Hills Bancorporation
04/24/2026 | Press release | Distributed by Public on 04/24/2026 12:55
Regulation FD Disclosure, Business/Financial Results (Form 8-K)
Item 2.02 Results of Operations and Financial Condition
On April 20, 2026, Hills Bancorporation announced to its shareholders unaudited net income of $21.9 million and an unaudited capital ratio of 11.7% for the quarter ended March 31, 2026. The capital ratio presented was calculated as total stockholders' equity, less the maximum cash obligation related to ESOP shares, divided by total assets. This ratio is a management-defined, non-regulatory measure and is not a regulatory capital ratio. The Company's primary regulatory capital metric is the Community Bank Leverage Ratio ("CBLR"), which was approximately 13.15% as of March 31, 2026.
Item 7.01 Regulation FD Disclosure
On April 20, 2026, Hills Bancorporation announced to its shareholders unaudited net income of $21.9 million and an unaudited capital ratio of 11.7% for the quarter ended March 31, 2026. The capital ratio presented was calculated as total stockholders' equity, less the maximum cash obligation related to ESOP shares, divided by total assets. This ratio is a management-defined, non-regulatory measure and is not a regulatory capital ratio. The Company's primary regulatory capital metric is the Community Bank Leverage Ratio ("CBLR"), which was approximately 13.15% as of March 31, 2026.
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