Here are the 10-K annual reports from Hills Bancorp of Iowa (HBIA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow HBIA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HBIA filings page.
Hills Bancorporation, an Iowa-based bank holding company, reports a loan book heavily concentrated in real estate, which made up 86.39% of loans as of December 31, 2025. Mortgage loans totaled $2.741 billion, or 76.90% of the loan portfolio, spanning residential, commercial, multi-family and farmland credits.
Construction loans were $338.10 million, or 9.48% of loans, while commercial and financial loans were $295.62 million (8.29%) and agricultural loans $118.92 million (3.34%). Consumer and tax-exempt public loans remain small portions. Average assets were $4.57 billion in 2025, and investment securities of $955.58 million represented 20.56% of total assets.
The bank operates across Johnson, Linn, Washington and Iowa counties, competing with large banks and credit unions. It emphasizes strong capital and liquidity, reporting a Community Bank Leverage Ratio of 12.94%, above the 9.00% well-capitalized threshold, while noting risks from inflation, interest rates, liquidity, agriculture, climate change and regulation.