| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 45,990 | 33,085 |
| Depreciation | 1,810 | 1,198 |
| Credit loss expense | 10,982 | 5,007 |
| Loss on sale of investment securities available for sale | -4,294 | - |
| Forfeiture of common stock | 649 | 217 |
| Share-based compensation | 24 | 12 |
| Compensation expensed through issuance of common stock | 798 | 446 |
| Provision for deferred income taxes | -9,511 | -9,056 |
| Net loss (gain) on sale of other real estate owned and other repossessed assets | 313 | 366 |
| Loss from equity method investments | -334 | -219 |
| Increase in accrued interest receivable | 3,855 | 1,384 |
| Accretion of discount on investment securities, net | 2,232 | 1,450 |
| Increase in other assets | 1,379 | 183 |
| Amortization of operating lease right-of-use assets | 198 | 131 |
| Amortization of tax credit real estate investments | 1,239 | 954 |
| Increase (decrease) in accrued interest payable and other liabilities | -2,499 | -3,787 |
| Loans originated for sale | 118,378 | 74,751 |
| Proceeds on sales of loans | 119,844 | 73,612 |
| Net gain on sales of loans | 1,113 | 703 |
| Net cash and cash equivalents provided by operating activities | 46,210 | 23,499 |
| Proceeds from maturities of investment securities available for sale | 143,760 | 133,112 |
| Proceeds from sales of investment securities available for sale | 39,726 | - |
| Purchases of investment securities available for sale | 180,518 | 114,060 |
| Proceeds from sale of stock of federal home loan bank | 41,986 | 23,857 |
| Purchases of stock of federal home loan bank | 46,660 | 29,115 |
| Loans made to customers, net of collections | 120,216 | 79,243 |
| Proceeds on sale of other real estate owned and other repossessed assets | 1,216 | 486 |
| Purchases of property and equipment | 1,884 | 1,223 |
| Investment in tax credit real estate | 2,423 | 1,230 |
| Net changes from tax credit real estate investment | 0 | 0 |
| Net cash and cash equivalents used in investing activities | -125,013 | -67,416 |
| Net increase in deposits | 32,134 | -13,927 |
| Net increase in other short-term borrowings | 42,104 | -155,188 |
| Principal payments on short-term fhlb borrowings | 805,059 | 412,396 |
| Proceeds from the issuance of short-term fhlb borrowings | 762,909 | 370,246 |
| Principal payments on long-term fhlb borrowings | 313,317 | 103,067 |
| Proceeds from the issuance of long-term fhlb borrowings | 305,000 | 305,000 |
| Purchase of common stock | 11,119 | 7,518 |
| Proceeds from the issuance of common stock through the employee stock purchase plan | 265 | 177 |
| Dividends paid | 10,316 | 10,316 |
| Net cash and cash equivalents provided by financing activities | 2,601 | -26,989 |
| Decrease in cash and cash equivalents | -76,202 | -70,906 |
| Cash and cash equivalents at beginning of period | 123,399 | - |
| Cash and cash equivalents at end of period | 47,197 | - |
HILLS BANCORPORATION (HBIA)
HILLS BANCORPORATION (HBIA)