HBT Financial (HBT) 10-K 7 Mar 25 2024 FY Annual report Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Feb. 19, 2025	Jun. 30, 2024
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-39085
Entity Registrant Name	HBT Financial, Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	37-1117216
Entity Address, Address Line One	401 North Hershey Rd
Entity Address, City or Town	Bloomington
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	61704
City Area Code	309
Local Phone Number	662-4444
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	HBT
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Public Float			$ 258
Entity Common Stock, Shares Outstanding		31,559,366
Documents Incorporated by Reference	Items 10, 11, 12, 13 and 14 of Part III incorporate information by reference from the definitive Proxy Statement for the 2025 Annual Meeting of Stockholders of HBT Financial, Inc. to be filed within 120 days of December 31, 2024.
Amendment Flag	false
Entity Central Index Key	0000775215
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2024

AUDIT INFORMATION

AUDIT INFORMATION	12 Months Ended
	Dec. 31, 2024
Audit Information [Abstract]
Auditor Firm ID	49
Auditor Name	RSM US LLP
Auditor Location	Chicago, Illinois

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 29,552	$ 26,256
Interest-bearing deposits with banks	108,140	114,996
Cash and cash equivalents	137,692	141,252
Interest-bearing time deposits with banks	0	509
Debt securities available-for-sale, at fair value	698,049	759,461
Debt securities held-to-maturity (fair value of $445,186 at 2024 and $466,496 at 2023)	499,858	521,439
Equity securities with readily determinable fair value	3,315	3,360
Equity securities with no readily determinable fair value	2,629	2,505
Restricted stock, at cost	5,086	7,160
Loans held for sale	1,586	2,318
Loans, before allowance for credit losses	3,466,146	3,404,417
Allowance for credit losses	(42,044)	(40,048)
Loans, net of allowance for credit losses	3,424,102	3,364,369
Bank owned life insurance	23,989	23,905
Bank premises and equipment, net	66,758	65,150
Bank premises held for sale	317	0
Foreclosed assets	367	852
Goodwill	59,820	59,820
Intangible assets, net	17,843	20,682
Mortgage servicing rights, at fair value	18,827	19,001
Investments in unconsolidated subsidiaries	1,614	1,614
Accrued interest receivable	24,770	24,534
Other assets	46,280	55,239
Total assets	5,032,902	5,073,170
Deposits:
Noninterest-bearing	1,046,405	1,072,407
Interest-bearing	3,271,849	3,329,030
Total deposits	4,318,254	4,401,437
Securities sold under agreements to repurchase	28,969	42,442
FHLB advances	13,231	12,623
Subordinated notes	39,553	39,474
Junior subordinated debentures issued to capital trusts	52,849	52,789
Other liabilities	35,441	34,909
Total liabilities	4,488,297	4,583,674
COMMITMENTS AND CONTINGENCIES (Note 23)
Stockholders' Equity
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value; 125,000,000 shares authorized; shares issued of 32,827,039 at 2024 and 32,730,698 at 2023; shares outstanding of 31,559,366 at 2024 and 31,695,828 at 2023	328	327
Surplus	297,297	295,877
Retained earnings	316,764	269,051
Accumulated other comprehensive income (loss)	(46,765)	(57,163)
Treasury stock at cost, 1,267,673 shares at 2024 and 1,034,870 at 2023	(23,019)	(18,596)
Total stockholders’ equity	544,605	489,496
Total liabilities and stockholders’ equity	$ 5,032,902	$ 5,073,170

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Stockholders' Equity
Debt securities held-to-maturity	$ 445,186	$ 466,496
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	25,000,000	25,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	125,000,000	125,000,000
Common stock, issued (in shares)	32,827,039	32,730,698
Common stock, outstanding (in shares)	31,559,366	31,695,828
Treasury stock, (in shares)	1,267,673	1,034,870

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Loans, including fees:
Taxable	$ 210,340	$ 191,008	$ 120,343
Federally tax exempt	4,523	4,189	3,135
Debt securities:
Taxable	25,801	25,746	23,237
Federally tax exempt	2,102	4,225	4,569
Interest-bearing deposits in bank	8,272	3,020	1,541
Other interest and dividend income	662	811	229
Total interest and dividend income	251,700	228,999	153,054
INTEREST EXPENSE
Deposits	56,047	25,135	2,511
Securities sold under agreements to repurchase	594	255	36
Borrowings	480	7,128	967
Subordinated notes	1,879	1,879	1,879
Junior subordinated debentures issued to capital trusts	3,850	3,530	1,787
Total interest expense	62,850	37,927	7,180
Net interest income	188,850	191,072	145,874
PROVISION FOR CREDIT LOSSES	3,031	7,573	(706)
Net interest income after provision for credit losses	185,819	183,499	146,580
NONINTEREST INCOME
Mortgage servicing	4,437	4,678	2,609
Mortgage servicing rights fair value adjustment	(174)	(1,615)	2,153
Gains on sale of mortgage loans	1,611	1,526	1,461
Realized gains (losses) on sales of securities	(3,697)	(1,820)	0
Unrealized gains (losses) on equity securities	(59)	160	(414)
Gains (losses) on foreclosed assets	22	501	(314)
Gains (losses) on other assets	(635)	166	136
Income on bank owned life insurance	915	573	164
Other noninterest income	3,190	3,105	2,366
Total noninterest income	35,571	36,046	34,717
NONINTEREST EXPENSE
Salaries	65,130	67,453	51,767
Employee benefits	11,311	10,037	8,325
Occupancy of bank premises	10,293	9,918	7,673
Furniture and equipment	2,004	2,790	2,476
Data processing	11,169	12,352	7,441
Marketing and customer relations	4,320	5,043	3,803
Amortization of intangible assets	2,839	2,670	873
FDIC insurance	2,254	2,280	1,164
Loan collection and servicing	2,056	1,402	1,049
Foreclosed assets	109	251	293
Other noninterest expense	12,522	16,768	20,243
Total noninterest expense	124,007	130,964	105,107
INCOME BEFORE INCOME TAX EXPENSE	97,383	88,581	76,190
INCOME TAX EXPENSE	25,603	22,739	19,734
NET INCOME	$ 71,780	$ 65,842	$ 56,456
EARNINGS PER SHARE - BASIC (in dollars per share)	$ 2.27	$ 2.08	$ 1.95
EARNINGS PER SHARE - DILUTED (in dollars per share)	$ 2.26	$ 2.07	$ 1.95
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING (in shares)	31,590,117	31,626,308	28,853,697
Card income
NONINTEREST INCOME
Revenue	$ 11,051	$ 11,043	$ 10,329
Wealth management fees
NONINTEREST INCOME
Revenue	10,978	9,883	9,155
Service charges on deposit accounts
NONINTEREST INCOME
Revenue	$ 7,932	$ 7,846	$ 7,072

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 71,780	$ 65,842	$ 56,456
OTHER COMPREHENSIVE INCOME (LOSS)
Unrealized gains (losses) on debt securities available-for-sale	9,023	16,949	(105,459)
Reclassification adjustment for losses on sale of debt securities available-for-sale realized in income	3,697	1,820	0
Reclassification adjustment for amortization of net unrealized losses on debt securities transferred to held-to-maturity	1,992	1,954	1,723
Unrealized gains on derivative instruments	64	161	1,183
Reclassification adjustment for net settlements on derivative instruments	(348)	(468)	126
Other comprehensive income (loss), before tax	14,428	20,416	(102,427)
Income tax expense (benefit)	4,030	5,820	(29,197)
Total other comprehensive income (loss)	10,398	14,596	(73,230)
TOTAL COMPREHENSIVE INCOME (LOSS)	$ 82,178	$ 80,438	$ (16,774)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Surplus	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Beginning balance (in shares) at Dec. 31, 2021			28,986,061
Beginning balance at Dec. 31, 2021	$ 411,881		$ 293	$ 220,891	$ 194,132		$ 1,471	$ (4,906)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	56,456				56,456
Other comprehensive loss	(73,230)						(73,230)
Stock-based compensation	1,949			1,949
Issuance of common stock upon vesting of restricted stock units, net of tax withholdings (in shares)			31,944
Issuance of common stock upon vesting of restricted stock units, net of tax withholdings	(57)			(57)
Repurchase of common stock (in shares)			(265,379)
Repurchase of common stock	(4,783)							(4,783)
Cash dividends and dividend equivalents	(18,584)				(18,584)
Ending balance (in shares) at Dec. 31, 2022			28,752,626
Ending balance at Dec. 31, 2022	$ 373,632	$ (6,922)	$ 293	222,783	232,004	$ (6,922)	(71,759)	(9,689)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2016-13 [Member]
Net income	$ 65,842				65,842
Other comprehensive loss	14,596						14,596
Stock-based compensation	1,953			1,953
Issuance of common stock upon vesting of restricted stock units, net of tax withholdings (in shares)			43,607
Issuance of common stock upon vesting of restricted stock units, net of tax withholdings	(181)			(181)
Issuance of common stock in town and country acquisition (in shares)			3,378,600
*reserved for future use*	71,356		$ 34	71,322
Repurchase of common stock (in shares)			(479,005)
Repurchase of common stock	(8,907)							(8,907)
Cash dividends and dividend equivalents	$ (21,873)				(21,873)
Ending balance (in shares) at Dec. 31, 2023	31,695,828		31,695,828
Ending balance at Dec. 31, 2023	$ 489,496	$ 116	$ 327	295,877	269,051	$ 116	(57,163)	(18,596)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2016-13 [Member]
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2023-02
Net income	$ 71,780				71,780
Other comprehensive loss	10,398						10,398
Stock-based compensation	1,752			1,752
Issuance of common stock upon vesting of restricted stock units, net of tax withholdings (in shares)			96,341
Issuance of common stock upon vesting of restricted stock units, net of tax withholdings	(331)		$ 1	(332)
Repurchase of common stock (in shares)			(232,803)
Repurchase of common stock	(4,423)							(4,423)
Cash dividends and dividend equivalents	$ (24,183)				(24,183)
Ending balance (in shares) at Dec. 31, 2024	31,559,366		31,559,366
Ending balance at Dec. 31, 2024	$ 544,605		$ 328	$ 297,297	$ 316,764		$ (46,765)	$ (23,019)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2023-02

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends (in dollars per share)	$ 0.76	$ 0.68	$ 0.64

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 71,780	$ 65,842	$ 56,456
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	2,944	3,108	3,043
Provision for credit losses	3,031	7,573	(706)
Net amortization of debt securities	3,641	5,730	6,959
Deferred income tax expense (benefit)	996	3,817	(2,919)
Stock-based compensation	1,752	1,953	1,949
Net accretion of discount and deferred loan fees on loans	(7,187)	(7,228)	(5,337)
Net realized loss on sales of securities	3,697	1,820	0
Net unrealized loss (gain) on equity securities	59	(160)	414
Net loss (gain) on disposals of bank premises and equipment	55	(84)	(9)
Net gain on sales of bank premises held for sale	0	(81)	(187)
Impairment losses on bank premises held for sale	580	0	60
Net gain on sales of foreclosed assets	(112)	(764)	(118)
Write-down of foreclosed assets	90	263	432
Amortization of intangibles	2,839	2,670	873
Decrease (increase) in mortgage servicing rights	174	1,615	(2,153)
Amortization of discount and issuance costs on subordinated notes and debentures	139	139	145
Amortization of discount on Federal Home Loan Bank advances	401	379	0
Amortization of premium on interest-bearing time deposits with banks	0	0	5
Amortization of premium on time deposits	(108)	(400)	(188)
Mortgage loans originated for sale	(62,649)	(69,663)	(56,240)
Proceeds from sale of mortgage loans	64,992	71,098	62,028
Net gain on sale of mortgage loans	(1,611)	(1,526)	(1,461)
Increase in cash surrender value of bank owned life insurance	(668)	(566)	(164)
Net gain on bank owned life insurance proceeds	(247)	0	0
Increase in accrued interest receivable	(236)	(1,915)	(4,605)
Decrease (increase) in other assets	3,053	2,174	(8,007)
Increase (decrease) in other liabilities	1,967	(19,965)	22,316
Net cash provided by operating activities	89,372	65,829	72,586
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from maturities of interest-bearing time deposits with banks	520	249	485
Purchase of interest-bearing time deposits with banks	(11)	(509)	0
Proceeds from sales of debt securities	69,174	185,280	0
Proceeds from sales and redemptions of equity securities	58	0	0
Proceeds from paydowns, maturities, and calls of debt securities	126,340	102,625	154,166
Purchase of debt securities	(105,147)	(2,640)	(371,631)
Purchase of equity securities	(196)	(397)	(51)
Purchase of loans	(14,566)	(61,009)	0
Net increase in loans	(42,623)	(81,641)	(113,665)
Purchase of restricted stock	0	(23,832)	(6,151)
Proceeds from redemption of restricted stock	2,074	27,459	925
Proceeds from bank owned life insurance	831	0	0
Purchases of bank premises and equipment	(5,506)	(3,134)	(1,047)
Proceeds from sales of bank premises and equipment	2	222	27
Proceeds from sales of bank premises held for sale	0	351	1,344
Proceeds from sales of foreclosed assets	1,396	4,093	475
Net cash paid for acquisition of Town and Country	0	(14,454)	0
Net cash provided by (used in) investing activities	32,346	132,663	(335,123)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase (decrease) in deposits	(83,075)	94,396	(150,973)
Net decrease in repurchase agreements	(13,473)	(639)	(18,175)
Repayment of long-term Federal Home Loan Bank advances	(700)	(234,195)
Proceeds from long-term Federal Home Loan Bank advances	907		160,000
Taxes paid related to the vesting of restricted stock units	(331)	(181)	(57)
Repurchase of common stock	(4,423)	(8,907)	(4,783)
Cash dividends and dividend equivalents paid	(24,183)	(21,873)	(18,584)
Net cash used in financing activities	(125,278)	(171,399)	(32,572)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(3,560)	27,093	(295,109)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	141,252	114,159	409,268
CASH AND CASH EQUIVALENTS AT END OF YEAR	137,692	141,252	114,159
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for interest	64,723	32,853	6,860
Net cash paid for income taxes	23,876	20,512	20,035
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING ACTIVITIES
Transfers of loans to foreclosed assets	889	1,143	541
Transfers of bank premises and equipment to bank premises held for sale	$ 317	$ 35	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES HBT Financial, Inc. (“HBT Financial” or the “Company”) is headquartered in Bloomington, Illinois and is the holding company for Heartland Bank and Trust Company (“Heartland Bank” or the “Bank”). The Bank provides a comprehensive suite of financial products and services to consumers, businesses, and municipal entities throughout Illinois and eastern Iowa. Additionally, the Company is subject to the regulations of certain federal and state agencies and undergoes periodic examinations by those regulatory agencies. The consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Significant accounting policies are summarized below. Basis of Consolidation The consolidated financial statements of HBT Financial include the accounts of the Company and its wholly owned bank subsidiary, Heartland Bank. Heartland Bank maintains a limited liability company that holds specific assets for risk mitigation purposes and is consolidated into HBT Financial's consolidated financial statements. The Company also has eight wholly owned subsidiaries, Heartland Bancorp, Inc. Capital Trust B; Heartland Bancorp, Inc. Capital Trust C; Heartland Bancorp, Inc. Capital Trust D; FFBI Capital Trust I; National Bancorp Statutory Trust I; Town and Country Statutory Trust II; Town and Country Statutory Trust III; and West Plains Investors Statutory Trust I, which, in accordance with GAAP, are not consolidated as more fully described in Note 13. Significant intercompany transactions and accounts have been eliminated in consolidation. Use of Estimates The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and the reported results of operations for the periods then ended. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for credit losses. Business and Significant Concentrations of Credit Risk The Company provides several types of loans to consumers, businesses, and municipal entities, primarily located in its customer service area. Real estate and commercial loans are principal areas of concentration. The Company also strives to meet the borrowing needs of the consumers in its market areas. Extension of credit is generally limited to the primary trade areas of the Company. Primary deposit products of the Bank are noninterest-bearing and interest-bearing demand accounts, savings accounts, money market accounts, and term certificates of deposit. Cash and Cash Equivalents For purposes of reporting consolidated cash flows, cash and cash equivalents include cash on hand and amounts due from banks, all of which have an original maturity within 90 days or less. Cash flows from loans and deposits are reported net. Interest-Bearing Time Deposits with Banks Interest-bearing time deposits with banks are carried at cost. Debt Securities Debt securities are classified as held-to-maturity when the Company has the positive intent and ability to hold the securities to maturity and are carried at amortized cost. Debt securities not classified as held-to-maturity are classified as available-for-sale. Debt securities available-for-sale are carried at fair value with unrealized gains and losses reported in accumulated other comprehensive income (loss). Realized gains and losses on debt securities available-for-sale are included in noninterest income when applicable and reported as a reclassification adjustment in other comprehensive income (loss). Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Interest income includes amortization of purchase premium or discount. Premiums and discounts on debt securities are amortized on the level-yield method without anticipating prepayments, except for mortgage backed securities where prepayments are anticipated. Premiums on callable debt securities are amortized to their earliest call date. Any transfers of debt securities into the held-to-maturity category from the available-for-sale category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer is retained in accumulated other comprehensive income (loss) and in the carrying value of the held-to-maturity securities. Such amounts are amortized over the period to maturity. Allowance for Credit Losses – Debt Securities Available-for-Sale For debt securities available-for-sale in an unrealized loss position, the Company first assesses whether it intends to sell, or if it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security amortized cost basis is written down to fair value through earnings. For debt securities available-for-sale that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income (loss). Changes in the allowance for credit losses are recorded as provision for credit losses. Losses are charged against the allowance for credit losses when management believes the uncollectibility of a security is confirmed or when either the criteria regarding intent or requirement to sell is met. Allowance for Credit Losses – Debt Securities Held-to-Maturity For debt securities held-to-maturity, the Company measures expected credit losses on a collective basis by major security type. Held-to-maturity securities are evaluated using historical probability of default and loss given default information specific to the investment category. If this evaluation determines that credit losses exist, an allowance for credit loss is recorded and included in earnings as a component of provision for credit losses. The Company's U.S. government agency and agency mortgage-backed securities are explicitly or implicitly guaranteed by the U.S. government, and as such are excluded from the credit loss evaluation as the expectation of non-payment is zero. Equity Securities Equity securities with readily determinable fair values are measured at fair value with changes in fair value recognized in unrealized gains (losses) on equity securities on the statements of income. The Company has elected to measure its equity securities with no readily determinable fair values at their cost minus impairment, if any, plus or minus charges resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer. Restricted Stock Restricted stock, which consists of Federal Home Loan Bank of Chicago (“FHLB”) stock, is carried at cost and evaluated for impairment. Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or fair value. The Company obtains quotes or bids on these loans directly from purchasing financial institutions. Typically, these quotes include a premium on sale and thus quotes typically indicate fair value of the held for sale loans is greater than cost. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Mortgage loans held for sale are generally sold with the mortgage servicing rights retained by the Company. The carrying value of mortgage loans sold is reduced by fair value allocated to the associated mortgage servicing rights. Gains or losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying value of the related mortgage loans sold. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at amortized cost net of the allowance for credit losses. Amortized cost is the unpaid principal balance outstanding, adjusted for charge-offs, net of purchase premiums and discounts, and deferred loan fees and costs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The accrual of interest on loans is discontinued at the time the loan is 90 days past due, unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income if it was accrued during the current year and charged-off against the allowance for credit losses if accrued in a prior year. Amortization of related deferred loan fees or costs and any purchase premium or discount is also suspended at this time. The interest on these loans is accounted for on the cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, future payments are reasonably assured, and the borrower must generally demonstrate at least 6 months of payment performance. Purchased Credit Deteriorated Loans Purchased credit deteriorated loans (“PCD loans”) are purchased loans, that, as of the date of acquisition, have experienced a more-than-insignificant deterioration in credit quality since origination, as determined by the Company’s assessment. An allowance for credit losses is determined using the same methodology as other loans held for investment. The initial allowance for credit losses determined on a collective basis is allocated to individual loans. The sum of a loan's purchase price and allowance for credit losses becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the unpaid principal balance of a loan is a non-credit discount or premium which is amortized into interest income over the life of the loan. Non-Purchased Credit Deteriorated Loans Non-purchased credit deteriorated loans (“non-PCD loans”) are purchased loans, that, as of the date of acquisition, have not experienced a more-than-insignificant deterioration in credit quality since origination, as determined by the Company’s assessment. The loan’s purchase price becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the unpaid principal balance of the loan is a discount or premium, which is comprised of a credit and non-credit component, and is accreted or amortized into interest income over the life of the loan. An allowance for credit losses is determined using the same methodology as other loans held for investment, but no "Day One" allowance for credit losses is established on the date of acquisition. Instead, a subsequent "Day Two" allowance for credit losses for non-PCD loans is recorded through the provision for credit losses, which reflects the estimated lifetime credit losses. Allowance for Credit Losses – Loans The allowance for credit losses for loans is a valuation account that is deducted from the loans' amortized cost basis to present the net amount expected to be collected on the loans. The Company’s estimate of the allowance for credit losses for loans reflects losses expected over the remaining contractual life of the loans, considering past events, current conditions, and reasonable and supportable forecasts of future economic conditions. Loans are charged off against the allowance for credit losses when management believes the uncollectibility of a loan balance is confirmed. Recoveries are recognized up to the aggregate amount of previously charged-off balances. The allowance for credit losses is established through provision for credit loss expense charged to income. The allowance for credit losses is measured on a collective (pooled) basis when similar risk characteristics exist. The Company has identified the following portfolio segments: Commercial and Industrial : Consists of loans typically granted for working capital, asset acquisition and other business purposes. These loans are underwritten primarily based on the borrower’s cash flow with most loans secondarily supported by collateral. Most commercial and industrial loans are secured by the assets being financed or other business assets, such as accounts receivable, inventory, and equipment, and are typically supported by personal guarantees of the owners. Cash flows and collateral values may fluctuate based on general economic conditions, specific industry conditions and specific borrower circumstances. Commercial Real Estate - Owner Occupied : Consists of loans secured by commercial real estate that is both owned and occupied by the same or a related borrower. These loans are primarily underwritten based on the cash flow of the business occupying the property. As with commercial and industrial loans, cash flows and collateral values may fluctuate based on general economic conditions, specific industry conditions, and specific borrower circumstances. Commercial Real Estate - Non-owner Occupied : Consists of loans secured by commercial real estate for which the primary source of repayment is the sale or rental cash flows from the underlying collateral. These loans are underwritten based primarily on the historic or projected cash flow from the underlying collateral. Adverse economic developments, or an overbuilt market, typically impact commercial real estate projects. Trends in rental and vacancy rates of commercial properties may impact the credit quality of these loans. Construction and Land Development : Consists of loans for speculative and pre-sold construction projects for developers intending to either sell upon completion or hold for long-term investment, as well as construction of projects to be owner occupied. In addition, loans in this segment generally possess a higher inherent risk of loss than other portfolio segments due to risk of non-completion, changes in budgeted costs, and changes in market forces during the term of the construction period. Multi-family : Consists of loans secured by five or more unit apartment buildings. Multi-family loans may be affected by demographic and population trends, unemployment or underemployment, and deteriorating market values of real estate. One-to-four Family Residential : Consists of loans secured by one-to-four family residences, including both first and junior lien mortgage loans for owner occupied and non-owner occupied properties and home equity lines of credit. The degree of risk in residential mortgage lending depends on the local economy, including the local real estate market and unemployment rates. Agricultural and Farmland : Consists of loans typically secured by farmland, agricultural operating assets, or a combination of both, and are generally underwritten to existing cash flows of operating agricultural businesses. Debt repayment is provided by business cash flows. The credit quality of these loans is significantly influenced by changes in prices of corn and soybeans and, to a lesser extent, weather, which has been partially mitigated by federal crop insurance programs. Municipal, Consumer and Other : Loans to municipalities include obligations of municipal entities and loans sponsored by municipal entities for the benefit of a private entity where that private entity, rather than the municipal entity, is responsible for repayment of the obligation. Consumer loans include loans to individuals for consumer purposes and typically consist of small balance loans. Economic trends determined by unemployment rates and other key economic indicators are closely correlated to the credit quality of the consumer loans. Loans to non-depository financial institutions, as well as leases, are also included. The Company uses the discounted cash flow method to estimate expected credit losses for all loan segments, except for consumer loans. Under this method, cash flow projections at the instrument-level are adjusted for estimated prepayments, probability of default, loss given default, and time to recovery. These cash flow projections are discounted at the instrument-level effective yield to calculate the present value of expected cash flows. An allowance for credit losses is established for the difference between a pool's total amortized cost basis and present value of expected cash flows. The Company uses the weighted average remaining maturity method to estimate expected credit losses for consumer loans. Under this method, an expected loss rate is applied to an estimate of future outstanding balance balances of the pool. The Company uses regression analysis of historical internal and peer data to determine which variables are best suited to be economic variables utilized when modeling lifetime probability of default in the discounted cash flow models and loss rates in the weighted average remaining maturity model. The analysis also determines how expected probability of default and loss rates will react to forecasted levels of the economic variables. In addition, qualitative adjustments are made for risk factors that are not considered within our modeling processes but are nonetheless relevant in assessing the expected credit losses within our loan pools. Management estimates the allowance for credit losses on loans using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. As historical credit loss experience provides the basis for the estimation of expected credit losses for pooled loans, adjustments may be necessary to capture differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as for changes in environmental conditions. Loans that do not share risk characteristics are evaluated on an individual basis. Loan evaluated individually are not also included in the pooled evaluation. When management determines that foreclosure is probable, or when the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for anticipated selling costs as appropriate. Although management believes the allowance for credit losses to be adequate, ultimate losses may vary from its estimates. At least quarterly, the Allowance for Credit Losses Committee reviews the adequacy of the allowance, including consideration of the relevant risks in the portfolio, current economic conditions and other factors. In addition, the Company’s regulators review the adequacy of the allowance for credit losses and may require additions to the allowance for credit losses based on their judgment about information available at the time of their examinations. Unfunded Lending-related Commitments In the ordinary course of business, the Company has entered into commitments to extend credit, such as lines of credit, commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded. Allowance for Credit Losses – Unfunded Lending-related Commitments The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The allowance for credit losses on unfunded lending-related commitments is adjusted through provision for credit losses. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credited losses on commitments expected to be funded over its estimated life. Loan Servicing The Company periodically sells mortgage loans on the secondary market with servicing retained. For sales of mortgage loans, a portion of the cost of originating the loan is allocated to the servicing right based on fair value. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds, and default rates and losses. Mortgage servicing rights are carried at fair value on the consolidated balance sheets and changes in fair value are recorded in mortgage servicing rights fair value adjustment on the consolidated statements of income. Bank Owned Life Insurance Bank owned life insurance represents life insurance policies on the lives of certain current and former employees and directors for which the Company is the sole owner and beneficiary. These policies are recorded as an asset in the consolidated balance sheets at their cash surrender value ("CSV") or the current amount that could be realized if settled. The change in CSV and insurance proceeds received are included as a component of noninterest income in the consolidated statements of income. Bank Premises and Equipment Land is carried at cost. Bank premises and equipment are carried at cost less accumulated depreciation. Depreciation is computed over the estimated useful lives of the individual assets using the straight-line method. Bank Premises Held for Sale Bank premises held for sale is carried at the lower of cost or fair value less estimated costs to sell. Bank premises classified as held for sale are not depreciated. Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of carrying amount or fair value less estimated costs to sell. Lease Obligations The Company leases certain bank premises under non-cancelable operating leases in the normal course of business operations. These lease obligations result in the recognition of right-of-use assets and associated lease contract liabilities. The amount of right-of-use assets and associated lease contract liabilities recorded is based on the present value of future minimum lease payments. The discount rate used is equal to the rate implicit in the lease, when readily determinable, or the Company’s incremental borrowing rate at lease inception, on a collateralized basis over a similar term. Right-of-use assets are included in other assets and lease contract liabilities are included in other liabilities in the consolidated balance sheets and were insignificant as of December 31, 2024 and 2023. Foreclosed Assets When it appears likely that we will obtain title to real estate collateral, we develop an exit strategy by assessing overall market conditions, the current use and condition of the asset, and its highest and best use. If determined necessary to maximize value, we complete the necessary improvements or tenant stabilization tasks, with the applicable time value discount and improvement expenses incorporated into our estimates of the expected costs to sell. Substantially all foreclosed real estate is valued on an "as-is" basis. Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less anticipated selling costs at the date of foreclosure, establishing a new cost basis. For foreclosed real estate, selling costs are generally estimated to be 7.0% of the fair value. This estimate includes sales commissions and closing costs. Any write-down based on the fair value of the asset at the date of acquisition is charged to the allowance for credit losses. If the fair value of the asset less estimated cost to sell exceeds the recorded investment in the loan at the date of foreclosure, the increase in value is charged to current year operations unless there has been a prior charge-off, in which case a recovery to the allowance for credit losses is recorded. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less estimated cost to sell. Write-downs of foreclosed assets subsequent to foreclosure are charged to current year operations as are gains and losses from sale of foreclosed assets. Costs to maintain and hold foreclosed assets are expensed. Goodwill and Other Intangible Assets Goodwill represents the excess of the original cost over the fair value of assets acquired and liabilities assumed. Goodwill is not amortized but instead is subject to an annual impairment evaluation. The Company has selected December 31 as the date to perform the annual impairment test. At December 31, 2024 and 2023, the Company’s evaluations of goodwill indicated that goodwill was not impaired. Other identifiable intangible assets consist of core deposit intangible and customer relationship intangible assets with definite useful lives which are being amortized over 10 years. The Company will periodically review the status of core deposit intangible and customer relationship intangible assets for any events or circumstances which may change the recoverability of the underlying basis. Wealth Management Assets and Fees Assets of the wealth management department of the Bank are not included in the consolidated balance sheets as such assets are not assets of the Company or the Bank. Fee income generated from wealth management services is recorded in the consolidated statements of income as a source of noninterest income. Employee Benefit Plans The Company sponsors a profit sharing plan under which the Company may contribute, at the discretion of the Board of Directors, a discretionary amount to all participating employees for the plan year. The Company may also make discretionary matching contributions in an amount up to 5% of compensation contributed by employees. Stock Based Compensation The Company recognizes compensation cost over the requisite service period, if any, which is generally defined as the vesting period. For awards classified as equity, compensation cost is based on the fair value of the awards on the grant date. For awards classified as liabilities, compensation cost also includes subsequent remeasurements of the fair value of the awards until the award is settled. The Company’s policy is to recognize forfeitures as they occur. Transfers of Financial Assets and Participating Interests Transfers of an entire financial asset or a participating interest in an entire financial asset are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. The transfer of a participating interest in an entire financial asset must also meet the definition of a participating interest. A participating interest in a financial asset has all of the following characteristics: (1) from the date of transfer, it must represent a proportionate (pro rata) ownership interest in the financial asset, (2) from the date of transfer, all cash flows received, except any cash flows allocated as any compensation for servicing or other services performed, must be divided proportionately among participating interest holders in the amount equal to their share ownership, (3) the rights of each participating interest holder must have the same priority, and (4) no party has the right to pledge or exchange the entire financial asset unless all participating interest holders agree to do so. Advertising Costs Advertising costs are expensed as incurred. Income Taxes Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities. Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized. With regard to uncertain tax matters, the Company recognizes in the consolidated financial statements the impact of a tax position taken, or expected to be taken, if it is more likely than not that the position will be sustained on audit based on the technical merit of the position. Management has analyzed the tax positions taken by the Company and concluded as of December 31, 2024 and 2023, there are no material uncertain tax positions taken or expected to be taken that require recognition of a liability or disclosure in the consolidated financial statements. When applicable, the Company recognizes interest accrued related to unrecognized tax benefits and penalties in operating expenses. Low Income Housing Tax Credits The Company holds an ownership interest in a limited liability company, as a limited partner, that invests in affordable housing projects. This investment is designed to generate a return primarily through the realization of federal tax credits and deductions, which may be subject to recapture by taxing authorities if compliance requirements are not met. The Company accounts for its low income housing investments using the proportional amortization method. The Company’s investment in the qualified affordable housing project meets the definition of a variable interest entity ("VIE") as the entity is structured such that the limited partner investors lack substantive voting rights. The managing member has both the power to direct the activities that most significantly impact the economic performance of the entity and the obligation to absorb losses or the right to receive benefits that could be significant to the entity. Accordingly, the Company is not the primary beneficiary and is not required to consolidate this entity. The Company's maximum exposure to loss is limited to the carrying amount of the investment, which was $7.2 million as of December 31, 2024. Derivative Financial Instruments As part of the Company’s asset/liability management, the Company may use interest rate swaps to hedge various exposures or to modify interest rate characteristics of various balance sheet accounts. Derivatives that are used as part of the asset/liability management process are linked to specific assets or liabilities, or pools of assets or liabilities, and hav

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ACQUISITIONS	ACQUISITIONS Town and Country Financial Corporation On February 1, 2023, HBT Financial acquired 100% of the issued and outstanding common stock of Town and Country Financial Corporation (“Town and Country”), the holding company for Town and Country Bank, pursuant to an Agreement and Plan of Merger dated August 23, 2022. Under the Agreement and Plan of Merger, Town and Country merged with and into HBT Financial, with HBT Financial as the surviving entity, immediately followed by the merger of Town and Country Bank with and into Heartland Bank, with Heartland Bank as the surviving entity. At the effective time of the merger, each share of Town and Country was converted into the right to receive, subject to the election and proration procedures as provided in the Merger Agreement, one of the following: (i) 1.9010 shares of HBT Financial’s common stock, or (ii) $35.66 in cash, or (iii) a combination of cash and HBT Financial common stock. Total consideration consisted of 3,378,600 shares of HBT Financial’s common stock and $38.0 million in cash. In lieu of fractional shares, holders of Town and Country common stock received cash. Based upon the closing price of HBT Financial common stock of $21.12 on February 1, 2023, the aggregate transaction value was approximately $109.4 million. This transaction was accounted for using the acquisition method of accounting and, accordingly, assets acquired, liabilities assumed, and consideration exchanged were recorded at estimated fair values on the date of acquisition. Fair values are subject to refinement for up to one year after the closing date of February 1, 2023. Measurement period adjustments of $0.1 million were recorded in the third quarter of 2023 as more information became available regarding Town and Country's tax assets and liabilities. Goodwill of $30.5 million was recorded in the acquisition, which reflects expected synergies from combining the operations of HBT Financial and Town and Country, and is nondeductible for tax purposes. The acquisition of Town and Country further enhanced HBT Financial’s footprint in central Illinois, and expanded our footprint into metro-east St. Louis. Acquisition-related expenses recognized during the years ended December 31, 2023 and 2022 are summarized below. There were no Town and Country acquisition-related expenses recognized during 2024. Year Ended (dollars in thousands) December 31, 2023 December 31, 2022 PROVISION FOR CREDIT LOSSES $ 5,924 $ — NONINTEREST EXPENSE Salaries 3,584 — Furniture and equipment 39 — Data processing 2,031 304 Marketing and customer relations 24 — Loan collection and servicing 125 — Legal fees and other noninterest expense 1,964 788 Total noninterest expense 7,767 1,092 Total Town and Country acquisition-related expenses $ 13,691 $ 1,092 The fair value of the assets acquired and liabilities assumed from Town and Country on the acquisition date of February 1, 2023 were as follows (dollars in thousands): Fair Value Assets acquired: Cash and cash equivalents $ 23,542 Interest-bearing time deposits with banks 249 Debt securities 167,869 Equity securities 301 Restricted stock 2,822 Loans held for sale 1,612 Loans, before allowance for credit losses 635,376 Allowance for credit losses (1,247) Loans, net of allowance for credit losses 634,129 Bank owned life insurance 15,782 Bank premises and equipment 14,828 Foreclosed assets 271 Intangible assets 22,282 Mortgage servicing rights 10,469 Investments in unconsolidated subsidiaries 449 Accrued interest receivable 3,113 Other assets 8,940 Total assets acquired 906,658 Liabilities assumed: Deposits 720,417 FHLB advances 86,439 Junior subordinated debentures 14,949 Other liabilities 5,999 Total liabilities assumed 827,804 Net assets acquired $ 78,854 Consideration paid: Cash $ 37,996 Common stock 71,356 Total consideration paid $ 109,352 Goodwill $ 30,498 Of the loans acquired, there were $89.8 million which exhibited more-than-insignificant credit deterioration on the acquisition date. The following table provides a summary of these PCD loans at acquisition (dollars in thousands): Unpaid principal balance $ 89,822 Allowance for credit losses at acquisition (1,247) Non-credit discount (2,218) Purchase price $ 86,357 Additionally, subsequent to the Town and Country acquisition, HBT Financial recognized an allowance for credit losses on non-PCD loans of $5.2 million and an allowance for credit losses on unfunded commitments of $0.7 million through an increase to the provision for credit losses. The following table provides the pro forma information for the results of operations for the years ended December 31, 2023 and 2022 as if the acquisition of Town and Country had occurred on January 1, 2022. The pro forma results combine the historical results of Town and Country into HBT Financial’s consolidated statements of income, including the impact of certain acquisition accounting adjustments, which include loan discount accretion, intangible assets amortization, deposit premium amortization, and borrowing premium amortization. The pro forma results have been prepared for comparative purposes only and are not necessarily indicative of the results that would have been obtained had the acquisition actually occurred on January 1, 2022. No assumptions have been applied to the pro forma results of operations regarding possible revenue enhancements, provision for credit losses, expense efficiencies or asset dispositions. The acquisition-related expenses that have been recognized are included in net income in the following table. Pro Forma Year Ended December 31, (dollars in thousands, except per share data) 2023 2022 Total revenues (net interest income and noninterest income) $ 230,171 $ 226,229 Net income 66,056 68,417 Earnings per share - basic 2.07 2.12 Earnings per share - diluted 2.06 2.12

