XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.23.3

SECURITIES (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract] |
Schedule of amortized cost and fair values of securities available-for-sale, with gross unrealized gains and losses | The amortized cost and fair values of debt securities, with gross unrealized gains and losses and allowance for credit losses, are as follows:
|  | September 30, 2023
(dollars in thousands) |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Allowance for Credit Losses |  | Fair Value
Available-for-sale: |  |
U.S. Treasury |  | $ | 169,751 |  | $ | — |  | $ | (15,357) |  |  | $ | — |  | $ | 154,394
U.S. government agency |  | 55,483 |  | — |  | (4,768) |  |  | — |  | 50,715
Municipal |  | 231,444 |  | 1 |  | (36,244) |  |  | — |  | 195,201
Mortgage-backed: |  |  |  |  |  |  |  |  |  |
Agency residential |  | 197,549 |  | 9 |  | (20,508) |  |  | — |  | 177,050
Agency commercial |  | 142,920 |  | 2 |  | (18,593) |  |  | — |  | 124,329
Corporate |  | 57,649 |  | — |  | (6,175) |  |  | — |  | 51,474
Total available-for-sale |  | $ | 854,796 |  | $ | 12 |  | $ | (101,645) |  | $ | — |  | $ | 753,163
|  | September 30, 2023
(dollars in thousands) |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Allowance for Credit Losses
Held-to-maturity: |  |
U.S. government agency |  | $ | 88,442 |  | $ | — |  | $ | (12,392) |  |  | $ | 76,050 |  | $ | —
Municipal |  | 39,344 |  | 6 |  | (1,686) |  |  | 37,664 |  | —
Mortgage-backed: |  |  |  |  |  |  |  |  |  |
Agency residential |  | 98,115 |  | — |  | (9,281) |  |  | 88,834 |  | —
Agency commercial |  | 301,243 |  | — |  | (53,478) |  |  | 247,765 |  | —
Total held-to-maturity |  | $ | 527,144 |  | $ | 6 |  | $ | (76,837) |  |  | $ | 450,313 |  | $ | —
|  | December 31, 2022
(dollars in thousands) |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Available-for-sale: |  |
U.S. Treasury |  | $ | 169,860 |  |  | $ | — |  |  | $ | (15,345) |  |  | $ | 154,515 |
U.S. government agency |  | 59,291 |  |  | — |  |  | (4,134) |  |  | 55,157 |
Municipal |  | 275,972 |  |  | 46 |  |  | (32,189) |  |  | 243,829 |
Mortgage-backed: |  |  |  |  |  |  |  |
Agency residential |  | 213,676 |  |  | 5 |  |  | (18,240) |  |  | 195,441 |
Agency commercial |  | 150,060 |  |  | — |  |  | (17,172) |  |  | 132,888 |
Corporate |  | 65,597 |  |  | 55 |  |  | (3,958) |  |  | 61,694 |
Total available-for-sale |  | $ | 934,456 |  |  | $ | 106 |  |  | $ | (91,038) |  |  | $ | 843,524 |
|  | December 31, 2022
(dollars in thousands) |  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Held-to-maturity: |  |
U.S. government agency |  | $ | 88,424 |  |  | $ | — |  |  | $ | (9,728) |  |  | $ | 78,696 |
Municipal |  | 42,167 |  |  | 195 |  |  | (314) |  |  | 42,048 |
Mortgage-backed: |  |  |  |  |  |  |  |
Agency residential |  | 102,728 |  |  | — |  |  | (6,470) |  |  | 96,258 |
Agency commercial |  | 308,281 |  |  | — |  |  | (46,482) |  |  | 261,799 |
Total held-to-maturity |  | $ | 541,600 |  |  | $ | 195 |  |  | $ | (62,994) |  |  | $ | 478,801 |
Schedule of certain debt securities from the available-for-sale category to the held-to-maturity category | The following is a summary of the amortized cost and fair value of securities transferred to the held-to-maturity category:
| March 31, 2022
(dollars in thousands) | Amortized Cost |  | Fair Value
U.S. government agency | $ | 78,841 |  | $ | 71,048
Mortgage-backed: |  |  |
Agency residential | 8,175 |  | 7,651
Agency commercial | 27,834 |  | 25,432
Total | $ | 114,850 |  | $ | 104,131
