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Hills Bancorp

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Hills Bancorp is a holding company principally engaged, through its subsidiary bank, Hills Bank and Trust Company,  in the business of banking. The Bank is a full-service commercial bank extending its services to individuals, businesses, governmental units and institutional customers. The Bank is actively engaged in all areas of commercial banking, including acceptance of demand, savings and time deposits; making commercial, real estate, agricultural and consumer loans; maintaining night and safe deposit facilities; and performing collection, exchange and other banking services tailored for individual customers. The Bank administers estates, personal trusts, and pension plans and provides farm management, investment advisory and custodial services for individuals, corporations and nonprofit organizations. In addition, the Bank earns substantial fees from originating mortgages that are sold on the secondary residential real estate market without mortgage servicing rights being retained.

The Bank administers estates, personal trusts, and pension plans and provides farm management, investment advisory and custodial services for individuals, corporations and nonprofit organizations. In addition, the Bank earns substantial fees from originating mortgages that are sold on the secondary residential real estate market without mortgage servicing rights being retained.

TypePublic
Founded1904
HQHills, IA, USMap
Websitehillsbank.com
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Employees (est.) (Dec 2019)432(+2%)
Revenue (FY, 2020)$28.3 M(+15%)
Share Price (Apr 2021)$63
Cybersecurity ratingAMore

Hills Bancorp Office Locations

Hills Bancorp has an office in Hills
Hills, IA, US (HQ)
131 Main St
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Hills Bancorp Financials and Metrics

Hills Bancorp Revenue

Hills Bancorp's revenue was reported to be $28.34 m in FY, 2020
USD

Revenue (FY, 2020)

28.3m

Net income (FY, 2020)

38.6m

Market capitalization (19-Apr-2021)

587.2m

Closing stock price (19-Apr-2021)

63.0

Cash (31-Dec-2020)

574.3m
Hills Bancorp's current market capitalization is $587.2 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

18.5m20.8m19.2m19.4m20.8m20.0m20.8m23.8m24.8m28.3m

Revenue growth, %

4%

Operating expense total

1.5m1.8m1.9m1.9m2.6m2.9m2.7m1.8m4.4m7.5m

Interest expense

24.4m21.5m16.8m15.0m15.0m16.1m18.0m26.3m34.9m27.0m
Quarterly
USDQ2, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.3m5.0m5.2m5.3m4.9m5.1m4.7m4.4m4.9m5.2m5.0m5.5m5.2m4.9m4.9m5.3m5.2m5.0m5.0m5.6m6.2m6.7m5.3m5.9m6.6m6.2m6.5m7.5m

Operating expense total

484.0k413.0k522.0k447.0k440.0k426.0k432.0k416.0k271.0k490.0k315.0k524.0k392.0k397.0k678.0k510.0k494.0k868.0k671.0k537.0k717.0k434.0k590.0k549.0k648.0k583.0k232.0k1.0m

Interest expense

6.2m5.6m5.6m5.4m4.4m4.3m4.1m3.9m3.8m3.7m3.6m3.7m3.7m4.1m4.1m3.9m4.0m4.2m4.7m5.7m6.2m6.9m8.1m8.8m9.3m7.9m6.6m6.5m

Interest income

23.4m22.8m22.4m22.3m21.1m21.1m21.2m20.9m21.5m21.8m22.2m23.0m23.3m23.8m24.1m24.8m25.2m26.1m26.9m28.0m29.1m30.4m31.8m33.2m34.0m32.5m32.2m31.7m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

63.6m43.7m29.2m35.4m38.2m154.4m43.3m242.0m574.3m

Accounts Receivable

1.7b1.7b1.8b2.0b2.1b9.1m2.4b2.6b2.6b2.7b

PP&E

30.3m30.6m29.8m29.1m33.5m37.9m37.9m37.1m37.1m35.9m

Goodwill

2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m
Quarterly
USDQ2, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

76.8m79.9m94.0m23.9m56.9m89.1m30.1m68.9m83.3m28.0m34.0m133.7m36.6m49.0m151.3m37.3m36.8m244.1m148.2m192.7m200.5m249.9m315.1m268.3m368.8m560.7m

Accounts Receivable

1.6b1.7b1.7b1.7b1.7b1.7b1.8b1.8b1.9b1.9b2.0b2.0b2.1b2.1b2.1b2.2b2.3b2.3b2.4b2.4b2.5b2.5b2.6b2.6b2.6b2.6b2.7b2.7b

