Heartland BancCorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	35.19	14.97	22.88	64.88	189.87	19.48
Investment Securities	269.44	177.35	140.5	139.54	127.39	124.7
Mortgage-Backed Securities	-	40.65	18.63	23.04	23.48	19.72
Total Investments	269.44	218	159.12	162.58	150.87	144.42
Gross Loans	1,554	1,549	1,404	1,173	1,136	898.97
Allowance for Loan Losses	-17.85	-17.93	-16.59	-14.97	-14.15	-8.77
Net Loans	1,536	1,531	1,388	1,158	1,122	890.21
Property, Plant & Equipment	32.55	37.58	34.73	32.16	33.27	32.76
Goodwill	12.39	12.39	12.39	12.39	12.39	1.21
Other Intangible Assets	0.43	0.57	0.77	0.99	1.25	0.94
Loans Held for Sale	2.85	1.15	1.35	4.65	4.38	0.65
Accrued Interest Receivable	21.52	8.1	6.11	5.25	6.12	4.84
Restricted Cash	-	21.72	-	-	-	-
Long-Term Deferred Tax Assets	6.01	6.45	7.52	1.4	0.96	0.6
Other Real Estate Owned & Foreclosed	0.03	0.01	0.01	0.01	0.01	-
Other Long-Term Assets	24.35	31.02	30.42	27.19	26.02	19.78
Total Assets	1,941	1,883	1,663	1,469	1,547	1,115
Interest Bearing Deposits	1,274	1,075	824.95	747.9	809.47	622.44
Institutional Deposits	-	79.55	108.59	29.25	76.57	65.82
Non-Interest Bearing Deposits	431.58	487.63	523.04	478.89	426.8	255.97
Total Deposits	1,706	1,643	1,457	1,256	1,313	944.22
Short-Term Borrowings	5.59	4.58	5.21	9.03	10.63	11.34
Current Portion of Long-Term Debt	10	31	16	-	-	-
Current Portion of Leases	-	0.51	-	-	-	-
Accrued Interest Payable	19.35	1.31	0.93	0.48	0.69	0.43
Long-Term Debt	24.07	24.03	24.69	24.65	24.71	5.46
Federal Home Loan Bank Debt, Long-Term	-	-	-	12	44.67	15
Long-Term Leases	-	3.41	4.25	2.75	3.05	2.57
Other Long-Term Liabilities	-	13.23	11.56	11	9.6	7.44
Total Liabilities	1,765	1,721	1,519	1,316	1,406	986.47
Common Stock	63.9	62.72	62	61.23	60.4	56.09
Retained Earnings	130.07	120.07	107.17	94.64	81.06	70.85
Treasury Stock	-4.99	-4.99	-4.99	-4.99	-4.99	-
Comprehensive Income & Other	-13.11	-15.26	-20.26	2.28	4.43	1.45
Shareholders' Equity	175.87	162.53	143.91	153.16	140.9	128.39
Total Liabilities & Equity	1,941	1,883	1,663	1,469	1,547	1,115
Total Debt	39.66	63.54	50.16	48.43	83.06	34.37
Net Cash (Debt)	28.12	-48.58	-27.27	16.46	107.09	-14.9
Net Cash Growth	-	-	-	-84.63%	-	-
Net Cash Per Share	13.75	-23.94	-13.44	8.11	53.14	-7.29
Filing Date Shares Outstanding	2.02	2.02	2.01	2	1.99	2.02
Total Common Shares Outstanding	2.02	2.02	2.01	2	1.99	2.02
Book Value Per Share	86.95	80.66	71.63	76.42	70.71	63.55
Tangible Book Value	163.05	149.58	130.75	139.78	127.25	126.25
Tangible Book Value Per Share	80.61	74.23	65.08	69.74	63.87	62.49

Source: S&P Global Market Intelligence. Banks template. Financial Sources.