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REGULATORY CAPITAL REQUIREMENTS AND RESTRICTIONS ON SUBSIDIARY DIVIDENDS
 12 Months Ended
Dec. 31, 2020
Federal Home Loan Banks [Abstract]  
REGULATORY CAPITAL REQUIREMENTS AND RESTRICTIONS ON SUBSIDIARY DIVIDENDS
REGULATORY CAPITAL REQUIREMENTS AND RESTRICTIONS ON SUBSIDIARY DIVIDENDS

The Heartland banks are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Heartland banks’ financial statements. The regulations prescribe specific capital adequacy guidelines that involve quantitative measures of a bank’s assets, liabilities and certain off balance sheet items as calculated under regulatory accounting practices. Capital classification is also subject to qualitative judgments by the regulators about components, risk weightings and other factors.

Quantitative measures established by regulation to ensure capital adequacy require the Heartland banks to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined).

The requirements to be categorized as well-capitalized under the Tier 1 leverage capital ratio is 4% for all banks. The minimum requirement to be well-capitalized for the Tier 1 risk-based capital ratio is 8%. The total risk-based capital ratio minimum requirement to be well-capitalized remained is 10%. Management believes, as of December 31, 2020 and 2019, that the Heartland banks met all capital adequacy requirements to which they were subject.

As of December 31, 2020 and 2019, the FDIC categorized each of the Heartland banks as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Heartland banks must maintain minimum total risk-based, Tier 1 risk-based, Tier 1 common equity and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since December 31, 2020, that management believes have changed each institution’s category.

