Heartland Financial USA Inc
NASDAQ:HTLF
Income Statement
Income Statement
Heartland Financial USA Inc
| Dec-2000 | Mar-2001 | Jun-2001 | Sep-2001 | Dec-2001 | Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Interest Income |
44
|
45
|
46
|
48
|
49
|
52
|
54
|
56
|
58
|
60
|
61
|
61
|
61
|
62
|
64
|
70
|
78
|
82
|
89
|
92
|
93
|
97
|
99
|
103
|
105
|
107
|
108
|
109
|
109
|
110
|
111
|
114
|
116
|
119
|
123
|
127
|
133
|
136
|
140
|
142
|
143
|
144
|
145
|
144
|
145
|
148
|
148
|
149
|
150
|
151
|
152
|
156
|
164
|
174
|
186
|
197
|
203
|
208
|
215
|
223
|
234
|
253
|
268
|
282
|
295
|
295
|
297
|
313
|
330
|
349
|
376
|
397
|
414
|
425
|
431
|
431
|
434
|
443
|
461
|
472
|
492
|
519
|
536
|
556
|
561
|
556
|
557
|
570
|
598
|
616
|
620
|
610
|
601
|
603
|
615
|
627
|
|
| Interest Income |
103
|
108
|
111
|
111
|
108
|
107
|
103
|
101
|
100
|
101
|
101
|
100
|
100
|
101
|
104
|
112
|
121
|
130
|
140
|
147
|
152
|
161
|
170
|
180
|
190
|
200
|
208
|
213
|
215
|
214
|
210
|
206
|
203
|
201
|
201
|
202
|
203
|
203
|
203
|
201
|
199
|
197
|
196
|
193
|
192
|
192
|
190
|
189
|
189
|
189
|
190
|
191
|
200
|
209
|
221
|
232
|
237
|
243
|
249
|
256
|
266
|
284
|
300
|
314
|
327
|
326
|
327
|
345
|
364
|
384
|
416
|
442
|
466
|
485
|
499
|
507
|
514
|
525
|
531
|
529
|
537
|
553
|
567
|
586
|
589
|
583
|
587
|
614
|
675
|
750
|
833
|
903
|
954
|
989
|
1 009
|
1 017
|
|
| Interest Expense |
59
|
63
|
65
|
64
|
59
|
55
|
49
|
45
|
42
|
41
|
40
|
39
|
38
|
38
|
39
|
42
|
43
|
48
|
51
|
55
|
59
|
64
|
71
|
78
|
85
|
93
|
100
|
104
|
106
|
104
|
99
|
92
|
87
|
82
|
79
|
75
|
71
|
67
|
63
|
60
|
56
|
53
|
51
|
49
|
46
|
44
|
42
|
40
|
39
|
38
|
37
|
36
|
36
|
35
|
35
|
35
|
34
|
35
|
34
|
33
|
32
|
31
|
31
|
32
|
32
|
31
|
31
|
32
|
33
|
35
|
40
|
45
|
52
|
60
|
68
|
76
|
81
|
81
|
71
|
57
|
45
|
34
|
32
|
30
|
28
|
27
|
30
|
44
|
76
|
135
|
213
|
292
|
353
|
385
|
394
|
390
|
|
| Non Interest Income |
27
|
28
|
29
|
29
|
29
|
31
|
30
|
30
|
31
|
31
|
33
|
37
|
37
|
38
|
39
|
37
|
23
|
38
|
31
|
29
|
26
|
23
|
28
|
28
|
30
|
30
|
31
|
31
|
32
|
33
|
33
|
33
|
30
|
35
|
41
|
45
|
53
|
51
|
47
|
47
|
52
|
54
|
58
|
59
|
60
|
70
|
84
|
101
|
109
|
111
|
106
|
97
|
90
|
82
|
80
|
80
|
82
|
95
|
105
