Heartland Bank and Trust Company
Heartland Bank and Trust Company reported total assets of $6.7 bn at Q2 2026, up 34.0% on a year earlier, the 227th largest of 497 banks in our US coverage. The CET1 capital ratio at Heartland Bank and Trust Company was 14.75%, and the uninsured share of Heartland Bank and Trust Company was 23.85%. Source: FDIC Call Reports.
Key takeaways
- On efficiency ratio, Heartland Bank and Trust Company slipped from 123rd to 300th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Since , Heartland Bank and Trust Company has taken over 5 institutions; the latest was CNB Bank and Trust, N.A. on (FDIC Call Reports).
What sets Heartland Bank and Trust Company apart
How large is Heartland Bank and Trust Company?
The balance sheet of Heartland Bank and Trust Company at : assets $6.7 bn, deposits $5.8 bn, net loans $4.7 bn (loans equal to 81.25% of deposits). Securities make up 22.8% of total assets at Heartland Bank and Trust Company. Since , when Heartland Bank and Trust Company held $2.4 bn, its assets grew 174.5%. In the year to , deposits at Heartland Bank and Trust Company rose 33.1% while its total assets rose 34.0%. At , Heartland Bank and Trust Company employed 1,028 full-time equivalent staff across 87 offices, about $6.5 mn of assets per employee and $66.4 mn of deposits per office.
How much funding at Heartland Bank and Trust Company is uninsured?
At Heartland Bank and Trust Company, uninsured deposits (above the FDIC limit) made up 23.85% of domestic deposits at (+1.89 pp on a year earlier); Heartland Bank and Trust Company ranks 383rd of 500 on this measure. In dollars, Heartland Bank and Trust Company estimated $1.4 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $5.8 bn | +33.1% | 214th of 499 |
| Net loans and leases | $4.7 bn | +41.9% | 225th of 500 |
| Loan-to-deposit ratio | 81.25% | +5.05 pp | 326th of 500 |
| Tier 1 leverage ratio | 11.94% | -0.03 pp | 100th of 500 |
| Total risk-based capital ratio | 15.80% | -1.04 pp | 127th of 448 |
| Net interest margin | 4.41% | +0.17 pp | 76th of 500 |
| Return on assets (ROA) | 1.43% | -0.21 pp | 178th of 500 |
| Efficiency ratio | 58.17% | +7.65 pp | 300th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $34.6 mn | Narrowed by $5.3 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $37.5 mn | Narrowed by $3.8 mn | |
| Noncurrent loans to total loans | 0.19% | +0.02 pp | 62nd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.03% | -0.06 pp | 159th of 500 (1 = lowest) |
US rank of Heartland Bank and Trust Company: 1 = highest unless marked 1 = lowest.
Balance sheet
Heartland Bank and Trust Company: assets, deposits and loans
- Total assets $6.7bn
- Deposits $5.8bn
- Net loans $4.7bn
Capital and securities
The CET1 ratio of Heartland Bank and Trust Company stood at 14.75% in , -0.99 pp year on year. Low and high at Heartland Bank and Trust Company since : 12.24% () to 16.16% (). Equity capital of Heartland Bank and Trust Company at : $877.5 mn, or 13.1% of total assets. Heartland Bank and Trust Company also reported a total capital ratio of 15.80% for , and a tier 1 leverage ratio of 11.94%.
On held-to-maturity securities, Heartland Bank and Trust Company carried an unrealized loss of $34.6 mn at , equal to 3.9% of equity capital. The loss narrowed by $5.3 mn over the year. Its deepest point: $76.8 mn in . The available-for-sale portfolio of Heartland Bank and Trust Company showed an unrealized loss of $37.5 mn at ; the loss narrowed by $3.8 mn over the year.
Heartland Bank and Trust Company: capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 12%
Heartland Bank and Trust Company: unrealized securities gains and losses
- Available for sale -$38mn
- Held to maturity -$35mn
Profitability and loan quality
For the year to , Heartland Bank and Trust Company earned a return on equity of 11.16%; return on assets: 1.43%. Net interest margin at Heartland Bank and Trust Company: 4.41%, +0.17 pp in a year. Heartland Bank and Trust Company net income: $44.4 mn, up 6.7% year on year. The efficiency ratio of Heartland Bank and Trust Company was 58.17%: about 58 cents cost per revenue dollar, against 59 cents at the median peer.
At , noncurrent loans were 0.19% of total loans at Heartland Bank and Trust Company; net charge-offs: 0.03% of average loans. Gross loans and leases at Heartland Bank and Trust Company: $4.8 bn, up 42.0% in a year.
