Call reports 2023
HILLS BANK AND TRUST COMPANY — 2023
What HILLS BANK AND TRUST COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 4,175,277,000 | 4,133,559,000 | 4,244,301,000 | 4,340,318,000 |
| Total loans | 3,201,849,000 | 3,306,257,000 | 3,368,747,000 | 3,440,805,000 |
| Allowance for loan losses | 41,070,000 | 44,270,000 | 48,400,000 | 49,410,000 |
| Securities available for sale | 764,441,000 | 720,973,000 | 695,734,000 | 779,421,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,445,920,000 | 3,283,820,000 | 3,363,857,000 | 3,283,962,000 |
| Interest-bearing deposits | 2,817,842,000 | 2,651,080,000 | 2,757,915,000 | 2,683,034,000 |
| Noninterest-bearing deposits | 628,078,000 | 632,740,000 | 605,942,000 | 600,928,000 |
| Equity capital | 487,339,000 | 492,792,000 | 492,555,000 | 516,889,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 38,787,000 | 80,470,000 | 124,671,000 | 170,919,000 |
| Interest expense | 9,587,000 | 22,458,000 | 38,356,000 | 57,033,000 |
| Net interest income | 29,200,000 | 58,012,000 | 86,315,000 | 113,886,000 |
| Noninterest income | 6,846,000 | 14,517,000 | 22,150,000 | 29,792,000 |
| Noninterest expense | 19,698,000 | 38,928,000 | 58,686,000 | 79,384,000 |
| Provision for loan losses | 228,000 | 3,647,000 | 9,974,000 | 14,941,000 |
| Pretax income | 15,980,000 | 30,554,000 | 39,805,000 | 48,673,000 |
| Income tax | 3,486,000 | 6,658,000 | 8,528,000 | 10,352,000 |
| Net income | 12,494,000 | 23,896,000 | 31,277,000 | 38,321,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 519,497,000 | 528,953,000 | 536,635,000 | 541,566,000 |