HBT Financial Results Presentation Deck

Near-Term Outlook Total loans are expected to be flat to down slightly in 1Q24, but we expect loans to grow by low to mid-single digits year-over-year during 2024 ■ Deposit outflows have largely subsided, but movement into higher cost products is expected to continue Investment portfolio is expected to average approximately $33 million of principal cash flows a quarter during 2024 with proceeds used to fund loan growth, decrease wholesale funding, or be reinvested into the securities portfolio I NIM is expected to continue to decline modestly during 1Q24, and flatten in 2Q24 to 3Q24 based on the current interest rate outlook and liquidity position ■Noninterest income during 2024 is expected to grow in low single digits from 4Q23 Noninterest expense should remain between $31 million and $32 million per quarter for 2024 Asset quality expected to remain solid, although increasing unemployment and a declining economy, if any were to occur, could cause increased provisions I Stock repurchase program will continue to be used opportunistically with $15 million available under the current plan through January 1, 2025 Current capital levels and stock valuation compared to peers support M&A if an opportunity arises HBT Financial 13

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