<ARTICLE> 9
<RESTATED> 
<CIK> 0000920112
<NAME> HEARTLAND FINANCIAL USA, INC.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                          21,372
<INT-BEARING-DEPOSITS>                           3,635
<FED-FUNDS-SOLD>                                 3,929
<TRADING-ASSETS>                                   000
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<INVESTMENTS-CARRYING>                           6,481
<INVESTMENTS-MARKET>                             6,548
<LOANS>                                        516,610
<ALLOWANCE>                                    (6,853)
<TOTAL-ASSETS>                                 771,113
<DEPOSITS>                                     591,662
<SHORT-TERM>                                    60,197
<LIABILITIES-OTHER>                              8,823
<LONG-TERM>                                     39,582
<PREFERRED-MANDATORY>                              000
<PREFERRED>                                        000
<COMMON>                                         4,854
<OTHER-SE>                                      65,995
<TOTAL-LIABILITIES-AND-EQUITY>                 771,113
<INTEREST-LOAN>                                 10,740
<INTEREST-INVEST>                                2,878
<INTEREST-OTHER>                                   170
<INTEREST-TOTAL>                                13,788
<INTEREST-DEPOSIT>                               5,996
<INTEREST-EXPENSE>                               7,370
<INTEREST-INCOME-NET>                            6,418
<LOAN-LOSSES>                                      321
<SECURITIES-GAINS>                                 293
<EXPENSE-OTHER>                                  5,254
<INCOME-PRETAX>                                  2,692
<INCOME-PRE-EXTRAORDINARY>                       1,918<F1>
<EXTRAORDINARY>                                    000
<CHANGES>                                          000
<NET-INCOME>                                     1,918
<EPS-PRIMARY>                                      .40<F2>
<EPS-DILUTED>                                      .40<F2>
<YIELD-ACTUAL>                                    3.94
<LOANS-NON>                                      1,884
<LOANS-PAST>                                       206
<LOANS-TROUBLED>                                    29
<LOANS-PROBLEM>                                    000
<ALLOWANCE-OPEN>                                 6,191
<CHARGE-OFFS>                                     (38)
<RECOVERIES>                                        48
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<ALLOWANCE-DOMESTIC>                             3,838
<ALLOWANCE-FOREIGN>                                000
<ALLOWANCE-UNALLOCATED>                          3,015
<FN>
<F1>RESTATED TO CORRECT ERROR
<F2>RESTATED TO REFLECT IMPLEMENTATION OF FAS 128, EARNINGS PER SHARE
</FN>