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BUSINESS COMBINATIONS (Tables)
 12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Expenses Related to the Acquisition Acquisition-related expenses recognized during the year ended December 31, 2025 are summarized below.
Year Ended
(dollars in thousands)December 31, 2025
NONINTEREST EXPENSE
Salaries$43
Data processing370
Legal fees and other noninterest expense586
Total CNB acquisition-related expenses$999
The acquisition of Town and Country further enhanced HBT Financial’s footprint in central Illinois, and expanded our footprint into metro-east St. Louis. Acquisition-related expenses recognized during the years ended December 31, 2023 are summarized below. There were no Town and Country acquisition-related expenses recognized subsequent to the second quarter of 2023.
Year Ended
(dollars in thousands)December 31, 2023
PROVISION FOR CREDIT LOSSES$5,924
NONINTEREST EXPENSE
Salaries3,584
Furniture and equipment39
Data processing2,031
Marketing and customer relations24
Loan collection and servicing125
Legal fees and other noninterest expense1,964
Total noninterest expense7,767
Total Town and Country acquisition-related expenses$13,691
Schedule of Assets Acquired and Liabilities Assumed
The fair value of the assets acquired and liabilities assumed from Town and Country on the acquisition date of February 1, 2023 were as follows (dollars in thousands):
Fair Value
Assets acquired:
Cash and cash equivalents$23,542
Interest-bearing time deposits with banks249
Debt securities167,869
Equity securities301
Restricted stock2,822
Loans held for sale1,612
Loans, before allowance for credit losses635,376
Allowance for credit losses(1,247)
Loans, net of allowance for credit losses634,129
Bank owned life insurance15,782
Bank premises and equipment14,828
Foreclosed assets271
Intangible assets22,282
Mortgage servicing rights10,469
Investments in unconsolidated subsidiaries449
Accrued interest receivable3,113
Other assets8,940
Total assets acquired906,658
Liabilities assumed:
Deposits720,417
FHLB advances86,439
Junior subordinated debentures14,949
Other liabilities5,999
Total liabilities assumed827,804
Net assets acquired$78,854
Consideration paid:
Cash$37,996
Common stock71,356
Total consideration paid$109,352
Goodwill$30,498
Schedule of PCD Loans at Acquisition The following table provides a summary of these PCD loans at acquisition (dollars in thousands):
Unpaid principal balance$89,822
Allowance for credit losses at acquisition(1,247)
Non-credit discount(2,218)
Purchase price$86,357
Schedule of Acquisition Related Expenses The acquisition-related expenses that have been recognized are included in net income in the following table.
Pro Forma
(dollars in thousands, except per share data)Year Ended December 31, 2023
Total revenues (net interest income and noninterest income)$230,171
Net income66,056
Earnings per share - basic2.07
Earnings per share - diluted2.06