Bank of Hartington (FDIC Cert #13962), a $143.4M bank headquartered in Hartington, NE, reported $118.8M in deposits at the end of Q3 2025, an increase of $64K (+0.1%) compared to the same quarter last year.
The bank's 90.0% loan-to-deposit ratio represents a balanced approach between deploying deposits into loans and maintaining adequate liquidity.
Deposit Composition
Bank of Hartington's deposit portfolio is led by Transaction Accounts, comprising 40.6% of total deposits. A heavy concentration in transaction accounts provides operational flexibility and typically lower funding costs.
Deposit Portfolio Breakdown
| Deposit Type | Balance | % of Total |
|---|---|---|
| Transaction Accounts | $48.2M | 40.6% |
| Time Deposits <$100K | $16.7M | 14.0% |
Source: FDIC Call Reports (Q3 2025)
Quarterly Deposit Trends
Moderate deposit growth suggests stable customer relationships balanced with competitive pricing pressures.
Quarterly Trend
| Period | Total Deposits | QoQ Change |
|---|---|---|
| Q2_2024 | $123.9M | |
| Q3_2024 | $118.7M | -4.2% |
| Q4_2024 | $115.2M | -2.9% |
| Q1_2025 | $120.0M | +4.2% |
| Q2_2025 | $122.9M | +2.4% |
| Q3_2025 | $118.8M | -3.3% |
Source: FDIC Call Reports
Peer Comparison
Among 1079 banks nationally in its $71.7M–$215.1M asset peer group, Bank of Hartington ranks in the 26th percentile for deposit growth.
Within NE, among 41 similarly-sized banks ($71.7M–$215.1M assets), Bank of Hartington ranks in the 36th percentile for deposit growth, trailing the state peer average by 4.2 percentage points.
Banks vs Credit Unions: NE Market
Compared to 2 similarly-sized credit unions in NE, Bank of Hartington underperformed the credit union sector by 7.7 percentage points. Credit unions in NE averaged +7.8% deposit growth over the same period.
Note: Credit union "deposits" are technically member shares but serve an equivalent funding role. Comparisons are limited to institutions of similar asset size to ensure relevance.
Historical Context: Since the 2008 Crisis
Bank of Hartington's deposit base has grown 146% since Q3 2008, when the financial crisis was at its peak. At that time, the bank held $48.4M in deposits.
◆ Why This Matters
Finleet's take on what treasurers, CFOs, and bank analysts should focus on:
- Low-Cost Core Funding: Transaction accounts at 41% of deposits represent sticky, low-cost funding. This positions Bank of Hartington favorably on net interest margin as these balances typically price well below market rates.
- Optimized Balance Sheet: The 90% LTD ratio reflects efficient deployment of deposits into earning assets while maintaining adequate liquidity buffers.
Outlook
Bank of Hartington's deposit trajectory will depend on rate competitiveness, relationship banking efforts, and the broader economic environment affecting deposit behavior.
View Full Profile
Access Bank of Hartington's complete entity profile including financials, regulatory filings, and corporate structure.
Data Sources: FDIC Call Reports (Q3 2025), FFIEC Central Data Repository, Finleet Proprietary Analysis
Methodology: Year-over-year growth calculated comparing Q3 2025 to same quarter prior year. Peer groups defined as banks within 50% asset range. All financial values reported in thousands unless otherwise noted.