Heritage Bank
Wood River, Nebraska, Hall County
$612M in total assets, the 1,566th largest of 4,309 US banks and 31st of 139 headquartered in Nebraska.
- FDIC certificate
- 17145
- Established
- 1884
- Owned by
- Heritage Group Inc
- Primary regulator
- FDIC
- Website
- www.bankonheritage.com
At a glance
Compared with 80 banks headquartered in Nebraska with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $612M | 90% | $293M | |
| Loans | $299M | 72% | $217M | |
| Deposits | $421M | 76% | $241M | |
| Return on assets | 2.58% | 96% | 1.32% | |
| Net interest margin | 4.39% | 82% | 3.93% | |
| Efficiency ratio | 33.0% | 2% | 57.9% | |
| Equity to assets | 22.68% | 98% | 11.03% | |
| Loans to deposits | 71% | 16% | 87% |
Growth
Total assets grew 1.0% a year over the last 5 years and 0.3% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Nov 2013 | Peoples-Webster County Bank Red Cloud, NE | $72M |
| Feb 2009 | Sherman County Bank Loup City, NE | $135M |
| May 2003 | City National Bank and Trust Company, Hastings, Nebraska Hastings, NE, an affiliate under the same holding company | $220M |
| Oct 2002 | Heritage Bank, National Association Doniphan, NE, an affiliate under the same holding company | $6M |
| Apr 2000 | Stromsburg Bank Stromsburg, NE, an affiliate under the same holding company | $30M |
| Apr 2000 | First National Bank & Trust Company in Aurora Aurora, NE, an affiliate under the same holding company | $95M |
Where they operate
20 branches in 12 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Adams County, NE | $148M | 10.3% | 4 of 11 |
| Hall County, NE | $69M | 2.2% | 10 of 18 |
| Hamilton County, NE | $59M | 11.3% | 3 of 6 |
| Sherman County, NE | $40M | 29.9% | 2 of 4 |
| Webster County, NE | $27M | 24.9% | 2 of 3 |
| Antelope County, NE | $21M | 6.2% | 5 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (20 branches then and now). 2 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 20 | |||
| 2019 | Closed Doniphan | 0 | 1 | −1 | 19 |
| 2020 | Closed Kearney | 0 | 1 | −1 | 18 |
| 2023 | Opened Norfolk | 2 | 0 | +2 | 20 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Farmland | 25% | 21% | |
| Agricultural | 23% | 23% | |
| 1-4 family residential | 16% | 16% | |
| Commercial real estate | 16% | 16% | |
| Business (C&I) | 12% | 11% | |
| Construction and land | 6% | 7% | |
| Consumer | 1% | 2% | |
| Multifamily | 0% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 63% | 46% | |
| Noninterest-bearing | 19% | 17% | |
| Time deposits | 18% | 37% |
Brokered deposits are 0.0% of deposits (peers 4.8%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.18% | 0.20% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 0.95% | 1.27% |
| Leverage ratio | 23.01% | 11.19% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Nebraska
Largest competitors in Adams County, NE
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/heritage-bank-wood-river-ne