<ARTICLE> 9 <CIK> 0000920112 <NAME> HEARTLAND FINANCIAL USA, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 19,722 <INT-BEARING-DEPOSITS> 5,629 <FED-FUNDS-SOLD> 9,762 <TRADING-ASSETS> 000 <INVESTMENTS-HELD-FOR-SALE> 202,107 <INVESTMENTS-CARRYING> 3,394 <INVESTMENTS-MARKET> 3,509 <LOANS> 561,923 <ALLOWANCE> (7,668) <TOTAL-ASSETS> 841,912 <DEPOSITS> 627,254 <SHORT-TERM> 77,192 <LIABILITIES-OTHER> 11,554 <LONG-TERM> 47,350 <PREFERRED-MANDATORY> 000 <PREFERRED> 000 <COMMON> 4,854 <OTHER-SE> 73,708 <TOTAL-LIABILITIES-AND-EQUITY> 841,912 <INTEREST-LOAN> 12,207 <INTEREST-INVEST> 3,109 <INTEREST-OTHER> 430 <INTEREST-TOTAL> 15,746 <INTEREST-DEPOSIT> 6,670 <INTEREST-EXPENSE> 8,556 <INTEREST-INCOME-NET> 7,190 <LOAN-LOSSES> 350 <SECURITIES-GAINS> 661 <EXPENSE-OTHER> 6,213 <INCOME-PRETAX> 3,575 <INCOME-PRE-EXTRAORDINARY> 2,481 <EXTRAORDINARY> 000 <CHANGES> 000 <NET-INCOME> 2,481 <EPS-PRIMARY> .52 <EPS-DILUTED> .52 <YIELD-ACTUAL> 3.82 <LOANS-NON> 2,024 <LOANS-PAST> 603 <LOANS-TROUBLED> 25 <LOANS-PROBLEM> 000 <ALLOWANCE-OPEN> 7,362 <CHARGE-OFFS> (65) <RECOVERIES> 21 <ALLOWANCE-CLOSE> 7,668 <ALLOWANCE-DOMESTIC> 4,248 <ALLOWANCE-FOREIGN> 000 <ALLOWANCE-UNALLOCATED> 3,420