Hills Bank and Trust Company in Hills, Iowa (IA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Hills Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 14650
    Status: Active
    Federal Reserve ID: 731247
    Bank Holding Company (Regulatory Top Holder): Hills Bancorporation (RSSDID: 1245291, Location: Hills, IA)
    Date Established: January 01, 1904
    WWW: http://www.hillsbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 18 (Domestic: 15, Interstate: No)
    OTS Docket #: 9204
    FDIC's unique #: 9163
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 01, 1934
    Last Structure Change Effective Date: Febuary 07, 2012
    Last Structure Change Process Date: Febuary 07, 2012
    Last Data Update: Febuary 07, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 131 Main Street, Hills, IA 52235
    County: Johnson
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Cedar Rapids
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Iowa City, IA (#3500)
    Core Based Statistical Area (CBSA): Iowa City, IA (#26980)
    CBSA Metro Statistical Area: Iowa City, IA (#26980)
  • Financial Summary
  • Total assets: $2,018.3 mil
    Equity capital: $235.1 mil
    Deposits held in domestic offices: $1,528.4 mil
    Return on assets (ROA): 1.37% ($27.6 mil)
    Quarterly return on assets: 1.18% ($23.8 mil)
    Return on Equity (ROE): 13.21% ($31.0 mil)
    Quarterly return on equity: 10.71% ($25.2 mil)
    Net income: $27.0 mil
    Quarterly Net income: $5.9 mil
    Pretax return on assets: 1.92% ($38,752.0 mil)
    Quarterly Pretax return on assets: 1.62% ($32,697.0 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 382Total employees (full-time equivalent)
  • $2,018,333Total assets
  • $29,464Cash and due from depository institutions
  • $677Interest-bearing balances
  • $211,367Securities
  • $334Federal funds sold & reverse repurchase agreements
  • $1,688,548Net loans & leases
  • $30,150Loan loss allowance
  • $0Trading account assets
  • $30,321Bank premises and fixed assets
  • $1,327Other real estate owned
  • $2,500Goodwill and other intangibles
  • $2,018,333Life insurance assets
  • $54,472All other assets
  • $1,783,191Total liabilities and capital
  • $1,528,360Total liabilities
  • $1,304,982Total deposits
  • $1,528,360Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 52785.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $187,836Trading liabilities
  • $0Other borrowed funds
  • $14,210Subordinated debt
  • $235,142All other liabilities
  • $235,142Total equity capital
  • $235,142Total bank equity capital
  • $0Perpetual preferred stock
  • $3,725Common stock
  • $51,900Surplus
  • $179,517Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $24,615Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,590Income earned, not collected on loans
  • $183Earning assets
  • $8,689Long-term assets (5+ years)
  • $1,900,926Average Assets, year-to-date
  • $358,568Average Assets, quarterly
  • $1,975,754Volatile liabilities
  • $2,006,427Insider loans
  • $1,557,660FHLB advances
  • $2,000,643Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $227,668Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $269,687Restructured Loans and leases
  • $38,099Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $92,562Total interest income
  • $24,362Total interest expense
  • $68,200Net interest income
  • $5,661Provision for loan and lease losses
  • $19,253Total noninterest income
  • $4,349Fiduciary activities
  • $3,118Service charges on deposit accounts
  • $0Trading account gains & fees
  • $11,786Additional noninterest income
  • $43,813Total noninterest expense
  • $22,420Salaries and employee benefits
  • $6,688Premises and equipment expense
  • $14,705Additional noninterest expense
  • $37,979Pre-tax net operating income
  • $29Securities gains (losses)
  • $10,970Applicable income taxes
  • $27,038Income before extraordinary items
  • $0Extraordinary gains - net
  • $27,038Net income attributable to bank
  • $0Net charge-offs
  • $27,038Cash dividends
  • $4,741Sale, conversion, retirement of capital stock, net
  • $7,749Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 1.31%Cost of funding earning assets
  • 3.66%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 2.35%Noninterest expense to earning assets
  • 1.37%Net operating income to assets
  • 1.37%Return on assets (ROA)
  • 1.92%Pretax return on assets
  • 13.21%Return on equity (ROE)
  • 9.43%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 119.41%Credit loss provision to net charge-offs
  • 9.20%Efficiency ratio
  • 50,099Assets per employee
  • 5.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 28.66%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 284.70%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.62%Net loans and leases to deposits
  • 110.48%Net loans and leases to core deposits
  • 114.26%Equity capital to assets
  • 11.65%Core capital (leverage) ratio
  • 11.38%Tier 1 risk-based capital ratio
  • 14.62%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $1,975,754Average earning assets
  • $204,628Average equity
  • $1,861,565Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $860,536Managed Assets
  • 1Number of Accounts
  • $697,699Personal trust and agency accounts
  • $191,899Employee benefit-defined contribution accounts
  • $64,447Employee benefit-defined benefit accounts
  • $1,610Other retirement accounts
  • $125,671Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $305,361Other fiduciary accounts
  • $8,711Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2155Number of Accounts
  • $0Personal trust and agency accounts
  • $125,671Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $162,837Other retirement accounts
  • $43,584Corporate trust and agency accounts
  • $72,874Other fiduciary accounts
  • $46,021Fiduciary accounts held in foreign offices

