Second Quarter Highlights

Net income of $19.2 million, or $0.61 per diluted share; return on average assets ("ROAA") of 1.53%; return on average stockholders' equity ("ROAE") of 13.47%; and return on average tangible common equity ("ROATCE")⁽¹⁾ of 15.55%
Adjusted net income⁽¹⁾ of $19.8 million; or $0.63 per diluted share; adjusted ROAA⁽¹⁾ of 1.58%; adjusted ROAE⁽¹⁾ of 13.87%; and adjusted ROATCE⁽¹⁾ of 16.02%
Asset quality remained strong with nonperforming assets to total assets of 0.13% and net charge-offs to average loans of 0.12%, on an annualized basis
Net interest margin increased 2 basis points to 4.14% and net interest margin (tax-equivalent basis)⁽¹⁾ increased 3 basis points to 4.19%

BLOOMINGTON, Ill., July 21, 2025 (GLOBE NEWSWIRE) -- HBT Financial, Inc. (NASDAQ:HBT) (the "Company" or "HBT Financial" or "HBT"), the holding company for Heartland Bank and Trust Company, today reported net income of $19.2 million, or $0.61 diluted earnings per share, for the second quarter of 2025. This compares to net income of $19.1 million, or $0.60 diluted earnings per share, for the first quarter of 2025, and net income of $18.1 million, or $0.57 diluted earnings per share, for the second quarter of 2024.

J. Lance Carter, President and Chief Executive Officer of HBT Financial, said, "During the second quarter of 2025, our team continued to deliver consistently strong earnings with adjusted net income⁽¹⁾ of $19.8 million, or $0.63 per diluted share. This was driven by an increase in adjusted pre-provision net revenue⁽¹⁾ of 5.2%, compared to the first quarter of 2025. Adjusted ROAA⁽¹⁾ was 1.58% and adjusted ROATCE⁽¹⁾ was 16.02% for the second quarter while our net interest margin on a tax equivalent basis⁽¹⁾ increased 3 basis points to 4.19%. Our strong profitability coupled with an improvement in our accumulated other comprehensive income due to lower interest rates resulted in a $0.59 increase in our tangible book value per share⁽¹⁾ to $16.02, an increase of 3.8% for the quarter and 17.4% over the last 12 months.

Our balance sheet remains strong as all capital ratios increased during the quarter and asset quality remained stable with nonperforming assets to total assets of only 0.13%. We saw a decrease in loans during the quarter as seasonal paydowns on grain elevator lines of credit caused a decrease in commercial and industrial loans and a higher amount of property sales caused higher payoffs in several other portfolios. We expect to see loan growth return in the third quarter of 2025 due to higher loan pipelines at the end of the second quarter than at the end of the first quarter and fewer payoffs projected.

Our credit discipline, strong profitability and solid balance sheet give us confidence that we are prepared for a variety of economic and interest rate environments. Our capital levels and operational structure support attractive acquisition opportunities should the right opportunity arise."

_{____________________________________}

_{⁽¹⁾ See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.}

Adjusted Net Income

In addition to reporting GAAP results, the Company believes non-GAAP measures such as adjusted net income and adjusted earnings per share, which adjust for acquisition expenses, branch closure expenses, gains (losses) on closed branch premises, realized gains (losses) on sales of securities, mortgage servicing rights fair value adjustments, and the tax effect of these pre-tax adjustments, provide investors with additional insight into its operational performance. The Company reported adjusted net income of $19.8 million, or $0.63 adjusted diluted earnings per share, for the second quarter of 2025. This compares to adjusted net income of $19.3 million, or $0.61 adjusted diluted earnings per share, for the first quarter of 2025, and adjusted net income of $18.1 million, or $0.57 adjusted diluted earnings per share, for the second quarter of 2024 (see "Reconciliation of Non-GAAP Financial Measures" tables below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures).

Net Interest Income and Net Interest Margin

Net interest income for the second quarter of 2025 was $49.7 million, an increase of 2.0% from $48.7 million for the first quarter of 2025. The increase was primarily attributable to improved yields on debt securities and lower funding costs which were partially offset by a decrease in average loan balances.

Relative to the second quarter of 2024, net interest income increased 5.6% from $47.0 million. The increase was primarily attributable to lower funding costs, improved yields on debt securities, and higher average loan balances. Additionally, a $0.5 million increase in nonaccrual interest recoveries and loan fees contributed to the increase in net interest income.

