Heartland Bank

Heartland BancCorp Elects Diana L. Turoff, CPA to Board

Retrieved on: 
Mittwoch, Mai 22, 2024
Bachelor of Science, Heartland Bank, Housing, Certified Public Accountant, CDFI, Community development financial institution, Community development, Environment, Knowledge, Franklin University, Management

WHITEHALL, Ohio, May 22, 2024 (GLOBE NEWSWIRE) -- Heartland BancCorp (“Heartland” and “the Company”) (OTCQX: HLAN), parent company of Heartland Bank (“Bank”), today announced that at the company’s annual meeting, Diana L. Turoff was duly elected as director of the company, effective May 21, 2024.

Key Points: 
  • WHITEHALL, Ohio, May 22, 2024 (GLOBE NEWSWIRE) -- Heartland BancCorp (“Heartland” and “the Company”) (OTCQX: HLAN), parent company of Heartland Bank (“Bank”), today announced that at the company’s annual meeting, Diana L. Turoff was duly elected as director of the company, effective May 21, 2024.
  • She was also elected to the Board of Directors of Heartland Bank in March of 2024.
  • With over 25 years of experience in housing, real estate, finance and accounting leadership, Diana possesses a wealth of experience in both for-profit and nonprofit environments.
  • “Heartland is a thought leader in the community banking environment, providing intimate and specialized banking services to their clients.

HBT Financial, Inc. Announces First Quarter 2024 Financial Results

Retrieved on: 
Montag, April 22, 2024
Sale, Country, Trust, Acquisition, Trust Company, Heartland Bank, GAAP, HBT, Bank

BLOOMINGTON, Ill., April 22, 2024 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today reported net income of $15.3 million, or $0.48 diluted earnings per share, for the first quarter of 2024. This compares to net income of $18.4 million, or $0.58 diluted earnings per share, for the fourth quarter of 2023, and net income of $9.2 million, or $0.30 diluted earnings per share, for the first quarter of 2023.

Key Points: 
  • Net interest margin for the first quarter of 2024 was 3.94%, compared to 3.93% for the fourth quarter of 2023, and net interest margin (tax-equivalent basis)(1) for the first quarter of 2024 was 3.99%, unchanged from the fourth quarter of 2023.
  • (1) See “Reconciliation of Non-GAAP Financial Measures” below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.
  • Noninterest income for the first quarter of 2024 was $5.6 million, a decrease of 38.9% from $9.2 million for the fourth quarter of 2023.
  • Noninterest expense for the first quarter of 2024 was $31.3 million, a 2.9% increase from $30.4 million for the fourth quarter of 2023.

Heartland BancCorp Earns $5.1 Million, or $2.51 per Diluted Share, in the First Quarter of 2024; Declares Quarterly Cash Dividend of $0.759 per Share

Retrieved on: 
Dienstag, April 16, 2024
Sale, EVP, Book, Federal Home Loan Banks, CRE, ACL, Dow Jones, Compact disc, NIM, DDA, Pressure, NPAS, Heartland Bank, UCL, FDIC, LRA, NOW, Growth, Video game

The company also announced that its board of directors declared a quarterly cash dividend of $0.759 per share.

Key Points: 
  • The company also announced that its board of directors declared a quarterly cash dividend of $0.759 per share.
  • Heartland recorded no provision for credit losses during the first quarter of 2024, compared to $750,000 for the first quarter a year ago.
  • Net loans decreased modestly during the quarter to $1.51 billion at March 31, 2024, compared to $1.53 billion three months earlier.
  • Total deposits decreased modestly during the quarter to $1.63 billion at March 31, 2024, compared to $1.64 billion three months earlier.

HBT Financial, Inc. to Announce First Quarter 2024 Financial Results on April 22, 2024

Retrieved on: 
Donnerstag, April 11, 2024
Trust Company, Heartland Bank, Trust, HBT

BLOOMINGTON, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial”), the holding company for Heartland Bank and Trust Company, today announced that it will issue its first quarter 2024 financial results before the market opens on Monday, April 22, 2024.

Key Points: 
  • BLOOMINGTON, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial”), the holding company for Heartland Bank and Trust Company, today announced that it will issue its first quarter 2024 financial results before the market opens on Monday, April 22, 2024.
  • A copy of the press release announcing the first quarter 2024 financial results and an investor presentation will be made available on the Company’s investor relations website at https://ir.hbtfinancial.com .

Wealthbox Announces Enterprise CRM Agreement with Heartland Bank and Trust Company

Retrieved on: 
Dienstag, Januar 30, 2024
Partnership, Trust, Heartland Bank, Trust Company, SVP, Communication, CRM, Sales

PROVIDENCE, R.I., Jan. 30, 2024 /PRNewswire/ -- Wealthbox, the highest-rated CRM software for financial advisors, today announces a new enterprise CRM agreement with Heartland Bank and Trust Company.

Key Points: 
  • PROVIDENCE, R.I., Jan. 30, 2024 /PRNewswire/ -- Wealthbox, the highest-rated CRM software for financial advisors, today announces a new enterprise CRM agreement with Heartland Bank and Trust Company.
  • Through this agreement, the wealth management professionals at Heartland Bank and Trust Company will begin using Wealthbox as their CRM.
  • "We are thrilled to partner with Heartland Bank to make best-in-class CRM available to its advisors," said Jomin Bishop, VP of Enterprise Sales at Wealthbox.
  • "We are excited about the strategic partnership with Wealthbox and the opportunities it presents for our wealth management professionals at Heartland Bank and Trust Company," said Kim Larson, SVP - Wealth Management Director at Heartland Bank.

