Heartland Bank And Trust Company Mortgage Rates, Fees & Info

Bloomington, IL

LEI: EFBDHEMMHTWI378O4988

Tax ID: 37-0924892

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Heartland Bank And Trust Company is a smaller bank specializing in Refi, Cash Out Refi, and Home Purchase loans. Heartland Bank And Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Chicago, Bloomington, Champaign, Peoria, and Ottawa among others. We have data for 53 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Heartland Bank And Trust Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Heartland Bank And Trust Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.03% 4/18/24
    30 Year Conventional Refi 6.76% 4/18/24
    30 Year Cash-out Refi 7.11% 4/18/24
    30 Year FHA Purchase 7.63% 4/18/24
    30 Year USDA Purchase 7.12% 4/18/24
    15 Year Conventional Purchase 6.42% 4/18/24
    15 Year Conventional Refi 6.30% 4/18/24
    15 Year Cash-out Refi 6.30% 4/18/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Heartland Bank And Trust Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Heartland Bank And Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,779

    Origination Dollar Volume (All Markets)

    $356,195,000

    Employee count

    747 Show all (7) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 577 $151,155,000 $261,967 $1,390 3.22%
    BLOOMINGTON, IL (FHA|USDA|VA) 513 $85,555,000 $166,774 $1,156 3.08%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 187 $40,835,000 $218,369 $1,164 3.14%
    PEORIA, IL (FHA|USDA|VA) 257 $40,355,000 $157,023 $1,321 3.16%
    Ottawa, IL (FHA|USDA|VA) 124 $13,930,000 $112,339 $1,622 3.12%
    Outside of Metro Areas 43 $6,675,000 $155,233 $1,359 3.11%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,660,000 $415,000 $3,628 3.61%
    SPRINGFIELD, IL (FHA|USDA|VA) 8 $1,320,000 $165,000 $1,291 3.18%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 5 $1,315,000 $263,000 $3,747 3.31%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $780,000 $390,000 $1,474 3.25%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $730,000 $365,000 $2,377 3.04%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $720,000 $360,000 $1,203 3.55%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $680,000 $340,000 $1,736 2.59%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $515,000 $515,000 $4,686 2.75%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $515,000 $515,000 $1,742 3.10%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $500,000 $250,000 $3,510 3.66%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $495,000 $495,000 $1,962 2.90%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $485,000 $161,667 $1,516 3.11%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $455,000 $455,000 $3,309 2.85%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $455,000 $455,000 $2,530 2.83%
    Galesburg, IL (FHA|USDA|VA) 4 $410,000 $102,500 $1,472 3.20%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $390,000 $195,000 $1,323 3.30%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $390,000 $195,000 $2,807 3.36%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $375,000 $375,000 $2,374 2.75%
    Freeport, IL (FHA|USDA|VA) 1 $355,000 $355,000 $2,750 2.40%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $345,000 $345,000 $1,485 3.43%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $325,000 $325,000 $1,142 2.83%
    KANKAKEE, IL (FHA|USDA|VA) 3 $305,000 $101,667 $1,180 3.02%
    DECATUR, IL (FHA|USDA|VA) 3 $255,000 $85,000 $1,370 4.16%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $255,000 $255,000 $2,436 3.13%
    Effingham, IL (FHA|USDA|VA) 1 $225,000 $225,000 $1,081 2.75%
    MADISON, WI (FHA|USDA|VA) 1 $225,000 $225,000 $1,593 2.95%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $225,000 $225,000 $1,924 2.95%
    Macomb, IL (FHA|USDA|VA) 1 $215,000 $215,000 $2,276 3.48%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $205,000 $205,000 $2,260 3.85%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $205,000 $205,000 $2,198 4.08%
    Paducah, KY-IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,009 2.63%
    NAPA, CA (FHA|USDA|VA) 1 $195,000 $195,000 $1,033 2.70%
    NILES, MI (FHA|USDA|VA) 1 $195,000 $195,000 $1,877 2.38%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $185,000 $185,000 $2,445 3.15%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $165,000 $165,000 $2,326 2.80%
    MUSKEGON, MI (FHA|USDA|VA) 1 $165,000 $165,000 $2,043 3.95%
    Lincoln, IL (FHA|USDA|VA) 1 $145,000 $145,000 $981 3.30%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $145,000 $145,000 $1,864 3.08%
    Mountain Home, AR (FHA|USDA|VA) 1 $135,000 $135,000 $1,442 2.40%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $135,000 $135,000 $2,415 3.38%
    LOUISVILLE, KY (FHA|USDA|VA) 1 $125,000 $125,000 $1,115 2.70%
    Beaver Dam, WI (FHA|USDA|VA) 1 $105,000 $105,000 $1,275 2.38%
    SHEBOYGAN, WI (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.63%
    Pontiac, IL (FHA|USDA|VA) 2 $100,000 $50,000 $2,277 3.06%
    DANVILLE, IL (FHA|USDA|VA) 1 $95,000 $95,000 $1,591 3.38%
    ROCKFORD, IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,367 3.50%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $75,000 $75,000 $2,694 3.00%
    Heartland Bank And Trust Company's top markets include Chicago, Bloomington, Champaign, Peoria, and Ottawa among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Heartland Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    FINANCIAL PLUS
    Similarity Rank: 110
    HNB National Bank
    Similarity Rank: 165
    Mid-Illini Credit Union
    Similarity Rank: 205
    UNIVERSITY OF ILLINOIS COMMUNITY
    Similarity Rank: 216
    United Bank of Union
    Similarity Rank: 245
    HEARTLAND
    Similarity Rank: 250
    Glenview State Bank
    Similarity Rank: 312
    Liberty Bank for Savings
    Similarity Rank: 312
    CapGrow Home Mortgage, LLC
    Similarity Rank: 352
    D.W. BROWN MORTGAGE CORP.
    Similarity Rank: 428