Net interest margin for the second quarter of 2025 was 4.14%, compared to 4.12% for the first quarter of 2025, and net interest margin (tax-equivalent basis)⁽¹⁾ for the second quarter of 2025 was 4.19%, compared to 4.16% for the first quarter of 2025. The increase was primarily attributable to improved yields on debt securities, which increased 11 basis points to 2.60%, and lower funding costs, which decreased 3 basis points to 1.29%.

Relative to the second quarter of 2024, net interest margin increased 19 basis points from 3.95% and net interest margin (tax-equivalent basis)⁽¹⁾increased 19 basis points from 4.00%. The increase was primarily attributable to lower funding costs, higher yields on interest-earning assets, and an increase in nonaccrual interest recoveries and loan fees. The increase in the contribution of nonaccrual interest recoveries and loan fees accounted for 4 basis points of the increase in net interest margin.

_{____________________________________}

_{⁽¹⁾ See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.}

Noninterest Income

Noninterest income for the second quarter of 2025 was $9.1 million, a 1.8% decrease from $9.3 million for the first quarter of 2025. The decrease was primarily attributable to changes in the mortgage servicing rights ("MSR") fair value adjustment, with a $0.8 million negative MSR fair value adjustment included in the second quarter 2025 results compared to a $0.3 million negative MSR fair value adjustment included in the first quarter 2025 results. Partially offsetting this decrease were seasonal increases in card income of $0.2 million and gains on sale of mortgage loans of $0.2 million.

Relative to the second quarter of 2024, noninterest income decreased 4.9% from $9.6 million. The decrease was primarily attributable to changes in the MSR fair value adjustment, with a $0.8 million negative MSR fair value adjustment included in the second quarter 2025 results compared to a $0.1 million negative MSR fair value adjustment included in the second quarter 2024 results. Partially offsetting the decrease was a $0.2 million increase in wealth management fees.

Noninterest Expense

Noninterest expense for the second quarter of 2025 was $31.9 million, nearly unchanged from the first quarter of 2025. A $0.6 million decrease in salaries expense, which was impacted by seasonal variations in vacation accruals, was largely offset by a $0.4 million increase in other noninterest expense and a $0.3 million increase in employee benefits expense, primarily driven by higher medical benefit costs.

Relative to the second quarter of 2024, noninterest expense increased 4.6% from $30.5 million. The increase was primarily attributable to a $0.7 million increase in employee benefits expense, primarily driven by higher medical benefit costs, a $0.3 million increase in other noninterest expense, and a $0.2 million increase in bank occupancy expense, primarily due to planned building maintenance and upgrades.

Income Taxes

During the second quarter of 2025 our effective tax rate increased to 27.0% when compared to 25.2% during the first quarter of 2025. This increase was primarily related to $0.3 million of additional tax expense related to the nonrecurring reversal of a stranded tax effect included in accumulated other comprehensive income, in connection with the maturity of a derivative designated as a cash flow hedge during the second quarter of 2025. Additionally, the first quarter of 2025 included a $0.2 million tax benefit from stock-based compensation that vested during the quarter.

Loan Portfolio

Total loans outstanding, before allowance for credit losses, were $3.35 billion at June 30, 2025, compared with $3.46 billion at March 31, 2025, and $3.39 billion at June 30, 2024. The $113.6 million decrease from March 31, 2025 was primarily attributable to $72.0 million of paydowns from property sales, a seasonal reduction of $25.1 million in grain elevator lines of credit included in the commercial and industrial segment, and additional payoffs across other segments. These reductions were partially offset by draws on existing loans in the construction and development segment and new originations to existing customers. Additionally, increases in the multi-family and commercial real estate – non-owner occupied segments were primarily due to completed projects being moved out of the construction and land development category.

Deposits

Total deposits were $4.31 billion at June 30, 2025, compared with $4.38 billion at March 31, 2025, and $4.32 billion at June 30, 2024. The $78.1 million decrease from March 31, 2025 was primarily attributable to higher outflows for tax payments by depositors and lower balances maintained in existing retail accounts which were partially offset by higher public funds balances.

Asset Quality

Nonperforming assets totaled $6.5 million, or 0.13% of total assets, at June 30, 2025, compared with $5.6 million, or 0.11% of total assets, at March 31, 2025, and $8.8 million, or 0.17% of total assets, at June 30, 2024. Additionally, of the $5.6 million of nonperforming loans held as of June 30, 2025, $1.9 million were either wholly or partially guaranteed by the U.S. government. The $0.9 million increase in nonperforming assets from March 31, 2025 was primarily attributable to higher nonperforming loan balances in the commercial and industrial and the construction and land development segments.