The Heartland banks’ actual capital amounts and ratios are also presented in the tables below, in thousands:
 Actual
For Capital
Adequacy Purposes
To Be Well Capitalized Under Prompt Corrective Action Provisions
 AmountRatioAmountRatioAmountRatio
As of December 31, 2020      
Total Capital (to Risk-Weighted Assets)      
Consolidated$1,739,048 14.71 %$945,523 8.00 % N/A 
Dubuque Bank and Trust Company177,782 13.94 102,018 8.00 $127,523 10.00 %
Illinois Bank & Trust133,674 13.13 81,432 8.00 101,790 10.00 
Wisconsin Bank & Trust121,899 14.35 67,956 8.00 84,945 10.00 
New Mexico Bank & Trust177,708 13.40 106,120 8.00 132,649 10.00 
Arizona Bank & Trust112,589 12.16 74,056 8.00 92,571 10.00 
Rocky Mountain Bank56,872 13.49 33,732 8.00 42,166 10.00 
Citywide Banks258,419 15.30 135,097 8.00 168,871 10.00 
Minnesota Bank & Trust85,566 13.11 52,206 8.00 65,258 10.00 
Bank of Blue Valley 157,093 17.40 72,240 8.00 90,300 10.00 
Premier Valley Bank93,032 12.62 58,968 8.00 73,710 10.00 
First Bank & Trust304,397 15.34 158,705 8.00 198,381 10.00 
Tier 1 Capital (to Risk-Weighted Assets)
Consolidated$1,401,131 11.85 %$709,142 6.00 % N/A
Dubuque Bank and Trust Company164,316 12.89 76,514 6.00 $102,018 8.00 %
Illinois Bank & Trust121,513 11.94 61,074 6.00 81,432 8.00 
Wisconsin Bank & Trust111,985 13.18 50,967 6.00 67,956 8.00 
New Mexico Bank & Trust161,750 12.19 79,590 6.00 106,120 8.00 
Arizona Bank & Trust102,882 11.11 55,542 6.00 74,056 8.00 
Rocky Mountain Bank51,597 12.24 25,299 6.00 33,732 8.00 
Citywide Banks237,295 14.05 101,323 6.00 135,097 8.00 
Minnesota Bank & Trust78,661 12.05 39,155 6.00 52,206 8.00 
Bank of Blue Valley145,795 16.15 54,180 6.00 72,240 8.00 
Premier Valley Bank85,456 11.59 44,226 6.00 58,968 8.00 
First Bank & Trust279,521 14.09 119,029 6.00 158,705 8.00 
 Actual
For Capital
Adequacy Purposes
To Be Well Capitalized Under Prompt Corrective Action Provisions
 AmountRatioAmountRatioAmountRatio
As of December 31, 2020      
Common Equity Tier 1 (to Risk-Weighted Assets)
Consolidated$1,290,426 10.92 %$531,857 4.50 %N/A
Dubuque Bank and Trust Company164,316 12.89 57,385 4.50 $82,890 6.50 %
Illinois Bank & Trust121,513 11.94 45,806 4.50 66,164 6.50 
Wisconsin Bank & Trust111,985 13.18 38,225 4.50 55,214 6.50 
New Mexico Bank & Trust161,750 12.19 59,692 4.50 86,222 6.50 
Arizona Bank & Trust102,882 11.11 41,657 4.50 60,171 6.50 
Rocky Mountain Bank51,597 12.24 18,974 4.50 27,408 6.50 
Citywide Banks237,295 14.05 75,992 4.50 109,766 6.50 
Minnesota Bank & Trust78,661 12.05 29,366 4.50 42,418 6.50 
Bank of Blue Valley145,795 16.15 40,635 4.50 58,695 6.50 
Premier Valley Bank85,456 11.59 33,170 4.50 47,912 6.50 
First Bank & Trust279,521 14.09 89,271 4.50 128,948 6.50 
Tier 1 Capital (to Average Assets)
Consolidated$1,401,131 9.02 %$621,275 4.00 %N/A
Dubuque Bank and Trust Company164,316 8.52 77,150 4.00 $96,437 5.00 %
Illinois Bank & Trust121,513 8.22 59,129 4.00 73,912 5.00 
Wisconsin Bank & Trust111,985 9.67 46,337 4.00 57,921 5.00 
New Mexico Bank & Trust161,750 8.11 79,764 4.00 99,705 5.00 
Arizona Bank & Trust102,882 9.09 45,295 4.00 56,619 5.00 
Rocky Mountain Bank51,597 8.41 24,552 4.00 30,690 5.00 
Citywide Banks237,295 9.67 98,182 4.00 122,728 5.00 
Minnesota Bank & Trust78,661 8.68 36,251 4.00 45,313 5.00 
Bank of Blue Valley145,795 10.93 53,343 4.00 66,679 5.00 
Premier Valley Bank85,456 8.57 39,893 4.00 49,866 5.00 
First Bank & Trust279,521 17.63 63,407 4.00 79,259 5.00 

