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Stock impact report

Heartland Financial USA, Inc. and QCR Holdings, Inc. Announce That Illinois Bank & Trust Will Acquire the Assets of Rockford Bank and Trust Company

Heartland Financial USA, Inc. (HTLF) 
Last heartland financial usa, inc. earnings: 4/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: htlf.com
Company Research Source: GlobeNewswire
DUBUQUE, Iowa and MOLINE, Ill., Aug. 13, 2019 (GLOBE NEWSWIRE) -- Dubuque, IA-based Heartland Financial USA, Inc. (“Heartland”) (NASDAQ: HTLF) and Moline, IL-based QCR Holdings, Inc. (“QCRH”) (NASDAQ: QCRH) jointly announced today that Illinois Bank & Trust (“IB&T”), a wholly-owned subsidiary of Heartland headquartered in Rockford, Illinois, has entered into a purchase and assumption agreement, pursuant to which IB&T will acquire substantially all of the assets and assume substantially all of the deposits and certain other liabilities of Rockford Bank and Trust Company (“Rockford Bank & Trust” or “RB&T”), headquartered in Rockford, Illinois. RB&T is a wholly-owned subsidiary of QCRH. Founded in 2005, RB&T is a full-service community bank with $523 million in total assets, $423 million of gross loans outstanding, and $453 million of deposits as of Jun Show less Read more
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