|
109
|
111
|
110
|
110
|
114
|
114
|
110
|
105
|
101
|
102
|
101
|
103
|
108
|
109
|
111
|
116
|
115
|
116
|
115
|
114
|
116
|
120
|
125
|
127
|
129
|
129
|
133
|
135
|
131
|
128
|
124
|
122
|
121
|
(21)
|
(23)
|
(38)
|
(47)
|
|
| Revenue |
71
N/A
|
73
+3%
|
75
+3%
|
77
+2%
|
78
+1%
|
83
+7%
|
84
+1%
|
86
+2%
|
88
+3%
|
91
+4%
|
94
+3%
|
98
+4%
|
98
-1%
|
100
+2%
|
103
+3%
|
107
+3%
|
101
-5%
|
120
+19%
|
119
-1%
|
121
+1%
|
118
-2%
|
120
+1%
|
127
+6%
|
131
+3%
|
135
+3%
|
137
+1%
|
139
+2%
|
140
+1%
|
141
+1%
|
143
+1%
|
144
+1%
|
147
+2%
|
146
-1%
|
154
+5%
|
164
+7%
|
172
+5%
|
186
+8%
|
187
+1%
|
187
0%
|
189
+2%
|
195
+3%
|
198
+1%
|
203
+2%
|
203
+0%
|
205
+1%
|
218
+6%
|
232
+7%
|
250
+7%
|
259
+4%
|
262
+1%
|
259
-1%
|
252
-2%
|
253
+0%
|
256
+1%
|
266
+4%
|
277
+4%
|
285
+3%
|
303
+6%
|
320
+6%
|
332
+4%
|
345
+4%
|
362
+5%
|
378
+4%
|
396
+5%
|
408
+3%
|
405
-1%
|
401
-1%
|
414
+3%
|
432
+5%
|
450
+4%
|
479
+6%
|
504
+5%
|
523
+4%
|
537
+3%
|
546
+2%
|
547
+0%
|
550
+1%
|
559
+2%
|
574
+3%
|
587
+2%
|
612
+4%
|
644
+5%
|
663
+3%
|
685
+3%
|
690
+1%
|
689
0%
|
691
+0%
|
701
+1%
|
727
+4%
|
740
+2%
|
742
+0%
|
731
-1%
|
580
-21%
|
580
0%
|
577
0%
|
580
+0%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loan Loss Provision |
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(4)
|
(5)
|
(7)
|
(7)
|
(10)
|
(10)
|
(11)
|
(18)
|
(29)
|
(34)
|
(39)
|
(44)
|
(39)
|
(42)
|
(42)
|
(35)
|
(33)
|
(34)
|
(28)
|
(30)
|
(29)
|
(22)
|
(21)
|
(13)
|
(8)
|
(7)
|
(5)
|
(11)
|
(10)
|
(15)
|
(16)
|
(14)
|
(15)
|
(10)
|
(13)
|
(14)
|
(13)
|
(13)
|
(10)
|
(12)
|
(12)
|
(13)
|
(12)
|
(12)
|
(16)
|
(16)
|
(20)
|
(20)
|
(24)
|
(21)
|
(21)
|
(21)
|
(17)
|
(37)
|
(58)
|
(55)
|
(67)
|
(45)
|
(11)
|
(5)
|
18
|
14
|
3
|
(7)
|
(15)
|
(15)
|
(17)
|
(13)
|
(22)
|
(20)
|
(23)
|
(28)
|
|
| Non Interest Expense |
(54)
|
(55)
|
(56)
|
(57)
|
(57)
|
(59)
|
(59)
|
(60)
|
(61)
|
(62)
|
(64)
|
(67)
|
(68)
|
(70)
|
(72)
|
(78)
|
(69)
|
(87)
|
(84)
|
(82)
|
(80)
|
(83)
|
(89)
|
(92)
|
(95)
|
(94)
|
(96)
|
(97)
|
(98)
|
(99)
|
(100)
|
(102)
|
(102)
|
(105)
|
(110)
|
(113)
|
(133)
|
(133)
|
(132)
|
(135)
|
(129)
|
(133)
|
(136)
|
(134)
|
(137)
|
(145)
|
(154)
|
(169)
|
(183)
|
(190)
|
(195)
|
(195)
|
(197)
|
