# HEARTLAND BANK
SOMERS, IA · FDIC certificate 14809 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $256.1M | |
| Deposits | $203.7M | |
| Loans and leases | $216.1M | |
| Total equity | $34.2M | |
| Loans / deposits | 104.22% (p94 of band) | 73.59% |
| Liquid assets / assets | 13.19% (p8 of band) | |
| Uninsured deposits / deposits | 23.85% (p65 of band) | 19.81% |
| Brokered deposits | 5.16% | |
| Wholesale funding | 11.49% (p86 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 13.23% (p65 of band) | 11.76% |
| Unrealized securities loss / equity | -4.54% (p59 of band) | -6.57% |
| AOCI / equity | -0.14% (p62 of band) | |
| ROA (annualized) | 2.17% (p89 of band) | 1.17% |
| Net interest margin | 5.09% (p91 of band) | 3.93% |
| Efficiency ratio | 51.63% (p16 of band) | |
| Noncurrent loans | 0.81% (p66 of band) | 0.36% |
| Net charge-offs (annualized) | 0.04% (p77 of band) | |
| Reserve coverage of noncurrent | 220.19% | |
| Real estate % of loans | 56% | |
| Construction % of loans | 2.48% (p24 of band) | |
| Auto loans | $1.1M (0.51% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 2.4% | |
| Employees | 33 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 0 |  |  |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 1 | capital falling |  |
| 2013-06 | 0 |  | capital falling |
| 2013-09 | 0 |  |  |
| 2013-12 | 1 | capital falling |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | capital falling |  |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | reserve under noncurrent |  |
| 2015-12 | 0 |  | reserve under noncurrent |
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | capital falling, reserve under noncurrent |  |
| 2016-09 | 1 |  | reserve under noncurrent |
| 2016-12 | 1 |  |  |
| 2017-03 | 0 |  | capital falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | charge-offs p90 |  |
| 2018-03 | 0 |  | charge-offs p90 |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 2 | capital falling, uninsured deposits leaving |  |
| 2019-03 | 0 |  | capital falling, uninsured deposits leaving |
| 2019-06 | 0 |  |  |
| 2019-09 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2019-12 | 0 |  | loans exceed deposits, wholesale funding >15% |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 3 | loans exceed deposits, wholesale funding >15% |  |
| 2020-09 | 1 |  | capital falling, wholesale funding >15% |
| 2020-12 | 0 |  | loans exceed deposits |
| 2021-03 | 0 |  |  |
| 2021-06 | 1 | capital falling |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 1 | AOCI drag >20% of equity |  |
| 2022-12 | 0 |  | AOCI drag >20% of equity |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 1 | wholesale funding >15% |  |
| 2024-03 | 3 | loans exceed deposits, uninsured deposits leaving |  |
| 2024-06 | 0 |  | wholesale funding >15%, loans exceed deposits, uninsured deposits leaving |
| 2024-09 | 1 | loans exceed deposits |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 0 |  | loans exceed deposits |
| 2025-06 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 | reserve under noncurrent | wholesale funding >15% |
