News & Info

Heartland Bank to serve as Presenting Sponsor of 40th annual Westerville Music & Arts Festival05-Jun-2013

Gahanna, Ohio – June 4, 2013 Heartland Bank is proud to announce their support of the 40th annual Westerville Area Chamber of Commerce Music &am..

Heartland BancCorp Ranks 62nd in American Banker Magazine Top 200 Community Banks in the Nation08-May-2013

GAHANNA, OHIO – May 8, 2013….Leading business management publication American Banker Magazine has just released its annual list of th..

Pennies to Dollars to Help Gahanna Animal Hospital08-May-2013

Heartland Bank is proud to support the Gahanna Animal Hospital. To learn more and see how you can support this great cause, please feel free t..

Heartland BancCorp Announces 1st Quarter 2013 Earnings 15-Apr-2013

G. Scott McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today reported 1st quarter 2013 net income of $1.091 millio..

Pennies to Dollars to Help the Licking County Humane Society15-Apr-2013

Heartland Bank is proud to support the Licking County Humane Society. To learn more and see how you can support this great cause, please feel ..

Over 300 Registered for Heartland Bank’s 6th Annual Money Matters Free Financial Summit11-Mar-2013

GAHANNA, OH – March 11, 2013 – Continuing the tradition of being a financial solutions resource, Heartland Bank was proud to present t..

A Man’s Dream Comes True22-Feb-2013

Gahanna, Ohio – February 21, 2013 – G. Scott McComb, Chairman, President & CEO of Heartland Bank is pleased to announce a partners..

Heartland Bank Reinvests in Downtown Columbus08-Feb-2013

February 7, 2013 - Gahanna, Ohio – G. Scott McComb, Chairman, President & CEO of Heartland Bank is pleased to announce Heartland Bank&rs..

Heartland BancCorp Announces 2012 Earnings22-Jan-2013

Gahanna, Ohio – G. Scott McComb, Chairman & CEO of Heartland BancCorp, parent company of Heartland Bank, today announced 2012 earnings. ..

Early Dividend Payout to Heartland BancCorp Shareholders29-Nov-2012

GAHANNA, OHIO – November 29, 2012 - G. Scott McComb, Chairman & CEO of Heartland BancCorp, parent company of Heartland Bank announced at..

Gerald McClain Family Honored During Heartland Bank’s Newark Office Grand Opening Celebration13-Nov-2012

GAHANNA, OHIO – November 13, 2012 … Over 150 people were in attendance at the Grand Opening Celebration and Ribbon Cutting Ceremony of He..

Heartland BancCorp Announces: Higher 3rd Quarter and Year-to-Date 2012 Earnings11-Oct-2012

Gahanna, Ohio – October 11, 2012 - G. Scott McComb, Chairman & CEO of Heartland BancCorp, parent company of Heartland Bank, today report..

ICBA: Fixed Mortgage Rates Flat This Week 20-Sep-2012

Freddie Mac said fixed mortgage rates held steady from the previous week and remained near their all-time lows. Rates on 30-year fixed-rate (http://fr..

ICBA: Producer Prices Show Biggest Rise in Three Years 20-Sep-2012

Producer prices rose a seasonally adjusted 1.7 percent in August, the highest since June 2009, the Labor Department said (http://www.bls.gov/news.rele..

BBB Center Announces Heartland Bank 2012 Torch Award Recipient for EthicalEnterprising(SM)31-Aug-2012

August 31, 2012, Gahanna, Ohio – The Better Business Bureau (BBB) Center for Character Ethics announced that Heartland Bank is a recipient o..

Freddie: FRM Rates End Upward Swing 31-Aug-2012

Freddie Mac said fixed mortgage rates pulled back this week after increasing the previous four weeks. Rates on 30-year FRMs averaged 3.59 percent,..

ICBA: Personal Income, Spending Up in July 31-Aug-2012

Personal income and disposable personal income each rose 0.3 percent in July, according to the Commerce Department. (http://www.bea.gov/newsreleases/n..

ICBA: Record Farm Income Forecast for 2012 31-Aug-2012

U.S. net farm and cash income are forecast to reach record highs in 2012 on corn and soybean receipts and crop insurance indemnities, the USDA reporte..

15th Annual Charity Golf Classic - SOLD OUT!23-Aug-2012

GAHANNA, OHIO – August 23, 2012 – G. Scott McComb, Chairman, President & CEO of Heartland Bank, is proud to announce Heartland&rsq..

ICBA: Economic Indicator Roundup 15-Aug-2012

Retail Sales: Retail sales rose a seasonally adjusted 0.8 percent in July and were up 4.1 percent from a year ago, the Commerce Department (http://www..

ICBA: Fixed Mortgage Rates Up Slightly 13-Aug-2012

Freddie Mac said fixed mortgage rates edged up for the second straight week, but remained near record lows. Rates on 30-year fixed-rate mortgages aver..

ICBA: Fixed Mortgage Rates Continue Streak of Record Lows30-Jul-2012

Freddie Mac said fixed mortgages rates continued their streak of record-breaking lows this week. Rates on 30-year fixed-rate mortgages averaged 3.49 p..

