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 $3.1 Million in Fourth Quarter and $11.4 Million for the Year, Increases Quarterly Cash Dividend by 10% to $0.52 per Share

Whitehall, OH – January 22, 2019 – Heartland BancCorp (“the company,” and “the bank”) (OTCQB: HLAN), today reported that growing revenues and expanding net interest margin contributed to record fourth quarter net income of $3.1 million, or $1.68 per diluted share.  This compares with net income of $2.1 million or $1.25 per diluted share in the fourth quarter of 2017, which includes additional tax expense of $541,000 or $0.29 per diluted share from a one-time write-down of its deferred tax assets and liabilities.  In the third quarter of 2018, net income was $3.06 million, or $1.83 per diluted share.  For the full year ended December 31, 2018, net income increased to a record $11.4 million, or $6.67 per diluted share, compared to $8.9 million, or $5.40 per diluted share, in 2017.

Tuesday, January 22, 2019
Categories: Press Releases

Heartland BancCorp’s TransCounty Title Agency adds All Ohio Title Agency

Whitehall, OH – January 8, 2019 – Heartland BancCorp (OTCQB: HLAN), parent company of Heartland Bank, today announced that TransCounty Title Agency, a community focused boutique agency acquired by the bank in July of 2018, has merged with All Ohio Title Agency.  Specializing in commercial real estate transactions, All Ohio Title Agency has been 49% owned by Heartland Bank since 2000.

Wednesday, January 9, 2019
Categories: Press Releases

Heartland Bank to Accept Franklin County Property Tax Payments

Whitehall, OH – December 19, 2019 – In partnership with the Franklin County Treasurer’s Office, Heartland BancCorp, (OTCQB:HLAN), parent company of Heartland Bank, is pleased to announce that property tax payments will once again be accepted at each of Heartland’s 15 local branch offices from December 17, 2018 – January 22, 2019. 

Thursday, December 20, 2018
Categories: Press Releases

CEO of the Year: Scott McComb Has Found His Own Path

Columbus CEO Magazine, December 3, 2018 - Scott McComb is the winner of the large for-profit award.​ When he decided to join his father at Heartland Bank, Scott McComb knew he faced a challenge. His father, Tiney, was a central Ohio banking legend and the founder of the financial institution, whose small-business lending instincts helped launch the careers of restaurateur Cameron Mitchell and countless other entrepreneurs. Tiney started Heartland in 1988 with the purchase of little Croton Bank of Licking County and turned his new entity into one of the most admired community banks in Ohio. He cast a big shadow.

Wednesday, December 5, 2018
Categories: Press Releases

Heartland BancCorp Announces Completion of $30 Million Private Placement of Common Shares

Whitehall, OH – November 20, 2018 – Heartland BancCorp (“the Company,”) (OTCQB: HLAN), today announced that it has completed a private placement of $30.0 million of the Company’s common shares to certain institutional and select accredited investors at a price of $80.00 per share. The Company expects to use the proceeds from the capital raise for general corporate purposes, including but not limited to supporting organic growth, facilitating potential expansion opportunities, expanding products and services and debt repayment.

Friday, November 30, 2018
Categories: Press Releases