SECURITIES

SECURITIES	12 Months Ended
	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES Debt Securities The amortized cost and fair values of debt securities, with gross unrealized gains and losses and allowance for credit losses, are as follows: December 31, 2024 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value Available-for-sale: U.S. Treasury $ 119,690 $ — $ (8,545) $ — $ 111,145 U.S. government agency 55,742 — (2,544) — 53,198 Municipal 150,163 — (19,484) — 130,679 Mortgage-backed: Agency residential 241,342 253 (14,227) — 227,368 Agency commercial 128,823 3 (12,145) — 116,681 Corporate 61,732 156 (2,910) — 58,978 Total available-for-sale $ 757,492 $ 412 $ (59,855) $ — $ 698,049 December 31, 2024 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Allowance for Credit Losses Held-to-maturity: U.S. government agency $ 88,472 $ — $ (8,819) $ 79,653 $ — Municipal 35,862 48 (371) 35,539 — Mortgage-backed: Agency residential 85,643 — (5,796) 79,847 — Agency commercial 289,881 — (39,734) 250,147 — Total held-to-maturity $ 499,858 $ 48 $ (54,720) $ 445,186 $ — December 31, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value Available-for-sale: U.S. Treasury $ 159,715 $ — $ (11,093) $ — $ 148,622 U.S. government agency 55,359 — (3,262) — 52,097 Municipal 229,030 26 (23,499) — 205,557 Mortgage-backed: Agency residential 188,641 61 (14,718) — 173,984 Agency commercial 141,214 3 (14,205) — 127,012 Corporate 57,665 9 (5,485) — 52,189 Total available-for-sale $ 831,624 $ 99 $ (72,262) $ — $ 759,461 December 31, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Allowance for Credit Losses Held-to-maturity: U.S. government agency $ 88,448 $ — $ (8,292) $ 80,156 $ — Municipal 38,442 394 (163) 38,673 — Mortgage-backed: Agency residential 95,828 — (5,569) 90,259 — Agency commercial 298,721 — (41,313) 257,408 — Total held-to-maturity $ 521,439 $ 394 $ (55,337) $ 466,496 $ — On March 31, 2022, the Company transferred certain debt securities from the available-for-sale category to the held-to-maturity category in order to better reflect the revised intentions of the Company due to possible market value volatility, resulting from a potential rise in interest rates. The following is a summary of the amortized cost and fair value of securities transferred to the held-to-maturity category: March 31, 2022 (dollars in thousands) Amortized Fair Value U.S. government agency $ 78,841 $ 71,048 Mortgage-backed: Agency residential 8,175 7,651 Agency commercial 27,834 25,432 Total $ 114,850 $ 104,131 The debt securities were transferred between categories at fair value, with the transfer date fair value becoming the new amortized cost for each security transferred. The unrealized gain (loss), net of tax, at the date of transfer remains a component of accumulated other comprehensive income (loss), but will be amortized over the remaining life of the debt securities as an adjustment of yield in a manner consistent with amortization of any premium or discount. As a result, the amortization of an unrealized gain (loss) reported in accumulated other comprehensive income (loss) will offset or mitigate the effect on interest income of the amortization of the premium or discount for that held-to-maturity debt security. As of December 31, 2024 and 2023, the Bank had debt securities with a carrying value of $468.8 million and $419.4 million, respectively, which were pledged to secure public deposits, securities sold under agreements to repurchase, available borrowing capacity, and for other purposes required or permitted by law. The amortized cost and fair value of debt securities by contractual maturity, as of December 31, 2024, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available-for-Sale Held-to-Maturity (dollars in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Due in 1 year or less $ 45,843 $ 45,201 $ 7,084 $ 7,063 Due after 1 year through 5 years 178,269 165,830 52,350 49,614 Due after 5 years through 10 years 145,184 127,690 62,645 56,321 Due after 10 years 18,031 15,279 2,255 2,194 Mortgage-backed: Agency residential 241,342 227,368 85,643 79,847 Agency commercial 128,823 116,681 289,881 250,147 Total $ 757,492 $ 698,049 $ 499,858 $ 445,186 The following table presents gross unrealized losses and fair value of debt securities available-for-sale that do not have an associated allowance for credit losses as of December 31, 2024 and December 31, 2023, aggregated by category and length of time that individual debt securities have been in a continuous unrealized loss position: December 31, 2024 Investments in a Continuous Unrealized Loss Position Less than 12 Months 12 Months or More Total (dollars in thousands) Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Available-for-sale: U.S. Treasury $ — $ — $ (8,545) $ 111,145 $ (8,545) $ 111,145 U.S. government agency (141) 7,594 (2,403) 45,604 (2,544) 53,198 Municipal (8) 2,634 (19,476) 127,776 (19,484) 130,410 Mortgage-backed: Agency residential (2,041) 81,055 (12,186) 129,178 (14,227) 210,233 Agency commercial (125) 3,327 (12,020) 112,118 (12,145) 115,445 Corporate (4) 1,996 (2,906) 43,064 (2,910) 45,060 Total available-for-sale $ (2,319) $ 96,606 $ (57,536) $ 568,885 $ (59,855) $ 665,491 December 31, 2023 Investments in a Continuous Unrealized Loss Position Less than 12 Months 12 Months or More Total (dollars in thousands) Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Available-for-sale: U.S. Treasury $ — $ — $ (11,093) $ 148,622 $ (11,093) $ 148,622 U.S. government agency (2) 168 (3,260) 51,910 (3,262) 52,078 Municipal (26) 4,749 (23,473) 194,287 (23,499) 199,036 Mortgage-backed: Agency residential (163) 9,354 (14,555) 156,785 (14,718) 166,139 Agency commercial (26) 3,016 (14,179) 123,404 (14,205) 126,420 Corporate (414) 4,361 (5,071) 45,826 (5,485) 50,187 Total available-for-sale $ (631) $ 21,648 $ (71,631) $ 720,834 $ (72,262) $ 742,482 As of December 31, 2024, there were 615 debt securities in an unrealized loss position for a period of twelve months or more, and 91 debt securities in an unrealized loss position for a period of less than twelve months. U.S. Treasury, U.S. government agency, and agency mortgage-backed securities are considered to have no risk of credit loss as they are either explicitly or implicitly guaranteed by the U.S. government. The changes in fair value in these portfolios are considered to be primarily driven by changes in market interest rates and other non-credit risks, such as prepayment and liquidity risks. Municipal securities include general obligation bonds which have a very low historical default rate due to issuers generally having taxing authority to service the debt and represent approximately 72% of the total fair value of our municipal securities portfolio as of December 31, 2024. The remainder of the municipal securities are also of high credit quality with ratings of Aa3/AA- or better. The Company evaluates credit risk through monitoring credit ratings and reviews of available financial data. The changes in fair value in these portfolios are considered to be primarily driven by changes in market interest rates and other non-credit risks, such as call and liquidity risks. The estimated allowance for credit losses for the municipal debt securities held-to-maturity was deemed insignificant. Corporate securities include investment grade corporate and bank subordinated debt securities. The Company evaluates credit risk through monitoring credit ratings, reviews of available issuer financial data, and sector trends. The changes in fair value in corporate securities were considered to be primarily driven by changes in market interest rates and other non-credit risks, such as call and liquidity risks. As of December 31, 2024, the Company did not intend to sell the debt securities that are in an unrealized loss position, and it was more likely than not that the Company would recover the amortized cost prior to being required to sell the debt securities. Accrued interest on debt securities is excluded from the estimate of credit losses and totaled $5.1 million and $6.0 million as of December 31, 2024 and 2023, respectively. Sales of debt securities were as follows during the year ended December 31: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Proceeds from sales $ 69,174 $ 185,280 $ — Gross realized gains — — — Gross realized losses (3,697) (1,820) — Equity Securities Equity securities with readily determinable fair values are measured at fair value with changes in fair value recognized in unrealized gains (losses) on equity securities on the consolidated statements of income. The Company has elected to measure equity securities with no readily determinable fair value at cost minus impairment, if any, plus or minus changes resulting from observable price changes for identical or similar securities of the same issuer. The initial cost and carrying values of equity securities, with cumulative net unrealized gains and losses were as follows: December 31, 2024 (dollars in thousands) Readily No Readily Initial cost $ 3,124 $ 2,998 Cumulative net unrealized gains (losses) 191 (369) Carrying value $ 3,315 $ 2,629 December 31, 2023 (dollars in thousands) Readily No Readily Initial cost $ 3,143 $ 2,840 Cumulative net unrealized gains (losses) 217 (335) Carrying value $ 3,360 $ 2,505 As of December 31, 2024 and December 31, 2023, the cumulative net unrealized losses on equity securities with no readily determinable fair value reflect impairments of $0.2 million and downward adjustments based on observable price changes of an identical investment of $0.2 million. There have been no upward adjustments based on observable price changes to equity securities with no readily determinable fair value. Unrealized gains (losses) on equity securities were as follows during the years ended December 31, 2024 and 2023: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Readily determinable fair value $ (25) $ 330 $ (414) No readily determinable fair value (34) (170) — Unrealized gains (losses) on equity securities $ (59) $ 160 $ (414)

LOANS AND RELATED ALLOWANCE FOR

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES	12 Months Ended
	Dec. 31, 2024
Receivables [Abstract]
LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES	LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES Major categories of loans are summarized as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Commercial and industrial $ 428,389 $ 427,800 Commercial real estate - owner occupied 322,316 295,842 Commercial real estate - non-owner occupied 899,565 880,681 Construction and land development 374,657 363,983 Multi-family 431,524 417,923 One-to-four family residential 463,968 491,508 Agricultural and farmland 293,375 287,294 Municipal, consumer, and other 252,352 239,386 Loans, before allowance for credit losses 3,466,146 3,404,417 Allowance for credit losses (42,044) (40,048) Loans, net of allowance for credit losses $ 3,424,102 $ 3,364,369 Allowance for Credit Losses Management estimates the allowance for credit losses using relevant available information from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. The discounted cash flow method is used to estimate expected credit losses for all loan categories, except for consumer loans where the weighted average remaining maturity method is utilized. At December 31, 2024, the economic forecast used by management anticipates a mild economic slowdown, but not a recession, over the next 4 quarters considered in the forecast period, with the unemployment rate remaining stable and GDP growth slowing slightly and then increasing. After the forecast period, the Company reverts to long-term averages over a 4-quarter reversion period. Additionally, management has made qualitative adjustments to the loss estimates to reflect other factors that influence credit losses. The following tables detail activity in the allowance for credit losses: (dollars in thousands) Commercial Commercial Commercial Construction Multi-Family One-to-four Agricultural Municipal, Total Balance, December 31, 2021 $ 2,440 $ 1,840 $ 8,145 $ 4,914 $ 1,263 $ 1,311 $ 845 $ 3,178 $ 23,936 Provision for loan losses 88 (1,653) (1,707) (692) 209 146 (49) 2,952 (706) Charge-offs (23) (25) — — — (67) — (569) (684) Recoveries 774 1,031 283 1 — 369 — 329 2,787 Balance, December 31, 2022 3,279 1,193 6,721 4,223 1,472 1,759 796 5,890 25,333 Adoption of ASC 326 (822) 587 501 1,969 85 797 1,567 2,299 6,983 PCD allowance established in acquisition 69 127 239 240 68 492 5 7 1,247 Provision for credit losses 2,823 352 187 (487) 1,931 2,004 (1,399) 1,254 6,665 Charge-offs (428) (5) (202) — — (34) — (690) (1,359) Recoveries 59 18 268 53 281 186 6 308 1,179 Balance, December 31, 2023 4,980 2,272 7,714 5,998 3,837 5,204 975 9,068 40,048 Provision for credit losses 1,677 825 3,407 (1,699) 682 (1,438) 246 54 3,754 Charge-offs (1,448) (6) — — (188) (298) (62) (1,282) (3,284) Recoveries 148 16 586 3 — 440 11 322 1,526 Balance, December 31, 2024 $ 5,357 $ 3,107 $ 11,707 $ 4,302 $ 4,331 $ 3,908 $ 1,170 $ 8,162 $ 42,044 Gross charge-offs, further sorted by origination year, were as follows during the year ended December 31, 2024 and 2023. Gross Charge-Offs for the Year Ended December 31, 2024 Term Loans by Origination Year Revolving Revolving Total (dollars in thousands) 2024 2023 2022 2021 2020 Prior Commercial and industrial $ — $ 1,264 $ 75 $ — $ — $ 11 $ 98 $ — $ 1,448 Commercial real estate - owner occupied 6 — — — — — — — 6 Commercial real estate - non-owner occupied — — — — — — — — — Construction and land development — — — — — — — — — Multi-family — — — 188 — — — — 188 One-to-four family residential — 1 8 15 4 182 88 — 298 Agricultural and farmland — — 44 — — — 18 — 62 Municipal, consumer, and other 415 63 11 — — 529 264 — 1,282 Total $ 421 $ 1,328 $ 138 $ 203 $ 4 $ 722 $ 468 $ — $ 3,284 Gross Charge-Offs for the Year Ended December 31, 2023 Term Loans by Origination Year Revolving Revolving Total (dollars in thousands) 2023 2022 2021 2020 2019 Prior Commercial and industrial $ — $ — $ — $ — $ — $ — $ 428 $ — $ 428 Commercial real estate - owner occupied — 5 — — — — — — 5 Commercial real estate - non-owner occupied — — — — 31 — 171 — 202 Construction and land development — — — — — — — — — Multi-family — — — — — — — — — One-to-four family residential — — — — 1 33 — — 34 Agricultural and farmland — — — — — — — — — Municipal, consumer, and other 309 100 13 17 10 32 209 — 690 Total $ 309 $ 105 $ 13 $ 17 $ 42 $ 65 $ 808 $ — $ 1,359 The following tables present loans and the related allowance for credit losses by category: December 31, 2024 (dollars in thousands) Commercial Commercial Commercial Construction Multi-Family One-to-four Agricultural Municipal, Total Loan balances: Collectively evaluated for impairment $ 427,737 $ 322,159 $ 884,832 $ 374,408 $ 431,432 $ 459,790 $ 293,240 $ 241,765 $ 3,435,363 Individually evaluated for impairment 652 157 14,733 249 92 4,178 135 10,587 30,783 Total $ 428,389 $ 322,316 $ 899,565 $ 374,657 $ 431,524 $ 463,968 $ 293,375 $ 252,352 $ 3,466,146 Allowance for credit losses: Collectively evaluated for impairment $ 5,344 $ 3,107 $ 11,201 $ 4,269 $ 4,239 $ 3,747 $ 1,170 $ 5,901 $ 38,978 Individually evaluated for impairment 13 — 506 33 92 161 — 2,261 3,066 Total $ 5,357 $ 3,107 $ 11,707 $ 4,302 $ 4,331 $ 3,908 $ 1,170 $ 8,162 $ 42,044 December 31, 2023 (dollars in thousands) Commercial Commercial Commercial Construction Multi-Family One-to-four Agricultural Municipal, Total Loan balances: Collectively evaluated for impairment $ 427,528 $ 295,672 $ 865,394 $ 363,767 $ 417,608 $ 486,049 $ 287,150 $ 224,345 $ 3,367,513 Individually evaluated for impairment 272 170 15,287 216 315 5,459 144 15,041 36,904 Total $ 427,800 $ 295,842 $ 880,681 $ 363,983 $ 417,923 $ 491,508 $ 287,294 $ 239,386 $ 3,404,417 Allowance for credit losses: Collectively evaluated for impairment $ 4,960 $ 2,272 $ 6,693 $ 5,998 $ 3,837 $ 4,957 $ 975 $ 6,137 $ 35,829 Individually evaluated for impairment 20 — 1,021 — — 247 — 2,931 4,219 Total $ 4,980 $ 2,272 $ 7,714 $ 5,998 $ 3,837 $ 5,204 $ 975 $ 9,068 $ 40,048 The following tables present collateral dependent loans, by the primary collateral type, which are individually evaluated to determine expected credit losses, and the related allowance for credit losses allocated to these loans: December 31, 2024 Amortized Cost Allowance Primary Collateral Type (dollars in thousands) Real Estate Vehicles Other Total Commercial and industrial $ — $ 627 $ 25 $ 652 $ 13 Commercial real estate - owner occupied 157 — — 157 — Commercial real estate - non-owner occupied 14,733 — — 14,733 506 Construction and land development 249 — — 249 33 Multi-family 92 — — 92 92 One-to-four family residential 4,178 — — 4,178 161 Agricultural and farmland — — 135 135 — Municipal, consumer, and other 10,569 5 13 10,587 2,261 Total $ 29,978 $ 632 $ 173 $ 30,783 $ 3,066 December 31, 2023 Amortized Cost Allowance Primary Collateral Type (dollars in thousands) Real Estate Vehicles Other Total Commercial and industrial $ — $ 37 $ 235 $ 272 $ 20 Commercial real estate - owner occupied 170 — — 170 — Commercial real estate - non-owner occupied 15,287 — — 15,287 1,021 Construction and land development 216 — — 216 — Multi-family 315 — — 315 — One-to-four family residential 5,459 — — 5,459 247 Agricultural and farmland 144 — — 144 — Municipal, consumer, and other 14,978 39 24 15,041 2,931 Total $ 36,569 $ 76 $ 259 $ 36,904 $ 4,219 Accrued interest on loans is excluded from the estimate of credit losses and totaled Past Due and Nonaccrual Status Past due status is based on the contractual terms of the loan. Typically, loans are placed on nonaccrual when they reach 90 days past due, or when, in management’s opinion, there is reasonable doubt regarding the collection of the amounts due through the normal means of the borrower. Interest accrued and unpaid at the time a loan is placed on nonaccrual status is reversed from interest income. Interest payments received on nonaccrual loans are recognized in accordance with our significant accounting policies. Once a loan is placed on nonaccrual status, the borrower must generally demonstrate at least six months of payment performance and we must believe that all remaining principal and interest is fully collectible, before the loan is eligible to return to accrual status. The following tables present loans by category based on current payment and accrual status: December 31, 2024 Accruing Interest (dollars in thousands) Current 30 - 89 Days 90+ Days Nonaccrual Total Commercial and industrial $ 425,859 $ 1,878 $ — $ 652 $ 428,389 Commercial real estate - owner occupied 321,805 354 — 157 322,316 Commercial real estate - non-owner occupied 897,445 299 — 1,821 899,565 Construction and land development 373,933 475 — 249 374,657 Multi-family 431,432 — — 92 431,524 One-to-four family residential 459,069 721 — 4,178 463,968 Agricultural and farmland 293,231 9 — 135 293,375 Municipal, consumer, and other 251,798 182 4 368 252,352 Total $ 3,454,572 $ 3,918 $ 4 $ 7,652 $ 3,466,146 December 31, 2023 Accruing Interest (dollars in thousands) Current 30 - 89 Days 90+ Days Nonaccrual Total Commercial and industrial $ 427,300 $ 228 $ — $ 272 $ 427,800 Commercial real estate - owner occupied 295,672 — — 170 295,842 Commercial real estate - non-owner occupied 878,591 255 — 1,835 880,681 Construction and land development 363,735 32 — 216 363,983 Multi-family 417,597 11 — 315 417,923 One-to-four family residential 484,969 1,735 — 4,804 491,508 Agricultural and farmland 286,820 330 — 144 287,294 Municipal, consumer, and other 239,033 252 37 64 239,386 Total $ 3,393,717 $ 2,843 $ 37 $ 7,820 $ 3,404,417 The following tables present nonaccrual loans with and without a related allowance for credit losses: December 31, 2024 (dollars in thousands) Nonaccrual Nonaccrual Total Commercial and industrial $ 185 $ 467 $ 652 Commercial real estate - owner occupied — 157 157 Commercial real estate - non-owner occupied — 1,821 1,821 Construction and land development 216 33 249 Multi-family 92 — 92 One-to-four family residential 654 3,524 4,178 Agricultural and farmland — 135 135 Municipal, consumer, and other — 368 368 Total $ 1,147 $ 6,505 $ 7,652 December 31, 2023 (dollars in thousands) Nonaccrual Nonaccrual Total Commercial and industrial $ 120 $ 152 $ 272 Commercial real estate - owner occupied — 170 170 Commercial real estate - non-owner occupied 188 1,647 1,835 Construction and land development 216 — 216 Multi-family — 315 315 One-to-four family residential 14 4,790 4,804 Agricultural and farmland — 144 144 Municipal, consumer, and other — 64 64 Total $ 538 $ 7,282 $ 7,820 Credit Quality Indicators In June 2024, the Company updated its risk rating categories to add a special mention category to provide another level of granularity in distinguishing risk levels of loans. As of June 30, 2024, $19.5 million of the special mention loans would have been considered pass-watch and $10.6 million would have been considered substandard under the previous risk rating categories. The Company assigns a risk rating to all loans and periodically performs detailed internal reviews of all loans that are part of relationships with over $750 thousand in total exposure to identify credit risks and to assess the overall collectability of the portfolio. These risk ratings are also subject to review by the Company’s regulators, external loan review, and internal loan review. During the internal reviews, management monitors and analyzes the financial condition of borrowers and guarantors, trends in the industries in which the borrowers operate and the fair values of collateral securing the loans. Risk ratings are reviewed annually, at a minimum, and on an as needed basis depending on the specific circumstances of the loan. These credit quality indicators are used to assign a risk rating to each individual loan. Risk ratings are grouped into the following major categories: Pass – a pass loan is a credit with no existing or known potential weaknesses deserving of management’s close attention. Pass-Watch – a pass-watch loan is still considered a "pass" credit and is not a classified or criticized asset, but is a reflection of a borrower who exhibits credit weaknesses or downward trends warranting close attention and increased monitoring. These potential weaknesses may result in deterioration of the repayment prospects for the loan. No loss of principal or interest is expected, and the borrower does not pose sufficient risk to warrant a special mention, substandard, or doubtful classification. Special Mention – a special mention loan has potential weaknesses that deserve management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the assets or in the institution's credit position at some future date. Special mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. Substandard – a substandard loan is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified must have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. They are characterized as probable that the borrower will not pay principal and interest in accordance with the contractual terms. Doubtful – a doubtful loan has all the weaknesses inherent in one classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. There were no loans classified as doubtful as of December 31, 2024 and December 31, 2023. The following tables present loans by category based on their assigned risk ratings determined by management: December 31, 2024 (dollars in thousands) Pass Pass-Watch Special Mention Substandard Total Commercial and industrial $ 404,779 $ 16,429 $ 1,957 $ 5,224 $ 428,389 Commercial real estate - owner occupied 297,150 14,969 2,713 7,484 322,316 Commercial real estate - non-owner occupied 843,487 21,594 — 34,484 899,565 Construction and land development 351,657 1,376 20,847 777 374,657 Multi-family 411,842 3,855 15,735 92 431,524 One-to-four family residential 448,869 6,641 710 7,748 463,968 Agricultural and farmland 269,926 18,154 521 4,774 293,375 Municipal, consumer, and other 236,686 929 4,107 10,630 252,352 Total $ 3,264,396 $ 83,947 $ 46,590 $ 71,213 $ 3,466,146 December 31, 2023 (dollars in thousands) Pass Pass-Watch Substandard Total Commercial and industrial $ 419,494 $ 7,128 $ 1,178 $ 427,800 Commercial real estate - owner occupied 275,649 14,072 6,121 295,842 Commercial real estate - non-owner occupied 822,012 33,283 25,386 880,681 Construction and land development 351,087 12,604 292 363,983 Multi-family 397,951 19,656 316 417,923 One-to-four family residential 472,355 6,671 12,482 491,508 Agricultural and farmland 280,867 3,071 3,356 287,294 Municipal, consumer, and other 222,474 1,721 15,191 239,386 Total $ 3,241,889 $ 98,206 $ 64,322 $ 3,404,417 Risk ratings of loans, further sorted by origination year, are as follows as of December 31, 2024: (dollars in thousands) Term Loans by Origination Year Revolving Revolving Total 2024 2023 2022 2021 2020 Prior Commercial and industrial Pass $ 46,635 $ 43,007 $ 44,701 $ 11,617 $ 17,913 $ 41,397 $ 197,516 $ 1,993 $ 404,779 Pass-Watch 475 1,310 186 1,121 — 1,775 10,613 949 16,429 Special Mention — 281 272 173 — — 1,231 — 1,957 Substandard — 1,913 1,016 721 — — 939 635 5,224 Total $ 47,110 $ 46,511 $ 46,175 $ 13,632 $ 17,913 $ 43,172 $ 210,299 $ 3,577 $ 428,389 Commercial real estate - owner occupied Pass $ 63,546 $ 23,607 $ 56,509 $ 48,867 $ 39,679 $ 44,108 $ 19,766 $ 1,068 $ 297,150 Pass-Watch 6,478 395 3,698 2,111 542 1,374 371 — 14,969 Special Mention 1,877 — — 150 — — 686 — 2,713 Substandard 819 700 506 3,707 1,241 511 — — 7,484 Total $ 72,720 $ 24,702 $ 60,713 $ 54,835 $ 41,462 $ 45,993 $ 20,823 $ 1,068 $ 322,316 Commercial real estate - non-owner occupied Pass $ 92,125 $ 108,688 $ 245,168 $ 222,479 $ 84,054 $ 65,935 $ 23,425 $ 1,613 $ 843,487 Pass-Watch 3,173 421 6,656 4,031 2,442 4,871 — — 21,594 Special Mention — — — — — — — — — Substandard 23,245 9,191 — — — 2,048 — — 34,484 Total $ 118,543 $ 118,300 $ 251,824 $ 226,510 $ 86,496 $ 72,854 $ 23,425 $ 1,613 $ 899,565 Construction and land development Pass $ 181,274 $ 73,773 $ 65,045 $ 21,542 $ 590 $ 693 $ 8,228 $ 512 $ 351,657 Pass-Watch — — — — — 18 697 661 1,376 Special Mention — — 8,750 12,097 — — — — 20,847 Substandard 475 — 216 — — 86 — — 777 Total $ 181,749 $ 73,773 $ 74,011 $ 33,639 $ 590 $ 797 $ 8,925 $ 1,173 $ 374,657 Multi-family Pass $ 46,969 $ 80,450 $ 88,823 $ 101,284 $ 50,652 $ 40,839 $ 2,375 $ 450 $ 411,842 Pass-Watch 2,791 — 567 — — 492 — 5 3,855 Special Mention 6,936 — — — 8,799 — — — 15,735 Substandard 92 — — — — — — — 92 Total $ 56,788 $ 80,450 $ 89,390 $ 101,284 $ 59,451 $ 41,331 $ 2,375 $ 455 $ 431,524 One-to-four family residential Pass $ 44,914 $ 87,184 $ 79,834 $ 71,466 $ 57,258 $ 43,455 $ 59,446 $ 5,312 $ 448,869 Pass-Watch 1,126 1,271 936 242 405 2,252 134 275 6,641 Special Mention — — — 592 118 — — — 710 Substandard 281 522 861 473 382 4,824 16 389 7,748 Total $ 46,321 $ 88,977 $ 81,631 $ 72,773 $ 58,163 $ 50,531 $ 59,596 $ 5,976 $ 463,968 Agricultural and farmland Pass $ 42,272 $ 35,593 $ 32,146 $ 28,714 $ 27,865 $ 7,656 $ 94,977 $ 703 $ 269,926 Pass-Watch 100 2,671 1,424 1,403 508 861 10,633 554 18,154 Special Mention 134 87 — — — — 300 — 521 Substandard 332 51 494 9 3,183 — 319 386 4,774 Total $ 42,838 $ 38,402 $ 34,064 $ 30,126 $ 31,556 $ 8,517 $ 106,229 $ 1,643 $ 293,375 (dollars in thousands) Term Loans by Origination Year Revolving Revolving Total 2024 2023 2022 2021 2020 Prior Municipal, consumer, and other Pass $ 77,779 $ 37,678 $ 14,475 $ 23,204 $ 12,479 $ 37,460 $ 33,611 $ — $ 236,686 Pass-Watch 103 50 6 12 — 757 1 — 929 Special Mention — — — — — 4,107 — — 4,107 Substandard 21 5 33 — — 10,570 1 — 10,630 Total $ 77,903 $ 37,733 $ 14,514 $ 23,216 $ 12,479 $ 52,894 $ 33,613 $ — $ 252,352 Total by risk rating Pass $ 595,514 $ 489,980 $ 626,701 $ 529,173 $ 290,490 $ 281,543 $ 439,344 $ 11,651 $ 3,264,396 Pass-Watch 14,246 6,118 13,473 8,920 3,897 12,400 22,449 2,444 83,947 Special Mention 8,947 368 9,022 13,012 8,917 4,107 2,217 — 46,590 Substandard 25,265 12,382 3,126 4,910 4,806 18,039 1,275 1,410 71,213 Total $ 643,972 $ 508,848 $ 652,322 $ 556,015 $ 308,110 $ 316,089 $ 465,285 $ 15,505 $ 3,466,146 Risk ratings of loans, further sorted by origination year, are as follows as of December 31, 2023: (dollars in thousands) Term Loans by Origination Year Revolving Revolving Total 2023 2022 2021 2020 2019 Prior Commercial and industrial Pass $ 90,931 $ 58,364 $ 19,283 $ 26,816 $ 5,269 $ 29,550 $ 187,579 $ 1,702 $ 419,494 Pass-Watch 2,025 1,340 892 144 753 471 956 547 7,128 Substandard 111 73 327 60 — — 323 284 1,178 Total $ 93,067 $ 59,777 $ 20,502 $ 27,020 $ 6,022 $ 30,021 $ 188,858 $ 2,533 $ 427,800 Commercial real estate - owner occupied Pass $ 27,516 $ 64,229 $ 55,376 $ 53,634 $ 32,469 $ 28,876 $ 13,549 $ — $ 275,649 Pass-Watch 4,061 943 5,210 1,474 1,573 811 — — 14,072 Substandard 2,734 86 1,550 64 164 1,523 — — 6,121 Total $ 34,311 $ 65,258 $ 62,136 $ 55,172 $ 34,206 $ 31,210 $ 13,549 $ — $ 295,842 Commercial real estate - non-owner occupied Pass $ 121,536 $ 240,323 $ 237,953 $ 88,894 $ 82,094 $ 39,228 $ 10,274 $ 1,710 $ 822,012 Pass-Watch 810 6,893 7,013 353 4,230 154 13,585 245 33,283 Substandard 13,376 124 286 — 2,410 9,190 — — 25,386 Total $ 135,722 $ 247,340 $ 245,252 $ 89,247 $ 88,734 $ 48,572 $ 23,859 $ 1,955 $ 880,681 Construction and land development Pass $ 153,499 $ 119,005 $ 56,954 $ 5,596 $ 2,662 $ 796 $ 12,050 $ 525 $ 351,087 Pass-Watch 153 10,750 — — — — 163 1,538 12,604 Substandard — 216 — — — 76 — — 292 Total $ 153,652 $ 129,971 $ 56,954 $ 5,596 $ 2,662 $ 872 $ 12,213 $ 2,063 $ 363,983 Multi-family Pass $ 83,898 $ 81,507 $ 115,402 $ 53,126 $ 34,053 $ 23,570 $ 5,904 $ 491 $ 397,951 Pass-Watch 3,111 7,197 — 8,821 51 468 — 8 19,656 Substandard — — 316 — — — — — 316 Total $ 87,009 $ 88,704 $ 115,718 $ 61,947 $ 34,104 $ 24,038 $ 5,904 $ 499 $ 417,923 One-to-four family residential Pass $ 105,337 $ 91,636 $ 82,289 $ 64,094 $ 21,986 $ 44,241 $ 57,248 $ 5,524 $ 472,355 Pass-Watch 2,382 286 940 486 212 1,804 203 358 6,671 Substandard 1,507 1,527 623 646 1,037 4,166 64 2,912 12,482 Total $ 109,226 $ 93,449 $ 83,852 $ 65,226 $ 23,235 $ 50,211 $ 57,515 $ 8,794 $ 491,508 Agricultural and farmland Pass $ 52,766 $ 37,600 $ 36,604 $ 33,960 $ 8,910 $ 7,756 $ 100,486 $ 2,785 $ 280,867 Pass-Watch 953 361 425 30 71 719 172 340 3,071 Substandard — — 13 3,199 — 144 — — 3,356 Total $ 53,719 $ 37,961 $ 37,042 $ 37,189 $ 8,981 $ 8,619 $ 100,658 $ 3,125 $ 287,294 Municipal, consumer, and other Pass $ 43,575 $ 57,404 $ 27,904 $ 14,342 $ 1,016 $ 42,499 $ 35,734 $ — $ 222,474 Pass-Watch 9 6 13 — — 1,693 — — 1,721 Substandard 51 103 2 6 8 15,012 8 1 15,191 Total $ 43,635 $ 57,513 $ 27,919 $ 14,348 $ 1,024 $ 59,204 $ 35,742 $ 1 $ 239,386 Total by risk rating Pass $ 679,058 $ 750,068 $ 631,765 $ 340,462 $ 188,459 $ 216,516 $ 422,824 $ 12,737 $ 3,241,889 Pass-Watch 13,504 27,776 14,493 11,308 6,890 6,120 15,079 3,036 98,206 Substandard 17,779 2,129 3,117 3,975 3,619 30,111 395 3,197 64,322 Total $ 710,341 $ 779,973 $ 649,375 $ 355,745 $ 198,968 $ 252,747 $ 438,298 $ 18,970 $ 3,404,417 Modifications The Company modified one commercial and industrial loan to a borrower experiencing financial difficulty during the year ended December 31, 2024. The modification included an interest rate reduction and a term extension. As of December 31, 2024, the book balance of the modified loan was $0.5 million, and the loan was current and performing in accordance with the modified terms. There were no loan modifications to borrowers experiencing financial difficulty during the year ended December 31, 2023.

LOAN SERVICING

LOAN SERVICING	12 Months Ended
	Dec. 31, 2024
Transfers and Servicing [Abstract]
LOAN SERVICING	LOAN SERVICING Mortgage loans serviced for others, which are not included in the accompanying consolidated balance sheets, amounted to $1.55 billion and $1.66 billion as of December 31, 2024 and 2023, respectively. Activity in mortgage servicing rights was as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Beginning balance $ 19,001 $ 10,147 $ 7,994 Acquired — 10,469 — Capitalized servicing rights 726 726 530 Fair value adjustments attributable to payments and principal reductions (2,083) (2,110) (1,343) Fair value adjustments attributable to changes in valuation inputs and assumptions 1,183 (231) 2,966 Ending balance $ 18,827 $ 19,001 $ 10,147

BANK PREMISES AND EQUIPMENT

BANK PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
BANK PREMISES AND EQUIPMENT	BANK PREMISES AND EQUIPMENT Bank premises and equipment are stated at cost less accumulated depreciation as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Land, buildings, and improvements $ 98,426 $ 93,955 Furniture, fixtures, and equipment 26,270 26,205 Total bank premises and equipment 124,696 120,160 Less accumulated depreciation 57,938 55,010 Total bank premises and equipment, net $ 66,758 $ 65,150 Depreciation expense by category is as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Buildings and improvements $ 1,990 $ 1,879 $ 1,623 Furniture, fixtures, and equipment 954 1,229 1,420 Total depreciation expense $ 2,944 $ 3,108 $ 3,043

FORECLOSED ASSETS

FORECLOSED ASSETS	12 Months Ended
	Dec. 31, 2024
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]
FORCLOSED ASSETS	FORECLOSED ASSETS Foreclosed assets activity was as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Beginning balance $ 852 $ 3,030 $ 3,278 Acquired — 271 — Transfers from loans 889 1,143 541 Proceeds from sales (1,396) (4,093) (475) Net gain on sales 112 764 118 Direct write-downs (90) (263) (432) Ending balance $ 367 $ 852 $ 3,030 Gains (losses) on foreclosed assets included the following: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Direct write-downs $ (90) $ (263) $ (432) Net gain on sales 112 764 118 Gains (losses) on foreclosed assets $ 22 $ 501 $ (314) As of December 31, 2024 and 2023, the carrying value of foreclosed one-to-four family residential real estate properties held was $0.3 million and $0.1 million, respectively. As of December 31, 2024, there were 19 one-to-four family residential real estate loans in the process of foreclosure totaling $1.8 million. As of December 31, 2023, there were 16 one-to-four family residential real estate loans in the process of foreclosure totaling $1.2 million.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS The Company did not record additions to goodwill for the years ended December 31, 2024 and 2022. During the year ended December 31, 2023, the Company recorded goodwill of $30.5 million related to the acquisition of Town and Country. The following table summarizes the changes in the Company's intangible assets: Year Ended December 31, 2024 2023 2022 (dollars in thousands) Core Deposit Customer Relationship Intangible Core Deposit Customer Relationship Intangible Core Deposit Customer Relationship Intangible Beginning balance $ 19,774 $ 908 $ 1,070 $ — $ 1,943 $ — Additions — — 21,282 1,000 — — Amortization (2,739) (100) (2,578) (92) (873) — Ending balance $ 17,035 $ 808 $ 19,774 $ 908 $ 1,070 $ — Accumulated amortization $ 26,164 $ 192 $ 23,425 $ 92 $ 20,847 $ — Amortization of intangible assets for the years subsequent to December 31, 2024 is expected to be as follows (dollars in thousands): Year ended December 31, 2025 $ 2,726 2026 2,411 2027 2,338 2028 2,255 2029 2,162 Thereafter 5,951 Total $ 17,843

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2024
Deposits [Abstract]
DEPOSITS	DEPOSITS The Company’s deposits are summarized below: (dollars in thousands) December 31, 2024 December 31, 2023 Noninterest-bearing deposits $ 1,046,405 $ 1,072,407 Interest-bearing deposits: Interest-bearing demand 1,099,061 1,145,092 Money market 820,825 803,381 Savings 566,533 608,424 Time 785,430 627,253 Brokered — 144,880 Total interest-bearing deposits 3,271,849 3,329,030 Total deposits $ 4,318,254 $ 4,401,437 Reciprocal deposits included in interest-bearing demand deposits, money market deposits, and time deposits totaled $229.4 million and $236.8 million as of December 31, 2024 and 2023, respectively. The aggregate amounts of time deposits in denominations of $250 thousand or more amounted to $202.2 million and $130.2 million as of December 31, 2024 and 2023, respectively. The aggregate amounts of time deposits in denominations of $100 thousand or more amounted to $455.2 million and $342.8 million as of December 31, 2024 and 2023, respectively. The components of interest expense on deposits were as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Interest-bearing demand $ 5,499 $ 3,130 $ 607 Money market 18,637 7,352 813 Savings 1,621 1,033 208 Time 28,183 10,784 883 Brokered 2,107 2,836 — Total interest expense on deposits $ 56,047 $ 25,135 $ 2,511 At December 31, 2024, the scheduled maturities of time deposits are as follows (dollars in thousands): Year ended December 31, 2025 $ 742,741 2026 29,443 2027 7,445 2028 3,582 2029 2,128 Thereafter 91 Total $ 785,430

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	12 Months Ended
	Dec. 31, 2024
Broker-Dealer [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE All repurchase agreements are sweep instruments. The securities underlying the agreements as of December 31, 2024 and 2023 were under the Company’s control in safekeeping at third-party financial institutions, and included debt securities. Information pertaining to securities sold under agreements to repurchase is as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Balance at end of year $ 28,969 $ 42,442 Weighted average rate as of end of year 2.58 % 2.42 % Fair value of securities underlying the agreements $ 34,335 $ 49,303 Carrying value of securities underlying the agreements $ 37,628 $ 52,958

BORROWINGS

BORROWINGS	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
BORROWINGS	BORROWINGS FHLB advances totaled $13.2 million with a weighted average interest rate of 0.54% as of December 31, 2024 and totaled $12.6 million with a weighted average interest rate of 0.55% as of December 31, 2023. The FHLB advances outstanding as of December 31, 2024 mature between 2025 and 2029. Borrowings from the FHLB are secured by the FHLB stock held by the Company and pledged security in the form of qualifying loans. The loans pledged as of December 31, 2024 and 2023 totaled $1.91 billion and $1.20 billion, respectively. As of December 31, 2024 and 2023, loans pledged also served as collateral for credit exposure of $0.4 million associated with the Bank’s participation in the FHLB’s Mortgage Partnership Finance Program. As of December 31, 2024, loans pledged also served as collateral for a $70.0 million letter of credit for the benefit of uninsured public funds deposits. The Bank also had available borrowings through the discount window of the Federal Reserve Bank of Chicago. Available borrowings are based on the collateral pledged. As of December 31, 2024 and 2023, debt securities with a carrying value of $108.0 million and $9.8 million, respectively, were pledged to secure available borrowings.

