Hills Bank & Trust 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBVIE INC	COMMON STOCK	00287Y109	60	900	SH		SOLE		900	0	0
ABBVIE INC	COMMON STOCK	00287Y109	188	2,804	SH		OTR		2,804	0	0
AFLAC INC	COMMON STOCK	001055102	34	550	SH		SOLE		550	0	0
AFLAC INC	COMMON STOCK	001055102	255	4,100	SH		OTR		4,100	0	0
ALLIANT CORP	COMMON STOCK	018802108	118	2,050	SH		SOLE		2,050	0	0
ALLIANT CORP	COMMON STOCK	018802108	471	8,166	SH		OTR		8,166	0	0
AMERICAN EXPRESS CO	COMMON STOCK	025816109	479	6,165	SH		SOLE		6,165	0	0
AMERICAN EXPRESS CO	COMMON STOCK	025816109	1,274	16,398	SH		OTR		16,398	0	0
APPLE INC	COMMON STOCK	037833100	749	5,970	SH		SOLE		5,970	0	0
APPLE INC	COMMON STOCK	037833100	2,837	22,623	SH		OTR		22,623	0	0
AT&T INC	COMMON STOCK	00206R102	583	16,420	SH		SOLE		16,420	0	0
AT&T INC	COMMON STOCK	00206R102	983	27,674	SH		OTR		27,674	0	0
AUTOMATIC DATA PROCESSING INC	COMMON STOCK	053015103	164	2,050	SH		SOLE		2,050	0	0
AUTOMATIC DATA PROCESSING INC	COMMON STOCK	053015103	301	3,750	SH		OTR		3,750	0	0
BECTON DICKINSON	COMMON STOCK	075887109	1,014	7,155	SH		SOLE		7,155	0	0
BECTON DICKINSON	COMMON STOCK	075887109	2,133	15,057	SH		OTR		15,057	0	0
BERKSHIRE HATHAWAY INC CLASS A	COMMON STOCK	084670108	819	4	SH		OTR		4	0	0
BRINKER INTL INC	COMMON STOCK	109641100	390	6,762	SH		SOLE		6,762	0	0
BRINKER INTL INC	COMMON STOCK	109641100	1,016	17,625	SH		OTR		17,625	0	0
BRISTOL MYERS SQUIBB CO	COMMON STOCK	110122108	196	2,950	SH		SOLE		2,950	0	0
BRISTOL MYERS SQUIBB CO	COMMON STOCK	110122108	101	1,520	SH		OTR		1,520	0	0
CH ROBINSON WORLDWIDE INC	COMMON STOCK	12541W209	543	8,700	SH		SOLE		8,700	0	0
CH ROBINSON WORLDWIDE INC	COMMON STOCK	12541W209	1,180	18,914	SH		OTR		18,914	0	0
CHEVRON CORPORATION	COMMON STOCK	166764100	198	2,050	SH		SOLE		2,050	0	0
CHEVRON CORPORATION	COMMON STOCK	166764100	209	2,165	SH		OTR		2,165	0	0
CISCO SYSTEMS INC	COMMON STOCK	17275R102	70	2,550	SH		SOLE		2,550	0	0
CISCO SYSTEMS INC	COMMON STOCK	17275R102	159	5,773	SH		OTR		5,773	0	0
CLOROX COMPANY	COMMON STOCK	189054109	620	5,964	SH		SOLE		5,964	0	0
CLOROX COMPANY	COMMON STOCK	189054109	1,241	11,928	SH		OTR		11,928	0	0
COGNIZANT TECHNOLOGY SOLUTIONS	COMMON STOCK	192446102	830	13,585	SH		SOLE		13,585	0	0
COGNIZANT TECHNOLOGY SOLUTIONS	COMMON STOCK	192446102	2,205	36,096	SH		OTR		36,096	0	0
COMCAST CORP-SPECIAL CL A	COMMON STOCK	20030N200	400	6,675	SH		SOLE		6,675	0	0
