HBT Financial (HBT) Registration filing summary

Company overview and business model

• Financial holding company for Heartland Bank and Trust Company, offering business, commercial, wealth management, and retail banking services in Illinois and Eastern Iowa through 83 locations.

• Headquartered in Bloomington, Illinois, with banking roots dating back to 1920.

• As of March 31, 2026, reported total assets of $6.8 billion, total loans of $4.7 billion, and total deposits of $5.8 billion.

Financial performance and metrics

• Consolidated financial statements for the years ended December 31, 2025 and 2024, and internal control effectiveness as of December 31, 2025, audited by RSM US LLP.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including investments in subsidiaries, working capital, capital expenditures, stock repurchases, debt repayment, or acquisitions.

• Proceeds may be temporarily invested or held in deposit accounts until used.

• No proceeds will be received from the sale of shares by the selling stockholder.