Schedule of amortized cost and fair value of securities by contractual maturity | The amortized cost and fair value of debt securities by contractual maturity, as of September 30, 2023, are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
| Available-for-Sale |  | Held-to-Maturity
(dollars in thousands) | Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Due in 1 year or less | $ | 34,149 |  |  | $ | 33,546 |  |  | $ | 2,643 |  |  | $ | 2,634 |
Due after 1 year through 5 years | 213,534 |  |  | 197,634 |  |  | 34,215 |  |  | 31,718 |
Due after 5 years through 10 years | 217,279 |  |  | 180,780 |  |  | 85,250 |  |  | 74,459 |
Due after 10 years | 49,365 |  |  | 39,824 |  |  | 5,678 |  |  | 4,903 |
Mortgage-backed: |  |  |  |  |  |  |
Agency residential | 197,549 |  |  | 177,050 |  |  | 98,115 |  |  | 88,834 |
Agency commercial | 142,920 |  |  | 124,329 |  |  | 301,243 |  |  | 247,765 |
Total | $ | 854,796 |  |  | $ | 753,163 |  |  | $ | 527,144 |  |  | $ | 450,313 |
Schedule of gross unrealized losses and fair value of investments | The following table presents gross unrealized losses and fair value of debt securities available-for-sale that do not have an associated allowance for credit losses as of September 30, 2023, aggregated by category and length of time that individual debt securities have been in a continuous unrealized loss position:
|  | September 30, 2023
|  | Investments in a Continuous Unrealized Loss Position
|  | Less than 12 Months |  | 12 Months or More |  | Total
(dollars in thousands) |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss |  | Fair Value
Available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury |  | $ | — |  |  | $ | — |  |  | $ | (15,357) |  |  | $ | 154,394 |  |  | $ | (15,357) |  |  | $ | 154,394 |
U.S. government agency |  | (5) |  |  | 1,380 |  |  | (4,763) |  |  | 49,298 |  |  | (4,768) |  |  | 50,678 |
Municipal |  | (282) |  |  | 10,479 |  |  | (35,962) |  |  | 183,720 |  |  | (36,244) |  |  | 194,199 |
Mortgage-backed: |  |  |  |  |  |  |  |  |  |  |  |
Agency residential |  | (725) |  |  | 13,924 |  |  | (19,783) |  |  | 160,778 |  |  | (20,508) |  |  | 174,702 |
Agency commercial |  | (86) |  |  | 3,645 |  |  | (18,507) |  |  | 120,593 |  |  | (18,593) |  |  | 124,238 |
Corporate |  | (443) |  |  | 6,317 |  |  | (5,732) |  |  | 45,156 |  |  | (6,175) |  |  | 51,473 |
Total available-for-sale |  | $ | (1,541) |  |  | $ | 35,745 |  |  | $ | (100,104) |  |  | $ | 713,939 |  |  | $ | (101,645) |  |  | $ | 749,684 |
The following table presents gross unrealized losses and fair value of debt securities, aggregated by category and length of time that individual debt securities have been in a continuous unrealized loss position, as of December 31, 2022:
|  | December 31, 2022
|  | Investments in a Continuous Unrealized Loss Position
|  | Less than 12 Months |  | 12 Months or More |  | Total
(dollars in thousands) |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss |  | Fair Value |  | Unrealized Loss |  | Fair Value
Available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury |  | $ | (8,401) |  |  | $ | 92,445 |  |  | $ | (6,944) |  |  | $ | 62,070 |  |  | $ | (15,345) |  |  | $ | 154,515 |
U.S. government agency |  | (2,980) |  |  | 47,370 |  |  | (1,154) |  |  | 7,787 |  |  | (4,134) |  |  | 55,157 |
Municipal |  | (10,906) |  |  | 149,261 |  |  | (21,283) |  |  | 87,794 |  |  | (32,189) |  |  | 237,055 |
Mortgage-backed: |  |  |  |  |  |  |  |  |  |  |  |
Agency residential |  | (8,332) |  |  | 127,288 |  |  | (9,908) |  |  | 65,692 |  |  | (18,240) |  |  | 192,980 |
Agency commercial |  | (4,764) |  |  | 62,672 |  |  | (12,408) |  |  | 70,216 |  |  | (17,172) |  |  | 132,888 |
