Hills Bancorporation (HBIA)

Hills Bancorporation Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	199.79	195.65	179.57	154.68	115.4	113.65
Interest Income on Investments	39.17	38.12	23.87	16.24	15.69	8.44
Total Interest Income	238.96	233.77	203.44	170.92	131.09	122.09
Interest Paid on Deposits	53.04	54.81	60.9	40.39	15.82	14.71
Interest Paid on Borrowings	28.1	28.78	26.71	16.64	0.27	2.92
Total Interest Expense	81.15	83.59	87.62	57.03	16.09	17.63
Net Interest Income	157.81	150.18	115.82	113.89	115	104.46
Net Interest Income Growth (YoY)	29.02%	29.66%	1.70%	-0.97%	10.09%	2.84%
Trust Income	17.06	17.14	15.26	13.58	12.28	13.52
Gain (Loss) on Sale of Assets	-1.07	-1.07	-	-	-	-
Gain (Loss) on Sale of Investments	-9.65	-9.63	-5.22	-	-	-
Other Non-Interest Income	15.44	15.2	14.44	13.49	13.98	12.36
Total Non-Interest Income	23.69	23.28	26.82	28.61	27.78	33.46
Non-Interest Income Growth (YoY)	-15.20%	-13.21%	-6.24%	2.97%	-16.98%	18.10%
Revenues Before Loan Losses	181.5	173.46	142.64	142.49	142.78	137.93
Provision for Loan Losses	7.39	12.33	2.21	15.62	6.34	-5.51
Revenue	174.11	161.13	140.44	126.87	136.44	143.43
Revenue Growth (YoY)	21.07%	14.74%	10.69%	-7.02%	-4.87%	14.24%
Salaries and Employee Benefits	45.18	43.97	42.18	42.66	41.25	40.02
Federal Deposit Insurance	2.03	2.02	1.92	1.81	1.08	1.04
Selling, General & Administrative	37.44	36.16	32.43	32	30.89	30.33
Other Non-Interest Expense	3.47	2.75	3.35	2.19	2.07	9.57
Total Non-Interest Expense	88.68	85.44	80.23	78.4	75.58	81.34
EBT Excluding Unusual Items	85.44	75.69	60.2	48.47	60.87	62.09
Pretax Income	85.44	75.69	60.2	48.47	60.87	62.09
Income Tax Expense	17.43	15.19	12.6	10.3	13.11	14.01
Net Income	68.01	60.5	47.6	38.18	47.75	48.09
Net Income to Common	68.01	60.5	47.6	38.18	47.75	48.09
Net Income Growth	36.20%	27.09%	24.70%	-20.05%	-0.69%	24.42%
Basic Shares Outstanding	9	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9	9
Shares Change (YoY)	-2.01%	-1.91%	-1.38%	-0.99%	-0.44%	-0.66%
EPS (Basic)	7.70	6.82	5.26	4.16	5.15	5.17
EPS (Diluted)	7.70	6.81	5.26	4.16	5.15	5.16
EPS Growth	38.96%	29.47%	26.44%	-19.22%	-0.19%	25.24%
Dividend Per Share	1.230	1.150	1.100	1.050	1.000	0.940
Dividend Growth	6.96%	4.54%	4.76%	5.00%	6.38%	5.62%
Effective Tax Rate	20.39%	20.07%	20.93%	21.24%	21.55%	22.56%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.