Heartland Bancorp announced earnings results for the fourth quarter and full year ended December 31, 2012. Earnings for the fourth quarter ended December 31, 2012 totaled $785,000 or $0.50 per share compared to earnings of $1.228 million or $0.79 per share for the fourth quarter of 2011. Net interest income before provision for loan loss was $5.691 million up 8% or $401,000 from the prior year amount of $5.290 million.

Net income for the year ended December 31, 2012 increased 32% or $1.630 million to $6.699 million or $4.31 per share compared to earnings of $5.069 million or $3.27 per share for the prior year ended December 31, 2011. Net interest income, before provision for loan loss for 2012, increased 3% to $21.737 million compared to $21.128 million for 2011.

The company announced the board of directors declared first quarter 2013 cash dividend of $0.3217 per share to shareholders of record March 25, 2013 payable April 10, 2013 resulting in an annual dividend yield of 4.37% based on the closing price of shares at December 31, 2012.