SUBORDINATED NOTES

SUBORDINATED NOTES	12 Months Ended
	Dec. 31, 2024
Subordinated Borrowings [Abstract]
SUBORDINATED NOTES	SUBORDINATED NOTES On September 3, 2020, the Company issued $40.0 million of fixed-to-floating rate subordinated notes that mature on September 15, 2030. The subordinated notes, which are unsecured obligations of the Company, bear a fixed interest rate of 4.50% for the first five years after issuance and thereafter bear interest at a floating rate equal to three-month SOFR, as determined on the Floating Interest Determination Date, plus 4.37%. Interest is payable semi-annually during the five year fixed rate period and quarterly during the subsequent five year floating rate period. The subordinated notes have an optional redemption in whole or in part on any interest payment date on or after September 15, 2025. If the subordinated notes are redeemed before they mature, the redemption price will be the principal amount plus any accrued but unpaid interest. The transaction resulted in debt issuance costs of $0.8 million which is being amortized over 10 years. As of December 31, 2024 and 2023, 100% of the subordinated notes qualified as Tier 2 capital. The face value and carrying value of the subordinated notes are summarized below: (dollars in thousands) December 31, 2024 December 31, 2023 Subordinated notes, at face value $ 40,000 $ 40,000 Unamortized issuance costs (447) (526) Subordinated notes, at carrying value $ 39,553 $ 39,474

JUNIOR SUBORDINATED DEBENTURES

JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS	12 Months Ended
	Dec. 31, 2024
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust [Abstract]
JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS	JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS Eight subsidiary business trusts of the Company have issued floating rate capital securities (“capital securities”) which are guaranteed by the Company. The Company owns all of the outstanding stock of the subsidiary business trusts. The trusts used the proceeds from the issuance of their capital securities to buy floating rate junior subordinated deferrable interest debentures (“junior subordinated debentures”) issued by the Company. These junior subordinated debentures are the only assets of the trusts and the interest payments from the junior subordinated debentures finance the distributions paid on the capital securities. The junior subordinated debentures are unsecured, rank junior and subordinate in the right of payment to all senior debt of the Company, and have an optional redemption in whole or in part on any interest payment date. In accordance with GAAP, the trusts are not consolidated in the Company’s financial statements. The face values and carrying values of the junior subordinated debentures are summarized as follows: Carrying Value (dollars in thousands) Face Value December 31, 2024 December 31, 2023 Heartland Bancorp, Inc. Capital Trust B $ 10,310 $ 10,310 $ 10,310 Heartland Bancorp, Inc. Capital Trust C 10,310 10,310 10,310 Heartland Bancorp, Inc. Capital Trust D 5,155 5,155 5,155 FFBI Capital Trust I 7,217 7,217 7,217 National Bancorp Statutory Trust I 5,773 4,919 4,853 Town and Country Statutory Trust II 4,124 4,374 4,401 Town and Country Statutory Trust III 7,732 7,590 7,578 West Plains Investors Statutory Trust I 3,093 2,974 2,965 Total $ 53,714 $ 52,849 $ 52,789 The interest rates on the junior subordinated debentures are variable, reset quarterly, and are equal to the three-month term SOFR, as determined on the SOFR Determination Date immediately preceding the Distribution Payment Date specific to each junior subordinated debenture, plus a fixed percentage. The interest rates and maturities of the junior subordinated debentures are summarized as follows: Interest Rate at Variable Interest Rate December 31, December 31, Maturity Date Heartland Bancorp, Inc. Capital Trust B SOFR plus 3.01% 7.67 % 8.41 % April 6, 2034 Heartland Bancorp, Inc. Capital Trust C SOFR plus 1.79 6.15 7.18 June 15, 2037 Heartland Bancorp, Inc. Capital Trust D SOFR plus 1.61 5.97 7.00 September 15, 2037 FFBI Capital Trust I SOFR plus 3.06 7.72 8.46 April 6, 2034 National Bancorp Statutory Trust I SOFR plus 3.16 7.52 8.55 December 15, 2037 Town and Country Statutory Trust II SOFR plus 3.05 7.40 8.43 March 17, 2034 Town and Country Statutory Trust III SOFR plus 1.94 6.30 7.33 March 22, 2037 West Plains Investors Statutory Trust I SOFR plus 1.71 6.07 7.10 June 15, 2037 The distribution rate payable on the debentures is cumulative and payable quarterly in arrears. The Company has the right, subject to events of default, to defer payments of interest on the junior subordinated debentures at any time by extending the interest payment period for a period not exceeding 20 quarterly periods with respect to each deferral period, provided that no extension period may extend beyond the redemption or maturity date of the junior subordinated debentures. The capital securities are subject to mandatory redemption upon payment of the junior subordinated debentures and carry an interest rate identical to that of the related debenture. The junior subordinated debentures maturity dates may be shortened if certain conditions are met, or at any time within 90 days following the occurrence and continuation of certain changes in either tax treatment or the capital treatment of the junior subordinated debentures or the capital securities. If the junior subordinated debentures are redeemed before they mature, the redemption price will be the principal amount plus any accrued but unpaid interest. The Company has the right to terminate each Capital Trust and cause the junior subordinated debentures to be distributed to the holders of the capital securities in liquidation of such trusts. Under current banking regulations, bank holding companies are allowed to include qualifying trust preferred securities in their Tier 1 Capital for regulatory capital purposes, subject to a 25% limitation to all core (Tier 1) capital elements, net of goodwill and other intangible assets less any associated deferred tax liability. As of December 31, 2024 and 2023, 100% of the trust preferred securities qualified as Tier 1 capital under the final rule adopted in March 2005.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS Derivative financial instruments are negotiated contracts entered into by two issuing counterparties containing specific agreement terms, including the underlying instrument, amount, exercise price, and maturities. The derivatives accounting guidance requires that the Company recognize all derivative financial instruments as either assets or liabilities at fair value in the consolidated balance sheets. The Company may utilize interest rate swap agreements as part of its asset liability management strategy to help manage its interest rate risk position. Interest Rate Swaps Designated as Cash Flow Hedges The Company designated certain interest rate swap agreements as cash flow hedges on variable-rate borrowings. For derivative instruments that are designated and qualify as a cash flow hedge, the gain or loss on interest rate swaps designated as cash flow hedging instruments, net of tax, is reported as a component of accumulated other comprehensive income (loss) and reclassified into earnings in the same period or periods during which the hedged transactions affect earnings. The interest rate swap agreements designated as cash flow hedges were as follows: December 31, 2024 December 31, 2023 (dollars in thousands) Notional Fair Notional Fair Fair value recorded in other assets $ 7,000 $ 38 $ 17,000 $ 322 As of December 31, 2024, the interest rate swap agreement designated as a cash flow hedge matures in April 2025. The counterparty had cash pledged and held on deposit by the Company of $0.6 million as of December 31, 2023. The effect of interest rate swap agreements designated as cash flow hedges on the consolidated statements of income was as follows: Location of gross gain (loss) reclassified Amounts of gross gain (loss) Year Ended (dollars in thousands) 2024 2023 2022 Designated as cash flow hedges: Junior subordinated debentures interest expense $ 348 $ 468 $ (126) Interest Rate Swaps Not Designated as Hedging Instruments The Company may offer interest rate swap agreements to its commercial borrowers in connection with their risk management needs. The Company manages the interest rate risk associated with these contracts by entering into an equal and offsetting derivative with a third-party financial institution. While these interest rate swap agreements generally work together as an economic interest rate hedge, the Company did not designate them for hedge accounting treatment. Consequently, changes in fair value of the corresponding derivative financial asset or liability were recorded as either a charge or credit to current earnings during the period in which the changes occurred. The interest rate swap agreements not designated as hedging instruments were as follows: December 31, 2024 December 31, 2023 (dollars in thousands) Notional Fair Notional Fair Fair value recorded in other assets: Interest rate swaps with a commercial borrower counterparty $ — $ — $ — $ — Interest rate swaps with a financial institution counterparty 79,416 5,515 94,497 6,227 Total fair value recorded in other assets $ 79,416 $ 5,515 $ 94,497 $ 6,227 Fair value recorded in other liabilities: Interest rate swaps with a commercial borrower counterparty $ 79,416 $ (5,515) $ 94,497 $ (6,227) Interest rate swaps with a financial institution counterparty — — — — Total fair value recorded in other liabilities $ 79,416 $ (5,515) $ 94,497 $ (6,227) As of December 31, 2024, the interest rate swap agreements not designated as hedging instruments had contractual maturities between 2027 and 2035. The effect of interest rate contracts not designated as hedging instruments recognized in other noninterest income on the consolidated statements of income was as follows: Year Ended (dollars in thousands) 2024 2023 2022 Not designated as hedging instruments: Gross gains $ 10,781 $ 11,198 $ 16,002 Gross losses (10,781) (11,198) (16,002) Net gains (losses) $ — $ — $ — Risk Participation Agreements We have entered into a risk participation agreement to share credit exposure with a counterparty related to an interest rate swap agreement associated with a loan participation. Under the risk participation agreement, the Company sold a portion of its credit exposure, receiving an up-front fee, and will be required to make a payment to the counterparty if the loan customer defaults on its obligations. The risk participation agreement matures in 2035 and is summarized as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Risk participation agreements sold Notional amount $ 5,268 $ — Fair value (10) —

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2024
AOCI Attributable to Parent [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents the activity and accumulated balances for components of other comprehensive income (loss): Unrealized Gains (Losses) Derivatives Total (dollars in thousands) Available-for-Sale Held-to-Maturity Balance, December 31, 2021 $ 5,736 $ (3,514) $ (751) $ 1,471 Transfer from available-for-sale to held-to-maturity 7,664 (7,664) — — Other comprehensive income (loss) before reclassifications (105,459) — 1,183 (104,276) Reclassifications — 1,723 126 1,849 Other comprehensive income (loss), before tax (105,459) 1,723 1,309 (102,427) Income tax expense (benefit) (30,061) 491 373 (29,197) Other comprehensive income (loss), after tax (75,398) 1,232 936 (73,230) Balance, December 31, 2022 (61,998) (9,946) 185 (71,759) Other comprehensive income before reclassifications 16,949 — 161 17,110 Reclassifications 1,820 1,954 (468) 3,306 Other comprehensive income (loss), before tax 18,769 1,954 (307) 20,416 Income tax expense (benefit) 5,350 557 (87) 5,820 Other comprehensive income (loss), after tax 13,419 1,397 (220) 14,596 Balance, December 31, 2023 (48,579) (8,549) (35) (57,163) Other comprehensive income before reclassifications 9,023 — 64 9,087 Reclassifications 3,697 1,992 (348) 5,341 Other comprehensive income (loss), before tax 12,720 1,992 (284) 14,428 Income tax expense (benefit) 3,549 562 (81) 4,030 Other comprehensive income (loss), after tax 9,171 1,430 (203) 10,398 Balance, December 31, 2024 (39,408) (7,119) (238) (46,765) Reclassifications from accumulated other comprehensive income (loss) for unrealized gains (losses) on debt securities available-for-sale are included in either gains (losses) on sales of securities or provision for credit losses in the accompanying consolidated statements of income. Reclassifications from accumulated other comprehensive income (loss) for unrealized gains on debt securities held-to-maturity are included in securities interest income in the accompanying consolidated statements of income. Reclassifications from accumulated other comprehensive income (loss) for the fair value of derivative financial instruments represent net interest payments received or made on derivatives designated as cash flow hedges. See Note 14 for additional information.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Allocation of income tax expense between current and deferred portions is as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Current Federal $ 17,090 $ 12,538 $ 15,194 State 7,517 6,384 7,459 Total current 24,607 18,922 22,653 Deferred Federal 307 2,811 (2,045) State 689 1,006 (874) Total deferred 996 3,817 (2,919) Income tax expense $ 25,603 $ 22,739 $ 19,734 Income tax expense differs from the statutory federal rate due to the following: Year Ended December 31, 2024 2023 2022 (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage Federal income tax, at statutory rate $ 20,450 21.0 % $ 18,602 21.0 % $ 16,000 21.0 % Increase (decrease) resulting from: Federally tax exempt interest income (1,391) (1.4) (1,767) (2.0) (1,618) (2.1) State taxes, net of federal benefit 6,481 6.7 5,838 6.6 5,285 6.9 Other 63 — 66 0.1 67 0.1 Income tax expense $ 25,603 26.3 % $ 22,739 25.7 % $ 19,734 25.9 % The components of the deferred tax assets and liabilities are as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Deferred tax assets Allowance for credit losses $ 12,523 $ 12,247 Compensation related 3,119 3,230 Deferred loan fees 692 676 Nonaccrual interest 673 596 Foreclosed assets — 18 Goodwill 3 74 Net operating loss carryforward 99 144 Net unrealized losses on debt securities 19,424 23,967 Other purchase accounting adjustments 4,012 5,250 Other 699 575 Total deferred tax assets 41,244 46,777 Deferred tax liabilities Fixed asset depreciation 3,172 3,044 Mortgage servicing rights 5,224 5,306 Intangible assets 4,899 5,584 Prepaid assets 982 816 Other 532 566 Total deferred tax liabilities 14,809 15,316 Net deferred tax asset $ 26,435 $ 31,461 As of December 31, 2024, the Company had an Illinois net operating loss carryforward of $1.3 million which is available to offset future Illinois taxable income. The Illinois net operating loss carryforward is subject to a $500 thousand limitation through 2027 and will begin to expire in 2047. Management believes that it is more likely than not that the deferred tax assets included in the balance sheet will be realized, and that a valuation allowance was not required for deferred tax assets as of December 31, 2024 and 2023. The Company files consolidated federal and state income tax returns. The Company is generally no longer subject to federal or state income tax examinations for years prior to 2021.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE The Company previously granted restricted stock units that contained non-forfeitable rights to dividend equivalents which were considered participating securities. Prior to 2024, these restricted stock units were included in the calculation of basic earnings per share using the two-class method. The two-class method of computing earnings per share is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. Diluted earnings per share is computed using the treasury stock method and reflects the potential dilution from the Company’s outstanding restricted stock units and performance restricted stock units. The following table sets forth the computation of basic and diluted earnings per share: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Numerator: Net income $ 71,780 $ 65,842 $ 56,456 Earnings allocated to participating securities — (36) (66) Numerator for earnings per share - basic and diluted $ 71,780 $ 65,806 $ 56,390 Denominator: Weighted average common shares outstanding 31,590,117 31,626,308 28,853,697 Dilutive effect of outstanding restricted stock units 122,363 111,839 65,619 Weighted average common shares outstanding, including all dilutive potential shares 31,712,480 31,738,147 28,919,316 Earnings per share - Basic $ 2.27 $ 2.08 $ 1.95 Earnings per share - Diluted $ 2.26 $ 2.07 $ 1.95

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS Profit Sharing Plan During the years ended December 31, 2024, 2023, and 2022, the Company’s profit sharing plan contribution expense amounted to $1.8 million, $1.7 million, and $1.3 million, respectively. The Company’s contributions vest to employees ratably over a six-year period. Medical Insurance Benefits The Company is partially self-insured for medical claims filed by its employees. During the years ended December 31, 2024, 2023, and 2022, medical benefits expense amounted to $7.8 million, $6.2 million, and $4.9 million, respectively.

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION PLANS	STOCK-BASED COMPENSATION PLANS The Company has adopted the HBT Financial, Inc. Omnibus Incentive Plan (the “Omnibus Incentive Plan”). The Omnibus Incentive Plan provides for grants of (i) stock options, (ii) stock appreciation rights, (iii) restricted shares, (iv) restricted stock units, (v) performance awards, (vi) other share-based awards and (vii) other cash-based awards to eligible employees, non-employee directors and consultants of the Company. The maximum number of shares of common stock available for issuance under the Omnibus Incentive Plan is 1,820,000 shares. The following is a summary of stock-based compensation expense (benefit): Year Ended December 31, (dollars in thousands) 2024 2023 2022 Restricted stock units $ 1,061 $ 1,204 $ 1,334 Performance restricted stock units 691 749 615 Total awards classified as equity 1,752 1,953 1,949 Stock appreciation rights (32) 95 88 Total stock-based compensation expense $ 1,720 $ 2,048 $ 2,037 In February 2022, all outstanding restricted stock unit and performance restricted stock unit agreements were modified to address treatment upon retirement. In the event of retirement, and if the retirement eligibility requirements are met, then 100% of unvested restricted stock units and performance restricted stock units will continue to vest in accordance with the originally established vesting schedule. The retirement modification resulted in the acceleration of $0.6 million of expense, although total compensation costs related to the modified agreements remained the same. Restricted Stock Units A restricted stock unit grants a participant the right to receive one share of the Company’s common stock, following the completion of the requisite service period. Restricted stock units are classified as equity. Compensation cost is based on the Company’s stock price on the grant date and is recognized on a straight-line basis over the service period for the entire award. Dividend equivalents on restricted stock units, which are either accrued until vested, are classified as dividends charged to retained earnings. During the years ended December 31, 2024, 2023, and 2022, the total grant date fair value of the restricted stock units granted was $1.0 million, $1.0 million, and $1.3 million, respectively, based on the grant date closing prices. The total intrinsic value of restricted stock units that vested during the years ended December 31, 2024, 2023, 2022 were $1.4 million, $1.1 million, and $0.7 million, respectively. The following is a summary of restricted stock unit activity: Year Ended December 31, 2024 2023 2022 Restricted Weighted Restricted Weighted Restricted Weighted Beginning balance 128,159 $ 19.56 139,986 $ 18.01 109,244 $ 17.27 Granted 51,246 19.06 41,847 22.72 66,995 18.81 Vested (70,540) 18.96 (51,693) 17.91 (34,925) 17.26 Forfeited (262) 19.06 (1,981) 19.55 (1,328) 18.35 Ending balance 108,603 $ 19.71 128,159 $ 19.56 139,986 $ 18.01 As of December 31, 2024, unrecognized compensation cost related to the non-vested restricted stock units was $0.9 million. This cost is expected to be recognized over the weighted average remaining service period of 1.5 years. Performance Restricted Stock Units A performance restricted stock unit is similar to a restricted stock unit, except that the number of shares of the Company’s common stock awarded is based on a performance condition and the completion of the requisite service period. The number of shares of the Company’s common stock that may be earned ranges from 0% to 150% of the number of performance restricted stock units granted. Performance restricted stock units are classified as equity. Compensation cost is based on the Company’s stock price on the grant date and an assessment of the probable outcome of the performance condition. Compensation cost is recognized on a straight-line basis over the service period of the entire award. Changes in the performance condition probability assessment result in cumulative catch-up adjustments to the compensation cost recognized. Dividend equivalents on performance restricted stock units, which are accrued until vested, are classified as dividends charged to retained earnings. During the years ended December 31, 2024, 2023, and 2022, the total fair value of the performance restricted stock units granted was $0.4 million, $0.4 million, and $0.5 million, respectively, based on the grant date closing prices and an assessment of the probable outcome of the performance condition on the grant date. The total intrinsic value of performance restricted stock units that vested during the year ended December 31, 2024 was $0.8 million. The following is a summary of performance restricted stock unit activity: Year Ended December 31, 2024 2023 2022 Performance Weighted Performance Weighted Performance Weighted Beginning balance 79,097 $ 18.25 62,067 $ 17.02 38,344 $ 15.72 Granted 19,933 19.06 17,030 22.72 23,723 19.14 Adjustment for performance condition 14,349 15.53 — — — — Vested (43,046) 15.53 — — — — Forfeited — — — — — — Ending balance 70,333 $ 19.59 79,097 $ 18.25 62,067 $ 17.02 As of December 31, 2024, unrecognized compensation cost related to non-vested performance restricted stock units was $0.4 million, based on the current assessment of the probable outcome of the performance conditions. This cost is expected to be recognized over the weighted average remaining service period of 1.2 years. Stock Appreciation Rights A stock appreciation right grants a participant the right to receive an amount of cash, the value of which equals the appreciation in the Company’s stock price between the grant date and the exercise date. Stock appreciation rights are classified as liabilities. The liability is based on an option-pricing model used to estimate the fair value of the stock appreciation rights. Compensation cost for non-vested stock appreciation rights is recognized on a straight line basis over the service period of the entire award. The following is a summary of stock appreciation rights activity: Year Ended December 31, 2024 2023 2022 Stock Weighted Stock Weighted Stock Weighted Beginning balance 73,440 $ 16.32 73,440 $ 16.32 97,920 $ 16.32 Granted — — — — — — Exercised — — — — (24,480) 16.32 Expired — — — — — — Forfeited — — — — — — Ending balance 73,440 $ 16.32 73,440 $ 16.32 73,440 $ 16.32 As of December 31, 2024, all stock appreciation rights were exercisable and had a weighted average remaining term of 4.3 years. There was no unrecognized compensation cost for stock appreciation rights as of December 31, 2024. As of December 31, 2024 and 2023, the liability recorded for outstanding stock appreciation rights was $0.5 million and $0.6 million, respectively. The Company uses an option pricing model to value the stock appreciation rights, using the assumptions in the following table. Expected volatility is derived from the historical volatility of the Company’s stock price. December 31, 2024 December 31, 2023 Risk-free interest rate 4.37 % 3.85 % Expected volatility 30.95 % 37.37 % Expected life (in years) 4.7 5.7 Expected dividend yield 3.47 % 3.22 % As of December 31, 2023, the liability recorded for previously exercised stock appreciation rights was $0.2 million which was paid in 2024.

REGULATORY CAPITAL

REGULATORY CAPITAL	12 Months Ended
	Dec. 31, 2024
Banking and Thrift, Other Disclosure [Abstract]
REGULATORY CAPITAL	REGULATORY CAPITAL The Company (on a consolidated basis) and the Bank are each subject to various regulatory capital requirements administered by the federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by the regulators that, if undertaken, could have a direct material effect on the consolidated financial statements of the Company and the Bank. Additionally, the ability of the Company to pay dividends to its stockholders is dependent upon the ability of the Bank to pay dividends to the Company. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of the assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by regulators about components, risk weightings, and other factors. As allowed under the regulations, the Company and the Bank elected to exclude accumulated other comprehensive income, including unrealized gains and losses on debt securities, in the computation of regulatory capital. Prompt corrective action provisions are not applicable to bank holding companies. Additionally, the Company and the Bank must maintain a “capital conservation buffer” to avoid becoming subject to restrictions on capital distributions and certain discretionary bonus payments to management. The capital conservation buffer is 2.5% of risk-weighted assets. As of December 31, 2024 and 2023, the Company and the Bank each met all capital adequacy requirements to which they were subject. The actual and required capital amounts and ratios of the Company (on a consolidated basis) and the Bank were as follows: December 31, 2024 Actual For Capital To Be Well (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Consolidated HBT Financial, Inc. Total Capital (to Risk Weighted Assets) $ 652,563 16.51 % $ 316,145 8.00 % N/A N/A Tier 1 Capital (to Risk Weighted Assets) 573,203 14.50 237,109 6.00 N/A N/A Common Equity Tier 1 Capital (to Risk Weighted Assets) 521,968 13.21 177,831 4.50 N/A N/A Tier 1 Capital (to Average Assets) 573,203 11.51 199,167 4.00 N/A N/A Heartland Bank and Trust Company Total Capital (to Risk Weighted Assets) $ 635,878 16.11 % $ 315,825 8.00 % $ 394,781 10.00 % Tier 1 Capital (to Risk Weighted Assets) 596,071 15.10 236,869 6.00 315,825 8.00 Common Equity Tier 1 Capital (to Risk Weighted Assets) 596,071 15.10 177,651 4.50 256,608 6.50 Tier 1 Capital (to Average Assets) 596,071 11.98 199,030 4.00 248,787 5.00 December 31, 2023 Actual For Capital To Be Well (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Consolidated HBT Financial, Inc. Total Capital (to Risk Weighted Assets) $ 603,234 15.33 % $ 314,814 8.00 % N/A N/A Tier 1 Capital (to Risk Weighted Assets) 527,964 13.42 236,110 6.00 N/A N/A Common Equity Tier 1 Capital (to Risk Weighted Assets) 476,789 12.12 177,083 4.50 N/A N/A Tier 1 Capital (to Average Assets) 527,964 10.49 201,231 4.00 N/A N/A Heartland Bank and Trust Company Total Capital (to Risk Weighted Assets) $ 586,604 14.92 % $ 314,496 8.00 % $ 393,119 10.00 % Tier 1 Capital (to Risk Weighted Assets) 550,808 14.01 235,872 6.00 314,496 8.00 Common Equity Tier 1 Capital (to Risk Weighted Assets) 550,808 14.01 176,904 4.50 255,528 6.50 Tier 1 Capital (to Average Assets) 550,808 10.96 201,063 4.00 251,329 5.00

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION The Company’s operations consist of one reportable segment. The President and Chief Executive Officer is the designated chief operating decision maker. The chief operating decision maker uses consolidated financial information for purposes of allocating resources and assessing performance. The chief operating decision maker uses consolidated net income to benchmark the Company against its competitors. The benchmarking analysis coupled with monitoring of budget to actual results are used to assess performance and in establishing compensation. Interest income from loans and investments as well as noninterest income from deposit customer activity, wealth management activities, and mortgage servicing generate the significant revenues. Interest expense, provisions for credit losses, and noninterest expenses such as compensation, occupancy, and data processing costs constitute the significant expenses. Significant revenues and expenses regularly provided to the chief operating decision maker are detailed in the consolidated statements of income.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 - Quoted prices (unadjusted) for identical assets or liabilities in active markets that the Company has the ability to access as of the measurement date. Level 2 - Significant observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 - Significant unobservable inputs that reflect a Company’s own assumptions about the assumptions that market participants would use in pricing as asset or liability. The Company uses fair value to measure certain assets and liabilities on a recurring basis, such as investment securities, mortgage servicing rights, and derivatives. For assets measured at the lower of cost or fair value, the fair value measurement criteria may or may not be met during a reporting period, and such measurements are therefore considered "nonrecurring" for purposes of disclosing the Company's fair value measurements. Fair value is used on a nonrecurring basis to adjust carrying values for loans held for sale, collateral-dependent loans, bank premises held for sale, and foreclosed assets. Recurring Basis The following is a description of the methods and significant assumptions used to measure the fair value of assets and liabilities on a recurring basis. Investment Securities When available, the Company uses quoted market prices to determine the fair value of securities; such items are classified in Level 1 of the fair value hierarchy. For the Company’s securities where quoted prices are not available for identical securities in an active market, the Company determines fair value utilizing vendors who apply matrix pricing for similar bonds where no price is observable or may compile prices from various sources. These models are primarily industry-standard models that consider various assumptions, including time value, yield curve, volatility factors, prepayment speeds, default rates, loss severity, current market and contractual prices for the underlying financial instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace. Fair values from these models are verified, where possible, against quoted market prices for recent trading activity of assets with similar characteristics to the security being valued. Such methods are generally classified as Level 2; however, when prices from independent sources vary, cannot be obtained or cannot be corroborated, a security is generally classified as Level 3. The change in fair value of debt securities available-for-sale is recorded through an adjustment to the consolidated statement of comprehensive income. The change in fair value of equity securities with readily determinable fair values is recorded through an adjustment to the consolidated statement of income. Mortgage Servicing Rights The Company has elected to record its mortgage servicing rights at fair value. Mortgage servicing rights do not trade in an active market with readily observable prices. Accordingly, the Company determines the fair value of mortgage servicing rights by estimating the fair value of the future cash flows associated with the mortgage loans being serviced as calculated by an independent third party. Key economic assumptions used in measuring the fair value of mortgage servicing rights include, but are not limited to, prepayment speeds and discount rates. Due to the nature of the valuation inputs, mortgage servicing rights are classified as Level 3. The change in fair value is recorded through an adjustment to the consolidated statement of income. Derivative Financial Instruments Derivative financial instruments are carried at fair value as determined by dealer valuation models. Based on the inputs used, the derivative financial instruments subjected to recurring fair value adjustments are classified as Level 2. For derivative financial instruments designated as hedging instruments, the change in fair value is recorded through an adjustment to the consolidated statement of comprehensive income. For derivative financial instruments not designated as hedging instruments, the change in fair value is recorded through an adjustment to the consolidated statement of income. The following tables summarize assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 and 2023 by level within the fair value hierarchy: December 31, 2024 (dollars in thousands) Level 1 Level 2 Level 3 Total Debt securities available-for-sale: U.S. Treasury $ — $ 111,145 $ — $ 111,145 U.S. government agency — 53,198 — 53,198 Municipal — 130,679 — 130,679 Mortgage-backed: Agency residential — 227,368 — 227,368 Agency commercial — 116,681 — 116,681 Corporate — 58,978 — 58,978 Equity securities with readily determinable fair values 3,315 — — 3,315 Mortgage servicing rights — — 18,827 18,827 Derivative financial assets — 5,553 — 5,553 Derivative financial liabilities — 5,525 — 5,525 December 31, 2023 (dollars in thousands) Level 1 Level 2 Level 3 Total Debt securities available-for-sale: U.S. Treasury $ 148,622 $ — $ — $ 148,622 U.S. government agency — 52,097 — 52,097 Municipal — 205,557 — 205,557 Mortgage-backed: Agency residential — 173,984 — 173,984 Agency commercial — 127,012 — 127,012 Corporate — 52,189 — 52,189 Equity securities with readily determinable fair values 3,360 — — 3,360 Mortgage servicing rights — — 19,001 19,001 Derivative financial assets — 6,549 — 6,549 Derivative financial liabilities — 6,227 — 6,227 The following tables present additional information about the unobservable inputs used in the fair value measurement of the mortgage servicing rights (dollars in thousands): December 31, 2024 Fair Value Valuation Technique Unobservable Inputs Range Mortgage servicing rights $ 18,827 Discounted cash flows Constant pre-payment rates (CPR) 0.8% to 94.3% (7.6%) Discount rate 9.0% to 96.4% (10.4%) December 31, 2023 Fair Value Valuation Technique Unobservable Inputs Range Mortgage servicing rights $ 19,001 Discounted cash flows Constant pre-payment rates (CPR) 6.2% to 49.4% (8.4%) Discount rate 9.0% to 37.3% (9.6%) Nonrecurring Basis The following is a description of the methods and significant assumptions used to measure the fair value of assets and liabilities on a nonrecurring basis. Loans Held for Sale Mortgage loans originated and held for sale are carried at the lower of cost or estimated fair value. The Company obtains quotes or bids on these loans directly from purchasing financial institutions. Typically, these quotes include a premium on the sale and thus these quotes generally indicate fair value of the held for sale loans is greater than cost. Loans held for sale have been classified as Level 2. Collateral-Dependent Loans Periodically, a collateral-dependent loan is evaluated individually and is reported at the fair value of the underlying collateral, less estimated costs to sell, if repayment is expected solely from the collateral. If the collateral value is not sufficient, a specific reserve is recorded. Collateral values are estimated using recent appraisals and customized discounting criteria. Due to the significance of unobservable inputs, fair values of collateral-dependent loans have been classified as Level 3. Bank Premises Held for Sale Bank premises held for sale are recorded at the lower of cost or fair value, less estimated selling costs, at the date classified as held for sale. Values are estimated using recent appraisals and customized discounting criteria. Due to the significance of unobservable inputs, fair values of collateral-dependent loans have been classified as Level 3. Foreclosed Assets Foreclosed assets are recorded at fair value based on property appraisals, less estimated selling costs, at the date of the transfer. Subsequent to the transfer, foreclosed assets are carried at the lower of cost or fair value, less estimated selling costs. Values are estimated using recent appraisals and customized discounting criteria. Due to the significance of unobservable inputs, fair values of collateral-dependent loans have been classified as Level 3. The following tables summarize assets measured at fair value on a nonrecurring basis as of December 31, 2024 and 2023 by level within the fair value hierarchy: December 31, 2024 (dollars in thousands) Level 1 Level 2 Level 3 Total Loans held for sale $ — $ 1,586 $ — $ 1,586 Collateral-dependent loans — — 27,717 27,717 Bank premises held for sale — — 317 317 Foreclosed assets — — 367 367 December 31, 2023 (dollars in thousands) Level 1 Level 2 Level 3 Total Loans held for sale $ — $ 2,318 $ — $ 2,318 Collateral-dependent loans — — 32,685 32,685 Foreclosed assets — — 852 852 The following tables present quantitative information about unobservable inputs used in nonrecurring Level 3 fair value measurements (dollars in thousands): December 31, 2024 Fair Value Valuation Unobservable Inputs Range Collateral-dependent loans $ 27,717 Appraisal of collateral Appraisal adjustments Not meaningful Bank premises held for sale 317 Appraisal Appraisal adjustments 7% (7%) Foreclosed assets 367 Appraisal Appraisal adjustments 7% (7%) December 31, 2023 Fair Value Valuation Technique Unobservable Inputs Range (Weighted Average) Collateral-dependent loans $ 32,685 Appraisal of collateral Appraisal adjustments Not meaningful Foreclosed assets 852 Appraisal Appraisal adjustments 7% (7%) Other Fair Value Methods The following methods and assumptions were used by the Company in estimating fair value disclosures of its other financial instruments. Cash and Cash Equivalents The carrying amounts of these financial instruments approximate their fair values. Restricted Stock The carrying amount of FHLB stock approximates fair value based on the redemption provisions of the FHLB. Loans The fair value estimation process for the loan portfolio uses an exit price concept and reflects discounts the Company believes are consistent with discounts in the marketplace. Fair values are estimated for portfolios of loans with similar characteristics. Loans are segregated by type such as commercial and industrial, agricultural and farmland, commercial real estate – owner occupied, commercial real estate – non-owner occupied, multi-family, construction and land development, one-to-four family residential, and municipal, consumer, and other. The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for similar maturities. The fair value analysis also includes other assumptions to estimate fair value, intended to approximate those a market participant would use in an orderly transaction, with adjustments for discount rates, interest rates, liquidity, and credit spreads, as appropriate. Investments in Unconsolidated Subsidiaries The fair values of the Company’s investments in unconsolidated subsidiaries are presumed to approximate carrying amounts. Time and Brokered Time Deposits Fair values of certificates of deposit with stated maturities have been estimated using the present value of estimated future cash flows discounted at rates currently offered for similar instruments. Time deposits also include public funds time deposits. Securities Sold Under Agreements to Repurchase The fair values of repurchase agreements with variable interest rates are presumed to approximate their recorded carrying amounts. FHLB Advances The fair values of FHLB advances are estimated using discounted cash flow analyses based on current rates offered for borrowings with similar remaining maturities and characteristics. Subordinated Notes The fair values of subordinated notes are estimated using discounted cash flow analyses based on rates observed on recent debt issuances by other financial institutions. Junior Subordinated Debentures The fair values of subordinated debentures are estimated using discounted cash flow analyses based on rates observed on recent debt issuances by other financial institutions. Accrued Interest The carrying amounts of accrued interest approximate fair value. The following table provides summary information on the carrying amounts and estimated fair values of the Company’s other financial instruments: (dollars in thousands) Fair Value December 31, 2024 December 31, 2023 Carrying Estimated Carrying Estimated Financial assets: Cash and cash equivalents Level 1 $ 137,692 $ 137,692 $ 141,252 $ 141,252 Debt securities held-to-maturity Level 2 499,858 445,186 521,439 466,496 Restricted stock Level 3 5,086 5,086 7,160 7,160 Loans, net Level 3 3,424,102 3,418,318 3,364,369 3,349,540 Investments in unconsolidated subsidiaries Level 3 1,614 1,614 1,614 1,614 Accrued interest receivable Level 2 24,770 24,770 24,534 24,534 Financial liabilities: Time deposits Level 3 785,430 779,997 627,253 619,682 Brokered time deposits Level 3 — — 144,880 144,944 Securities sold under agreements to repurchase Level 2 28,969 28,969 42,442 42,442 FHLB advances Level 3 13,231 13,159 12,623 12,621 Subordinated notes Level 3 39,553 38,316 39,474 36,993 Junior subordinated debentures Level 3 52,849 47,942 52,789 48,529 Accrued interest payable Level 2 5,096 5,096 6,969 6,969 The Company estimated the fair value of lending related commitments as described in Note 23 to be immaterial based on limited interest rate exposure due to their variable nature, short-term commitment periods, and termination clauses provided in the agreements. Limitations Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Fair values have been estimated using data which management considered the best available and estimation methodologies deemed suitable for the pertinent category of financial instrument.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Financial Instruments The Bank is party to credit-related financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Such instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The Bank’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Such commitments and conditional obligations were as follows: Contractual Amount (dollars in thousands) December 31, 2024 December 31, 2023 Commitments to extend credit $ 845,413 $ 869,013 Standby letters of credit 18,329 23,732 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Bank evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary, by the Bank upon extension of credit is based on management’s credit evaluation of the customer. Collateral held varies, but may include real estate, accounts receivable, inventory, property, plant, and equipment, and income-producing properties. Standby letters of credit are conditional commitments issued by the Bank to guarantee the performance of a customer to a third party. Those standby letters of credit are primarily issued to support extensions of credit. The credit risk involved in issuing standby letters of credit is essentially the same as that involved in extending loans to customers. The Bank secures the standby letters of credit with the same collateral used to secure the related loan. Allowance for Credit Losses on Unfunded Lending-related Commitments The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancelable by the Company. The allowance for credit losses on unfunded commitments is included in other liabilities on the consolidated balance sheets and is adjusted through a charge to provision for credit loss expense on the consolidated statements of income. The allowance for credit losses on unfunded commitments estimate includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated life. The allowance for credit losses on unfunded commitments was $3.1 million and $3.8 million as of December 31, 2024 and 2023, respectively. Legal Contingencies In the normal course of business, the Company, or its subsidiaries, are involved in various legal proceedings. In the opinion of management, any liability resulting from pending proceedings would not be expected to have a material adverse effect on the Company's consolidated financial statements. PLB Investments LLC, John Kuehner, and A.S. Palmer Investments LLC v. Heartland Bank and Trust Company and PNC Bank N.A., In the United States District Court for the Northern District of Illinois, Case No. 1:20-cv-1023 (“Class Action”); and Melanie E. Damian, As Receiver of Today’s Growth Consultant, Inc. (dba The Income Store) v. Heartland Bank and Trust Company and PNC Bank N.A., In the United States District Court for the Northern District of Illinois, Case No. 1:20-cv-7819 (“Receiver’s Action”) The Bank was a defendant in the purported Class Action lawsuit that was filed on February 12, 2020, in the U.S. District Court for the Northern District of Illinois. The plaintiffs in the Class Action alleged that the Bank negligently enabled and facilitated a fraudulent, Ponzi-like scheme perpetrated by Today’s Growth Consultant, Inc. (dba The Income Store) (“TGC”). Additionally, the Receiver for TGC filed the Receiver’s Action on December 30, 2020, in the U.S. District Court for the Northern District of Illinois, with similar allegations. On February 20, 2023, the Bank reached an agreement in principle to settle both the Class Action and Receiver’s Action in which the Bank would make one-time cash payments totaling $13.0 million, without admitting fault, to release the Bank from further liability and claims in both the Class Action and Receiver’s Action. On August 16, 2023, definitive settlement agreements reflecting the terms of the agreement in principle were approved by the Court, and the Bank made the one-time cash payments totaling $13.0 million during the third quarter of 2023. The settlements do not include any admission of liability or wrongdoing by the Bank, and the Bank expressly denies any liability or wrongdoing with respect to any matter alleged in the Class Action and Receiver’s Action. The Bank agreed in principle to the settlements to avoid the cost, risks and distraction of continued litigation. The Company believes the settlements are in the best interests of the Company and its shareholders. Accordingly, the Bank had $13.0 million accrued related to these matters as of December 31, 2022. The Bank’s insurer reimbursed $7.4 million of the settlement payment which was recorded as an insurance recovery receivable as of December 31, 2022. The net settlement amount of $5.6 million was included in other noninterest expense in the consolidated statements of income during the fourth quarter of 2022. DeBaere, et al v. Heartland Bank and Trust Company The Bank was a defendant in a purported class action lawsuit filed in June 2020, in the Circuit Court of Cook County, Illinois. The plaintiff, a customer of the Bank, alleges that the Bank breached its contract with the plaintiff by (1) charging multiple insufficient funds fees or overdraft fees on a single customer-initiated transaction, and (2) charging overdraft fees for transactions that were authorized on a positive account balance, but when settled, settled into a negative balance. Miller, et al v. State Bank of Lincoln and Heartland Bank and Trust Company The Bank was a defendant in a purported class action lawsuit filed in May 2020, in the Circuit Court of Logan County, Illinois. The plaintiff, a customer of State Bank of Lincoln, which previously merged with the Bank, alleges that the Bank breached its contract with the plaintiff by charging multiple insufficient funds fees or overdraft fees on a single customer-initiated transaction. On May 15, 2023, the Bank reached an agreement in principle to settle both the DeBaere, et al and Miller, et al cases in which the Bank would make one-time cash payments totaling $3.4 million, without admitting fault, to release the Bank from further liability and claims in both the cases. Definitive settlement agreements reflecting the terms of the agreement in principle were approved by the Court on December 15, 2023 in the DeBaere, et al case and on February 16, 2024 in the Miller, et al case. The Bank made the one-time cash payments totaling $3.4 million during the fourth quarter of 2023. The settlements do not include any admission of liability or wrongdoing by the Bank, and the Bank expressly denies any liability or wrongdoing with respect to any matter alleged in the Class Action and Receiver’s Action. The Bank agreed to the settlements to avoid the cost, risks and distraction of continued litigation. The Company believes the settlements are in the best interests of the Company and its shareholders. An initial $2.6 million accrual was recognized in other noninterest expense during the fourth quarter of 2022, reflecting management’s best estimate at that time, and an additional $0.8 million accrual was recognized in other noninterest expense during the second quarter of 2023, following the agreement in principle to settle both the DeBaere, et al and Miller, et al cases. John Pickett v. Town and Country Bank The Bank is a defendant in a purported class action lawsuit filed in October 2023, in the Circuit Court of Sangamon County, Illinois. The plaintiff, a customer of Town and Country Bank, which previously merged with the Bank, alleges that the Bank breached its contract with the plaintiff by charging overdraft fees for transactions that were authorized on a positive account balance, but when settled, settled into a negative balance. On March 29, 2024, the Bank reached an agreement in principle to settle this case in which the Bank would make a one-time cash payment of $0.3 million, without admitting fault, to release the Bank from further liability and claims in the case. A definitive settlement agreement reflecting the terms of the agreement in principle was approved by the Court on July 9, 2024. The Bank made the one-time cash payment of $0.3 million during the third quarter of 2024. The settlement does not include any admission of liability or wrongdoing by the Bank, and the Bank expressly denies any liability or wrongdoing with respect to any matter alleged in the case. The Bank has agreed to the settlement to avoid the cost, risks, and distraction of continued litigation. The Company believes the settlement is in the best interests of the Company and its shareholders. An initial accrual of $0.2 million was recorded during the fourth quarter of 2023, reflecting management's best estimate at that time, and an additional $0.1 million accrual was recorded during the first quarter of 2024. As of December 31, 2023, the Company had $0.2 million accrued related to this matter. Heartland Bank and Trust Company v. Meadows Mennonite Retirement Community Association, Inc. This lawsuit arises out of a suit filed in the Circuit Court of Woodford County, Illinois, (the "Trial Court") by the Bank for breach of a note and commercial security agreement. The defendant, Meadows Mennonite Retirement Community Association, Inc. ("Meadows"), a beneficiary of a trust for which Bank was trustee, filed a counterclaim for rescission of the note seeking compensatory and punitive damages, including attorneys’ fees. In September 2024, the Appellate Court of Illinois Fourth District (the "Appellate Court") entered an order directing that summary judgment should be entered in favor of Meadows and against the Bank, rescinding the note and commercial security agreement. The Appellate Court remanded the case to the Trial Court which will now determine Meadows' compensatory and punitive damages, including reasonable attorneys’ fees. The Bank intends to vigorously defend the lawsuit. However, the Company believes an unfavorable outcome is reasonably possible at this time, as that term is used in assessing loss contingencies. The Company is unable to predict when the matter will be resolved or potential costs or damages to be incurred.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Loans As of December 31, 2024 and 2023, loans to directors, executive officers, principal shareholders and their affiliated entities (“related parties”) totaled $0.5 million and $1.1 million, respectively. These loans were made in the ordinary course of business on substantially the same terms, including interest rates and collateral, as those prevailing for comparable loans with persons not related to us. Deposits As of December 31, 2024 and 2023, deposits of related parties totaled $4.8 million and $4.0 million, respectively.

