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 Home Purchase, Cash Out Refi, and Refi 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Chicago, Bloomington, Peoria, Champaign, and Ottawa among others. We have data for 52 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% 4/28/24
    30 Year Conventional Refi 6.76% 4/28/24
    30 Year Cash-out Refi 7.11% 4/28/24
    30 Year FHA Purchase 7.63% 4/28/24
    30 Year USDA Purchase 7.12% 4/28/24
    15 Year Conventional Purchase 6.42% 4/28/24
    15 Year Conventional Refi 6.30% 4/28/24
    15 Year Cash-out Refi 6.30% 4/28/24
    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

    1,120

    Origination Dollar Volume (All Markets)

    $227,640,000

    Employee count

    728 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) 323 $93,195,000 $288,529 $1,940 3.51%
    BLOOMINGTON, IL (FHA|USDA|VA) 268 $42,340,000 $157,985 $1,280 3.11%
    PEORIA, IL (FHA|USDA|VA) 145 $17,635,000 $121,621 $1,401 3.19%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 92 $16,450,000 $178,804 $1,517 3.15%
    Ottawa, IL (FHA|USDA|VA) 113 $12,375,000 $109,513 $1,963 3.13%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $7,995,000 $2,665,000 $0 3.79%
    Outside of Metro Areas 54 $7,950,000 $147,222 $2,237 3.20%
    Lincoln, IL (FHA|USDA|VA) 38 $4,370,000 $115,000 $2,154 2.89%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $3,740,000 $1,870,000 $3,901 3.35%
    Breckenridge, CO (FHA|USDA|VA) 1 $1,745,000 $1,745,000 $0 3.71%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $1,485,000 $1,485,000 $0 3.50%
    Pontiac, IL (FHA|USDA|VA) 8 $1,290,000 $161,250 $1,577 2.86%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $935,000 $935,000 $5,001 2.95%
    DECATUR, IL (FHA|USDA|VA) 7 $865,000 $123,571 $2,911 3.52%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $850,000 $212,500 $0 4.43%
    Whitewater, WI (FHA|USDA|VA) 2 $830,000 $415,000 $1,712 3.00%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $770,000 $385,000 $4,423 4.13%
    NILES, MI (FHA|USDA|VA) 2 $750,000 $375,000 $2,487 3.77%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $650,000 $325,000 $3,461 3.19%
    Charleston-Mattoon, IL (FHA|USDA|VA) 2 $640,000 $320,000 $3,969 3.81%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $615,000 $205,000 $1,883 3.36%
    Effingham, IL (FHA|USDA|VA) 2 $610,000 $305,000 $3,597 3.81%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $605,000 $201,667 $3,298 3.46%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $545,000 $545,000 $2,256 2.85%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $545,000 $545,000 $6,046 3.13%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $535,000 $535,000 $3,058 2.75%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $510,000 $255,000 $2,217 2.88%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $485,000 $485,000 $0 3.35%
    SPRINGFIELD, IL (FHA|USDA|VA) 3 $475,000 $158,333 $2,193 3.58%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $430,000 $215,000 $2,260 3.00%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $400,000 $200,000 $2,146 2.81%
    Taylorville, IL (FHA|USDA|VA) 2 $390,000 $195,000 $4,323 3.06%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $385,000 $385,000 $2,037 2.90%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $380,000 $190,000 $2,300 2.66%
    DANVILLE, IL (FHA|USDA|VA) 4 $360,000 $90,000 $1,796 3.09%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $315,000 $315,000 $5,616 3.25%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $315,000 $315,000 $3,417 3.38%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $310,000 $155,000 $1,866 2.43%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $305,000 $305,000 $2,022 3.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $305,000 $305,000 $0 3.75%
    Dixon, IL (FHA|USDA|VA) 1 $275,000 $275,000 $1,603 3.25%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $250,000 $125,000 $1,691 3.00%
    IOWA CITY, IA (FHA|USDA|VA) 2 $220,000 $110,000 $0 3.10%
    Paris, TN (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.00%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $165,000 $165,000 $1,640 2.63%
    Traverse City, MI (FHA|USDA|VA) 1 $155,000 $155,000 $2,158 2.50%
    Burlington, IA-IL (FHA|USDA|VA) 1 $145,000 $145,000 $1,326 3.38%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,173 2.63%
    KOKOMO, IN (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.00%
    Henderson, NC (FHA|USDA|VA) 1 $95,000 $95,000 $2,518 2.75%
    Sterling, IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,406 3.25%
    Quincy, IL-MO (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.75%
    Heartland Bank And Trust Company's top markets include Chicago, Bloomington, Peoria, Champaign, and Ottawa among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Michigan (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.