Heartland BancCorp Announces Higher Earnings Directors Declare 3rd Quarter 2012 Cash Dividend17-Jul-2012

GAHANNA, Ohio – July 17, 2012 – G. Scott McComb, Chairman & CEO of Heartland BancCorp, parent company of Heartland Bank, today rep..

ICBA - Freddie: Fixed Mortgage Rates Again at New Lows 13-Jul-2012

Freddie Mac said average fixed mortgage rates continued to reach new lows this week amid easing bond yields following June's lackluster employment..

ICBA: OCC - Mortgage Delinquencies at Three-Year Low28-Jun-2012

The percentage of first-lien mortgages that were current and performing at the end of the first quarter of 2012 increased to the highest levels in thr..

ICBA: Pending Home Sales Up Nearly 6 Percent28-Jun-2012

Pending home sales bounced back in May to their highest level in the past two years, according to the National Association of Realtors (http://www.rea..

ICBA: Mortgage Rates Again at New Lows25-Jun-2012

Freddie Mac said average mortgage rates declined this week amid worsening economic indicators, with rates on 30-year fixed-rate mortgages at new r..

Pennies to Dollars to Help Westerville Area Chamber Foundation12-Jun-2012

Heartland Bank is proud to support the Westerville Area Chamber Foundation. To learn more and see how you can support this great cause, please f..

Now Live! Heartland Bank iPad App and Mobile Browser!06-Jun-2012

Gahanna, Ohio - June 6, 2012 - G. Scott McComb, President and CEO of Heartland Bank is pleased to announce an additional service to Heartland Bank..

ICBA: Mortgage Rates Again Set New Lows01-Jun-2012

Freddie Mac said fixed mortgage rates again reached new lows. Rates on 30-year fixed-rate mortgages averaged 3.75 percent this week, down from 3.78 pe..

ICBA Offers Financial Tips for 2012 Graduates25-May-2012

With students graduating from colleges and universities across the country, ICBA is offering tips to help graduates manage finances in the “..

Heartland BancCorp Ranks 97th...24-May-2012

Heartland BancCorp Ranks 97th in American Banker Magazine Top 200 Community Banks and Thrifts in the Nation GAHANNA, Ohio, American Banker Magazine ..

ICBA: Second Straight Week of Record-Low Mortgage Rates11-May-2012

Freddie Mac said average fixed mortgage rates reached new all-time record lows for the second consecutive week. Rates on 30-year FRMs averaged 3.83 pe..

ICBA: Economy Adds 115K Jobs in April07-May-2012

Payroll employment rose by 115,000 in April and the unemployment rate declined slightly, according to the Labor Department. Employment increased in pr..

Westerville Education Foundation benefits from money raised through Pennies to Dollars.07-May-2012

Heartland Bank is proud to support the Westerville Education Foundation. To learn more and see how you can support this great cause, please ..

ICBA: Construction Spending Up Slightly02-May-2012

Construction spending rose 0.1 percent in March to a seasonally adjusted annual rate of $808.1 billion, according to the Commerce Department (http://w..

ICBA: Manufacturing Index Expands in April02-May-2012

Economic activity in the manufacturing sector grew in April for the 33rd consecutive month and at a faster pace than the previous month, according to ..

Robert C. Overs, Gary D. Paine, Richard A. Vincent Elected to the Boards of Heartland...02-May-2012

Gahanna, Ohio – May 1, 2012…G. Scott McComb, Chairman and President of Heartland BancCorp announced at the Annual Shareholders Meetin..

G. Scott McComb elected as Chairman; Jay Eggspuehler as Vice-Chairman of the Boards of Heartland...25-Apr-2012

Gahanna, Ohio – April 24, 2012 – I. Robert Amerine, Secretary of Heartland BancCorp, announced today at Heartland BancCorp’s Ann..

The USO of Central and Southern Ohio team up with Ohio Community Banks to help Wounded Ohio National23-Apr-2012

Gahanna, Ohio – April 20, 2012 - G. Scott McComb, President and CEO of Heartland Bank, and President of the Central and Southern Ohio USO announ..

Heartland Bank Concert Series benefiting the USO presents Mark Chesnutt at The Bluestone19-Apr-2012

Mark Chesnutt Live in Concert at The Bluestone as Part of The Heartland Bank Concert Series to Benefit The USO Gahanna, Ohio – April 18..

Heartland Bank hosts the 13th Annual Economic Forum with Dr. Edmond J. Seifried, Chief Economist18-Apr-2012

GAHANNA, OHIO – April 17, 2012 - G. Scott McComb, President and CEO of Heartland Bank, hosted the thirteenth annual Economic Forum at the Hi..

Westerville Special Olympics benefits from money raised through Pennies to Dollars13-Apr-2012

Heartland Bank is proud to support the Westerville Special Olympics. To learn more and see how you can support this great cause, please feel..

Heartland BancCorp Announces Higher 1st Quarter 2012 Earnings12-Apr-2012

Gahanna, Ohio – April 12, 2012 – Tiney M. McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today repo..

