HBT Financial Results Presentation Deck
Securities Portfolio Overview
Securities Overview
■ Company's debt securities consist primarily of the following
types of fixed income instruments:
Agency guaranteed MBS: MBS pass-throughs, CMOS, and
CMBS
Municipal Bonds: weighted average NRSRO credit rating of
Aa2/AA
Treasury, Government Agency Debentures, and SBA-
backed Full Faith and Credit Debt
■ Corporate Bonds: Investment Grade Corporate and Bank
Subordinated Debt
Investment strategy focused on maximizing returns and
managing the Company's asset sensitivity with high credit
quality intermediate duration investments
■ Company emphasizes predictable cash flows that limit faster
prepayments when rates decline or extended durations when
rates rise
Net loss of $3.4 million on sale of $66.8 million of municipal
securities in January 2024 with proceeds used to reduce
wholesale funding. The book yield of the securities sold was
1.87% and the average life was 6.7 years.
HBT
Financial
Financial data as of December 31, 2023, unless otherwise indicated
Key Investment Portfolio Metrics
($000)
Amortized Cost
11
Unrealized Gain/(Loss)
Allowance for Credit Losses
Fair Value
Book Yield
Effective Duration (Years)
Agency CMBS: 32%
Book Yield: 1.98%
AFS
HTM
$ 831,624 $ 521,439
(72,163) (54,943)
Agency RMBS: 21%
Book Yield: 2.88%
759,461
2.16%
3.26
Portfolio Composition
Corporate: 4%
Book Yield: 4.47%
466,496
Amortized Cost: $1,353mm
Book Yield: 2.26%
2.43 %
4.93
Total
$1,353,063
(127,106)
1,225,957
U.S. Treasury: 12%
Book Yield: 1.37%
2.26%
3.90
U.S. Gov't Agency: 11%
Book Yield: 2.50%
Municipal: 20%
Book Yield: 2.02%View entire presentation