Hills Bancorporation Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	47.2	123.4	59.48	36.64	781.92	33.26
Investment Securities	683.71	666.05	718.49	725.91	541.91	408.37
Mortgage-Backed Securities	279.05	278.09	60.93	50.2	9.45	-
Total Investments	962.76	944.14	779.42	776.1	551.35	408.37
Gross Loans	3,556	3,438	3,439	3,108	2,661	2,711
Allowance for Loan Losses	-59.1	-50.94	-49.41	-41.44	-35.47	-37.07
Net Loans	3,497	3,388	3,389	3,067	2,625	2,674
Property, Plant & Equipment	37.61	37.74	36.36	35.63	36.76	38.74
Goodwill	2.5	2.5	2.5	2.5	2.5	2.5
Loans Held for Sale	3.62	3.97	2.02	1.66	5.72	43.95
Investments in Real Estate	9.7	8.85	7.91	9.15	9.82	7.27
Accrued Interest Receivable	25.26	21.4	19.79	15.78	11.44	12.18
Restricted Cash	-	-	-	-	-	541.05
Long-Term Deferred Tax Assets	25	21.13	21.27	24.06	9.13	6.09
Other Long-Term Assets	9.91	9.56	7.8	5.51	6.33	6.77
Total Assets	4,653	4,588	4,342	3,980	4,045	3,782
Interest Bearing Deposits	2,800	2,540	2,482	2,621	2,812	2,546
Institutional Deposits	-	224.72	200.38	88.81	88.52	114.26
Non-Interest Bearing Deposits	578.13	581.04	600.4	647.45	633.1	532.19
Total Deposits	3,378	3,346	3,283	3,357	3,534	3,193
Short-Term Borrowings	600.74	633.69	515.65	122.06	0.25	-
Current Portion of Leases	0.08	0.33	-	-	-	-
Accrued Interest Payable	3.66	9.91	6.1	1.39	1.17	1.73
Federal Home Loan Bank Debt, Long-Term	64.58	40	-	-	-	105
Long-Term Leases	1.69	1.64	2.22	2.19	2.53	2.91
Other Long-Term Liabilities	73.22	63.85	64.63	69.21	68.17	64.08
Total Liabilities	4,122	4,096	3,871	3,552	3,606	3,366
Additional Paid-In Capital	65.11	64.64	63.83	63.22	60.94	60.23
Retained Earnings	614.56	578.88	541.33	512.84	474.39	439.83
Treasury Stock	-86.1	-75.28	-62.84	-55.73	-48.34	-45.44
Comprehensive Income & Other	-62.34	-75.56	-72.03	-92.07	-48.54	-38.55
Shareholders' Equity	531.23	492.69	470.29	428.26	438.45	416.08
Total Liabilities & Equity	4,653	4,588	4,342	3,980	4,045	3,782
Total Debt	667.1	675.66	517.87	124.25	2.78	107.91
Net Cash (Debt)	-619.9	-552.26	-458.39	-87.61	779.14	-74.65
Net Cash Per Share	-69.46	-61.02	-49.95	-9.45	83.68	-7.96
Filing Date Shares Outstanding	8.85	8.96	9.1	9.22	9.28	9.32
Total Common Shares Outstanding	8.83	8.97	9.14	9.23	9.3	9.33
Book Value Per Share	60.18	54.93	51.48	46.42	47.15	44.59
Tangible Book Value	528.73	490.19	467.79	425.76	435.95	413.58
Tangible Book Value Per Share	59.89	54.65	51.20	46.15	46.88	44.32

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