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,777 $355,915,000 $200,290 $1,322 3.15%
    FHA 2 $280,000 $140,000 $5,024 3.63%

    For 2020, Heartland Bank And Trust Company's most frequently originated type of loan was Conventional, with 1,777 originations. Their 2nd most popular type was FHA, with 2 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 766 $145,580,000 $190,052 $1,097 2.98%
    Cash Out Refi 553 $122,895,000 $222,233 $1,179 3.08%
    Home Purchase 419 $83,185,000 $198,532 $2,164 3.50%
    Other 33 $4,075,000 $123,485 $1,049 3.86%
    Home Improvement 8 $460,000 $57,500 $1,199 4.00%

    For 2020, Heartland Bank And Trust Company's most frequently cited loan purpose was Refi, with 766 originations. The 2nd most popular reason was Cash Out Refi, with 553 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 721 $137,905,000 $191,269 $1,508 3.24%
    15 Year 694 $111,620,000 $160,836 $1,197 2.74%
    20 Year 116 $17,810,000 $153,534 $1,173 3.30%
    Other 84 $49,810,000 $592,976 $999 3.91%
    5 Year 72 $19,160,000 $266,111 $578 4.32%
    1 Year 46 $6,860,000 $149,130 $0 4.41%
    10 Year 40 $8,030,000 $200,750 $1,100 3.10%
    3 Year 6 $5,000,000 $833,333 $0 4.08%

    For 2020, Heartland Bank And Trust Company's most frequently cited loan duration was 30 Year, with 721 originations. The 2nd most popular length was 15 Year, with 694 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,531 $268,185,000 $175,170
    $1k-2k 7 $1,025,000 $146,429
    $2k-3k 1 $225,000 $225,000

    Heartland Bank And Trust Company's average total fees were $1,508, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,531 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 749 $135,115,000 $180,394
    3-4% 660 $158,040,000 $239,455
    <2.5% 177 $27,655,000 $156,243
    4-5% 171 $33,775,000 $197,515
    5-6% 20 $1,540,000 $77,000
    6-7% 2 $70,000 $35,000

