HBT Financial Inc 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJune 30, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to Commission file number:001-39085 HBT Financial, Inc. (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of July23, 2025, there were31,495,434shares outstanding of the registrant’s common stock, $0.01 par value. TABLE OF CONTENTSHBT Financial, Inc. PART I. FINANCIAL INFORMATION3Item 1.Consolidated Financial Statements3Consolidated Balance Sheets3Consolidated Statements of Income4Consolidated Statements of Comprehensive Income5Consolidated Statement of Changes in Stockholders’ Equity7Consolidated Statements of Cash Flows8Notes to Consolidated Financial Statements10Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations50Item 3.Quantitative and Qualitative Disclosures about Market Risk84Item 4.Controls and Procedures86PART II. OTHER INFORMATION87Item 1.Legal Proceedings87Item 1A.Risk Factors87Item 2.Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of EquitySecurities87Item 3.Defaults Upon Senior Securities87Item 4.Mine Safety Disclosures87Item 5.Other Information88Item 6.Exhibits88 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements contained in this Quarterly Report are forward-looking statements. Forward-looking statements mayinclude statements relating to our plans, strategies and expectations, near-term loan growth, net interest margin, mortgagebanking profits, wealth management fees, expenses, asset quality, capital levels, continued earnings, and liquidity.Forward-looking statements are generally identifiable by use of the words "believe," "may," "will," "should," "could,""expect,""estimate,""intend,""anticipate,""project,""plan"or similar expressions.Forward-looking statements arefrequently based on assumptions that may or may not materialize and are subject to numerous uncertainties that couldcause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could causeactual results to differ materially from the results anticipated or projected and which could materially and adversely affectour operating results, financial condition or prospects include, but are not limited to: •the strength of the local, state, national, and international economies and financial markets (including effects ofinflationary pressures and supply chain constraints);•effects on the U.S. economy resulting from the threat or implementation of, or changes to, existing policies andexecutive orders including tariffs, immigration policy, regulatory or other governmental agencies, foreign policy andtax regulations;•the economic impact of any future terrorist threats and attacks, widespread disease or pandemics, acts of war orother threats thereof (including the Russian invasion of Ukraine and ongoing conflicts in the Middle East), or otheradverse events that could cause economic deterioration or instability in credit markets, and the response of thelocal, state and national governments to any such adverse external events;•new and revised accounting policies and practices, as may be adopted by state and federal regulatory bankingagencies, the Financial Accounting Standards Board or the Public Company Accounting Oversight Board;•changes in local, state and federal laws, regulations and governmental policies concerning