Company Profile
- Based in Bloomington, Illinois, HBT Financial, Inc. (NASDAQ: HBT) (“the company”) is a $5 billion asset bank holding company for Heartland Bank & Trust Company (“the bank”), which traces its roots to 1920. The M.B. Drake family has been an integral part of the company’s leadership since its beginning. Fred Drake currently serves as executive chairman of the board and controls more than 50% of the voting stock of HBT.
- The company operates a network of 66 full-service branches throughout Central Illinois and Eastern Iowa, as well as the Chicago and St. Louis MSAs. It maintains a 20% deposit market share in the Bloomington MSA as well as top deposit positions in other Central IL markets.
- The company offers a full suite of lending products and banking services, including C&I, agricultural, construction and land development, CRE, multifamily, and residential loans. The trust and agricultural services departments had about $2.4 billion of AUA…