Hills Bancorporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	195.65	179.57	154.68	115.4	113.65
Interest Income on Investments	38.12	23.87	16.24	15.69	8.44
Total Interest Income	233.77	203.44	170.92	131.09	122.09
Interest Paid on Deposits	54.81	60.9	40.39	15.82	14.71
Interest Paid on Borrowings	28.78	26.71	16.64	0.27	2.92
Total Interest Expense	83.59	87.62	57.03	16.09	17.63
Net Interest Income	150.18	115.82	113.89	115	104.46
Net Interest Income Growth (YoY)	29.66%	1.70%	-0.97%	10.09%	2.84%
Trust Income	17.14	15.26	13.58	12.28	13.52
Gain (Loss) on Sale of Assets	-1.07	-	-	-	-
Gain (Loss) on Sale of Investments	-9.63	-5.22	-	-	-
Other Non-Interest Income	15.2	14.44	13.49	13.98	12.36
Total Non-Interest Income	23.28	26.82	28.61	27.78	33.46
Non-Interest Income Growth (YoY)	-13.21%	-6.24%	2.97%	-16.98%	18.10%
Revenues Before Loan Losses	173.46	142.64	142.49	142.78	137.93
Provision for Loan Losses	12.33	2.21	15.62	6.34	-5.51
Revenue	161.13	140.44	126.87	136.44	143.43
Revenue Growth (YoY)	14.74%	10.69%	-7.02%	-4.87%	14.24%
Salaries and Employee Benefits	46.18	42.18	42.66	41.25	40.02
Occupancy Expenses	4.69	-	-	-	-
Federal Deposit Insurance	2.02	1.92	1.81	1.08	1.04
Selling, General & Administrative	29.26	32.43	32	30.89	30.33
Other Non-Interest Expense	3.3	3.35	2.19	2.07	9.57
Total Non-Interest Expense	85.44	80.23	78.4	75.58	81.34
EBT Excluding Unusual Items	75.69	60.2	48.47	60.87	62.09
Pretax Income	75.69	60.2	48.47	60.87	62.09
Income Tax Expense	15.19	12.6	10.3	13.11	14.01
Net Income	60.5	47.6	38.18	47.75	48.09
Net Income to Common	60.5	47.6	38.18	47.75	48.09
Net Income Growth	27.09%	24.70%	-20.05%	-0.69%	24.42%
Basic Shares Outstanding	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9
Shares Change (YoY)	-1.84%	-1.38%	-0.99%	-0.44%	-0.66%
EPS (Basic)	6.82	5.26	4.16	5.15	5.17
EPS (Diluted)	6.81	5.26	4.16	5.15	5.16
EPS Growth	29.47%	26.44%	-19.22%	-0.19%	25.24%
Dividend Per Share	-	1.100	1.050	1.000	0.940
Dividend Growth	-	4.76%	5.00%	6.38%	5.62%
Effective Tax Rate	20.07%	20.93%	21.24%	21.55%	22.56%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.