HBT Financial Results Presentation Deck

Net Interest Margin ■ Fourth quarter 2023 net interest margin decreased 14 basis points from the prior quarter, primarily attributable to higher funding costs which outpaced an increase in asset yields 38% of the loan portfolio matures or reprices within the next 12 months Loan mix is 64% fixed rate and 36% variable rate, and 71% of variable rate loans have floors FTE NIM¹ GAAP NIM Accretion of acquired loan discounts contribution to NIM PPP loan fees contribution to NIM 4.38% 4.31% 2019 7bps N/A 3.60% HBT Financial Annual 3.54% 3.23% 3.18% 3.60% 3.54% 4.15% 2022 2bps 4bps 4.09% 2023 9bps Obps 31.5% 6 <3m Percentage of Loans Maturing or Repricing FTE NIM*1 GAAP NIM* 4.17% 4.10% 6.2% 3m-12m 4Q22 2bps Obps 4.26% 21.5% 4.20% 12m-3y Fixed Accretion of acquired loan discounts contribution to NIM* PPP loan fees contribution to NIM* Quarterly Variable 4.22% 4.16% 24.4% 3y-5y 4.13% 2020 2021 1Q23 2Q23 4Q23 2bps 3bps 7bps 9bps 10bps 9bps 24bps Obps Obps Obps * Annualized measure; ¹ Tax-equivalent basis metric; see "Non-GAAP reconciliations" in the Appendix for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures 4.07% 16.5% 3Q23 10bps Obps 5y+ 3.99% 3.93%

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