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309-662-4444
401 North Hershey Road
Bloomington, IL 61702

Heartland Bank and Trust Company is headquartered in Bloomington and is the 11st largest bank in the state of Illinois. It is also the 286th largest bank in the nation. It was established in 1971 and as of December of 2013, it had grown to 703 employees at 60 locations. Heartland Bank and Trust Company has a B health rating.

Reviews (1)

Very Good Bank!

i bank with heartland and they are great. now that i see their balance sheet i am very impressed. has good online services and alot of branches around illinois



Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Heartland Bank and Trust Company had $47.66 million in non-current loans and owned real-estate with $303.61 million in equity and loan loss allowances on hand to cover it. This gives Heartland Bank and Trust Company a Texas Ratio of 15.70% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Heartland Bank and Trust Company decreased dramatically from 26.28% as of December 31, 2012 to 15.70% as of December 31, 2013, resulting in a positive change of 40.27%.This indicates that the balance sheet and financial strength for Heartland Bank and Trust Company has improved dramatically in recent periods.

Deposit Growth

GRADE:
F

In the past year, Heartland Bank and Trust Company has decreased its total deposits by -$375.54 million, resulting in -14.62% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Heartland Bank and Trust Company has shown is poor.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Heartland Bank and Trust Company has $2.56 billion in assets with $303.61 million in equity, resulting in a capitalization level of 11.85%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #20369
Year Established1971
Employees703
Primary RegulatorFDIC
Assets and Liabilities
Assets$2.56 billion
Loans$1.58 billion
Deposits$2.19 billion
Equity Capital$284.49 million
Loan Loss Allowance$19.12 million
Unbacked Noncurrent Loans$32.02 million
Real Estate Owned$15.65 million
Historic Data - December 2012
Assets$2.93 billion
Equity Capital$284.12 million
Loan Loss Allowance$22.22 million
Unbacked Noncurrent Loans$32.02 million
Real Estate Owned$15.83 million
Profit Margin - Quarterly
Net Interest Margin4.14%
Return on Assets1.56%
Return on Equity15.37%
Interest Income$113.12 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Heartland Bank and Trust Company, we are a rate comparison website and can not provide official rates or promotions.

Heartland Bank and Trust Company Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$25k-HSA Checking
0.07%--Super Saver Club
0.06%$50-Savings Account

Heartland Bank and Trust Company Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$100k-Mega Money Market
0.14%$50k-Super Money Market

Heartland Bank and Trust Company Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$25k-Capital Interest Checking
0.05%$50-50+ Free Interest Checking
0.05%$50-VIP Free Interest Checking
0.04%$50-Business Checking w/ Interest

Heartland Bank and Trust Company CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$5k-60 Month CD
0.75%$5k-48 Month CD
0.55%$1,500-36 Month CD
0.51%$5k-14 Month New Money Special
0.40%$1,500-24 Month CD
0.30%$1,500-18 Month CD
0.25%$1,500-12 Month CD
0.15%$2,500-6 Month CD
0.05%$2,500-3 Month CD

Heartland Bank and Trust Company IRA Rates

DetailsAPYMINMAXPRODUCT
0.20%$100-18 Month Variable IRA
Locations

Heartland Bank and Trust Company has 69 locations. Click to view all Heartland Bank and Trust Company locations.