Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Amounts used in the determination of basic and diluted earnings per share for the three months ended March 31, 2016 and 2015, are shown in the table below:

	Three Months Ended March 31, 2016
(Dollars and number of shares in thousands, except per share data)	2016			2015
Net income attributable to Heartland	$	20,009		$	15,709
Preferred dividends	(168		)	(204		)
Net income available to common stockholders	$	19,841		$	15,505
Weighted average common shares outstanding for basic earnings per share	23,657			20,215
Assumed incremental common shares issued upon exercise of stock options and non-vested restricted stock units	460			278
Weighted average common shares for diluted earnings per share	24,117			20,493
Earnings per common share — basic	$	0.84		$	0.77
Earnings per common share — diluted	$	0.82		$	0.76
Number of antidilutive common stock equivalents excluded from diluted earnings per share computation	57			—

Summary of Status of RSUs

A summary of the RSUs outstanding as of March 31, 2016 and 2015, and changes during the three months ended March 31, 2016 and 2015, follows:

	2016				2015
	Shares		Weighted-Average Grant Date Fair Value		Shares		Weighted-Average Grant Date Fair Value
Outstanding at January 1	353,195		$	25.53	396,555		$	21.48
Granted	119,718		29.05		117,595		27.87
Vested	(83,982	)	20.79		(126,847	)	16.66
Forfeited	(2,078	)	27.17		(2,531	)	23.82
Outstanding at March 31	386,853		$	27.53	384,772		$	25.00

Summary of Status of Stock Options

A summary of the stock options outstanding as of March 31, 2016 and 2015, and changes during the three months ended March 31, 2016 and 2015, follows:

	2016				2015
	Shares		Weighted-Average Exercise Price		Shares		Weighted-Average Exercise Price
Outstanding at January 1	125,950		$	24.08	215,851		$	23.85
Granted	—		—		—		—
Exercised	(19,750	)	21.60		(32,400	)	20.85
Forfeited	(1,250	)	21.60		(1,500	)	21.00
Outstanding at March 31	104,950		$	24.58	181,951		$	24.37
Options exercisable at March 31	104,950		$	24.58	181,951		$	24.37