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Q2 2026 · read from the 30 June 2026 Call Report · United States · Great Lakes · Illinois, the state note

Heartland Bank & Trust Co.

Bloomington, Illinois · $6.72B in assets · beside the 11 other Illinois banks between $3B and $10B

The filing

46.8%
CRE / loans
12th of 12
+42.0%
Loans, year over year
1st of 12, largest first
6.7x
Coverage of noncurrent
1st of 11

Heartland Bank & Trust Co. is the sixth largest of the 12 Illinois banks nearest its size between $3B and $10B, with $6.72B in assets at 30 June 2026. Loans are 82.3% of deposits, 5th of 12 against a median of 86.6%, and equity is 13.1% of assets, 2nd of 11. Loans grew +42.0% in the year, the fastest in the cohort, and deposits grew 33.1%; the cohort's median loan growth is +9.2%.

Noncurrent loans are 0.19% of the book, 3rd of 12 against a median of 0.55%; 0.38% is 30 to 89 days past due, and the allowance covers them 6.7 times. Commercial real estate is 46.8% of loans, the highest in the cohort against a median of 27.7%, and 262% of capital, below the 300% screen, with construction at 51% against the 100% screen.

Return on assets is 1.31%, 8th of 11 against a median of 1.48%, on an efficiency ratio of 59.7%, 8th of 11. Five years ago it was 1.58%. The question is what the concentration does under a commercial real estate stress, and how much of it is owner-occupied (owner-occupied nonresidential is 10.7% of loans).

Commercial real estate, share of loansIL banks $3B to $10B · 30 June 2026 · lower is stronger, listed first
median 27.7% SB State Bank of India 0.0% BB Barrington Bank & Trust Co. N.A. 14.5% LF Lake Forest Bank & Trust Co. N.A. 15.4% WB Wheaton Bank & Trust N.A. 15.5% HB Hinsdale Bank & Trust Co. N.A. 21.2% NB Northbrook Bank & Trust Co. N.A. 23.5% OS Old Second National Bank 31.9% FA First American Bank 32.6% FM First Mid Bank & Trust N.A. 41.0% MC Morton Community Bank 42.5% MS Midland States Bank 44.6% HB Heartland Bank & Trust Co. 46.8%
Loans, year over yearIL banks $3B to $10B · 30 June 2026 · no better direction, largest first
median +9.2% HB Heartland Bank & Trust Co. +42.0% OS Old Second National Bank +31.1% FM First Mid Bank & Trust N.A. +20.2% HB Hinsdale Bank & Trust Co. N.A. +16.0% WB Wheaton Bank & Trust N.A. +10.5% FA First American Bank +9.4% NB Northbrook Bank & Trust Co. N.A. +9.0% SB State Bank of India +7.2% LF Lake Forest Bank & Trust Co. N.A. +6.2% BB Barrington Bank & Trust Co. N.A. +5.6% MC Morton Community Bank -0.8% MS Midland States Bank -16.2%