    During 2020, Heartland Bank And Trust Company's average interest rate for loans was 3.24%, while their most frequently originated rate bucket for loans was 2.5-3%, with 749 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 850 $124,820,000 $146,847 $1,255 3.06%
    $200k-400k 428 $113,470,000 $265,117 $1,388 3.06%
    $100,000 or less 399 $28,285,000 $70,890 $1,319 3.37%
    $400k-600k 73 $34,315,000 $470,068 $1,860 3.22%
    $1MM+ 16 $45,460,000 $2,841,250 $0 3.76%
    $600k-1MM 13 $9,845,000 $757,308 $5,673 4.00%

    2020 saw Heartland Bank And Trust Company place emphasis on $100k-200k loans with 850 originations, totaling $124,820,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 383 $67,765,000 $176,932 $1,292 3.05%
    $50k-75k 306 $39,080,000 $127,712 $1,397 3.06%
    $75k-100k 296 $45,600,000 $154,054 $1,281 3.04%
    $150k-250k 287 $63,265,000 $220,436 $1,252 3.01%
    $50k or less 168 $16,020,000 $95,357 $1,518 3.15%
    $250k+ 114 $35,070,000 $307,632 $1,587 3.04%

    Heartland Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 383 originations. The second most popular income band? $50k-75k, with 306 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 559 $99,485,000 $177,970 $1,343 3.01%
    <20% 325 $55,935,000 $172,108 $1,185 2.89%
    30-36% 308 $49,160,000 $159,610 $1,341 3.07%
    37% 45 $8,125,000 $180,556 $1,470 3.26%
    40% 45 $6,385,000 $141,889 $1,548 3.23%
    39% 42 $7,460,000 $177,619 $1,250 3.04%
    36% 40 $6,850,000 $171,250 $1,334 3.09%
    41% 35 $5,575,000 $159,286 $1,358 3.00%
    44% 33 $6,475,000 $196,212 $1,657 3.28%
    42% 32 $5,550,000 $173,438 $1,402 2.96%
    38% 31 $5,035,000 $162,419 $1,595 3.08%
    43% 24 $4,460,000 $185,833 $1,226 3.11%
    45% 19 $4,195,000 $220,789 $1,563 2.97%
    46% 19 $3,095,000 $162,895 $1,177 3.15%
    48% 18 $4,010,000 $222,778 $1,259 3.06%
    47% 11 $2,215,000 $201,364 $1,237 2.90%
    49% 9 $2,075,000 $230,556 $1,733 3.02%
    50-60% 8 $960,000 $120,000 $1,188 3.20%

    Heartland Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 559 originations. The next most common DTI ratio? <20%, with 325 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,480 $256,790,000 $173,507 $1,336 3.07%
    Not applicable 134 $71,160,000 $531,045 $0 4.29%
    Not provided 104 $18,000,000 $173,077 $1,257 2.95%
    Asian 25 $4,065,000 $162,600 $1,171 2.95%
    Black 19 $3,165,000 $166,579 $1,279 3.04%
    Asian Indian 7 $1,245,000 $177,857 $1,135 2.82%
    American Indian 4 $850,000 $212,500 $1,310 2.70%
    Korean 2 $480,000 $240,000 $1,459 2.88%
    Other Pacific Islander 2 $250,000 $125,000 $1,253 2.64%
    Filipino 1 $165,000 $165,000 $991 2.58%
    Other Asian 1 $25,000 $25,000 $2,258 3.70%

    Approval Rates

    Total approvals of all applications
    90.80%

    Heartland Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.77%

    Heartland Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,779 $356,195,000 $200,222

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 46 $56,920,000 $1,237,391
    Single Family (1-4 Units):Site-Built 1,733 $299,275,000 $172,692