(203)
|
(209)
|
(217)
|
(216)
|
(224)
|
(233)
|
(240)
|
(251)
|
(262)
|
(269)
|
(276)
|
(280)
|
(281)
|
(279)
|
(290)
|
(298)
|
(310)
|
(329)
|
(343)
|
(354)
|
(358)
|
(345)
|
(345)
|
(349)
|
(352)
|
(367)
|
(365)
|
(371)
|
(383)
|
(396)
|
(416)
|
(432)
|
(440)
|
(443)
|
(442)
|
(443)
|
(444)
|
(447)
|
(449)
|
(462)
|
(464)
|
(471)
|
(446)
|
|
| Pre-Tax Income |
14
N/A
|
15
+7%
|
16
+7%
|
16
+2%
|
17
+4%
|
19
+14%
|
21
+7%
|
23
+13%
|
24
+4%
|
25
+5%
|
26
+2%
|
27
+4%
|
26
-4%
|
26
+1%
|
27
+2%
|
25
-9%
|
28
+13%
|
29
+4%
|
30
+3%
|
33
+12%
|
31
-6%
|
30
-3%
|
31
+4%
|
32
+3%
|
36
+11%
|
38
+6%
|
36
-6%
|
36
N/A
|
33
-7%
|
34
+1%
|
34
-1%
|
28
-18%
|
14
-48%
|
15
+1%
|
15
+2%
|
15
+3%
|
14
-11%
|
12
-10%
|
13
+5%
|
20
+53%
|
34
+71%
|
32
-6%
|
40
+25%
|
38
-3%
|
38
0%
|
52
+36%
|
58
+11%
|
68
+17%
|
67
-1%
|
66
-2%
|
58
-12%
|
47
-20%
|
47
+2%
|
38
-19%
|
40
+4%
|
46
+17%
|
55
+19%
|
70
+27%
|
74
+6%
|
79
+6%
|
81
+3%
|
88
+8%
|
99
+14%
|
108
+9%
|
117
+8%
|
111
-5%
|
110
-1%
|
111
+2%
|
119
+7%
|
124
+4%
|
129
+4%
|
142
+10%
|
145
+3%
|
157
+8%
|
180
+15%
|
180
0%
|
184
+2%
|
170
-7%
|
149
-13%
|
168
+13%
|
174
+4%
|
216
+24%
|
257
+19%
|
264
+3%
|
275
+4%
|
262
-5%
|
252
-4%
|
253
+1%
|
268
+6%
|
281
+5%
|
278
-1%
|
269
-3%
|
97
-64%
|
96
-1%
|
83
-14%
|
106
+28%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(10)
|
(10)
|
(12)
|
(12)
|
(12)
|
(11)
|
(9)
|
(9)
|
(9)
|
(7)
|
(3)
|
(4)
|
(4)
|
(4)
|
(7)
|
(7)
|
(7)
|
(10)
|
(10)
|
(9)
|
(12)
|
(10)
|
(10)
|
(15)
|
(18)
|
(21)
|
(17)
|
(16)
|
(13)
|
(8)
|
(10)
|
(7)
|
(7)
|
(9)
|
(13)
|
(19)
|
(19)
|
(21)
|
(21)
|
(23)
|
(29)
|
(33)
|
(37)
|
(32)
|
(30)
|
(31)
|
(33)
|
(33)
|
(32)
|
(33)
|
(28)
|
(32)
|
(38)
|
(37)
|
(35)
|
(33)
|
(26)
|
(32)
|
(36)
|
(45)
|
(55)
|
(54)
|
(55)
|
(52)
|
(51)
|
(52)
|
(56)
|
(59)
|
(59)
|
(58)
|
(17)
|
(17)
|
(14)
|
(21)
|
|
| Income from Continuing Operations |
10
|
10
|
11
|
11
|
11
|
13
|
14
|
16
|
17
|
17
|
18
|
18
|
18
|
18
|
19
|
17
|
20
|
21
|
21
|
23
|
22
|
21
|
22
|
23
|
24
|
26
|
24
|
25
|
24
|
25
|
25
|
21
|
11
|
11
|
11
|
12
|
6
|
6
|
6
|
9
|
24
|
23
|
28
|
28
|
28
|
37
|
40
|
47
|
50
|
50
|
45
|
39
|
37
|
31
|
32
|
38
|
42
|
51
|
55
|
58
|
60
|
64
|
70
|
76
|
80
|
78
|
79
|
81
|
86
|
91
|
