Hills Bank and Trust Company is headquartered in Hills, Iowa. It is a state-chartered bank that is not a member of the Federal Reserve System, established 01/01/1904 and insured by the FDIC since 08/01/1934. At the 06/30/2026 reporting date it held $4.8 billion in assets and $3.5 billion in deposits across 21 offices.
Size
By total assets it ranks #293 of 4,213 active FDIC-insured banks in the United States. Among the 225 FDIC-insured banks headquartered in Iowa it ranks #3.
Capital and earnings
| Equity capital | $625 million (13.0% of assets) |
|---|---|
| Net income, year to date | $49 million through 06/30/2026 |
| Return on assets (annualized) | 2.08% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. Hills Bank and Trust Company holds FDIC certificate number 14650. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in Iowa
- Principal Bank, $9.8 billion in assets
- Bankers Trust Company, $7.8 billion in assets
Banks of a similar size
- Dacotah Bank, #291, $4.9 billion in assets
- Carter Bank & Trust, #292, $4.8 billion in assets
- Wheaton Bank & Trust, National Association, #294, $4.8 billion in assets
- First Bank & Trust, #295, $4.8 billion in assets
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This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. hillsbank.com