Heartland Bank and Trust Company: profitability
- Return on equity 11%
- Net interest margin 4.4%
- Return on assets 1.4%
Peer group of Heartland Bank and Trust Company
The peer group of Heartland Bank and Trust Company is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Heartland Bank and Trust Company (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 1 has its head office in Illinois. Against them, Heartland Bank and Trust Company shows CET1 ratio 14.75% against a peer median of 13.62%, return on equity 11.16% against a peer median of 12.76% and uninsured deposit share 23.85% against a peer median of 27.04%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Intrust Bank | National bank | KS | $6.8 bn | 13.66% | 19.88% | 24.48% | |
| City National Bank of West Virginia | National bank | WV | $6.8 bn | 15.01% | 19.17% | 16.74% | |
| Third Coast Bank | State member bank | TX | $6.7 bn | 12.10% | 11.42% | 30.98% | |
| Heartland Bank and Trust Company | State nonmember bank | IL | $6.7 bn | 14.75% | 11.16% | 23.85% | |
| Alpine Bank | State nonmember bank | CO | $6.7 bn | 15.21% | 12.34% | 38.46% | |
| Midland States Bank | State member bank | IL | $6.7 bn | 13.59% | 13.18% | 22.73% | |
| First Bank | State member bank | MO | $6.7 bn | 13.06% | 8.03% | 29.61% | |
. FDIC Call Reports.
Last eight quarters
Two years at Heartland Bank and Trust Company, to : assets +34.7%, deposits +34.4%, equity +43.2%. Staff 835 to 1,028; offices 70 to 87.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $5.0 bn | $5.0 bn | $5.1 bn | $5.0 bn | $5.0 bn | $5.1 bn | $6.8 bn | $6.7 bn |
| Total deposits | $4.3 bn | $4.3 bn | $4.4 bn | $4.3 bn | $4.4 bn | $4.4 bn | $5.8 bn | $5.8 bn |
| Bank equity capital | $612.7 mn | $618.9 mn | $640.3 mn | $636.8 mn | $639.3 mn | $654.3 mn | $854.2 mn | $877.5 mn |
| CET1 ratio | 15.10% | 15.10% | 15.38% | 15.74% | 15.40% | 15.42% | 14.44% | 14.75% |
| Return on equity (ROE) | 12.95% | 13.32% | 13.05% | 13.16% | 13.35% | 13.22% | 8.47% | 11.16% |
| Uninsured share of domestic deposits | 22.51% | 21.90% | 20.33% | 21.96% | 22.13% | 21.25% | 23.03% | 23.85% |
| Full-time equivalent employees | 835 | 844 | 826 | 820 | 825 | 826 | 1,062 | 1,028 |
| Number of offices | 70 | 70 | 70 | 70 | 70 | 70 | 87 | 87 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Heartland Bank and Trust Company, oldest first; figures before and after each event are not like for like.
- . Absorbed American Midwest Bank (FDIC certificate 21272).
- . Absorbed State Bank of Lincoln (FDIC certificate 12396).
- . Absorbed NXT Bank (FDIC certificate 16438).
- . Absorbed Town And Country Bank (FDIC certificate 18487).
- . Absorbed CNB Bank and Trust, N.A. (FDIC certificate 3775).
Large one-quarter moves at Heartland Bank and Trust Company
- Total assets at Heartland Bank and Trust Company changed by +33.6% in the quarter to 2026-03-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from CNB Bank and Trust, N.A..
Questions and identifiers
What were the total assets of Heartland Bank and Trust Company?
Heartland Bank and Trust Company reported $6.7 bn at in its Call Report. That makes Heartland Bank and Trust Company the 227th largest of 497 banks in our US coverage.
Is Heartland Bank and Trust Company the same as its holding company?
No. This page covers Heartland Bank and Trust Company, FDIC certificate 20369; HBT Financial, Inc., its holding company, reports separately to the Federal Reserve.
Is Heartland Bank and Trust Company profitable?
Heartland Bank and Trust Company reported net income of $44.4 mn for the year to ; annualized return on equity: 11.16%. So yes: Heartland Bank and Trust Company made a profit over these months.
When is data for Heartland Bank and Trust Company next updated?
Figures from Heartland Bank and Trust Company for are due after .
Where can I check the figures for Heartland Bank and Trust Company?
In the FDIC BankFind Suite record for certificate 20369, and in the Call Reports of Heartland Bank and Trust Company (RSSD ID 426534) at the FFIEC Central Data Repository.