Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Amounts used in the determination of basic and diluted earnings per share for the three-month periods ended March 31, 2015 and 2014, are shown in the table below:

	Three Months Ended March 31,
(Dollars and number of shares in thousands, except per share data)	2015			2014
Net income attributable to Heartland	$	15,709		$	6,890
Preferred dividends and discount	(204		)	(204		)
Net income available to common stockholders	$	15,505		$	6,686
Weighted average common shares outstanding for basic earnings per share	20,215			18,437
Assumed incremental common shares issued upon exercise of stock options and non-vested restricted stock units	278			288
Weighted average common shares for diluted earnings per share	20,493			18,725
Earnings per common share — basic	$	0.77		$	0.36
Earnings per common share — diluted	$	0.76		$	0.36
Number of antidilutive common stock equivalents excluded from diluted earnings per share computation	—			95

Summary of RSUs

A summary of the status of the RSUs as of March 31, 2015 and 2014, and changes during the three months ended March 31, 2015 and 2014, follows:

	2015				2014
	Shares		Weighted-Average Grant Date Fair Value		Shares		Weighted-Average Grant Date Fair Value
Outstanding at January 1	396,555		$	21.48	353,070		$	18.48
Granted	117,595		27.87		108,710		27.29
Vested	(126,847	)	16.66		(67,024	)	15.82
Forfeited	(2,531	)	23.82		(2,003	)	17.26
Outstanding at March 31	384,772		$	25.00	392,753		$	21.50

Schedule of Status of Stock Options

A summary of the status of the stock options as of March 31, 2015 and 2014, and changes during the three months ended March 31, 2015 and 2014, follows:

	2015				2014
	Shares		Weighted-Average Exercise Price		Shares		Weighted-Average Exercise Price
Outstanding at January 1	215,851		$	23.85	261,936		$	23.60
Granted	—		—		—		—
Exercised	(32,400	)	20.85		(5,000	)	19.13
Forfeited	(1,500	)	21.00		(5,500	)	26.88
Outstanding at March 31	181,951		$	24.37	251,436		$	23.62
Options exercisable at March 31	181,951		$	24.37	251,436		$	26.32