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Heartland Bank

Somers, IA
IDRSSD: 604547
Total Assets
$265.20M
Latest filing
Total Deposits
$203.51M
Latest filing
Net Interest Margin
5.11%
Profitability
0

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

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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 Updated11/14/2025
CERT14809
Office of The Comptroller District:—
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$265.20M
Total Deposits$203.51M
Total Liabilities$233.75M
Total Equity Capital$31.45M
Net Income$1.32M
Net Loans and Leases$217.28M
Assets Per Employee ($Millions)$8.84M
Bank Premises and Fixed Assets$3.97M
Cash and Balances due from Depository Institutions$5.99M
Deposits Held in Domestic Offices$203.51M

Key Performance Ratios

Return on Assets (ROA)2.06%
Return on Equity (ROE)17.11%
Net Interest Margin5.11%
Efficiency Ratio49.84%
Tier 1 Risk-Based Capital Ratio13.742%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.44%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.859%
Earning Assets to total Assets93.59%

Income and Expense

Total Interest Income$4.38M
Total Noninterest Income$270.00k
Total Interest Expense$1.30M
Total Noninterest Expense$1.67M
Net Interest Income$3.09M
Pre-tax Net Operating Income$1.40M
Provision for Credit Losses$282.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$27.92M
All Other Liabilities$2.32M
Total Liabilities and Capital$265.20M

Securities

Securities$30.47M
Available-for-sale debt securities$28.83M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$1.55M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Heartland Bank?
$265.20M as of the latest filing.
How much are Heartland Bank's total deposits?
$203.51M in total deposits.
Where is Heartland Bank located?
Somers, IA.
What is the Net Interest Margin?
5.11%.
How many domestic offices does it operate?
5.
When was it established?
01/01/1901.
What is the Return on Assets (ROA)?
2.06%.
How much are total loans and leases?
$217.28M (latest filing).
What is the total interest income (latest filing)?
$4.38M.