SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 1
TO
FORM 10-Q
(Exhibit 27.1 was omitted from the initial filing)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For quarterly period ended September 30, 1999
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For transition period __________ to __________
Commission File Number: 0-24724
HEARTLAND FINANCIAL USA, INC.
(Exact name of Registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
42-1405748
(I.R.S. employer identification number)
1398 Central Avenue, Dubuque, Iowa 52001
(Address of principal executive offices Zip Code)
(319) 589-2100
(Registrant's telephone number, including area code)
Indicate by check mark whether the Registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the Registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes X No
Indicate the number of shares outstanding of each of the
classes of Registrant's common stock as of the latest practicable
date: As of November 12, 1999, the Registrant had outstanding
9,584,783 shares of common stock, $1.00 par value per share.
<PAGE>
HEARTLAND FINANCIAL USA, INC.
Amendment No. 1 to Form 10-Q Quarterly Report
Table of Contents
Part II
Item 6. Exhibits and Reports on Form 8-K
Form 10-Q Signature Page
<PAGE>
PART II
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
Exhibits
27.1 Financial Data Schedule
Reports on Form 8-K
On August 26, 1999, the Company filed a Form 8-K under Item 5
regarding the pending acquisition of National Bancshares, Inc., a
New Mexico corporation.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned there unto duly authorized.
HEARTLAND FINANCIAL USA, INC.
(Registrant)
Principal Executive Officer
/s/ Lynn B. Fuller
-----------------------
By: Lynn B. Fuller
President
Principal Financial and
Accounting Officer
/s/ John K. Schmidt
-----------------------
By: John K. Schmidt
Executive Vice President
and Chief Financial Officer
Dated: November 15, 1999
<TABLE> <S> <C>
<ARTICLE> 9
<CIK> 0000920112
<NAME> HEARTLAND FINANCIAL USA, INC.
<MULTIPLIER> 1,000
<S> <C> <C>
<PERIOD-TYPE> 3-MOS 9-MOS
<FISCAL-YEAR-END> DEC-31-1999 DEC-31-1999
<PERIOD-END> SEP-30-1999 SEP-30-1999
<CASH> 30,496 30,496
<INT-BEARING-DEPOSITS> 7,929 7,929
<FED-FUNDS-SOLD> 8,700 8,700
<TRADING-ASSETS> 000 000
<INVESTMENTS-HELD-FOR-SALE> 201,876 201,876
<INVESTMENTS-CARRYING> 2,631 2,631
<INVESTMENTS-MARKET> 2,715 2,715
<LOANS> 793,372 793,372
<ALLOWANCE> (10,406) (10,406)
<TOTAL-ASSETS> 1,137,923 1,137,923
<DEPOSITS> 842,507 842,507
<SHORT-TERM> 135,701 135,701
<LIABILITIES-OTHER> 17,756 17,756
<LONG-TERM> 56,042 56,042
000 000
000 000
<COMMON> 9,707 9,707
<OTHER-SE> 76,210 76,210
<TOTAL-LIABILITIES-AND-EQUITY> 1,137,923 1,137,923
<INTEREST-LOAN> 16,189 43,215
<INTEREST-INVEST> 3,002 9,424
<INTEREST-OTHER> 275 566
<INTEREST-TOTAL> 19,466 53,205
<INTEREST-DEPOSIT> 7,978 22,475
<INTEREST-EXPENSE> 10,606 29,162
<INTEREST-INCOME-NET> 8,860 24,043
<LOAN-LOSSES> 680 1,976
<SECURITIES-GAINS> 45 762
<EXPENSE-OTHER> 11,802 32,517
<INCOME-PRETAX> 2,736 8,732
<INCOME-PRE-EXTRAORDINARY> 2,005 6,217
<EXTRAORDINARY> 000 000
<CHANGES> 000 000
<NET-INCOME> 2,005 6,217
<EPS-BASIC> .21 .65
<EPS-DILUTED> .20 .64
<YIELD-ACTUAL> 3.69 3.63
<LOANS-NON> 1,349 1,349
<LOANS-PAST> 256 256
<LOANS-TROUBLED> 000 000
<LOANS-PROBLEM> 000 000
<ALLOWANCE-OPEN> 9,171 7,945
<CHARGE-OFFS> (161) (373)
<RECOVERIES> 51 193
<ALLOWANCE-CLOSE> 10,406 10,406
<ALLOWANCE-DOMESTIC> 6,389 6,389
<ALLOWANCE-FOREIGN> 000 000
<ALLOWANCE-UNALLOCATED> 4,017 4,017
</TABLE>
