | $2.4M | 2.10% | 4.39% | 0.00% |
Loan mix (Q2 2026): real estate $30.5M · commercial $5.3M · consumer $1.6M · securities $19.5M
Ratio pack Q2 2026 · peer medians from 1900 institutions
Profitability
| Ratio | Heartland State Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 2.43% | 1.24% | 95th | |
Return on equity Annualized net income ÷ equity or net worth | 26.6% | 11.9% | 97th | |
Net interest margin Interest income − interest expense, ÷ assets | 5.25% | 3.96% | 95th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 53.6% | 62.9% | 24th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Heartland State Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Heartland State Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Heartland State Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Heartland State Bank | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Assets per office Branch efficiency; high numbers usually mean digital-first | 00.0% | 00.0% |
11 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
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