HBT Financial Results Presentation Deck
Deposit Overview
Deposit Base Highlights
Highly granular deposit base with cost increases in line with
expectations during the fourth quarter of 2023
Top 100 depositors, by balance, make up 13% of our deposit base,
and the top 200 depositors make up 16%
Excluding brokered deposits, account balances consist of 71%
retail, 21% business, and 8% public funds as of December 31, 2023
Uninsured and uncollateralized deposits estimated to be
$601 million, or 14% of total deposits, as of December 31, 2023
During the fourth quarter of 2023, $144 million of wealth
management customer deposits were brought on balance sheet
HBT
Financial
6.00%
5.00%
4.00%
3.00%
2.00%
1.00%
-%
4Q21
1Q22 2Q22 3Q22
Deposit Beta (4Q21 to 4Q23): 18.7%
1
-O-Fed Funds Rate
Interest-bearing demand
Money market
Savings
Time
Brokered
Total interest-bearing deposits
Total deposits
4Q22 1Q23 2Q23 3Q23
-O-Cost of Deposits*
5
5.50%
1.05%
4Q23
Interest
Costs*
4Q23
0.43 %
1.67 %
0.27 %
3.16%
5.42 %
1.40 %
1.05 %
Spot Interest
Rates²
As of 12/31/23
0.44 %
2.36%
0.30 %
3.43 %
5.42 %
1.65 %
1.25 %
Source: St. Louis FRED
* Annualized measure; ¹ Represents quarterly average of federal funds target rate upper limit; 2 Weighted average spot interest rates do not include impact of purchase accounting
adjustment amortizationView entire presentation