PP&E

26.9m31.2m31.0m30.9m30.6m30.0m29.9m29.3m28.8m28.6m32.5m33.4m33.7m34.4m34.8m35.5m38.3m38.0m37.8m37.7m38.0m37.5m36.6m36.2m36.1m36.8m36.3m35.5m

Goodwill

2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

26.8m26.8m25.9m27.0m28.4m31.6m28.1m36.8m45.3m38.6m

Depreciation and Amortization

2.4m2.8m2.8m2.6m2.7m2.7m2.9m3.0m3.1m3.1m

Accounts Payable

1.4m(1.3m)(743.0k)852.0k701.0k(1.3m)4.3m(1.4m)650.0k(5.6m)

Cash From Operating Activities

22.6m25.8m59.8m33.1m32.5m29.1m45.9m47.7m39.3m8.1m
Quarterly
USDQ2, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

14.1m7.9m8.1m21.5m6.8m13.7m20.3m6.7m13.9m21.8m7.4m14.9m22.5m7.7m15.7m24.8m8.9m15.3m23.9m10.9m20.9m31.0m11.2m22.4m33.7m7.1m18.8m30.2m

Depreciation and Amortization

1.2m716.0k2.1m725.0k1.5m2.2m681.0k1.4m1.9m685.0k1.4m2.1m727.0k1.5m2.2m757.0k1.5m2.3m821.0k1.6m2.5m847.0k1.7m2.5m874.0k1.7m2.6m

Accounts Payable

4.1m1.8m81.0k1.5m(84.0k)1.3m4.0m1.2m2.8m4.8m2.5m2.5m1.6m(1.3m)(92.0k)2.7m938.0k1.3m(1.5m)(2.4m)(1.4m)(955.0k)(1.1m)(40.0k)(5.9m)(4.2m)(1.6m)

Cash From Operating Activities

22.2m17.7m30.9m34.6m23.3m55.1m13.0m12.8m27.2m7.6m15.9m25.9m10.7m13.8m21.2m19.8m21.5m30.0m8.9m18.3m31.6m5.4m9.8m9.4m4.3m(10.0m)16.7m
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USDQ2, 2011

Financial Leverage

11.2 x
Show all financial metrics

Hills Bancorp Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

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Hills Bancorp Online and Social Media Presence

Hills Bancorp's Trends

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Hills Bancorp Blogs

December 29, 2020

Fraud Awareness & Prevention

As technology evolves to better serve bank customers like you, fraud is evolving too. In the past several years, the U.S. has seen a rise in sophisticated scams, phishing, and other fraudulent efforts designed to steal money and private information for fraudulent purposes. By…
September 23, 2020

Investor Solutions

Investor Solutions powered by Folio is an online only, digital solution for investors that want to take advantage of Hills Bank’s investment management services. Folio is an unaffiliated clearing broker/dealer providing custody of your assets, which Hills Bank will manage for…
September 14, 2020

Free Checking

Features: No minimum to open. Free debit card, mobile and online banking. Unlimited ATM transactions with no charge. (The owner of a non-Hills Bank ATM may surcharge, but that’s their fee, not ours!). What will you need to open an account?  View our Account Opening Che…
August 17, 2020

Derecho Storm Assistance

The Derecho storm that swept through the area Monday, August 10th has been devastating to our communities. With the amount of damage, Hills Bank recognizes the challenges our customers are facing – and we’re here to help. If you are an existing customer with a loan and/or de…
July 06, 2020

UI Employee Advantage Checking

A Special Thanks to Essential Workers! Thank you to essential workers and heroes in this unprecedented time.  As dedicated Hawkeyes and as employees of the University of Iowa, we would love to welcome you to the Hills Bank family. A convenient location in the University of I…
June 19, 2020

Submission of Already Completed Application

Please make sure you have reviewed our forgiveness application information and online application instructions before beginning the application process.
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 Hills Bancorp Frequently Asked Questions

  • When was Hills Bancorp founded?

    Hills Bancorp was founded in 1904.

  • How many employees does Hills Bancorp have?

    Hills Bancorp has 432 employees.

  • What is Hills Bancorp revenue?

    Latest Hills Bancorp annual revenue is $28.3 m.

  • What is Hills Bancorp revenue per employee?

    Latest Hills Bancorp revenue per employee is $65.6 k.

  • Who are Hills Bancorp competitors?

    Competitors of Hills Bancorp include Wellesley Bank, The Commercial & Savings Bank and LLB.

  • Where is Hills Bancorp headquarters?

    Hills Bancorp headquarters is located at 131 Main St, Hills.

  • Where are Hills Bancorp offices?

    Hills Bancorp has an office in Hills.

  • How many offices does Hills Bancorp have?

    Hills Bancorp has 1 office.