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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	186.55	179.57	154.68	115.4	113.65	120.2
Interest Income on Investments	31.65	23.87	16.24	15.69	8.44	8.33
Total Interest Income	218.2	203.44	170.92	131.09	122.09	128.53
Interest Paid on Deposits	60.11	60.9	40.39	15.82	14.71	21.55
Interest Paid on Borrowings	26.74	26.71	16.64	0.27	2.92	5.4
Total Interest Expense	86.85	87.62	57.03	16.09	17.63	26.95
Net Interest Income	131.36	115.82	113.89	115	104.46	101.58
Net Interest Income Growth (YoY)	17.77%	1.70%	-0.97%	10.09%	2.84%	4.23%
Trust Income	16.18	15.26	13.58	12.28	13.52	10.28
Gain (Loss) on Sale of Investments	-5.22	-5.22	-	-	-	0.01
Other Non-Interest Income	15.44	14.44	13.49	13.98	12.36	11.37
Total Non-Interest Income	28.41	26.82	28.61	27.78	33.46	28.34
Non-Interest Income Growth (YoY)	-5.15%	-6.24%	2.97%	-16.98%	18.10%	14.29%
Revenues Before Loan Losses	159.77	142.64	142.49	142.78	137.93	129.91
Provision for Loan Losses	6.9	2.21	15.62	6.34	-5.51	4.36
Revenue	152.86	140.44	126.87	136.44	143.43	125.56
Revenue Growth (YoY)	18.86%	10.69%	-7.02%	-4.87%	14.24%	0.34%
Salaries and Employee Benefits	42.4	42.18	42.66	41.25	40.02	38.42
Federal Deposit Insurance	1.96	1.92	1.81	1.08	1.04	0.86
Selling, General & Administrative	34.21	32.43	32	30.89	30.33	28.85
Other Non-Interest Expense	3.21	3.35	2.19	2.07	9.57	7.59
Total Non-Interest Expense	82.15	80.23	78.4	75.58	81.34	75.63
EBT Excluding Unusual Items	70.71	60.2	48.47	60.87	62.09	49.92
Pretax Income	70.71	60.2	48.47	60.87	62.09	49.92
Income Tax Expense	14.44	12.6	10.3	13.11	14.01	11.28
Net Income	56.28	47.6	38.18	47.75	48.09	38.65
Net Income to Common	56.28	47.6	38.18	47.75	48.09	38.65
Net Income Growth	45.94%	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)	-1.74%	-1.38%	-0.99%	-0.44%	-0.66%	0.14%
EPS (Basic)	6.28	5.26	4.16	5.15	5.17	4.12
EPS (Diluted)	6.28	5.26	4.16	5.15	5.16	4.12
EPS Growth	48.56%	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	20.42%	20.93%	21.24%	21.55%	22.56%	22.59%

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.