COMCAST CORP-SPECIAL CL A	COMMON STOCK	20030N200	146	2,439	SH		OTR		2,439	0	0
CONSTELLATION BRANDS INC	COMMON STOCK	21036P108	75	650	SH		SOLE		650	0	0
CONSTELLATION BRANDS INC	COMMON STOCK	21036P108	177	1,525	SH		OTR		1,525	0	0
CVS HEALTH CORP	COMMON STOCK	126650100	650	6,200	SH		SOLE		6,200	0	0
CVS HEALTH CORP	COMMON STOCK	126650100	1,687	16,084	SH		OTR		16,084	0	0
DANAHER CORP	COMMON STOCK	235851102	214	2,500	SH		SOLE		2,500	0	0
DANAHER CORP	COMMON STOCK	235851102	30	354	SH		OTR		354	0	0
DEERE & CO	COMMON STOCK	244199105	199	2,050	SH		SOLE		2,050	0	0
DEERE & CO	COMMON STOCK	244199105	415	4,275	SH		OTR		4,275	0	0
DENTSPLY INTERNATIONAL INC	COMMON STOCK	249030107	771	14,966	SH		SOLE		14,966	0	0
DENTSPLY INTERNATIONAL INC	COMMON STOCK	249030107	1,596	30,957	SH		OTR		30,957	0	0
DISNEY WALT CO NEW	COMMON STOCK	254687106	91	800	SH		SOLE		800	0	0
DISNEY WALT CO NEW	COMMON STOCK	254687106	255	2,235	SH		OTR		2,235	0	0
DONALDSON INC	COMMON STOCK	257651109	973	27,185	SH		SOLE		27,185	0	0
DONALDSON INC	COMMON STOCK	257651109	1,986	55,481	SH		OTR		55,481	0	0
EBAY INC	COMMON STOCK	278642103	831	13,790	SH		SOLE		13,790	0	0
EBAY INC	COMMON STOCK	278642103	2,024	33,598	SH		OTR		33,598	0	0
EDWARDS LIFESCIENCES CORP	COMMON STOCK	28176E108	211	1,480	SH		OTR		1,480	0	0
EMERSON ELEC CO	COMMON STOCK	291011104	787	14,195	SH		SOLE		14,195	0	0
EMERSON ELEC CO	COMMON STOCK	291011104	1,552	28,005	SH		OTR		28,005	0	0
EXPRESS SCRIPTS HLDG	COMMON STOCK	30219G108	631	7,100	SH		SOLE		7,100	0	0
EXPRESS SCRIPTS HLDG	COMMON STOCK	30219G108	598	6,724	SH		OTR		6,724	0	0
EXXONMOBIL CORP	COMMON STOCK	30231G102	1,241	14,919	SH		SOLE		14,919	0	0
EXXONMOBIL CORP	COMMON STOCK	30231G102	2,383	28,637	SH		OTR		28,637	0	0
FASTENAL CO	COMMON STOCK	311900104	2,090	49,540	SH		SOLE		49,540	0	0
FASTENAL CO	COMMON STOCK	311900104	3,255	77,166	SH		OTR		77,166	0	0
FISERV INC	COMMON STOCK	337738108	1,418	17,125	SH		SOLE		17,125	0	0
FISERV INC	COMMON STOCK	337738108	2,788	33,662	SH		OTR		33,662	0	0
GENERAL ELECTRIC CORP	COMMON STOCK	369604103	453	17,039	SH		SOLE		17,039	0	0
GENERAL ELECTRIC CORP	COMMON STOCK	369604103	583	21,938	SH		OTR		21,938	0	0
GENERAL MILLS INC.	COMMON STOCK	370334104	717	12,876	SH		SOLE		12,876	0	0
GENERAL MILLS INC.	COMMON STOCK	370334104	1,573	28,228	SH		OTR		28,228	0	0
HOME DEPOT INC	COMMON STOCK	437076102	1,743	15,680	SH		SOLE		15,680	0	0
HOME DEPOT INC	COMMON STOCK	437076102	3,690	33,202	SH		OTR		33,202	0	0
