Hills Bancorporation Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Interest Income on Loans	207.32	195.65	179.57	154.68	115.4	113.65
Interest Income on Investments	42.57	38.12	23.87	16.24	15.69	8.44
Total Interest Income	249.89	233.77	203.44	170.92	131.09	122.09
Interest Paid on Deposits	52.91	54.81	60.9	40.39	15.82	14.71
Interest Paid on Borrowings	25.16	28.78	26.71	16.64	0.27	2.92
Total Interest Expense	78.07	83.59	87.62	57.03	16.09	17.63
Net Interest Income	171.82	150.18	115.82	113.89	115	104.46
Net Interest Income Growth	22.34%	29.66%	1.70%	-0.97%	10.09%	2.84%
Trust Income	17.93	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	-3.66	-9.63	-5.22	-	-	-
Other Non-Interest Income	15.92	15.2	14.44	13.49	13.98	12.36
Total Non-Interest Income	31.16	23.28	26.82	28.61	27.78	33.46
Non-Interest Income Growth	25.77%	-13.21%	-6.24%	2.97%	-16.98%	18.10%
Revenues Before Loan Losses	202.98	173.46	142.64	142.49	142.78	137.93
Provision for Loan Losses	-0.16	12.33	2.21	15.62	6.34	-5.51
Revenue	203.14	161.13	140.44	126.87	136.44	143.43
Revenue Growth	31.36%	14.74%	10.69%	-7.02%	-4.87%	14.24%
Salaries and Employee Benefits	47.49	43.97	42.18	42.66	41.25	40.02
Federal Deposit Insurance	2.06	2.02	1.92	1.81	1.08	1.04
Selling, General & Administrative	40.78	36.16	32.43	32	30.89	30.33
Other Non-Interest Expense	3.29	2.75	3.35	2.19	2.07	9.57
Total Non-Interest Expense	94.36	85.44	80.23	78.4	75.58	81.34
EBT Excluding Unusual Items	108.78	75.69	60.2	48.47	60.87	62.09
Pretax Income	108.78	75.69	60.2	48.47	60.87	62.09
Income Tax Expense	22.85	15.19	12.6	10.3	13.11	14.01
Net Income	85.93	60.5	47.6	38.18	47.75	48.09
Net Income to Common	85.93	60.5	47.6	38.18	47.75	48.09
Net Income Growth	50.73%	27.09%	24.70%	-20.05%	-0.69%	24.42%
Basic Shares Outstanding	18	18	18	18	19	19
Diluted Shares Outstanding	18	18	18	18	19	19
Shares Change	-1.65%	-1.91%	-1.38%	-0.99%	-0.44%	-0.66%
EPS (Basic)	4.89	3.41	2.63	2.08	2.58	2.58
EPS (Diluted)	4.89	3.40	2.63	2.08	2.57	2.58
EPS Growth	53.14%	29.47%	26.44%	-19.22%	-0.19%	25.24%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Dividend Per Share	0.575	0.575	0.550	0.525	0.500	0.470
Dividend Growth	-	4.54%	4.76%	5.00%	6.38%	5.62%
Effective Tax Rate	21.00%	20.07%	20.93%	21.24%	21.55%	22.56%