The Company recorded a provision for credit losses of $0.5 million for the second quarter of 2025. The provision for credit losses primarily reflects a $1.0 million increase in required reserves driven by changes in the economic forecast; a $0.8 million increase in required reserves resulting from changes in qualitative factors; a $1.2 million decrease in required reserves driven by changes within the portfolio; and a $0.1 million decrease in specific reserves.

The Company had net charge-offs of $1.0 million, or 0.12% of average loans on an annualized basis, for the second quarter of 2025, compared to net charge-offs of $0.4 million, or 0.05% of average loans on an annualized basis, for the first quarter of 2025, and net charge-offs of $0.7 million, or 0.08% of average loans on an annualized basis, for the second quarter of 2024. Charge-offs during second quarter of 2025 were primarily recognized in the commercial and industrial and one-to-four family residential segments.

The Company's allowance for credit losses was 1.24% of total loans and 741% of nonperforming loans at June 30, 2025, compared with 1.22% of total loans and 825% of nonperforming loans at March 31, 2025. In addition, the allowance for credit losses on unfunded lending-related commitments totaled $3.1 million as of June 30, 2025, compared with $3.2 million as of March 31, 2025.

Capital

As of June 30, 2025, the Company exceeded all regulatory capital requirements under Basel III as summarized in the following table:

	June 30, 2025		For Capital Adequacy Purposes With Capital Conservation Buffer

Total capital to risk-weighted assets	17.74	%	10.50	%
Tier 1 capital to risk-weighted assets	15.60		8.50
Common equity tier 1 capital ratio	14.26		7.00
Tier 1 leverage ratio	11.86		4.00

The ratio of tangible common equity to tangible assets⁽¹⁾ increased to 10.21% as of June 30, 2025, from 9.73% as of March 31, 2025, and tangible book value per share⁽¹⁾ increased by $0.59 to $16.02 as of June 30, 2025, when compared to March 31, 2025.

During the second quarter of 2025, the Company repurchased 135,997 shares of its common stock at a weighted average price of $21.30 under its stock repurchase program. The Company's Board of Directors has authorized the repurchase of up to $15.0 million of HBT Financial common stock under its stock repurchase program, which is in effect until January 1, 2026. As of June 30, 2025, the Company had $12.1 million remaining under the stock repurchase program.

_{____________________________________}

_{⁽¹⁾ See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.}

About HBT Financial, Inc.

HBT Financial, Inc., headquartered in Bloomington, Illinois, is the holding company for Heartland Bank and Trust Company, and has banking roots that can be traced back to 1920. HBT Financial provides a comprehensive suite of financial products and services to consumers, businesses, and municipal entities throughout Illinois and eastern Iowa through 66 full-service branches. As of June 30, 2025, HBT Financial had total assets of $5.0 billion, total loans of $3.3 billion, and total deposits of $4.3 billion.

Non-GAAP Financial Measures

Some of the financial measures included in this press release are not measures of financial performance recognized in accordance with GAAP. These non-GAAP financial measures include adjusted net income, adjusted earnings per share, adjusted ROAA, pre-provision net revenue, pre-provision net revenue less charge-offs (recoveries), adjusted pre-provision net revenue, adjusted pre-provision net revenue less charge-offs (recoveries), net interest income (tax-equivalent basis), net interest margin (tax-equivalent basis), efficiency ratio (tax-equivalent basis), adjusted efficiency ratio (tax-equivalent basis), the ratio of tangible common equity to tangible assets, tangible book value per share, adjusted ROAE, ROATCE, and adjusted ROATCE. Our management uses these non-GAAP financial measures, together with the related GAAP financial measures, in its analysis of our performance and in making business decisions. Management believes that it is a standard practice in the banking industry to present these non-GAAP financial measures, and accordingly believes that providing these measures may be useful for peer comparison purposes. These disclosures should not be viewed as substitutes for the results determined to be in accordance with GAAP; nor are they necessarily comparable to non-GAAP financial measures that may be presented by other companies. See our reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures in the "Reconciliation of Non-GAAP Financial Measures" tables.

