Press Releases

Heartland Bank’s financial frontier

Information is an asset at Heartland Bank – a valuable means of communication and a way for us to let you know what we’re all about. We’re on the frontlines daily and we want you to know it! Browse our latest press releases and learn about us and what we do.

Heartland BancCorp Earns Record $5.8 Million in Fourth Quarter 2020 and Record $14.8 Million for the Year Increases Quarterly Cash Dividend by 10% to $0.627 per Share

Whitehall, OH – January 19, 2021 – Heartland BancCorp (“Heartland” and “the company”) (OTCQX: HLAN) today reported record earnings for the fourth quarter of 2020. Net income increased 89.0% to $5.8 million, or $2.87 per diluted share in the fourth quarter of 2020, compared to $3.1 million, or $1.52 per diluted share in the preceding quarter, and increased 67.2% compared to $3.4 million, or $1.67 per diluted share in the fourth quarter of 2019. For the year 2020, net income increased 11.9% to a record $14.8 million, or $7.33 per diluted share, compared to $13.2 million, or $6.45 per diluted share in 2019.

Tuesday, January 19, 2021
Categories: Press Releases

Heartland BancCorp Welcomes Matt Booms as Director of Mortgage Banking

Whitehall, OH - October 30, 2020 - Heartland BancCorp ("Heartland" and "the company") (OTCQX: HLAN) ), parent company of Heartland Bank, today announced that Matthew Booms has joined Heartland Bank as Director of Mortgage Banking. In this new leadership role, Booms will oversee Heartland's mortgage loan origination department in Central Ohio and Northern Kentucky along with mortgage delivery, servicing, and secondary market operations.

Friday, October 30, 2020
Categories: Press Releases

Heartland BancCorp Earns $3.1 Million, or $1.52 per Diluted Share, in Third Quarter 2020, Declares Quarterly Cash Dividend of $0.57 per Share

Whitehall, OH - October 20, 2020 - Heartland BancCorp ("Heartland" and "the company") (OTCQX: HLAN) today reported third quarter 2020 net income of $3.1million, or $1.52 per diluted share, compared to net income of $3.0 million, or $1.52 per diluted share, in the second quarter of 2020, and $3.6 million, or $1.77 per diluted share, in the third quarter of 2019. There were no acquisition-related expenses in the third quarter of 2020, compared to $1.3 million in acquisition-related expenses in the preceding quarter and no acquisition expenses in the third quarter a year ago. In the first nine months of 2020, net income was $9.0 million, or $4.46 per diluted share, compared to $9.7 million, or $4.77 per diluted share, in the first nine months of 2019.

Thursday, October 22, 2020
Categories: Press Releases

Heartland BancCorp Promotes Benjamin Babcanec to Chief Operating Officer

Whitehall, OH – September 30, 2020 – Heartland BancCorp (“Heartland” and “the company”) (OTCQX: HLAN), parent company of Heartland Bank (“Bank”), today announced that Benjamin Babcanec has been promoted to Chief Operating Officer, effective immediately. In his new role, Babcanec will oversee all operations across the bank within Retail Banking in Ohio and Kentucky, Commercial Banking, Agribusiness Banking, Residential Mortgage, Treasury Management and Client Services, Public Funds and Loan Syndication responsibilities.

Thursday, October 1, 2020
Categories: Press Releases

Heartland BancCorp Announces Management Change

Whitehall, OH – August 27, 2020 – Heartland BancCorp (“Heartland” and “the company”) (OTCQX: HLAN) ), parent company of Heartland Bank, today announced that Brian Mauntel has resigned as President and Chief Operating Officer of Heartland Bank. Effective immediately, G. Scott McComb, who served as President, Chairman and CEO of Heartland Bank prior to Mauntel’s appointment in April 2019, will assume all president responsibilities while continuing to serve as Chairman and Chief Executive Officer. McComb has been with Heartland for over 21 years.

Friday, August 28, 2020
Categories: Press Releases
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