ILLINOIS TOOL WKS INC	COMMON STOCK	452308109	1,456	15,865	SH		SOLE		15,865	0	0
ILLINOIS TOOL WKS INC	COMMON STOCK	452308109	3,160	34,429	SH		OTR		34,429	0	0
INTEL CORP	COMMON STOCK	458140100	1,004	33,015	SH		SOLE		33,015	0	0
INTEL CORP	COMMON STOCK	458140100	1,714	56,350	SH		OTR		56,350	0	0
INTERCONTINENTAL EXCHANGE INC	COMMON STOCK	45866F104	925	4,135	SH		SOLE		4,135	0	0
INTERCONTINENTAL EXCHANGE INC	COMMON STOCK	45866F104	2,051	9,174	SH		OTR		9,174	0	0
INTL. BUSINESS MACHINES CORP	COMMON STOCK	459200101	923	5,677	SH		SOLE		5,677	0	0
INTL. BUSINESS MACHINES CORP	COMMON STOCK	459200101	2,058	12,653	SH		OTR		12,653	0	0
JOHNSON & JOHNSON	COMMON STOCK	478160104	1,392	14,285	SH		SOLE		14,285	0	0
JOHNSON & JOHNSON	COMMON STOCK	478160104	3,590	36,834	SH		OTR		36,834	0	0
JP MORGAN CHASE & CO	COMMON STOCK	46625H100	804	11,860	SH		SOLE		11,860	0	0
JP MORGAN CHASE & CO	COMMON STOCK	46625H100	1,763	26,013	SH		OTR		26,013	0	0
MCDONALDS CORP	COMMON STOCK	580135101	1,036	10,900	SH		SOLE		10,900	0	0
MCDONALDS CORP	COMMON STOCK	580135101	2,230	23,452	SH		OTR		23,452	0	0
MICROSOFT CORP	COMMON STOCK	594918104	1,206	27,325	SH		SOLE		27,325	0	0
MICROSOFT CORP	COMMON STOCK	594918104	2,691	60,957	SH		OTR		60,957	0	0
MIDDLEBY CORP	COMMON STOCK	596278101	168	1,500	SH		SOLE		1,500	0	0
MIDDLEBY CORP	COMMON STOCK	596278101	489	4,361	SH		OTR		4,361	0	0
NIKE INC-CLASS B	COMMON STOCK	654106103	1,460	13,515	SH		SOLE		13,515	0	0
NIKE INC-CLASS B	COMMON STOCK	654106103	2,865	26,525	SH		OTR		26,525	0	0
OMNICOM GROUP	COMMON STOCK	681919106	683	9,830	SH		SOLE		9,830	0	0
OMNICOM GROUP	COMMON STOCK	681919106	1,411	20,301	SH		OTR		20,301	0	0
PEPSICO INC	COMMON STOCK	713448108	1,913	20,490	SH		SOLE		20,490	0	0
PEPSICO INC	COMMON STOCK	713448108	3,846	41,203	SH		OTR		41,203	0	0
PFIZER INC	COMMON STOCK	717081103	227	6,770	SH		SOLE		6,770	0	0
PFIZER INC	COMMON STOCK	717081103	161	4,788	SH		OTR		4,788	0	0
PHILIP MORRIS INTERNATIONAL	COMMON STOCK	718172109	56	700	SH		SOLE		700	0	0
PHILIP MORRIS INTERNATIONAL	COMMON STOCK	718172109	261	3,259	SH		OTR		3,259	0	0
PRAXAIR INC	COMMON STOCK	74005P104	260	2,178	SH		SOLE		2,178	0	0
PRAXAIR INC	COMMON STOCK	74005P104	24	200	SH		OTR		200	0	0
PROCTER & GAMBLE CO	COMMON STOCK	742718109	1,731	22,120	SH		SOLE		22,120	0	0
PROCTER & GAMBLE CO	COMMON STOCK	742718109	6,481	82,833	SH		OTR		82,833	0	0
QUALCOMM INC	COMMON STOCK	747525103	662	10,570	SH		SOLE		10,570	0	0