| 2026-03 | 1 |  | reserve under noncurrent |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-08-10 [Heartland Bank to acquire, merge with Tri-County Financial Group in $200M transaction - Shaw Local](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPdFpJUEhRdDVVLXAwSU9vcGlKdW9FVU82aUUzaEFVQXBIRzE0blV2ZncyZXY3TTZ6U0tGRmRFZGZySkNuQnNDZHJmQUcyamJNMWRmakRxaDJfZ05PbjZnZU0yQUpYZ0xOLWg1c09WY1FCbnhBT1F6V0I2Qnl4eFluWUVFNE5Ma0ljeXJPRDVjUlJMLWlLSG9vY3VtSjdwSnRfVkhPRXlTZXZZeGVYTjRhWWlyZDlYYjNlcnJqUUYtQUt5MGlINmUyNnFMaFlINUZ6UHFV?oc=5) · Shaw Local
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2026-06-19 [What's closed on Juneteenth in Iowa? Check banks, post office, stores. - The Des Moines Register](https://news.google.com/rss/articles/CBMi1gFBVV95cUxNT2RVVS1mSnF3dHBzdXZlWmR5MmdndEVzaUdPRzBfR2Mwd0JtRXN3VGFOdWRkQmFFMXpXbGVfN3kzdnNKMFBnUmN3MHV2Q25lNVl4dV9HUnAzTEZLMzI2Umh2aFNRVF9la1N2NEVLNzJ5cEw0SDZPdE5yTlpYZ3dIMXVOc0l5OVZMUVZ4TE9LeUxSS2ptTThYTHBnM2FxWGo2Q2JBNTBMZVkxc1NDYVNHbUpkbmxhRy1NSlVFSlJXVVh0WkhLLWJrOUp3S1dsTWJpOVFiLVFB?oc=5) · The Des Moines Register
- 2026-02-04 [Forbes 2026 America's Best Banks List | Top Ranked and Rated - Forbes](https://news.google.com/rss/articles/CBMiXkFVX3lxTFBrbWc0QzhhUnVtRVhDWVM4bl9kLTh0NC03SDNEQjRLNkRVdmphMWItazhVejNfLTBNLTBDaDZDMXJJdWpfbzJCNVo4MnVOSGk0YVRTN3ZXbnVqdVRvcGc?oc=5) · Forbes
- 2025-10-20 [Heartland Bank and CNB to merge in deal worth more than $170 million - Jacksonville Journal-Courier](https://news.google.com/rss/articles/CBMifkFVX3lxTE5ibWQtczdQN0txXzR3ZlZEN2ZJR0ctTC1DZ0c3eUFQNzRlYTVNTFJkaFQza0hpbll0RkRudk5qdk1CNjBVWlJmNGpKV01TbDRWbV9fT24zREUtNzVSMWxlRE1rZ05hMmNvNWc1VkExa3dPX25tTENMUmVxZHUzZw?oc=5) · Jacksonville Journal-Courier
- 2025-10-22 [HBT Financial to acquire CNB Bank Shares for $170.2M, expanding footprint in St. Louis and Chicago - The Business Journals](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQVFlvb1dCN0N4Nk5aeHNITVlkM25zMHdMdjB5RFF3VEdxbDdyTkJ0NG9qNUZvNGVCa1JkLS1lVk5ybVFhTUZRel9lMFFHbHloZXdhb25yU2kxeEtSdVFsSWJiN3JqbXNUdFRZU1FhNXRqRkpYRF85ZllUV0tMVm1fUTVUV2N2VmtIMUtoRHRnWmJDLXpiMmJidXNNb0R4R3JlRG4tbTRvV1YtUQ?oc=5) · The Business Journals
- 2025-07-03 [Heartland Bank announces appointment of new president - Carroll Times Herald](https://news.google.com/rss/articles/CBMi3wFBVV95cUxPRUcyQ19tcG1MRVJYRU04b2MwNzRMbkctdUtycjdObVREQ1JOeUllRjh4OXBCS3VoVWpqQ1QzOWloa2Q1bV9yY0E0UDB2SnAtTDdUWmpSQXBhb2RnSmFNTndpOUxPYzRNT2U0VkRaaEpQcjVlZ2NvdVVfZXFpNHFvUHdxc2txX2FabHpaRXNpMTVRR0xFSHozR3pCMlJ5YmJ0NGRxT0dXc296d1Zxa0EzZWFNcDNhVU9rbTk0dF9hcXpVV2hMMEd6SE9RRGZXNWhiZFFnWUJaZ3BYaWRKWmQw?oc=5) · Carroll Times Herald
- 2025-10-26 [HBT & CNB Announce Bank Merger - Taylorville Daily News](https://news.google.com/rss/articles/CBMidEFVX3lxTE5ISXR5Mjl0N0VHTjlpWmJyM2daTnlCYmtzZkN0U2RLZklmTGRWZlVTeEVFWlFJaGdQNjhLdmNLZ09TUnh2Wi1MQWQxUDlTRlYwTEZEV2pkcVVBV2pubTN2VFFzWUZkWGhCdUwySWNpMjF0ekxV?oc=5) · Taylorville Daily News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=14809 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/25.json (key "14809", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide