FIRST HEARTLAND CAPITAL, INC. X-17A-5 (2026-03-05) — Broker-dealer annual report

Full text of FIRST HEARTLAND CAPITAL, INC.'s X-17A-5 filed 2026-03-05 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.

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{0}------------------------------------------------ # INC. CAPITAL, HEARTLAND® FIRST ATION INFORM ARY SUPPLEMENT AND STATEMENTS FINANCIAL AND FIRM ACCOUNTING PUBLIC REGISTERED INDEPENDENT OF REPORT 'I I 2025 31, DECEMBER ENDED YEAR ... \_ {1}------------------------------------------------ # **Contents** | Report of Independent Registered Public Accounting Firm | 1-2 | |------------------------------------------------------------------------------------------------------------------------------------------|-------| | Facing Page | 3 | | Oath or Affirmation | 4 | | Financial Statements | | | Statement of Financial Condition | 5 | | Statement oflncome | 6 | | Statement of Changes In Stockholder's Equity | 7 | | Statement of Cash Flows | 8 | | Notes to Financial Statements | 9-14 | | Supplementary Information Required by the<br>Securities and Exchange Commission | | | Schedule 1 - Computation of Net Capital, Aggregate Indebtedness,<br>and Ratio of Aggregate Indebtedness to Net Capital Under Rule 15c3-l | 15 | | Schedule 2 - Exemption Report | 16 | | Report oflndependent Registered Public Accounting Firm | 17-18 | {2}------------------------------------------------ ![](_page_2_Picture_0.jpeg) # **Report of Independent Registered Public Accounting Firm** Stockholder and Board of Directors First Heartland Capital, Inc. Lake St. Louis, Missouri # **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of First Heartland Capital, Inc. as of December 31, 2025, and the related statements of income, changes in stockholder's equity, and cash flows for the year then ended, and the related notes and schedules referred to in the Auditors' Report on Supplemental Information section of the report (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of First Heartland Capital, Inc. as of December 31, 2025, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. # **Basis for Opinion** These financial statements are the responsibility of First Heartland Capital, lnc.'s management. Our responsibility is to express an opinion on First Heartland Capital, lnc.'s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States…

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