Heartland BancCorp Moves from 159 to 112 in U.S. Banker Top 200 Community Banks List

U.S. Banker Magazine just released its annual list of the Top 200 Community Banks and Thrifts in the nation. Gahanna- based Heartland BancCorp moved from a 159 ranking in 2009 to 112 as of June, 2010, the only community bank in Central Ohio to make the list, and 1 of 12 ranked in the state. The ranking is based on a 3-year Average Return on Equity (ROE), which is calculated by taking annualized net income divided by average total equity.

President and CEO of Heartland Bank, G. Scott McComb stated, “Heartland Bank is proud of its steady track record and providing continuous returns to our shareholders. Our ranking by the U.S. Banker as 112 in the nation is an indication of the application of sound banking principles and a solid foundation of growth.”

U.S. Banker is a monthly magazine for financial services executives. It provides 40,000 C-suite and executive level bankers with analysis and commentary of the industry players, financial and economic market trends, regulations, business strategies and innovations reshaping the banking and financial services landscape. U.S. Banker is owned by SourceMedia, Inc. SourceMedia was formed in 2004 when the Thomson Corporation sold Thomson Media, its business publishing division, to Investcorp, an investment holding company. The Company was renamed Source Media in 2005. Source Media provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, data applications, seminars and conferences.

Heartland BancCorp is a registered Ohio bank holding company and the parent of Heartland Bank, which operates eleven full-service banking offices. Alternative investment services are provided through Infinex Investments, Inc. Heartland Bank is a member of the Federal Reserve, a member of the FDIC and an Equal Housing Lender. Heartland BancCorp is currently quoted on the over-the-counter (OTC) Bulletin Board Service under the symbol HLAN.

Read the full article in US Banker Magazine

For Additional Information Contact:
G. Scott McComb
Phone: 614-337-4600
Heartland BancCorp Vice Chairman & President

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