Heartland Banccorp (HLAN) 38.0000 $HLAN
Heartland BancCorp in Top 200 Community Banks and Thrifts in the Nation, Four Years Running
PR Newswire - Thu May 01, 4:28PM CDT
Leading business management publication American Banker Magazine has just released its annual list of the Top 200 Community Banks and Thrifts in the nation. For the fourth consecutive year, Gahanna based Heartland BancCorp was ranked in the top 100, this year at #86. Eleven community banks from Ohio made the Top 200 list this year and Heartland BancCorp was the only Columbus based community bank listed. The Top 200 performers are based on their average return on equity over the past three years.
Heartland BancCorp Announces Higher First Quarter 2014 Earnings
PR Newswire - Tue Apr 15, 3:45PM CDT
G. Scott McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today reported first quarter 2014 net income of $1.234 million or $0.79 per diluted share up 13% over earnings of $1.091 million or $0.70 per diluted share for the first quarter of 2013. Earnings for the first quarter of 2014 as compared with the first quarter of 2013 reflect higher interest income, up $189 thousand or 3% and lower interest expense down $200 thousand or 23%. Provision for loan loss for the first quarter 2014 totaled $405 thousand, a reduction of $150 thousand or 27% lower than provision of $555 thousand for the first quarter of 2013. The lower provision in 2014 reflects continuing improvement in overall asset quality evidenced by reduced levels of non-performing assets. At March 31, 2014 non-performing assets fell to $5.8 million a decrease of $7.5 million or 56% compared to non-performing assets of $ 13.3 million as of March 31, 2013. Net interest income after provision for loan loss increased $539 thousand or 12% in 2014 compared to the first quarter of 2013. Non-interest income of $669 thousand for the first quarter of 2014 declined $182 thousand or 21% below the prior year first quarter due primarily to net gains recorded on sales of securities held for sale totaling $219 thousand in the first quarter of 2013 that did not reoccur in 2014. Operating expenses for the first quarter of 2014 increased $112 thousand or 3% compared to the 1st quarter of 2013.
William J. Schottenstein elected to the Board of Directors of Heartland Bank
PR Newswire - Wed Apr 09, 12:55PM CDT
G. Scott McComb, Chairman, President and CEO of Heartland Bank announced today that William J. Schottenstein was elected to the Board of Directors of Heartland Bank on March 18. He has also been nominated to the slate of directors of Heartland BancCorp, whose annual meeting is Tuesday, April 22.
Heartland BancCorp Directors Increase Quarterly Cash Dividend, Again
PR Newswire - Fri Feb 21, 4:07PM CST
The Board of Directors of Heartland BancCorp increased the quarterly cash dividend on its common stock for the second time since October 2013. This most recent action to increase the first quarter 2014 quarterly cash dividend occurred during the January meeting of the Directors who approved and declared a 5% increase to $0.3547 per share. This first quarter 2014 cash dividend is payable to shareholders of record March 25, payable April 10, 2014. Preceding this most recent increase, during their meeting of October 2013, the Directors approved and declared a 5% dividend increase to $0.3378 per share. This fourth quarter 2013 dividend increase was payable to shareholders of record December 25th payable January 10, 2014.
Heartland Bank's Downtown Columbus Branch Opens This Week
PR Newswire - Fri Jan 31, 7:36AM CST
G. Scott McComb, Chairman, President and CEO of Heartland Bank is pleased to announce that the recently purchased 101 South High Street building has been restored and the bank's new office is open for business.
Heartland BancCorp Announces 2013 Earnings
PR Newswire - Wed Jan 15, 3:58PM CST
G. Scott McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today announced 2013 fourth quarter and full year earnings. Net income for the year ended December 31, 2013 totaled $5.216 million or $3.34 per share compared to earnings of $6.699 million or $4.32 per share for the year ended December 31, 2012. Net interest income, before provision for loan loss for 2013 of $21.658 million declined slightly, $79 thousand, compared to $21.737 million for 2012. Provision for loan loss of $1.970 million for 2013 declined $1.416 million or 42% compared to provision expense of $3.386 million for the full year 2012. The decrease in the bank's loan loss provision resulted from a continued improvement in credit quality as evidenced by a lower level of non-performing loans at the end of 2013. Total non-interest income of $3.647 million in 2013 declined $1.731 million or 32% compared to $5.378 million for 2012. The higher level of earnings and non-interest income in 2012 was due to the receipt of $2.162 million of net key man life insurance proceeds from the loss of Heartland BancCorp's former chairman during 2012. Non-interest or operating expense of $16.448 million in 2013 increased 6% from $15.506 million in 2012.