CONDENSED PARENT COMPANY ONLY F

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]
CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS	CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS Following are the condensed parent company only financial statements of HBT Financial. Condensed Parent Company Only Balance Sheets (dollars in thousands) December 31, 2024 December 31, 2023 ASSETS Cash and cash equivalents $ 16,179 $ 17,214 Investment in subsidiaries: Bank 618,914 563,513 Non-bank 1,614 1,614 Other assets 1,929 2,347 Total assets $ 638,636 $ 584,688 LIABILITIES Subordinated notes $ 39,553 $ 39,474 Junior subordinated debentures 52,849 52,789 Other liabilities 1,629 2,929 Total liabilities 94,031 95,192 STOCKHOLDERS' EQUITY 544,605 489,496 Total liabilities and stockholders' equity $ 638,636 $ 584,688 Condensed Parent Company Only Statements of Income Year ended December 31, (dollars in thousands) 2024 2023 2022 INCOME Dividends received from bank subsidiary $ 34,000 $ 64,000 $ 28,000 Undistributed earnings from bank subsidiary 44,684 9,199 35,044 Other income 183 870 51 Total income 78,867 74,069 63,095 EXPENSES Interest expense 5,729 5,409 3,666 Other expense 4,106 5,517 5,292 Total expenses 9,835 10,926 8,958 INCOME BEFORE INCOME TAX BENEFIT 69,032 63,143 54,137 TAX BENEFIT (2,748) (2,699) (2,319) NET INCOME $ 71,780 $ 65,842 $ 56,456 Consolidated Parent Company Only Statements of Cash Flow Year ended December 31, (dollars in thousands) 2024 2023 2022 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 71,780 $ 65,842 $ 56,456 Adjustments to reconcile net income to net cash provided by operating activities: Undistributed earnings of consolidated subsidiaries (44,684) (9,199) (35,044) Stock-based compensation 1,752 1,953 1,949 Amortization of discount and issuance costs on subordinated notes and debentures 139 139 145 Net gain on sale of foreclosed assets — (563) — Changes in other assets and liabilities, net (1,105) 360 769 Net cash provided by operating activities 27,882 58,532 24,275 CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from sales of equity securities 20 — — Purchase of foreclosed assets from Heartland Bank — — (2,325) Proceeds from sale of foreclosed assets — 2,888 — Net cash paid for acquisition of Town and Country — (37,523) — Net cash provided by (used in) investing activities 20 (34,635) (2,325) CASH FLOWS FROM FINANCING ACTIVITIES Taxes paid related to the vesting of restricted stock units (331) (181) (57) Repurchase of common stock (4,423) (8,907) (4,783) Cash dividends and dividend equivalents paid (24,183) (21,873) (18,584) Net cash used in financing activities (28,937) (30,961) (23,424) NET DECREASE IN CASH AND EQUIVALENTS (1,035) (7,064) (1,474) CASH AND CASH EQUIVALENTS Beginning of year 17,214 24,278 25,752 End of year $ 16,179 $ 17,214 $ 24,278

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
NET INCOME	$ 71,780	$ 65,842	$ 56,456

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	We rely extensively on various information systems and other electronic resources to operate our business. In addition, nearly all of our customers, service providers and other business partners on whom we depend, including the providers of our online banking, mobile banking and accounting systems, use these systems and their own electronic information systems. Any of these systems can be compromised, including through the employees, customers and other individuals who are authorized to use them, and bad actors use a sophisticated and constantly evolving set of software, tools and strategies to do so. Moreover, the nature of our business, as a financial services provider, and our relative size, make us and our business partners high-value targets for these bad actors to pursue. Accordingly, we have long devoted significant resources to assessing, identifying and managing risks associated with cybersecurity threats, including: • internal resources who are responsible for conducting regular assessments of our information systems, existing controls, vulnerabilities and potential improvements; • continuous monitoring tools that can detect, alert on, respond to, and help mitigate cybersecurity threats in real-time; • performing due diligence with respect to our third-party service providers, including their cybersecurity practices, and requiring contractual commitments from our service providers to take certain cybersecurity measures; • third-party cybersecurity consultants, who conduct periodic penetration testing, vulnerability assessments, and other procedures which identify potential weaknesses in our systems and help validate and improve internal processes and tooling; and • periodic cybersecurity training for our workforce. This information security program is a key part of our overall risk management system, which is administered by our Chief Risk Officer. The program includes administrative, technical and physical safeguards to help ensure the security and confidentiality of customer records and information. These security and privacy policies and procedures are in effect across all of our lines of business and geographic locations. From time-to-time, we have identified cybersecurity threats that require us to make changes to our processes and to implement additional safeguards. While none of these identified threats or incidents have materially affected us, it is possible that threats and incidents we identify in the future could have a material adverse effect on our business strategy, results of operations and financial condition. We continue to evolve our controls to mitigate these threats as effectively as we can reasonably foresee them occurring.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	We rely extensively on various information systems and other electronic resources to operate our business. In addition, nearly all of our customers, service providers and other business partners on whom we depend, including the providers of our online banking, mobile banking and accounting systems, use these systems and their own electronic information systems. Any of these systems can be compromised, including through the employees, customers and other individuals who are authorized to use them, and bad actors use a sophisticated and constantly evolving set of software, tools and strategies to do so. Moreover, the nature of our business, as a financial services provider, and our relative size, make us and our business partners high-value targets for these bad actors to pursue.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	In addition, our board of directors is responsible for the oversight of risk management. In that role, our board of directors, with support from the Company’s cybersecurity advisors, are responsible for ensuring that the risk management processes designed and implemented by management are adequate and functioning as designed. To carry out those duties, our board of directors receive reports from our management team regarding cybersecurity risks, and the Company’s efforts to prevent, detect, mitigate and remediate any cybersecurity incidents. These reports are delivered at least quarterly, with additional information and trainings provided at least twice per year.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our management team is responsible for the day-to-day management of risks we face, including our Chief Information Officer. Our current Chief Information Officer has over 20 years of technology experience, including 16 years in Banking.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our management team is responsible for the day-to-day management of risks we face, including our Chief Information Officer. Our current Chief Information Officer has over 20 years of technology experience, including 16 years in Banking.
Cybersecurity Risk Role of Management [Text Block]	Our management team is responsible for the day-to-day management of risks we face, including our Chief Information Officer. Our current Chief Information Officer has over 20 years of technology experience, including 16 years in Banking. In addition, our board of directors is responsible for the oversight of risk management. In that role, our board of directors, with support from the Company’s cybersecurity advisors, are responsible for ensuring that the risk management processes designed and implemented by management are adequate and functioning as designed. To carry out those duties, our board of directors receive reports from our management team regarding cybersecurity risks, and the Company’s efforts to prevent, detect, mitigate and remediate any cybersecurity incidents. These reports are delivered at least quarterly, with additional information and trainings provided at least twice per year.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	Our management team is responsible for the day-to-day management of risks we face, including our Chief Information Officer. Our current Chief Information Officer has over 20 years of technology experience, including 16 years in Banking.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	over 20 years of technology experience, including 16 years in Banking.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	Our management team is responsible for the day-to-day management of risks we face, including our Chief Information Officer. Our current Chief Information Officer has over 20 years of technology experience, including 16 years in Banking.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Consolidation The consolidated financial statements of HBT Financial include the accounts of the Company and its wholly owned bank subsidiary, Heartland Bank. Heartland Bank maintains a limited liability company that holds specific assets for risk mitigation purposes and is consolidated into HBT Financial's consolidated financial statements. The Company also has eight wholly owned subsidiaries, Heartland Bancorp, Inc. Capital Trust B; Heartland Bancorp, Inc. Capital Trust C; Heartland Bancorp, Inc. Capital Trust D; FFBI Capital Trust I; National Bancorp Statutory Trust I; Town and Country Statutory Trust II; Town and Country Statutory Trust III; and West Plains Investors Statutory Trust I, which, in accordance with GAAP, are not consolidated as more fully described in Note 13. Significant intercompany transactions and accounts have been eliminated in consolidation.
Use of Estimates	Use of Estimates The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and the reported results of operations for the periods then ended. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant changes in the near term relate to the determination of the allowance for credit losses.
Business and Significant Concentrations of Credit Risk	Business and Significant Concentrations of Credit Risk The Company provides several types of loans to consumers, businesses, and municipal entities, primarily located in its customer service area. Real estate and commercial loans are principal areas of concentration. The Company also strives to meet the borrowing needs of the consumers in its market areas. Extension of credit is generally limited to the primary trade areas of the Company. Primary deposit products of the Bank are noninterest-bearing and interest-bearing demand accounts, savings accounts, money market accounts, and term certificates of deposit.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of reporting consolidated cash flows, cash and cash equivalents include cash on hand and amounts due from banks, all of which have an original maturity within 90 days or less. Cash flows from loans and deposits are reported net.
Interest-Bearing Time Deposits with Banks	Interest-Bearing Time Deposits with Banks
Debt Securities	Debt Securities Debt securities are classified as held-to-maturity when the Company has the positive intent and ability to hold the securities to maturity and are carried at amortized cost. Debt securities not classified as held-to-maturity are classified as available-for-sale. Debt securities available-for-sale are carried at fair value with unrealized gains and losses reported in accumulated other comprehensive income (loss). Realized gains and losses on debt securities available-for-sale are included in noninterest income when applicable and reported as a reclassification adjustment in other comprehensive income (loss). Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Interest income includes amortization of purchase premium or discount. Premiums and discounts on debt securities are amortized on the level-yield method without anticipating prepayments, except for mortgage backed securities where prepayments are anticipated. Premiums on callable debt securities are amortized to their earliest call date. Any transfers of debt securities into the held-to-maturity category from the available-for-sale category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer is retained in accumulated other comprehensive income (loss) and in the carrying value of the held-to-maturity securities. Such amounts are amortized over the period to maturity. Allowance for Credit Losses – Debt Securities Available-for-Sale For debt securities available-for-sale in an unrealized loss position, the Company first assesses whether it intends to sell, or if it is more likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security amortized cost basis is written down to fair value through earnings. For debt securities available-for-sale that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income (loss). Changes in the allowance for credit losses are recorded as provision for credit losses. Losses are charged against the allowance for credit losses when management believes the uncollectibility of a security is confirmed or when either the criteria regarding intent or requirement to sell is met. Allowance for Credit Losses – Debt Securities Held-to-Maturity For debt securities held-to-maturity, the Company measures expected credit losses on a collective basis by major security type. Held-to-maturity securities are evaluated using historical probability of default and loss given default information specific to the investment category. If this evaluation determines that credit losses exist, an allowance for credit loss is recorded and included in earnings as a component of provision for credit losses. The Company's U.S. government agency and agency mortgage-backed securities are explicitly or implicitly guaranteed by the U.S. government, and as such are excluded from the credit loss evaluation as the expectation of non-payment is zero.
Equity Securities	Equity Securities Equity securities with readily determinable fair values are measured at fair value with changes in fair value recognized in unrealized gains (losses) on equity securities on the statements of income. The Company has elected to measure its equity securities with no readily determinable fair values at their cost minus impairment, if any, plus or minus charges resulting from observable price changes in orderly transactions for the identical or a similar investment of the same issuer.
Restricted Stock	Restricted Stock Restricted stock, which consists of Federal Home Loan Bank of Chicago (“FHLB”) stock, is carried at cost and evaluated for impairment.
Loan Held for Sale	Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or fair value. The Company obtains quotes or bids on these loans directly from purchasing financial institutions. Typically, these quotes include a premium on sale and thus quotes typically indicate fair value of the held for sale loans is greater than cost. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Mortgage loans held for sale are generally sold with the mortgage servicing rights retained by the Company. The carrying value of mortgage loans sold is reduced by fair value allocated to the associated mortgage servicing rights. Gains or losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying value of the related mortgage loans sold.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at amortized cost net of the allowance for credit losses. Amortized cost is the unpaid principal balance outstanding, adjusted for charge-offs, net of purchase premiums and discounts, and deferred loan fees and costs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, as well as premiums and discounts, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The accrual of interest on loans is discontinued at the time the loan is 90 days past due, unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income if it was accrued during the current year and charged-off against the allowance for credit losses if accrued in a prior year. Amortization of related deferred loan fees or costs and any purchase premium or discount is also suspended at this time. The interest on these loans is accounted for on the cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current, future payments are reasonably assured, and the borrower must generally demonstrate at least 6 months of payment performance. Purchased Credit Deteriorated Loans Purchased credit deteriorated loans (“PCD loans”) are purchased loans, that, as of the date of acquisition, have experienced a more-than-insignificant deterioration in credit quality since origination, as determined by the Company’s assessment. An allowance for credit losses is determined using the same methodology as other loans held for investment. The initial allowance for credit losses determined on a collective basis is allocated to individual loans. The sum of a loan's purchase price and allowance for credit losses becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the unpaid principal balance of a loan is a non-credit discount or premium which is amortized into interest income over the life of the loan. Non-Purchased Credit Deteriorated Loans Non-purchased credit deteriorated loans (“non-PCD loans”) are purchased loans, that, as of the date of acquisition, have not experienced a more-than-insignificant deterioration in credit quality since origination, as determined by the Company’s assessment. The loan’s purchase price becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the unpaid principal balance of the loan is a discount or premium, which is comprised of a credit and non-credit component, and is accreted or amortized into interest income over the life of the loan. An allowance for credit losses is determined using the same methodology as other loans held for investment, but no "Day One" allowance for credit losses is established on the date of acquisition. Instead, a subsequent "Day Two" allowance for credit losses for non-PCD loans is recorded through the provision for credit losses, which reflects the estimated lifetime credit losses. Allowance for Credit Losses – Loans The allowance for credit losses for loans is a valuation account that is deducted from the loans' amortized cost basis to present the net amount expected to be collected on the loans. The Company’s estimate of the allowance for credit losses for loans reflects losses expected over the remaining contractual life of the loans, considering past events, current conditions, and reasonable and supportable forecasts of future economic conditions. Loans are charged off against the allowance for credit losses when management believes the uncollectibility of a loan balance is confirmed. Recoveries are recognized up to the aggregate amount of previously charged-off balances. The allowance for credit losses is established through provision for credit loss expense charged to income. The allowance for credit losses is measured on a collective (pooled) basis when similar risk characteristics exist. The Company has identified the following portfolio segments: Commercial and Industrial : Consists of loans typically granted for working capital, asset acquisition and other business purposes. These loans are underwritten primarily based on the borrower’s cash flow with most loans secondarily supported by collateral. Most commercial and industrial loans are secured by the assets being financed or other business assets, such as accounts receivable, inventory, and equipment, and are typically supported by personal guarantees of the owners. Cash flows and collateral values may fluctuate based on general economic conditions, specific industry conditions and specific borrower circumstances. Commercial Real Estate - Owner Occupied : Consists of loans secured by commercial real estate that is both owned and occupied by the same or a related borrower. These loans are primarily underwritten based on the cash flow of the business occupying the property. As with commercial and industrial loans, cash flows and collateral values may fluctuate based on general economic conditions, specific industry conditions, and specific borrower circumstances. Commercial Real Estate - Non-owner Occupied : Consists of loans secured by commercial real estate for which the primary source of repayment is the sale or rental cash flows from the underlying collateral. These loans are underwritten based primarily on the historic or projected cash flow from the underlying collateral. Adverse economic developments, or an overbuilt market, typically impact commercial real estate projects. Trends in rental and vacancy rates of commercial properties may impact the credit quality of these loans. Construction and Land Development : Consists of loans for speculative and pre-sold construction projects for developers intending to either sell upon completion or hold for long-term investment, as well as construction of projects to be owner occupied. In addition, loans in this segment generally possess a higher inherent risk of loss than other portfolio segments due to risk of non-completion, changes in budgeted costs, and changes in market forces during the term of the construction period. Multi-family : Consists of loans secured by five or more unit apartment buildings. Multi-family loans may be affected by demographic and population trends, unemployment or underemployment, and deteriorating market values of real estate. One-to-four Family Residential : Consists of loans secured by one-to-four family residences, including both first and junior lien mortgage loans for owner occupied and non-owner occupied properties and home equity lines of credit. The degree of risk in residential mortgage lending depends on the local economy, including the local real estate market and unemployment rates. Agricultural and Farmland : Consists of loans typically secured by farmland, agricultural operating assets, or a combination of both, and are generally underwritten to existing cash flows of operating agricultural businesses. Debt repayment is provided by business cash flows. The credit quality of these loans is significantly influenced by changes in prices of corn and soybeans and, to a lesser extent, weather, which has been partially mitigated by federal crop insurance programs. Municipal, Consumer and Other : Loans to municipalities include obligations of municipal entities and loans sponsored by municipal entities for the benefit of a private entity where that private entity, rather than the municipal entity, is responsible for repayment of the obligation. Consumer loans include loans to individuals for consumer purposes and typically consist of small balance loans. Economic trends determined by unemployment rates and other key economic indicators are closely correlated to the credit quality of the consumer loans. Loans to non-depository financial institutions, as well as leases, are also included. The Company uses the discounted cash flow method to estimate expected credit losses for all loan segments, except for consumer loans. Under this method, cash flow projections at the instrument-level are adjusted for estimated prepayments, probability of default, loss given default, and time to recovery. These cash flow projections are discounted at the instrument-level effective yield to calculate the present value of expected cash flows. An allowance for credit losses is established for the difference between a pool's total amortized cost basis and present value of expected cash flows. The Company uses the weighted average remaining maturity method to estimate expected credit losses for consumer loans. Under this method, an expected loss rate is applied to an estimate of future outstanding balance balances of the pool. The Company uses regression analysis of historical internal and peer data to determine which variables are best suited to be economic variables utilized when modeling lifetime probability of default in the discounted cash flow models and loss rates in the weighted average remaining maturity model. The analysis also determines how expected probability of default and loss rates will react to forecasted levels of the economic variables. In addition, qualitative adjustments are made for risk factors that are not considered within our modeling processes but are nonetheless relevant in assessing the expected credit losses within our loan pools. Management estimates the allowance for credit losses on loans using relevant available information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. As historical credit loss experience provides the basis for the estimation of expected credit losses for pooled loans, adjustments may be necessary to capture differences in current loan-specific risk characteristics such as differences in underwriting standards, portfolio mix, delinquency level, or term as well as for changes in environmental conditions. Loans that do not share risk characteristics are evaluated on an individual basis. Loan evaluated individually are not also included in the pooled evaluation. When management determines that foreclosure is probable, or when the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for anticipated selling costs as appropriate. Although management believes the allowance for credit losses to be adequate, ultimate losses may vary from its estimates. At least quarterly, the Allowance for Credit Losses Committee reviews the adequacy of the allowance, including consideration of the relevant risks in the portfolio, current economic conditions and other factors. In addition, the Company’s regulators review the adequacy of the allowance for credit losses and may require additions to the allowance for credit losses based on their judgment about information available at the time of their examinations.
Unfunded Lending-related Commitments and Allowance for Credit Losses - Unfunded Lending-related Commitments	Unfunded Lending-related Commitments In the ordinary course of business, the Company has entered into commitments to extend credit, such as lines of credit, commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded. Allowance for Credit Losses – Unfunded Lending-related Commitments The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. The allowance for credit losses on unfunded lending-related commitments is adjusted through provision for credit losses. The estimate includes consideration of the likelihood that funding will occur and an estimate of expected credited losses on commitments expected to be funded over its estimated life.
Loan Servicing	Loan Servicing The Company periodically sells mortgage loans on the secondary market with servicing retained. For sales of mortgage loans, a portion of the cost of originating the loan is allocated to the servicing right based on fair value. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds, and default rates and losses. Mortgage servicing rights are carried at fair value on the consolidated balance sheets and changes in fair value are recorded in mortgage servicing rights fair value adjustment on the consolidated statements of income.
Bank Owned Life Insurance	Bank Owned Life Insurance Bank owned life insurance represents life insurance policies on the lives of certain current and former employees and directors for which the Company is the sole owner and beneficiary. These policies are recorded as an asset in the consolidated balance sheets at their cash surrender value ("CSV") or the current amount that could be realized if settled. The change in CSV and insurance proceeds received are included as a component of noninterest income in the consolidated statements of income.
Bank Premises and Equipment	Bank Premises and Equipment Land is carried at cost. Bank premises and equipment are carried at cost less accumulated depreciation. Depreciation is computed over the estimated useful lives of the individual assets using the straight-line method.
Bank Premises Held for Sale	Bank Premises Held for Sale Bank premises held for sale is carried at the lower of cost or fair value less estimated costs to sell. Bank premises classified as held for sale are not depreciated.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of carrying amount or fair value less estimated costs to sell.
Lease Obligations	Lease Obligations The Company leases certain bank premises under non-cancelable operating leases in the normal course of business operations. These lease obligations result in the recognition of right-of-use assets and associated lease contract liabilities. The amount of right-of-use assets and associated lease contract liabilities recorded is based on the present value of future minimum lease payments. The discount rate used is equal to the rate implicit in the lease, when readily determinable, or the Company’s incremental borrowing rate at lease inception, on a collateralized basis over a similar term. Right-of-use assets are included in other assets and lease contract liabilities are included in other liabilities in the consolidated balance sheets and were insignificant as of December 31, 2024 and 2023.
Foreclosed Asset	Foreclosed Assets When it appears likely that we will obtain title to real estate collateral, we develop an exit strategy by assessing overall market conditions, the current use and condition of the asset, and its highest and best use. If determined necessary to maximize value, we complete the necessary improvements or tenant stabilization tasks, with the applicable time value discount and improvement expenses incorporated into our estimates of the expected costs to sell. Substantially all foreclosed real estate is valued on an "as-is" basis. Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less anticipated selling costs at the date of foreclosure, establishing a new cost basis. For foreclosed real estate, selling costs are generally estimated to be 7.0% of the fair value. This estimate includes sales commissions and closing costs. Any write-down based on the fair value of the asset at the date of acquisition is charged to the allowance for credit losses. If the fair value of the asset less estimated cost to sell exceeds the recorded investment in the loan at the date of foreclosure, the increase in value is charged to current year operations unless there has been a prior charge-off, in which case a recovery to the allowance for credit losses is recorded. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less estimated cost to sell. Write-downs of foreclosed assets subsequent to foreclosure are charged to current year operations as are gains and losses from sale of foreclosed assets. Costs to maintain and hold foreclosed assets are expensed.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill represents the excess of the original cost over the fair value of assets acquired and liabilities assumed. Goodwill is not amortized but instead is subject to an annual impairment evaluation. The Company has selected December 31 as the date to perform the annual impairment test. At December 31, 2024 and 2023, the Company’s evaluations of goodwill indicated that goodwill was not impaired. Other identifiable intangible assets consist of core deposit intangible and customer relationship intangible assets with definite useful lives which are being amortized over 10 years. The Company will periodically review the status of core deposit intangible and customer relationship intangible assets for any events or circumstances which may change the recoverability of the underlying basis.
Wealth Management Assets and Fees	Wealth Management Assets and Fees Assets of the wealth management department of the Bank are not included in the consolidated balance sheets as such assets are not assets of the Company or the Bank. Fee income generated from wealth management services is recorded in the consolidated statements of income as a source of noninterest income.
Employee Benefit Plans and Stock Based Compensation	Employee Benefit Plans The Company sponsors a profit sharing plan under which the Company may contribute, at the discretion of the Board of Directors, a discretionary amount to all participating employees for the plan year. The Company may also make discretionary matching contributions in an amount up to 5% of compensation contributed by employees. Stock Based Compensation The Company recognizes compensation cost over the requisite service period, if any, which is generally defined as the vesting period. For awards classified as equity, compensation cost is based on the fair value of the awards on the grant date. For awards classified as liabilities, compensation cost also includes subsequent remeasurements of the fair value of the awards until the award is settled. The Company’s policy is to recognize forfeitures as they occur.
Transfers of Financial Assets and Participating Interests	Transfers of Financial Assets and Participating Interests Transfers of an entire financial asset or a participating interest in an entire financial asset are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. The transfer of a participating interest in an entire financial asset must also meet the definition of a participating interest. A participating interest in a financial asset has all of the following characteristics: (1) from the date of transfer, it must represent a proportionate (pro rata) ownership interest in the financial asset, (2) from the date of transfer, all cash flows received, except any cash flows allocated as any compensation for servicing or other services performed, must be divided proportionately among participating interest holders in the amount equal to their share ownership, (3) the rights of each participating interest holder must have the same priority, and (4) no party has the right to pledge or exchange the entire financial asset unless all participating interest holders agree to do so.
Advertising Costs	Advertising Costs Advertising costs are expensed as incurred.
Income Taxes	Income Taxes Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities. Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized. With regard to uncertain tax matters, the Company recognizes in the consolidated financial statements the impact of a tax position taken, or expected to be taken, if it is more likely than not that the position will be sustained on audit based on the technical merit of the position. Management has analyzed the tax positions taken by the Company and concluded as of December 31, 2024 and 2023, there are no material uncertain tax positions taken or expected to be taken that require recognition of a liability or disclosure in the consolidated financial statements. When applicable, the Company recognizes interest accrued related to unrecognized tax benefits and penalties in operating expenses.
Low Income Housing Tax Credits	Low Income Housing Tax Credits The Company holds an ownership interest in a limited liability company, as a limited partner, that invests in affordable housing projects. This investment is designed to generate a return primarily through the realization of federal tax credits and deductions, which may be subject to recapture by taxing authorities if compliance requirements are not met. The Company accounts for its low income housing investments using the proportional amortization method. The Company’s investment in the qualified affordable housing project meets the definition of a variable interest entity ("VIE") as the entity is structured such that the limited partner investors lack substantive voting rights. The managing member has both the power to direct the activities that most significantly impact the economic performance of the entity and the obligation to absorb losses or the right to receive benefits that could be significant to the entity. Accordingly, the Company is not the primary beneficiary and is not required to consolidate this entity. The Company's maximum exposure to loss is limited to the carrying amount of the investment, which was $7.2 million as of December 31, 2024.
Derivative Financial Instruments	Derivative Financial Instruments As part of the Company’s asset/liability management, the Company may use interest rate swaps to hedge various exposures or to modify interest rate characteristics of various balance sheet accounts. Derivatives that are used as part of the asset/liability management process are linked to specific assets or liabilities, or pools of assets or liabilities, and have high correlation between the contract and the underlying item being hedged, both at inception and throughout the hedge period. All derivatives are recognized on the consolidated balance sheet at their fair value. On the date the derivative contract is entered into, the Company may designate the derivative as a hedge of a forecasted transaction or of the variability of cash flows to be received or paid related to a recognized asset or liability "cash flow" hedge. Changes in the fair value of a derivative that is highly effective and that is designated and qualifies as a cash-flow hedge are recorded in other comprehensive income (loss), until earnings are affected by the variability of cash flows (e.g., when periodic settlements on a variable-rate asset or liability are recorded in earnings). The Company formally documents all relationships between hedging instruments and hedged items, as well as its risk-management objective and strategy for undertaking various hedged transactions. This process includes linking all derivatives that are designated as cash flow hedges to specific assets and liabilities on the balance sheet or forecasted transactions. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in cash flows of hedged items. When it is determined that a derivative is not highly effective as a hedge or that it has ceased to be a highly effective hedge, the Company discontinues hedge accounting prospectively. The Company discontinues hedge accounting prospectively when (a) it is determined that the derivative is no longer highly effective in offsetting changes in the cash flows of a hedged item (including forecasted transactions); (b) the derivative expires or is sold, terminated, or exercised; (c) the derivative is dedesignated as a hedge instrument, because it is unlikely that a forecasted transaction will occur; or (d) management determines that designation of the derivative as a hedge instrument is no longer appropriate. When hedge accounting is discontinued because it is probable that a forecasted transaction will not occur, the derivative will continue to be carried on the consolidated balance sheet at its fair value, and gains and losses that were accumulated in other comprehensive income (loss) will be recognized immediately in earnings. In all other situations in which hedge accounting is discontinued, the derivative will be carried at its fair value on the balance sheet, with subsequent changes in its fair value recognized in current-period earnings.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Accounting principles generally require that recognized revenue, expenses, gains, and losses be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on securities available-for-sale and fair value changes of interest rate swap agreements designated as cash flow hedges, are reported as a separate component of the equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income (loss). In conjunction with changes to the Company's applicable income tax rates, such as the impact of the conversion to a C Corporation in 2019, the Company recorded deferred income tax expense of $3.4 million related to the unrealized gains (losses) on debt securities, and deferred income tax benefit of $0.3 million related to derivatives, through the income statement in accordance with ASC 740, Income Taxes . This difference will remain in accumulated other comprehensive income (loss) until the underlying debt securities are sold or mature or the underlying cash flow hedging relationships terminate in accordance with the portfolio approach.
Fair Value Measurements	Fair Value of Financial Instruments Fair value of financial instruments is estimated using relevant market information and other assumptions, as more fully disclosed in Note 22 – Fair Value of Financial Instruments. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates.
Revenue from Contracts with Customers	Revenue from Contracts with Customers ASC 606, Revenue from Contracts with Customers , requires an entity to recognize revenue in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. To achieve this, the Company takes the following steps: identify the contract(s) with a customer; identify the performance obligations in the contract; determine the transaction price; allocate the transaction price to the performance obligations in the contract; and recognize revenue when (or as) the Company satisfies a performance obligation. The noninterest revenue streams that are considered to be in the scope of this guidance are discussed below. Card income: Consists of debit and credit card interchange fees. For debit and credit card transactions, the Company considers the merchant as the customer for interchange revenue with the performance obligation being satisfied when the cardholder purchases goods or services from the merchant. Interchange revenue is recognized as the services are provided. Payment is typically received daily. Wealth management fees: Consists of revenue from the management and advisement of financial client assets and non-financial client assets, such as farmland, and trust administration. The Company’s performance obligation is generally satisfied over time, and the fees are recognized monthly. Payment is typically received quarterly or annually. Service charges on deposit accounts: Consists of account analysis fees, monthly service fees, and other deposit account related fees. The Company’s performance obligation account analysis fees and monthly service fees are ongoing and either party may cancel at any time. These fees are generally recognized as the services are rendered on a monthly basis. Payment is typically received monthly. Other deposit account related fees are largely transaction based, and therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for other deposit account related fees is primarily received immediately through a direct charge to customers’ accounts.
Reclassifications	Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation without any impact on the reported amounts of net income or stockholders’ equity.
Subsequent Events	Subsequent Events In preparing these consolidated financial statements, the Company has evaluated events and transactions for potential recognition or disclosure through the date the consolidated financial statements were issued.
Impact of Recently Adopted Accounting Standards and Recent Accounting Pronouncements	Impact of Recently Adopted Accounting Standards On January 1, 2023, the Company adopted Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , as amended, which replaces the incurred loss methodology with an expected loss methodology, commonly referred to as the current expected credit losses (“CECL”) methodology. The measurement of expected credit losses under the CECL methodology is applicable to financial assets measured at amortized cost, including loan receivables and debt securities held-to-maturity. It also applies to off-balance sheet credit exposures not accounted for as insurance, such as loan commitments and letters of credit. In addition, ASC 326 made changes to the accounting for debt securities available-for-sale. One such change is to require credit losses be presented as an allowance rather than as a write-down on debt securities available-for-sale management does not intend to sell or believes that it is more likely than not they will be required to sell. The Company adopted ASC 326 using the modified retrospective method for all financial assets measured at amortized cost and off-balance sheet credit exposures. Results for reporting periods beginning after December 31, 2022 are presented under ASC 326 while prior period amounts continue to be reported in accordance with previously applicable GAAP. The Company recorded a net decrease to retained earnings of $6.9 million as of January 1, 2023 for the cumulative effect of adopting ASC 326. The following table illustrates the impact of ASC 326 on the allowance for credit losses: January 1, 2023 (dollars in thousands) Pre-ASC 326 Impact of As Reported Assets: Allowance for credit losses on loans Commercial and industrial $ 3,279 $ (822) $ 2,457 Commercial real estate - owner occupied 1,193 587 1,780 Commercial real estate - non-owner occupied 6,721 501 7,222 Construction and land development 4,223 1,969 6,192 Multi-family 1,472 85 1,557 One-to-four family residential 1,759 797 2,556 Agricultural and farmland 796 1,567 2,363 Municipal, consumer, and other 5,890 2,299 8,189 Allowance for credit losses on loans $ 25,333 $ 6,983 $ 32,316 Liabilities: Allowance for credit losses on unfunded commitments $ — $ 2,899 $ 2,899 The Company also adopted ASC 326 using the prospective transition approach for purchase credit deteriorated (“PCD”) financial assets that were previously classified as purchased credit impaired (“PCI”) and accounted for under ASC 310-30. In accordance with ASC 326, management did not reassess whether PCI assets met the criteria of PCD assets as of the date of adoption. On January 1, 2023, the amortized cost basis of the PCD assets were adjusted to reflect the addition of $0.2 million to the allowance for credit losses. The remaining noncredit discount will be accreted into interest income at the effective interest rate as of January 1, 2023. On January 1, 2024, the Company adopted ASU 2023-02, Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force) . ASU 2023-02 permits an election to use the proportional amortization method to account for equity investments made primarily for the purpose of receiving income tax credits and other income tax benefits, regardless of the tax credit program from which the income tax credits are received, provided that certain conditions are met. The proportional amortization method results in the cost of the investment being amortized in proportion to the income tax credits and other income tax benefits received, with the amortization of the investment and the income tax credits being presented net in the income statement as a component of income tax expense. The Company adopted ASU 2023-02 using the modified retrospective method. The Company recorded a $0.1 million increase to retained earnings and decrease to deferred tax liability, as well as a $7.2 million increase to other assets and other liabilities, as a result of the adoption. On January 1, 2024, the Company adopted ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging – Portfolio Layer Method . ASU 2022-01 replaces the current last-of-layer hedge accounting method with an expanded portfolio layer method that permits multiple hedged layers of a single closed portfolio. The scope of the portfolio layer method is also expanded to include non-prepayable financial assets. ASU 2022-01 also provides additional guidance on the accounting for and disclosure of hedge basis adjustments that are applicable to the portfolio layer method, and specifies how hedge basis adjustments should be considered when determining credit losses for the assets included in the closed portfolio. Amendments related to hedge basis adjustments which are included in this standard apply on a modified retrospective basis by means of a cumulative-effect adjustment to the opening balance of retained earnings on the initial application date. Amendments related to disclosure which are included in this standard may be applied on a prospective basis from the initial application date, or on a retrospective basis to each prior period presented after the date of adoption of the amendments in ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities . The amendments in this update are effective for years beginning after December 15, 2023, including interim periods within those years. Early adoption is permitted. This standard did not have an impact on the Company’s consolidated results of operations or financial position. On January 1, 2024, the Company adopted ASU 2022-03, Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions . ASU 2022-03 clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value and that contractual sale restrictions cannot be recognized and measured as a separate unit of account. The amendments in this update are effective for years beginning after December 15, 2023, including interim periods within those years. This standard did not have an impact on the Company’s consolidated results of operations or financial position. On January 1, 2024, the Company adopted ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. ASU 2023-07 expands disclosure requirements for significant segment expenses under Topic 280. The amendments require public entities to disclose significant expense categories for each reportable segment, other segment items, the title and position of the chief operating decision-maker, and interim disclosures of certain segment-related information previously required only on an annual basis. The amendments clarify that entities reporting single segments must disclose both the new and existing segment disclosures under Topic 280, and a public entity is permitted to disclose multiple measures of segment profit or loss if certain criteria are met. The amendments in this update are effective for years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 31, 2024. ASU 2023-07 must be applied on a retrospective basis. Early adoption is permitted. This standard did not have an impact on the Company’s consolidated results of operations or financial position. Recent Accounting Pronouncements In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures . ASU 2023-09 expands income tax disclosure requirements. The amendments require annual disclosure of certain information relating to the rate reconciliation, income taxes paid by jurisdiction, income (loss) from continuing operations before income tax expense (benefit) disaggregated between domestic and foreign, income tax expense (benefit) from continuing operations disaggregated by federal (national), state, and foreign. The amendments also eliminate certain requirements relating to unrecognized tax benefits and certain deferred tax disclosure relating to subsidiaries and corporate joint ventures. The amendments in this update are effective for years beginning after December 15, 2024. ASU 2023-09 should be applied on a prospective basis, but retrospective application is permitted. Early adoption is permitted. This standard is not expected to have a material impact on the Company’s consolidated results of operations or financial position. In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses . ASU 2024-03 provides more decision-useful information about a public entity's expenses by requiring additional detail on expenses reported in income statements. Under the ASU, public entities will provide detailed disclosure in interim and annual periods of specified categories underlying certain expense captions. The ASU requires public entities to apply the amendments prospectively, with an option to use retrospective application. The amendments in this update are effective for years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. This standard is not expected to have a material impact on the Company's consolidated results of operations or financial position.
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 - Quoted prices (unadjusted) for identical assets or liabilities in active markets that the Company has the ability to access as of the measurement date. Level 2 - Significant observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 - Significant unobservable inputs that reflect a Company’s own assumptions about the assumptions that market participants would use in pricing as asset or liability. The Company uses fair value to measure certain assets and liabilities on a recurring basis, such as investment securities, mortgage servicing rights, and derivatives. For assets measured at the lower of cost or fair value, the fair value measurement criteria may or may not be met during a reporting period, and such measurements are therefore considered "nonrecurring" for purposes of disclosing the Company's fair value measurements. Fair value is used on a nonrecurring basis to adjust carrying values for loans held for sale, collateral-dependent loans, bank premises held for sale, and foreclosed assets. Recurring Basis The following is a description of the methods and significant assumptions used to measure the fair value of assets and liabilities on a recurring basis. Investment Securities When available, the Company uses quoted market prices to determine the fair value of securities; such items are classified in Level 1 of the fair value hierarchy. For the Company’s securities where quoted prices are not available for identical securities in an active market, the Company determines fair value utilizing vendors who apply matrix pricing for similar bonds where no price is observable or may compile prices from various sources. These models are primarily industry-standard models that consider various assumptions, including time value, yield curve, volatility factors, prepayment speeds, default rates, loss severity, current market and contractual prices for the underlying financial instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace. Fair values from these models are verified, where possible, against quoted market prices for recent trading activity of assets with similar characteristics to the security being valued. Such methods are generally classified as Level 2; however, when prices from independent sources vary, cannot be obtained or cannot be corroborated, a security is generally classified as Level 3. The change in fair value of debt securities available-for-sale is recorded through an adjustment to the consolidated statement of comprehensive income. The change in fair value of equity securities with readily determinable fair values is recorded through an adjustment to the consolidated statement of income. Mortgage Servicing Rights The Company has elected to record its mortgage servicing rights at fair value. Mortgage servicing rights do not trade in an active market with readily observable prices. Accordingly, the Company determines the fair value of mortgage servicing rights by estimating the fair value of the future cash flows associated with the mortgage loans being serviced as calculated by an independent third party. Key economic assumptions used in measuring the fair value of mortgage servicing rights include, but are not limited to, prepayment speeds and discount rates. Due to the nature of the valuation inputs, mortgage servicing rights are classified as Level 3. The change in fair value is recorded through an adjustment to the consolidated statement of income. Derivative Financial Instruments Derivative financial instruments are carried at fair value as determined by dealer valuation models. Based on the inputs used, the derivative financial instruments subjected to recurring fair value adjustments are classified as Level 2. For derivative financial instruments designated as hedging instruments, the change in fair value is recorded through an adjustment to the consolidated statement of comprehensive income. For derivative financial instruments not designated as hedging instruments, the change in fair value is recorded through an adjustment to the consolidated statement of income. Loans Held for Sale Mortgage loans originated and held for sale are carried at the lower of cost or estimated fair value. The Company obtains quotes or bids on these loans directly from purchasing financial institutions. Typically, these quotes include a premium on the sale and thus these quotes generally indicate fair value of the held for sale loans is greater than cost. Loans held for sale have been classified as Level 2. Collateral-Dependent Loans Periodically, a collateral-dependent loan is evaluated individually and is reported at the fair value of the underlying collateral, less estimated costs to sell, if repayment is expected solely from the collateral. If the collateral value is not sufficient, a specific reserve is recorded. Collateral values are estimated using recent appraisals and customized discounting criteria. Due to the significance of unobservable inputs, fair values of collateral-dependent loans have been classified as Level 3. Bank Premises Held for Sale Bank premises held for sale are recorded at the lower of cost or fair value, less estimated selling costs, at the date classified as held for sale. Values are estimated using recent appraisals and customized discounting criteria. Due to the significance of unobservable inputs, fair values of collateral-dependent loans have been classified as Level 3. Foreclosed Assets Foreclosed assets are recorded at fair value based on property appraisals, less estimated selling costs, at the date of the transfer. Subsequent to the transfer, foreclosed assets are carried at the lower of cost or fair value, less estimated selling costs. Values are estimated using recent appraisals and customized discounting criteria. Due to the significance of unobservable inputs, fair values of collateral-dependent loans have been classified as Level 3. Cash and Cash Equivalents The carrying amounts of these financial instruments approximate their fair values. Restricted Stock The carrying amount of FHLB stock approximates fair value based on the redemption provisions of the FHLB. Loans The fair value estimation process for the loan portfolio uses an exit price concept and reflects discounts the Company believes are consistent with discounts in the marketplace. Fair values are estimated for portfolios of loans with similar characteristics. Loans are segregated by type such as commercial and industrial, agricultural and farmland, commercial real estate – owner occupied, commercial real estate – non-owner occupied, multi-family, construction and land development, one-to-four family residential, and municipal, consumer, and other. The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for similar maturities. The fair value analysis also includes other assumptions to estimate fair value, intended to approximate those a market participant would use in an orderly transaction, with adjustments for discount rates, interest rates, liquidity, and credit spreads, as appropriate. Investments in Unconsolidated Subsidiaries The fair values of the Company’s investments in unconsolidated subsidiaries are presumed to approximate carrying amounts. Time and Brokered Time Deposits Fair values of certificates of deposit with stated maturities have been estimated using the present value of estimated future cash flows discounted at rates currently offered for similar instruments. Time deposits also include public funds time deposits. Securities Sold Under Agreements to Repurchase The fair values of repurchase agreements with variable interest rates are presumed to approximate their recorded carrying amounts. FHLB Advances The fair values of FHLB advances are estimated using discounted cash flow analyses based on current rates offered for borrowings with similar remaining maturities and characteristics. Subordinated Notes The fair values of subordinated notes are estimated using discounted cash flow analyses based on rates observed on recent debt issuances by other financial institutions. Junior Subordinated Debentures The fair values of subordinated debentures are estimated using discounted cash flow analyses based on rates observed on recent debt issuances by other financial institutions. Accrued Interest The carrying amounts of accrued interest approximate fair value.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Impact of ASC 326 on the allowance for credit losses	The following table illustrates the impact of ASC 326 on the allowance for credit losses: January 1, 2023 (dollars in thousands) Pre-ASC 326 Impact of As Reported Assets: Allowance for credit losses on loans Commercial and industrial $ 3,279 $ (822) $ 2,457 Commercial real estate - owner occupied 1,193 587 1,780 Commercial real estate - non-owner occupied 6,721 501 7,222 Construction and land development 4,223 1,969 6,192 Multi-family 1,472 85 1,557 One-to-four family residential 1,759 797 2,556 Agricultural and farmland 796 1,567 2,363 Municipal, consumer, and other 5,890 2,299 8,189 Allowance for credit losses on loans $ 25,333 $ 6,983 $ 32,316 Liabilities: Allowance for credit losses on unfunded commitments $ — $ 2,899 $ 2,899