 Actual
For Capital
Adequacy Purposes
To Be Well Capitalized Under Prompt Corrective Action Provisions
 AmountRatioAmountRatioAmountRatio
As of December 31, 2019      
Total Capital (to Risk-Weighted Assets)      
Consolidated$1,388,511 13.75 %$807,881 8.00 % N/A 
Dubuque Bank and Trust Company168,959 14.55 92,872 8.00 $116,090 10.00 %
Illinois Bank & Trust107,678 10.54 81,731 8.00 102,164 10.00 
Wisconsin Bank & Trust117,355 14.13 66,431 8.00 83,039 10.00 
New Mexico Bank & Trust157,555 12.33 102,193 8.00 127,741 10.00 
Arizona Bank & Trust75,498 11.19 53,982 8.00 67,477 10.00 
Rocky Mountain Bank53,266 13.80 30,868 8.00 38,585 10.00 
Citywide Banks240,735 13.88 138,704 8.00 173,380 10.00 
Minnesota Bank & Trust76,400 13.50 45,260 8.00 56,575 10.00 
Bank of Blue Valley145,256 14.50 80,153 8.00 100,191 10.00 
Premier Valley Bank91,257 13.21 55,273 8.00 69,091 10.00 
First Bank & Trust109,545 14.11 62,128 8.00 77,660 10.00 
 Actual
For Capital
Adequacy Purposes
To Be Well Capitalized Under Prompt Corrective Action Provisions
 AmountRatioAmountRatioAmountRatio
As of December 31, 2019      
Tier 1 Capital (to Risk-Weighted Assets) 
Consolidated$1,243,582 12.31 %$605,911 6.00 % N/A
Dubuque Bank and Trust Company159,579 13.75 69,654 6.00 $92,872 8.00 %
Illinois Bank & Trust103,011 10.08 61,298 6.00 81,731 8.00 
Wisconsin Bank & Trust109,939 13.24 49,824 6.00 66,431 8.00 
New Mexico Bank & Trust148,227 11.60 76,645 6.00 102,193 8.00 
Arizona Bank & Trust69,648 10.32 40,486 6.00 53,982 8.00 
Rocky Mountain Bank48,692 12.62 23,151 6.00 30,868 8.00 
Citywide Banks231,085 13.33 104,028 6.00 138,704 8.00 
Minnesota Bank & Trust70,235 12.41 33,945 6.00 45,260 8.00 
Bank of Blue Valley140,195 13.99 60,115 6.00 80,153 8.00 
Premier Valley Bank87,335 12.64 41,455 6.00 55,273 8.00 
First Bank & Trust104,914 13.51 46,596 6.00 62,128 8.00 
Common Equity Tier 1 (to Risk Weighted Assets)
Consolidated $1,098,428 10.88 %$454,433 4.50 %N/A
Dubuque Bank and Trust Company159,579 13.75 52,241 4.50 $75,459 6.50 %
Illinois Bank & Trust103,011 10.08 45,974 4.50 66,407 6.50 
Wisconsin Bank & Trust109,939 13.24 37,368 4.50 53,976 6.50 
New Mexico Bank & Trust148,227 11.60 57,484 4.50 83,032 6.50 
Arizona Bank & Trust69,648 10.32 30,365 4.50 43,860 6.50 
Rocky Mountain Bank48,692 12.62 17,363 4.50 25,080 6.50 
Citywide Banks231,085 13.33 78,021 4.50 112,697 6.50 
Minnesota Bank & Trust70,235 12.41 25,459 4.50 36,774 6.50 
Bank of Blue Valley140,195 13.99 45,086 4.50 65,124 6.50 
Premier Valley Bank87,335 12.64 31,091 4.50 44,909 6.50 
First Bank & Trust104,914 13.51 34,947 4.50 50,479 6.50 
Tier 1 Capital (to Average Assets)
Consolidated$1,243,582 10.10 %$492,725 4.00 % N/A
Dubuque Bank and Trust Company159,579 9.83 64,961 4.00 $81,202 5.00 %
Illinois Bank & Trust103,011 10.26 40,144 4.00 50,180 5.00 
Wisconsin Bank & Trust109,939 10.76 40,863 4.00 51,078 5.00 
New Mexico Bank & Trust148,227 9.11 65,076 4.00 81,345 5.00 
Arizona Bank & Trust69,648 9.87 28,235 4.00 35,293 5.00 
Rocky Mountain Bank48,692 9.22 21,132 4.00 26,415 5.00 
Citywide Banks231,085 10.66 86,732 4.00 108,416 5.00 
Minnesota Bank & Trust70,235 10.51 26,740 4.00 33,426 5.00 
Bank of Blue Valley140,195 11.07 50,638 4.00 63,297 5.00 
Premier Valley Bank87,335 10.43 33,487 4.00 41,859 5.00 
First Bank & Trust104,914 10.25 40,941 4.00 51,177 5.00 

The ability of Heartland to pay dividends to its stockholders is dependent upon dividends paid by its subsidiaries. The Heartland banks are subject to certain statutory and regulatory restrictions on the amount they may pay in dividends. To maintain acceptable capital ratios for the Banks, certain portions of their retained earnings are not available for the payment of dividends. Retained earnings that could be available for the payment of dividends to Heartland totaled approximately $736.5 million as of December 31, 2020, under the most restrictive minimum capital requirements. Retained earnings that could be available for the payment of dividends to Heartland totaled approximately $500.9 million as of December 31, 2020, under the capital requirements to remain well capitalized.