GAHANNA, Ohio, December 15, 2015 (GLOBE NEWSWIRE) -- Heartland BancCorp, (OTCQB:HLAN), parent company of Heartland Bank, today announced that the bank will be expanding into Clintonville, with a branch office expected to open during the fourth quarter of 2016. Heartland has leased a 1950 sf space in a new development at 4476 N High St. The new location will feature drive-through lanes, a drive up ATM machine and night depository. This marks the fourteenth location in Central Ohio for Gahanna based Heartland BancCorp.
Tuesday, December 15, 2015
Gahanna, OH – November 12, 2015 – Heartland BancCorp (“the company,” and “the bank”) (OTCQB: HLAN), today announced the successful completion of its private placement to accredited investors of $5.4 million in aggregate principal amount of fixed and variable rate subordinated promissory notes (the “Notes”). The weighted interest rate for the Notes is 4.896%, calculated using the Treasury rate from the most recent Federal Reserve Statistical Release for the variable rate notes. The Notes are non‐callable for five years and have a stated maturity of November 12, 2025. Proceeds from the offering will be used for general corporate purposes, including, but not limited to, adding capital to enhance the bank’s already “well capitalized” status and supporting the double digit balance sheet growth it has experienced in recent years.
Thursday, November 12, 2015
Gahanna, OH – October 20, 2015 – Heartland BancCorp (“the company,” and “the bank”) (OTCQB: HLAN), today reported earnings increased 20.4% to $1.9 million, or $1.22 per diluted share in the third quarter of 2015 compared to $1.6 million, or $1.02 per diluted share, in the third quarter a year ago. In the preceding quarter, earnings were $1.8 million, or $1.15 per diluted share. For the first nine months of the year, Heartland’s earnings increased 20.2% to $5.3 million, or $3.36 per diluted share, compared to $4.4 million, or $2.82 per diluted share, in the first nine months of 2014.
Tuesday, October 20, 2015
After 25 years of broad based experience in the banking industry, Brian joined Heartland in June of this year from Fifth Third Bank, where he held numerous executive roles in business management, market leadership and strategic planning.
Thursday, October 1, 2015
Gahanna, OH – April 29, 2015 – Heartland BancCorp, (OTCQB: HLAN), parent company of Heartland Bank, today announced that it has once again been named to American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts. In its May 2015 issue, American Banker ranked Heartland 77th on its Top 200 Publicly Traded Community Banks and Thrifts list based on three‐year average return on equity (“ROE”) as of 12/31/14 (Source: SNLFinancial). Heartland is the only locally based bank in Columbus to make the list.
Wednesday, April 29, 2015