Heartland Bank

Somers, IA
IDRSSD: 604547
Total Assets
$267.45M
Latest filing
Total Deposits
$200.87M
Latest filing
Net Interest Margin
4.84%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

073915889SOMERS, IA

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
Heartland Bank
615 6th Ave
Somers, IA 50586
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1901FDIC Certificate 9266

Branches (4)

Page 1 of 1
NameAddressCity / State
Heartland Bank (Main)615 6th AveSomers, IA
CALLENDER BRANCH425 Thomas StreetCallender, IA
MANSON BRANCH1314 1st AveManson, IA
JEFFERSON BRANCH1706 N Elm StJefferson, IA
GOWRIE BRANCH1201 Market StGowrie, IA
Showing 4 of 4

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1901
Community BankYes
Ownership TypeNot Mutual
ZIP50586
State and County Number19025
Subchapter S CorporationsYes
Trust PowersTrust Powers Grandfathered
Federal Reserve ID Number07
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictKansas City
Core Based Statistical Area NameN/A

Operational Info

Number of Employees30
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date06/30/2024
Date of Deposit Insurance10/16/1934
Primary Insurance AgencyDIF
Websitewww.heartlandbanks.bank
Data Updated01/30/2026
CERT14809
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$267.45M
Total Deposits$200.87M
Total Liabilities$234.68M
Total Equity Capital$32.78M
Net Income$1.41M
Net Loans and Leases$215.88M
Assets Per Employee ($Millions)$8.63M
Bank Premises and Fixed Assets$3.92M
Cash and Balances due from Depository Institutions$9.64M
Deposits Held in Domestic Offices$200.87M

Key Performance Ratios

Return on Assets (ROA)2.12%
Return on Equity (ROE)17.6%
Net Interest Margin4.84%
Efficiency Ratio51.15%
Tier 1 Risk-Based Capital Ratio13.849%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.21%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.255%
Earning Assets to total Assets92.22%

Income and Expense

Total Interest Income$4.27M
Total Noninterest Income$262.00k
Total Interest Expense$1.27M
Total Noninterest Expense$1.67M
Net Interest Income$2.99M
Pre-tax Net Operating Income$1.45M
Provision for Credit Losses$138.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$31.57M
All Other Liabilities$2.24M
Total Liabilities and Capital$267.45M

Securities

Securities$30.33M
Available-for-sale debt securities$28.71M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$1.53M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Heartland Bank?
$267.45M as of the latest filing.
How much are Heartland Bank's total deposits?
$200.87M in total deposits.
Where is Heartland Bank located?
Somers, IA.
What is the Net Interest Margin?
4.84%.
How many domestic offices does it operate?
5.
When was it established?
01/01/1901.
What is the Return on Assets (ROA)?
2.12%.
How much are total loans and leases?
$215.88M (latest filing).
What is the total interest income (latest filing)?
$4.27M.