Company research
HILLS BANCORPORATION
CIK 732417Updated Sep 26, 2026
SecurityHBIA · OTC · equity
HBIA price & chart
Loading TradingView…
OTC:HBIA on TradingView ↗In the news
No coverage from other publishers is available.
Recent filings
13F-NT filing
10-Q filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.03, 9.01
Entry into a Material Definitive Agreement
Items 1.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 4,647,870,000Source | 4,588,242,000Source | 4,341,667,000Source | 3,980,481,000Source |
| Property, Plant and Equipment, NetUSD | 36,040,000Source | 35,868,000Source | 34,230,000Source | 33,518,000Source |
| GoodwillUSD | 2,500,000Source | 2,500,000Source | 2,500,000Source | 2,500,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 42,114,000Source | 123,399,000Source | 59,482,000Source | 36,641,000Source |
| Operating Lease, Right-of-Use AssetUSD | 1,600,000Source | 1,870,000Source | 2,130,000Source | 2,110,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 4,045,161,000Source | 4,047,298,000Source | 3,826,528,000Source | 3,501,210,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | 629,068,000Source | 578,882,000Source | 541,329,000Source | 512,841,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,304,000Source | -27,300,000Source | -27,176,000Source | -41,060,000Source |
| Stockholders' Equity Attributable to ParentUSD | 548,234,000Source | 492,687,000Source | 470,286,000Source | 428,260,000Source |
| Additional Paid in Capital, Common StockUSD | 65,183,000Source | 64,644,000Source | 63,827,000Source | 63,220,000Source |
| Liabilities and EquityUSD | 4,647,870,000Source | 4,588,242,000Source | 4,341,667,000Source | 3,980,481,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 36,000Source | 23,000Source | 25,000Source | 25,000Source |
| Deferred Income Tax Expense (Benefit)USD | -2,500,000Source | 176,000Source | -1,873,000Source | -1,307,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 68,809,000Source | 55,542,000Source | 52,840,000Source | 56,461,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -123,729,000Source | -190,369,000Source | -331,999,000Source | -731,610,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 3,670,000Source | 4,501,000Source | 3,027,000Source | 1,911,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 111,000Source | 56,000Source | — | — |
| Payments for Repurchase of Common StockUSD | 15,634,000Source | 12,902,000Source | 7,710,000Source | 7,906,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -26,365,000Source | 198,744,000Source | 302,000,000Source | -70,128,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -81,285,000Source | 63,917,000Source | 22,841,000Source | -745,277,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 42,114,000Source | 123,399,000Source | 59,482,000Source | 36,641,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 6,458,000Source | — | — | — |
| Additional Financial Items | ||||
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | -9,633,000Source | -5,217,000Source | — | — |
| DepreciationUSD | 2,428,000Source | 2,243,000Source | 2,315,000Source | 2,683,000Source |
| Equipment ExpenseUSD | 7,456,000Source | 6,757,000Source | 6,835,000Source | 6,937,000Source |
| Gain (Loss) on Disposition of AssetsUSD | -1,071,000Source | -616,000Source | — | — |
| Gain (Loss) on Sale of InvestmentsUSD | -9,633,000Source | -5,217,000Source | — | 0Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -1,071,000Source | — | — | — |
| Gain (Loss) on Sales of Loans, NetUSD | 1,637,000Source | 2,342,000Source | 1,541,000Source | 1,517,000Source |
| GoodwillUSD | 2,500,000Source | 2,500,000Source | 2,500,000Source | 2,500,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | -449,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 15,189,000Source | 12,599,000Source | 10,298,000Source | 13,114,000Source |
| Net Income (Loss) Attributable to ParentUSD | 60,502,000Source | 47,604,000Source | 38,176,000Source | 47,753,000Source |
| Operating Lease, ExpenseUSD | 480,000Source | 550,000Source | 500,000Source | 580,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 167,282,000Source | 243,712,000Source | 116,083,000Source | 78,036,000Source |
| Proceeds from Stock Options ExercisedUSD | 120,000Source | 0Source | 0Source | 238,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 10,724,000Source | 4,418,000Source | 14,941,000Source | 5,760,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 12,325,000Source | 2,208,000Source | 15,621,000Source | 6,340,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 190,000Source | 90,000Source | 10,000Source | 40,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 75,691,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 15,189,000Source | 12,599,000Source | 10,298,000Source | 13,114,000Source |
| Net Income (Loss) Attributable to ParentUSD | 60,502,000Source | 47,604,000Source | 38,176,000Source | 47,753,000Source |
| Earnings Per Share, BasicUSD per share | 6.82Source | 5.26Source | 4.16Source | 5.15Source |
| Earnings Per Share, DilutedUSD per share | 6.81Source | 5.26Source | 4.16Source | 5.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,876,888Source | 9,050,581Source | 9,176,721Source | 9,267,848Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 8,878,124Source | 9,051,117Source | 9,177,375Source | 9,269,541Source |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1.15Source | 1.1Source | 1.05Source | 1Source |
| Equipment ExpenseUSD | 7,456,000Source | 6,757,000Source | 6,835,000Source | 6,937,000Source |
| Interest ExpenseUSD | — | — | 57,033,000Source | 16,085,000Source |
| InterestExpenseOperatingUSD | 83,594,000Source | 87,617,000Source | — | — |
| Interest Income (Expense), NetUSD | 150,180,000Source | 115,823,000Source | 113,886,000Source | 115,002,000Source |
| Interest Income, OperatingUSD | 233,774,000Source | 203,440,000Source | 170,919,000Source | 131,087,000Source |
| Labor and Related ExpenseUSD | 46,176,000Source | 44,548,000Source | 44,897,000Source | 43,468,000Source |
| Operating Lease, ExpenseUSD | 480,000Source | 550,000Source | 500,000Source | 580,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 190,000Source | 90,000Source | 10,000Source | 40,000Source |