Heartland Bank to Accept Franklin County Property Tax Payments
PR Newswire - Wed Dec 11, 7:23AM CST
In partnership with the Franklin County Treasurer's Office, Heartland Bank is pleased to announce that Property Tax payments will be accepted at each of the bank's 11 local branch offices from December 23, 2013 through January 21, 2014.
Heartland Bank Receives 2013 WWR Outstanding Community Partner Award
PR Newswire - Wed Aug 14, 12:56PM CDT
Weltman, Weinberg & Reis Co., LPA (WWR) presented Heartland Bank of Gahanna, Ohio with the annual 2013 WWR Outstanding Community Partner Award at the Community Bankers Association of Ohio (CBAO) annual convention, held at the Lodge at Sawmill Creek in Huron, Ohio on Thursday, August 8, 2013. The Community Partner Award was created to honor those community banks in Ohio that actively partner with their local communities to provide educational, community outreach and/or community service programs, and celebrates those that are investing time and resources into their communities and inspiring others through their work.
Heartland BancCorp Announces 2nd Quarter and Year-To-Date 2013 Earnings
PR Newswire - Wed Jul 17, 1:21PM CDT
Scott McComb, Chairman & CEO of Heartland BancCorp, parent company of Heartland Bank, today reported earnings for the 2nd quarter and six months ending June 30, 2013. Net income for the 2nd quarter 2013 totaled $1.282 million or $0.82 per diluted share compared to net income of $3.225 million or $2.08 per diluted share for the three months ended June 30, 2012. Year to date 2013 net income of $2.372 million or $1.52 per diluted share compares to earnings of $4.501 million or $2.90 per diluted share for the first six months of 2012. Both 2nd quarter and year to date 2012 earnings include net tax exempt life insurance proceeds totaling $1.983 million recorded in other non-interest income from Heartland Bank's key-man insurance policies on its former Chairman and Founder. As of June 30, 2013 year to date net income of $2.372 million declined $146 thousand or 6% compared to net income of $2.518 million excluding the one-time net insurance benefit.
Heartland BancCorp Ranks 62nd in American Banker Magazine Top 200 Community Banks and Thrifts in the Nation
PR Newswire - Wed May 08, 2:00PM CDT
Leading business management publication American Banker Magazine has just released its annual list of the Top 200 Community Banks and Thrifts in the nation. For the third consecutive year, Gahanna based Heartland BancCorp was ranked in the top 100 and moved up 35 positions, from 97th in 2012 to 62nd in 2013, as published in the April 29 report. Fifteen community banks from Ohio made the list this year and Heartland BancCorp is the only one from the central Ohio area. The Top 200 performers are based on their average return on equity over the past three years.
Heartland BancCorp Announces 1st Quarter 2013 Earnings
PR Newswire - Fri Apr 12, 4:43PM CDT
G. Scott McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today reported 1st quarter 2013 net income of $1.091 million or $0.70 per diluted share compared to earnings of $1.276 million or $0.82 per diluted share for the 1st quarter of 2012.
Over 300 Registered for Heartland Bank's 6th Annual Money Matters Free Financial Summit
PR Newswire - Mon Mar 11, 12:41PM CDT
Continuing the tradition of being a financial solutions resource, Heartland Bank was proud to present the 6th Annual Money Matters Free Financial Summit. Teaming up again this year with Heartland Bank was media partner 104.9 The River. The event was held on Saturday, March 9, 2013 at the First Baptist Church of Grove City.
Heartland Bank Reinvests in Downtown Columbus
PR Newswire - Thu Feb 07, 4:28PM CST
G. Scott McComb, Chairman, President & CEO of Heartland Bank is pleased to announce Heartland Bank's continued commitment to downtown Columbus. When Heartland Bank opened its doors in 2006 at 65 E. State Street, it was in response to client demand and to take advantage of the housing growth and other development opportunities coming to downtown Columbus.