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 135 $18,805,000 $139,296 $1,272 3.04%
    40-60% 398 $67,800,000 $170,352 $1,211 3.05%
    60-80% 864 $199,330,000 $230,706 $1,260 3.14%
    80-100% 346 $65,890,000 $190,434 $1,652 3.22%
    Over 100% 2 $2,480,000 $1,240,000 $0 4.00%
    Under 20% 31 $1,725,000 $55,645 $877 4.06%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Heartland Bank and Trust Company 100 East Dakota Street Spring Valley, IL 61362 Full Service B&M $30,850
    Heartland Bank and Trust Company 100 South Cummings Lane Washington, IL 61571 Full Service B&M $20,136
    Heartland Bank and Trust Company 105 N. Menard Metamora, IL 61548 Full Service B&M $33,669
    Heartland Bank and Trust Company 108 North Main Street Eureka, IL 61530 Full Service B&M $76,444
    Heartland Bank and Trust Company 1101 W Windsor Road Champaign, IL 61821 Full Service B&M $77,415
    Heartland Bank and Trust Company 11500 E. Route 34 Plano, IL 60545 Full Service B&M $12,593
    Heartland Bank and Trust Company 116 South Main Street Mackinaw, IL 61755 Full Service B&M $15,984
    Heartland Bank and Trust Company 12101 Regency Square Parkway Huntley, IL 60142 Full Service B&M $48,074
    Heartland Bank and Trust Company 124 South Main Street Sycamore, IL 60178 Full Service B&M $61,281
    Heartland Bank and Trust Company 128 South Depot Street Somonauk, IL 60552 Full Service B&M $61,080
    Heartland Bank and Trust Company 130 North Church Street Gibson City, IL 60936 Full Service B&M $56,351
    Heartland Bank and Trust Company 130 South Main Street Washington, IL 61571 Full Service B&M $79,463
    Heartland Bank and Trust Company 14901 S. Route 59 Plainfield, IL 60544 Full Service B&M $40,465
    Heartland Bank and Trust Company 1575 Ogden Avenue Aurora, IL 60503 Full Service B&M $27,801
    Heartland Bank and Trust Company 1725 Fort Jesse Road Normal, IL 61761 Full Service B&M $58,733
    Heartland Bank and Trust Company 179 East Courtland Street Morton, IL 61550 Full Service B&M $35,670
    Heartland Bank and Trust Company 1821 South Main Street Eureka, IL 61530 Full Service B&M $2,228
    Heartland Bank and Trust Company 1985 Dekalb Avenue Sycamore, IL 60178 Full Service B&M $75,059
    Heartland Bank and Trust Company 200 East Church Street Sandwich, IL 60548 Full Service B&M $40,920
    Heartland Bank and Trust Company 200 West College Avenue Normal, IL 61761 Full Service B&M $58,732
    Heartland Bank and Trust Company 202 West Center Street Eureka, IL 61530 Limited, Drive-thru $0
    Heartland Bank and Trust Company 205 North Main Street Bloomington, IL 61702 Full Service B&M $46,562
    Heartland Bank and Trust Company 207 West Washington Street Carlock, IL 61725 Full Service B&M $33,787
    Heartland Bank and Trust Company 21 Gletty Road Sandwich, IL 60548 Full Service B&M $26,685
    Heartland Bank and Trust Company 2101 North Main Street Princeton, IL 61356 Full Service B&M $30,850
    Heartland Bank and Trust Company 2101 West Springfield Road Champaign, IL 61821 Full Service B&M $20,699
    Heartland Bank and Trust Company 2111 East Oakland Avenue, Suite A Bloomington, IL 61701 Full Service B&M $18,891