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of expenses incurred related to the acquisition	Year Ended (dollars in thousands) December 31, 2023 December 31, 2022 PROVISION FOR CREDIT LOSSES $ 5,924 $ — NONINTEREST EXPENSE Salaries 3,584 — Furniture and equipment 39 — Data processing 2,031 304 Marketing and customer relations 24 — Loan collection and servicing 125 — Legal fees and other noninterest expense 1,964 788 Total noninterest expense 7,767 1,092 Total Town and Country acquisition-related expenses $ 13,691 $ 1,092
Schedule of recognized identified assets acquired and liabilities assumed	The fair value of the assets acquired and liabilities assumed from Town and Country on the acquisition date of February 1, 2023 were as follows (dollars in thousands): Fair Value Assets acquired: Cash and cash equivalents $ 23,542 Interest-bearing time deposits with banks 249 Debt securities 167,869 Equity securities 301 Restricted stock 2,822 Loans held for sale 1,612 Loans, before allowance for credit losses 635,376 Allowance for credit losses (1,247) Loans, net of allowance for credit losses 634,129 Bank owned life insurance 15,782 Bank premises and equipment 14,828 Foreclosed assets 271 Intangible assets 22,282 Mortgage servicing rights 10,469 Investments in unconsolidated subsidiaries 449 Accrued interest receivable 3,113 Other assets 8,940 Total assets acquired 906,658 Liabilities assumed: Deposits 720,417 FHLB advances 86,439 Junior subordinated debentures 14,949 Other liabilities 5,999 Total liabilities assumed 827,804 Net assets acquired $ 78,854 Consideration paid: Cash $ 37,996 Common stock 71,356 Total consideration paid $ 109,352 Goodwill $ 30,498
Schedule of the components of the purchase price of financing receivables purchased with credit deterioration	The following table provides a summary of these PCD loans at acquisition (dollars in thousands): Unpaid principal balance $ 89,822 Allowance for credit losses at acquisition (1,247) Non-credit discount (2,218) Purchase price $ 86,357
Business acquisition, pro forma information	The acquisition-related expenses that have been recognized are included in net income in the following table. Pro Forma Year Ended December 31, (dollars in thousands, except per share data) 2023 2022 Total revenues (net interest income and noninterest income) $ 230,171 $ 226,229 Net income 66,056 68,417 Earnings per share - basic 2.07 2.12 Earnings per share - diluted 2.06 2.12

SECURITIES (Tables)

SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair values of securities available-for-sale, with gross unrealized gains and losses	The amortized cost and fair values of debt securities, with gross unrealized gains and losses and allowance for credit losses, are as follows: December 31, 2024 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value Available-for-sale: U.S. Treasury $ 119,690 $ — $ (8,545) $ — $ 111,145 U.S. government agency 55,742 — (2,544) — 53,198 Municipal 150,163 — (19,484) — 130,679 Mortgage-backed: Agency residential 241,342 253 (14,227) — 227,368 Agency commercial 128,823 3 (12,145) — 116,681 Corporate 61,732 156 (2,910) — 58,978 Total available-for-sale $ 757,492 $ 412 $ (59,855) $ — $ 698,049 December 31, 2024 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Allowance for Credit Losses Held-to-maturity: U.S. government agency $ 88,472 $ — $ (8,819) $ 79,653 $ — Municipal 35,862 48 (371) 35,539 — Mortgage-backed: Agency residential 85,643 — (5,796) 79,847 — Agency commercial 289,881 — (39,734) 250,147 — Total held-to-maturity $ 499,858 $ 48 $ (54,720) $ 445,186 $ — December 31, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value Available-for-sale: U.S. Treasury $ 159,715 $ — $ (11,093) $ — $ 148,622 U.S. government agency 55,359 — (3,262) — 52,097 Municipal 229,030 26 (23,499) — 205,557 Mortgage-backed: Agency residential 188,641 61 (14,718) — 173,984 Agency commercial 141,214 3 (14,205) — 127,012 Corporate 57,665 9 (5,485) — 52,189 Total available-for-sale $ 831,624 $ 99 $ (72,262) $ — $ 759,461 December 31, 2023 (dollars in thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Allowance for Credit Losses Held-to-maturity: U.S. government agency $ 88,448 $ — $ (8,292) $ 80,156 $ — Municipal 38,442 394 (163) 38,673 — Mortgage-backed: Agency residential 95,828 — (5,569) 90,259 — Agency commercial 298,721 — (41,313) 257,408 — Total held-to-maturity $ 521,439 $ 394 $ (55,337) $ 466,496 $ — March 31, 2022 (dollars in thousands) Amortized Fair Value U.S. government agency $ 78,841 $ 71,048 Mortgage-backed: Agency residential 8,175 7,651 Agency commercial 27,834 25,432 Total $ 114,850 $ 104,131 The following table presents gross unrealized losses and fair value of debt securities available-for-sale that do not have an associated allowance for credit losses as of December 31, 2024 and December 31, 2023, aggregated by category and length of time that individual debt securities have been in a continuous unrealized loss position: December 31, 2024 Investments in a Continuous Unrealized Loss Position Less than 12 Months 12 Months or More Total (dollars in thousands) Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Available-for-sale: U.S. Treasury $ — $ — $ (8,545) $ 111,145 $ (8,545) $ 111,145 U.S. government agency (141) 7,594 (2,403) 45,604 (2,544) 53,198 Municipal (8) 2,634 (19,476) 127,776 (19,484) 130,410 Mortgage-backed: Agency residential (2,041) 81,055 (12,186) 129,178 (14,227) 210,233 Agency commercial (125) 3,327 (12,020) 112,118 (12,145) 115,445 Corporate (4) 1,996 (2,906) 43,064 (2,910) 45,060 Total available-for-sale $ (2,319) $ 96,606 $ (57,536) $ 568,885 $ (59,855) $ 665,491 December 31, 2023 Investments in a Continuous Unrealized Loss Position Less than 12 Months 12 Months or More Total (dollars in thousands) Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Available-for-sale: U.S. Treasury $ — $ — $ (11,093) $ 148,622 $ (11,093) $ 148,622 U.S. government agency (2) 168 (3,260) 51,910 (3,262) 52,078 Municipal (26) 4,749 (23,473) 194,287 (23,499) 199,036 Mortgage-backed: Agency residential (163) 9,354 (14,555) 156,785 (14,718) 166,139 Agency commercial (26) 3,016 (14,179) 123,404 (14,205) 126,420 Corporate (414) 4,361 (5,071) 45,826 (5,485) 50,187 Total available-for-sale $ (631) $ 21,648 $ (71,631) $ 720,834 $ (72,262) $ 742,482
Schedule of amortized cost and fair value of securities by contractual maturity	The amortized cost and fair value of debt securities by contractual maturity, as of December 31, 2024, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available-for-Sale Held-to-Maturity (dollars in thousands) Amortized Cost Fair Value Amortized Cost Fair Value Due in 1 year or less $ 45,843 $ 45,201 $ 7,084 $ 7,063 Due after 1 year through 5 years 178,269 165,830 52,350 49,614 Due after 5 years through 10 years 145,184 127,690 62,645 56,321 Due after 10 years 18,031 15,279 2,255 2,194 Mortgage-backed: Agency residential 241,342 227,368 85,643 79,847 Agency commercial 128,823 116,681 289,881 250,147 Total $ 757,492 $ 698,049 $ 499,858 $ 445,186
Schedule of sales of debt securities	Sales of debt securities were as follows during the year ended December 31: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Proceeds from sales $ 69,174 $ 185,280 $ — Gross realized gains — — — Gross realized losses (3,697) (1,820) —
Debt securities, trading, and equity securities, FV-NI	The initial cost and carrying values of equity securities, with cumulative net unrealized gains and losses were as follows: December 31, 2024 (dollars in thousands) Readily No Readily Initial cost $ 3,124 $ 2,998 Cumulative net unrealized gains (losses) 191 (369) Carrying value $ 3,315 $ 2,629 December 31, 2023 (dollars in thousands) Readily No Readily Initial cost $ 3,143 $ 2,840 Cumulative net unrealized gains (losses) 217 (335) Carrying value $ 3,360 $ 2,505
Schedule of unrealized gains (losses) on equity securities	Unrealized gains (losses) on equity securities were as follows during the years ended December 31, 2024 and 2023: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Readily determinable fair value $ (25) $ 330 $ (414) No readily determinable fair value (34) (170) — Unrealized gains (losses) on equity securities $ (59) $ 160 $ (414)

LOANS AND RELATED ALLOWANCE F_2

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES (Tables)	12 Months Ended
	Dec. 31, 2024
Receivables [Abstract]
Summary of loans	Major categories of loans are summarized as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Commercial and industrial $ 428,389 $ 427,800 Commercial real estate - owner occupied 322,316 295,842 Commercial real estate - non-owner occupied 899,565 880,681 Construction and land development 374,657 363,983 Multi-family 431,524 417,923 One-to-four family residential 463,968 491,508 Agricultural and farmland 293,375 287,294 Municipal, consumer, and other 252,352 239,386 Loans, before allowance for credit losses 3,466,146 3,404,417 Allowance for credit losses (42,044) (40,048) Loans, net of allowance for credit losses $ 3,424,102 $ 3,364,369
Schedule of activity in allowance for loan losses	The following tables detail activity in the allowance for credit losses: (dollars in thousands) Commercial Commercial Commercial Construction Multi-Family One-to-four Agricultural Municipal, Total Balance, December 31, 2021 $ 2,440 $ 1,840 $ 8,145 $ 4,914 $ 1,263 $ 1,311 $ 845 $ 3,178 $ 23,936 Provision for loan losses 88 (1,653) (1,707) (692) 209 146 (49) 2,952 (706) Charge-offs (23) (25) — — — (67) — (569) (684) Recoveries 774 1,031 283 1 — 369 — 329 2,787 Balance, December 31, 2022 3,279 1,193 6,721 4,223 1,472 1,759 796 5,890 25,333 Adoption of ASC 326 (822) 587 501 1,969 85 797 1,567 2,299 6,983 PCD allowance established in acquisition 69 127 239 240 68 492 5 7 1,247 Provision for credit losses 2,823 352 187 (487) 1,931 2,004 (1,399) 1,254 6,665 Charge-offs (428) (5) (202) — — (34) — (690) (1,359) Recoveries 59 18 268 53 281 186 6 308 1,179 Balance, December 31, 2023 4,980 2,272 7,714 5,998 3,837 5,204 975 9,068 40,048 Provision for credit losses 1,677 825 3,407 (1,699) 682 (1,438) 246 54 3,754 Charge-offs (1,448) (6) — — (188) (298) (62) (1,282) (3,284) Recoveries 148 16 586 3 — 440 11 322 1,526 Balance, December 31, 2024 $ 5,357 $ 3,107 $ 11,707 $ 4,302 $ 4,331 $ 3,908 $ 1,170 $ 8,162 $ 42,044 The following tables present loans and the related allowance for credit losses by category: December 31, 2024 (dollars in thousands) Commercial Commercial Commercial Construction Multi-Family One-to-four Agricultural Municipal, Total Loan balances: Collectively evaluated for impairment $ 427,737 $ 322,159 $ 884,832 $ 374,408 $ 431,432 $ 459,790 $ 293,240 $ 241,765 $ 3,435,363 Individually evaluated for impairment 652 157 14,733 249 92 4,178 135 10,587 30,783 Total $ 428,389 $ 322,316 $ 899,565 $ 374,657 $ 431,524 $ 463,968 $ 293,375 $ 252,352 $ 3,466,146 Allowance for credit losses: Collectively evaluated for impairment $ 5,344 $ 3,107 $ 11,201 $ 4,269 $ 4,239 $ 3,747 $ 1,170 $ 5,901 $ 38,978 Individually evaluated for impairment 13 — 506 33 92 161 — 2,261 3,066 Total $ 5,357 $ 3,107 $ 11,707 $ 4,302 $ 4,331 $ 3,908 $ 1,170 $ 8,162 $ 42,044 December 31, 2023 (dollars in thousands) Commercial Commercial Commercial Construction Multi-Family One-to-four Agricultural Municipal, Total Loan balances: Collectively evaluated for impairment $ 427,528 $ 295,672 $ 865,394 $ 363,767 $ 417,608 $ 486,049 $ 287,150 $ 224,345 $ 3,367,513 Individually evaluated for impairment 272 170 15,287 216 315 5,459 144 15,041 36,904 Total $ 427,800 $ 295,842 $ 880,681 $ 363,983 $ 417,923 $ 491,508 $ 287,294 $ 239,386 $ 3,404,417 Allowance for credit losses: Collectively evaluated for impairment $ 4,960 $ 2,272 $ 6,693 $ 5,998 $ 3,837 $ 4,957 $ 975 $ 6,137 $ 35,829 Individually evaluated for impairment 20 — 1,021 — — 247 — 2,931 4,219 Total $ 4,980 $ 2,272 $ 7,714 $ 5,998 $ 3,837 $ 5,204 $ 975 $ 9,068 $ 40,048 The following tables present collateral dependent loans, by the primary collateral type, which are individually evaluated to determine expected credit losses, and the related allowance for credit losses allocated to these loans: December 31, 2024 Amortized Cost Allowance Primary Collateral Type (dollars in thousands) Real Estate Vehicles Other Total Commercial and industrial $ — $ 627 $ 25 $ 652 $ 13 Commercial real estate - owner occupied 157 — — 157 — Commercial real estate - non-owner occupied 14,733 — — 14,733 506 Construction and land development 249 — — 249 33 Multi-family 92 — — 92 92 One-to-four family residential 4,178 — — 4,178 161 Agricultural and farmland — — 135 135 — Municipal, consumer, and other 10,569 5 13 10,587 2,261 Total $ 29,978 $ 632 $ 173 $ 30,783 $ 3,066 December 31, 2023 Amortized Cost Allowance Primary Collateral Type (dollars in thousands) Real Estate Vehicles Other Total Commercial and industrial $ — $ 37 $ 235 $ 272 $ 20 Commercial real estate - owner occupied 170 — — 170 — Commercial real estate - non-owner occupied 15,287 — — 15,287 1,021 Construction and land development 216 — — 216 — Multi-family 315 — — 315 — One-to-four family residential 5,459 — — 5,459 247 Agricultural and farmland 144 — — 144 — Municipal, consumer, and other 14,978 39 24 15,041 2,931 Total $ 36,569 $ 76 $ 259 $ 36,904 $ 4,219
Schedule of gross charge-offs, further sorted by origination year	Gross charge-offs, further sorted by origination year, were as follows during the year ended December 31, 2024 and 2023. Gross Charge-Offs for the Year Ended December 31, 2024 Term Loans by Origination Year Revolving Revolving Total (dollars in thousands) 2024 2023 2022 2021 2020 Prior Commercial and industrial $ — $ 1,264 $ 75 $ — $ — $ 11 $ 98 $ — $ 1,448 Commercial real estate - owner occupied 6 — — — — — — — 6 Commercial real estate - non-owner occupied — — — — — — — — — Construction and land development — — — — — — — — — Multi-family — — — 188 — — — — 188 One-to-four family residential — 1 8 15 4 182 88 — 298 Agricultural and farmland — — 44 — — — 18 — 62 Municipal, consumer, and other 415 63 11 — — 529 264 — 1,282 Total $ 421 $ 1,328 $ 138 $ 203 $ 4 $ 722 $ 468 $ — $ 3,284 Gross Charge-Offs for the Year Ended December 31, 2023 Term Loans by Origination Year Revolving Revolving Total (dollars in thousands) 2023 2022 2021 2020 2019 Prior Commercial and industrial $ — $ — $ — $ — $ — $ — $ 428 $ — $ 428 Commercial real estate - owner occupied — 5 — — — — — — 5 Commercial real estate - non-owner occupied — — — — 31 — 171 — 202 Construction and land development — — — — — — — — — Multi-family — — — — — — — — — One-to-four family residential — — — — 1 33 — — 34 Agricultural and farmland — — — — — — — — — Municipal, consumer, and other 309 100 13 17 10 32 209 — 690 Total $ 309 $ 105 $ 13 $ 17 $ 42 $ 65 $ 808 $ — $ 1,359
Schedule of average investment and interest income for loans individually evaluated for impairment	The following table presents the average recorded investment and interest income recognized for loans individually evaluated for impairment by category of loans for the year ended December 31, 2022: (dollars in thousands) Average Interest With an allowance recorded: Commercial and industrial $ 204 $ 18 Commercial real estate - owner occupied 970 63 Commercial real estate - non-owner occupied 10,943 740 Construction and land development — — Multi-family — — One-to-four family residential 384 16 Agricultural and farmland — — Municipal, consumer, and other 6,259 236 Total $ 18,760 $ 1,073 With no related allowance: Commercial and industrial $ 9,568 $ 453 Commercial real estate - owner occupied 8,619 525 Commercial real estate - non-owner occupied 12,636 1,278 Construction and land development 1,505 106 Multi-family — — One-to-four family residential 6,238 352 Agricultural and farmland 228 13 Municipal, consumer, and other 3,361 148 Total $ 42,155 $ 2,875 Total loans individually evaluated for impairment: Commercial and industrial $ 9,772 $ 471 Commercial real estate - owner occupied 9,589 588 Commercial real estate - non-owner occupied 23,579 2,018 Construction and land development 1,505 106 Multi-family — — One-to-four family residential 6,622 368 Agricultural and farmland 228 13 Municipal, consumer, and other 9,620 384 Total $ 60,915 $ 3,948
Schedule of changes in the accretable yield for loans acquired with deteriorated credit quality	Changes in the accretable yield for loans acquired with deteriorated credit quality were as follows during the year ended December 31, 2022: (dollars in thousands) 2022 Beginning balance $ 413 Reclassification from non-accretable difference 548 Accretion income (231) Ending balance $ 730
Schedule of recorded investment on past due basis	The following tables present loans by category based on current payment and accrual status: December 31, 2024 Accruing Interest (dollars in thousands) Current 30 - 89 Days 90+ Days Nonaccrual Total Commercial and industrial $ 425,859 $ 1,878 $ — $ 652 $ 428,389 Commercial real estate - owner occupied 321,805 354 — 157 322,316 Commercial real estate - non-owner occupied 897,445 299 — 1,821 899,565 Construction and land development 373,933 475 — 249 374,657 Multi-family 431,432 — — 92 431,524 One-to-four family residential 459,069 721 — 4,178 463,968 Agricultural and farmland 293,231 9 — 135 293,375 Municipal, consumer, and other 251,798 182 4 368 252,352 Total $ 3,454,572 $ 3,918 $ 4 $ 7,652 $ 3,466,146 December 31, 2023 Accruing Interest (dollars in thousands) Current 30 - 89 Days 90+ Days Nonaccrual Total Commercial and industrial $ 427,300 $ 228 $ — $ 272 $ 427,800 Commercial real estate - owner occupied 295,672 — — 170 295,842 Commercial real estate - non-owner occupied 878,591 255 — 1,835 880,681 Construction and land development 363,735 32 — 216 363,983 Multi-family 417,597 11 — 315 417,923 One-to-four family residential 484,969 1,735 — 4,804 491,508 Agricultural and farmland 286,820 330 — 144 287,294 Municipal, consumer, and other 239,033 252 37 64 239,386 Total $ 3,393,717 $ 2,843 $ 37 $ 7,820 $ 3,404,417
Schedule of non-accrual loans	The following tables present nonaccrual loans with and without a related allowance for credit losses: December 31, 2024 (dollars in thousands) Nonaccrual Nonaccrual Total Commercial and industrial $ 185 $ 467 $ 652 Commercial real estate - owner occupied — 157 157 Commercial real estate - non-owner occupied — 1,821 1,821 Construction and land development 216 33 249 Multi-family 92 — 92 One-to-four family residential 654 3,524 4,178 Agricultural and farmland — 135 135 Municipal, consumer, and other — 368 368 Total $ 1,147 $ 6,505 $ 7,652 December 31, 2023 (dollars in thousands) Nonaccrual Nonaccrual Total Commercial and industrial $ 120 $ 152 $ 272 Commercial real estate - owner occupied — 170 170 Commercial real estate - non-owner occupied 188 1,647 1,835 Construction and land development 216 — 216 Multi-family — 315 315 One-to-four family residential 14 4,790 4,804 Agricultural and farmland — 144 144 Municipal, consumer, and other — 64 64 Total $ 538 $ 7,282 $ 7,820
Schedule of loans by category risk ratings	The following tables present loans by category based on their assigned risk ratings determined by management: December 31, 2024 (dollars in thousands) Pass Pass-Watch Special Mention Substandard Total Commercial and industrial $ 404,779 $ 16,429 $ 1,957 $ 5,224 $ 428,389 Commercial real estate - owner occupied 297,150 14,969 2,713 7,484 322,316 Commercial real estate - non-owner occupied 843,487 21,594 — 34,484 899,565 Construction and land development 351,657 1,376 20,847 777 374,657 Multi-family 411,842 3,855 15,735 92 431,524 One-to-four family residential 448,869 6,641 710 7,748 463,968 Agricultural and farmland 269,926 18,154 521 4,774 293,375 Municipal, consumer, and other 236,686 929 4,107 10,630 252,352 Total $ 3,264,396 $ 83,947 $ 46,590 $ 71,213 $ 3,466,146 December 31, 2023 (dollars in thousands) Pass Pass-Watch Substandard Total Commercial and industrial $ 419,494 $ 7,128 $ 1,178 $ 427,800 Commercial real estate - owner occupied 275,649 14,072 6,121 295,842 Commercial real estate - non-owner occupied 822,012 33,283 25,386 880,681 Construction and land development 351,087 12,604 292 363,983 Multi-family 397,951 19,656 316 417,923 One-to-four family residential 472,355 6,671 12,482 491,508 Agricultural and farmland 280,867 3,071 3,356 287,294 Municipal, consumer, and other 222,474 1,721 15,191 239,386 Total $ 3,241,889 $ 98,206 $ 64,322 $ 3,404,417
Schedule of risk ratings of loans, further sorted by origination year	Risk ratings of loans, further sorted by origination year, are as follows as of December 31, 2024: (dollars in thousands) Term Loans by Origination Year Revolving Revolving Total 2024 2023 2022 2021 2020 Prior Commercial and industrial Pass $ 46,635 $ 43,007 $ 44,701 $ 11,617 $ 17,913 $ 41,397 $ 197,516 $ 1,993 $ 404,779 Pass-Watch 475 1,310 186 1,121 — 1,775 10,613 949 16,429 Special Mention — 281 272 173 — — 1,231 — 1,957 Substandard — 1,913 1,016 721 — — 939 635 5,224 Total $ 47,110 $ 46,511 $ 46,175 $ 13,632 $ 17,913 $ 43,172 $ 210,299 $ 3,577 $ 428,389 Commercial real estate - owner occupied Pass $ 63,546 $ 23,607 $ 56,509 $ 48,867 $ 39,679 $ 44,108 $ 19,766 $ 1,068 $ 297,150 Pass-Watch 6,478 395 3,698 2,111 542 1,374 371 — 14,969 Special Mention 1,877 — — 150 — — 686 — 2,713 Substandard 819 700 506 3,707 1,241 511 — — 7,484 Total $ 72,720 $ 24,702 $ 60,713 $ 54,835 $ 41,462 $ 45,993 $ 20,823 $ 1,068 $ 322,316 Commercial real estate - non-owner occupied Pass $ 92,125 $ 108,688 $ 245,168 $ 222,479 $ 84,054 $ 65,935 $ 23,425 $ 1,613 $ 843,487 Pass-Watch 3,173 421 6,656 4,031 2,442 4,871 — — 21,594 Special Mention — — — — — — — — — Substandard 23,245 9,191 — — — 2,048 — — 34,484 Total $ 118,543 $ 118,300 $ 251,824 $ 226,510 $ 86,496 $ 72,854 $ 23,425 $ 1,613 $ 899,565 Construction and land development Pass $ 181,274 $ 73,773 $ 65,045 $ 21,542 $ 590 $ 693 $ 8,228 $ 512 $ 351,657 Pass-Watch — — — — — 18 697 661 1,376 Special Mention — — 8,750 12,097 — — — — 20,847 Substandard 475 — 216 — — 86 — — 777 Total $ 181,749 $ 73,773 $ 74,011 $ 33,639 $ 590 $ 797 $ 8,925 $ 1,173 $ 374,657 Multi-family Pass $ 46,969 $ 80,450 $ 88,823 $ 101,284 $ 50,652 $ 40,839 $ 2,375 $ 450 $ 411,842 Pass-Watch 2,791 — 567 — — 492 — 5 3,855 Special Mention 6,936 — — — 8,799 — — — 15,735 Substandard 92 — — — — — — — 92 Total $ 56,788 $ 80,450 $ 89,390 $ 101,284 $ 59,451 $ 41,331 $ 2,375 $ 455 $ 431,524 One-to-four family residential Pass $ 44,914 $ 87,184 $ 79,834 $ 71,466 $ 57,258 $ 43,455 $ 59,446 $ 5,312 $ 448,869 Pass-Watch 1,126 1,271 936 242 405 2,252 134 275 6,641 Special Mention — — — 592 118 — — — 710 Substandard 281 522 861 473 382 4,824 16 389 7,748 Total $ 46,321 $ 88,977 $ 81,631 $ 72,773 $ 58,163 $ 50,531 $ 59,596 $ 5,976 $ 463,968 Agricultural and farmland Pass $ 42,272 $ 35,593 $ 32,146 $ 28,714 $ 27,865 $ 7,656 $ 94,977 $ 703 $ 269,926 Pass-Watch 100 2,671 1,424 1,403 508 861 10,633 554 18,154 Special Mention 134 87 — — — — 300 — 521 Substandard 332 51 494 9 3,183 — 319 386 4,774 Total $ 42,838 $ 38,402 $ 34,064 $ 30,126 $ 31,556 $ 8,517 $ 106,229 $ 1,643 $ 293,375 (dollars in thousands) Term Loans by Origination Year Revolving Revolving Total 2024 2023 2022 2021 2020 Prior Municipal, consumer, and other Pass $ 77,779 $ 37,678 $ 14,475 $ 23,204 $ 12,479 $ 37,460 $ 33,611 $ — $ 236,686 Pass-Watch 103 50 6 12 — 757 1 — 929 Special Mention — — — — — 4,107 — — 4,107 Substandard 21 5 33 — — 10,570 1 — 10,630 Total $ 77,903 $ 37,733 $ 14,514 $ 23,216 $ 12,479 $ 52,894 $ 33,613 $ — $ 252,352 Total by risk rating Pass $ 595,514 $ 489,980 $ 626,701 $ 529,173 $ 290,490 $ 281,543 $ 439,344 $ 11,651 $ 3,264,396 Pass-Watch 14,246 6,118 13,473 8,920 3,897 12,400 22,449 2,444 83,947 Special Mention 8,947 368 9,022 13,012 8,917 4,107 2,217 — 46,590 Substandard 25,265 12,382 3,126 4,910 4,806 18,039 1,275 1,410 71,213 Total $ 643,972 $ 508,848 $ 652,322 $ 556,015 $ 308,110 $ 316,089 $ 465,285 $ 15,505 $ 3,466,146 Risk ratings of loans, further sorted by origination year, are as follows as of December 31, 2023: (dollars in thousands) Term Loans by Origination Year Revolving Revolving Total 2023 2022 2021 2020 2019 Prior Commercial and industrial Pass $ 90,931 $ 58,364 $ 19,283 $ 26,816 $ 5,269 $ 29,550 $ 187,579 $ 1,702 $ 419,494 Pass-Watch 2,025 1,340 892 144 753 471 956 547 7,128 Substandard 111 73 327 60 — — 323 284 1,178 Total $ 93,067 $ 59,777 $ 20,502 $ 27,020 $ 6,022 $ 30,021 $ 188,858 $ 2,533 $ 427,800 Commercial real estate - owner occupied Pass $ 27,516 $ 64,229 $ 55,376 $ 53,634 $ 32,469 $ 28,876 $ 13,549 $ — $ 275,649 Pass-Watch 4,061 943 5,210 1,474 1,573 811 — — 14,072 Substandard 2,734 86 1,550 64 164 1,523 — — 6,121 Total $ 34,311 $ 65,258 $ 62,136 $ 55,172 $ 34,206 $ 31,210 $ 13,549 $ — $ 295,842 Commercial real estate - non-owner occupied Pass $ 121,536 $ 240,323 $ 237,953 $ 88,894 $ 82,094 $ 39,228 $ 10,274 $ 1,710 $ 822,012 Pass-Watch 810 6,893 7,013 353 4,230 154 13,585 245 33,283 Substandard 13,376 124 286 — 2,410 9,190 — — 25,386 Total $ 135,722 $ 247,340 $ 245,252 $ 89,247 $ 88,734 $ 48,572 $ 23,859 $ 1,955 $ 880,681 Construction and land development Pass $ 153,499 $ 119,005 $ 56,954 $ 5,596 $ 2,662 $ 796 $ 12,050 $ 525 $ 351,087 Pass-Watch 153 10,750 — — — — 163 1,538 12,604 Substandard — 216 — — — 76 — — 292 Total $ 153,652 $ 129,971 $ 56,954 $ 5,596 $ 2,662 $ 872 $ 12,213 $ 2,063 $ 363,983 Multi-family Pass $ 83,898 $ 81,507 $ 115,402 $ 53,126 $ 34,053 $ 23,570 $ 5,904 $ 491 $ 397,951 Pass-Watch 3,111 7,197 — 8,821 51 468 — 8 19,656 Substandard — — 316 — — — — — 316 Total $ 87,009 $ 88,704 $ 115,718 $ 61,947 $ 34,104 $ 24,038 $ 5,904 $ 499 $ 417,923 One-to-four family residential Pass $ 105,337 $ 91,636 $ 82,289 $ 64,094 $ 21,986 $ 44,241 $ 57,248 $ 5,524 $ 472,355 Pass-Watch 2,382 286 940 486 212 1,804 203 358 6,671 Substandard 1,507 1,527 623 646 1,037 4,166 64 2,912 12,482 Total $ 109,226 $ 93,449 $ 83,852 $ 65,226 $ 23,235 $ 50,211 $ 57,515 $ 8,794 $ 491,508 Agricultural and farmland Pass $ 52,766 $ 37,600 $ 36,604 $ 33,960 $ 8,910 $ 7,756 $ 100,486 $ 2,785 $ 280,867 Pass-Watch 953 361 425 30 71 719 172 340 3,071 Substandard — — 13 3,199 — 144 — — 3,356 Total $ 53,719 $ 37,961 $ 37,042 $ 37,189 $ 8,981 $ 8,619 $ 100,658 $ 3,125 $ 287,294 Municipal, consumer, and other Pass $ 43,575 $ 57,404 $ 27,904 $ 14,342 $ 1,016 $ 42,499 $ 35,734 $ — $ 222,474 Pass-Watch 9 6 13 — — 1,693 — — 1,721 Substandard 51 103 2 6 8 15,012 8 1 15,191 Total $ 43,635 $ 57,513 $ 27,919 $ 14,348 $ 1,024 $ 59,204 $ 35,742 $ 1 $ 239,386 Total by risk rating Pass $ 679,058 $ 750,068 $ 631,765 $ 340,462 $ 188,459 $ 216,516 $ 422,824 $ 12,737 $ 3,241,889 Pass-Watch 13,504 27,776 14,493 11,308 6,890 6,120 15,079 3,036 98,206 Substandard 17,779 2,129 3,117 3,975 3,619 30,111 395 3,197 64,322 Total $ 710,341 $ 779,973 $ 649,375 $ 355,745 $ 198,968 $ 252,747 $ 438,298 $ 18,970 $ 3,404,417

LOAN SERVICING (Tables)

LOAN SERVICING (Tables)	12 Months Ended
	Dec. 31, 2024
Transfers and Servicing [Abstract]
Schedule of activity in mortgage servicing rights	Activity in mortgage servicing rights was as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Beginning balance $ 19,001 $ 10,147 $ 7,994 Acquired — 10,469 — Capitalized servicing rights 726 726 530 Fair value adjustments attributable to payments and principal reductions (2,083) (2,110) (1,343) Fair value adjustments attributable to changes in valuation inputs and assumptions 1,183 (231) 2,966 Ending balance $ 18,827 $ 19,001 $ 10,147

BANK PREMISES AND EQUIPMENT (Ta

BANK PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Summary of bank premises and depreciation expense	Bank premises and equipment are stated at cost less accumulated depreciation as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Land, buildings, and improvements $ 98,426 $ 93,955 Furniture, fixtures, and equipment 26,270 26,205 Total bank premises and equipment 124,696 120,160 Less accumulated depreciation 57,938 55,010 Total bank premises and equipment, net $ 66,758 $ 65,150 Depreciation expense by category is as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Buildings and improvements $ 1,990 $ 1,879 $ 1,623 Furniture, fixtures, and equipment 954 1,229 1,420 Total depreciation expense $ 2,944 $ 3,108 $ 3,043

FORECLOSED ASSETS (Tables)

FORECLOSED ASSETS (Tables)	12 Months Ended
	Dec. 31, 2024
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]
Schedule of foreclosed assets activity	Foreclosed assets activity was as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Beginning balance $ 852 $ 3,030 $ 3,278 Acquired — 271 — Transfers from loans 889 1,143 541 Proceeds from sales (1,396) (4,093) (475) Net gain on sales 112 764 118 Direct write-downs (90) (263) (432) Ending balance $ 367 $ 852 $ 3,030
Schedule of gains (losses) on foreclosed assets	Gains (losses) on foreclosed assets included the following: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Direct write-downs $ (90) $ (263) $ (432) Net gain on sales 112 764 118 Gains (losses) on foreclosed assets $ 22 $ 501 $ (314)

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of finite-lived intangible assets	The following table summarizes the changes in the Company's intangible assets: Year Ended December 31, 2024 2023 2022 (dollars in thousands) Core Deposit Customer Relationship Intangible Core Deposit Customer Relationship Intangible Core Deposit Customer Relationship Intangible Beginning balance $ 19,774 $ 908 $ 1,070 $ — $ 1,943 $ — Additions — — 21,282 1,000 — — Amortization (2,739) (100) (2,578) (92) (873) — Ending balance $ 17,035 $ 808 $ 19,774 $ 908 $ 1,070 $ — Accumulated amortization $ 26,164 $ 192 $ 23,425 $ 92 $ 20,847 $ —
Schedule of finite-lived intangible assets, future amortization expense	Amortization of intangible assets for the years subsequent to December 31, 2024 is expected to be as follows (dollars in thousands): Year ended December 31, 2025 $ 2,726 2026 2,411 2027 2,338 2028 2,255 2029 2,162 Thereafter 5,951 Total $ 17,843

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2024
Deposits [Abstract]
Schedule of company's interest-bearing deposits	The Company’s deposits are summarized below: (dollars in thousands) December 31, 2024 December 31, 2023 Noninterest-bearing deposits $ 1,046,405 $ 1,072,407 Interest-bearing deposits: Interest-bearing demand 1,099,061 1,145,092 Money market 820,825 803,381 Savings 566,533 608,424 Time 785,430 627,253 Brokered — 144,880 Total interest-bearing deposits 3,271,849 3,329,030 Total deposits $ 4,318,254 $ 4,401,437
Schedule of interest expense on deposits	The components of interest expense on deposits were as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Interest-bearing demand $ 5,499 $ 3,130 $ 607 Money market 18,637 7,352 813 Savings 1,621 1,033 208 Time 28,183 10,784 883 Brokered 2,107 2,836 — Total interest expense on deposits $ 56,047 $ 25,135 $ 2,511
Schedule of maturities of time deposits	At December 31, 2024, the scheduled maturities of time deposits are as follows (dollars in thousands): Year ended December 31, 2025 $ 742,741 2026 29,443 2027 7,445 2028 3,582 2029 2,128 Thereafter 91 Total $ 785,430

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	12 Months Ended
	Dec. 31, 2024
Broker-Dealer [Abstract]
Schedule of Information pertaining to securities sold under agreements to repurchase	Information pertaining to securities sold under agreements to repurchase is as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Balance at end of year $ 28,969 $ 42,442 Weighted average rate as of end of year 2.58 % 2.42 % Fair value of securities underlying the agreements $ 34,335 $ 49,303 Carrying value of securities underlying the agreements $ 37,628 $ 52,958

SUBORDINATED NOTES (Tables)

