Hills Bank and Trust Company
Hills Bank and Trust Company reported total assets of $4.8 bn at Q2 2026, up 4.2% on a year earlier. Hills Bank and Trust Company uses the community bank leverage ratio framework, with a leverage ratio of 13.36%, and the uninsured share of Hills Bank and Trust Company was 23.81%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Hills Bank and Trust Company climbed from 296th to 147th among 500 US banks between and (1 = lowest; FDIC Call Reports).
- Hills Bank and Trust Company has one of the highest return on assets (ROA) readings among banks of $1 bn to $10 bn: 2.08% at , against a median of 1.32% across 339 banks (FDIC Call Reports).
- At 102.21%, the loan-to-deposit ratio of Hills Bank and Trust Company sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 88.61% (FDIC Call Reports).
What sets Hills Bank and Trust Company apart
How large is Hills Bank and Trust Company?
The balance sheet of Hills Bank and Trust Company at : assets $4.8 bn, deposits $3.5 bn, net loans $3.6 bn (loans equal to 102.21% of deposits). Securities make up 21.1% of total assets at Hills Bank and Trust Company. Since , when Hills Bank and Trust Company held $2.6 bn, its assets grew 84.6%. In the year to , deposits at Hills Bank and Trust Company rose 5.7% while its total assets rose 4.2%. At , Hills Bank and Trust Company employed 497 full-time equivalent staff across 21 offices, about $9.6 mn of assets per employee and $167.9 mn of deposits per office.
How much funding at Hills Bank and Trust Company is uninsured?
At Hills Bank and Trust Company, uninsured deposits (above the FDIC limit) made up 23.81% of domestic deposits at (+2.19 pp on a year earlier); Hills Bank and Trust Company ranks 384th of 500 on this measure. In dollars, Hills Bank and Trust Company estimated $839.3 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.5 bn | +5.7% | 316th of 499 |
| Net loans and leases | $3.6 bn | +3.9% | 277th of 500 |
| Loan-to-deposit ratio | 102.21% | -1.74 pp | 41st of 500 |
| Net interest margin | 3.79% | +0.53 pp | 203rd of 500 |
| Return on assets (ROA) | 2.08% | +0.62 pp | 41st of 500 |
| Efficiency ratio | 44.78% | -1.57 pp | 81st of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $10.4 mn | Narrowed by $18.5 mn | |
| Noncurrent loans to total loans | 0.40% | -0.23 pp | 147th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.00% | -0.06 pp | 69th of 500 (1 = lowest) |
US rank of Hills Bank and Trust Company: 1 = highest unless marked 1 = lowest.
Balance sheet
Hills Bank and Trust Company: assets, deposits and loans
- Total assets $4.8bn
- Deposits $3.5bn
- Net loans $3.6bn
Capital and securities
Hills Bank and Trust Company uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 13.36% in . Equity capital of Hills Bank and Trust Company at : $624.7 mn, or 13.0% of total assets.
The available-for-sale portfolio of Hills Bank and Trust Company showed an unrealized loss of $10.4 mn at ; the loss narrowed by $18.5 mn over the year.
Hills Bank and Trust Company: capital ratios
- Total capital 18%
- CET1 17%
- Tier 1 leverage 13%
Hills Bank and Trust Company: unrealized securities gains and losses
- Available for sale -$10mn
- Held to maturity $0
Profitability and loan quality
For the year to , Hills Bank and Trust Company earned a return on equity of 16.08%; return on assets: 2.08%. Net interest margin at Hills Bank and Trust Company: 3.79%, +0.53 pp in a year. Hills Bank and Trust Company net income: $48.9 mn, up 46.3% year on year. The efficiency ratio of Hills Bank and Trust Company was 44.78%: about 45 cents cost per revenue dollar, against 47 cents at the median peer.
At , noncurrent loans were 0.40% of total loans at Hills Bank and Trust Company; net charge-offs: 0.00% of average loans. Gross loans and leases at Hills Bank and Trust Company: $3.7 bn, up 3.9% in a year.
Hills Bank and Trust Company: profitability
- Return on equity 16%
- Net interest margin 3.8%
- Return on assets 2.1%
Peer group of Hills Bank and Trust Company
The peer group of Hills Bank and Trust Company is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of Hills Bank and Trust Company (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Iowa. Against them, Hills Bank and Trust Company shows return on equity 16.08% against a peer median of 13.38% and uninsured deposit share 23.81% against a peer median of 32.29%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| John Deere Financial, f.s.b. | Federal savings bank | WI | $4.9 bn | not reported | 15.03% | 100.00% | |
| Dacotah Bank | State member bank | SD | $4.9 bn | 11.27% | 11.27% | 33.47% | |
| Carter Bank & Trust | State member bank | VA | $4.8 bn | 14.34% | 37.13% | 17.71% | |
| Hills Bank and Trust Company | State nonmember bank | IA | $4.8 bn | not reported | 16.08% | 23.81% | |
| Wheaton Bank & Trust | National bank | IL | $4.8 bn | 10.78% | 17.60% | 39.74% | |
| First Bank & Trust | State nonmember bank | SD | $4.8 bn | not reported | 11.72% | 31.11% | |
| Bar Harbor Bank & Trust | State nonmember bank | ME | $4.7 bn | 12.72% | 11.40% | 20.11% | |
. FDIC Call Reports.
Last eight quarters
Two years at Hills Bank and Trust Company, to : assets +8.1%, deposits +4.3%, equity +15.3%. Staff 475 to 497; offices 19 to 21.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.4 bn | $4.6 bn | $4.6 bn | $4.6 bn | $4.7 bn | $4.6 bn | $4.7 bn | $4.8 bn |
| Total deposits | $3.4 bn | $3.3 bn | $3.5 bn | $3.3 bn | $3.4 bn | $3.4 bn | $3.6 bn | $3.5 bn |
| Bank equity capital | $541.9 mn | $541.6 mn | $543.9 mn | $561.2 mn | $584.2 mn | $602.5 mn | $597.7 mn | $624.7 mn |
| Return on equity (ROE) | 9.41% | 9.19% | 10.67% | 12.18% | 11.12% | 10.84% | 14.87% | 16.08% |
| Uninsured share of domestic deposits | 23.31% | 21.49% | 24.47% | 21.62% | 23.87% | 22.96% | 25.94% | 23.81% |
| Full-time equivalent employees | 475 | 483 | 482 | 486 | 483 | 498 | 495 | 497 |
| Number of offices | 19 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Hills Bank and Trust Company appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Hills Bank and Trust Company?
Hills Bank and Trust Company reported $4.8 bn at in its Call Report. That makes Hills Bank and Trust Company the 290th largest of 497 banks in our US coverage.
Is Hills Bank and Trust Company the same as its holding company?
No. This page covers Hills Bank and Trust Company, FDIC certificate 14650; HILLS BCORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Hills Bank and Trust Company profitable?
Hills Bank and Trust Company reported net income of $48.9 mn for the year to ; annualized return on equity: 16.08%. So yes: Hills Bank and Trust Company made a profit over these months.
When is data for Hills Bank and Trust Company next updated?
Figures from Hills Bank and Trust Company for are due after .
Where can I check the figures for Hills Bank and Trust Company?
In the FDIC BankFind Suite record for certificate 14650, and in the Call Reports of Hills Bank and Trust Company (RSSD ID 731247) at the FFIEC Central Data Repository.