    First State Bank
    Similarity Rank: 24
    First Savings Bank of Hegewisch
    Similarity Rank: 45
    Alliance Community Bank
    Similarity Rank: 128
    Liberty Bank for Savings
    Similarity Rank: 153
    HEARTLAND
    Similarity Rank: 161
    Goodfield State Bank
    Similarity Rank: 324
    Town & Country Bank
    Similarity Rank: 328
    UNIVERSITY OF ILLINOIS COMMUNITY
    Similarity Rank: 336
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 370
    Iroquois Federal Savings and Loan Association
    Similarity Rank: 414

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,095 $224,475,000 $205,000 $1,640 3.25%
    FHA 16 $2,080,000 $130,000 $5,049 3.59%
    USDA 8 $680,000 $85,000 $3,465 3.39%
    VA 1 $405,000 $405,000 $2,856 3.00%

    For 2021, Heartland Bank And Trust Company's most frequently originated type of loan was Conventional, with 1,095 originations. Their 2nd most popular type was FHA, with 16 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 458 $102,530,000 $223,865 $2,613 3.57%
    Cash Out Refi 320 $62,350,000 $194,844 $1,298 3.10%
    Refi 301 $57,785,000 $191,977 $1,269 2.93%
    Other 35 $4,295,000 $122,714 $1,222 3.43%
    Home Improvement 6 $680,000 $113,333 $1,073 3.65%

    For 2021, Heartland Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 458 originations. The 2nd most popular reason was Cash Out Refi, with 320 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 459 $80,915,000 $176,285 $2,062 3.29%
    15 Year 310 $46,280,000 $149,290 $1,429 2.60%
    1 Year 88 $16,500,000 $187,500 $0 4.30%
    5 Year 87 $38,715,000 $445,000 $620 4.24%
    20 Year 64 $10,140,000 $158,438 $1,306 3.16%
    10 Year 62 $14,650,000 $236,290 $1,321 2.78%
    Other 50 $20,440,000 $408,800 $806 4.16%

    For 2021, Heartland Bank And Trust Company's most frequently cited loan duration was 30 Year, with 459 originations. The 2nd most popular length was 15 Year, with 310 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 862 $141,220,000 $163,828
    $1k-2k 33 $3,675,000 $111,364
    $3k-4k 3 $385,000 $128,333
    $2k-3k 2 $250,000 $125,000
    $4k-5k 1 $215,000 $215,000
    $5k+ 1 $415,000 $415,000

    Heartland Bank And Trust Company's average total fees were $2,062, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 862 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 414 $115,570,000 $279,155
    2.5-3% 335 $55,495,000 $165,657
    4-5% 189 $30,245,000 $160,026
    <2.5% 175 $25,755,000 $147,171
    5-6% 6 $550,000 $91,667
    6-7% 1 $25,000 $25,000

    During 2021, Heartland Bank And Trust Company's average interest rate for loans was 3.29%, while their most frequently originated rate bucket for loans was 3-4%, with 414 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 478 $67,350,000 $140,900 $1,592 3.16%
    $100,000 or less 345 $23,825,000 $69,058 $1,619 3.37%
    $200k-400k 215 $55,425,000 $257,791 $1,891 3.17%
    $400k-600k 48 $23,650,000 $492,708 $2,817 3.44%
    $1MM+ 20 $46,460,000 $2,323,000 $3,573 3.85%
    $600k-1MM 14 $10,930,000 $780,714 $3,579 3.64%