SUBORDINATED NOTES (Tables)	12 Months Ended
	Dec. 31, 2024
Subordinated Borrowings [Abstract]
Schedule of carrying value of subordinated debentures	The face value and carrying value of the subordinated notes are summarized below: (dollars in thousands) December 31, 2024 December 31, 2023 Subordinated notes, at face value $ 40,000 $ 40,000 Unamortized issuance costs (447) (526) Subordinated notes, at carrying value $ 39,553 $ 39,474 The face values and carrying values of the junior subordinated debentures are summarized as follows: Carrying Value (dollars in thousands) Face Value December 31, 2024 December 31, 2023 Heartland Bancorp, Inc. Capital Trust B $ 10,310 $ 10,310 $ 10,310 Heartland Bancorp, Inc. Capital Trust C 10,310 10,310 10,310 Heartland Bancorp, Inc. Capital Trust D 5,155 5,155 5,155 FFBI Capital Trust I 7,217 7,217 7,217 National Bancorp Statutory Trust I 5,773 4,919 4,853 Town and Country Statutory Trust II 4,124 4,374 4,401 Town and Country Statutory Trust III 7,732 7,590 7,578 West Plains Investors Statutory Trust I 3,093 2,974 2,965 Total $ 53,714 $ 52,849 $ 52,789

JUNIOR SUBORDINATED DEBENTURE_2

JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS (Tables)	12 Months Ended
	Dec. 31, 2024
Junior Subordinated Debenture Owed to Unconsolidated Subsidiary Trust [Abstract]
Schedule of carrying value of subordinated debentures	The face value and carrying value of the subordinated notes are summarized below: (dollars in thousands) December 31, 2024 December 31, 2023 Subordinated notes, at face value $ 40,000 $ 40,000 Unamortized issuance costs (447) (526) Subordinated notes, at carrying value $ 39,553 $ 39,474 The face values and carrying values of the junior subordinated debentures are summarized as follows: Carrying Value (dollars in thousands) Face Value December 31, 2024 December 31, 2023 Heartland Bancorp, Inc. Capital Trust B $ 10,310 $ 10,310 $ 10,310 Heartland Bancorp, Inc. Capital Trust C 10,310 10,310 10,310 Heartland Bancorp, Inc. Capital Trust D 5,155 5,155 5,155 FFBI Capital Trust I 7,217 7,217 7,217 National Bancorp Statutory Trust I 5,773 4,919 4,853 Town and Country Statutory Trust II 4,124 4,374 4,401 Town and Country Statutory Trust III 7,732 7,590 7,578 West Plains Investors Statutory Trust I 3,093 2,974 2,965 Total $ 53,714 $ 52,849 $ 52,789
Schedule of interest rates and maturities of the junior subordinated debentures	The interest rates and maturities of the junior subordinated debentures are summarized as follows: Interest Rate at Variable Interest Rate December 31, December 31, Maturity Date Heartland Bancorp, Inc. Capital Trust B SOFR plus 3.01% 7.67 % 8.41 % April 6, 2034 Heartland Bancorp, Inc. Capital Trust C SOFR plus 1.79 6.15 7.18 June 15, 2037 Heartland Bancorp, Inc. Capital Trust D SOFR plus 1.61 5.97 7.00 September 15, 2037 FFBI Capital Trust I SOFR plus 3.06 7.72 8.46 April 6, 2034 National Bancorp Statutory Trust I SOFR plus 3.16 7.52 8.55 December 15, 2037 Town and Country Statutory Trust II SOFR plus 3.05 7.40 8.43 March 17, 2034 Town and Country Statutory Trust III SOFR plus 1.94 6.30 7.33 March 22, 2037 West Plains Investors Statutory Trust I SOFR plus 1.71 6.07 7.10 June 15, 2037

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of fair values of company's derivative instrument assets and liabilities related to interest rate swap contracts	The interest rate swap agreements designated as cash flow hedges were as follows: December 31, 2024 December 31, 2023 (dollars in thousands) Notional Fair Notional Fair Fair value recorded in other assets $ 7,000 $ 38 $ 17,000 $ 322
Schedule of the effect of interest rate contracts designated as cash flow hedges on the consolidated statements of income	The effect of interest rate swap agreements designated as cash flow hedges on the consolidated statements of income was as follows: Location of gross gain (loss) reclassified Amounts of gross gain (loss) Year Ended (dollars in thousands) 2024 2023 2022 Designated as cash flow hedges: Junior subordinated debentures interest expense $ 348 $ 468 $ (126)
Summary of interest rate swap agreements not designated as hedging instruments	The interest rate swap agreements not designated as hedging instruments were as follows: December 31, 2024 December 31, 2023 (dollars in thousands) Notional Fair Notional Fair Fair value recorded in other assets: Interest rate swaps with a commercial borrower counterparty $ — $ — $ — $ — Interest rate swaps with a financial institution counterparty 79,416 5,515 94,497 6,227 Total fair value recorded in other assets $ 79,416 $ 5,515 $ 94,497 $ 6,227 Fair value recorded in other liabilities: Interest rate swaps with a commercial borrower counterparty $ 79,416 $ (5,515) $ 94,497 $ (6,227) Interest rate swaps with a financial institution counterparty — — — — Total fair value recorded in other liabilities $ 79,416 $ (5,515) $ 94,497 $ (6,227)
Summary of the effect of interest rate contracts not designated as hedging instruments recognized in other noninterest income	The effect of interest rate contracts not designated as hedging instruments recognized in other noninterest income on the consolidated statements of income was as follows: Year Ended (dollars in thousands) 2024 2023 2022 Not designated as hedging instruments: Gross gains $ 10,781 $ 11,198 $ 16,002 Gross losses (10,781) (11,198) (16,002) Net gains (losses) $ — $ — $ —
Schedule of derivative instruments	The risk participation agreement matures in 2035 and is summarized as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Risk participation agreements sold Notional amount $ 5,268 $ — Fair value (10) —

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2024
AOCI Attributable to Parent [Abstract]
Schedule of the activity and accumulated balances for components of other comprehensive income (loss)	The following table presents the activity and accumulated balances for components of other comprehensive income (loss): Unrealized Gains (Losses) Derivatives Total (dollars in thousands) Available-for-Sale Held-to-Maturity Balance, December 31, 2021 $ 5,736 $ (3,514) $ (751) $ 1,471 Transfer from available-for-sale to held-to-maturity 7,664 (7,664) — — Other comprehensive income (loss) before reclassifications (105,459) — 1,183 (104,276) Reclassifications — 1,723 126 1,849 Other comprehensive income (loss), before tax (105,459) 1,723 1,309 (102,427) Income tax expense (benefit) (30,061) 491 373 (29,197) Other comprehensive income (loss), after tax (75,398) 1,232 936 (73,230) Balance, December 31, 2022 (61,998) (9,946) 185 (71,759) Other comprehensive income before reclassifications 16,949 — 161 17,110 Reclassifications 1,820 1,954 (468) 3,306 Other comprehensive income (loss), before tax 18,769 1,954 (307) 20,416 Income tax expense (benefit) 5,350 557 (87) 5,820 Other comprehensive income (loss), after tax 13,419 1,397 (220) 14,596 Balance, December 31, 2023 (48,579) (8,549) (35) (57,163) Other comprehensive income before reclassifications 9,023 — 64 9,087 Reclassifications 3,697 1,992 (348) 5,341 Other comprehensive income (loss), before tax 12,720 1,992 (284) 14,428 Income tax expense (benefit) 3,549 562 (81) 4,030 Other comprehensive income (loss), after tax 9,171 1,430 (203) 10,398 Balance, December 31, 2024 (39,408) (7,119) (238) (46,765)

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of allocation of federal and state income taxes between current and deferred portions	Allocation of income tax expense between current and deferred portions is as follows: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Current Federal $ 17,090 $ 12,538 $ 15,194 State 7,517 6,384 7,459 Total current 24,607 18,922 22,653 Deferred Federal 307 2,811 (2,045) State 689 1,006 (874) Total deferred 996 3,817 (2,919) Income tax expense $ 25,603 $ 22,739 $ 19,734
Schedule of effective income tax rate reconciliation	Income tax expense differs from the statutory federal rate due to the following: Year Ended December 31, 2024 2023 2022 (dollars in thousands) Amount Percentage Amount Percentage Amount Percentage Federal income tax, at statutory rate $ 20,450 21.0 % $ 18,602 21.0 % $ 16,000 21.0 % Increase (decrease) resulting from: Federally tax exempt interest income (1,391) (1.4) (1,767) (2.0) (1,618) (2.1) State taxes, net of federal benefit 6,481 6.7 5,838 6.6 5,285 6.9 Other 63 — 66 0.1 67 0.1 Income tax expense $ 25,603 26.3 % $ 22,739 25.7 % $ 19,734 25.9 %
Schedule of components of the net deferred tax asset (liability)	The components of the deferred tax assets and liabilities are as follows: (dollars in thousands) December 31, 2024 December 31, 2023 Deferred tax assets Allowance for credit losses $ 12,523 $ 12,247 Compensation related 3,119 3,230 Deferred loan fees 692 676 Nonaccrual interest 673 596 Foreclosed assets — 18 Goodwill 3 74 Net operating loss carryforward 99 144 Net unrealized losses on debt securities 19,424 23,967 Other purchase accounting adjustments 4,012 5,250 Other 699 575 Total deferred tax assets 41,244 46,777 Deferred tax liabilities Fixed asset depreciation 3,172 3,044 Mortgage servicing rights 5,224 5,306 Intangible assets 4,899 5,584 Prepaid assets 982 816 Other 532 566 Total deferred tax liabilities 14,809 15,316 Net deferred tax asset $ 26,435 $ 31,461

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Schedule of reconciliations of the numerators and denominators used to compute basic and diluted earnings	The following table sets forth the computation of basic and diluted earnings per share: Year Ended December 31, (dollars in thousands) 2024 2023 2022 Numerator: Net income $ 71,780 $ 65,842 $ 56,456 Earnings allocated to participating securities — (36) (66) Numerator for earnings per share - basic and diluted $ 71,780 $ 65,806 $ 56,390 Denominator: Weighted average common shares outstanding 31,590,117 31,626,308 28,853,697 Dilutive effect of outstanding restricted stock units 122,363 111,839 65,619 Weighted average common shares outstanding, including all dilutive potential shares 31,712,480 31,738,147 28,919,316 Earnings per share - Basic $ 2.27 $ 2.08 $ 1.95 Earnings per share - Diluted $ 2.26 $ 2.07 $ 1.95

STOCK-BASED COMPENSATION PLANS

STOCK-BASED COMPENSATION PLANS (Tables)	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
Summary of stock-based compensation expense	The following is a summary of stock-based compensation expense (benefit): Year Ended December 31, (dollars in thousands) 2024 2023 2022 Restricted stock units $ 1,061 $ 1,204 $ 1,334 Performance restricted stock units 691 749 615 Total awards classified as equity 1,752 1,953 1,949 Stock appreciation rights (32) 95 88 Total stock-based compensation expense $ 1,720 $ 2,048 $ 2,037
Schedule of the summary of outstanding restricted stock units	The following is a summary of restricted stock unit activity: Year Ended December 31, 2024 2023 2022 Restricted Weighted Restricted Weighted Restricted Weighted Beginning balance 128,159 $ 19.56 139,986 $ 18.01 109,244 $ 17.27 Granted 51,246 19.06 41,847 22.72 66,995 18.81 Vested (70,540) 18.96 (51,693) 17.91 (34,925) 17.26 Forfeited (262) 19.06 (1,981) 19.55 (1,328) 18.35 Ending balance 108,603 $ 19.71 128,159 $ 19.56 139,986 $ 18.01 The following is a summary of performance restricted stock unit activity: Year Ended December 31, 2024 2023 2022 Performance Weighted Performance Weighted Performance Weighted Beginning balance 79,097 $ 18.25 62,067 $ 17.02 38,344 $ 15.72 Granted 19,933 19.06 17,030 22.72 23,723 19.14 Adjustment for performance condition 14,349 15.53 — — — — Vested (43,046) 15.53 — — — — Forfeited — — — — — — Ending balance 70,333 $ 19.59 79,097 $ 18.25 62,067 $ 17.02
Schedule of the status of stock appreciation rights and changes	The following is a summary of stock appreciation rights activity: Year Ended December 31, 2024 2023 2022 Stock Weighted Stock Weighted Stock Weighted Beginning balance 73,440 $ 16.32 73,440 $ 16.32 97,920 $ 16.32 Granted — — — — — — Exercised — — — — (24,480) 16.32 Expired — — — — — — Forfeited — — — — — — Ending balance 73,440 $ 16.32 73,440 $ 16.32 73,440 $ 16.32
Schedule of assumptions used in valuing stock appreciation rights	The Company uses an option pricing model to value the stock appreciation rights, using the assumptions in the following table. Expected volatility is derived from the historical volatility of the Company’s stock price. December 31, 2024 December 31, 2023 Risk-free interest rate 4.37 % 3.85 % Expected volatility 30.95 % 37.37 % Expected life (in years) 4.7 5.7 Expected dividend yield 3.47 % 3.22 %

REGULATORY CAPITAL (Tables)

REGULATORY CAPITAL (Tables)	12 Months Ended
	Dec. 31, 2024
Banking and Thrift, Other Disclosure [Abstract]
Schedule of the company's and the bank subsidiaries' actual and required capital amounts and ratios	The actual and required capital amounts and ratios of the Company (on a consolidated basis) and the Bank were as follows: December 31, 2024 Actual For Capital To Be Well (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Consolidated HBT Financial, Inc. Total Capital (to Risk Weighted Assets) $ 652,563 16.51 % $ 316,145 8.00 % N/A N/A Tier 1 Capital (to Risk Weighted Assets) 573,203 14.50 237,109 6.00 N/A N/A Common Equity Tier 1 Capital (to Risk Weighted Assets) 521,968 13.21 177,831 4.50 N/A N/A Tier 1 Capital (to Average Assets) 573,203 11.51 199,167 4.00 N/A N/A Heartland Bank and Trust Company Total Capital (to Risk Weighted Assets) $ 635,878 16.11 % $ 315,825 8.00 % $ 394,781 10.00 % Tier 1 Capital (to Risk Weighted Assets) 596,071 15.10 236,869 6.00 315,825 8.00 Common Equity Tier 1 Capital (to Risk Weighted Assets) 596,071 15.10 177,651 4.50 256,608 6.50 Tier 1 Capital (to Average Assets) 596,071 11.98 199,030 4.00 248,787 5.00 December 31, 2023 Actual For Capital To Be Well (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Consolidated HBT Financial, Inc. Total Capital (to Risk Weighted Assets) $ 603,234 15.33 % $ 314,814 8.00 % N/A N/A Tier 1 Capital (to Risk Weighted Assets) 527,964 13.42 236,110 6.00 N/A N/A Common Equity Tier 1 Capital (to Risk Weighted Assets) 476,789 12.12 177,083 4.50 N/A N/A Tier 1 Capital (to Average Assets) 527,964 10.49 201,231 4.00 N/A N/A Heartland Bank and Trust Company Total Capital (to Risk Weighted Assets) $ 586,604 14.92 % $ 314,496 8.00 % $ 393,119 10.00 % Tier 1 Capital (to Risk Weighted Assets) 550,808 14.01 235,872 6.00 314,496 8.00 Common Equity Tier 1 Capital (to Risk Weighted Assets) 550,808 14.01 176,904 4.50 255,528 6.50 Tier 1 Capital (to Average Assets) 550,808 10.96 201,063 4.00 251,329 5.00

FAIR VALUE OF FINANCIAL INSTR_2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Summary of assets measured at fair value on a recurring basis	The following tables summarize assets and liabilities measured at fair value on a recurring basis as of December 31, 2024 and 2023 by level within the fair value hierarchy: December 31, 2024 (dollars in thousands) Level 1 Level 2 Level 3 Total Debt securities available-for-sale: U.S. Treasury $ — $ 111,145 $ — $ 111,145 U.S. government agency — 53,198 — 53,198 Municipal — 130,679 — 130,679 Mortgage-backed: Agency residential — 227,368 — 227,368 Agency commercial — 116,681 — 116,681 Corporate — 58,978 — 58,978 Equity securities with readily determinable fair values 3,315 — — 3,315 Mortgage servicing rights — — 18,827 18,827 Derivative financial assets — 5,553 — 5,553 Derivative financial liabilities — 5,525 — 5,525 December 31, 2023 (dollars in thousands) Level 1 Level 2 Level 3 Total Debt securities available-for-sale: U.S. Treasury $ 148,622 $ — $ — $ 148,622 U.S. government agency — 52,097 — 52,097 Municipal — 205,557 — 205,557 Mortgage-backed: Agency residential — 173,984 — 173,984 Agency commercial — 127,012 — 127,012 Corporate — 52,189 — 52,189 Equity securities with readily determinable fair values 3,360 — — 3,360 Mortgage servicing rights — — 19,001 19,001 Derivative financial assets — 6,549 — 6,549 Derivative financial liabilities — 6,227 — 6,227
Schedule of quantitative information about the unobservable inputs used in recurring Level 3 fair value measurements	The following tables present additional information about the unobservable inputs used in the fair value measurement of the mortgage servicing rights (dollars in thousands): December 31, 2024 Fair Value Valuation Technique Unobservable Inputs Range Mortgage servicing rights $ 18,827 Discounted cash flows Constant pre-payment rates (CPR) 0.8% to 94.3% (7.6%) Discount rate 9.0% to 96.4% (10.4%) December 31, 2023 Fair Value Valuation Technique Unobservable Inputs Range Mortgage servicing rights $ 19,001 Discounted cash flows Constant pre-payment rates (CPR) 6.2% to 49.4% (8.4%) Discount rate 9.0% to 37.3% (9.6%)
Summary of assets measured at fair value on a nonrecurring basis	The following tables summarize assets measured at fair value on a nonrecurring basis as of December 31, 2024 and 2023 by level within the fair value hierarchy: December 31, 2024 (dollars in thousands) Level 1 Level 2 Level 3 Total Loans held for sale $ — $ 1,586 $ — $ 1,586 Collateral-dependent loans — — 27,717 27,717 Bank premises held for sale — — 317 317 Foreclosed assets — — 367 367 December 31, 2023 (dollars in thousands) Level 1 Level 2 Level 3 Total Loans held for sale $ — $ 2,318 $ — $ 2,318 Collateral-dependent loans — — 32,685 32,685 Foreclosed assets — — 852 852
Schedule of quantitative information about the unobservable inputs used in non-recurring Level 3 fair value measurements	The following tables present quantitative information about unobservable inputs used in nonrecurring Level 3 fair value measurements (dollars in thousands): December 31, 2024 Fair Value Valuation Unobservable Inputs Range Collateral-dependent loans $ 27,717 Appraisal of collateral Appraisal adjustments Not meaningful Bank premises held for sale 317 Appraisal Appraisal adjustments 7% (7%) Foreclosed assets 367 Appraisal Appraisal adjustments 7% (7%) December 31, 2023 Fair Value Valuation Technique Unobservable Inputs Range (Weighted Average) Collateral-dependent loans $ 32,685 Appraisal of collateral Appraisal adjustments Not meaningful Foreclosed assets 852 Appraisal Appraisal adjustments 7% (7%)
Summary information on the carrying amounts and estimated fair values of the Company's financial instruments	The following table provides summary information on the carrying amounts and estimated fair values of the Company’s other financial instruments: (dollars in thousands) Fair Value December 31, 2024 December 31, 2023 Carrying Estimated Carrying Estimated Financial assets: Cash and cash equivalents Level 1 $ 137,692 $ 137,692 $ 141,252 $ 141,252 Debt securities held-to-maturity Level 2 499,858 445,186 521,439 466,496 Restricted stock Level 3 5,086 5,086 7,160 7,160 Loans, net Level 3 3,424,102 3,418,318 3,364,369 3,349,540 Investments in unconsolidated subsidiaries Level 3 1,614 1,614 1,614 1,614 Accrued interest receivable Level 2 24,770 24,770 24,534 24,534 Financial liabilities: Time deposits Level 3 785,430 779,997 627,253 619,682 Brokered time deposits Level 3 — — 144,880 144,944 Securities sold under agreements to repurchase Level 2 28,969 28,969 42,442 42,442 FHLB advances Level 3 13,231 13,159 12,623 12,621 Subordinated notes Level 3 39,553 38,316 39,474 36,993 Junior subordinated debentures Level 3 52,849 47,942 52,789 48,529 Accrued interest payable Level 2 5,096 5,096 6,969 6,969

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of commitments and conditional obligations	Such commitments and conditional obligations were as follows: Contractual Amount (dollars in thousands) December 31, 2024 December 31, 2023 Commitments to extend credit $ 845,413 $ 869,013 Standby letters of credit 18,329 23,732

CONDENSED PARENT COMPANY ONLY_2

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]
Schedule of condensed parent company only balance sheets	Condensed Parent Company Only Balance Sheets (dollars in thousands) December 31, 2024 December 31, 2023 ASSETS Cash and cash equivalents $ 16,179 $ 17,214 Investment in subsidiaries: Bank 618,914 563,513 Non-bank 1,614 1,614 Other assets 1,929 2,347 Total assets $ 638,636 $ 584,688 LIABILITIES Subordinated notes $ 39,553 $ 39,474 Junior subordinated debentures 52,849 52,789 Other liabilities 1,629 2,929 Total liabilities 94,031 95,192 STOCKHOLDERS' EQUITY 544,605 489,496 Total liabilities and stockholders' equity $ 638,636 $ 584,688
Schedule of condensed parent company only statements of income	Condensed Parent Company Only Statements of Income Year ended December 31, (dollars in thousands) 2024 2023 2022 INCOME Dividends received from bank subsidiary $ 34,000 $ 64,000 $ 28,000 Undistributed earnings from bank subsidiary 44,684 9,199 35,044 Other income 183 870 51 Total income 78,867 74,069 63,095 EXPENSES Interest expense 5,729 5,409 3,666 Other expense 4,106 5,517 5,292 Total expenses 9,835 10,926 8,958 INCOME BEFORE INCOME TAX BENEFIT 69,032 63,143 54,137 TAX BENEFIT (2,748) (2,699) (2,319) NET INCOME $ 71,780 $ 65,842 $ 56,456
Schedule of condensed parent company only statements of cash flows	Consolidated Parent Company Only Statements of Cash Flow Year ended December 31, (dollars in thousands) 2024 2023 2022 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 71,780 $ 65,842 $ 56,456 Adjustments to reconcile net income to net cash provided by operating activities: Undistributed earnings of consolidated subsidiaries (44,684) (9,199) (35,044) Stock-based compensation 1,752 1,953 1,949 Amortization of discount and issuance costs on subordinated notes and debentures 139 139 145 Net gain on sale of foreclosed assets — (563) — Changes in other assets and liabilities, net (1,105) 360 769 Net cash provided by operating activities 27,882 58,532 24,275 CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from sales of equity securities 20 — — Purchase of foreclosed assets from Heartland Bank — — (2,325) Proceeds from sale of foreclosed assets — 2,888 — Net cash paid for acquisition of Town and Country — (37,523) — Net cash provided by (used in) investing activities 20 (34,635) (2,325) CASH FLOWS FROM FINANCING ACTIVITIES Taxes paid related to the vesting of restricted stock units (331) (181) (57) Repurchase of common stock (4,423) (8,907) (4,783) Cash dividends and dividend equivalents paid (24,183) (21,873) (18,584) Net cash used in financing activities (28,937) (30,961) (23,424) NET DECREASE IN CASH AND EQUIVALENTS (1,035) (7,064) (1,474) CASH AND CASH EQUIVALENTS Beginning of year 17,214 24,278 25,752 End of year $ 16,179 $ 17,214 $ 24,278

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) $ in Thousands		12 Months Ended
	Jan. 01, 2023 USD ($)	Dec. 31, 2024 USD ($) segment subsidiary	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2021 USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of subsidiaries | subsidiary		8
Period of borrower payment performance		6 months
Foreclosed asset, selling costs, percentage of fair value		0.070
Finite-lived intangible asset, useful life (in years)		10 years
Defined contribution plan, employer matching contribution, percent of employees' gross pay		5%
Maximum loss exposure, amount		$ 7,200
Deferred income tax expense (benefit)		$ (996)	$ (3,817)	$ 2,919	$ (3,400)
Deferred other tax expense (benefit)					$ 300
Number of segments | segment		1
Stockholders' equity		$ (544,605)	(489,496)	(373,632)		$ (411,881)
Decrease in deferred tax liabilities		(14,809)	(15,316)
Other assets		46,280	55,239
Other liabilities		35,441	34,909
PCD allowance established in acquisition			1,247
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity		$ (316,764)	(269,051)	(232,004)		$ (194,132)
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity			(116)	6,922
PCD allowance established in acquisition	$ 200
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2023-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Decrease in deferred tax liabilities			100
Other assets			7,200
Other liabilities			7,200
Cumulative Effect, Period of Adoption, Adjustment | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity			(116)	$ 6,922
Cumulative Effect, Period of Adoption, Adjustment | Retained Earnings | Accounting Standards Update 2023-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity			$ (100)

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impact of ASC 326 on the Allowance for Credit Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest	$ 42,044	$ 40,048	$ 25,333	$ 25,333	$ 23,936
Allowance for credit losses on unfunded commitments
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			0
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			6,983	$ 6,983
Cumulative Effect, Period of Adoption, Adjustment | Allowance for credit losses on unfunded commitments
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			2,899
Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			32,316
Cumulative Effect, Period of Adoption, Adjusted Balance | Allowance for credit losses on unfunded commitments
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			2,899
Commercial and industrial
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			3,279
Commercial and industrial | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			(822)
Commercial and industrial | Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			2,457
Commercial real estate - owner occupied
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			1,193
Commercial real estate - owner occupied | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			587
Commercial real estate - owner occupied | Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			1,780
Commercial real estate - non-owner occupied
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			6,721
Commercial real estate - non-owner occupied | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			501
Commercial real estate - non-owner occupied | Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			7,222
Construction and land development
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			4,223
Construction and land development | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			1,969
Construction and land development | Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			6,192
Multi-family
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			1,472
Multi-family | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			85
Multi-family | Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			1,557
One-to-four family residential
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			1,759
One-to-four family residential | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			797
One-to-four family residential | Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			2,556
Agricultural and farmland
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			796
Agricultural and farmland | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			1,567
Agricultural and farmland | Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			2,363
Municipal, consumer, and other
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			5,890
Municipal, consumer, and other | Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			2,299
Municipal, consumer, and other | Cumulative Effect, Period of Adoption, Adjusted Balance
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest			$ 8,189

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($)		3 Months Ended	12 Months Ended
	Feb. 01, 2023	Sep. 30, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
NONINTEREST EXPENSE
Goodwill			$ 59,820,000	$ 59,820,000
Town and Country
NONINTEREST EXPENSE
Percentage of voting interests acquired	100%
Stock consideration per share (shares per share)	1.9010
Cash consideration per share (in dollars per share)	$ 35.66
Business acquisition, equity interest issued or issuable (in shares)	3,378,600
Cash consideration	$ 37,996,000
Share price (in dollars per share)	$ 21.12
Business combination, consideration transferred	$ 109,352,000
Maximum period for refinement of fair values from closing date	1 year
Adjustment, income tax assets and liabilities		$ 100,000
Goodwill	$ 30,498,000		0		$ 0
Acquisition related costs			$ 0	$ 13,691,000	$ 1,092,000

ACQUISITIONS - Acquisition-rela

ACQUISITIONS - Acquisition-related expenses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
NONINTEREST EXPENSE
PROVISION FOR CREDIT LOSSES	$ (3,754,000)	$ (6,665,000)	$ 706,000
NONINTEREST EXPENSE
Salaries	65,130,000	67,453,000	51,767,000
Furniture and equipment	2,004,000	2,790,000	2,476,000
Data processing	11,169,000	12,352,000	7,441,000
Marketing and customer relations	4,320,000	5,043,000	3,803,000
Loan collection and servicing	2,056,000	1,402,000	1,049,000
Total noninterest expense	124,007,000	130,964,000	105,107,000
Town and Country
NONINTEREST EXPENSE
PROVISION FOR CREDIT LOSSES		5,924,000	0
NONINTEREST EXPENSE
Salaries		3,584,000	0
Furniture and equipment		39,000	0
Data processing		2,031,000	304,000
Marketing and customer relations		24,000	0
Loan collection and servicing		125,000	0
Legal fees and other noninterest expense		1,964,000	788,000
Total noninterest expense		7,767,000	1,092,000
Total Town and Country acquisition-related expenses	$ 0	$ 13,691,000	$ 1,092,000

ACQUISITIONS - Assets Acquired

ACQUISITIONS - Assets Acquired and Liabilities (Details) - USD ($) $ in Thousands	Feb. 01, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Consideration paid:
Goodwill		$ 59,820	$ 59,820
Town and Country
Assets acquired:
Cash and cash equivalents	$ 23,542
Interest-bearing time deposits with banks	249
Debt securities	167,869
Equity securities	301
Restricted stock	2,822
Loans held for sale	1,612
Loans, before allowance for credit losses	635,376
Allowance for credit losses	(1,247)
Loans, net of allowance for credit losses	634,129
Bank owned life insurance	15,782
Bank premises and equipment	14,828
Foreclosed assets	271
Intangible assets	22,282
Mortgage servicing rights	10,469
Investments in unconsolidated subsidiaries	449
Accrued interest receivable	3,113
Other assets	8,940
Total assets acquired	906,658
Liabilities assumed:
Deposits	720,417
FHLB advances	86,439
Junior subordinated debentures	14,949
Other liabilities	5,999
Total liabilities assumed	827,804
Net assets acquired	78,854
Consideration paid:
Cash	37,996
Common stock	71,356
Total consideration paid	109,352
Goodwill	$ 30,498	$ 0		$ 0

ACQUISITIONS - PCD loans and su

ACQUISITIONS - PCD loans and subsequent changes (Details) - USD ($) $ in Thousands		11 Months Ended	12 Months Ended
	Feb. 01, 2023	Dec. 31, 2023	Dec. 31, 2023
NONINTEREST EXPENSE
Allowance for credit losses at acquisition			$ (1,247)
Town and Country
NONINTEREST EXPENSE
Unpaid principal balance	$ 89,822
Allowance for credit losses at acquisition	(1,247)
Non-credit discount	(2,218)
Purchase price	$ 86,357
Subsequent adjustment to allowance for credit losses on loans		$ 5,200
Subsequent adjustment to allowance for credit losses on unfunded commitments		$ 700

ACQUISITIONS - Schedule of pro

ACQUISITIONS - Schedule of pro forma (Details) - Town and Country - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
NONINTEREST EXPENSE
Total revenues (net interest income and noninterest income)	$ 230,171	$ 226,229
Net income	$ 66,056	$ 68,417
Earnings per share - basic (in dollars per share)	$ 2.07	$ 2.12
Earnings per share - diluted (in dollars per share)	$ 2.06	$ 2.12

SECURITIES - Amortized cost and

SECURITIES - Amortized cost and Fair values of securities with gross unrealized gains and losses (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Available-for-sale:
Amortized Cost	$ 757,492	$ 831,624
Gross Unrealized Gains	412	99
Gross Unrealized Losses	(59,855)	(72,262)
Allowance for Credit Losses	0	0
Fair Value	698,049	759,461
Held-to-maturity
Amortized Cost	499,858	521,439	$ 114,850
Gross Unrealized Gains	48	394
Gross Unrealized Losses	(54,720)	(55,337)
Fair Value	445,186	466,496	104,131
Allowance for Credit Losses	0	0
U.S. Treasury
Available-for-sale:
Amortized Cost	119,690	159,715
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(8,545)	(11,093)
Allowance for Credit Losses	0	0
Fair Value	111,145	148,622
U.S. government agency
Available-for-sale:
Amortized Cost	55,742	55,359
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(2,544)	(3,262)
Allowance for Credit Losses	0	0
Fair Value	53,198	52,097
Held-to-maturity
Amortized Cost	88,472	88,448	78,841
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(8,819)	(8,292)
Fair Value	79,653	80,156	71,048
Allowance for Credit Losses	0	0
Municipal
Available-for-sale:
Amortized Cost	150,163	229,030
Gross Unrealized Gains	0	26
Gross Unrealized Losses	(19,484)	(23,499)
Allowance for Credit Losses	0	0
Fair Value	130,679	205,557
Held-to-maturity
Amortized Cost	35,862	38,442
Gross Unrealized Gains	48	394
Gross Unrealized Losses	(371)	(163)
Fair Value	35,539	38,673
Allowance for Credit Losses	0	0
Agency residential
Available-for-sale:
Amortized Cost	241,342	188,641
Gross Unrealized Gains	253	61
Gross Unrealized Losses	(14,227)	(14,718)
Allowance for Credit Losses	0	0
Fair Value	227,368	173,984
Held-to-maturity
Amortized Cost	85,643	95,828	8,175
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(5,796)	(5,569)
Fair Value	79,847	90,259	7,651
Allowance for Credit Losses	0	0
Agency commercial
Available-for-sale:
Amortized Cost	128,823	141,214
Gross Unrealized Gains	3	3
Gross Unrealized Losses	(12,145)	(14,205)
Allowance for Credit Losses	0	0
Fair Value	116,681	127,012
Held-to-maturity
Amortized Cost	289,881	298,721	27,834
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(39,734)	(41,313)
Fair Value	250,147	257,408	$ 25,432
Allowance for Credit Losses	0	0
Corporate
Available-for-sale:
Amortized Cost	61,732	57,665
Gross Unrealized Gains	156	9
Gross Unrealized Losses	(2,910)	(5,485)
Allowance for Credit Losses	0	0
Fair Value	$ 58,978	$ 52,189

SECURITIES - Narrative (Details

SECURITIES - Narrative (Details)	12 Months Ended
	Dec. 31, 2024 USD ($) security	Dec. 31, 2023 USD ($)
SECURITIES
Number of securities in an unrealized loss position for a period of twelve months or more | security	615
Number of securities in an unrealized loss position for a period of less than twelve months | security	91
Debt securities, available-for-sale, accrued interest	$ 5,100,000	$ 6,000,000
Impairments of downward adjustments	200,000
Adjustment to carrying value of equity securities with no readily determinable fair value	200,000
Upward adjustment on equity securities with no readily determinable fair value	$ 0	0
Municipal
SECURITIES
Percentage of securities with general obligation issue	72%
Assets Pledged
SECURITIES
Carrying value of securities pledged to secure public and trust deposits	$ 468,800,000	$ 419,400,000

SECURITIES - Amortized cost a_2

SECURITIES - Amortized cost and Fair values of securities with maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Amortized Cost
Due in 1 year or less	$ 45,843
Due after 1 year through 5 years	178,269
Due after 5 years through 10 years	145,184
Due after 10 years	18,031
Total	757,492
Fair Value
Due in 1 year or less	45,201
Due after 1 year through 5 years	165,830
Due after 5 years through 10 years	127,690
Due after 10 years	15,279
Fair Value	698,049	$ 759,461
Amortized Cost
Due in 1 year or less	7,084
Due after 1 year through 5 years	52,350
Due after 5 years through 10 years	62,645
Due after 10 years	2,255
Total	499,858
Fair Value
Due in 1 year or less	7,063
Due after 1 year through 5 years	49,614
Due after 5 years through 10 years	56,321
Due after 10 years	2,194
Fair Value	445,186	466,496	$ 104,131
Agency residential
Amortized Cost
Total	241,342
Fair Value
Fair Value	227,368	173,984
Amortized Cost
Total	85,643
Fair Value
Fair Value	79,847	90,259	7,651
Agency commercial
Amortized Cost
Total	128,823
Fair Value
Fair Value	116,681	127,012
Amortized Cost
Total	289,881
Fair Value
Fair Value	$ 250,147	$ 257,408	$ 25,432

SECURITIES - Investments in a C

SECURITIES - Investments in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Unrealized Loss
Less than 12 Months	$ (2,319)	$ (631)
12 Months or More	(57,536)	(71,631)
Total	(59,855)	(72,262)
Fair Value
Less than 12 Months	96,606	21,648
12 Months or More	568,885	720,834
Total	665,491	742,482
U.S. Treasury
Unrealized Loss
Less than 12 Months	0	0
12 Months or More	(8,545)	(11,093)
Total	(8,545)	(11,093)
Fair Value
Less than 12 Months	0	0
12 Months or More	111,145	148,622
Total	111,145	148,622
U.S. government agency
Unrealized Loss
Less than 12 Months	(141)	(2)
12 Months or More	(2,403)	(3,260)
Total	(2,544)	(3,262)
Fair Value
Less than 12 Months	7,594	168
12 Months or More	45,604	51,910
Total	53,198	52,078
Municipal
Unrealized Loss
Less than 12 Months	(8)	(26)
12 Months or More	(19,476)	(23,473)
Total	(19,484)	(23,499)
Fair Value
Less than 12 Months	2,634	4,749
12 Months or More	127,776	194,287
Total	130,410	199,036
Agency residential
Unrealized Loss
Less than 12 Months	(2,041)	(163)
12 Months or More	(12,186)	(14,555)
Total	(14,227)	(14,718)
Fair Value
Less than 12 Months	81,055	9,354
12 Months or More	129,178	156,785
Total	210,233	166,139
Agency commercial
Unrealized Loss
Less than 12 Months	(125)	(26)
12 Months or More	(12,020)	(14,179)
Total	(12,145)	(14,205)
Fair Value
Less than 12 Months	3,327	3,016
12 Months or More	112,118	123,404
Total	115,445	126,420
Corporate
Unrealized Loss
Less than 12 Months	(4)	(414)
12 Months or More	(2,906)	(5,071)
Total	(2,910)	(5,485)
Fair Value
Less than 12 Months	1,996	4,361
12 Months or More	43,064	45,826
Total	$ 45,060	$ 50,187

SECURITIES - Sale of debt secur

SECURITIES - Sale of debt securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Proceeds from sales	$ 69,174	$ 185,280	$ 0
Gross realized gains	0	0	0
Gross realized losses	$ (3,697)	$ (1,820)	$ 0

SECURITIES - Equity securities

SECURITIES - Equity securities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Readily Determinable Fair Value
Initial cost	$ 3,124	$ 3,143
Cumulative net unrealized gains (losses)	191	217
Carrying value	3,315	3,360
No Readily Determinable Fair Value
Initial cost	2,998	2,840
Cumulative net unrealized gains (losses)	(369)	(335)
Carrying value	$ 2,629	$ 2,505

SECURITIES - Sale and Gain (los

SECURITIES - Sale and Gain (loss) on securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net unrealized gains (losses) on equity securities:
Readily determinable fair value	$ (25)	$ 330	$ (414)
No readily determinable fair value	(34)	(170)	0
Unrealized gains (losses) on equity securities	$ (59)	$ 160	$ (414)

LOANS AND RELATED ALLOWANCE F_3

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Categories of loans (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	$ 3,466,146	$ 3,404,417
Allowance for credit losses	(42,044)	(40,048)	$ (25,333)	$ (25,333)	$ (23,936)
Loans, net of allowance for credit losses	3,424,102	3,364,369
Commercial and industrial
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	428,389	427,800
Allowance for credit losses	(5,357)	(4,980)		(3,279)	(2,440)
Commercial real estate - owner occupied
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	322,316	295,842
Allowance for credit losses	(3,107)	(2,272)		(1,193)	(1,840)
Commercial real estate - non-owner occupied
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	899,565	880,681
Allowance for credit losses	(11,707)	(7,714)		(6,721)	(8,145)
Construction and land development
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	374,657	363,983
Allowance for credit losses	(4,302)	(5,998)		(4,223)	(4,914)
Multi-family
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	431,524	417,923
Allowance for credit losses	(4,331)	(3,837)		(1,472)	(1,263)
One-to-four family residential
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	463,968	491,508
Allowance for credit losses	(3,908)	(5,204)		(1,759)	(1,311)
Agricultural and farmland
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	293,375	287,294
Allowance for credit losses	(1,170)	(975)		(796)	(845)
Municipal, consumer, and other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	252,352	239,386
Allowance for credit losses	$ (8,162)	$ (9,068)		$ (5,890)	$ (3,178)