Forward-Looking Statements

Readers should note that in addition to the historical information contained herein, this press release contains, and future oral and written statements of the Company and its management may contain, "forward-looking statements" within the meanings of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "will," "propose," "may," "plan," "seek," "expect," "intend," "estimate," "anticipate," "believe," "continue," or "should," or similar terminology. Any forward-looking statements presented herein are made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to: (i) the strength of the local, state, national and international economies and financial markets (including effects of inflationary pressures and supply chain constraints); (ii) effects on the U.S. economy resulting from the threat or implementation of, or changes to, existing policies and executive orders including tariffs, immigration policy, regulatory or other governmental agencies, foreign policy and tax regulations; (iii) the economic impact of any future terrorist threats and attacks, widespread disease or pandemics, acts of war or other threats thereof (including the Russian invasion of Ukraine and ongoing conflicts in the Middle East), or other adverse events that could cause economic deterioration or instability in credit markets, and the response of the local, state and national governments to any such adverse external events; (iv) new and revised accounting policies and practices, as may be adopted by state and federal regulatory banking agencies, the Financial Accounting Standards Board or the Public Company Accounting Oversight Board; (v) changes in local, state and federal laws, regulations and governmental policies concerning the Company's general business and any changes in response to bank failures; (vi) the imposition of tariffs or other governmental policies impacting the value of products produced by the Company's commercial borrowers; (vii) changes in interest rates and prepayment rates of the Company's assets; (viii) increased competition in the financial services sector, including from non-bank competitors such as credit unions and fintech companies, and the inability to attract new customers; (ix) technological changes implemented by us and other parties, including our third-party vendors, which may have unforeseen consequences to us and our customers, including the development and implementation of tools incorporating artificial intelligence; (x) unexpected results of acquisitions, which may include failure to realize the anticipated benefits of acquisitions and the possibility that transaction costs may be greater than anticipated; (xi) the loss of key executives and employees, talent shortages and employee turnover; (xii) changes in consumer spending; (xiii) unexpected outcomes or costs of existing or new litigation or other legal proceedings and regulatory actions involving the Company; (xiv) the economic impact on the Company and its customers of climate change, natural disasters and of exceptional weather occurrences such as tornadoes, floods and blizzards; (xv) fluctuations in the value of securities held in our securities portfolio, including as a result of changes in interest rates; (xvi) credit risks and risks from concentrations (by type of borrower, geographic area, collateral and industry) within our loan portfolio (including commercial real estate loans) and large loans to certain borrowers; (xvii) the overall health of the local and national real estate market; (xviii) the ability to maintain an adequate level of allowance for credit losses on loans; (xix) the concentration of large deposits from certain clients who have balances above current FDIC insurance limits and who may withdraw deposits to diversify their exposure; (xx) the ability to successfully manage liquidity risk, which may increase dependence on non-core funding sources such as brokered deposits, and may negatively impact the Company's cost of funds; (xxi) the level of nonperforming assets on our balance sheet; (xxii) interruptions involving our information technology and communications systems or third-party servicers; (xxiii) the occurrence of fraudulent activity, breaches or failures of our third-party vendors' information security controls or cybersecurity-related incidents, including as a result of sophisticated attacks using artificial intelligence and similar tools or as a result of insider fraud; (xxiv) the effectiveness of the Company's risk management framework, and (xxv) the ability of the Company to manage the risks associated with the foregoing as well as anticipated. Readers should note that the forward-looking statements included in this press release are not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking statements. Additional information concerning the Company and its business, including additional factors that could materially affect the Company's financial results, is included in the Company's filings with the Securities and Exchange Commission.

CONTACT:

Peter Chapman

HBTIR@hbtbank.com

(309) 664-4556

HBT Financial, Inc. Unaudited Consolidated Financial Summary

	As of or for the Three Months Ended									Six Months Ended June 30,
(dollars in thousands, except per share data)	June 30, 2025			March 31, 2025			June 30, 2024				2025			2024
Interest and dividend income	$	63,919		$	63,138		$	62,824		$	127,057		$	124,785
Interest expense		14,261			14,430			15,796			28,691			31,069
Net interest income		49,658			48,708			47,028			98,366			93,716
Provision for credit losses		526			576			1,176			1,102			1,703
Net interest income after provision for credit losses		49,132			48,132			45,852			97,264			92,013
Noninterest income		9,140			9,306			9,610			18,446			15,236
Noninterest expense		31,914			31,935			30,509			63,849			61,777
Income before income tax expense		26,358			25,503			24,953			51,861			45,472
Income tax expense		7,128			6,428			6,883			13,556			12,144
Net income	$	19,230		$	19,075		$	18,070		$	38,305		$	33,328

Earnings per share - diluted	$	0.61		$	0.60		$	0.57		$	1.21		$	1.05

Adjusted net income ⁽¹⁾	$	19,803		$	19,253		$	18,139		$	39,056		$	36,212
Adjusted earnings per share - diluted ⁽¹⁾		0.63			0.61			0.57			1.23			1.14

