HBT Financial filings document the formal disclosure record for a bank holding company whose primary operating subsidiary is Heartland Bank and Trust Company. The record includes 8-K reports on operating and financial results, Regulation FD investor presentations, cash dividends on common stock, board appointments and completed bank merger activity.
Other filings describe capital-structure matters, including the private placement of fixed-to-floating rate subordinated notes, related material agreements and registration rights. Proxy materials cover director elections, executive compensation, shareholder voting matters and governance practices for HBT Financial and Heartland Bank.
HBT Financial, Inc. reported first-quarter 2026 net income of $11.2 million, down from $19.1 million a year earlier, as costs from the CNB Bank Shares, Inc. acquisition weighed on results. Earnings per diluted share were $0.34, compared with $0.60 in 2025.
Total assets grew to $6.77 billion from $5.07 billion, driven by the March 1, 2026 acquisition of CNB, which added $1.79 billion of assets and generated $23.7 million of goodwill. Loans rose to $4.69 billion and deposits to $5.80 billion.
Net interest income increased to $56.4 million from $48.7 million, while noninterest income rose to $10.9 million. Noninterest expense climbed to $52.4 million, including $15.7 million of acquisition-related expenses. The company also issued $85.0 million of subordinated notes qualifying as Tier 2 capital, and maintained strong regulatory capital ratios at both the holding company and bank levels.
HBT Financial EVP & Chief Credit Officer Mark W. Scheirer reported a bona fide gift of 4,118 shares of common stock. The shares were transferred to a living trust where he and his spouse serve as trustees and are beneficiaries, so this is not a market sale. After the gift, he directly holds 3,199 shares and indirectly holds 28,390 shares through the MLNT Family Trust dated May 7, 2020.
HBT Financial, Inc. Executive Chairman Fred L. Drake reported an open-market sale of 15,742 shares of common stock on April 28, 2026 through the Fred L. Drake Revocable Trust.
The sale was executed at a weighted average price of $28.93 per share, with individual trades ranging from $28.75 to $29.10. Following this transaction, the revocable trust held 45,815 shares indirectly. Separately, a voting trust associated with Drake held 17,210,400 shares indirectly, and he also held 14,343 shares directly.
HBT Financial, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.23 per share on its common stock. The dividend will be paid on May 19, 2026 to shareholders who are on record as of May 12, 2026.
HBT Financial filed an amended report to add detailed financial information for its acquisition of CNB Bank Shares, Inc., which closed on March 1, 2026. The amendment supplies CNB’s audited 2025 and 2024 financial statements and unaudited pro forma 2025 results for the combined company.
CNB reported total assets of $1.80 billion and total deposits of $1.49 billion at December 31, 2025, with stockholders’ equity of $170.4 million. Net income for 2025 was $16.4 million, up from $13.7 million in 2024, and total comprehensive income reached $30.8 million. The filing also includes pro forma combined balance sheet and income statement information as of and for the year ended December 31, 2025.
HBT Financial, Inc. reported first quarter 2026 net income of $11.2 million, or $0.34 per diluted share, as one‑time merger charges from its CNB acquisition weighed on results. On an adjusted basis, excluding acquisition and other items, net income was $22.6 million, or $0.68 per diluted share, with adjusted return on average assets of 1.60%.
The March 1, 2026 merger with CNB added roughly $1.8 billion in assets, $1.3 billion in loans and $1.5 billion in deposits, lifting total assets to $6.8 billion, loans to $4.7 billion and deposits to $5.8 billion at March 31, 2026. Net interest income rose to $56.4 million and net interest margin improved to (4.25% on a tax‑equivalent basis) as higher‑yielding assets and securities repositioning offset modestly higher funding costs.
Asset quality remained solid, with nonperforming assets at 0.21% of total assets, annualized net charge‑offs at 0.08% of average loans and an allowance for credit losses of 1.29% of loans. The company strengthened capital by issuing $85 million of 5.75% subordinated notes due 2036 and still reported a common equity tier 1 ratio of 12.42% and tangible common equity to tangible assets of 9.31%. HBT also repurchased about 603,000 shares at an average price of $25.84 during the quarter.
HBT Financial, Inc. is asking stockholders to vote at its virtual 2026 Annual Meeting on May 19, 2026 at 10:00 a.m. Central time. Investors will elect 12 directors, approve on an advisory basis executive compensation, and ratify RSM US LLP as independent auditor for 2026.
The record date is March 20, 2026, when 36,399,305 common shares were outstanding, each with one vote. The proxy also describes board and committee structure, director independence, related-party policies, and a pay program that paid 2025 executive cash incentives at 149.09% of target and granted RSUs and PRSUs tied to multi‑year performance.
HBT Financial, Inc. director Michael Morton filed an initial Form 3, which is a required statement of beneficial ownership for new insiders. The available data shows no reported transactions, no listed holdings, and no derivative positions in this filing.
HBT Financial, Inc. filed a current report announcing that its Boards of Directors for both HBT Financial and Heartland Bank and Trust Company increased their size and appointed Michael J. Morton as a director, effective April 1, 2026. His initial term will run until the 2026 Annual Meeting, when he will be eligible for re-election.
Morton brings nearly 40 years of banking experience, including roles as Vice Chair of U.S. Commercial Banking at Bank of Montreal from 2020 to 2023 and Executive Vice President and Chief Credit Officer of MB Financial, Inc. from 2014 to 2019. He will be compensated under HBT Financial’s existing non-employee director compensation program, with no special arrangements or related-party relationships disclosed.
As of December 31, 2025, HBT Financial reported total assets of $5.1 billion, total loans of $3.5 billion, and total deposits of $4.4 billion, operating through 83 full-service branches across Illinois, eastern Iowa, and suburban St. Louis.
HBT Financial, Inc. executive Lawrence J. Horvath, EVP & Chief Lending Officer, sold 5,000 shares of common stock in an open-market transaction on March 16, 2026 at $26.60 per share. Following this sale, he directly holds 58,609 shares of HBT Financial common stock.