hbia: the income statement

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HILLS BANCORPORATION (HBIA)

For the quarter ending 2025-06-30, HBIA made $66,516K in revenue. $18,652K in net income. Net profit margin of 28.04%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2024-09-30	2024-06-30
Fee income-Deposit Account	3,393	-	-
Fee income-Fiduciary And Trust	4,260	-	-
Other noninterest income	422	64	188
Net gain on sale of loans	459	732	669
Fee income	-	7,084	7,204
Noninterest income	8,534	7,880	8,061
Office supplies and postage	463	561	442
Other noninterest expense	934	569	1,109
Salaries and employee benefits	11,251	11,045	11,063
Fdic insurance assessment	497	473	486
Furniture and equipment	1,849	1,680	1,686
Outside services	3,917	3,517	3,311
Occupancy	1,086	1,147	996
Advertising and business development	801	639	630
Noninterest expenses	20,798	19,631	19,723
Credit loss expense	1,137	2,310	675
Nontaxable	2,728	2,152	1,719
Taxable	6,389	3,544	3,192
Federal funds sold	146	386	377
Loans, including fees	48,719	45,762	44,415
Total interest income	57,982	51,844	49,703
Other short-term borrowings	1,994	3,932	4,475
Fhlb borrowings	4,743	2,686	2,021
Deposits	14,206	15,798	15,210
Total interest expense	20,943	22,416	21,706
Net interest income	37,039	29,428	27,997
Net interest income after credit loss expense	35,902	27,118	27,322
Income before income taxes	23,638	15,367	15,660
Income taxes	4,986	3,197	3,348
Net income	18,652	12,170	12,312

Basic (in dollars per share)	2.09	1.35	1.35
Diluted (in dollars per share)	2.09	1.35	1.35
Weighted average number of shares (diluted) (in shares)	8,904,871	9,023,916	9,081,163
Weighted average shares outstanding (basic) (in shares)	8,903,576	9,023,389	9,080,687

Unit: Thousand (K) dollars (except for numbers of shares and EPS)