secwatch.observer — SEC 8-K summary
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Issuer:     HBT Financial, Inc. (HBT)
CIK:        0000775215
Form:       8-K/A
Filed at:   2023-04-14T23:59:59+00:00
Accession:  0001558370-23-005961
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HBT Financial completes acquisition of Town and Country; total consideration ~$109.4M; pro forma EPS $2.12
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- Purchase price: 3,378,600 HBT shares + $38.0M cash; total consideration ~$109.4M based on HBT close $21.12.
- Pro forma combined assets $5.205B, loans net $3.235B, deposits $4.343B as of Dec. 31, 2022.
- Pro forma net income $68.4M for year ended Dec. 31, 2022; basic EPS $2.12, diluted EPS $2.12.
- Goodwill recorded $33.1M; core deposit intangible $21.3M (10-yr amort), customer relationship intangible $1.0M (10-yr straight-line).
- Estimated transaction costs not yet recognized: $1.2M for Town and Country, $7.9M for HBT.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/775215/000155837023005961/0001558370-23-005961-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/775215/000155837023005961/hbt-20230201x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-005961

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