Hills Bancorporation (HBIA)

Hills Bancorporation (the "Company") is a holding company principally engaged, through its subsidiary bank, in the business of banking. The Company was incorporated December 12, 1982 and all operations are conducted within the state of Iowa. The Company became owner of 100% of the outstanding stock of Hills Bank and Trust Company, Hills, Iowa (“Hills Bank and Trust” or the “Bank”) as of January 23, 1984 when stockholders of Hills Bank and Trust exchanged their shares for shares of the Company. Effective July 1, 1996, the Company formed a new subsidiary, Hills Bank, which acquired for cash all the outstanding shares of a bank in Lisbon, Iowa. Subsequently an office of Hills Bank was opened in Mount Vernon, Iowa, a community that is contiguous to Lisbon. Effective November 17, 2000, Hills Bank was merged into the Bank. On September 20, 1996, another subsidiary, Hills Bank Kalona, acquired cash and other assets and assumed the deposits of the Kalona, Iowa office of Boatmen's Bank Iowa, N.A. Effective October 26, 2001, Hills Bank Kalona was merged into the Bank.

Company profile

Ticker

HBIA

Exchange

Incorporated

Location

Fiscal year end

Industry (SIC)

State Commercial Banks

Bank Of New York Mellon • State Street • Ally Financial • Citizens Financial • Northern Trust • M & T Bank • Popular • Fifth Third Bancorp • Associated Banc-Corp. • First Citizens Bancshares, Inc ...

SEC CIK

0000732417

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Hills Bank and Trust Company ...

IRS number

421208067

Financial summary

Financial statements Chart HBIA financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	718.94M	718.94M	718.94M	718.94M	718.94M	718.94M
Cash burn (monthly)	20.99M	8.37M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	60.34M	24.07M	n/a	n/a	n/a	n/a
Cash remaining	658.6M	694.87M	n/a	n/a	n/a	n/a
Runway (months of cash)	31.4	83.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

HBIA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Jun 22	John W Phelan	Common Stock	Grant	Acquire A	Yes	No	71	3,000	213K	11,951
21 Jun 22	Michael S Donovan	Common Stock	Grant	Acquire A	No	No	71	1,500	106.5K	13,254
21 Jun 22	Thomas R Wiele	Common Stock	Grant	Acquire A	No	No	71	3,000	213K	8,133.348
21 Jun 22	James C Schmitt	Common Stock	Grant	Acquire A	No	No	71	3,000	213K	3,001
3 Jan 22	Steven R Ropp	Common Stock	Grant	Acquire A	No	No	59.85	37.594	2.25K	15,724.623

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q4 2021

HBIA institutional ownership history Ownership history

0.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	1	–
Opened positions	0	1	EXIT
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	14K	13K	+7.7%
Total shares	200	200	–
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Strategic Asset Management	200	$14K	0.0%

Largest transactions	Shares	Bought/sold	Change
Strategic Asset Management	200	0	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Bad

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From filing 10-Q 2022 Q1

Financial reports

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