    Heartland Bank and Trust Company 223 South Main Street Morton, IL 61550 Full Service B&M $47,665
    Heartland Bank and Trust Company 2231 West Market Street Bloomington, IL 61704 Full Service B&M $28,168
    Heartland Bank and Trust Company 321 West Golf Road Schaumburg, IL 60196 Full Service B&M $68,905
    Heartland Bank and Trust Company 327 West Main Street Genoa, IL 60135 Full Service B&M $39,550
    Heartland Bank and Trust Company 333 South Main Street Farmer City, IL 61842 Full Service B&M $60,209
    Heartland Bank and Trust Company 3400 Court Street Pekin, IL 61554 Full Service B&M $28,670
    Heartland Bank and Trust Company 3501 West War Memorial Drive Peoria, IL 61615 Full Service B&M $33,324
    Heartland Bank and Trust Company 36044 North Brookside Drive Gurnee, IL 60031 Full Service B&M $22,296
    Heartland Bank and Trust Company 379 Old Germantown Road Metamora, IL 61548 Full Service B&M $19,368
    Heartland Bank and Trust Company 401 North Hershey Road Bloomington, IL 61702 Full Service B&M $275,298
    Heartland Bank and Trust Company 401 West Main Street Lexington, IL 61753 Full Service B&M $15,940
    Heartland Bank and Trust Company 418 Locust Street Delavan, IL 61734 Full Service B&M $11,650
    Heartland Bank and Trust Company 423 South Sixth Street Princeton, IL 61356 Limited, Drive-thru $0
    Heartland Bank and Trust Company 430 East Mississippi Ave Elwood, IL 60421 Full Service B&M $13,950
    Heartland Bank and Trust Company 4456 Wolf Road Western Springs, IL 60558 Full Service B&M $152,159
    Heartland Bank and Trust Company 485 Lake Street Antioch, IL 60002 Full Service B&M $96,631
    Heartland Bank and Trust Company 500 Bob Blair Road Minooka, IL 60447 Full Service B&M $28,667
    Heartland Bank and Trust Company 501 West Walnut Street Oglesby, IL 61348 Full Service B&M $28,673
    Heartland Bank and Trust Company 5650 Canton Farm Road Plainfield, IL 60586 Full Service B&M $22,244
    Heartland Bank and Trust Company 602 South Vine Street Urbana, IL 61801 Full Service B&M $12,190
    Heartland Bank and Trust Company 606 South Main Street Princeton, IL 61356 Full Service B&M $154,597
    Heartland Bank and Trust Company 700 West Jefferson Street Shorewood, IL 60431 Full Service B&M $58,068
    Heartland Bank and Trust Company 703 Third Street Henry, IL 61537 Full Service B&M $24,833
    Heartland Bank and Trust Company 801 E. Cemetery Avenue Chenoa, IL 61726 Full Service B&M $40,719
    Heartland Bank and Trust Company 819 Warner Street Hampshire, IL 60140 Full Service B&M $38,235
    Heartland Bank and Trust Company 9010 N. Allen Road Peoria, IL 61615 Full Service B&M $27,527
    Heartland Bank and Trust Company 913 South Fourth Street De Kalb, IL 60115 Full Service B&M $48,692
    Heartland Bank and Trust Company 925 Shooting Park Road Peru, IL 61354 Full Service B&M $80,755
    Heartland Bank and Trust Company 99 North Elm Street El Paso, IL 61738 Full Service B&M $94,537
    Heartland Bank and Trust Company Route 71 And Union Street Newark, IL 60541 Full Service B&M $48,831

