Heartland BancCorp. announced its board of directors declared a regular quarterly cash dividend of $0.3724 per share. The dividend will be payable on April 10, 2016, to shareholders of record as of March 25, 2016.

The company reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported total interest income of $7,480,854 against $6,891,928 a year ago. Net interest income was $6,589,824 against $6,383,434 a year ago. Net interest income after provision for loan losses was $6,469,824 against $5,901,121 a year ago. Income before income tax was $3,589,065 against $2,273,310 a year ago. Net income was $2,808,819 or $1.77 per diluted share against $1,656,085 or $1.05 per diluted share a year ago. Return on average assets was 1.59% compared to 1.04% a year ago. Return on average equity was 17.51% compared to 11.22% a year ago. Book value per common share was $42.67 against $39.05 a year ago. Tangible book value per common share was $42.40 against $38.79 a year ago.

For the year, the company reported total interest income of $28,754,809 against $25,698,345 a year ago. Net interest income was $25,448,933 against $22,846,987 a year ago. Net interest income after provision for loan losses was $24,688,933 against $21,591,987 a year ago. Income before income tax was $11,083,267 against $8,366,578 a year ago. Net income was $8,127,700 or $5.13 per diluted share against $6,081,214 or $3.87 per diluted share a year ago. Return on average assets was 1.18% compared to 0.99% a year ago. Return on average equity was 12.91% compared to 10.57% a year ago.

For the quarter, the company's net charge-offs were $54,000 compared to $238,000 in the fourth quarter a year ago.