Hills Bancorporation (HBIA)

Hills Bancorporation Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	190.84	179.57	154.68	115.4	113.65	120.2
Interest Income on Investments	35.37	23.87	16.24	15.69	8.44	8.33
Total Interest Income	226.2	203.44	170.92	131.09	122.09	128.53
Interest Paid on Deposits	57.5	60.9	40.39	15.82	14.71	21.55
Interest Paid on Borrowings	28.26	26.71	16.64	0.27	2.92	5.4
Total Interest Expense	85.76	87.62	57.03	16.09	17.63	26.95
Net Interest Income	140.44	115.82	113.89	115	104.46	101.58
Net Interest Income Growth (YoY)	24.65%	1.70%	-0.97%	10.09%	2.84%	4.23%
Trust Income	16.58	15.26	13.58	12.28	13.52	10.28
Gain (Loss) on Sale of Investments	-9.51	-5.22	-	-	-	0.01
Other Non-Interest Income	16.03	14.44	13.49	13.98	12.36	11.37
Total Non-Interest Income	24.78	26.82	28.61	27.78	33.46	28.34
Non-Interest Income Growth (YoY)	-18.66%	-6.24%	2.97%	-16.98%	18.10%	14.29%
Revenues Before Loan Losses	165.21	142.64	142.49	142.78	137.93	129.91
Provision for Loan Losses	10.57	2.21	15.62	6.34	-5.51	4.36
Revenue	154.65	140.44	126.87	136.44	143.43	125.56
Revenue Growth (YoY)	14.67%	10.69%	-7.02%	-4.87%	14.24%	0.34%
Salaries and Employee Benefits	42.54	42.18	42.66	41.25	40.02	38.42
Federal Deposit Insurance	1.99	1.92	1.81	1.08	1.04	0.86
Selling, General & Administrative	34.84	32.43	32	30.89	30.33	28.85
Other Non-Interest Expense	3.42	3.35	2.19	2.07	9.57	7.59
Total Non-Interest Expense	83.14	80.23	78.4	75.58	81.34	75.63
EBT Excluding Unusual Items	71.51	60.2	48.47	60.87	62.09	49.92
Pretax Income	71.51	60.2	48.47	60.87	62.09	49.92
Income Tax Expense	14.49	12.6	10.3	13.11	14.01	11.28
Net Income	57.01	47.6	38.18	47.75	48.09	38.65
Net Income to Common	57.01	47.6	38.18	47.75	48.09	38.65
Net Income Growth	31.10%	24.70%	-20.05%	-0.69%	24.42%	-14.72%
Basic Shares Outstanding	9	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9	9
Shares Change (YoY)	-1.85%	-1.38%	-0.99%	-0.44%	-0.66%	0.14%
EPS (Basic)	6.39	5.26	4.16	5.15	5.17	4.12
EPS (Diluted)	6.39	5.26	4.16	5.15	5.16	4.12
EPS Growth	33.50%	26.44%	-19.22%	-0.19%	25.24%	-14.91%
Dividend Per Share	1.150	1.100	1.050	1.000	0.940	0.890
Dividend Growth	4.54%	4.76%	5.00%	6.38%	5.62%	8.54%
Effective Tax Rate	20.27%	20.93%	21.24%	21.55%	22.56%	22.59%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.