Hills Bancorporation Cash Flow 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
Net Income	60.5	47.6	38.18	47.75	48.09
Depreciation & Amortization	2.69	2.5	2.61	2.79	3.45
Gain (Loss) on Sale of Assets	1.38	0.49	-0.15	-0.09	-0.05
Gain (Loss) on Sale of Investments	6.41	4.27	-0.48	0.03	1.2
Provision for Credit Losses	12.33	2.21	15.62	6.34	-5.51
Net Decrease (Increase) in Loans Originated / Sold - Operating	-2.44	0.39	1.18	5.57	45.82
Accrued Interest Receivable	-2	-1.62	-4	-4.35	0.74
Change in Other Net Operating Assets	-4.01	-0.85	-2.6	0.98	0.39
Other Operating Activities	-3.65	-0.15	-2.44	-2.1	0.52
Operating Cash Flow	68.81	55.54	52.84	56.46	85.07
Operating Cash Flow Growth	23.89%	5.11%	-6.41%	-33.63%	944.37%
Capital Expenditures	-3.67	-4.5	-3.03	-1.91	-1.46
Sale of Property, Plant and Equipment	-	0	-	-	-
Investment in Securities	16.16	-169.29	15.94	-280.95	-153.92
Income (Loss) Equity Investments	0.45	-	-	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-130.48	-3.66	-337.69	-447.84	52.02
Other Investing Activities	-5.74	-12.92	-7.23	-0.92	1.14
Investing Cash Flow	-123.73	-190.37	-332	-731.61	-102.23
Short-Term Debt Issued	40.25	328.36	139.94	81.81	0.25
Long-Term Debt Issued	1,703	84.9	256.65	40	-
Total Debt Issued	1,743	413.26	396.59	121.81	0.25
Short-Term Debt Repaid	-1,440	-0	-3.01	-0	-0
Long-Term Debt Repaid	-325.57	-255.22	-	-	-105
Total Debt Repaid	-1,766	-255.23	-3.01	-0	-105
Net Debt Issued (Repaid)	-22.47	158.04	393.59	121.81	-104.75
Issuance of Common Stock	0.47	0.36	0.4	1.9	0.43
Repurchase of Common Stock	-15.75	-12.96	-7.71	-7.91	-3.57
Common Dividends Paid	-10.32	-10.05	-9.69	-9.3	-8.77
Net Increase (Decrease) in Deposit Accounts	21.7	63.35	-74.59	-176.63	341.43
Financing Cash Flow	-26.37	198.74	302	-70.13	224.76
Net Cash Flow	-81.29	63.92	22.84	-745.28	207.61
Free Cash Flow	65.14	51.04	49.81	54.55	83.61
Free Cash Flow Growth	27.62%	2.46%	-8.68%	-34.76%	1230.10%
Free Cash Flow Margin	40.43%	36.34%	39.26%	39.98%	58.29%
Free Cash Flow Per Share	7.33	5.64	5.43	5.88	8.98
Cash Interest Paid	-	83.81	52.33	15.86	18.2
Cash Income Tax Paid	-	9.89	12.05	12.53	9.57

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