HBT Financial Results Presentation Deck
Non-GAAP Reconciliations
Adjusted Net Income and Adjusted ROAA
($000)
Net income
Adjustments:
Acquisition expenses¹
Branch closure expenses
Charges related to termination of certain employee benefit
plans
Gains (losses) on sale of closed branch premises
Realized losses on sale of securities
Mortgage servicing rights fair value adjustment
Total adjustments
Tax effect of adjustments
Total adjustments after tax effect
Adjusted net income
Average assets
Return on average assets
Adjusted return on average assets
2020
36,845
HBT
Financial
(1,457)
$
1.07%
1.15 %
2021
56,271
(2,584)
(4,041)
1,152
(2,889)
39,734 $ 56,840
(1,416)
(748)
1,690
27
$ 3,447,500 $ 3,980,538
(474)
(95)
(569)
1.41 %
1.43%
2022
56,456
(1,092)
141
-
2,153
1,202
(551)
651
$ 55,805 $
2023
1.32%
1.31 %
65,842
(13,691)
75
(1,820)
(1,615)
(17,051)
4,711
(12,340)
78,182
$ 4,269,873 $ 4,927,904
1.34 %
1.59%
3Q23
19,715
T
(813)
23
(790)
226
(564)
$ 20,279
$
1.58 %*
1.62 %*
4Q23
18,446
(1,155)
(1,155)
329
(826)
19,272
$4,964,832 $ 5,002,449
* Annualized measure; Includes recognition of an allowance for credit losses on non-PCD loans of $5.2 million and an allowance for credit losses on unfunded commitments of $0.7 million subsequent
to the Town and Country merger during first quarter of 2023.
1.46 %*
1.53 %*View entire presentation