Form 8k filed 050506
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
| Date
of Report |
May
5, 2006
|
| (Date
of earliest event reported) |
May
5, 2006
|
Heartland
Financial USA, Inc.
(Exact
name of Registrant as specified in its charter)
Delaware
(State
or
other jurisdiction of incorporation)
| 0-24724 |
42-1405748
|
| (Commission File Number) |
(I.R.S.
Employer Identification
Number
|
| 1398 Central Avenue, Dubuque,
Iowa
|
52001
|
| (Address of principal executive offices)
|
(Zip
Code)
|
(563)
589-2100
(Registrant's
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
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):
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17
CFR 240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17
CFR 240.13e-4(c))
Item 2.02. Results
of Operations and Financial Condition
On
April
25, 2006, Heartland Financial USA, Inc. distributed a press release announcing
its earnings for the quarter ended March 31, 2006. On May 3, 2006, Heartland
was
informed of a trial court’s judgment against Heartland and a banking subsidiary,
which is described in Item 8.01 of this Form 8-K. Heartland has recorded the
judgment against it as an expense and the judgment in its favor as a loan loss
recovery for the quarter ended March 31, 2006. On May 5, 2006, Heartland
distributed a revised press release announcing its revised earnings for the
quarter ended March 31, 2006 taking into account this expense and recovery.
The
revised release is attached hereto as Exhibit 99.1 and incorporated herein
by
reference.
Item
8.01. Other
Events
As
previously disclosed, Heartland and Wisconsin Community Bank, a wholly-owned
bank subsidiary, were defendants in a lawsuit regarding a breach of contract
claim relating to the 2002 sale of Wisconsin Community Bank’s Eau Claire branch.
Heartland and Wisconsin Community Bank filed a counterclaim against the
plaintiff. The matters were tried in the State of Wisconsin Circuit Court,
St.
Croix County, in December, 2005. On May 3, 2006, Heartland was notified by
the
Court that a verdict was entered awarding the plaintiff $2.4 million for its
original claim and awarding Heartland $286,000 for its counterclaim against
the
plaintiff. Heartland has recorded the judgments in the quarter ended March
31,
2006. Heartland and its legal counsel are reviewing the judgments to determine
what post-trial motions Heartland will file.
Item
9.01. Financial
Statements and Exhibits
(d)
Exhibits.
99.1 Revised
Earnings Release dated May 5, 2006
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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|
|
|
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HEARTLAND
FINANCIAL USA, INC.
|
Dated:
May 5, 2006
| |
|
|
Executive
Vice President, Chief Financial Officer and Chief Operating
Officer
|