# EDGAR Filing Document

**Accession Number:** 0000920112
**File Stem:** 0000920112-23-000011
**Filing Date:** 2023-1
**Character Count:** 12203
**Document Hash:** b58270fb2032a0488611862a4501d53a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000920112-23-000011.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0000920112-23-000011

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20230120

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HEARTLAND FINANCIAL USA INC
- **CENTRAL INDEX KEY:** 0000920112
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 421405748
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-15393
- **FILM NUMBER:** 23540359

**BUSINESS ADDRESS:**
- **STREET 1:** 1800 LARIMER STREET
- **STREET 2:** SUITE 1800
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 5635892100

**MAIL ADDRESS:**
- **STREET 1:** 700 LOCUST STREET
- **STREET 2:** FOURTH FLOOR
- **CITY:** DUBUQUE
- **STATE:** IA
- **ZIP:** 52001

?xml version="1.0" ? htlf-20230120

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 of 15(d) of The Securities Exchange Act of 1934**

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| | |
|:---|:---|
| **Date of Report (Date of earliest event reported)** | **January 20, 2023** |

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**Heartland Financial USA, Inc.** 

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| | |
|:---|:---|
| **Commission File Number:** | **001-15393** |

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(Exact name of Registrant as specified in its charter)

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| | |
|:---|:---|
| **Delaware** | **42-1405748** |
| (State or other jurisdiction of incorporation)&nbsp;&nbsp;&nbsp;&nbsp; | (I.R.S. Employer Identification Number) |

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| | | |
|:---|:---|:---|
| **1800 Larimer Street** | **1800 Larimer Street** | **1800 Larimer Street** |
| **Suite 1800** | **Suite 1800** | **Suite 1800** |
| **Denver,** | **Colorado** | **80202** |

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(Address of principal executive offices, including zip code)

**(303) 285-9200** 

(Registrant's telephone number, including area code)

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| | | |
|:---|:---|:---|
| **1398 Central Avenue** | **1398 Central Avenue** | **1398 Central Avenue** |
| **Dubuque,** | **Iowa** | **52001** |

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(Former address)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2 below):

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

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| | | |
|:---|:---|:---|
| **<u>Title of each class</u>** | **<u>Trading Symbol</u>** | **<u>Name of each exchange on which registered</u>** |
| Common Stock, par value $1.00 per share | HTLF | Nasdaq Stock Market |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure

On January 20, 2023, Heartland Financial USA, Inc. (NASDAQ: HTLF) announced that its Board of Directors had approved a quarterly cash dividend of $0.30 per share of the company's common stock, an increase of $0.02 or 7 percent from the previous quarter, to stockholders of record on February 10, 2023, for payment on February 28, 2023. A copy of the press release is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits.

<u>[99.1](ex991dividenddeclaration1-.htm)</u> <u>[Press Release dated January](ex991dividenddeclaration1-.htm)[20](ex991dividenddeclaration1-.htm)[, 2023](ex991dividenddeclaration1-.htm)</u>.

104&nbsp;&nbsp;&nbsp;&nbsp;The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.

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**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 hereunto duly authorized.

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| | | |
|:---|:---|:---|
| Date: January 20, 2023 | **HEARTLAND FINANCIAL USA, INC.** | **HEARTLAND FINANCIAL USA, INC.** |
|  | By: | /s/ Bryan R. McKeag |
|  |  | Bryan R. McKeag |
|  |  | Executive Vice President |
|  |  | Chief Financial Officer |

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## Exhibit 99.1

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| | |
|:---|:---|
| ![htlf-logoxtagxtmxpms533.jpg](htlf-logoxtagxtmxpms533.jpg) | ![newslogoa61.jpg](newslogoa61.jpg) |

---

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| | |
|:---|:---|
| **CONTACT:** | **FOR IMMEDIATE RELEASE** |
| Bryan R. McKeag | **January 20, 2023** |
| Executive Vice President |  |
| Chief Financial Officer |  |
| (563)589-1994 |  |
| *Bmckeag@htlf.com* |  |

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**HEARTLAND FINANCIAL USA, INC. ("HTLF")**

**INCREASES QUARTERLY CASH DIVIDEND**

**DENVER – January 20, 2023** – Heartland Financial USA, Inc. (NASDAQ: HTLF), operating under the brand name HTLF, announced its Board of Directors approved a quarterly cash dividend of $0.30 per share of the company's common stock, an increase of $0.02 or 7 percent from the previous quarter.