Heartland BancCorp in Top 200 Community Banks and Thrifts in the Nation, Four Years Running
PR Newswire - Thu May 01, 4:28PM CDT
Leading business management publication American Banker Magazine has just released its annual list of the Top 200 Community Banks and Thrifts in the nation. For the fourth consecutive year, Gahanna based Heartland BancCorp was ranked in the top 100, this year at #86. Eleven community banks from Ohio made the Top 200 list this year and Heartland BancCorp was the only Columbus based community bank listed. The Top 200 performers are based on their average return on equity over the past three years.
Heartland BancCorp Announces Higher First Quarter 2014 Earnings
PR Newswire - Tue Apr 15, 3:45PM CDT
G. Scott McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today reported first quarter 2014 net income of $1.234 million or $0.79 per diluted share up 13% over earnings of $1.091 million or $0.70 per diluted share for the first quarter of 2013. Earnings for the first quarter of 2014 as compared with the first quarter of 2013 reflect higher interest income, up $189 thousand or 3% and lower interest expense down $200 thousand or 23%. Provision for loan loss for the first quarter 2014 totaled $405 thousand, a reduction of $150 thousand or 27% lower than provision of $555 thousand for the first quarter of 2013. The lower provision in 2014 reflects continuing improvement in overall asset quality evidenced by reduced levels of non-performing assets. At March 31, 2014 non-performing assets fell to $5.8 million a decrease of $7.5 million or 56% compared to non-performing assets of $ 13.3 million as of March 31, 2013. Net interest income after provision for loan loss increased $539 thousand or 12% in 2014 compared to the first quarter of 2013. Non-interest income of $669 thousand for the first quarter of 2014 declined $182 thousand or 21% below the prior year first quarter due primarily to net gains recorded on sales of securities held for sale totaling $219 thousand in the first quarter of 2013 that did not reoccur in 2014. Operating expenses for the first quarter of 2014 increased $112 thousand or 3% compared to the 1st quarter of 2013.
William J. Schottenstein elected to the Board of Directors of Heartland Bank
PR Newswire - Wed Apr 09, 12:55PM CDT
G. Scott McComb, Chairman, President and CEO of Heartland Bank announced today that William J. Schottenstein was elected to the Board of Directors of Heartland Bank on March 18. He has also been nominated to the slate of directors of Heartland BancCorp, whose annual meeting is Tuesday, April 22.
Heartland BancCorp Directors Increase Quarterly Cash Dividend, Again
PR Newswire - Fri Feb 21, 4:07PM CST
The Board of Directors of Heartland BancCorp increased the quarterly cash dividend on its common stock for the second time since October 2013. This most recent action to increase the first quarter 2014 quarterly cash dividend occurred during the January meeting of the Directors who approved and declared a 5% increase to $0.3547 per share. This first quarter 2014 cash dividend is payable to shareholders of record March 25, payable April 10, 2014. Preceding this most recent increase, during their meeting of October 2013, the Directors approved and declared a 5% dividend increase to $0.3378 per share. This fourth quarter 2013 dividend increase was payable to shareholders of record December 25th payable January 10, 2014.
Heartland Bank's Downtown Columbus Branch Opens This Week
PR Newswire - Fri Jan 31, 7:36AM CST
G. Scott McComb, Chairman, President and CEO of Heartland Bank is pleased to announce that the recently purchased 101 South High Street building has been restored and the bank's new office is open for business.
Heartland BancCorp Announces 2013 Earnings
PR Newswire - Wed Jan 15, 3:58PM CST
G. Scott McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today announced 2013 fourth quarter and full year earnings. Net income for the year ended December 31, 2013 totaled $5.216 million or $3.34 per share compared to earnings of $6.699 million or $4.32 per share for the year ended December 31, 2012. Net interest income, before provision for loan loss for 2013 of $21.658 million declined slightly, $79 thousand, compared to $21.737 million for 2012. Provision for loan loss of $1.970 million for 2013 declined $1.416 million or 42% compared to provision expense of $3.386 million for the full year 2012. The decrease in the bank's loan loss provision resulted from a continued improvement in credit quality as evidenced by a lower level of non-performing loans at the end of 2013. Total non-interest income of $3.647 million in 2013 declined $1.731 million or 32% compared to $5.378 million for 2012. The higher level of earnings and non-interest income in 2012 was due to the receipt of $2.162 million of net key man life insurance proceeds from the loss of Heartland BancCorp's former chairman during 2012. Non-interest or operating expense of $16.448 million in 2013 increased 6% from $15.506 million in 2012.
