HBIA 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-08-06

• •On May 11, 2026, the Company entered into a material definitive agreement for the acquisition of land and improvements consisting of approximately 19.2 acres with a purchase price of $20.70 million. The Company intends to use the property to consolidate operational teams in a single location and to…

• Overall credit quality in the loan portfolio remained stable during 2026, with certain metrics reflecting modest improvement compared to December 31, 2025. Nonperforming assets declined during the last six months, driven primarily by reductions in nonaccrual loans across several loan categories. Acc…

• Accruing loans past due 90 days or more decreased $1.74 million from December 31, 2025 to June 30, 2026. As of June 30, 2026 and December 31, 2025, accruing loans past due 90 days or more were 0.02% and 0.07% of total loans, respectively. The average balance of the accruing loans past due 90 days or…

• Federal and state income tax expenses were $12.75 million and $8.32 million for the six months ended June 30, 2026 and 2025, respectively. Income taxes as a percentage of income before taxes were 21.01% in 2026 and 20.09% in 2025. See Note 10 Income Taxes for additional information.

• The objective of liquidity management is to ensure the availability of sufficient cash flows to fund operations, to meet depositor withdrawals, to provide for our customers' credit needs, and to meet maturing obligations and existing commitments. The Company's principal source of funds is deposits. …

相对上期删除的文字 · 来源:10-Q · 2026-05-11

• Overall credit quality in the loan portfolio remained stable during the first quarter of 2026, with certain metrics reflecting modest improvement compared to December 31, 2025. Nonperforming assets declined during the quarter, driven primarily by reductions in nonaccrual loans across several loan ca…

• the quarter and represented a low percentage of total loans at March 31, 2026. Management believes loans that remained accruing while past due were generally well‑collateralized. Delinquency levels declined during the quarter, reflecting improvements in customer payment performance and continued pro…

• Accruing loans past due 90 days or more decreased $1.88 million from December 31, 2025 to March 31, 2026. As of March 31, 2026 and December 31, 2025, accruing loans past due 90 days or more were 0.02% and 0.07% of total loans, respectively. The average balance of the accruing loans past due 90 days …

• In January 2026, Hills Bancorporation paid a dividend of 10.81 million or $1.23 per share. The dividend paid in January 2025 was $1.15 per share. After payment of the dividend and the adjustment for accumulated other comprehensive income (loss), stockholders’ equity as of March 31, 2026 totaled $545…

• The Bank elected to use the Community Bank Leverage Ratio (CBLR) framework as provided for in the Economic Growth, Regulatory Relief and Consumer Protection Act. Under the CBLR framework, the Bank is required to maintain a CBLR of greater than 9.00%, as measured by dividing the Bank's Tier 1 capital…

相对上期新增的文字 · 来源:10-Q · 2026-08-06

• During the six month period ended June 30, 2026, management continued to execute its remediation plan and implemented several enhancements to the Company's internal control over financial reporting. These activities included the continued

• development and implementation of controls designed to address property and equipment accounting and asset disposition tracking, the identification, evaluation and disclosure of related-party transactions, the Allowance for Credit Losses ("ACL") policy and methodology framework, review process suppo…

• The actions the Company is taking under its remediation plan are subject to ongoing management review and are also subject to Audit Committee oversight. Management remains committed to the full remediation of the identified material weaknesses and will continue to devote significant time, attention,…

• Each material weakness identified above cannot be considered remediated until the applicable remedial controls operate for a sufficient period of time and management has concluded, through testing, that these controls are operating effectively. Therefore, management believes these actions have stren…

• During the quarter ended June 30, 2026, the Company implemented and enhanced certain controls as part of its ongoing remediation efforts to address the material weaknesses described above. These actions included implementing additional controls over property and equipment accounting, finalizing cont…

相对上期删除的文字 · 来源:10-Q · 2026-05-11

• Nominating Committee recruited, and the Board of Directors nominated for election to the Board of Directors at the 2026 Annual Meeting of Shareholders, an individual with prior public company auditing experience, including time as a partner with a major national accounting firm.

• The actions the Company is taking under its remediation plan are subject to ongoing management review and are also subject to Audit Committee oversight. Management remains committed to the full remediation of the identified material weaknesses and will continue to devote significant time, attention,…

• Each material weakness identified above cannot be considered remediated until the applicable remedial controls operate for a sufficient period of time and management has concluded, through testing, that these controls are operating effectively.

• Except as otherwise discussed above, there were no changes in our internal controls over financial reporting that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting, including any corrective actions with regard to the cont…