List of branches

  • 18 Iowa Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09163Hills Bank And Trust Company131 Main Street, Hills, IA 52235January 01, 1904Full Service Brick and Mortar
    1231888Gilbert Street Branch1401 South Gilbert Street, Iowa City, IA 52240November 01, 1982Full Service Brick and Mortar
    211861Coralville Branch1009 Second Street, Coralville, IA 52241November 08, 1958Full Service Brick and Mortar
    3243148North Liberty BranchHighway 965 And Zeller Street, North Liberty, IA 52317Febuary 09, 1968Full Service Brick and Mortar
    4277536Old Capitol Mall201 South Clinton Street, Iowa City, IA 52240June 30, 1985Full Service Brick and Mortar
    5231889Eastside Branch2621 Muscatine Avenue, Iowa City, IA 52240June 03, 1999Full Service Brick and Mortar
    66472Downtown Branch Cr240 Third Avenue, S.E., Cedar Rapids, IA 52401January 01, 1874Full Service Brick and Mortar
    7221893Mount Vernon Branch720 First Avenue, Mount Vernon, IA 52314Febuary 01, 1998Full Service Brick and Mortar
    8221894Lisbon Branch103 West Main Street, Lisbon, IA 52253Febuary 14, 2000Full Service Brick and Mortar
    957120Kalona Branch120 Fifth Street, Kalona, IA 52247September 19, 1996Full Service Brick and Mortar
    10363342Southwest Cr Branch3610 Williams Boulevard, Sw, Cedar Rapids, IA 52404April 01, 2002Full Service Brick and Mortar
    11366312Marion Branch800 Eleventh Street, Marion, IA 52302Febuary 10, 2003Full Service Brick and Mortar
    12441421Oaknoll Retirement Center701 Oaknoll Drive, Iowa City, IA 52246June 28, 2005Limited Service Retail
    13456277Wellman Branch229 8th Avenue, Wellman, IA 52356September 20, 2006Full Service Brick and Mortar
    14488142Blairs Ferry Road Branch3905 Blairs Ferry Road N.E., Cedar Rapids, IA 52402January 21, 2009Full Service Brick and Mortar
    15528461Hills Bank And Trust Company - Iowa125 North Madison Street, Iowa City, IA 52245Febuary 14, 2012Full Service Retail
    16528887North Liberty Branch590 West Forevergreen Road, North Liberty, IA 52317Febuary 21, 2012Full Service Brick and Mortar
    17529871University Of Iowa Hospitals And Cli200 Hawkins Drive, Iowa City, IA 52242March 20, 2012Full Service Retail

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