8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 of 15(d) of

The Securities Exchange Act of 1934

Date of Report: August 10, 2011

(Date of earliest event reported)

Heartland Financial USA, Inc.

(Exact name of Registrant as specified in its charter)

Delaware

(State or jurisdiction of incorporation)

0-24724	42-1405748
(Commission File Number)	(I.R.S. Employer Identification Number)

1398 Central Avenue, Dubuque, Iowa	52001
(Address of principal executive offices)	(Zip Code)

(563) 589-2100

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure

Heartland Financial USA, Inc. ("Heartland") has prepared presentation materials (the “Presentation Materials”) that management intends to use from time to time on and after August 10, 2011, in presentations about Heartland’s operations and performance. Heartland may use the Presentation Materials in presentations to current and potential investors, lenders, creditors, insurers, vendors, customers, employees and others with an interest in Heartland and its business. Lynn B. Fuller, President and Chief Executive Officer of Heartland, and John K. Schmidt, Executive Vice President, Chief Operating Officer and Chief Financial Officer of Heartland, made a presentation that included the Presentation Materials furnished as Exhibit 99.1 to this Current Report on Form 8-K at the Raymond James Bank Conference on August 10, 2011. The Presentation Materials will also be posted in the Investor Relations section of Heartland’s website www.htlf.com on August 11, 2011.

The information contained in the Presentation Materials is summary information that should be considered within the context of Heartland’s filings with the Securities and Exchange Commission and other public announcements that Heartland may make by press release or otherwise from time to time. The Presentation Materials speak as of the date of this Current Report on Form 8-K. While Heartland may elect to update the Presentation Materials in the future or reflect events and circumstances occurring or existing after the date of this Current Report on Form 8-K, Heartland specifically disclaims any obligation to do so.

The information furnished in Item 7.01 and Exhibit 99.1 to this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits

(a) Financial Statements of Business Acquired.

None.

(b) Pro Forma Financial Information.

None.

(c) Exhibits.

99.1     Presentation Materials

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 15, 2011

HEARTLAND FINANCIAL USA, INC.
By:	/s/ John K. Schmidt
	Executive Vice President, COO & CFO

EX-99.1

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Investor Presentation Trading Symbol | HTLF www.htlf.com

Lynn B. Fuller Chairman, President and CEO John K. Schmidt Chief Operating Officer Chief Financial Officer

Safe Harbor

This presentation may contain, and future oral and written statements of the Company and its management may contain, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the financial condition, results of operations, plans, objectives, future performance and business of the Company. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of the Company’s management and on information currently available to management, are generally identifiable by the use of words such as believe, expect, anticipate, plan, intend, estimate, may, will, would, could, should or similar expressions. Additionally, all statements in this release, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events. A number of factors, many of which are beyond the ability of the Company to control or predict, could cause actual results to differ materially from those in its forward-looking statements. These factors include, among others, the following: (i) the strength of the local and national economy; (ii) the economic impact of past and any future terrorist threats and attacks and any acts of war or threats thereof, (iii) changes in state and federal laws, regulations and governmental policies concerning the Company’s general business; (iv) changes in interest rates and prepayment rates of the Company’s assets; (v) increased competition in the financial services sector and the inability to attract new customers; (vi) changes in technology and the ability to develop and maintain secure and reliable electronic systems; (vii) the loss of key executives or employees; (viii) changes in consumer spending; (ix) unexpected results of acquisitions; (x) unexpected outcomes of existing or new litigation involving the Company; and (xi) changes in accounting policies and practices. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. Additional information concerning the Company and its business, including other factors that could materially affect the Company’s financial results, is included in the Company’s filings with the Securities and Exchange Commission.

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Heartland By The Numbers

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An Expanding Franchise  Midwest to West

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Expansion Timeline

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De Novo

Acquisition

Market Overview: Expanding in High Growth Markets



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Dubuque, Iowa

Moody’s Top 20 for Job Growth in 2011 Forbes 2010 Best Small City to Raise a Family 2010 #1 in the Nation among Mid Sized Cities for Projected Job Growth 2010 #15 Best Small Places for Business and Careers   Fast Company 2010 One of the Smartest Cities on the Planet   America’s Promise 100 Best Communities for Young People in 2010   Building Resilient Regions 2011 Ranked #5 for resiliency - the economic capacity to bounce back from adversity, strength of demographics and community connectivity.

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Heartland By The Numbers

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Asset and Earnings Growth

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Heartland By The Numbers

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History of Continuous Dividends





GOAL: 20%-30% Dividend Payout 1.5 %– 3.0% Dividend Yield

$0.28

$0.21

25% Change

$0.40



$0.40

As of December 31, 2010



30% Change

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Company Snapshot  5 Primary Business Lines

Heartland Financial USA, Inc.