LOANS AND RELATED ALLOWANCE F_4

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Activity in Allowance (Details) - USD ($) $ in Thousands		12 Months Ended
	Jan. 01, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 25,333	$ 40,048	$ 25,333	$ 23,936
PCD allowance established in acquisition			1,247
Provision for credit losses		3,754	6,665	(706)
Charge-offs		(3,284)	(1,359)	(684)
Recoveries		1,526	1,179	2,787
Ending balance	25,333	42,044	40,048	25,333
Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	3,279	4,980	3,279	2,440
PCD allowance established in acquisition			69
Provision for credit losses		1,677	2,823	88
Charge-offs		(1,448)	(428)	(23)
Recoveries		148	59	774
Ending balance		5,357	4,980	3,279
Commercial real estate - owner occupied
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,193	2,272	1,193	1,840
PCD allowance established in acquisition			127
Provision for credit losses		825	352	(1,653)
Charge-offs		(6)	(5)	(25)
Recoveries		16	18	1,031
Ending balance		3,107	2,272	1,193
Commercial real estate - non-owner occupied
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	6,721	7,714	6,721	8,145
PCD allowance established in acquisition			239
Provision for credit losses		3,407	187	(1,707)
Charge-offs		0	(202)	0
Recoveries		586	268	283
Ending balance		11,707	7,714	6,721
Construction and land development
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	4,223	5,998	4,223	4,914
PCD allowance established in acquisition			240
Provision for credit losses		(1,699)	(487)	(692)
Charge-offs		0	0	0
Recoveries		3	53	1
Ending balance		4,302	5,998	4,223
Multi-family
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,472	3,837	1,472	1,263
PCD allowance established in acquisition			68
Provision for credit losses		682	1,931	209
Charge-offs		(188)	0	0
Recoveries		0	281	0
Ending balance		4,331	3,837	1,472
One-to-four family residential
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,759	5,204	1,759	1,311
PCD allowance established in acquisition			492
Provision for credit losses		(1,438)	2,004	146
Charge-offs		(298)	(34)	(67)
Recoveries		440	186	369
Ending balance		3,908	5,204	1,759
Agricultural and farmland
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	796	975	796	845
PCD allowance established in acquisition			5
Provision for credit losses		246	(1,399)	(49)
Charge-offs		(62)	0	0
Recoveries		11	6	0
Ending balance		1,170	975	796
Municipal, consumer, and other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	5,890	9,068	5,890	3,178
PCD allowance established in acquisition			7
Provision for credit losses		54	1,254	2,952
Charge-offs		(1,282)	(690)	(569)
Recoveries		322	308	329
Ending balance		$ 8,162	9,068	5,890
Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	6,983		6,983
PCD allowance established in acquisition	200
Ending balance	6,983			6,983
Cumulative Effect, Period of Adoption, Adjustment | Commercial and industrial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	(822)		(822)
Ending balance				(822)
Cumulative Effect, Period of Adoption, Adjustment | Commercial real estate - owner occupied
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	587		587
Ending balance				587
Cumulative Effect, Period of Adoption, Adjustment | Commercial real estate - non-owner occupied
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	501		501
Ending balance				501
Cumulative Effect, Period of Adoption, Adjustment | Construction and land development
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,969		1,969
Ending balance				1,969
Cumulative Effect, Period of Adoption, Adjustment | Multi-family
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	85		85
Ending balance				85
Cumulative Effect, Period of Adoption, Adjustment | One-to-four family residential
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	797		797
Ending balance				797
Cumulative Effect, Period of Adoption, Adjustment | Agricultural and farmland
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,567		1,567
Ending balance				1,567
Cumulative Effect, Period of Adoption, Adjustment | Municipal, consumer, and other
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 2,299		$ 2,299
Ending balance				$ 2,299

LOANS AND RELATED ALLOWANCE F_5

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Gross Chargeoffs by Origination Year (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Term Loans by Origination Year
Gross write-offs, year one	$ 421	$ 309
Gross write-offs, year two	1,328	105
Gross write-offs year three	138	13
Gross write-offs, year four	203	17
Gross write-offs, year five	4	42
Gross write-offs, prior	722	65
Revolving Loans	468	808
Revolving Loans Converted to Term	0	0
Total	3,284	1,359	$ 684
Commercial and industrial
Term Loans by Origination Year
Gross write-offs, year one	0	0
Gross write-offs, year two	1,264	0
Gross write-offs year three	75	0
Gross write-offs, year four	0	0
Gross write-offs, year five	0	0
Gross write-offs, prior	11	0
Revolving Loans	98	428
Revolving Loans Converted to Term	0	0
Total	1,448	428	23
Commercial real estate - owner occupied
Term Loans by Origination Year
Gross write-offs, year one	6	0
Gross write-offs, year two	0	5
Gross write-offs year three	0	0
Gross write-offs, year four	0	0
Gross write-offs, year five	0	0
Gross write-offs, prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Total	6	5	25
Commercial real estate - non-owner occupied
Term Loans by Origination Year
Gross write-offs, year one	0	0
Gross write-offs, year two	0	0
Gross write-offs year three	0	0
Gross write-offs, year four	0	0
Gross write-offs, year five	0	31
Gross write-offs, prior	0	0
Revolving Loans	0	171
Revolving Loans Converted to Term	0	0
Total	0	202	0
Construction and land development
Term Loans by Origination Year
Gross write-offs, year one	0	0
Gross write-offs, year two	0	0
Gross write-offs year three	0	0
Gross write-offs, year four	0	0
Gross write-offs, year five	0	0
Gross write-offs, prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Total	0	0	0
Multi-family
Term Loans by Origination Year
Gross write-offs, year one	0	0
Gross write-offs, year two	0	0
Gross write-offs year three	0	0
Gross write-offs, year four	188	0
Gross write-offs, year five	0	0
Gross write-offs, prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Total	188	0	0
One-to-four family residential
Term Loans by Origination Year
Gross write-offs, year one	0	0
Gross write-offs, year two	1	0
Gross write-offs year three	8	0
Gross write-offs, year four	15	0
Gross write-offs, year five	4	1
Gross write-offs, prior	182	33
Revolving Loans	88	0
Revolving Loans Converted to Term	0	0
Total	298	34	67
Agricultural and farmland
Term Loans by Origination Year
Gross write-offs, year one	0	0
Gross write-offs, year two	0	0
Gross write-offs year three	44	0
Gross write-offs, year four	0	0
Gross write-offs, year five	0	0
Gross write-offs, prior	0	0
Revolving Loans	18	0
Revolving Loans Converted to Term	0	0
Total	62	0	0
Municipal, consumer, and other
Term Loans by Origination Year
Gross write-offs, year one	415	309
Gross write-offs, year two	63	100
Gross write-offs year three	11	13
Gross write-offs, year four	0	17
Gross write-offs, year five	0	10
Gross write-offs, prior	529	32
Revolving Loans	264	209
Revolving Loans Converted to Term	0	0
Total	$ 1,282	$ 690	$ 569

LOANS AND RELATED ALLOWANCE F_6

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Recorded investments in loans and the allowance for loan losses (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Dec. 31, 2021
Loan balances:
Collectively evaluated for impairment	$ 3,435,363	$ 3,367,513
Individually evaluated for impairment	30,783	36,904
Total	3,466,146	3,404,417
Allowance for credit losses:
Collectively evaluated for impairment	38,978	35,829
Individually evaluated for impairment	3,066	4,219
Allowance for Credit Losses	42,044	40,048	$ 25,333	$ 25,333	$ 23,936
Commercial and industrial
Loan balances:
Collectively evaluated for impairment	427,737	427,528
Individually evaluated for impairment	652	272
Total	428,389	427,800
Allowance for credit losses:
Collectively evaluated for impairment	5,344	4,960
Individually evaluated for impairment	13	20
Allowance for Credit Losses	5,357	4,980		3,279	2,440
Commercial real estate - owner occupied
Loan balances:
Collectively evaluated for impairment	322,159	295,672
Individually evaluated for impairment	157	170
Total	322,316	295,842
Allowance for credit losses:
Collectively evaluated for impairment	3,107	2,272
Individually evaluated for impairment	0	0
Allowance for Credit Losses	3,107	2,272		1,193	1,840
Commercial real estate - non-owner occupied
Loan balances:
Collectively evaluated for impairment	884,832	865,394
Individually evaluated for impairment	14,733	15,287
Total	899,565	880,681
Allowance for credit losses:
Collectively evaluated for impairment	11,201	6,693
Individually evaluated for impairment	506	1,021
Allowance for Credit Losses	11,707	7,714		6,721	8,145
Construction and land development
Loan balances:
Collectively evaluated for impairment	374,408	363,767
Individually evaluated for impairment	249	216
Total	374,657	363,983
Allowance for credit losses:
Collectively evaluated for impairment	4,269	5,998
Individually evaluated for impairment	33	0
Allowance for Credit Losses	4,302	5,998		4,223	4,914
Multi-family
Loan balances:
Collectively evaluated for impairment	431,432	417,608
Individually evaluated for impairment	92	315
Total	431,524	417,923
Allowance for credit losses:
Collectively evaluated for impairment	4,239	3,837
Individually evaluated for impairment	92	0
Allowance for Credit Losses	4,331	3,837		1,472	1,263
One-to-four family residential
Loan balances:
Collectively evaluated for impairment	459,790	486,049
Individually evaluated for impairment	4,178	5,459
Total	463,968	491,508
Allowance for credit losses:
Collectively evaluated for impairment	3,747	4,957
Individually evaluated for impairment	161	247
Allowance for Credit Losses	3,908	5,204		1,759	1,311
Agricultural and farmland
Loan balances:
Collectively evaluated for impairment	293,240	287,150
Individually evaluated for impairment	135	144
Total	293,375	287,294
Allowance for credit losses:
Collectively evaluated for impairment	1,170	975
Individually evaluated for impairment	0	0
Allowance for Credit Losses	1,170	975		796	845
Municipal, consumer, and other
Loan balances:
Collectively evaluated for impairment	241,765	224,345
Individually evaluated for impairment	10,587	15,041
Total	252,352	239,386
Allowance for credit losses:
Collectively evaluated for impairment	5,901	6,137
Individually evaluated for impairment	2,261	2,931
Allowance for Credit Losses	$ 8,162	$ 9,068		$ 5,890	$ 3,178

LOANS AND RELATED ALLOWANCE F_7

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Amortized cost of collateralized loans (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	$ 30,783	$ 36,904
Allowance for Credit Losses	3,066	4,219
Financing receivable, accrued interest, after allowance for credit loss	$ 19,600	18,400
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Other interest and dividend income
Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	$ 30,783	36,904
Allowance for Credit Losses	3,066	4,219
Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	29,978	36,569
Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	632	76
Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	173	259
Commercial and industrial
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	652	272
Allowance for Credit Losses	13	20
Commercial and industrial | Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	652	272
Allowance for Credit Losses	13	20
Commercial and industrial | Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Commercial and industrial | Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	627	37
Commercial and industrial | Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	25	235
Commercial real estate - owner occupied
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	157	170
Allowance for Credit Losses	0	0
Commercial real estate - owner occupied | Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	157	170
Allowance for Credit Losses	0	0
Commercial real estate - owner occupied | Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	157	170
Commercial real estate - owner occupied | Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Commercial real estate - owner occupied | Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Commercial real estate - non-owner occupied
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	14,733	15,287
Allowance for Credit Losses	506	1,021
Commercial real estate - non-owner occupied | Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	14,733	15,287
Allowance for Credit Losses	506	1,021
Commercial real estate - non-owner occupied | Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	14,733	15,287
Commercial real estate - non-owner occupied | Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Commercial real estate - non-owner occupied | Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Construction and land development
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	249	216
Allowance for Credit Losses	33	0
Construction and land development | Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	249	216
Allowance for Credit Losses	33	0
Construction and land development | Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	249	216
Construction and land development | Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Construction and land development | Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Multi-family
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	92	315
Allowance for Credit Losses	92	0
Multi-family | Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	92	315
Allowance for Credit Losses	92	0
Multi-family | Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	92	315
Multi-family | Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Multi-family | Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
One-to-four family residential
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	4,178	5,459
Allowance for Credit Losses	161	247
One-to-four family residential | Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	4,178	5,459
Allowance for Credit Losses	161	247
One-to-four family residential | Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	4,178	5,459
One-to-four family residential | Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
One-to-four family residential | Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Agricultural and farmland
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	135	144
Allowance for Credit Losses	0	0
Agricultural and farmland | Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	135	144
Allowance for Credit Losses	0	0
Agricultural and farmland | Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	144
Agricultural and farmland | Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	0	0
Agricultural and farmland | Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	135	0
Municipal, consumer, and other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	10,587	15,041
Allowance for Credit Losses	2,261	2,931
Municipal, consumer, and other | Collateral-dependent loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	10,587	15,041
Allowance for Credit Losses	2,261	2,931
Municipal, consumer, and other | Real Estate
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	10,569	14,978
Municipal, consumer, and other | Vehicles
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	5	39
Municipal, consumer, and other | Other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Amortized Cost	$ 13	$ 24

LOANS AND RELATED ALLOWANCE F_8

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Individually evaluated for impairment by category of loans PREADOPTION (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	$ 18,760
With no related allowance:	42,155
Total loans individually evaluated for impairment:	60,915
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	1,073
With no related allowance:	2,875
Total loans individually evaluated for impairment:	3,948
Commercial and industrial
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	204
With no related allowance:	9,568
Total loans individually evaluated for impairment:	9,772
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	18
With no related allowance:	453
Total loans individually evaluated for impairment:	471
Commercial real estate - owner occupied
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	970
With no related allowance:	8,619
Total loans individually evaluated for impairment:	9,589
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	63
With no related allowance:	525
Total loans individually evaluated for impairment:	588
Commercial real estate - non-owner occupied
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	10,943
With no related allowance:	12,636
Total loans individually evaluated for impairment:	23,579
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	740
With no related allowance:	1,278
Total loans individually evaluated for impairment:	2,018
Construction and land development
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	0
With no related allowance:	1,505
Total loans individually evaluated for impairment:	1,505
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	0
With no related allowance:	106
Total loans individually evaluated for impairment:	106
Multi-family
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	0
With no related allowance:	0
Total loans individually evaluated for impairment:	0
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	0
With no related allowance:	0
Total loans individually evaluated for impairment:	0
One-to-four family residential
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	384
With no related allowance:	6,238
Total loans individually evaluated for impairment:	6,622
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	16
With no related allowance:	352
Total loans individually evaluated for impairment:	368
Agricultural and farmland
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	0
With no related allowance:	228
Total loans individually evaluated for impairment:	228
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	0
With no related allowance:	13
Total loans individually evaluated for impairment:	13
Municipal, consumer, and other
Impaired Financing Receivable, Average Recorded Investment [Abstract]
With an allowance recorded:	6,259
With no related allowance:	3,361
Total loans individually evaluated for impairment:	9,620
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
With an allowance recorded:	236
With no related allowance:	148
Total loans individually evaluated for impairment:	$ 384

LOANS AND RELATED ALLOWANCE F_9

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Accretable Yield For Loans PREADOPTION (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Changes in accretable yield for loans acquired with deteriorated credit quality
Beginning balance	$ 413
Reclassification from non-accretable difference	548
Accretion income	(231)
Ending balance	$ 730

LOANS AND RELATED ALLOWANCE _10

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Past Due Status (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	$ 3,466,146	$ 3,404,417
Total Nonaccrual	7,652	7,820
Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	3,454,572	3,393,717
30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	3,918	2,843
90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	4	37
Commercial and industrial
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	428,389	427,800
Total Nonaccrual	652	272
Commercial and industrial | Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	425,859	427,300
Commercial and industrial | 30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	1,878	228
Commercial and industrial | 90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0	0
Commercial real estate - owner occupied
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	322,316	295,842
Total Nonaccrual	157	170
Commercial real estate - owner occupied | Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	321,805	295,672
Commercial real estate - owner occupied | 30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	354	0
Commercial real estate - owner occupied | 90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0	0
Commercial real estate - non-owner occupied
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	899,565	880,681
Total Nonaccrual	1,821	1,835
Commercial real estate - non-owner occupied | Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	897,445	878,591
Commercial real estate - non-owner occupied | 30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	299	255
Commercial real estate - non-owner occupied | 90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0	0
Construction and land development
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	374,657	363,983
Total Nonaccrual	249	216
Construction and land development | Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	373,933	363,735
Construction and land development | 30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	475	32
Construction and land development | 90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0	0
Multi-family
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	431,524	417,923
Total Nonaccrual	92	315
Multi-family | Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	431,432	417,597
Multi-family | 30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0	11
Multi-family | 90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0	0
One-to-four family residential
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	463,968	491,508
Total Nonaccrual	4,178	4,804
One-to-four family residential | Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	459,069	484,969
One-to-four family residential | 30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	721	1,735
One-to-four family residential | 90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0	0
Agricultural and farmland
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	293,375	287,294
Total Nonaccrual	135	144
Agricultural and farmland | Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	293,231	286,820
Agricultural and farmland | 30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	9	330
Agricultural and farmland | 90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0	0
Municipal, consumer, and other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	252,352	239,386
Total Nonaccrual	368	64
Municipal, consumer, and other | Current
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	251,798	239,033
Municipal, consumer, and other | 30 - 89 Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	182	252
Municipal, consumer, and other | 90+ Days Past Due
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	$ 4	$ 37

LOANS AND RELATED ALLOWANCE _11

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Non-accrual loans (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	$ 1,147	$ 538
Nonaccrual With No Allowance for Credit Losses	6,505	7,282
Total Nonaccrual	7,652	7,820
Commercial and industrial
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	185	120
Nonaccrual With No Allowance for Credit Losses	467	152
Total Nonaccrual	652	272
Commercial real estate - owner occupied
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	0	0
Nonaccrual With No Allowance for Credit Losses	157	170
Total Nonaccrual	157	170
Commercial real estate - non-owner occupied
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	0	188
Nonaccrual With No Allowance for Credit Losses	1,821	1,647
Total Nonaccrual	1,821	1,835
Construction and land development
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	216	216
Nonaccrual With No Allowance for Credit Losses	33	0
Total Nonaccrual	249	216
Multi-family
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	92	0
Nonaccrual With No Allowance for Credit Losses	0	315
Total Nonaccrual	92	315
One-to-four family residential
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	654	14
Nonaccrual With No Allowance for Credit Losses	3,524	4,790
Total Nonaccrual	4,178	4,804
Agricultural and farmland
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	0	0
Nonaccrual With No Allowance for Credit Losses	135	144
Total Nonaccrual	135	144
Municipal, consumer, and other
Financing receivable, nonaccrual
Nonaccrual With Allowance for Credit Losses	0	0
Nonaccrual With No Allowance for Credit Losses	368	64
Total Nonaccrual	$ 368	$ 64

LOANS AND RELATED ALLOWANCE _12

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Assigned Risk Ratings (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Jun. 30, 2024	Dec. 31, 2023
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	$ 3,466,146		$ 3,404,417
Internal review threshold		$ 750
Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	3,264,396		3,241,889
Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	83,947		98,206
Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	46,590
Special Mention | Credit Risk Rating Recategorization From Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses		19,500
Special Mention | Credit Risk Rating Recategorization From Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses		$ 10,600
Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	71,213		64,322
Doubtful
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0		0
Commercial and industrial
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	428,389		427,800
Commercial and industrial | Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	404,779		419,494
Commercial and industrial | Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	16,429		7,128
Commercial and industrial | Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	1,957
Commercial and industrial | Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	5,224		1,178
Commercial real estate - owner occupied
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	322,316		295,842
Commercial real estate - owner occupied | Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	297,150		275,649
Commercial real estate - owner occupied | Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	14,969		14,072
Commercial real estate - owner occupied | Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	2,713
Commercial real estate - owner occupied | Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	7,484		6,121
Commercial real estate - non-owner occupied
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	899,565		880,681
Commercial real estate - non-owner occupied | Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	843,487		822,012
Commercial real estate - non-owner occupied | Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	21,594		33,283
Commercial real estate - non-owner occupied | Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	0
Commercial real estate - non-owner occupied | Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	34,484		25,386
Construction and land development
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	374,657		363,983
Construction and land development | Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	351,657		351,087
Construction and land development | Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	1,376		12,604
Construction and land development | Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	20,847
Construction and land development | Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	777		292
Multi-family
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	431,524		417,923
Multi-family | Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	411,842		397,951
Multi-family | Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	3,855		19,656
Multi-family | Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	15,735
Multi-family | Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	92		316
One-to-four family residential
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	463,968		491,508
One-to-four family residential | Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	448,869		472,355
One-to-four family residential | Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	6,641		6,671
One-to-four family residential | Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	710
One-to-four family residential | Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	7,748		12,482
Agricultural and farmland
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	293,375		287,294
Agricultural and farmland | Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	269,926		280,867
Agricultural and farmland | Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	18,154		3,071
Agricultural and farmland | Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	521
Agricultural and farmland | Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	4,774		3,356
Municipal, consumer, and other
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	252,352		239,386
Municipal, consumer, and other | Pass
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	236,686		222,474
Municipal, consumer, and other | Pass-Watch
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	929		1,721
Municipal, consumer, and other | Special Mention
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	4,107
Municipal, consumer, and other | Substandard
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Loans, before allowance for credit losses	$ 10,630		$ 15,191

LOANS AND RELATED ALLOWANCE _13

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Loans risk-rated by origination year (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Term Loans by Origination Year
Financing receivable year one	$ 643,972	$ 710,341
Financing receivable year two	508,848	779,973
Financing receivable year three	652,322	649,375
Financing receivable year four	556,015	355,745
Financing receivable year five	308,110	198,968
Prior	316,089	252,747
Revolving Loans	465,285	438,298
Revolving Loans Converted to Term	15,505	18,970
Total	3,466,146	3,404,417
Pass
Term Loans by Origination Year
Financing receivable year one	595,514	679,058
Financing receivable year two	489,980	750,068
Financing receivable year three	626,701	631,765
Financing receivable year four	529,173	340,462
Financing receivable year five	290,490	188,459
Prior	281,543	216,516
Revolving Loans	439,344	422,824
Revolving Loans Converted to Term	11,651	12,737
Total	3,264,396	3,241,889
Pass-Watch
Term Loans by Origination Year
Financing receivable year one	14,246	13,504
Financing receivable year two	6,118	27,776
Financing receivable year three	13,473	14,493
Financing receivable year four	8,920	11,308
Financing receivable year five	3,897	6,890
Prior	12,400	6,120
Revolving Loans	22,449	15,079
Revolving Loans Converted to Term	2,444	3,036
Total	83,947	98,206
Special Mention
Term Loans by Origination Year
Financing receivable year one	8,947
Financing receivable year two	368
Financing receivable year three	9,022
Financing receivable year four	13,012
Financing receivable year five	8,917
Prior	4,107
Revolving Loans	2,217
Revolving Loans Converted to Term	0
Total	46,590
Substandard
Term Loans by Origination Year
Financing receivable year one	25,265	17,779
Financing receivable year two	12,382	2,129
Financing receivable year three	3,126	3,117
Financing receivable year four	4,910	3,975
Financing receivable year five	4,806	3,619
Prior	18,039	30,111
Revolving Loans	1,275	395
Revolving Loans Converted to Term	1,410	3,197
Total	71,213	64,322
Commercial and industrial
Term Loans by Origination Year
Financing receivable year one	47,110	93,067
Financing receivable year two	46,511	59,777
Financing receivable year three	46,175	20,502
Financing receivable year four	13,632	27,020
Financing receivable year five	17,913	6,022
Prior	43,172	30,021
Revolving Loans	210,299	188,858
Revolving Loans Converted to Term	3,577	2,533
Total	428,389	427,800
Commercial and industrial | Pass
Term Loans by Origination Year
Financing receivable year one	46,635	90,931
Financing receivable year two	43,007	58,364
Financing receivable year three	44,701	19,283
Financing receivable year four	11,617	26,816
Financing receivable year five	17,913	5,269
Prior	41,397	29,550
Revolving Loans	197,516	187,579
Revolving Loans Converted to Term	1,993	1,702
Total	404,779	419,494
Commercial and industrial | Pass-Watch
Term Loans by Origination Year
Financing receivable year one	475	2,025
Financing receivable year two	1,310	1,340
Financing receivable year three	186	892
Financing receivable year four	1,121	144
Financing receivable year five	0	753
Prior	1,775	471
Revolving Loans	10,613	956
Revolving Loans Converted to Term	949	547
Total	16,429	7,128
Commercial and industrial | Special Mention
Term Loans by Origination Year
Financing receivable year one	0
Financing receivable year two	281
Financing receivable year three	272
Financing receivable year four	173
Financing receivable year five	0
Prior	0
Revolving Loans	1,231
Revolving Loans Converted to Term	0
Total	1,957
Commercial and industrial | Substandard
Term Loans by Origination Year
Financing receivable year one	0	111
Financing receivable year two	1,913	73
Financing receivable year three	1,016	327
Financing receivable year four	721	60
Financing receivable year five	0	0
Prior	0	0
Revolving Loans	939	323
Revolving Loans Converted to Term	635	284
Total	5,224	1,178
Commercial real estate - owner occupied
Term Loans by Origination Year
Financing receivable year one	72,720	34,311
Financing receivable year two	24,702	65,258
Financing receivable year three	60,713	62,136
Financing receivable year four	54,835	55,172
Financing receivable year five	41,462	34,206
Prior	45,993	31,210
Revolving Loans	20,823	13,549
Revolving Loans Converted to Term	1,068	0
Total	322,316	295,842
Commercial real estate - owner occupied | Pass
Term Loans by Origination Year
Financing receivable year one	63,546	27,516
Financing receivable year two	23,607	64,229
Financing receivable year three	56,509	55,376
Financing receivable year four	48,867	53,634
Financing receivable year five	39,679	32,469
Prior	44,108	28,876
Revolving Loans	19,766	13,549
Revolving Loans Converted to Term	1,068	0
Total	297,150	275,649
Commercial real estate - owner occupied | Pass-Watch
Term Loans by Origination Year
Financing receivable year one	6,478	4,061
Financing receivable year two	395	943
Financing receivable year three	3,698	5,210
Financing receivable year four	2,111	1,474
Financing receivable year five	542	1,573
Prior	1,374	811
Revolving Loans	371	0
Revolving Loans Converted to Term	0	0
Total	14,969	14,072
Commercial real estate - owner occupied | Special Mention
Term Loans by Origination Year
Financing receivable year one	1,877
Financing receivable year two	0
Financing receivable year three	0
Financing receivable year four	150
Financing receivable year five	0
Prior	0
Revolving Loans	686
Revolving Loans Converted to Term	0
Total	2,713
Commercial real estate - owner occupied | Substandard
Term Loans by Origination Year
Financing receivable year one	819	2,734
Financing receivable year two	700	86
Financing receivable year three	506	1,550
Financing receivable year four	3,707	64
Financing receivable year five	1,241	164
Prior	511	1,523
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Total	7,484	6,121
Commercial real estate - non-owner occupied
Term Loans by Origination Year
Financing receivable year one	118,543	135,722
Financing receivable year two	118,300	247,340
Financing receivable year three	251,824	245,252
Financing receivable year four	226,510	89,247
Financing receivable year five	86,496	88,734
Prior	72,854	48,572
Revolving Loans	23,425	23,859
Revolving Loans Converted to Term	1,613	1,955
Total	899,565	880,681
Commercial real estate - non-owner occupied | Pass
Term Loans by Origination Year
Financing receivable year one	92,125	121,536
Financing receivable year two	108,688	240,323
Financing receivable year three	245,168	237,953
Financing receivable year four	222,479	88,894
Financing receivable year five	84,054	82,094
Prior	65,935	39,228
Revolving Loans	23,425	10,274
Revolving Loans Converted to Term	1,613	1,710
Total	843,487	822,012
Commercial real estate - non-owner occupied | Pass-Watch
Term Loans by Origination Year
Financing receivable year one	3,173	810
Financing receivable year two	421	6,893
Financing receivable year three	6,656	7,013
Financing receivable year four	4,031	353
Financing receivable year five	2,442	4,230
Prior	4,871	154
Revolving Loans	0	13,585
Revolving Loans Converted to Term	0	245
Total	21,594	33,283
Commercial real estate - non-owner occupied | Special Mention
Term Loans by Origination Year
Financing receivable year one	0
Financing receivable year two	0
Financing receivable year three	0
Financing receivable year four	0
Financing receivable year five	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	0
Commercial real estate - non-owner occupied | Substandard
Term Loans by Origination Year
Financing receivable year one	23,245	13,376
Financing receivable year two	9,191	124
Financing receivable year three	0	286
Financing receivable year four	0	0
Financing receivable year five	0	2,410
Prior	2,048	9,190
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Total	34,484	25,386
Construction and land development
Term Loans by Origination Year
Financing receivable year one	181,749	153,652
Financing receivable year two	73,773	129,971
Financing receivable year three	74,011	56,954
Financing receivable year four	33,639	5,596
Financing receivable year five	590	2,662
Prior	797	872
Revolving Loans	8,925	12,213
Revolving Loans Converted to Term	1,173	2,063
Total	374,657	363,983
Construction and land development | Pass
Term Loans by Origination Year
Financing receivable year one	181,274	153,499
Financing receivable year two	73,773	119,005
Financing receivable year three	65,045	56,954
Financing receivable year four	21,542	5,596
Financing receivable year five	590	2,662
Prior	693	796
Revolving Loans	8,228	12,050
Revolving Loans Converted to Term	512	525
Total	351,657	351,087
Construction and land development | Pass-Watch
Term Loans by Origination Year
Financing receivable year one	0	153
Financing receivable year two	0	10,750
Financing receivable year three	0	0
Financing receivable year four	0	0
Financing receivable year five	0	0
Prior	18	0
Revolving Loans	697	163
Revolving Loans Converted to Term	661	1,538
Total	1,376	12,604
Construction and land development | Special Mention
Term Loans by Origination Year
Financing receivable year one	0
Financing receivable year two	0
Financing receivable year three	8,750
Financing receivable year four	12,097
Financing receivable year five	0
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	20,847
Construction and land development | Substandard
Term Loans by Origination Year
Financing receivable year one	475	0
Financing receivable year two	0	216
Financing receivable year three	216	0
Financing receivable year four	0	0
Financing receivable year five	0	0
Prior	86	76
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Total	777	292
Multi-family
Term Loans by Origination Year
Financing receivable year one	56,788	87,009
Financing receivable year two	80,450	88,704
Financing receivable year three	89,390	115,718
Financing receivable year four	101,284	61,947
Financing receivable year five	59,451	34,104
Prior	41,331	24,038
Revolving Loans	2,375	5,904
Revolving Loans Converted to Term	455	499
Total	431,524	417,923
Multi-family | Pass
Term Loans by Origination Year
Financing receivable year one	46,969	83,898
Financing receivable year two	80,450	81,507
Financing receivable year three	88,823	115,402
Financing receivable year four	101,284	53,126
Financing receivable year five	50,652	34,053
Prior	40,839	23,570
Revolving Loans	2,375	5,904
Revolving Loans Converted to Term	450	491
Total	411,842	397,951
Multi-family | Pass-Watch
Term Loans by Origination Year
Financing receivable year one	2,791	3,111
Financing receivable year two	0	7,197
Financing receivable year three	567	0
Financing receivable year four	0	8,821
Financing receivable year five	0	51
Prior	492	468
Revolving Loans	0	0
Revolving Loans Converted to Term	5	8
Total	3,855	19,656
Multi-family | Special Mention
Term Loans by Origination Year
Financing receivable year one	6,936
Financing receivable year two	0
Financing receivable year three	0
Financing receivable year four	0
Financing receivable year five	8,799
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	15,735
Multi-family | Substandard
Term Loans by Origination Year
Financing receivable year one	92	0
Financing receivable year two	0	0
Financing receivable year three	0	316
Financing receivable year four	0	0
Financing receivable year five	0	0
Prior	0	0
Revolving Loans	0	0
Revolving Loans Converted to Term	0	0
Total	92	316
One-to-four family residential
Term Loans by Origination Year
Financing receivable year one	46,321	109,226
Financing receivable year two	88,977	93,449
Financing receivable year three	81,631	83,852
Financing receivable year four	72,773	65,226
Financing receivable year five	58,163	23,235
Prior	50,531	50,211
Revolving Loans	59,596	57,515
Revolving Loans Converted to Term	5,976	8,794
Total	463,968	491,508
One-to-four family residential | Pass
Term Loans by Origination Year
Financing receivable year one	44,914	105,337
Financing receivable year two	87,184	91,636
Financing receivable year three	79,834	82,289
Financing receivable year four	71,466	64,094
Financing receivable year five	57,258	21,986
Prior	43,455	44,241
Revolving Loans	59,446	57,248
Revolving Loans Converted to Term	5,312	5,524
Total	448,869	472,355
One-to-four family residential | Pass-Watch
Term Loans by Origination Year
Financing receivable year one	1,126	2,382
Financing receivable year two	1,271	286
Financing receivable year three	936	940
Financing receivable year four	242	486
Financing receivable year five	405	212
Prior	2,252	1,804
Revolving Loans	134	203
Revolving Loans Converted to Term	275	358
Total	6,641	6,671
One-to-four family residential | Special Mention
Term Loans by Origination Year
Financing receivable year one	0
Financing receivable year two	0
Financing receivable year three	0
Financing receivable year four	592
Financing receivable year five	118
Prior	0
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	710
One-to-four family residential | Substandard
Term Loans by Origination Year
Financing receivable year one	281	1,507
Financing receivable year two	522	1,527
Financing receivable year three	861	623
Financing receivable year four	473	646
Financing receivable year five	382	1,037
Prior	4,824	4,166
Revolving Loans	16	64
Revolving Loans Converted to Term	389	2,912
Total	7,748	12,482
Agricultural and farmland
Term Loans by Origination Year
Financing receivable year one	42,838	53,719
Financing receivable year two	38,402	37,961
Financing receivable year three	34,064	37,042
Financing receivable year four	30,126	37,189
Financing receivable year five	31,556	8,981
Prior	8,517	8,619
Revolving Loans	106,229	100,658
Revolving Loans Converted to Term	1,643	3,125
Total	293,375	287,294
Agricultural and farmland | Pass
Term Loans by Origination Year
Financing receivable year one	42,272	52,766
Financing receivable year two	35,593	37,600
Financing receivable year three	32,146	36,604
Financing receivable year four	28,714	33,960
Financing receivable year five	27,865	8,910
Prior	7,656	7,756
Revolving Loans	94,977	100,486
Revolving Loans Converted to Term	703	2,785
Total	269,926	280,867
Agricultural and farmland | Pass-Watch
Term Loans by Origination Year
Financing receivable year one	100	953
Financing receivable year two	2,671	361
Financing receivable year three	1,424	425
Financing receivable year four	1,403	30
Financing receivable year five	508	71
Prior	861	719
Revolving Loans	10,633	172
Revolving Loans Converted to Term	554	340
Total	18,154	3,071
Agricultural and farmland | Special Mention
Term Loans by Origination Year
Financing receivable year one	134
Financing receivable year two	87
Financing receivable year three	0
Financing receivable year four	0
Financing receivable year five	0
Prior	0
Revolving Loans	300
Revolving Loans Converted to Term	0
Total	521
Agricultural and farmland | Substandard
Term Loans by Origination Year
Financing receivable year one	332	0
Financing receivable year two	51	0
Financing receivable year three	494	13
Financing receivable year four	9	3,199
Financing receivable year five	3,183	0
Prior	0	144
Revolving Loans	319	0
Revolving Loans Converted to Term	386	0
Total	4,774	3,356
Municipal, consumer, and other
Term Loans by Origination Year
Financing receivable year one	77,903	43,635
Financing receivable year two	37,733	57,513
Financing receivable year three	14,514	27,919
Financing receivable year four	23,216	14,348
Financing receivable year five	12,479	1,024
Prior	52,894	59,204
Revolving Loans	33,613	35,742
Revolving Loans Converted to Term	0	1
Total	252,352	239,386
Municipal, consumer, and other | Pass
Term Loans by Origination Year
Financing receivable year one	77,779	43,575
Financing receivable year two	37,678	57,404
Financing receivable year three	14,475	27,904
Financing receivable year four	23,204	14,342
Financing receivable year five	12,479	1,016
Prior	37,460	42,499
Revolving Loans	33,611	35,734
Revolving Loans Converted to Term	0	0
Total	236,686	222,474
Municipal, consumer, and other | Pass-Watch
Term Loans by Origination Year
Financing receivable year one	103	9
Financing receivable year two	50	6
Financing receivable year three	6	13
Financing receivable year four	12	0
Financing receivable year five	0	0
Prior	757	1,693
Revolving Loans	1	0
Revolving Loans Converted to Term	0	0
Total	929	1,721
Municipal, consumer, and other | Special Mention
Term Loans by Origination Year
Financing receivable year one	0
Financing receivable year two	0
Financing receivable year three	0
Financing receivable year four	0
Financing receivable year five	0
Prior	4,107
Revolving Loans	0
Revolving Loans Converted to Term	0
Total	4,107
Municipal, consumer, and other | Substandard
Term Loans by Origination Year
Financing receivable year one	21	51
Financing receivable year two	5	103
Financing receivable year three	33	2
Financing receivable year four	0	6
Financing receivable year five	0	8
Prior	10,570	15,012
Revolving Loans	1	8
Revolving Loans Converted to Term	0	1
Total	$ 10,630	$ 15,191

LOANS AND RELATED ALLOWANCE _14

LOANS AND RELATED ALLOWANCE FOR CREDIT LOSSES - Modifications (Details)	12 Months Ended
	Dec. 31, 2024 USD ($) loan	Dec. 31, 2023 USD ($)
Receivables [Abstract]
Financing receivable, excluding accrued interest, modified in period, loans | loan	1
Financing receivable, excluding accrued interest, modified, accumulated | $	$ 500,000	$ 0

LOAN SERVICING (Details)

LOAN SERVICING (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance	$ 19,001
Ending balance	18,827	$ 19,001
Mortgage Loans
LOANS AND THE ALLOWANCE FOR LOAN LOSSES
Mortgage loans serviced for others	1,550,000	1,660,000
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance	19,001	10,147	$ 7,994
Acquired	0	10,469	0
Capitalized servicing rights	726	726	530
Fair value adjustments attributable to payments and principal reductions	(2,083)	(2,110)	(1,343)
Fair value adjustments attributable to changes in valuation inputs and assumptions	1,183	(231)	2,966
Ending balance	$ 18,827	$ 19,001	$ 10,147

BANK PREMISES AND EQUIPMENT - B

BANK PREMISES AND EQUIPMENT - Bank Premises and Equipment Cost (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Total bank premises and equipment	$ 124,696	$ 120,160
Less accumulated depreciation	57,938	55,010
Bank premises and equipment, net	66,758	65,150
Land, buildings, and improvements
Property, Plant and Equipment [Line Items]
Total bank premises and equipment	98,426	93,955
Furniture, fixtures, and equipment
Property, Plant and Equipment [Line Items]
Total bank premises and equipment	$ 26,270	$ 26,205

BANK PREMISES AND EQUIPMENT - D

BANK PREMISES AND EQUIPMENT - Depreciation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total depreciation expense	$ 2,944	$ 3,108	$ 3,043
Buildings and improvements
Property, Plant and Equipment [Line Items]
Total depreciation expense	1,990	1,879	1,623
Furniture, fixtures, and equipment
Property, Plant and Equipment [Line Items]
Total depreciation expense	$ 954	$ 1,229	$ 1,420

FORECLOSED ASSETS - Activity (D

FORECLOSED ASSETS - Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Real Estate Acquired Through Foreclosure [Roll Forward]
Beginning balance	$ 852	$ 3,030	$ 3,278
Acquired	0	271	0
Transfers from loans	889	1,143	541
Proceeds from sales	(1,396)	(4,093)	(475)
Net gain on sales	112	764	118
Direct write-downs	(90)	(263)	(432)
Ending balance	$ 367	$ 852	$ 3,030

FORECLOSED ASSETS - Gains (loss

FORECLOSED ASSETS - Gains (losses) on Foreclosed Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Other Real Estate, Foreclosed Assets, and Repossessed Assets [Abstract]
Direct write-downs	$ (90)	$ (263)	$ (432)
Net gain on sales	112	764	118
Gains (losses) on foreclosed assets	$ 22	$ 501	$ (314)

FORECLOSED ASSETS - Additional

FORECLOSED ASSETS - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) loan	Dec. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
FORECLOSED ASSETS
Carrying value of foreclosed asset	$ 367	$ 852	$ 3,030	$ 3,278
One-to-four family residential real estate property
FORECLOSED ASSETS
Carrying value of foreclosed asset	$ 300	$ 100
Number of loans in the process of foreclosure | loan	19	16
Loan amount in the process of foreclosure	$ 1,800	$ 1,200

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Feb. 01, 2023	Dec. 31, 2022
Goodwill [Line Items]
Goodwill	$ 59,820	$ 59,820
Town and Country
Goodwill [Line Items]
Goodwill	$ 0		$ 30,498	$ 0

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule Of Goodwill And Finite Lived Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Roll Forward]
Beginning balance	$ 20,682
Amortization	(2,839)	$ (2,670)	$ (873)
Ending balance	17,843	20,682
Core Deposit Intangible
Finite-Lived Intangible Assets [Roll Forward]
Beginning balance	19,774	1,070	1,943
Additions	0	21,282	0
Amortization	(2,739)	(2,578)	(873)
Ending balance	17,035	19,774	1,070
Accumulated amortization	26,164	23,425	20,847
Customer Relationship Intangible
Finite-Lived Intangible Assets [Roll Forward]
Beginning balance	908	0	0
Additions	0	1,000	0
Amortization	(100)	(92)	0
Ending balance	808	908	0
Accumulated amortization	$ 192	$ 92	$ 0

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Amortization (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
2025	$ 2,726
2026	2,411
2027	2,338
2028	2,255
2029	2,162
Thereafter	5,951
Total	$ 17,843	$ 20,682

