Heartland BancCorp (HLAN)

Heartland BancCorp Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	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

Liabilities

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
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

Shareholders' Equity

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
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

Additional Metrics

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
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

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2024

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 23, 2026

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