Heartland currently has 115 banking locations serving 84 communities in Iowa, Illinois, Wisconsin, New Mexico, Arizona, Montana, Colorado, Minnesota, Kansas, Missouri, Texas and California. The company provides banking, mortgage, private client, investment, treasury management, card services, insurance and consumer finance services to individuals and businesses. is a diversified financial services holding company with assets of approximately $13.2 billion. In addition, AimBank has expanded its presence into several markets, and now has 25 banking locations throughout West Texas and Northeastern New Mexico serving businesses and individuals. AimBank has continually grown from $13 million in assets in 2003 when current ownership took over, to approximately $1.8 billion in assets today. In 2003, a group of bankers and investors purchased the Bank, renaming it “AimBank” and converting from a national chartered bank to a state-chartered bank. About AimBankĪimBank, a wholly-owned subsidiary of AIM Bancshares, Inc., was originally chartered on Septemas the First National Bank of Littlefield. Additional information about New Mexico Bank & Trust is available at NMBT is a member of the FDIC and an Equal Housing Lender. They specialize in business lending and deposit services, and provides private client, investment, treasury management, card services, and complete electronic banking programs to individuals and businesses. NMBT operates 17 banking locations serving Central, Eastern and Northern New Mexico. New Mexico Bank & Trust, a wholly-owned subsidiary of Heartland, is a community bank Headquartered in Albuquerque, NM, with more than $1.7 billion in assets. We extend a warm welcome to the FNB New Mexico customers and employees.” About New Mexico & Trust Leyendecker, concluded, “We are increasing our presence and adding scale with a solid and experienced team dedicated to client service and success. “New Mexico Bank & Trust mirrors the same level of commitment to providing excellent customer service and supporting our local communities.” The advantages of this expansion are very appealing as it provides additional banking locations throughout New Mexico, making this a great success for our customer base,” remarked Craig Reeves, North East New Mexico Regional President for FNB New Mexico, a Division of AimBank. “We are pleased to be joining New Mexico Bank & Trust. “We are passionate about our promise to provide the best service to our customers, and are excited to become part of the Heartland Financial USA, Inc family.” Wade, Chairman and Chief Executive Officer of AimBank. We remain committed to providing our customers with local bankers that can make local decisions,” said Scott L. “This merger provides great value for our customers as it strengthens our New Mexico locations as they pace forward for years to come. “We are very fortunate to be combining two talented teams of local commercial banking professionals and staff with an excellent knowledge of the communities and the clients they serve.” Greg Leyendecker, President and CEO of New Mexico Bank & Trust. “We at New Mexico Bank & Trust are extremely excited about the opportunity to join forces with FNB New Mexico, a division of AimBank,” said R. NMBT had approximately $1.76 billion in total assets as of December 31, 2019. NMBT serves commercial businesses, professionals and individuals from 17 offices in Central, Eastern and Northern New Mexico. AimBank serves customers from 19 offices in West Texas: Abilene, Amarillo, Dalhart, Farwell, Levelland, Littlefield, Lubbock, Miami, Midland, Muleshoe, Odessa, Pampa, Plains, Shamrock, Snyder, and Wolfforth, Texas. FNB New Mexico serves customers from six branch offices in Northeastern New Mexico, located in Angel Fire, Clayton, Logan, Raton, Santa Rosa, and Tucumcari, New Mexico. With approximately $1.78 billion in total assets, $1.16 billion in net loans outstanding and $1.54 billion in deposits as of December 31, 2019, AimBank is a full-service community bank. A systems conversion planned for the fourth quarter of 2020 at which time FNB New Mexico will merge their operations into Heartland’s New Mexico subsidiary, New Mexico Bank & Trust (NMBT).
The transaction is expected to close early in the third quarter of 2020. The transaction is subject to approval by federal and state bank regulators and to customary closing conditions. Levelland, Texas, FebruAt the time of the closing of the acquisition, FNB New Mexico, a division of AimBank will merge into Heartland. (“ABI”), and parent company of FNB New Mexico announced that they have entered into a definitive merger agreement pursuant to which ABI will be acquired by Heartland Financial USA, Inc.
Levelland, TX-based AimBank, a wholly-owned subsidiary of AIM Bancshares, Inc.
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