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BUSINESS COMBINATIONS
 9 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
BUSINESS COMBINATIONS BUSINESS COMBINATIONS
CNB Bank Shares, Inc.
On October 20, 2025, HBT Financial and CNB Bank Shares, Inc. ("CNBN"), the holding company for CNB Bank & Trust, N.A. ("CNB Bank"), jointly announced the signing of a merger agreement pursuant to which HBT Financial will acquire CNBN and CNB Bank. The combined company will have increased density in the central Illinois, Chicago MSA, and St. Louis MSA markets.
Under the terms of the merger agreement, total consideration consists of approximately 5.5 million shares of HBT Financial's common stock and $33.8 million in cash. CNBN shareholders may elect to receive either (i) 1.0434 shares of HBT Financial's common stock for each share of CNBN, or (ii) $27.73 per share in cash, or (iii) a combination of cash and stock consideration, subject to adjustment and to the election and proration provisions in the merger agreement. Upon closing the transaction, shareholders of CNBN are expected to hold approximately 15% of HBT Financial's outstanding common stock.
The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions, approval of CNBN shareholders, and regulatory approvals. There were no significant acquisition expenses related to the planned acquisition of CNBN during the three and nine months ended September 30, 2025 and 2024.