Vitals
  • Total Assets
    135.4M 6.7 %
  • Total Deposits
    104.7M 3.5 %
  • Total Net Loans
    97.1M 2.1 %
  • Net Income
    2.5M 1.4 %
  • Book Value
    18.3M -2.2 %
  • Book Value x2
    36.6M -2.2 %
  • Book Value x3
    54.9M -2.2 %
ROAA

1.976

ROAE

13.368

Efficiency Ratio

52.409

Net Interest Margin

4.735

Balance Sheet Highlights
Financial Highlights Heartland Bank All Insured Commercial Banks in Iowa
Balance Sheet $(000)
Total Assets 135,424 198,346
Total Net Loans 97,083 133,864
Total Deposits 104,727 165,124
Total Equity 18,285 22,060
Profitability
Net Income 2,525 2,310
Return on Average Assets 1.976 1.15
Return on Average Equity 13.368 9.92
Net Interest Margin 4.735 3.587
Efficiency Ratio 52.409 60.34
Noninterest Income/Revenue 8.438 13.494
Balance Sheet Ratios
Loan-to-Deposit 92.701 77.091
Securities/Assets .199 .197
Total Equity/Total Assets .135 .111
Tangible Equity/Tangible Assets .13 .107
Capital Adequacy
Tier 1 Common Capital 17,511 21,135
Tier 1 Capital 17,511 21,140
Tier 2 Capital 1,295 1,625
Total Capital 18,806 22,777
Total Risk Weighted Assets 117,042 151,308
Leverage Ratio 13.39 10.944
Common Equity Tier 1 Capital Ratio 14.96 15.631
Tier 1 Capital Ratio 14.96 15.631
Total Capital Ratio 16.07 16.675

Timeline for Heartland Bank

Libanco, Inc.

Acquisition: Heartland Bank acquired a new subsidiary, Libanco, Inc. , 25 years

View Profile Mar 25 1999

The First State Bank Of Gowrie

Acquisition: Heartland Bank acquired a new subsidiary, The First State Bank Of Gowrie, 27 years

View Profile Jan 01 1997

Libanco, Inc.

Libanco, Inc. became a new parent organization for Heartland Bank.

View Profile Jan 01 1997

Somers Bancorporation

Somers Bancorporation became a new parent organization for Heartland Bank.

View Profile Apr 11 1988

Heartland Bank

Heartland Bank was established 123 years ago and is currently headquartered in Somers, IA.

Jan 01 1901
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Libanco, Inc. Seller Pooling of Interests Discontinued 3/25/1999
The First State Bank Of Gowrie Seller 15,142 Pooling of Interests Discontinued 1/1/1997
Relationships Role Relationship Start Relationship End
Somers Bancorporation Parent 3/25/1999
Somers Bancorporation Parent 1/1/1997 3/24/1999
Libanco, Inc. Parent 1/1/1997 3/24/1999
Somers Bancorporation Parent 4/11/1988 12/31/1996
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