---
schema_version: "secwatch.filing_event.v1"
accession: "0000732417-26-000037"
form_type: "8-K"
ticker: "HBIA"
cik: "0000732417"
company_name: "HILLS BANCORPORATION"
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:20:05.549694+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hills Bancorporation Q1 2026 net income $21.9M; capital ratio 11.7%

## Summary
- Unaudited net income of $21.9M for quarter ended March 31, 2026.
- Management-defined capital ratio of 11.7% (non-regulatory, ESOP-adjusted).
- Community Bank Leverage Ratio (primary regulatory metric) approximately 13.15% as of March 31, 2026.
- Results announced on April 20, 2026; no comparative prior-period figures provided.

## SEC filing metadata
- accession: 0000732417-26-000037
- form_type: 8-K
- ticker: HBIA
- cik: 0000732417
- company_name: HILLS BANCORPORATION
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/732417/000073241726000037/0000732417-26-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/732417/000073241726000037/hbia-20260420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000732417-26-000037
- JSON: https://secwatch.observer/filing/0000732417-26-000037.json
- Plain text: https://secwatch.observer/filing/0000732417-26-000037.txt

## Key facts
- Earnings Releases
  HILLS BANCORPORATION reported the quarter ended March 31, 2026 results: net income $21.9 million.
  - Period: the quarter ended March 31, 2026
  - Net income: $21.9 million
  - Result: reported results
  source text: On April 20, 2026, Hills Bancorporation announced to its shareholders unaudited net income of $21.9 million and an unaudited capital ratio of 11.7% for the quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/732417/000073241726000037/0000732417-26-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.