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Regional Midwest Banks

Hills Bancorp (HBIA) is a community bank headquartered in Hills, Iowa, serving the central and eastern parts of the state. The bank has a strong focus on serving the financial needs of individuals, businesses, and agriculture in its market areas.

In terms of earnings, Hills Bancorp reported net income of $10.5 million for the full year 2020, representing a decrease of 8.3% compared to the previous year. However, the bank's earnings have been on a general upward trend in recent years, with net income increasing from $7.3 million in 2015 to $11.5 million in 2019.

As for growth, Hills Bancorp has seen steady growth in both assets and loans in recent years. Total assets have increased from $1.2 billion at the end of 2015 to $1.8 billion at the end of 2020, representing an increase of 51.7%. Loans have grown from $929.1 million at the end of 2015 to $1.3 billion at the end of 2020, representing an increase of 41.1%.

One metric that investors may want to keep an eye on is the bank's efficiency ratio, which measures the percentage of net revenue that is consumed by operating expenses. Hills Bancorp's efficiency ratio has fluctuated over the past few years, but it has trended downward in recent quarters. For the full year 2020, the bank's efficiency ratio was 60.9%, down from 63.5% in 2019.

It's important to note that while these financial metrics can provide a snapshot of a company's performance, they are just one part of the picture. Other factors, such as management team, risk management, and market conditions, can also impact a company's stock price and long-term prospects. As with any investment, investors should carefully consider all of these factors before making a decision.