Hills Bancorporation (the "Company") is a holding company principally engaged, through its subsidiary bank, in the business of banking. The Company was incorporated December 12, 1982 and all operations are conducted within the state of Iowa. The Company became owner of 100% of the outstanding stock of Hills Bank and Trust Company, Hills, Iowa (“Hills Bank and Trust” or the “Bank”) as of January 23, 1984 when stockholders of Hills Bank and Trust exchanged their shares for shares of the Company. Effective July 1, 1996, the Company formed a new subsidiary, Hills Bank, which acquired for cash all the outstanding shares of a bank in Lisbon, Iowa. Subsequently an office of Hills Bank was opened in Mount Vernon, Iowa, a community that is contiguous to Lisbon. Effective November 17, 2000, Hills Bank was merged into the Bank. On September 20, 1996, another subsidiary, Hills Bank Kalona, acquired cash and other assets and assumed the deposits of the Kalona, Iowa office of Boatmen's Bank Iowa, N.A. Effective October 26, 2001, Hills Bank Kalona was merged into the Bank.
Company profile
Ticker
HBIA
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Hills Bank and Trust Company ...
IRS number
421208067
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Submission of Matters to a Vote of Security Holders
16 Apr 24
8-K
Results of Operations and Financial Condition
15 Apr 24
ARS
2023 FY
Annual report to shareholders
26 Mar 24
DEF 14A
Definitive proxy
15 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
8 Aug 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
DEFA14A
Additional proxy soliciting materials
21 Jul 23
Latest ownership filings
4
Amy E. T. Sparks
20 May 24
3
Amy E. T. Sparks
20 May 24
3
William A Wever II
20 May 24
13F-NT
Notice of holdings reported by another manager
7 May 24
SC 13G/A
HILLS BANCORPORATION / HILLS BANCORPORATION ownership change
12 Feb 24
5
Anthony V Roetlin
7 Feb 24
5
Lisa A Shileny
7 Feb 24
13F-NT
Notice of holdings reported by another manager
7 Feb 24
13F-NT
Notice of holdings reported by another manager
26 Oct 23
4
Anthony V Roetlin
26 Oct 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 94.05 mm | 94.05 mm | 94.05 mm | 94.05 mm | 94.05 mm | 94.05 mm |
Cash burn (monthly) | (no burn) | 4.38 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 11.38 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 82.67 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 18.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 May 24 | Amy E. T. Sparks | Stock Options Common Stock | Grant | Acquire A | No | No | 68 | 1,764 | 119.95 k | 1,764 |
7 Feb 24 | Lisa A Shileny | Common Stock | Grant | Acquire A | Yes | No | 0 | 301 | 0.00 | 2,293 |
4 Jan 24 | Lisa A Shileny | Common Stock | Grant | Acquire A | No | No | 59.4 | 65.3 | 3.88 k | 6,190.464 |
4 Jan 24 | Anthony V Roetlin | Common Stock | Grant | Acquire A | No | No | 59.4 | 37.879 | 2.25 k | 1,300.805 |