QUALCOMM INC	COMMON STOCK	747525103	1,407	22,468	SH		OTR		22,468	0	0
STATE STREET CORP	COMMON STOCK	857477103	1,296	16,826	SH		SOLE		16,826	0	0
STATE STREET CORP	COMMON STOCK	857477103	2,303	29,905	SH		OTR		29,905	0	0
STERICYCLE INC	COMMON STOCK	858912108	145	1,080	SH		SOLE		1,080	0	0
STERICYCLE INC	COMMON STOCK	858912108	514	3,835	SH		OTR		3,835	0	0
STRYKER CORPORATION	COMMON STOCK	863667101	229	2,395	SH		SOLE		2,395	0	0
STRYKER CORPORATION	COMMON STOCK	863667101	33	350	SH		OTR		350	0	0
T ROWE PRICE GROUP INC	COMMON STOCK	74144T108	1,413	18,177	SH		SOLE		18,177	0	0
T ROWE PRICE GROUP INC	COMMON STOCK	74144T108	2,074	26,680	SH		OTR		26,680	0	0
TARGET CORP	COMMON STOCK	87612E106	1,120	13,725	SH		SOLE		13,725	0	0
TARGET CORP	COMMON STOCK	87612E106	2,251	27,581	SH		OTR		27,581	0	0
THERMO FISHER SCIENTIFIC INC	COMMON STOCK	883556102	801	6,175	SH		SOLE		6,175	0	0
THERMO FISHER SCIENTIFIC INC	COMMON STOCK	883556102	1,872	14,429	SH		OTR		14,429	0	0
UNION PAC CORP	COMMON STOCK	907818108	129	1,350	SH		SOLE		1,350	0	0
UNION PAC CORP	COMMON STOCK	907818108	402	4,220	SH		OTR		4,220	0	0
US BANCORP NEW	COMMON STOCK	902973304	133	3,060	SH		SOLE		3,060	0	0
US BANCORP NEW	COMMON STOCK	902973304	1,811	41,730	SH		OTR		41,730	0	0
VERIZON COMMUNICATIONS	COMMON STOCK	92343V104	727	15,595	SH		SOLE		15,595	0	0
VERIZON COMMUNICATIONS	COMMON STOCK	92343V104	744	15,969	SH		OTR		15,969	0	0
WAL MART STORES INC	COMMON STOCK	931142103	79	1,120	SH		SOLE		1,120	0	0
WAL MART STORES INC	COMMON STOCK	931142103	196	2,770	SH		OTR		2,770	0	0
WALGREENS BOOTS ALLIANCE INC	COMMON STOCK	931427108	194	2,300	SH		SOLE		2,300	0	0
WALGREENS BOOTS ALLIANCE INC	COMMON STOCK	931427108	157	1,854	SH		OTR		1,854	0	0
WELLS FARGO & CO	COMMON STOCK	949746101	1,317	23,423	SH		SOLE		23,423	0	0
WELLS FARGO & CO	COMMON STOCK	949746101	2,981	52,999	SH		OTR		52,999	0	0
YUM! BRANDS INC	COMMON STOCK	988498101	108	1,200	SH		SOLE		1,200	0	0
YUM! BRANDS INC	COMMON STOCK	988498101	233	2,590	SH		OTR		2,590	0	0
DIAGEO PLC SPONS ADR	COMMON STOCK	25243Q205	58	500	SH		SOLE		500	0	0
DIAGEO PLC SPONS ADR	COMMON STOCK	25243Q205	176	1,517	SH		OTR		1,517	0	0
NOVARTIS AG SPONS ADR	COMMON STOCK	66987V109	820	8,342	SH		SOLE		8,342	0	0
NOVARTIS AG SPONS ADR	COMMON STOCK	66987V109	1,636	16,633	SH		OTR		16,633	0	0
TEVA PHARMACEUTICAL INDS SPONS	COMMON STOCK	881624209	1,100	18,605	SH		SOLE		18,605	0	0
