Heartland BancCorp announced consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net interest income of $6,126,121 compared to $5,493,650 a year ago. Net interest income after provision for loan losses was $5,901,121 compared to $18,819,618 a year ago. Income before income tax was $2,273,310 compared to $1,824,479 a year ago. Net income was $1,656,085 or $1.05 per diluted share compared to $1,404,109 or $0.90 per diluted share a year ago.

For the year, the company reported net interest income of $ 22,846,987 compared to $20,789,618 a year ago. Net interest income after provision for loan losses was $21,591,987 compared to $21,591,987 a year ago. Income before income tax was $8,366,578 compared to $6,887,435 a year ago. Net income was $6,081,214 or $3.87 per diluted share compared to $5,216,160 or $3.34 per diluted share a year ago. Book value per share as at December 31, 2014 was $39.05 compared to $35.00 a year ago. Tangible book value per common shares as at December 31, 2014 was $38.79 compared to $34.73 a year ago.

The company announced that it's board of directors declared cash dividend for the fourth quarter of 2014 of $0.3547 per share. The dividend will be payable on April 10, 2015 to shareholders of record March 25, 2015.