Commercial Banking

Retail Banking

Wealth Management and Trust

Consumer Finance

Residential Mortgage

Ticker: HTLF Price (6-30-11): $14.55 TCBV (6-30-11): $14.67 Price/TCBV (%): 99% Market Cap: $239 MM Quarterly Dividend: $0.10 Dividend Yield: 2.75%

Assets: $4.0 Billion Loans: $2.3 Billion Deposits: $3.1 Billion Noninterest Income: 27% of Revenue DDA as % of Deposits: 21% CDs as % of Deposits: 28%

Banks: 9 Independent Charters States: 8 (4 Midwest / 4 West) Offices: 61

Consumer Finance States: 3 (Iowa, Illinois, Wisconsin) Offices: 9

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Primary Target Markets

Personal Accounts of Owners and Executives Employees of the Business Retail Accounts from Immediate Area

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Three Core Pillars of Success

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Highly Empowered, High-Touch Local Bank Delivery

Deeply rooted local leadership and boards Local decision-making Invested in local expertise Local brands and independent charters Commitment to exceptional experience, relationship building and value added delivery at competitive prices

Extensive Resources for Revenue Enhancement

Expanded commercial and retail products with focus on government guaranteed lending and treasury management Extensive “value menu” inclusive of wealth management, investment, insurance, leasing, mortgage and consumer financing Unique approach to consultative relationship building Highly trained and experienced staff

Customer--Transparent Backroom Cost Savings

Leading edge technology Efficient back-office support Leverage expertise across all banks gaining economies of scale Utilize best practices

Solid Capital Ratios

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Small Business Loan Fund

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Application submitted Intend to pay off $81.7 million in TARP Vigorously pursuing loan growth Reduce the cost of non-common equity funding (TRUPS,TARP and other debt) currently fixed at 4.1% after tax

M & A

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Opportunities abound across entire footprint Focus on expansion in existing markets to build scale IRR > 15% Commitment to shareholders for accretive transactions Improved share price will facilitate acquisitions

Investment Attributes

Master strategy of balanced growth and profit Solid Midwest franchise balanced with a Western franchise, which will ultimately be the driver for growth Diverse geographic footprint reduces risk Decentralized separate charter model with strong parent oversight – especially credit Strong core pre-tax, pre-provision earnings Margin exceeding 4% for 8 consecutive quarters Never had a loss year 30 consecutive years of increased or level dividends 35% internal ownership. Focused on growing shareholder value

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Analyst Ratings





Coverage Guggenheim Securities Buy Jeff K. Davis Keefe Bruyette & Woods Inc. Market Perform Christopher McGratty Macquarie Group Neutral Stephen Scinicariello Raymond James Market Perform Daniel Cardenas RBC Capital Markets Corp. Sector Perform Jon Arfstrom Sandler O’Neill & Partners LP Hold Brad Milsaps Sidoti and Company Buy John Rowan Stifel Nicolaus & Company Buy Stephen Geyen

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Media Ratings

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ABA Banking Journal Banking's Top Performers 2011, April Issue – “Banks, Savings Institutions and BHCs with Assets Over $3 Billion”   Heartland ranked number 54 among 139 publicly-traded banks, thrifts and holding companies based on 2010 calendar year earnings.   Bank Director Magazine Bank Performance Scorecard, Third Quarter 2011 Issue   Heartland ranked number 105 among the 150 largest US publicly-traded banks and thrifts based on 2010 calendar year earnings.

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Financial Highlights

Financial Performance

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Loans Secured by Real Estate

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Dollars in Millions

As of June 30, 2011

Excluding Agriculture and Residential, owner-occupied = 61%

Non-Performing Assets/Total Assets

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Source: SNL Financial

3.61%

2.67%

Reducing Risk

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274%

151%

57%

Improved Deposit Mix

Total Deposits $0.72 Billion

12/31/98

6/30/11

Total Deposits $3.08 Billion

C.A.G.R. 12% Internal C.A.G.R. 11%

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Tangible Common Equity

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% % % % % % % % %

Income Recap

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Net Interest Margin

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Source: SNL Financial

4.23%

3.45%

Provision For Loan & Lease Losses

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Q1 $10.0

Q2 $3.9

Diversified Revenue Streams

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As of June 30, 2011



Noninterest income exclusive of security gains

Revenue Enhancement

Experienced, high-volume loan origination team of 59 employees Based in Phoenix, AZ and Dubuque, IA Expanding in legacy Heartland markets and non-legacy Heartland markets. Jeff Walton, President and CEO 26 years of mortgage industry experience Former Senior Managing Director of Bear Stearns Residential Mortgage

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Revenue Enhancement

Treasury Management Extensive array of automated treasury management tools provide strong value proposition comparable to larger financial institutions Stephanie Ihbe, Senior Vice President 29 years of payment and treasury management experience Certified Treasury Professional

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Revenue Enhancement

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Operating in seven of nine Heartland markets Expansion organically and via acquisition Sophisticated investment platform Focus on sales and enhancing the client experience

Net Income

$23.8

$19.0*

$6.4

*Net Income exclusive of goodwill impairment charge

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$25.4*

$14.4

Q1 $4.2

Q2 $10.2

Pre-Tax, Pre-Provision Earnings

Millions

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Efficiency Ratio

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Source: SNL Financial

% % % %

% % % %

%

67.33%

68.35%

Efficiency Ratio Analysis

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%

%

%

%

%

%

%

%

Investment Summary

Master strategy of balanced growth and profit Solid Midwest franchise complemented with a Western franchise, which will ultimately be the driver for growth Mix of Midwest and Western markets provides diversification of risk Strong, stable net interest margin Strong and growing sources of non-interest income Earnings have absorbed credit losses

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1398 Central Avenue Dubuque, IA 52001 563.589.2100 Trading Symbol | HTLF www.htlf.com