TEVA PHARMACEUTICAL INDS SPONS	COMMON STOCK	881624209	2,172	36,750	SH		OTR		36,750	0	0
ACCENTURE PLC CL A	COMMON STOCK	G1151C101	44	450	SH		SOLE		450	0	0
ACCENTURE PLC CL A	COMMON STOCK	G1151C101	159	1,645	SH		OTR		1,645	0	0
AON PLC	COMMON STOCK	G0408V102	110	1,100	SH		SOLE		1,100	0	0
AON PLC	COMMON STOCK	G0408V102	237	2,375	SH		OTR		2,375	0	0
SCHLUMBERGER LTD	COMMON STOCK	806857108	164	1,900	SH		SOLE		1,900	0	0
SCHLUMBERGER LTD	COMMON STOCK	806857108	98	1,139	SH		OTR		1,139	0	0
SUN LIFE FINANCIAL INC	COMMON STOCK	866796105	735	22,000	SH		OTR		22,000	0	0
SUNCOR ENERGY INC	COMMON STOCK	867224107	208	7,575	SH		SOLE		7,575	0	0
SUNCOR ENERGY INC	COMMON STOCK	867224107	114	4,150	SH		OTR		4,150	0	0
ISHARES MSCI EAFE ETF	OTHER	464287465	2,461	38,767	SH		SOLE		0	0	0
ISHARES MSCI EAFE ETF	OTHER	464287465	8,834	139,138	SH		OTR		0	0	0
ENERGY SELECT SECTOR SPDR	OTHER	81369Y506	2,824	37,575	SH		SOLE		0	0	0
ENERGY SELECT SECTOR SPDR	OTHER	81369Y506	6,512	86,642	SH		OTR		0	0	0
ISHARES CORE S&P SMALL-CAP ETF	OTHER	464287804	539	4,570	SH		SOLE		0	0	0
ISHARES CORE S&P SMALL-CAP ETF	OTHER	464287804	4,802	40,734	SH		OTR		0	0	0
ISHARES DJ US HEALTH CAR PRO E	OTHER	464288828	901	6,301	SH		SOLE		0	0	0
ISHARES DJ US HEALTH CAR PRO E	OTHER	464288828	1,735	12,134	SH		OTR		0	0	0
ISHARES DJ US INSURANCE ETF	OTHER	464288786	1,150	22,760	SH		SOLE		0	0	0
ISHARES DJ US INSURANCE ETF	OTHER	464288786	2,414	47,769	SH		OTR		0	0	0
MATERIALS SELECT SPDR FUND	OTHER	81369Y100	1,594	32,940	SH		SOLE		0	0	0
MATERIALS SELECT SPDR FUND	OTHER	81369Y100	3,400	70,262	SH		OTR		0	0	0
POWERSHARES DYN BIOTECH & GENO	OTHER	73935X856	955	16,373	SH		SOLE		0	0	0
POWERSHARES DYN BIOTECH & GENO	OTHER	73935X856	2,353	40,320	SH		OTR		0	0	0
SPDR S&P MIDCAP 400 ETF TRUST	OTHER	78467Y107	6,709	24,556	SH		SOLE		0	0	0
SPDR S&P MIDCAP 400 ETF TRUST	OTHER	78467Y107	22,040	80,672	SH		OTR		0	0	0
SPDR S&P OIL & GAS EQUIP & SER	OTHER	78464A748	450	17,285	SH		SOLE		0	0	0
SPDR S&P OIL & GAS EQUIP & SER	OTHER	78464A748	982	37,675	SH		OTR		0	0	0
SPDR S&P 500 ETF TRUST	OTHER	78462F103	9,331	45,330	SH		SOLE		0	0	0
SPDR S&P 500 ETF TRUST	OTHER	78462F103	33,110	160,845	SH		OTR		0	0	0
VANGUARD DIVIDEND APPREC ETF	OTHER	921908844	69	875	SH		SOLE		0	0	0
VANGUARD DIVIDEND APPREC ETF	OTHER	921908844	132	1,685	SH		OTR		0	0	0
FLEXSHARES IBOXX 3-YEAR TARG	OTHER	33939L506	2,422	98,535	SH		SOLE		0	0	0
FLEXSHARES IBOXX 3-YEAR TARG	OTHER	33939L506	11,523	468,809	SH		OTR		0	0	0