97
|
109
|
117
|
125
|
143
|
143
|
149
|
138
|
123
|
136
|
138
|
171
|
202
|
210
|
220
|
210
|
201
|
201
|
212
|
222
|
220
|
211
|
80
|
79
|
69
|
85
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
10
N/A
|
10
+5%
|
11
+6%
|
11
+1%
|
11
+6%
|
13
+13%
|
14
+9%
|
16
+15%
|
19
+17%
|
19
+3%
|
20
+1%
|
20
+3%
|
18
-12%
|
18
+3%
|
19
+2%
|
17
-7%
|
20
+17%
|
21
+1%
|
21
+4%
|
24
+11%
|
23
-4%
|
22
-3%
|
23
+4%
|
23
+3%
|
25
+7%
|
26
+5%
|
26
N/A
|
26
N/A
|
26
-3%
|
26
+2%
|
25
-6%
|
21
-16%
|
11
-47%
|
10
-14%
|
8
-14%
|
8
-10%
|
1
-84%
|
0
-67%
|
1
+100%
|
4
+425%
|
19
+343%
|
18
-6%
|
23
+29%
|
20
-10%
|
20
N/A
|
29
+44%
|
33
+14%
|
43
+28%
|
46
+9%
|
47
+0%
|
43
-8%
|
37
-14%
|
36
-4%
|
30
-15%
|
32
+4%
|
37
+17%
|
41
+12%
|
50
+22%
|
54
+9%
|
57
+5%
|
59
+4%
|
64
+7%
|
70
+9%
|
75
+8%
|
80
+6%
|
78
-2%
|
79
+1%
|
81
+2%
|
75
-7%
|
81
+7%
|
87
+7%
|
99
+14%
|
117
+19%
|
125
+7%
|
143
+14%
|
143
+1%
|
149
+4%
|
138
-8%
|
123
-11%
|
134
+9%
|
134
N/A
|
164
+23%
|
194
+18%
|
202
+4%
|
212
+5%
|
202
-5%
|
193
-5%
|
193
+0%
|
204
+6%
|
214
+5%
|
211
-1%
|
203
-4%
|
72
-65%
|
71
-1%
|
61
-14%
|
77
+26%
|
|
| EPS (Diluted) |
0.65
N/A
|
0.69
+6%
|
0.73
+6%
|
0.73
N/A
|
0.78
+7%
|
0.87
+12%
|
0.94
+8%
|
1.09
+16%
|
1.27
+17%
|
1.29
+2%
|
1.29
N/A
|
1.29
N/A
|
1.16
-10%
|
1.19
+3%
|
1.2
+1%
|
1.04
-13%
|
1.26
+21%
|
1.22
-3%
|
1.27
+4%
|
1.4
+10%
|
1.35
-4%
|
1.32
-2%
|
1.35
+2%
|
1.39
+3%
|
1.5
+8%
|
1.57
+5%
|
1.59
+1%
|
1.6
+1%
|
1.54
-4%
|
1.58
+3%
|
1.5
-5%
|
1.26
-16%
|
0.68
-46%
|
0.58
-15%
|
0.5
-14%
|
0.45
-10%
|
0.07
-84%
|
0.02
-71%
|
0.04
+100%
|
0.25
+525%
|
1.13
+352%
|
1.06
-6%
|
1.37
+29%
|
1.23
-10%
|
1.23
N/A
|
1.76
+43%
|
1.99
+13%
|
2.54
+28%
|
2.77
+9%
|
2.49
-10%
|
2.5
+0%
|
2.15
-14%
|
2.04
-5%
|
1.62
-21%
|
1.68
+4%
|
1.97
+17%
|
2.19
+11%
|
2.43
+11%
|
2.6
+7%
|
2.72
+5%
|
2.83
+4%
|
2.63
-7%
|
2.78
+6%
|
3.02
+9%
|
3.22
+7%
|
2.93
-9%
|
2.93
N/A
|
2.69
-8%
|
2.64
-2%
|
2.63
0%
|
2.63
N/A
|
2.84
+8%
|
3.52
+24%
|
3.6
+2%
|
3.96
+10%
|
3.89
-2%
|
4.14
+6%
|
3.73
-10%
|
3.32
-11%
|
3.61
+9%
|
3.57
-1%
|
3.88
+9%
|
4.56
+18%
|
4.76
+4%
|
5
+5%
|
4.77
-5%
|
4.53
-5%
|
4.54
+0%
|
4.79
+6%
|
5.01
+5%
|
4.95
-1%
|
4.75
-4%
|
1.68
-65%
|
1.66
-1%
|
1.42
-14%
|
1.78
+25%
|
|