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New Mexico Bank & Trust Completes Acquisition of FNB New Mexico

NMB&T NEWS
New Mexico Bank & Trust, a wholly-owned subsidiary of Heartland Financial USA, Inc. (NASDAQ: HTLF), announced today that it completed its acquisition of FNB New Mexico at the close of business on Friday, February 19. FNB New Mexico is a wholly-owned subsidiary of FirstBank & Trust, headquartered in Lubbock, TX.
In connection with the closing, New Mexico Bank & Trust acquired six FNB New Mexico locations in New Mexico and assumed all deposits and liabilities of FNB New Mexico. They also acquired one branch from FirstBank & Trust located in Dalhart, Texas, assuming certain deposits and liabilities of FirstBank & Trust. The combination creates Heartland’s 3 ....

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Illinois Bank & Trust named Forbes Best Bank 2021

Illinois Bank & Trust named Forbes Best Bank 2021
Rockford Register Star
ROCKFORD Illinois Bank & Trust, through its parent company, Heartland Financial USA Inc., has been named a Forbes Best Bank 2021.
In its annual review of the largest publicly traded banks and thrifts, Forbes ranked Heartland 52nd among a nationwide group of 100 leading banking organizations with assets ranging from $9 billion to over $2 trillion.
To compile the rankings, Forbes used data collected by SNL Financial through the third
quarter of 2020 on the country’s largest publicly traded banks and thrifts. The data covered 10 metrics of financial health, including return on average equity, net interest margin, nonperforming loans as a percentage of loans, nonperforming assets as percentage of assets, reserves as a percentage of NPLs, two capital ratios and leverage ratio. Forbes generated its ranking based on an average of the individual ranks of each metric. ....

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Lambert receives TPM certification from U.S. Chamber of Commerce

Lambert receives TPM certification from U.S. Chamber of Commerce
A-J Media
The Lubbock Chamber recently announced that Angela Lambert, community development director, recently received her Talent Pipeline Management Certification from the U.S. Chamber of Commerce.
“I’m grateful to have trained with this national network of leaders and to be involved in the TPM movement,” Lambert said in a news release. “I’m looking forward to helping businesses build scalable, sustainable pipelines of talent through an authentically employer-led approach.”
The Talent Pipeline Management approach is a demand-driven strategy to create real career pathways for students and workers to align dynamic business needs. The TPM Academy, facilitated by the U.S. Chamber of Commerce Foundation, trains business, workforce, and economic development leaders to learn to drive partnerships with educators and employers based on industry need to aid in closing the skills gap. ....

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BARRY ORR ANNOUNCES RETIREMENT AS CEO OF FIRSTBANK & TRUST

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
BARRY ORR ANNOUNCES RETIREMENT AS CEO OF FIRSTBANK & TRUST
FirstBank & TrustJanuary 28, 2021 GMT
Lubbock, TX, Jan. 28, 2021 (GLOBE NEWSWIRE)
CEO, FirstBank & Trust
Greg Garland to be new CEO
FirstBank & Trust of Texas today announced the retirement of CEO Barry Orr, effective March 31, 2021. Mr. Orr is the organizer and founder of FirstBank & Trust, which will celebrate its 25th anniversary this year.
FirstBank & Trust, originally named FirstBank Lubbock Bancshares, opened in 1996 with $10 million in assets. By building relationships and serving the communities of West Texas, Mr. Orr led the growth of the bank to over $1 billion in assets before it was acquired by Heartland Financial, USA, Inc. (NASDAQ: HTLF) in 2018. After acquiring AimBank in December 2020, FirstBank & Trust has over $3 billion in assets and is the largest of Heartland’s 11 member banks ....

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Heartland Declares Dividend on Preferred Stock

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Heartland Declares Dividend on Preferred Stock
Heartland Financial USA, Inc.January 21, 2021 GMT
Dubuque, IA, Jan. 21, 2021 (GLOBE NEWSWIRE) Dubuque, IA, January 21, 2021 - Heartland Financial USA, Inc. (NASDAQ: HTLFP), today announced that it declared a dividend of $175.00 per share on its Series E Preferred Stock, which results in a dividend of $0.4375 per depositary share, to stockholders of record on March 31, 2021, for payment on April 15, 2021.
About Heartland Financial
About Heartland Financial USA, Inc. Heartland is a diversified financial services company and after completing the acquisition of AimBank and Johnson Bank’s four Arizona branches, which closed on December 4, 2020, Heartland has total assets of almost $18 billion. The Company provides banking, mortgage, private client, investment, treasury management, card services, and insurance to individu ....

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