# Hills Bancorporation (HBIA)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/hills-bancorporation/ JSON: https://steadybase.io/company/hills-bancorporation.json Checked Nov 10, 2026. Latest filing read: Nov 6, 2026.

## Company

- Legal name: HILLS BANCORPORATION
- Ticker: HBIA (OTC)
- SEC CIK: 0000732417
- Industry: State Commercial Banks (SIC 6022)
- Headquarters: Hills, IA
- Fiscal year ends: December 31
- SEC filer category: Accelerated filer
- Website: hillsbank.com
- Investor relations: https://www.hillsbank.com/investor-relations
- LinkedIn: https://www.linkedin.com/company/hills-bank-and-trust-company
- Next earnings date: Mar 14, 2027 (estimated from past 8-K timing)

## Key facts

- Revenue: $233.8M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 18, 2026). Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/0000732417-26-000022-index.html
- Net income: $60.5M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 18, 2026). Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/0000732417-26-000022-index.html
- Employees: 511 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Shares outstanding: 17,393,749 as of Oct 31, 2026 (10-Q filed Nov 6, 2026). Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000076/0000732417-26-000076-index.html
- Auditor: Forvis Mazars, LLP, Springfield, Missouri, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm

## Business

Hills Bancorporation (the "Company") is a holding company principally engaged, through its subsidiary bank, in the business of banking. The Company was incorporated December 12, 1982 and all operations are conducted within the state of Iowa. The Company became owner of 100% of the outstanding stock of Hills Bank and Trust Company, Hills, Iowa (“Hills Bank and Trust” or the “Bank”) as of January 23, 1984 when stockholders of Hills Bank and Trust exchanged their shares for shares of the Company.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Net income |
|---|---|---|
| Dec 31, 2025 | $233.8M | $60.5M |
| Dec 31, 2024 | $203.4M | $47.6M |
| Dec 31, 2023 | $170.9M | $38.2M |
| Dec 31, 2022 | $131.1M | $47.8M |
| Dec 31, 2021 | $122.1M | $48.1M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/hills-bancorporation.json

## Officers and directors

- Lisa A. Shileny, President and CEO. LinkedIn: https://linkedin.com/in/hillsbanklisashileny. Source: Form 4 filed Jul 6, 2026, https://www.sec.gov/Archives/edgar/data/732417/000184559326000007/0001845593-26-000007-index.htm
- Anthony Roetlin V., SVP Chief Financial Officer. LinkedIn: https://linkedin.com/in/tony-roetlin-17903a8. Source: Form 4 filed Jul 6, 2026, https://www.sec.gov/Archives/edgar/data/732417/000196545126000006/0001965451-26-000006-index.htm
- Anthony V. Roetlin, Treasurer, Chief Financial Officer and Chief Accounting Officer. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Kenza Bemis Nelson, SVP, General Counsel. Source: Form 4 filed Jul 6, 2026, https://www.sec.gov/Archives/edgar/data/732417/000211241426000005/0002112414-26-000005-index.htm
- Brian R. Globokar, SVP, Dr of Trust & Wealth Mgmt. LinkedIn: https://linkedin.com/in/brianglobokar. Source: Form 4 filed Jul 6, 2026, https://www.sec.gov/Archives/edgar/data/732417/000205997826000006/0002059978-26-000006-index.htm
- Timothy D. Finer, SVP, Director of Comml Banking. Source: Form 4 filed Apr 2, 2026, https://www.sec.gov/Archives/edgar/data/732417/000151510026000008/0001515100-26-000008-index.htm
- Amy E. T. Sparks, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Ann M. Rhodes, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Casey L. Peck, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Emily A. Hughes, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- James C. Schmitt, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- John W. Phelan, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Kirsten H. Frey, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Kristie L. Fisher, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Michael D. Jensen, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Michael E. Hodge, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Michael S. Donovan, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Thomas M. Slattery, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- Thomas R. Wiele, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- William A. Wever II, Director. Source: 10-K filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm

## Recent 8-K events

- May 20, 2026: Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000065/hbia-20260515.htm
- May 18, 2026: Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000063/hbia-20260512.htm
- May 15, 2026: Item 1.01, Entry into a material definitive agreement. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000058/hbia-20260511.htm
- Apr 24, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000044/hbia-20260420.htm
- Apr 24, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000042/hbia-20260420.htm
- Apr 24, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000040/hbia-20260420.htm
- Apr 24, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000037/hbia-20260420.htm
- Apr 6, 2026: Item 4.01, Changes in registrant's certifying accountant. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000033/hbia-20260402.htm
- Jan 9, 2026: Item 4.01, Changes in registrant's certifying accountant. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241726000003/hbia-20260105.htm
- Apr 22, 2025: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/732417/000073241725000022/hbia-20250421.htm

## Insider trades (Form 4)

- Oct 9, 2026: Thomas M. Slattery (Director) bought 1,000 shares, about $47,000. Source: https://www.sec.gov/Archives/edgar/data/732417/000206979826000002/0002069798-26-000002-index.htm
- Oct 9, 2026: John W. Phelan (Director) sold 1,000 shares, about $47,000. Source: https://www.sec.gov/Archives/edgar/data/732417/000139722726000006/0001397227-26-000006-index.htm
- Dec 15, 2025: Brian R. Globokar (SVP, Dr of Trust & Wealth Mgmt) sold 478 shares, about $38,957. Source: https://www.sec.gov/Archives/edgar/data/732417/000205997826000002/0002059978-26-000002-index.htm

## Latest filings

- 8-K filed May 20, 2026: https://www.sec.gov/Archives/edgar/data/732417/000073241726000065/hbia-20260515.htm
- 10-K filed Mar 18, 2026: https://www.sec.gov/Archives/edgar/data/732417/000073241726000022/hbia-20251231.htm
- 10-Q filed Aug 6, 2026: https://www.sec.gov/Archives/edgar/data/732417/000073241726000070/hbia-20260630.htm
- DEF 14A filed Mar 18, 2026: https://www.sec.gov/Archives/edgar/data/732417/000073241726000024/hbia-20260318.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/