Basis of Presentation (Tables)

6 Months Ended

Jun. 30, 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- and six-month periods ended June 30, 2016 and 2015, are shown in the table below:

	Three Months Ended June 30, 2016
(Dollars and number of shares in thousands, except per share data)	2016			2015
Net income attributable to Heartland	$	20,970		$	15,160
Preferred dividends and discount	(52		)	(204		)
Interest expense on convertible preferred debt	31			—
Net income available to common stockholders	$	20,949		$	14,956
Weighted average common shares outstanding for basic earnings per share	24,524			20,599
Assumed incremental common shares issued upon exercise of stock options and non-vested restricted stock units	451			278
Weighted average common shares for diluted earnings per share	24,975			20,877
Earnings per common share — basic	$	0.85		$	0.73
Earnings per common share — diluted	$	0.84		$	0.72
Number of antidilutive common stock equivalents excluded from diluted earnings per share computation	—			—
	Six Months Ended June 30, 2016
(Dollars and number of shares in thousands, except per share data)	2016			2015
Net income attributable to Heartland	$	40,979		$	30,869
Preferred dividends	(220		)	(408		)
Interest expense on convertible preferred debt	31			—
Net income available to common stockholders	$	40,790		$	30,461
Weighted average common shares outstanding for basic earnings per share	24,093			20,408
Assumed incremental common shares issued upon exercise of stock options and non-vested restricted stock units	448			274
Weighted average common shares for diluted earnings per share	24,541			20,682
Earnings per common share — basic	$	1.69		$	1.49
Earnings per common share — diluted	$	1.66		$	1.47
Number of antidilutive common stock equivalents excluded from diluted earnings per share computation	—			—

Summary of Status of RSUs

A summary of the RSUs outstanding as of June 30, 2016 and 2015, and changes during the six months ended June 30, 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	141,721		29.79		139,943		28.90
Vested	(117,898	)	23.40		(151,681	)	17.98
Forfeited	(10,892	)	27.13		(11,198	)	25.14
Outstanding at June 30	366,126		$	27.60	373,619		$	25.55

Summary of Status of Stock Options

A summary of the stock options outstanding as of June 30, 2016 and 2015, and changes during the six months ended June 30, 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	(35,000	)	23.53		(56,650	)	22.85
Forfeited	(1,500	)	21.10		(2,250	)	23.88
Outstanding at June 30	89,450		$	24.34	156,951		$	24.18
Options exercisable at June 30	89,450		$	24.34	156,951		$	24.18