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HILLS BANCORPORATION

For the period ended Mar 31, 2025. Filed May 9, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 9, 2025

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Extracted filing text, with the paragraph anchors used by the comparison.

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Item 1. Financial Statements

Consolidated balance sheets, March 31, 2025 (unaudited) and December 31, 20244
Consolidated statements of income (unaudited) for three months ended March 31, 2025 and 20245
Consolidated statements of comprehensive income (unaudited) for three months ended March 31, 2025 and 20246
Consolidated statements of stockholders' equity (unaudited) for three months ended March 31, 2025 and 20247
Consolidated statements of cash flows (unaudited) for three months ended March 31, 2025 and 20248
Notes to consolidated financial statements (condensed)10
Item 2.Management Discussion and Analysis of Financial Condition and Results of Operations49
Item 3.Quantitative and Qualitative Disclosures About Market Risk61
Item 4.Controls and Procedures62
Part II
OTHER INFORMATION
Item 1.Legal proceedings62
Item 1A.Risk factors62
Item 2.Unregistered sales of equity securities and use of proceeds64
Item 3.Defaults upon senior securities65
Item 4.Mine safety disclosures65
Item 5.Other information65
Item 6.Exhibits66
Signatures67

Index

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.