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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
INTEREST INCOME:      
Interest and fees on loans and leases $ 164,702 $ 156,499 $ 149,603
Interest on securities:      
Taxable 21,501 22,129 28,195
Nontaxable 13,295 10,698 13,935
Interest on federal funds sold 1 4 3
Interest on interest bearing deposits in other financial institutions 12 8 1
TOTAL INTEREST INCOME 199,511 189,338 191,737
INTEREST EXPENSE:      
Interest on deposits 19,968 22,230 29,224
Interest on short-term borrowings 808 818 893
Interest on other borrowings (includes $2,069 of interest expense related to derivatives reclassified from accumulated other comprehensive income for the year ended December 31, 2013) 14,907 16,134 16,226
TOTAL INTEREST EXPENSE 35,683 39,182 46,343
NET INTEREST INCOME 163,828 150,156 145,394
Provision for loan and lease losses 9,697 8,202 29,365
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES 154,131 141,954 116,029
NONINTEREST INCOME:      
Service charges and fees 17,660 15,242 14,303
Loan servicing income 14,413 11,300 5,932
Trust fees 11,708 10,478 9,856
Brokerage and insurance commissions 4,561 3,702 3,511
Securities gains, net (includes $7,121 of net security gains reclassified from accumulated other comprehensive income for the year ended December 31, 2013) 7,121 13,998 13,104
Gain on trading account securities 1,421 47 89
Impairment loss on securities 0 (981) 0
Gains on sale of loans held for sale 27,430 49,198 11,366
Valuation adjustment on mortgage servicing rights 496 (477) (19)
Income on bank owned life insurance 1,555 1,442 1,349
Other noninterest income 3,253 4,713 86
TOTAL NONINTEREST INCOME 89,618 108,662 59,577
NONINTEREST EXPENSES:      
Salaries and employee benefits 118,224 105,727 75,537
Occupancy 13,459 10,629 9,363
Furniture and equipment 8,040 6,326 5,636
Professional fees 17,532 15,338 12,567
FDIC insurance assessments 3,544 3,292 3,777
Advertising 5,294 5,294 4,292
Intangible assets amortization 1,063 562 572
Net loss on repossessed assets 7,244 9,969 9,807
Other noninterest expenses 22,161 26,244 15,745
TOTAL NONINTEREST EXPENSES 196,561 183,381 137,296
Income before income taxes 47,188 67,235 38,310
Income taxes (includes $1,884 of income tax expense reclassified from accumulated other comprehensive income for the year ended December 31, 2013) 10,335 17,384 10,302
NET INCOME 36,853 49,851 28,008
Net (income) loss available to noncontrolling interest, net of tax (64) (59) 36
NET INCOME ATTRIBUTABLE TO HEARTLAND 36,789 49,792 28,044
Preferred dividends and discount (1,093) (3,400) (7,640)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 35,696 $ 46,392 $ 20,404
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) $ 2.08 $ 2.81 $ 1.24
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) $ 2.04 $ 2.77 $ 1.23
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.40 $ 0.50 $ 0.40