Headquartered in Somers, Iowa, Heartland Bank is a state-chartered bank with $256.1M in total assets and $203.7M in deposits as of Q2 2026. It operates 5 offices. Its charter dates back to 1901.
Based on its Q2 2026 filing, Heartland Bank scores 79/100, which we describe as strong. That is higher than 75% of 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 66th. Its strongest component is earnings (100/100; 2.17%), and its lowest is funding & liquidity (46/100; 104% loans-to-deposits, 24% uninsured).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
The score has been essentially flat from Q2 2025 to Q2 2026 (80 → 79).
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 77 |
| Q3 2024 | 73 |
| Q4 2024 | 81 |
| Q1 2025 | 80 |
| Q2 2025 | 80 |
| Q3 2025 | 75 |
| Q4 2025 | 67 |
| Q1 2026 | 78 |
| Q2 2026 | 79 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 11.76% |
| Q3 2024 | 12.11% |
| Q4 2024 | 12.24% |
| Q1 2025 | 12.21% |
| Q2 2025 | 12.55% |
| Q3 2025 | 12.46% |
| Q4 2025 | 12.68% |
| Q1 2026 | 13.13% |
| Q2 2026 | 13.23% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.62% |
| Q3 2024 | 1.08% |
| Q4 2024 | 0.33% |
| Q1 2025 | 0.50% |
| Q2 2025 | 0.52% |
| Q3 2025 | 0.91% |
| Q4 2025 | 1.88% |
| Q1 2026 | 0.91% |
| Q2 2026 | 0.81% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.88% |
| Q3 2024 | 1.86% |
| Q4 2024 | 1.91% |
| Q1 2025 | 2.20% |
| Q2 2025 | 2.29% |
| Q3 2025 | 2.20% |
| Q4 2025 | 2.18% |
| Q1 2026 | 2.41% |
| Q2 2026 | 2.17% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 79 | $256.1M | 13.23% | 0.81% | 2.17% | 104.2% |
| Q1 2026 | 78 | $264.8M | 13.13% | 0.91% | 2.41% | 103.5% |
| Q4 2025 | 67 | $267.5M | 12.68% | 1.88% | 2.18% | 107.5% |
| Q3 2025 | 75 | $265.2M | 12.46% | 0.91% | 2.20% | 106.8% |
| Q2 2025 | 80 | $249.0M | 12.55% | 0.52% | 2.29% | 102.5% |
| Q1 2025 | 80 | $246.4M | 12.21% | 0.50% | 2.20% | 98.3% |
| Q4 2024 | 81 | $253.1M | 12.24% | 0.33% | 1.91% | 100.7% |
| Q3 2024 | 73 | $245.5M | 12.11% | 1.08% | 1.86% | 101.2% |
| Q2 2024 | 77 | $242.9M | 11.76% | 0.62% | 1.88% | 98.6% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Iowa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| The Citizens First National Bank of Storm LakeBank Storm Lake, IA | 99 out of 100, Very strong | $256.5M | 15.9% | 0.03% | vs |
| Malvern BankBank Malvern, IA | 67 out of 100, Moderate | $253.2M | 8.9% | 0.37% | vs |
| Denver Savings BankBank Denver, IA | 71 out of 100, Strong | $250.6M | 10.8% | 0.05% | vs |
| Security Trust & Savings BankBank Storm Lake, IA | 70 out of 100, Strong | $266.4M | 10.4% | 0.78% | vs |
| Westside State BankBank Westside, IA | 51 out of 100, Below average | $268.7M | 8.8% | 1.57% | vs |
| Freedom Financial BankBank West Des Moines, IA | 68 out of 100, Moderate | $269.3M | 9.3% | 0.00% | vs |
Deposit insurance
Is my money safe at Heartland Bank?
Yes. Heartland Bank is an FDIC-insured institution (FDIC certificate #14809). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 23.8% of deposits ($48.6M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 13.23%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 16.25% (benchmark: 10%).
5 locations
Branches
Heartland Bank lists 5 offices in 5 cities. Most locations:
- Callender, IA (1)
- Gowrie, IA (1)
- Jefferson, IA (1)
- Manson, IA (1)
- Somers, IA (1)
Identity & history
Profile
- Legal name
- Heartland Bank
- Former names
- Somers Savings Bank
- Type
- State-chartered bank
- FDIC certificate #
- 14809
- RSSD ID
- 604547
- Primary regulator
- FDIC
- Holding company
- Somers Bcorp
- Established
- January 1, 1901
- Headquarters
- 615 6th Ave, Somers, IA 50586
- Website
- www.heartlandbanks.bank
- Employees
- 33
Quick answers
Heartland Bank: common questions
Is Heartland Bank FDIC insured?
Yes. Heartland Bank is an FDIC-insured institution (FDIC certificate #14809). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Heartland Bank's TellerScore?
79 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Heartland Bank ever failed?
There is no failure record for FDIC certificate #14809 in the FDIC failed bank list.
How many branches does Heartland Bank have?
5 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Somers
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Security Savings BankBank Gowrie, IA | 89 out of 100, Very strong | $193.7M | 13.2% | 0.04% | vs |
| Community State BankBank Paton, IA | 89 out of 100, Very strong | $41.4M | 20.2% | 0.00% | vs |
| Citizens Community Credit UnionCredit union Fort Dodge, IA | 88 out of 100, Very strong | $253.6M | 19.1% | 0.73% | vs |
| First State BankBank Webster City, IA | 81 out of 100, Strong | $674.3M | 12.4% | 0.12% | vs |
| United Bank of IowaBank Ida Grove, IA | 73 out of 100, Strong | $2.5B | 10.3% | 0.26% | vs |
| Northwest BankBank Spencer, IA | 70 out of 100, Strong | $3.0B | 10.1% | 0.23% | vs |