DEPOSITS - Interest bearing Dep

DEPOSITS - Interest bearing Deposits, Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
DEPOSITS
Noninterest-bearing	$ 1,046,405	$ 1,072,407
Interest-bearing deposits:
Interest-bearing demand	1,099,061	1,145,092
Money market	820,825	803,381
Savings	566,533	608,424
Time	785,430	627,253
Brokered	0	144,880
Total interest-bearing deposits	3,271,849	3,329,030
Total deposits	$ 4,318,254	$ 4,401,437

DEPOSITS - Interest bearing D_2

DEPOSITS - Interest bearing Deposits - Narrative (Detail) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Deposits [Abstract]
Reciprocal transaction deposits, Interest bearing demand deposits	$ 229.4	$ 236.8
Time deposits, at or above FDIC insurance limit	202.2	130.2
Time deposits in denominations of $100,000 or more	$ 455.2	$ 342.8

DEPOSITS - Interest expense on

DEPOSITS - Interest expense on Deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Deposits [Abstract]
Interest-bearing demand	$ 5,499	$ 3,130	$ 607
Money market	18,637	7,352	813
Savings	1,621	1,033	208
Time	28,183	10,784	883
Brokered	2,107	2,836	0
Total interest expense on deposits	$ 56,047	$ 25,135	$ 2,511

DEPOSITS - Scheduled Maturities

DEPOSITS - Scheduled Maturities Of Time Deposits (Details) $ in Thousands	Dec. 31, 2024 USD ($)
Deposits [Abstract]
2025	$ 742,741
2026	29,443
2027	7,445
2028	3,582
2029	2,128
Thereafter	91
Total	$ 785,430

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Broker-Dealer [Abstract]
Securities sold under agreements to repurchase	$ 28,969	$ 42,442
Weighted average rate as of end of year	2.58%	2.42%
Fair value of securities underlying the agreements	$ 34,335	$ 49,303
Carrying value of securities underlying the agreements	$ 37,628	$ 52,958

BORROWINGS (Details)

BORROWINGS (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
FHLB borrowings	$ 13,231	$ 12,623
Weighted average rate	0.54%	0.55%
Securities pledged, served as collateral	$ 1,910,000	$ 1,200,000
Credit exposure collateral	400	400
Collateral amount	108,000	$ 9,800
Letter of Credit | Secured Debt
Debt Instrument [Line Items]
Debt	$ 70,000

SUBORDINATED NOTES - Narrative

SUBORDINATED NOTES - Narrative (Details) - Subordinated notes - USD ($) $ in Thousands	Sep. 03, 2020	Dec. 31, 2024	Dec. 31, 2023
SUBORDINATED NOTES
Subordinated notes, at face value	$ 40,000	$ 40,000	$ 40,000
Fixed interest rate	4.50%
Initial term after issuance	5 years
Spread on interest rate basis	4.37%
Subsequent term	5 years
Debt issuance costs	$ 800
Amortization period of debt issuance costs	10 years
Qualifies as Tier 2 capital		100%	100%

SUBORDINATED NOTES - Summary (D

SUBORDINATED NOTES - Summary (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Sep. 03, 2020
SUBORDINATED NOTES
Subordinated notes, at carrying value	$ 39,553	$ 39,474
Subordinated notes
SUBORDINATED NOTES
Subordinated notes, at face value	40,000	40,000	$ 40,000
Unamortized issuance costs	(447)	(526)
Subordinated notes, at carrying value	$ 39,553	$ 39,474

JUNIOR SUBORDINATED DEBENTURE_3

JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS - Narrative (Details)	12 Months Ended
	Dec. 31, 2024 trust period	Dec. 31, 2023
Debt Instrument [Line Items]
Number of subsidiary business trusts | trust	8
Maximum deferred interest period quarters | period	20
Period shorten the maturity date from the event	90 days
Trust preferred securities qualified as Tier 1 capital	100%	100%

JUNIOR SUBORDINATED DEBENTURE_4

JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS - Carrying Values (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
SUBORDINATED NOTES
Junior subordinated debentures	$ 52,849	$ 52,789
Junior subordinated debentures
SUBORDINATED NOTES
Subordinated notes, at face value	53,714
Junior subordinated debentures	52,849	52,789
Junior subordinated debentures | Heartland Bancorp, Inc. Capital Trust B
SUBORDINATED NOTES
Subordinated notes, at face value	10,310
Junior subordinated debentures	10,310	10,310
Junior subordinated debentures | Heartland Bancorp, Inc. Capital Trust C
SUBORDINATED NOTES
Subordinated notes, at face value	10,310
Junior subordinated debentures	10,310	10,310
Junior subordinated debentures | Heartland Bancorp, Inc. Capital Trust D
SUBORDINATED NOTES
Subordinated notes, at face value	5,155
Junior subordinated debentures	5,155	5,155
Junior subordinated debentures | FFBI Capital Trust I
SUBORDINATED NOTES
Subordinated notes, at face value	7,217
Junior subordinated debentures	7,217	7,217
Junior subordinated debentures | National Bancorp Statutory Trust I
SUBORDINATED NOTES
Subordinated notes, at face value	5,773
Junior subordinated debentures	4,919	4,853
Junior subordinated debentures | Town and Country Statutory Trust II
SUBORDINATED NOTES
Subordinated notes, at face value	4,124
Junior subordinated debentures	4,374	4,401
Junior subordinated debentures | Town and Country Statutory Trust III
SUBORDINATED NOTES
Subordinated notes, at face value	7,732
Junior subordinated debentures	7,590	7,578
Junior subordinated debentures | West Plains Investors Statutory Trust I
SUBORDINATED NOTES
Subordinated notes, at face value	3,093
Junior subordinated debentures	$ 2,974	$ 2,965

JUNIOR SUBORDINATED DEBENTURE_5

JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS - Interest rate and maturities (Details)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Heartland Bancorp, Inc. Capital Trust B
SUBORDINATED NOTES
Spread on interest rate basis	3.01%
Interest Rate	7.67%	8.41%
Heartland Bancorp, Inc. Capital Trust C
SUBORDINATED NOTES
Spread on interest rate basis	1.79%
Interest Rate	6.15%	7.18%
Heartland Bancorp, Inc. Capital Trust D
SUBORDINATED NOTES
Spread on interest rate basis	1.61%
Interest Rate	5.97%	7%
FFBI Capital Trust I
SUBORDINATED NOTES
Spread on interest rate basis	3.06%
Interest Rate	7.72%	8.46%
National Bancorp Statutory Trust I
SUBORDINATED NOTES
Spread on interest rate basis	3.16%
Interest Rate	7.52%	8.55%
Town and Country Statutory Trust II
SUBORDINATED NOTES
Spread on interest rate basis	3.05%
Interest Rate	7.40%	8.43%
Town and Country Statutory Trust III
SUBORDINATED NOTES
Spread on interest rate basis	1.94%
Interest Rate	6.30%	7.33%
West Plains Investors Statutory Trust I
SUBORDINATED NOTES
Spread on interest rate basis	1.71%
Interest Rate	6.07%	7.10%

DERIVATIVE FINANCIAL INSTRUME_3

DERIVATIVE FINANCIAL INSTRUMENTS - Derivative instrument assets and liabilities (Details) - Designated as Hedging Instrument - Interest Rate Swap - Cash Flow Hedging - Other Assets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
DERIVATIVE FINANCIAL INSTRUMENTS
Derivative asset notional amount	$ 7,000	$ 17,000
Fair value recorded in other assets	$ 38	$ 322

DERIVATIVE FINANCIAL INSTRUME_4

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) $ in Millions	Dec. 31, 2023 USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Cash pledged	$ 0.6

DERIVATIVE FINANCIAL INSTRUME_5

DERIVATIVE FINANCIAL INSTRUMENTS - Interest rate contracts designated as cash flow hedges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash Flow Hedging | Interest Expense
DERIVATIVE FINANCIAL INSTRUMENTS
Amounts of gross gain (loss) reclassified from accumulated other comprehensive income (loss)	$ 348	$ 468	$ (126)

DERIVATIVE FINANCIAL INSTRUME_6

DERIVATIVE FINANCIAL INSTRUMENTS - Interest rate contracts not designated as hedging instruments (Details) - Not Designated as Hedging Instrument - Interest Rate Swap - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Other Assets
DERIVATIVE FINANCIAL INSTRUMENTS
Derivative asset notional amount	$ 79,416	$ 94,497
Derivative financial assets	5,515	6,227
Other Assets | Interest rate swaps with a commercial borrower counterparty
DERIVATIVE FINANCIAL INSTRUMENTS
Derivative asset notional amount	0	0
Derivative financial assets	0	0
Other Assets | Interest rate swaps with a financial institution counterparty
DERIVATIVE FINANCIAL INSTRUMENTS
Derivative asset notional amount	79,416	94,497
Derivative financial assets	5,515	6,227
Other Liabilities
DERIVATIVE FINANCIAL INSTRUMENTS
Derivative liability notional amount	79,416	94,497
Derivative financial liabilities fair value	(5,515)	(6,227)
Other Liabilities | Interest rate swaps with a commercial borrower counterparty
DERIVATIVE FINANCIAL INSTRUMENTS
Derivative liability notional amount	79,416	94,497
Derivative financial liabilities fair value	(5,515)	(6,227)
Other Liabilities | Interest rate swaps with a financial institution counterparty
DERIVATIVE FINANCIAL INSTRUMENTS
Derivative liability notional amount	0	0
Derivative financial liabilities fair value	$ 0	$ 0

DERIVATIVE FINANCIAL INSTRUME_7

DERIVATIVE FINANCIAL INSTRUMENTS- Summary of the effect of interest rate contracts not designated as hedging instruments recognized in other noninterest income (Details) - Interest Rate Swap - Not Designated as Hedging Instrument - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
DERIVATIVE FINANCIAL INSTRUMENTS
Gross gains			$ 10,781	$ 11,198	$ 16,002
Derivative, Gain, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other income	Other income	Other income	Other income
Gross losses			$ (10,781)	$ (11,198)	(16,002)
Derivative, Loss, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other income	Other income	Other income	Other income
Net gains (losses)			$ 0	$ 0	$ 0

DERIVATIVE FINANCIAL INSTRUME_8

DERIVATIVE FINANCIAL INSTRUMENTS- Risk Participation Agreements (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional amount	$ 5,268	$ 0
Fair value	$ (10)	$ 0

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ 489,496	$ 373,632	$ 411,881
Transfer from available-for-sale to held-to-maturity			0
Other comprehensive income before reclassifications	9,087	17,110	(104,276)
Reclassifications	5,341	3,306	1,849
Other comprehensive income (loss), before tax	14,428	20,416	(102,427)
Income tax expense (benefit)	4,030	5,820	(29,197)
Other comprehensive income (loss), after tax	10,398	14,596	(73,230)
Ending balance	544,605	489,496	373,632
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(57,163)	(71,759)	1,471
Ending balance	(46,765)	(57,163)	(71,759)
Available-for-Sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(48,579)	(61,998)	5,736
Transfer from available-for-sale to held-to-maturity			7,664
Other comprehensive income before reclassifications	9,023	16,949	(105,459)
Reclassifications	3,697	1,820	0
Other comprehensive income (loss), before tax	12,720	18,769	(105,459)
Income tax expense (benefit)	3,549	5,350	(30,061)
Other comprehensive income (loss), after tax	9,171	13,419	(75,398)
Ending balance	(39,408)	(48,579)	(61,998)
Held-to-Maturity
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(8,549)	(9,946)	(3,514)
Transfer from available-for-sale to held-to-maturity			(7,664)
Other comprehensive income before reclassifications	0	0	0
Reclassifications	1,992	1,954	1,723
Other comprehensive income (loss), before tax	1,992	1,954	1,723
Income tax expense (benefit)	562	557	491
Other comprehensive income (loss), after tax	1,430	1,397	1,232
Ending balance	(7,119)	(8,549)	(9,946)
Derivatives
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(35)	185	(751)
Transfer from available-for-sale to held-to-maturity			0
Other comprehensive income before reclassifications	64	161	1,183
Reclassifications	(348)	(468)	126
Other comprehensive income (loss), before tax	(284)	(307)	1,309
Income tax expense (benefit)	(81)	(87)	373
Other comprehensive income (loss), after tax	(203)	(220)	936
Ending balance	$ (238)	$ (35)	$ 185

INCOME TAXES - Allocation (Deta

INCOME TAXES - Allocation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current
Federal	$ 17,090	$ 12,538	$ 15,194
State	7,517	6,384	7,459
Total current	24,607	18,922	22,653
Deferred
Federal	307	2,811	(2,045)
State	689	1,006	(874)
Total deferred	996	3,817	(2,919)
Income tax expense	$ 25,603	$ 22,739	$ 19,734

INCOME TAXES - Federal income t

INCOME TAXES - Federal income tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Federal income tax expense:
Federal income tax, at statutory rate	$ 20,450	$ 18,602	$ 16,000
Federal income tax, at statutory rate (as a percent)	21%	21%	21%
Increase (decrease) resulting from:
Federally tax exempt interest income	$ (1,391)	$ (1,767)	$ (1,618)
Federally tax exempt interest income (as a percent)	(1.40%)	(2.00%)	(2.10%)
State taxes, net of federal benefit	$ 6,481	$ 5,838	$ 5,285
State taxes, net of federal benefit (as a percent)	6.70%	6.60%	6.90%
Other	$ 63	$ 66	$ 67
Other (as a percent)	0%	0.10%	0.10%
Income tax expense	$ 25,603	$ 22,739	$ 19,734
Total (as a percent)	26.30%	25.70%	25.90%

INCOME TAXES - Components of ne

INCOME TAXES - Components of net deferred tax asset (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Deferred tax assets
Allowance for credit losses	$ 12,523	$ 12,247
Compensation related	3,119	3,230
Deferred loan fees	692	676
Nonaccrual interest	673	596
Foreclosed assets	0	18
Goodwill	3	74
Net operating loss carryforward	99	144
Net unrealized losses on debt securities	19,424	23,967
Deferred Tax Assets Other Purchase Accounting Adjustments	4,012	5,250
Other	699	575
Total deferred tax assets	41,244	46,777
Deferred tax liabilities
Fixed asset depreciation	3,172	3,044
Mortgage servicing rights	5,224	5,306
Intangible assets	4,899	5,584
Prepaid assets	982	816
Other	532	566
Total deferred tax liabilities	14,809	15,316
Net deferred tax asset (liability)	$ 26,435	$ 31,461

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Income Tax Contingency [Line Items]
Net operating loss carryforward	$ 99	$ 144
Illinois Department Of Revenue
Income Tax Contingency [Line Items]
Net operating loss carryforward	$ 1,300

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Numerator:
Net income	$ 71,780	$ 65,842	$ 56,456
Earnings allocated to participating securities	0	(36)	(66)
Numerator for earnings per share - basic	71,780	65,806	56,390
Numerator for earnings per share - diluted	$ 71,780	$ 65,806	$ 56,390
Denominator:
Weighted average shares of common stock outstanding (in shares)	31,590,117	31,626,308	28,853,697
Dilutive effect of outstanding restricted stock units (in shares)	122,363	111,839	65,619
Weighted average common shares outstanding, including all dilutive potential shares (in shares)	31,712,480	31,738,147	28,919,316
Earnings per share - BASIC (in dollars per share)	$ 2.27	$ 2.08	$ 1.95
Earnings per share - DILUTED (in dollars per share)	$ 2.26	$ 2.07	$ 1.95

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Retirement Benefits [Abstract]
Contribution expense	$ 1.8	$ 1.7	$ 1.3
Employees contributions vesting period	6 years	6 years	6 years
Medical benefits expense amount	$ 7.8	$ 6.2	$ 4.9

STOCK-BASED COMPENSATION PLAN_2

STOCK-BASED COMPENSATION PLANS - Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Feb. 28, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
STOCK-BASED COMPENSATION PLANS
Vesting percentage of unvested restricted stock units and performance restricted stock units, if retirement eligibility requirements are met	100%
Share-based payment arrangement, accelerated cost	$ 600
Restricted stock units
STOCK-BASED COMPENSATION PLANS
Number of shares participant is entitled to receive (in shares)		1
Fair value of units granted		$ 1,000	$ 1,000	$ 1,300
Intrinsic value of restricted stock units		1,400	1,100	700
Unrecognized compensation cost related to non-vested stock-based compensation agreements		$ 900
Weighted average remaining service period		1 year 6 months
Performance restricted stock units
STOCK-BASED COMPENSATION PLANS
Intrinsic value of restricted stock units		$ 800
Unrecognized compensation cost related to non-vested stock-based compensation agreements		$ 400
Weighted average remaining service period		1 year 2 months 12 days
Performance restricted stock units | Share-Based Payment Arrangement, Employee
STOCK-BASED COMPENSATION PLANS
Fair value of units granted		$ 400	400	$ 500
Performance restricted stock units | Minimum
STOCK-BASED COMPENSATION PLANS
Percentage of the number of units granted that may be earned		0%
Performance restricted stock units | Maximum
STOCK-BASED COMPENSATION PLANS
Percentage of the number of units granted that may be earned		150%
Stock appreciation rights
STOCK-BASED COMPENSATION PLANS
Unrecognized compensation cost related to non-vested stock-based compensation agreements		$ 0
Stock appreciation rights plan liability recorded for the outstanding units		$ 500	600
Stock appreciation rights plan liability recorded for the previously exercised units			$ 200
Weighted average remaining contractual term		4 years 3 months 18 days
Omnibus Incentive Plan
STOCK-BASED COMPENSATION PLANS
Authorized number of shares (in shares)		1,820,000

STOCK-BASED COMPENSATION PLAN_3

STOCK-BASED COMPENSATION PLANS - Summary of stock-based compensation expense (benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
STOCK-BASED COMPENSATION PLANS
Total stock-based compensation expense	$ 1,720	$ 2,048	$ 2,037
Restricted stock units
STOCK-BASED COMPENSATION PLANS
Total stock-based compensation expense	1,061	1,204	1,334
Performance restricted stock units
STOCK-BASED COMPENSATION PLANS
Total stock-based compensation expense	691	749	615
Total awards classified as equity
STOCK-BASED COMPENSATION PLANS
Total stock-based compensation expense	1,752	1,953	1,949
Stock appreciation rights
STOCK-BASED COMPENSATION PLANS
Total stock-based compensation expense	$ (32)	$ 95	$ 88

STOCK-BASED COMPENSATION PLAN_4

STOCK-BASED COMPENSATION PLANS - Summary of equity award activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Stock-based compensation plans
Expirations (in shares)			0
Weighted Average Grant Date Assigned Value
Expired (in dollars per share)			$ 0
Restricted stock units
Stock-based compensation plans
Outstanding (in shares)	128,159	139,986	109,244
Granted (in shares)	51,246	41,847	66,995
Exercised (in shares)	(70,540)	(51,693)	(34,925)
Forfeited (in shares)	(262)	(1,981)	(1,328)
Outstanding (in shares)	108,603	128,159	139,986
Weighted Average Grant Date Assigned Value
Outstanding (in dollars per share)	$ 19.56	$ 18.01	$ 17.27
Granted (in dollars per share)	19.06	22.72	18.81
Exercised (in dollars per share)	18.96	17.91	17.26
Forfeited (in dollars per share)	19.06	19.55	18.35
Outstanding (in dollars per share)	$ 19.71	$ 19.56	$ 18.01
Performance restricted stock units
Stock-based compensation plans
Outstanding (in shares)	79,097	62,067	38,344
Granted (in shares)	19,933	17,030	23,723
Adjustment for performance condition (in shares)	14,349	0
Vested (in shares)	(43,046)	0	0
Forfeited (in shares)	0	0	0
Outstanding (in shares)	70,333	79,097	62,067
Weighted Average Grant Date Assigned Value
Outstanding (in dollars per share)	$ 18.25	$ 17.02	$ 15.72
Granted (in dollars per share)	19.06	22.72	19.14
Adjustment for performance condition (in dollars per share)	15.53	0
Vested (in dollars per share)	15.53	0	0
Forfeited (in dollars per share)	0	0	0
Outstanding (in dollars per share)	$ 19.59	$ 18.25	$ 17.02
Stock appreciation rights
Stock-based compensation plans
Outstanding (in shares)	73,440	73,440	97,920
Granted (in shares)	0	0	0
Exercised (in shares)	0	0	(24,480)
Expirations (in shares)	0	0
Forfeited (in shares)	0	0	0
Outstanding (in shares)	73,440	73,440	73,440
Weighted Average Grant Date Assigned Value
Outstanding (in dollars per share)	$ 16.32	$ 16.32	$ 16.32
Granted (in dollars per share)	0	0	0
Exercised (in dollars per share)	0	0	16.32
Expired (in dollars per share)	0	0
Forfeited (in dollars per share)	0	0	0
Outstanding (in dollars per share)	$ 16.32	$ 16.32	$ 16.32
Weighted average remaining contractual term	4 years 3 months 18 days

STOCK-BASED COMPENSATION PLAN_5

STOCK-BASED COMPENSATION PLANS - Summary of assumptions used (Details) - Stock appreciation rights	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2024
STOCK-BASED COMPENSATION PLANS
Risk-free interest rate	3.85%	4.37%
Expected volatility	37.37%	30.95%
Expected life (in years)	5 years 8 months 12 days	4 years 8 months 12 days
Expected dividend yield	3.22%	3.47%

REGULATORY CAPITAL (Details)

REGULATORY CAPITAL (Details) $ in Thousands	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Total Capital (to Risk Weighted Assets)
For capital adequacy purposes, ratio (as a percent).	0.025	0.025
Heartland Bank and Trust Company
Total Capital (to Risk Weighted Assets)
Actual, amount	$ 635,878	$ 586,604
Actual, ratio (as a percent)	0.1611	0.1492
For capital adequacy purposes, amount	$ 315,825	$ 314,496
For capital adequacy purposes, ratio (as a percent).	0.0800	0.0800
To be well capitalized under prompt corrective action provisions, amount	$ 394,781	$ 393,119
To be well capitalized under prompt corrective action provisions, ratio (as a percent)	0.1000	0.1000
Total Capital (to Risk Weighted Assets)
Actual, amount	$ 596,071	$ 550,808
Actual, ratio (as a percent)	0.1510	0.1401
For capital adequacy purposes, amount	$ 236,869	$ 235,872
For capital adequacy purposes, ratio (as a percent)	0.0600	0.0600
To be well capitalized under prompt corrective action provisions, amount	$ 315,825	$ 314,496
To be well capitalized under prompt corrective action provisions, ratio (as a percent)	0.0800	0.0800
Common Equity Tier 1 Capital (to Risk Weighted Assets)
Actual, amount	$ 596,071	$ 550,808
Actual, ratio (as a percent)	15.10%	14.01%
For capital adequacy purposes, amount	$ 177,651	$ 176,904
For capital adequacy purposes, ratio (as a percent)	4.50%	4.50%
To be well capitalized under prompt corrective action provisions, amount	$ 256,608	$ 255,528
To be well capitalized under prompt corrective action provisions, ratio (as a percent)	6.50%	6.50%
Tier 1 Capital (to Average Assets)
Actual, amount	$ 596,071	$ 550,808
Actual, ratio (as a percent)	0.1198	0.1096
For capital adequacy purposes, amount	$ 199,030	$ 201,063
For capital adequacy purposes, ratio (as a percent)	0.0400	0.0400
To be well capitalized under prompt corrective action provisions, amount	$ 248,787	$ 251,329
To be well capitalized under prompt corrective action provisions, ratio (as a percent)	0.0500	0.0500
Consolidated HBT Financial, Inc.
Total Capital (to Risk Weighted Assets)
Actual, amount	$ 652,563	$ 603,234
Actual, ratio (as a percent)	0.1651	0.1533
For capital adequacy purposes, amount	$ 316,145	$ 314,814
For capital adequacy purposes, ratio (as a percent).	0.0800	0.0800
Total Capital (to Risk Weighted Assets)
Actual, amount	$ 573,203	$ 527,964
Actual, ratio (as a percent)	0.1450	0.1342
For capital adequacy purposes, amount	$ 237,109	$ 236,110
For capital adequacy purposes, ratio (as a percent)	0.0600	0.0600
Common Equity Tier 1 Capital (to Risk Weighted Assets)
Actual, amount	$ 521,968	$ 476,789
Actual, ratio (as a percent)	13.21%	12.12%
For capital adequacy purposes, amount	$ 177,831	$ 177,083
For capital adequacy purposes, ratio (as a percent)	4.50%	4.50%
Tier 1 Capital (to Average Assets)
Actual, amount	$ 573,203	$ 527,964
Actual, ratio (as a percent)	0.1151	0.1049
For capital adequacy purposes, amount	$ 199,167	$ 201,231
For capital adequacy purposes, ratio (as a percent)	0.0400	0.0400

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details)	12 Months Ended
	Dec. 31, 2024 segment
Segment Reporting [Abstract]
Number of segments	1

FAIR VALUE OF FINANCIAL INSTR_3

FAIR VALUE OF FINANCIAL INSTRUMENTS - Recurring basis (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	$ 698,049	$ 759,461
Equity securities with readily determinable fair values	3,315	3,360
Mortgage servicing rights, at fair value	18,827	19,001
U.S. Treasury
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	111,145	148,622
U.S. government agency
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	53,198	52,097
Municipal
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	130,679	205,557
Agency residential
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	227,368	173,984
Agency commercial
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	116,681	127,012
Corporate
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	58,978	52,189
Fair Value, Recurring
FAIR VALUE OF FINANCIAL INSTRUMENTS
Equity securities with readily determinable fair values	3,315	3,360
Mortgage servicing rights, at fair value	18,827	19,001
Derivative financial assets	5,553	6,549
Derivative financial liabilities	5,525	6,227
Fair Value, Recurring | U.S. Treasury
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	111,145	148,622
Fair Value, Recurring | U.S. government agency
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	53,198	52,097
Fair Value, Recurring | Municipal
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	130,679	205,557
Fair Value, Recurring | Agency residential
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	227,368	173,984
Fair Value, Recurring | Agency commercial
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	116,681	127,012
Fair Value, Recurring | Corporate
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	58,978	52,189
Fair Value, Recurring | Level 1
FAIR VALUE OF FINANCIAL INSTRUMENTS
Equity securities with readily determinable fair values	3,315	3,360
Mortgage servicing rights, at fair value	0	0
Derivative financial assets	0	0
Derivative financial liabilities	0	0
Fair Value, Recurring | Level 1 | U.S. Treasury
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	148,622
Fair Value, Recurring | Level 1 | U.S. government agency
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 1 | Municipal
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 1 | Agency residential
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 1 | Agency commercial
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 1 | Corporate
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 2
FAIR VALUE OF FINANCIAL INSTRUMENTS
Equity securities with readily determinable fair values	0	0
Mortgage servicing rights, at fair value	0	0
Derivative financial assets	5,553	6,549
Derivative financial liabilities	5,525	6,227
Fair Value, Recurring | Level 2 | U.S. Treasury
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	111,145	0
Fair Value, Recurring | Level 2 | U.S. government agency
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	53,198	52,097
Fair Value, Recurring | Level 2 | Municipal
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	130,679	205,557
Fair Value, Recurring | Level 2 | Agency residential
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	227,368	173,984
Fair Value, Recurring | Level 2 | Agency commercial
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	116,681	127,012
Fair Value, Recurring | Level 2 | Corporate
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	58,978	52,189
Fair Value, Recurring | Level 3
FAIR VALUE OF FINANCIAL INSTRUMENTS
Equity securities with readily determinable fair values	0	0
Mortgage servicing rights, at fair value	18,827	19,001
Derivative financial assets	0	0
Derivative financial liabilities	0	0
Fair Value, Recurring | Level 3 | U.S. Treasury
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 3 | U.S. government agency
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 3 | Municipal
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 3 | Agency residential
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 3 | Agency commercial
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	0	0
Fair Value, Recurring | Level 3 | Corporate
FAIR VALUE OF FINANCIAL INSTRUMENTS
Debt securities available-for-sale:	$ 0	$ 0

FAIR VALUE OF FINANCIAL INSTR_4

FAIR VALUE OF FINANCIAL INSTRUMENTS - Mortgage Servicing Rights (Details) $ in Thousands	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
FAIR VALUE OF FINANCIAL INSTRUMENTS
Fair Value	$ 18,827	$ 19,001
Fair Value, Recurring
FAIR VALUE OF FINANCIAL INSTRUMENTS
Fair Value	18,827	19,001
Fair Value, Recurring | Level 3
FAIR VALUE OF FINANCIAL INSTRUMENTS
Fair Value	$ 18,827	$ 19,001
Fair Value, Recurring | Level 3 | Measurement Input, Constant Prepayment Rate | Minimum
FAIR VALUE OF FINANCIAL INSTRUMENTS
Measurement input	0.008	0.062
Fair Value, Recurring | Level 3 | Measurement Input, Constant Prepayment Rate | Maximum
FAIR VALUE OF FINANCIAL INSTRUMENTS
Measurement input	0.943	0.494
Fair Value, Recurring | Level 3 | Measurement Input, Constant Prepayment Rate | Weighted Average
FAIR VALUE OF FINANCIAL INSTRUMENTS
Measurement input	0.076	0.084
Fair Value, Recurring | Level 3 | Measurement Input, Discount Rate | Minimum
FAIR VALUE OF FINANCIAL INSTRUMENTS
Measurement input	0.090	0.090
Fair Value, Recurring | Level 3 | Measurement Input, Discount Rate | Maximum
FAIR VALUE OF FINANCIAL INSTRUMENTS
Measurement input	0.964	0.373
Fair Value, Recurring | Level 3 | Measurement Input, Discount Rate | Weighted Average
FAIR VALUE OF FINANCIAL INSTRUMENTS
Measurement input	0.104	0.096

FAIR VALUE OF FINANCIAL INSTR_5

FAIR VALUE OF FINANCIAL INSTRUMENTS - Nonrecurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans, before allowance for credit losses	$ 3,466,146	$ 3,404,417
Foreclosed assets	367	852
Fair Value, Nonrecurring
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans held for sale	1,586	2,318
Bank premises held for sale	317
Foreclosed assets	367	852
Fair Value, Nonrecurring | Collateral-dependent loans
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans, before allowance for credit losses	27,717	32,685
Fair Value, Nonrecurring | Level 1
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans held for sale	0	0
Bank premises held for sale	0
Foreclosed assets	0	0
Fair Value, Nonrecurring | Level 1 | Collateral-dependent loans
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans, before allowance for credit losses	0	0
Fair Value, Nonrecurring | Level 2
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans held for sale	1,586	2,318
Bank premises held for sale	0
Foreclosed assets	0	0
Fair Value, Nonrecurring | Level 2 | Collateral-dependent loans
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans, before allowance for credit losses	0	0
Fair Value, Nonrecurring | Level 3
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans held for sale	0	0
Bank premises held for sale	317
Foreclosed assets	367	852
Fair Value, Nonrecurring | Level 3 | Collateral-dependent loans
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans, before allowance for credit losses	$ 27,717	$ 32,685

FAIR VALUE OF FINANCIAL INSTR_6

FAIR VALUE OF FINANCIAL INSTRUMENTS - Unobservable inputs used in nonrecurring measurements (Details) $ in Thousands	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans, before allowance for credit losses	$ 3,466,146	$ 3,404,417
Foreclosed assets	367	852
Fair Value, Nonrecurring
FAIR VALUE OF FINANCIAL INSTRUMENTS
Bank premises held for sale	317
Foreclosed assets	367	852
Fair Value, Nonrecurring | Collateral-dependent loans
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans, before allowance for credit losses	27,717	32,685
Fair Value, Nonrecurring | Level 3
FAIR VALUE OF FINANCIAL INSTRUMENTS
Bank premises held for sale	317
Foreclosed assets	$ 367	$ 852
Fair Value, Nonrecurring | Level 3 | Appraisal adjustments
FAIR VALUE OF FINANCIAL INSTRUMENTS
Bank premises held for sale, measurement input	0.07
Foreclosed assets, measurement input	0.07	0.07
Fair Value, Nonrecurring | Level 3 | Collateral-dependent loans
FAIR VALUE OF FINANCIAL INSTRUMENTS
Loans, before allowance for credit losses	$ 27,717	$ 32,685
Fair Value, Nonrecurring | Level 3 | Weighted Average | Appraisal adjustments
FAIR VALUE OF FINANCIAL INSTRUMENTS
Bank premises held for sale, measurement input	0.07
Foreclosed assets, measurement input	0.07	0.07

FAIR VALUE OF FINANCIAL INSTR_7

FAIR VALUE OF FINANCIAL INSTRUMENTS - Carrying amount and estimated fair value (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Financial assets:
Debt securities held-to-maturity	$ 445,186	$ 466,496	$ 104,131
Financial liabilities:
FHLB advances	13,231	12,623
Level 1 | Carrying Amount
Financial assets:
Cash and cash equivalents	137,692	141,252
Level 1 | Estimated Fair Value
Financial assets:
Cash and cash equivalents	137,692	141,252
Level 2 | Carrying Amount
Financial assets:
Debt securities held-to-maturity	499,858	521,439
Accrued interest receivable	24,770	24,534
Financial liabilities:
Securities sold under agreements to repurchase	28,969	42,442
Accrued interest payable	5,096	6,969
Level 2 | Estimated Fair Value
Financial assets:
Debt securities held-to-maturity	445,186	466,496
Accrued interest receivable	24,770	24,534
Financial liabilities:
Securities sold under agreements to repurchase	28,969	42,442
Accrued interest payable	5,096	6,969
Level 3 | Carrying Amount
Financial assets:
Restricted stock	5,086	7,160
Loans, net	3,424,102	3,364,369
Investments in unconsolidated subsidiaries	1,614	1,614
Financial liabilities:
Time deposits	785,430	627,253
Brokered time deposits	0	144,880
FHLB advances	13,231	12,623
Level 3 | Estimated Fair Value
Financial assets:
Restricted stock	5,086	7,160
Loans, net	3,418,318	3,349,540
Investments in unconsolidated subsidiaries	1,614	1,614
Financial liabilities:
Time deposits	779,997	619,682
Brokered time deposits	0	144,944
FHLB advances	13,159	12,621
Subordinated notes | Level 3 | Carrying Amount
Financial liabilities:
Subordinated notes	39,553	39,474
Subordinated notes | Level 3 | Estimated Fair Value
Financial liabilities:
Subordinated notes	38,316	36,993
Junior subordinated debentures | Level 3 | Carrying Amount
Financial liabilities:
Subordinated notes	52,849	52,789
Junior subordinated debentures | Level 3 | Estimated Fair Value
Financial liabilities:
Subordinated notes	$ 47,942	$ 48,529

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Commitments and Conditional Obligations (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Standby letters of credit
COMMITMENTS AND CONTINGENCIES
Financial instruments off-balance sheet credit risks	$ 18,329	$ 23,732
Commitments to extend credit
COMMITMENTS AND CONTINGENCIES
Financial instruments off-balance sheet credit risks	$ 845,413	$ 869,013

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($) $ in Thousands					3 Months Ended
	Mar. 29, 2024	Aug. 16, 2023	May 15, 2023	Feb. 20, 2023	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2024
Litigation
Off-balance-sheet, credit loss, liability						$ 3,800			$ 3,100
DeBaere and Miller cases
Litigation
Settlement amount			$ 3,400
Payments for legal settlements						3,400
Accrual included in other noninterest expense							$ 800	$ 2,600
John Pickett Cases
Litigation
Settlement amount	$ 300
Accrual recorded						200
Accrual included in other noninterest expense					$ 100	200
T G C Cases
Litigation
Settlement amount		$ 13,000		$ 13,000
Accrual recorded								13,000
Insurance settlements receivable								$ 7,400
Litigation settlement, fee expense						$ 5,600

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Related party transactions
Loans	$ 3,424,102	$ 3,364,369
Total deposits	4,318,254	4,401,437
Related Party
Related party transactions
Loans	500	1,100
Total deposits	$ 4,800	$ 4,000

CONDENSED PARENT COMPANY ONLY_3

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS - Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 137,692	$ 141,252
Other assets	46,280	55,239
Total assets	5,032,902	5,073,170
LIABILITIES
Subordinated notes	39,553	39,474
Junior subordinated debentures	52,849	52,789
Other liabilities	35,441	34,909
Total liabilities	4,488,297	4,583,674
Stockholders’ equity	544,605	489,496	$ 373,632	$ 411,881
Total liabilities and stockholders’ equity	5,032,902	5,073,170
Reportable Legal Entities | Consolidated HBT Financial, Inc.
ASSETS
Cash and cash equivalents	16,179	17,214
Bank	618,914	563,513
Non-bank	1,614	1,614
Other assets	1,929	2,347
Total assets	638,636	584,688
LIABILITIES
Subordinated notes	39,553	39,474
Junior subordinated debentures	52,849	52,789
Other liabilities	1,629	2,929
Total liabilities	94,031	95,192
Stockholders’ equity	544,605	489,496
Total liabilities and stockholders’ equity	$ 638,636	$ 584,688

CONDENSED PARENT COMPANY ONLY_4

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS - Statements of income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Other income	$ 3,190	$ 3,105	$ 2,366
Total noninterest income	35,571	36,046	34,717
Interest expense	62,850	37,927	7,180
INCOME BEFORE INCOME TAX EXPENSE	97,383	88,581	76,190
TAX BENEFIT	25,603	22,739	19,734
NET INCOME	71,780	65,842	56,456
Reportable Legal Entities | Consolidated HBT Financial, Inc.
Dividends received from bank subsidiary	34,000	64,000	28,000
Undistributed earnings from bank subsidiary	44,684	9,199	35,044
Other income	183	870	51
Total noninterest income	78,867	74,069	63,095
Interest expense	5,729	5,409	3,666
Other expense	4,106	5,517	5,292
Total expenses	9,835	10,926	8,958
INCOME BEFORE INCOME TAX EXPENSE	69,032	63,143	54,137
TAX BENEFIT	(2,748)	(2,699)	(2,319)
NET INCOME	$ 71,780	$ 65,842	$ 56,456

CONDENSED PARENT COMPANY ONLY_5

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS - Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 71,780	$ 65,842	$ 56,456
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation	1,752	1,953	1,949
Net gain on sales of foreclosed assets	(112)	(764)	(118)
Net cash provided by operating activities	89,372	65,829	72,586
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of equity securities	58	0	0
Proceeds from sale of foreclosed assets	1,396	4,093	475
Net cash paid for acquisition of Town and Country	0	(14,454)	0
Net cash provided by (used in) investing activities	32,346	132,663	(335,123)
CASH FLOWS FROM FINANCING ACTIVITIES
Taxes paid related to the vesting of restricted stock units	(331)	(181)	(57)
Repurchase of common stock	(4,423)	(8,907)	(4,783)
Cash dividends and dividend equivalents paid	(24,183)	(21,873)	(18,584)
Net cash used in financing activities	(125,278)	(171,399)	(32,572)
NET DECREASE IN CASH AND EQUIVALENTS	(3,560)	27,093	(295,109)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	141,252	114,159	409,268
CASH AND CASH EQUIVALENTS AT END OF YEAR	137,692	141,252	114,159
Reportable Legal Entities | Consolidated HBT Financial, Inc.
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	71,780	65,842	56,456
Adjustments to reconcile net income to net cash provided by operating activities:
Undistributed earnings of consolidated subsidiaries	(44,684)	(9,199)	(35,044)
Stock-based compensation	1,752	1,953	1,949
Amortization of discount and issuance costs on subordinated notes and debentures	139	139	145
Net gain on sales of foreclosed assets	0	(563)	0
Changes in other assets and liabilities, net	(1,105)	360	769
Net cash provided by operating activities	27,882	58,532	24,275
CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales of equity securities	20	0	0
Purchase of foreclosed assets from Heartland Bank	0	0	(2,325)
Proceeds from sale of foreclosed assets	0	2,888	0
Net cash paid for acquisition of Town and Country	0	(37,523)	0
Net cash provided by (used in) investing activities	20	(34,635)	(2,325)
CASH FLOWS FROM FINANCING ACTIVITIES
Taxes paid related to the vesting of restricted stock units	(331)	(181)	(57)
Repurchase of common stock	(4,423)	(8,907)	(4,783)
Cash dividends and dividend equivalents paid	(24,183)	(21,873)	(18,584)
Net cash used in financing activities	(28,937)	(30,961)	(23,424)
NET DECREASE IN CASH AND EQUIVALENTS	(1,035)	(7,064)	(1,474)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	17,214	24,278	25,752
CASH AND CASH EQUIVALENTS AT END OF YEAR	$ 16,179	$ 17,214	$ 24,278