Heartland Bancorp (Heartland Bancorp) Scaled Net Operating Assets : 0.01 (As of Jun. 2023)

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What is Heartland Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Heartland Bancorp's operating assets for the quarter that ended in Jun. 2023 was $1,591.34 Mil. Heartland Bancorp's operating liabilities for the quarter that ended in Jun. 2023 was $1,580.34 Mil. Heartland Bancorp's Total Assets for the quarter that ended in Mar. 2023 was $1,765.09 Mil. Therefore, Heartland Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.01.

Heartland Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Heartland Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(1846.533	-	1665.649)	/	1663.126
=	0.11

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1883.215	-	36.682
=	1846.533

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1720.683	-	55.034	-	0
=	1665.649

Heartland Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(1591.338	-	1580.34)	/	1765.09
=	0.01

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1805.69	-	214.352
=	1591.338

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1654.553	-	74.213	-	0
=	1580.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Heartland Bancorp (Heartland Bancorp) Business Description

Industry

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Traded in Other Exchanges

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Address

430 North Hamilton Road, Whitehall, OH, USA, 43213

Website

https://www.heartland.bank

Heartland Bancorp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiaries, Heartland Bank (the Bank) and TransCounty Title Agency, LLC. The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in central Ohio and northern Kentucky. The majority of the company's revenues come from interest and dividend income on loans, investment securities, and other financial instruments.