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.”
Material Agreements
HILLS BANCORPORATION entered into Agreement of Purchase and Sale with not explicitly named (the Seller) valued at $20,700,000 (effective 2026-05-11).
“On May 11, 2026, Hills Bank and Trust Company ("Hills Bank"), a wholly-owned subsidiary of Hills Bancorporation (the "Company"), entered into an Agreement of Purchase and Sale (the "Agreement") for the acquisition of land and improvements consisting of approximately 19.2 acres, which is a portion of land commonly known as 200 and 500 ACT Drive, Iowa City, Iowa.”
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.”
Shareholder Votes
HILLS BANCORPORATION shareholders approved Non-Binding Advisory Vote on the Frequency of Future Non-Binding Advisory Votes on Executive Compensation at the 2023-08-07 meeting.
“Proposal 1 - Non-Binding Advisory Vote on the Frequency of Future Non-Binding Advisory Votes on Executive Compensation One Year 2,174,742 Two Years 121,343 Three Years 23,733 Abstain 43,242”
Shareholder Votes
HILLS BANCORPORATION shareholders approved Non-Binding Appointment of FORVIS LLP as the independent registered public accounting firm for Hills Bancorporation at the 2023-04-17 meeting.
“Proposal 3 - Non-Binding Appointment of FORVIS LLP as the independent registered public accounting firm for Hills Bancorporation For 4,980,327.37 Against 37,362.55 Abstain 290,514.97 Broker Non-Votes —”
Shareholder Votes
HILLS BANCORPORATION shareholders approved Non-Binding Advisory Vote on Executive Compensation at the 2023-04-17 meeting.
“Proposal 2 - Non-Binding Advisory Vote on Executive Compensation The shareholders approved executive compensation. For 4,388,178.79 Against 146,043.64 Abstain 392,534.46 Broker Non-Votes 381,448.00”
Shareholder Votes
HILLS BANCORPORATION shareholders approved Election of Directors at the 2023-04-17 meeting.
“Proposal 1 - Election of Directors The following individuals were elected to serve as directors to hold office until the 2026 annual meeting: For Withhold Authority Broker Non-Votes Emily A. Hughes 4,898,618.38 28,138.51 381,448.00 Ann Marie Rhodes 4,651,144.88 275,612.01 381,448.00 James C. Schmitt 4,798,476.64 128,280.25 381,448.00 Lisa A. Shileny 4,825,392.21 101,364.68 381,448.00”
Earnings Releases
HILLS BANCORPORATION reported financial results for the quarter ended March 31, 2023.
“On April 17, 2023, Hills Bancorporation issued to its shareholders a Quarterly Financial Report, unaudited, for the quarter ended March 31, 2023, a copy of which is attached as Exhibit 99.1 to this Form 8-K.”
Tony Roetlin was appointed as Senior Vice President and Chief Financial Officer at HILLS BANCORPORATION.
“On November 28, 2022, Hills Bancorporation (the “Company”) appointed Tony Roetlin, age 55, to the position of Senior Vice President and Chief Financial Officer of the Company and the Company’s wholly-owned bank subsidiary, Hills Bank and Trust Company (the “Bank”) effective December 30, 2022.”
Lisa A. Shileny was appointed as President at HILLS BANCORPORATION.
“Effective on November 8, 2022, Hills Bancorporation (the “Company”) appointed Lisa A. Shileny, age 46, to the position of President of the Company’s wholly-owned bank subsidiary, Hills Bank and Trust Company (the “Bank”).”
Jason Weeks was appointed as interim principal accounting officer at HILLS BANCORPORATION.
“Hills Bancorporation (the “Registrant”) appointed Jason Weeks, age 44, to serve as interim principal accounting officer for the Registrant effective Tuesday, September 6, 2022.”
Joseph A. Schueller resigned as Senior Vice President and Chief Financial Officer at HILLS BANCORPORATION.
“On July 13, 2022, Joseph A. Schueller, the principal financial officer of Hills Bancorporation (the "Company") resigned his position as Treasurer of the Company and as Senior Vice President and Chief Financial Officer of Hills Bank and Trust Company.”
Steven R. Ropp departed as Senior Vice President and Director of Commercial Banking at HILLS BANCORPORATION.
“On June 22, 2022, Steven R. Ropp, the Senior Vice President and Director of Commercial Banking for Hills Bank & Trust, the Company’s banking subsidary (collectively the “Company”) announced his plans to retire at the end of 2022.”
Lisa A. Shileny was appointed as Chief Operating Officer at HILLS BANCORPORATION.
“Effective on December 14, 2021, Hills Bancorporation (the “Company”) appointed Lisa A. Shileny, age 45, to the position of Chief Operating Officer of the Company and the Company’s wholly-owned bank subsidiary, Hills Bank and Trust Company (the “Bank”).”
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.