Corporate |  | (2,594) |  |  | 52,190 |  |  | (1,364) |  |  | 5,600 |  |  | (3,958) |  |  | 57,790 |
Total available-for-sale |  | (37,977) |  |  | 531,226 |  |  | (53,061) |  |  | 299,159 |  |  | (91,038) |  |  | 830,385 |
Held-to-maturity: |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agency |  | (1,754) |  |  | 15,751 |  |  | (7,974) |  |  | 62,945 |  |  | (9,728) |  |  | 78,696 |
Municipal |  | (314) |  |  | 23,433 |  |  | — |  |  | — |  |  | (314) |  |  | 23,433 |
Mortgage-backed: |  |  |  |  |  |  |  |  |  |  |  |
Agency residential |  | (4,039) |  |  | 78,452 |  |  | (2,431) |  |  | 17,806 |  |  | (6,470) |  |  | 96,258 |
Agency commercial |  | (16,716) |  |  | 103,298 |  |  | (29,766) |  |  | 158,501 |  |  | (46,482) |  |  | 261,799 |
Total held-to-maturity |  | (22,823) |  |  | 220,934 |  |  | (40,171) |  |  | 239,252 |  |  | (62,994) |  |  | 460,186 |
Total debt securities |  | $ | (60,800) |  |  | $ | 752,160 |  |  | $ | (93,232) |  |  | $ | 538,411 |  |  | $ | (154,032) |  |  | $ | 1,290,571 |
Schedule of sales of debt securities | Sales of debt securities were as follows during the three and nine months ended September 30:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(dollars in thousands) | 2023 |  | 2022 |  | 2023 |  | 2022
Proceeds from sales | $ | 39,436 |  | $ | — |  | $ | 185,280 |  | $ | —
Gross realized gains | — |  | — |  | — |  | —
Gross realized losses | (813) |  | — |  | (1,820) |  |  | —
Schedule of equity securities with initial cost and carrying values of equity securities, with cumulative net unrealized gains and losses | The initial cost and carrying values of equity securities, with cumulative net unrealized gains and losses are as follows:
|  | September 30, 2023
(dollars in thousands) |  | Readily Determinable Fair Value |  | No Readily Determinable Fair Value
Initial cost |  | $ | 3,142 |  | $ | 2,603
Cumulative net unrealized gains (losses) |  | (36) |  | (303) |
Carrying value |  | $ | 3,106 |  | $ | 2,300
|  | December 31, 2022
(dollars in thousands) |  | Readily Determinable Fair Value |  | No Readily Determinable Fair Value
Initial cost |  | $ | 3,142 |  | $ | 2,142
Cumulative net unrealized gains (losses) |  | (113) |  |  | (165) |
Carrying value |  | $ | 3,029 |  | $ | 1,977
Schedule of unrealized gains (losses) on equity securities | Unrealized gains (losses) on equity securities were as follows during the three and nine months ended September 30, 2023 and 2022:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(dollars in thousands) | 2023 |  | 2022 |  | 2023 |  | 2022
Readily determinable fair value | $ | (46) |  | $ | (107) |  |  | $ | 77 |  | $ | (447) |
No readily determinable fair value | — |  | — |  | (138) |  |  | —
Unrealized gains (losses) on equity securities | $ | (46) |  | $ | (107) |  |  | $ | (61) |  |  | $ | (447) |

X
- Definition Tabular disclosure for sale of available for sale debt securities. + References No definition available. + Details
Name: | hbt_SaleOfDebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | hbt_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of debt securities transferred from the available-for-sale category to the held-to-maturity category. + References No definition available. + Details
Name: | hbt_TransferOfAvailableForSaleSecuritiesToHeldToMaturityCategoryTableTextBlock
Namespace Prefix: | hbt_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-9 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aa) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-6 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration