XML 156 R136.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS - Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 71,780 $ 65,842 $ 56,456
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation 1,752 1,953 1,949
Net gain on sales of foreclosed assets (112) (764) (118)
Net cash provided by operating activities 89,372 65,829 72,586
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from sales of equity securities 58 0 0
Proceeds from sale of foreclosed assets 1,396 4,093 475
Net cash paid for acquisition of Town and Country 0 (14,454) 0
Net cash provided by (used in) investing activities 32,346 132,663 (335,123)
CASH FLOWS FROM FINANCING ACTIVITIES      
Taxes paid related to the vesting of restricted stock units (331) (181) (57)
Repurchase of common stock (4,423) (8,907) (4,783)
Cash dividends and dividend equivalents paid (24,183) (21,873) (18,584)
Net cash used in financing activities (125,278) (171,399) (32,572)
NET DECREASE IN CASH AND EQUIVALENTS (3,560) 27,093 (295,109)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 141,252 114,159 409,268
CASH AND CASH EQUIVALENTS AT END OF YEAR 137,692 141,252 114,159
Reportable Legal Entities | Consolidated HBT Financial, Inc.      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income 71,780 65,842 56,456
Adjustments to reconcile net income to net cash provided by operating activities:      
Undistributed earnings of consolidated subsidiaries (44,684) (9,199) (35,044)
Stock-based compensation 1,752 1,953 1,949
Amortization of discount and issuance costs on subordinated notes and debentures 139 139 145
Net gain on sales of foreclosed assets 0 (563) 0
Changes in other assets and liabilities, net (1,105) 360 769
Net cash provided by operating activities 27,882 58,532 24,275
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from sales of equity securities 20 0 0
Purchase of foreclosed assets from Heartland Bank 0 0 (2,325)
Proceeds from sale of foreclosed assets 0 2,888 0
Net cash paid for acquisition of Town and Country 0 (37,523) 0
Net cash provided by (used in) investing activities 20 (34,635) (2,325)
CASH FLOWS FROM FINANCING ACTIVITIES      
Taxes paid related to the vesting of restricted stock units (331) (181) (57)
Repurchase of common stock (4,423) (8,907) (4,783)
Cash dividends and dividend equivalents paid (24,183) (21,873) (18,584)
Net cash used in financing activities (28,937) (30,961) (23,424)
NET DECREASE IN CASH AND EQUIVALENTS (1,035) (7,064) (1,474)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 17,214 24,278 25,752
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 16,179 $ 17,214 $ 24,278