    2021 saw Heartland Bank And Trust Company place emphasis on $100k-200k loans with 478 originations, totaling $67,350,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 201 $24,725,000 $123,010 $1,666 3.13%
    $50k or less 184 $16,070,000 $87,337 $1,836 3.11%
    $100k-150k 179 $32,325,000 $180,587 $1,646 3.02%
    $75k-100k 161 $23,615,000 $146,677 $1,661 3.05%
    $150k-250k 125 $27,515,000 $220,120 $1,687 2.97%
    $250k+ 62 $22,450,000 $362,097 $2,132 3.21%

    Heartland Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 201 originations. The second most popular income band? $50k or less, with 184 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 309 $50,935,000 $164,838 $1,722 3.01%
    30-36% 179 $26,905,000 $150,307 $1,735 3.09%
    <20% 136 $20,590,000 $151,397 $1,539 2.85%
    42% 33 $5,125,000 $155,303 $1,571 3.02%
    39% 33 $5,665,000 $171,667 $1,712 3.28%
    41% 31 $5,945,000 $191,774 $2,422 3.11%
    38% 29 $5,855,000 $201,897 $1,621 3.10%
    36% 29 $4,395,000 $151,552 $1,976 3.06%
    37% 25 $4,045,000 $161,800 $1,821 3.20%
    40% 21 $3,375,000 $160,714 $1,697 2.86%
    43% 14 $2,190,000 $156,429 $1,937 3.29%
    44% 14 $2,550,000 $182,143 $1,698 3.01%
    46% 12 $2,120,000 $176,667 $1,760 3.03%
    47% 12 $1,740,000 $145,000 $1,447 3.03%
    45% 11 $1,435,000 $130,455 $1,585 3.08%
    48% 9 $1,815,000 $201,667 $1,690 2.94%
    49% 7 $1,055,000 $150,714 $1,276 2.98%
    50-60% 4 $1,000,000 $250,000 $1,953 2.88%

    Heartland Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 309 originations. The next most common DTI ratio? 30-36%, with 179 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 836 $139,510,000 $166,878 $1,734 3.09%
    Not applicable 168 $68,100,000 $405,357 $0 4.22%
    Not provided 86 $15,440,000 $179,535 $1,537 3.10%
    Black 17 $2,685,000 $157,941 $1,617 3.31%
    Asian 10 $1,450,000 $145,000 $1,566 2.67%
    American Indian 2 $250,000 $125,000 $4,544 3.00%
    Asian Indian 1 $205,000 $205,000 $1,403 2.75%

    Approval Rates

    Total approvals of all applications
    92.08%

    Heartland Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    67.23%

    Heartland Bank And Trust Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,120 $227,640,000 $203,250

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,120 $227,640,000 $203,250

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 109 $11,225,000 $102,982 $1,391 3.15%
    40-60% 259 $44,475,000 $171,718 $1,452 3.18%
    60-80% 482 $122,800,000 $254,772 $1,593 3.27%
    80-100% 248 $40,810,000 $164,556 $2,336 3.28%
    Over 100% 3 $7,375,000 $2,458,333 $0 4.20%
    Under 20% 19 $955,000 $50,263 $772 4.15%

    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 $35,513
    Heartland Bank and Trust Company 100 South Cummings Lane Washington, IL 61571 Full Service B&M $24,117
    Heartland Bank and Trust Company 105 N. Menard Metamora, IL 61548 Full Service B&M $34,865
    Heartland Bank and Trust Company 108 North Main Street Eureka, IL 61530 Full Service B&M $86,372
    Heartland Bank and Trust Company 1101 W Windsor Road Champaign, IL 61821 Full Service B&M $94,339
    Heartland Bank and Trust Company 111 North Sangamon Street Lincoln, IL 62656 Limited, Drive-thru $7,038
    Heartland Bank and Trust Company 11500 E. Route 34 Plano, IL 60545 Full Service B&M $14,240
    Heartland Bank and Trust Company 116 South Main Street Mackinaw, IL 61755 Full Service B&M $18,936
    Heartland Bank and Trust Company 12101 Regency Square Parkway Huntley, IL 60142 Full Service B&M $54,621
    Heartland Bank and Trust Company 124 South Main Street Sycamore, IL 60178 Full Service B&M $67,039
    Heartland Bank and Trust Company 128 South Depot Street Somonauk, IL 60552 Full Service B&M $69,593
    Heartland Bank and Trust Company 130 North Church Street Gibson City, IL 60936 Full Service B&M $58,569
    Heartland Bank and Trust Company 130 South Main Street Washington, IL 61571 Full Service B&M $87,874
    Heartland Bank and Trust Company 14901 S. Route 59 Plainfield, IL 60544 Full Service B&M $48,962
    Heartland Bank and Trust Company 1575 Ogden Avenue Aurora, IL 60503 Full Service B&M $35,758
    Heartland Bank and Trust Company 1725 Fort Jesse Road Normal, IL 61761 Full Service B&M $67,593
    Heartland Bank and Trust Company 179 East Courtland Street Morton, IL 61550 Full Service B&M $40,404
    Heartland Bank and Trust Company 1821 South Main Street Eureka, IL 61530 Full Service B&M $3,637
    Heartland Bank and Trust Company 1985 Dekalb Avenue Sycamore, IL 60178 Full Service B&M $87,060
    Heartland Bank and Trust Company 200 East Church Street Sandwich, IL 60548 Full Service B&M $46,946
    Heartland Bank and Trust Company 200 West College Avenue Normal, IL 61761 Full Service B&M $67,078
    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 $50,107
    Heartland Bank and Trust Company 207 West Washington Street Carlock, IL 61725 Full Service B&M $39,728
    Heartland Bank and Trust Company 21 Gletty Road Sandwich, IL 60548 Full Service B&M $33,179
    Heartland Bank and Trust Company 2101 North Main Street Princeton, IL 61356 Full Service B&M $33,885
    Heartland Bank and Trust Company 2101 West Springfield Road Champaign, IL 61821 Full Service B&M $25,370
    Heartland Bank and Trust Company 2111 East Oakland Avenue, Suite A Bloomington, IL 61701 Full Service B&M $22,216
    Heartland Bank and Trust Company 220 East Van Buren Street Clinton, IL 61727 Full Service Retail $14,641
    Heartland Bank and Trust Company 223 South Main Street Morton, IL 61550 Full Service B&M $50,070
    Heartland Bank and Trust Company 2231 West Market Street Bloomington, IL 61704 Full Service B&M $36,125
    Heartland Bank and Trust Company 301 South Side Square Clinton, IL 61727 Full Service B&M $103,916
    Heartland Bank and Trust Company 321 West Golf Road Schaumburg, IL 60196 Full Service B&M $72,009
    Heartland Bank and Trust Company 327 West Main Street Genoa, IL 60135 Full Service B&M $44,536
    Heartland Bank and Trust Company 333 South Main Street Farmer City, IL 61842 Full Service B&M $65,209
    Heartland Bank and Trust Company 3400 Court Street Pekin, IL 61554 Full Service B&M $27,565
    Heartland Bank and Trust Company 3501 West War Memorial Drive Peoria, IL 61615 Full Service B&M $38,723
    Heartland Bank and Trust Company 36044 North Brookside Drive Gurnee, IL 60031 Full Service B&M $25,904
    Heartland Bank and Trust Company 379 Old Germantown Road Metamora, IL 61548 Full Service B&M $22,305
    Heartland Bank and Trust Company 401 N Hershey Rd Bloomington, IL 61704 Full Service B&M $318,583
    Heartland Bank and Trust Company 401 West Main Street Lexington, IL 61753 Full Service B&M $20,428
    Heartland Bank and Trust Company 418 Locust Street Delavan, IL 61734 Full Service B&M $12,885
    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 $17,371
    Heartland Bank and Trust Company 4456 Wolf Road Western Springs, IL 60558 Full Service B&M $198,546
    Heartland Bank and Trust Company 485 Lake Street Antioch, IL 60002 Full Service B&M $104,939
    Heartland Bank and Trust Company 500 Bob Blair Road Minooka, IL 60447 Full Service B&M $32,451
    Heartland Bank and Trust Company 501 West Walnut Street Oglesby, IL 61348 Full Service B&M $36,721
    Heartland Bank and Trust Company 508 Broadway Lincoln, IL 62656 Full Service B&M $205,258
    Heartland Bank and Trust Company 53 W Jackson Blvd Chicago, IL 60604 Limited, Administrative $0
    Heartland Bank and Trust Company 5650 Canton Farm Road Plainfield, IL 60586 Full Service B&M $28,096
    Heartland Bank and Trust Company 602 South Vine Street Urbana, IL 61801 Full Service B&M $14,157
    Heartland Bank and Trust Company 606 South Main Street Princeton, IL 61356 Full Service B&M $176,622
    Heartland Bank and Trust Company 700 West Jefferson Street Shorewood, IL 60431 Full Service B&M $65,676
    Heartland Bank and Trust Company 703 Third Street Henry, IL 61537 Full Service B&M $28,021
    Heartland Bank and Trust Company 801 E. Cemetery Avenue Chenoa, IL 61726 Full Service B&M $45,568
    Heartland Bank and Trust Company 818 Woodlawn Rd Lincoln, IL 62656 Full Service B&M $7,837
    Heartland Bank and Trust Company 819 Warner Street Hampshire, IL 60140 Full Service B&M $47,147
    Heartland Bank and Trust Company 9010 N. Allen Road Peoria, IL 61615 Full Service B&M $29,526
    Heartland Bank and Trust Company 913 South Fourth Street De Kalb, IL 60115 Full Service B&M $55,040
    Heartland Bank and Trust Company 925 Shooting Park Road Peru, IL 61354 Full Service B&M $94,817
    Heartland Bank and Trust Company 99 North Elm Street El Paso, IL 61738 Full Service B&M $104,805
    Heartland Bank and Trust Company Route 71 And Union Street Newark, IL 60541 Full Service B&M $56,811

    For 2021, Heartland Bank And Trust Company had 63 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $128,031
    Net interest income $125,516
    Total noninterest income $37,147
    Gross Fiduciary activities income $8,077
    Service charges on deposit accounts $6,080
    Trading account gains and fees $0
    Additional Noninterest Income $22,990
    Pre-tax net operating income $83,235
    Securities gains (or losses, -) $-81
    Income before extraordinary items $61,227
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $61,227
    Minority interest net income $0
    Net income $61,227
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $61,290

    Heartland Bank And Trust Company's gross interest income from loans was $128,031,000.
    Heartland Bank And Trust Company's net interest income from loans was $125,516,000.
    Heartland Bank And Trust Company's fee based income from loans was $6,080,000.
    Heartland Bank And Trust Company's net income from loans was $61,227,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,515
    Provision for credit losses $-8,077
    Total noninterest expense $87,505
    Salaries and employee benefits $55,007
    Premises and equipment expense $9,464
    Additional noninterest expense $23,034
    Applicable income taxes $21,927
    Net charge-offs $-175
    Cash dividends $20,000

    Heartland Bank And Trust Company's interest expense for loans was $2,515,000.
    Heartland Bank And Trust Company's payroll and benefits expense were $55,007,000.
    Heartland Bank And Trust Company's property, plant and equipment expenses $9,464,000.

    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 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.3%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $3,763,157
    Deposits held in domestic offices $3,763,157
    Deposits by Individuals, partnerships, and corporations $3,451,104
    Deposits by U.S. Government $8
    Deposits by States and political subdivisions in the U.S. $306,137
    Deposits by Commercial banks and other depository institutions in U.S. $5,908
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $717,186
    Demand deposits $429,908
    Nontransaction accounts $3,045,971
    Money market deposit accounts (MMDAs) $583,198
    Other savings deposits (excluding MMDAs) $2,134,565
    Total time deposits $328,208
    Total time and savings deposits $3,333,249
    Noninterest-bearing deposits $1,112,631
    Interest-bearing deposits $2,650,526
    Retail deposits $3,700,657
    IRAs and Keogh plan accounts $65,729
    Brokered deposits $4,238
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $4,311,088
    Cash & Balances due from depository institutions $408,978
    Interest-bearing balances $385,591
    Total securities $1,281,286
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,480,695
    Loan and leases loss allowance $23,936
    Trading account assets $0
    Bank premises and fixed assets $53,935
    Other real estate owned $3,278
    Goodwill and other intangibles $39,259
    All other assets $43,657

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $4,311,088
    Total Liabilities $3,849,749
    Total deposits $3,763,157
    Interest-bearing deposits $2,650,526
    Deposits held in domestic offices $3,763,157
    % insured (estimated) $78
    Federal funds purchased and repurchase agreements $61,256
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $25,336

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,480,695
    Loan and leases loss allowance $23,936
    Total loans and leases (domestic) $2,504,631
    All real estate loans $1,970,346
    Real estate loans in domestic offices $1,970,346
    Construction and development loans $298,048
    Residential 1-4 family construction $37,726
    Other construction, all land development and other land $260,322
    Loans secured by nonfarm nonresidential properties $918,567
    Nonfarm nonresidential secured by owner-occupied properties $234,544
    Commercial real estate & other non-farm, non-residential $684,023
    Multifamily residential real estate $263,911
    1-4 family residential loans $332,779
    Farmland loans $157,041
    Loans held in foreign offices $0
    Farm loans $90,755
    Commercial and industrial loans $286,946
    To non-U.S. addressees $0
    Loans to individuals $12,497
    Credit card loans $5,207
    Related Plans $185
    Consumer Auto Loans $1,959
    Other loans to individuals $5,146
    All other loans & leases $144,087
    Loans to foreign governments and official institutions $0
    Other loans $27,498
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $8,883
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $369
    Non 1-4 family restructured loans & leases $203
    Total loans and leases (foreign) $0

    Heartland Bank and Trust Company had $2,480,695,000 of loans outstanding in 2021. $1,970,346,000 of loans were in real estate loans. $298,048,000 of loans were in development loans. $263,911,000 of loans were in multifamily mortgage loans. $332,779,000 of loans were in 1-4 family mortgage loans. $90,755,000 of loans were in farm loans. $5,207,000 of loans were in credit card loans. $1,959,000 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 692 $159,949 $231,140
    Nonfarm, nonresidential loans - <$100k 123 $5,166 $42,000
    Nonfarm, nonresidential loans - $100-250k 205 $22,409 $109,312
    Nonfarm, nonresidential loans - $250k-1MM 364 $132,374 $363,665
    Commercial & Industrial, US addressed loans - <$1MM 3,819 $93,159 $24,394
    Commercial & Industrial, US addressed loans - <$100k 1,363 $18,425 $13,518
    Commercial & Industrial, US addressed loans - $100-250k 358 $20,433 $57,075
    Commercial & Industrial, US addressed loans - $250k-1MM 2,098 $54,301 $25,882
    Farmland loans - <$1MM 250 $36,051 $144,204
    Farmland loans - <$100k 54 $2,299 $42,574
    Farmland loans - $100-250k 86 $9,267 $107,756
    Farmland loans - $250k-1MM 110 $24,485 $222,591
    Agriculture operations loans - <$1MM 515 $26,763 $51,967
    Agriculture operations loans - <$100k 229 $4,175 $18,231
    Agriculture operations loans - $100-250k 161 $8,819 $54,776
    Agriculture operations loans - $250k-1MM 125 $13,769 $110,152