GAHANNA, Ohio (AP) _ Heartland BancCorp. (HLAN) on Monday reported second-quarter earnings of $3 million.
The bank, based in Gahanna, Ohio, said it had earnings of $1.52 per share. Earnings, adjusted for costs related to mergers and acquisitions, were $2.03 per share.
The bank holding company posted revenue of $17.5 million in the period. Its revenue net of interest expense was $14.8 million, which fell short of Street forecasts.
Heartland BancCorp. shares have dropped 31% since the beginning of the year. In the final minutes of trading on Monday, shares hit $65.25, a fall of 20% in the last 12 months.