SBA 7(a), FY2008 to FY2026

Heartland Bank & Trust Co. is the 30th largest 7(a) lender into Illinois of 537, with $109M across 312 loans, 0.7% of everything approved in the state (Byline Bank leads with $2.39B). 38 of its 40 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Illinois, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Sangamon, IL$20M5th of 617.9%quiet FY2022
Mclean, IL$18M2nd of 6312.5%quiet FY2022
Cook, IL$13M71st of 2820.2%quiet FY2016
Lake, IL$10M25th of 1600.9%quiet FY2015
Tazewell, IL$7M6th of 506.1%quiet FY2018
Peoria, IL$7M8th of 644.2%quiet FY2017
Logan, IL$6M2nd of 1320.0%quiet FY2019
Dekalb, IL$5M4th of 555.4%quiet FY2011
Kane, IL$4M46th of 1410.5%thin
Dupage, IL$3M90th of 1880.1%quiet FY2015
Dewitt, IL$2M1st of 826.6%quiet FY2015
Saint Louis, MO$2M92nd of 1780.2%quiet FY2022
Will, IL$2M59th of 1450.3%quiet FY2015
27 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Retail trade47$17M14.8%0.03%348th of 2,589
Manufacturing26$16M14.4%0.04%338th of 2,246
Accommodation & food services56$14M12.7%0.02%469th of 2,596
Wholesale trade11$11M9.9%0.04%277th of 1,651
Construction33$11M9.5%0.03%353rd of 2,063
7(a) lenders into Illinois, share of approvals since FY2008537 lenders on record; the ten largest and Heartland Bank
BB Byline Bank 15.8% $2.39B · 2,427 loans TH The Huntington National Bank 6.2% $942M · 4,109 loans UB U.S. Bank, National Association 4.6% $694M · 2,828 loans JC JPMorgan Chase Bank, National Ass… 4.4% $660M · 4,997 loans LO Live Oak Banking Company 4.0% $607M · 489 loans VB Village Bank and Trust, National … 2.6% $396M · 826 loans MB Millennium Bank 2.4% $366M · 195 loans BB Busey Bank 2.1% $317M · 323 loans WF Wells Fargo Bank National Associa… 1.7% $250M · 513 loans FT Fifth Third Bank 1.6% $244M · 721 loans HB Heartland Bank and Trust Company 0.7% $109M · 312 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; owner-occupied excluded; bold marks a screen met
Heartland BankRankCohort median
Total CRE against capital, the 300% screen262%10th of 11178%
Construction against capital, the 100% screen51%10th of 1134%
Construction and land development, share of loans9.0%11th of 125.2%
Non-owner-occupied nonfarm nonresidential, share of loans23.7%9th of 1114.3%
Total CRE, the guidance definition, share of loans46.8%12th of 1227.7%
CRE growth over 36 months, the third prong+39.6%5th of 11+42.6%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Lake Forest Bank & Trust Co. N.A.$9.25B2.0%42.4%0.34%0.03%0.8%94.9%9.5%
First Mid Bank & Trust N.A.$9.14B1.1%61.4%0.58%0.08%1.3%90.8%11.8%
First American Bank$8.63B1.5%59.6%0.60%-0.01%1.4%61.0%8.1%
Old Second National Bank$6.86B1.7%50.7%1.08%0.72%1.3%96.0%13.5%
Hinsdale Bank & Trust Co. N.A.$6.80B1.4%36.8%0.16%0.00%0.7%90.0%10.1%
Heartland Bank & Trust Co.$6.72B1.3%59.7%0.19%0.03%1.3%82.3%13.1%
Midland States Bank$6.69B1.2%60.6%1.43%0.90%1.5%74.3%9.2%
Northbrook Bank & Trust Co. N.A.$6.37B1.5%29.5%0.27%0.11%0.6%83.2%8.3%
Morton Community Bank$5.35B1.6%52.3%0.81%0.33%1.1%75.0%9.4%
Barrington Bank & Trust Co. N.A.$5.17B1.3%68.4%4.75%0.08%0.6%94.2%10.2%
Wheaton Bank & Trust N.A.$4.79B1.6%32.6%0.53%0.17%0.5%78.0%8.8%
State Bank of India$4.32Bno recordno record0.00%no recordno record124.3%no record
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
Heartland BankCohort median
20212026Change20212026Change
Loans$2.16B$4.76B+120%$2.58B$4.36B+69%
Deposits$3.46B$5.78B+67%$3.52B$5.51B+57%
NPA / loans0.34%0.19%-0.15 pts0.52%0.55%+0.04 pts
Efficiency54.3%59.7%+5.4 pts57.3%52.3%-5.0 pts
ROA1.58%1.31%-0.27 pts1.38%1.48%+0.11 pts

This read was prepared for Heartland Bank & Trust Co.'s board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on Heartland Bank & Trust Co. is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort IL banks $3B to $10B
Institution www.hbtbank.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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