HBT Financial, Inc. Announces Fourth Quarter 2023 Financial Results

Retrieved on: 
Mittwoch, Januar 24, 2024
Table, Trust, HBT, Country, Sale, GAAP, Trust Company, Dividend, Acquisition, Marketing, Heartland Bank, Growth, Bank

BLOOMINGTON, Ill., Jan. 24, 2024 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today reported net income of $18.4 million, or $0.58 diluted earnings per share, for the fourth quarter of 2023. This compares to net income of $19.7 million, or $0.62 diluted earnings per share, for the third quarter of 2023, and net income of $13.1 million, or $0.46 diluted earnings per share, for the fourth quarter of 2022.

Key Points: 
  • J. Lance Carter, President and Chief Executive Officer of HBT Financial, said, “We had a very good fourth quarter to complete an excellent year.
  • Net interest margin for the fourth quarter of 2023 was 3.93%, compared to 4.07% for the third quarter of 2023, and net interest margin (tax-equivalent basis)(1) for the fourth quarter of 2023 was 3.99% compared to 4.13% for the third quarter of 2023.
  • Noninterest income for the fourth quarter of 2023 was $9.2 million, a decrease of 3.0% from $9.5 million for the third quarter of 2023.
  • Noninterest expense for the fourth quarter of 2023 was $30.4 million, a 0.9% decrease from $30.7 million for the third quarter of 2023.

Heartland BancCorp Earns $5.3 Million, or $2.61 Per Diluted Share, in the Fourth Quarter of 2023; and a Record $19.5 Million, or $9.62 Per Diluted Share, for the Year; Declares Quarterly Cash Dividend of $0.759 Per Share

Retrieved on: 
Dienstag, Januar 23, 2024
UCL, NIM, Compact disc, FDIC, CECL, ACL, DDA, CRE, Book, Sale, Federal Home Loan Banks, Dow Jones, NOW, NPAS, Heartland Bank, EVP, PPP, Growth, Video game

Net interest margin was 3.49%, compared to 3.52% in the preceding quarter and 4.13% in the fourth quarter a year ago.

Key Points: 
  • Net interest margin was 3.49%, compared to 3.52% in the preceding quarter and 4.13% in the fourth quarter a year ago.
  • Fourth quarter revenues (net interest income plus noninterest income) increased 1.6% to $18.6 million, compared to $18.3 million in the fourth quarter a year ago.
  • Annualized return on average tangible common equity was 15.05%, compared to 15.63% in the fourth quarter a year ago.
  • “Our net interest margin is starting to stabilize, contracting three basis points during the fourth quarter, compared to the prior quarter.

HBT Financial, Inc. to Announce Fourth Quarter 2024 Financial Results on January 24, 2024

Retrieved on: 
Mittwoch, Januar 10, 2024
Trust, HBT, Trust Company, Heartland Bank

BLOOMINGTON, Ill., Jan. 10, 2024 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT”), the holding company for Heartland Bank and Trust Company, today announced that it will issue its fourth quarter 2024 financial results before the market opens on Wednesday, January 24, 2024.

Key Points: 
  • BLOOMINGTON, Ill., Jan. 10, 2024 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ: HBT) (the “Company” or “HBT”), the holding company for Heartland Bank and Trust Company, today announced that it will issue its fourth quarter 2024 financial results before the market opens on Wednesday, January 24, 2024.
  • A copy of the press release announcing the fourth quarter 2024 financial results and an investor presentation will be made available on the Company’s investor relations website at https://ir.hbtfinancial.com .

Brad Dyer Joins INB as Vice President, Residential Lending

Retrieved on: 
Dienstag, Dezember 5, 2023
U.S. Bancorp, Heartland Bank, INB, Real estate, Central Illinois

SPRINGFIELD, Ill., Dec. 5, 2023 /PRNewswire/ -- INB, N.A., is pleased to announce the addition of Brad Dyer to the bank's growing mortgage department.

Key Points: 
  • SPRINGFIELD, Ill., Dec. 5, 2023 /PRNewswire/ -- INB, N.A., is pleased to announce the addition of Brad Dyer to the bank's growing mortgage department.
  • Brad joined INB on Nov. 13, 2023, as the mortgage sales manager for Central Illinois.
  • "Brad is very well-respected across Central Illinois, and with his impressive track record, we know he will bring tremendous expertise to this role," says Pat Phalen, executive vice president at INB.
  • "I am very excited to join the incredibly talented team of mortgage loan officers at INB.

Heartland BancCorp Earns $4.9 Million, or $2.43 Per Diluted Share, in the Third Quarter of 2023; Declares Quarterly Cash Dividend of $0.759 per Share

Retrieved on: 
Dienstag, Oktober 24, 2023
DDA, Sale, FDIC, EVP, Federal Home Loan Banks, ACL, NPAS, CRE, UCL, Growth, McComb, NOW, NIM, Compact disc, CECL, Fed, Heartland Bank, Dow Jones, Radar, Book, Security (finance), Holding company, Bank, Clothing, Video game, Cryptocurrency, Rare-earth element

The company also announced that its board of directors declared a quarterly cash dividend of $0.759 per share.

Key Points: 
  • The company also announced that its board of directors declared a quarterly cash dividend of $0.759 per share.
  • “During the third quarter, we opened our 20th Heartland Bank branch in Delaware, Ohio, located in the Delaware Community Plaza.
  • Net interest margin was 3.52%, compared to 3.61% in the preceding quarter and 4.20% in the third quarter a year ago.
  • Third quarter revenues (net interest income plus noninterest income) increased 3.8% to $18.5 million, compared to $17.8 million in the third quarter a year ago.