    For 2020, Heartland Bank And Trust Company had 57 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $123,886
    Net interest income $119,615
    Total noninterest income $34,357
    Gross Fiduciary activities income $6,968
    Service charges on deposit accounts $5,987
    Trading account gains and fees $0
    Additional Noninterest Income $21,402
    Pre-tax net operating income $54,003
    Securities gains (or losses, -) $64
    Income before extraordinary items $40,062
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $40,062
    Minority interest net income $0
    Net income $40,062
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $40,011

    Heartland Bank And Trust Company's gross interest income from loans was $123,886,000.
    Heartland Bank And Trust Company's net interest income from loans was $119,615,000.
    Heartland Bank And Trust Company's fee based income from loans was $5,987,000.
    Heartland Bank And Trust Company's net income from loans was $40,062,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,271
    Provision for credit losses $10,532
    Total noninterest expense $89,437
    Salaries and employee benefits $57,950
    Premises and equipment expense $9,027
    Additional noninterest expense $22,460
    Applicable income taxes $14,005
    Net charge-offs $993
    Cash dividends $17,600

    Heartland Bank And Trust Company's interest expense for loans was $4,271,000.
    Heartland Bank And Trust Company's payroll and benefits expense were $57,950,000.
    Heartland Bank And Trust Company's property, plant and equipment expenses $9,027,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.3%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $3,173,053
    Deposits held in domestic offices $3,173,053
    Deposits by Individuals, partnerships, and corporations $2,951,475
    Deposits by U.S. Government $14
    Deposits by States and political subdivisions in the U.S. $220,335
    Deposits by Commercial banks and other depository institutions in U.S. $1,229
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $749,698
    Demand deposits $425,061
    Nontransaction accounts $2,423,355
    Money market deposit accounts (MMDAs) $462,057
    Other savings deposits (excluding MMDAs) $1,661,824
    Total time deposits $299,474
    Total time and savings deposits $2,747,992
    Noninterest-bearing deposits $925,458
    Interest-bearing deposits $2,247,595
    Retail deposits $3,146,616
    IRAs and Keogh plan accounts $65,895
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,663,774
    Cash & Balances due from depository institutions $310,821
    Interest-bearing balances $285,909
    Total securities $994,283
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,229,881
    Loan and leases loss allowance $31,838
    Trading account assets $0
    Bank premises and fixed assets $53,025
    Other real estate owned $4,168
    Goodwill and other intangibles $33,325
    All other assets $38,271

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,663,774
    Total Liabilities $3,265,600
    Total deposits $3,173,053
    Interest-bearing deposits $2,247,595
    Deposits held in domestic offices $3,173,053
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $45,736
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $46,811

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,229,881
    Loan and leases loss allowance $31,838
    Total loans and leases (domestic) $2,261,719
    All real estate loans $1,662,772
    Real estate loans in domestic offices $1,662,772
    Construction and development loans $225,652
    Residential 1-4 family construction $51,347
    Other construction, all land development and other land $174,305
    Loans secured by nonfarm nonresidential properties $742,755
    Nonfarm nonresidential secured by owner-occupied properties $222,360
    Commercial real estate & other non-farm, non-residential $520,395
    Multifamily residential real estate $236,391
    1-4 family residential loans $321,488
    Farmland loans $136,486
    Loans held in foreign offices $0
    Farm loans $86,237
    Commercial and industrial loans $393,312
    To non-U.S. addressees $0
    Loans to individuals $13,837
    Credit card loans $5,162
    Related Plans $190
    Consumer Auto Loans $1,462
    Other loans to individuals $7,023
    All other loans & leases $105,561
    Loans to foreign governments and official institutions $0
    Other loans $21,089
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $2,118
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,326
    Non 1-4 family restructured loans & leases $953
    Total loans and leases (foreign) $0

    Heartland Bank and Trust Company had $2,229,881,000 of loans outstanding in 2020. $1,662,772,000 of loans were in real estate loans. $225,652,000 of loans were in development loans. $236,391,000 of loans were in multifamily mortgage loans. $321,488,000 of loans were in 1-4 family mortgage loans. $86,237,000 of loans were in farm loans. $5,162,000 of loans were in credit card loans. $1,462,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 703 $150,075 $213,478
    Nonfarm, nonresidential loans - <$100k 127 $4,993 $39,315
    Nonfarm, nonresidential loans - $100-250k 211 $23,156 $109,744
    Nonfarm, nonresidential loans - $250k-1MM 365 $121,926 $334,044
    Commercial & Industrial, US addressed loans - <$1MM 3,284 $170,620 $51,955
    Commercial & Industrial, US addressed loans - <$100k 2,098 $39,996 $19,064
    Commercial & Industrial, US addressed loans - $100-250k 564 $41,732 $73,993
    Commercial & Industrial, US addressed loans - $250k-1MM 622 $88,892 $142,913
    Farmland loans - <$1MM 221 $30,735 $139,072
    Farmland loans - <$100k 45 $1,979 $43,978
    Farmland loans - $100-250k 80 $8,625 $107,813
    Farmland loans - $250k-1MM 96 $20,131 $209,698
    Agriculture operations loans - <$1MM 579 $30,863 $53,304
    Agriculture operations loans - <$100k 257 $5,033 $19,584
    Agriculture operations loans - $100-250k 165 $9,883 $59,897
    Agriculture operations loans - $250k-1MM 157 $15,947 $101,573