HILLS BANCORPORATION: Articles amended to increase authorized common stock from 20,000,000 to 40,000,000 shares to effect a two-for-one stock split (effective 2026-05-15).
“On April 14, 2026, the Board of Directors of Hills Bancorporation approved an amendment (the “Amendment”) to the Company's Restated Articles of Incorporation (the “Articles”) pursuant to paragraph 4 of §1005 of the Iowa Business Corporation Act, Chapter 490, Code of Iowa, to increase the number of shares of stock that the Company is authorized to issue from 20,000,000 shares of common stock, no par value, to 40,000,000 shares of common stock, no par value.”
Governance Changes
HILLS BANCORPORATION: Amended Bylaws to add Section 1 to Article VI regarding issuance of paper certificates for shares; default form of share ownership changed to uncertificated book entry registration (effective 2026-05-12).
“On May 12, 2026, the Board of Directors of Hills Bancorporation approved an amendment (the “Amendment”) to the Company’s Bylaws (the “Bylaws”) to include a new section 1 to Article VI regarding issuance of paper certificates for shares, including that the default form of share ownership will be uncertificated book entry registration.”
Earnings Releases
HILLS BANCORPORATION reported the quarter ended March 31, 2026 results: net income $21.9 million.
“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.”
Auditor Changes
HILLS BANCORPORATION engaged Crowe LLP as its auditor.
“On April 2, 2026, the Audit Committee of the Board of Directors of Hills Bancorporation (the “Company”) approved the engagement of Crowe LLP (“Crowe”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Auditor Changes
HILLS BANCORPORATION engaged Crowe LLP as its auditor.
“On January 5, 2026, the Audit Committee of the Board of Directors of the Company approved the engagement of Crowe LLP ("Crowe") to serve as the Company’s independent registered public accounting firm”
Auditor Changes
HILLS BANCORPORATION dismissed Forvis Mazars, LLP as its auditor.
“on January 5, 2026, the Audit Committee of the Company’s Board of Directors notified Forvis Mazars, LLP that it will be dismissed as the Company’s independent registered public accounting firm”
Lisa Shileny was appointed as President and CEO at HILLS BANCORPORATION.
“the Board of Directors of Hills Bancorporation (the “Company”), appointed Lisa Shileny as President and CEO of the Company and Hills Bank and Trust Company (“Hills Bank”), on October 8, 2024, to be effective January 1, 2025.”
Dwight Seegmiller changed role as President and Chief Executive Officer at HILLS BANCORPORATION.
“Mr. Dwight Seegmiller, President and CEO of the Company and CEO of Hills Bank, will transition to a management advisory role effective January 1, 2025, through his retirement in April of 2025, to assist in the transition of leadership of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.