Heartland Bank in Gahanna, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Heartland Bank in Gahanna, Ohio (OH)
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Heartland Bank - Overview

  • General
  • FDIC Certificate #: 9443
    Status: Active
    Federal Reserve ID: 853112
    Bank Holding Company (Regulatory Top Holder): Heartland Banccorp (RSSDID: 1399073, Location: Gahanna, OH)
    Date Established: January 01, 1911
    WWW: http://www.heartlandbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 13 (Domestic: 13, Interstate: No)
    OTS Docket #: 14785
    FDIC's unique #: 6066
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 850 North Hamilton Road, Gahanna, OH 43230
    County: Franklin
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $570.7 mil
    Equity capital: $50.1 mil
    Deposits held in domestic offices: $493.0 mil
    Return on assets (ROA): 0.96% ($5.5 mil)
    Quarterly return on assets: 0.92% ($5.3 mil)
    Return on Equity (ROE): 11.02% ($5.5 mil)
    Quarterly return on equity: 10.31% ($5.2 mil)
    Net income: $5.3 mil
    Quarterly Net income: $1.3 mil
    Pretax return on assets: 1.32% ($7,532.6 mil)
    Quarterly Pretax return on assets: 1.25% ($7,133.2 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 137Total employees (full-time equivalent)
  • $570,653Total assets
  • $25,293Cash and due from depository institutions
  • $17,360Interest-bearing balances
  • $137,897Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $388,757Net loans & leases
  • $4,016Loan loss allowance
  • $0Trading account assets
  • $9,909Bank premises and fixed assets
  • $2,030Other real estate owned
  • $0Goodwill and other intangibles
  • $570,653Life insurance assets
  • $6,767All other assets
  • $520,592Total liabilities and capital
  • $493,030Total liabilities
  • $431,979Total deposits
  • $493,030Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 19725.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $2,837Subordinated debt
  • $50,061All other liabilities
  • $50,061Total equity capital
  • $50,061Total bank equity capital
  • $0Perpetual preferred stock
  • $467Common stock
  • $3,967Surplus
  • $45,627Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11,083Income earned, not collected on loans
  • $1,547Earning assets
  • $1,867Long-term assets (5+ years)
  • $544,014Average Assets, year-to-date
  • $220,675Average Assets, quarterly
  • $555,167Volatile liabilities
  • $565,446Insider loans
  • $376,038FHLB advances
  • $564,554Loans and leases held for sale
  • $1,486Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $46,747Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,486Total unused commitments
  • $49,874Restructured Loans and leases
  • $19,478Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $26,709Total interest income
  • $5,369Total interest expense
  • $21,340Net interest income
  • $2,589Provision for loan and lease losses
  • $3,208Total noninterest income
  • $0Fiduciary activities
  • $1,482Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,726Additional noninterest income
  • $14,644Total noninterest expense
  • $8,294Salaries and employee benefits
  • $1,596Premises and equipment expense
  • $4,754Additional noninterest expense
  • $7,315Pre-tax net operating income
  • $10Securities gains (losses)
  • $1,986Applicable income taxes
  • $5,339Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,339Net income attributable to bank
  • $0Net charge-offs
  • $5,339Cash dividends
  • $2,445Sale, conversion, retirement of capital stock, net
  • $3,480Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.04%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 4.03%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 2.76%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 11.02%Return on equity (ROE)
  • 3.84%Retained earnings to average equity (YTD only)
  • 0.62%Net charge-offs to loans
  • 105.89%Credit loss provision to net charge-offs
  • 4.05%Efficiency ratio
  • 59,655Assets per employee
  • 4.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.18%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 36.24%Noncurrent assets plus other real estate owned to assets
  • 2.30%Noncurrent loans to loans
  • 2.82%Net loans and leases to deposits
  • 78.85%Net loans and leases to core deposits
  • 83.76%Equity capital to assets
  • 8.77%Core capital (leverage) ratio
  • 8.28%Tier 1 risk-based capital ratio
  • 12.43%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $555,167Average earning assets
  • $48,461Average equity
  • $529,819Average loans

List of branches

  • 13 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06066Heartland Bank850 North Hamilton Road, Gahanna, OH 43230January 01, 1911Full Service Brick and Mortar
    1220149Johnstown Branch730 West Coshocton St, Johnstown, OH 43031December 27, 1980Full Service Brick and Mortar
    2220150Grove City Branch2365 Old Stringtown Rd, Grove City, OH 43123September 26, 1989Full Service Brick and Mortar
    332827North East Columbus Branch2473 East Dublin Granville Road, Columbus, OH 43229August 12, 1985Limited Service Loan Production
    4220151Columbus Branch130 North Wilson Road, Columbus, OH 43204Febuary 20, 1992Full Service Brick and Mortar
    5220152Dublin Branch6500 Frantz Road, Dublin, OH 43017April 28, 1993Full Service Brick and Mortar
    6258699Newark Branch6 North Park Place, Newark, OH 43055May 01, 1983Full Service Brick and Mortar
    7220153Croton Branch12 North Main Street, Croton, OH 43013May 07, 1997Full Service Brick and Mortar
    8220154Reynoldsburg Branch6887 East Main Stret, Reynoldsburg, OH 43068April 08, 1998Full Service Brick and Mortar
    9362752Westerville Branch450 South State Street, Westerville, OH 43081December 12, 2001Full Service Brick and Mortar
    10445565Heartland Bank BranchFriendship Village Of Dublin, 6000 Riverside Drive, Dublin, OH 43017September 19, 2005Limited Service Mobile
    11446222Capitol Square65 East State Street, Columbus, OH 43215December 14, 2005Full Service Brick and Mortar
    12446223Stygler Branch67 North Stygler Road, Gahanna, OH 43230November 16, 2005Full Service Brick and Mortar

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