Heartland Financial USA (HTLF) 10-K 2022 FY Annual report

EXHIBIT 21.1

Subsidiaries of the Registrant as of December 31, 2022
1.	Dubuque Bank and Trust Company, an Iowa state bank with its main office located in Dubuque, Iowa
1a.	DB&T Insurance, Inc., a multi-line insurance company
1a1.	Heartland Financial USA, Inc. Insurance Services, an insurance company with a primary purpose of providing online insurance services
1b.	DB&T Community Development Corp., a community development company with a primary purpose of partnering in low-income housing and historic rehabilitation projects
2.	Wisconsin Bank & Trust, a Wisconsin state bank with its main office located in Madison, Wisconsin
3.	New Mexico Bank & Trust, a New Mexico state bank with its main office located in Albuquerque, New Mexico
4.	Rocky Mountain Bank, a Montana state bank with its main office located in Billings, Montana
5.	HTLF Bank, a Colorado state bank with its main office located in Denver, Colorado
6.	Bank of Blue Valley, a Kansas state bank with its main office located in Overland Park, Kansas
7.	First Bank & Trust, a Texas state bank with its main office located in Lubbock, Texas
8.	Citizens Finance Parent Co., a consumer finance company
8a.	Citizens Finance Co., a consumer finance company with offices in Iowa and Wisconsin
8b.	Citizens Finance of Illinois Co., a consumer finance company with offices in Illinois
9.	Heartland Financial Statutory Trust IV
10.	Heartland Financial Statutory Trust V
11.	Heartland Financial Statutory Trust VI
12.	Heartland Financial Statutory Trust VII
13.	Morrill & Janes Statutory Trust I
14.	Morrill & Janes Statutory Trust II
15.	Sheboygan Statutory Trust I
16.	CBNM Capital Trust I
17.	Citywide Capital Trust III
18.	Citywide Capital Trust IV
19.	Citywide Capital Trust V
20.	OCGI Statutory Trust III
21.	OCGI Capital Trust IV
22.	BVBC Capital Trust II
23.	BVBC Capital Trust III
24.	Heartland Community Development Inc., a property management company with a primary purpose of holding and managing nonperforming assets