ICBA: Payrolls Up 120K, Unemployment Rate Dips in March 09-Apr-2012

Nonfarm payrolls rose by 120,000 in March and the unemployment rate declined 0.1 percentage point to 8.2 percent, according to the Labor Department. E..

Heartland Bank Launches Spotlight Series 02-Apr-2012

Who Wouldn’t Want to Grow, Protect and Manage Their Assets? Gahanna, Ohio - March 30, 2012 - G. Scott McComb, President and CEO of Hea..

ICBA: Personal Income, Spending Up in February 02-Apr-2012

Personal income increased 0.2 percent in February and spending rose 0.8 percent, according to the Commerce Department. The increases (http://www.bea.g..

ICBA - Bernanke: Threat of Second Great Depression Was Real 29-Mar-2012

Federal Reserve Chairman Ben Bernanke said that while the Great Depression was considerably more severe than the recent recession, the threat of a sec..

Heartland Bank Announces Officer Promotions28-Mar-2012

Steve Hines to Executive Vice President and Chief Operating Officer Bill Daily to Vice President and Commercial Lending Manager Gahann..

Gahanna Christian Academy benefits from money raised through Pennies to Dollars01-Mar-2012

Heartland Bank is proud to support the Gahanna Christian Academy. To learn more and see how you can support this great cause, please feel fr..

ICBA Economic Indicator Roundup29-Feb-2012

Consumer Confidence: Consumer confidence increased in February following a January decline, according to the Conference Board. The Consumer Confid..

ICBA: Fannie Projects 2.3 Percent Growth in 201223-Feb-2012

Economic growth advanced in the fourth quarter to 2.8 percent, according to Fannie Mae’s latest report. Fannie’s Economic & Strate..

Heartland Bank, 104.9 The River and ABC 6/FOX 28 Present the Fifth Annual Free Financial Summit16-Feb-2012

GAHANNA, OH – February 16, 2012 – Heartland Bank, 104.9 The River and ABC 6/ FOX 28 team up to present the 2012 Money Matters Fi..

ICBA Report: 600K Switch Due to Bank Transfer Day31-Jan-2012

More than 600,000 people switched from megabanks to community banks or credit unions as a result of Bank Transfer Day, according to a new report. Jave..

Freddie: 30-Year FRM Rates at New Lows 20-Jan-2012

Freddie Mac said rates on 30-year fixed-rate mortgages reached a new all-time low of 3.88 percent this week, down from 3.89 percent last week and ..

Heartland BancCorp Announces Record 2011 Earnings Directors Declare Cash Dividend18-Jan-2012

For Immediate Release: Contact: Tiney M. McComb – Chairman & CEO or, Phone: 614-337-4600 G. Scott McComb – Vice Chairman &..

ICBA: Retail Sales, Business Inventories Up 13-Jan-2012

Retail sales rose a seasonally adjusted 0.1 percent in December from the previous month and 6.5 percent from December 2010, according to the Comme..

ICBA: IRS Opens 2012 Tax Season 05-Jan-2012

The Internal Revenue Service opened the 2012 tax-filing season by announcing that taxpayers have until April 17 to file their returns. The IRS enc..

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Heartland BancCorp Announces Higher 1st Quarter 2012 Earnings

You Are Here: Heartland BancCorp Announces Higher 1st Quarter 2012 Earnings

Heartland BancCorp Announces Higher 1st Quarter 2012 Earnings

12-Apr-2012

Gahanna, Ohio – April 12, 2012 – Tiney M. McComb, Chairman and CEO of Heartland BancCorp, parent company of Heartland Bank, today reported higher 1st quarter 2012 net income of $1.276 million or $0.82 per diluted share up over earnings of $1.260 million or $0.81 per diluted share for the 1st quarter of 2011.

The recent quarter’s increase in earnings as compared with the first quarter of 2011 reflect higher net interest income resulting in a widening of the net interest margin and higher non-interest income while operating expense increased 7%. “Strong core earnings continue to support our franchise value. Compliance with Dodd-Frank and increased audit requirements have contributed to our operating expenses as we remain committed to being a safe, sound, and well capitalized financial institution” stated G. Scott McComb, Vice Chairman and President.

Other Financial highlights for the 1st quarter 2012 compared to the same period in 2011 include:

• Total assets increased $17.7 million or 3% to $577 million,
• Net loans declined 2% or $8.4 million to $386 million,
• Deposits increased 5% or $24.4 million to $493 million,
• Shareholders’ equity increased $5.5 million or 12% to $51.6 million,
• Book value per share increased to $33.49 up 12% from $30.02 in 2011.

Heartland Bank provides a complete line of loan and deposit products accessible from any of our banking offices and ATMs, as well as from home or office using Heartland’s telephone banking at 416-BANK or worldwide access at www.heartlandbank.com

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 Financial Group. 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.

HEARTLAND BANCORP EARNINGS PROFILE ATTACHED

FOR IMMEDIATE RELEASE

MEDIA CONTACT:
G. Scott McComb
President and CEO
614.337.4600

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