HBT Financial Inc
For the period ended Dec 31, 2023. Filed Mar 6, 2024.
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FY2023 · Filed Mar 6, 2024
HBT$37.47+1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (dollars in thousands, except per share data) | December 31, 2023 | December 31, 2022 |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $26,256 | $18,970 |
| Interest-bearing deposits with banks | 114,996 | 95,189 |
| Cash and cash equivalents | 141,252 | 114,159 |
| Interest-bearing time deposits with banks | 509 | — |
| Debt securities available-for-sale, at fair value | 759,461 | 843,524 |
| Debt securities held-to-maturity (fair value of $466,496 at 2023 and $478,801 at 2022) | 521,439 | 541,600 |
| Equity securities with readily determinable fair value | 3,360 | 3,029 |
| Equity securities with no readily determinable fair value | 2,505 | 1,977 |
| Restricted stock, at cost | 7,160 | 7,965 |
| Loans held for sale | 2,318 | 615 |
| Loans, before allowance for credit losses | 3,404,417 | 2,620,253 |
| Allowance for credit losses | (40,048) | (25,333) |
| Loans, net of allowance for credit losses | 3,364,369 | 2,594,920 |
| Bank owned life insurance | 23,905 | 7,557 |
| Bank premises and equipment, net | 65,150 | 50,469 |
| Bank premises held for sale | — | 235 |
| Foreclosed assets | 852 | 3,030 |
| Goodwill | 59,820 | 29,322 |
| Intangible assets, net | 20,682 | 1,070 |
| Mortgage servicing rights, at fair value | 19,001 | 10,147 |
| Investments in unconsolidated subsidiaries | 1,614 | 1,165 |
| Accrued interest receivable | 24,534 | 19,506 |
| Other assets | 55,239 | 56,444 |
| Total assets | $5,073,170 | $4,286,734 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Liabilities | ||
| Deposits: | ||
| Noninterest-bearing | $1,072,407 | $994,954 |
| Interest-bearing | 3,329,030 | 2,592,070 |
| Total deposits | 4,401,437 | 3,587,024 |
| Securities sold under agreements to repurchase | 42,442 | 43,081 |
| Federal Home Loan Bank advances | 12,623 | 160,000 |
| Subordinated notes | 39,474 | 39,395 |
| Junior subordinated debentures issued to capital trusts | 52,789 | 37,780 |
| Other liabilities | 34,909 | 45,822 |
| Total liabilities | 4,583,674 | 3,913,102 |
| COMMITMENTS AND CONTINGENCIES (Note 22) | ||
| Stockholders' Equity | ||
| Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding | — | — |
| Common stock, $0.01 par value; 125,000,000 shares authorized; shares issued of 32,730,698 at 2023 and 29,308,491 at 2022; shares outstanding of 31,695,828 at 2023 and 28,752,626 at 2022 | 327 | 293 |
| Surplus | 295,877 | 222,783 |
| Retained earnings | 269,051 | 232,004 |
| Accumulated other comprehensive income (loss) | (57,163) | (71,759) |
| Treasury stock at cost, 1,034,870 shares at 2023 and 555,865 at 2022 | (18,596) | (9,689) |
| Total stockholders’ equity | 489,496 | 373,632 |
| Total liabilities and stockholders’ equity | $5,073,170 | $4,286,734 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.