HEARTLAND BANCCORP


Associated tags: Heartland Bank, Equal housing lender, Small business, FDIC, Federal, Federal Reserve, OTCQX, Bank

Locations: WHITEHALL, OH, US, MCCOMB, COLUMBUS, HEARTLAND, OHIO

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: 
Tuesday, April 16, 2024

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.

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: 
Tuesday, January 23, 2024

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.

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: 
Tuesday, October 24, 2023

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.

Heartland BancCorp Earns $4.8 Million, or $2.39 Per Diluted Share, in the Second Quarter of 2023; Declares Quarterly Cash Dividend of $0.759 per Share

Retrieved on: 
Monday, July 24, 2023

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.
  • Net interest margin was 3.61%, compared to 3.87% in the preceding quarter and 3.92% in the second quarter a year ago.
  • Second quarter revenues (net interest income plus noninterest income) increased 13.9% to $18.4 million, compared to $16.2 million in the second quarter a year ago.
  • Annualized return on average tangible common equity was 14.19%, compared to 11.97% in the second quarter a year ago.

Heartland BancCorp Ranks #119 on American Banker Magazine’s Top 200 Publicly Traded Community Banks and Thrifts List for 2023

Retrieved on: 
Wednesday, June 14, 2023

WHITEHALL, Ohio, June 14, 2023 (GLOBE NEWSWIRE) -- Heartland BancCorp (OTCQX: HLAN), parent company of Heartland Bank, today announced that the bank has once again been named to American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts.

Key Points: 
  • WHITEHALL, Ohio, June 14, 2023 (GLOBE NEWSWIRE) -- Heartland BancCorp (OTCQX: HLAN), parent company of Heartland Bank, today announced that the bank has once again been named to American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts.
  • In its June 12, 2023 article, American Banker ranked Heartland 119th on its Top 200 Publicly Traded Community Banks and Thrifts list based on three-year average return on equity (“ROE”) as of 12/31/22 (Source: Capital Performance Group).
  • “American Banker is a highly respected industry publication, and we are honored to have made their top 200 list for the 15th consecutive year,” said G. Scott McComb, Chairman, President and CEO.
  • “Consistency in earnings, business philosophy, and caring for your people and communities combine for positive performance.”

Heartland BancCorp Earns $4.5 Million, or $2.19 Per Diluted Share, in the First Quarter of 2023; Declares Quarterly Cash Dividend of $0.759 per Share

Retrieved on: 
Monday, April 24, 2023

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.
  • Net interest margin was 3.87%, compared to 4.13% in the preceding quarter and 3.83% in the first quarter a year ago.
  • First quarter revenues (net interest income plus noninterest income) increased 11.7% to $17.9 million, compared to $16.1 million in the first quarter a year ago.
  • Annualized return on average tangible common equity was 13.36%, compared to 11.68% in the first quarter a year ago.

Heartland BancCorp to Open New Branch in Cincinnati, Ohio

Retrieved on: 
Tuesday, November 15, 2022

WHITEHALL, Ohio, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Heartland BancCorp (Heartland and the Company) (OTCQX: HLAN), parent company of Heartland Bank (Bank), today announced an expansion into the Cincinnati market with its nineteenth banking center to be located at 7755 Montgomery Road, Suite 180, at the Redstone building in Kenwood.

Key Points: 
  • WHITEHALL, Ohio, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Heartland BancCorp (Heartland and the Company) (OTCQX: HLAN), parent company of Heartland Bank (Bank), today announced an expansion into the Cincinnati market with its nineteenth banking center to be located at 7755 Montgomery Road, Suite 180, at the Redstone building in Kenwood.
  • Heartland BancCorp is a registered Ohio bank holding company and the parent of Heartland Bank, which operates 19 full-service banking offices and TransCounty Title Agency, LLC.
  • Heartland Bank is a member of the Federal Reserve, a member of the FDIC, and an Equal Housing Lender.
  • Heartland BancCorp is currently quoted on the OTC Markets (OTCQX) under the symbol HLAN.

Heartland BancCorp to Open New Branch in Delaware, Ohio

Retrieved on: 
Tuesday, August 30, 2022

WHITEHALL, Ohio, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Heartland BancCorp (Heartland and the Company) (OTCQX: HLAN), parent company of Heartland Bank (Bank), today announced that a nineteenth Heartland Bank branch will be located at 1754 Columbus Pike in Delaware, Ohio.

Key Points: 
  • WHITEHALL, Ohio, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Heartland BancCorp (Heartland and the Company) (OTCQX: HLAN), parent company of Heartland Bank (Bank), today announced that a nineteenth Heartland Bank branch will be located at 1754 Columbus Pike in Delaware, Ohio.
  • With a groundbreaking planned for mid-September of 2022, this branch will be situated in the Delaware Community Plaza.
  • The style will mirror the universal branch model in several current locations and include a night drop, drive-thru and ATM.
  • Heartland BancCorp is a registered Ohio bank holding company and the parent of Heartland Bank, which operates 18 full-service banking offices and TransCounty Title Agency, LLC.