Heartland Reports Annual Earnings and Fourth Quarter Results as of 12/31/20
Dubuque, IA, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Highlights § Quarterly net income available to common stockholders of $37.8 million or $0.98 per diluted common share § Annual net income available to common stockholders of $133.5 million or $3.57 per diluted common share § Net interest margin of 3.51%, fully tax-equivalent (non-GAAP)(1) of 3.55% for the fourth quarter § Efficiency ratio (non-GAAP)(1) for the fourth quarter of 2020 of 54.93% and 56.65% for the year § Nonperforming assets as a percentage of total assets of 0.53% and net charge-offs for the quarter of $216,000 § Completed the acquisition of AimBank, Heartland's largest acquisition to date, which had assets at fai