Heartland Bank to Accept Franklin County Property Tax Payments
PR Newswire - Wed Dec 11, 7:23AM CST
In partnership with the Franklin County Treasurer's Office, Heartland Bank is pleased to announce that Property Tax payments will be accepted at each of the bank's 11 local branch offices from December 23, 2013 through January 21, 2014.
Heartland Bank Receives 2013 WWR Outstanding Community Partner Award
PR Newswire - Wed Aug 14, 12:56PM CDT
Weltman, Weinberg & Reis Co., LPA (WWR) presented Heartland Bank of Gahanna, Ohio with the annual 2013 WWR Outstanding Community Partner Award at the Community Bankers Association of Ohio (CBAO) annual convention, held at the Lodge at Sawmill Creek in Huron, Ohio on Thursday, August 8, 2013. The Community Partner Award was created to honor those community banks in Ohio that actively partner with their local communities to provide educational, community outreach and/or community service programs, and celebrates those that are investing time and resources into their communities and inspiring others through their work.
Heartland BancCorp Announces 2nd Quarter and Year-To-Date 2013 Earnings
PR Newswire - Wed Jul 17, 1:21PM CDT
Scott McComb, Chairman & CEO of Heartland BancCorp, parent company of Heartland Bank, today reported earnings for the 2nd quarter and six months ending June 30, 2013. Net income for the 2nd quarter 2013 totaled $1.282 million or $0.82 per diluted share compared to net income of $3.225 million or $2.08 per diluted share for the three months ended June 30, 2012. Year to date 2013 net income of $2.372 million or $1.52 per diluted share compares to earnings of $4.501 million or $2.90 per diluted share for the first six months of 2012. Both 2nd quarter and year to date 2012 earnings include net tax exempt life insurance proceeds totaling $1.983 million recorded in other non-interest income from Heartland Bank's key-man insurance policies on its former Chairman and Founder. As of June 30, 2013 year to date net income of $2.372 million declined $146 thousand or 6% compared to net income of $2.518 million excluding the one-time net insurance benefit.
Heartland BancCorp Ranks 62nd in American Banker Magazine Top 200 Community Banks and Thrifts in the Nation
PR Newswire - Wed May 08, 2:00PM CDT
Leading business management publication American Banker Magazine has just released its annual list of the Top 200 Community Banks and Thrifts in the nation. For the third consecutive year, Gahanna based Heartland BancCorp was ranked in the top 100 and moved up 35 positions, from 97th in 2012 to 62nd in 2013, as published in the April 29 report. Fifteen community banks from Ohio made the list this year and Heartland BancCorp is the only one from the central Ohio area. The Top 200 performers are based on their average return on equity over the past three years.
Heartland BancCorp Announces 1st Quarter 2013 Earnings
PR Newswire - Fri Apr 12, 4:43PM CDT
G. Scott McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today reported 1st quarter 2013 net income of $1.091 million or $0.70 per diluted share compared to earnings of $1.276 million or $0.82 per diluted share for the 1st quarter of 2012.
Over 300 Registered for Heartland Bank's 6th Annual Money Matters Free Financial Summit
PR Newswire - Mon Mar 11, 12:41PM CDT
Continuing the tradition of being a financial solutions resource, Heartland Bank was proud to present the 6th Annual Money Matters Free Financial Summit. Teaming up again this year with Heartland Bank was media partner 104.9 The River. The event was held on Saturday, March 9, 2013 at the First Baptist Church of Grove City.
Heartland Bank Reinvests in Downtown Columbus
PR Newswire - Thu Feb 07, 4:28PM CST
G. Scott McComb, Chairman, President & CEO of Heartland Bank is pleased to announce Heartland Bank's continued commitment to downtown Columbus. When Heartland Bank opened its doors in 2006 at 65 E. State Street, it was in response to client demand and to take advantage of the housing growth and other development opportunities coming to downtown Columbus.