The dividend is payable on February 28, 2023, to stockholders of record at the close of business on February 10, 2023. As of December 31, 2022, there were 42,467,394 common shares outstanding listed on the NASDAQ Global Select Market under the symbol HTLF.

**About HTLF**

Heartland Financial USA, Inc., operating under the brand name HTLF, is a bank holding company with assets of $19.68 billion. HTLF has banks serving communities in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, New Mexico, Texas and Wisconsin. HTLF is committed to its core commercial business, supported by a strong retail operation, and provides a diversified line of financial services including treasury management, wealth management, investments and residential mortgage. Additional information is available at *<u>www.htlf.com</u>*.

**Safe Harbor Statement**

This release (including any information incorporated herein by reference), and future oral and written statements of the company and its management, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the business, financial condition, results of operations, plans, objectives and future performance of HTLF.

Any statements about the company's expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. Forward-looking statements may include information about possible or assumed future results of the company's operations or performance. These forward-looking statements are generally identified by the use of the words such as "believe", "expect", "intent", "anticipate", "plan", "intend", "estimate", "project", "may", "will", "would", "could", "should", "may", "view", "opportunity", "potential", or similar or negative expressions of these words or phrases that are used in this release, and future oral and written statements of the company and its management. Although the company may make these statements based on management's experience, beliefs, expectations, assumptions and best estimate of future events, the ability of the company to predict results or the actual effect or outcomes of plans or strategies is inherently uncertain, and there may be events or factors that management has not anticipated. Therefore, the accuracy and achievement of such forward-looking statements and estimates are subject to a number of risks, many of which are beyond the ability of management to control or predict, that could cause actual results to differ materially from those in its forward-looking statements. These factors, which the company currently believes could have a material effect on its operations and future prospects, are detailed below and in the risk factors in HTLF's reports filed with the

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Securities and Exchange Commission ("SEC"), including the "Risk Factors" section under Item 1A of Part I of the company's Annual Report on Form 10-K for the year ended December 31, 2021, include, among others:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• COVID-19 Pandemic Risks, including risks related to the ongoing COVID-19 pandemic and measures enacted by the U.S. federal and state governments and adopted by private businesses in response to the COVID-19 pandemic;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Economic and Market Conditions Risks, including risks related to changes in the U.S. economy in general and in the local economies in which HTLF conducts its operations and future civil unrest, natural disasters, pandemics, persistent inflation, supply chain issues, labor shortages, terrorist threats or acts of war;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Credit Risks, including risks of increasing credit losses due to deterioration in the financial condition of HTLF's borrowers, changes in asset and collateral values and climate and other borrower industry risks which may impact the provision for credit losses and net charge-offs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Liquidity and Interest Rate Risks, including the impact of capital market conditions, rising interest rates and changes in monetary policy on our borrowings and net interest income;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Operational Risks, including processing, information systems, cybersecurity, vendor, business interruption, and fraud risks;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Strategic and External Risks, including competitive forces impacting our business and strategic acquisition risks;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Legal, Compliance and Reputational Risks, including regulatory and litigation risks; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Risks of Owning Stock in HTLF, including stock price volatility and dilution as a result of future equity offerings and acquisitions.

There can be no assurance that other factors not currently anticipated by HTLF will not materially and adversely affect the company's business, financial condition and results of operations. In addition, many of these risks and uncertainties are currently amplified by and may continue to be amplified by the COVID-19 pandemic and the impact of varying governmental responses that affect the company's customers and the economies where they operate. Additionally, all statements in this release, including forward-looking statements speak only as of the date they are made. The company does not undertake and specifically disclaims any obligation to publicly release the results of any revisions which may be made to or correct or update any forward-looking statement to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events or to otherwise update any statement in light of new information or future events. Further information concerning HTLF and its business, including additional factors that could materially affect the company's financial results, is included in the company's filings with the SEC.

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