Book value per share	$	18.44		$	17.86		$	16.14
Tangible book value per share ⁽¹⁾		16.02			15.43			13.64

Shares of common stock outstanding		31,495,434			31,631,431			31,559,366
Weighted average shares of common stock outstanding, including all dilutive potential shares		31,588,541			31,711,671			31,666,811			31,649,766			31,734,999

SUMMARY RATIOS
Net interest margin *		4.14	%		4.12	%		3.95	%		4.13	%		3.95	%
Net interest margin (tax-equivalent basis) * ⁽¹⁾⁽²⁾		4.19			4.16			4.00			4.18			3.99

Efficiency ratio		53.10	%		53.85	%		52.61	%		53.47	%		55.40	%
Efficiency ratio (tax-equivalent basis) ⁽¹⁾⁽²⁾		52.61			53.35			52.10			52.97			54.83

Loan to deposit ratio		77.75	%		78.95	%		78.39	%

Return on average assets *		1.53	%		1.54	%		1.45	%		1.53	%		1.34	%
Return on average stockholders' equity *		13.47			13.95			14.48			13.70			13.46
Return on average tangible common equity * ⁽¹⁾		15.55			16.20			17.21			15.87			16.03

Adjusted return on average assets * ⁽¹⁾		1.58	%		1.55	%		1.45	%		1.56	%		1.45	%
Adjusted return on average stockholders' equity * ⁽¹⁾		13.87			14.08			14.54			13.97			14.63
Adjusted return on average tangible common equity * ⁽¹⁾		16.02			16.36			17.27			16.18			17.42

CAPITAL
Total capital to risk-weighted assets		17.74	%		16.85	%		16.01	%
Tier 1 capital to risk-weighted assets		15.60			14.77			13.98
Common equity tier 1 capital ratio		14.26			13.48			12.66
Tier 1 leverage ratio		11.86			11.64			10.83
Total stockholders' equity to total assets		11.58			11.10			10.18
Tangible common equity to tangible assets ⁽¹⁾		10.21			9.73			8.74

ASSET QUALITY
Net charge-offs (recoveries) to average loans *		0.12	%		0.05	%		0.08	%		0.09	%		0.03	%
Allowance for credit losses to loans, before allowance for credit losses		1.24			1.22			1.21
Nonperforming loans to loans, before allowance for credit losses		0.17			0.15			0.25
Nonperforming assets to total assets		0.13			0.11			0.17

____________________________________

_{⁽¹⁾ See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.}

_{⁽²⁾ On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%.}

HBT Financial, Inc. Unaudited Consolidated Financial Summary Consolidated Statements of Income

	Three Months Ended									Six Months Ended June 30,
(dollars in thousands, except per share data)	June 30, 2025			March 31, 2025			June 30, 2024				2025			2024
INTEREST AND DIVIDEND INCOME
Loans, including fees:
Taxable	$	53,156		$	53,369		$	52,177		$	106,525		$	104,103
Federally tax exempt		1,215			1,168			1,097			2,383			2,191
Debt securities:
Taxable		7,434			6,936			6,315			14,370			12,519
Federally tax exempt		457			469			521			926			1,118
Interest-bearing deposits in bank		1,544			1,065			2,570			2,609			4,522
Other interest and dividend income		113			131			144			244			332
Total interest and dividend income		63,919			63,138			62,824			127,057			124,785
INTEREST EXPENSE
Deposits		12,835			12,939			14,133			25,774			27,726
Securities sold under agreements to repurchase		—			22			129			22			281
Borrowings		30			109			121			139			246
Subordinated notes		469			470			469			939			939
Junior subordinated debentures issued to capital trusts		927			890			944			1,817			1,877
Total interest expense		14,261			14,430			15,796			28,691			31,069
Net interest income		49,658			48,708			47,028			98,366			93,716
PROVISION FOR CREDIT LOSSES		526			576			1,176			1,102			1,703
Net interest income after provision for credit losses		49,132			48,132			45,852			97,264			92,013
NONINTEREST INCOME
Card income		2,797			2,548			2,885			5,345			5,501
Wealth management fees		2,826			2,841			2,623			5,667			5,170
Service charges on deposit accounts		1,915			1,944			1,902			3,859			3,771
Mortgage servicing		1,042			990			1,111			2,032			2,166
Mortgage servicing rights fair value adjustment		(751	)		(308	)		(97	)		(1,059	)		(17	)
Gains on sale of mortgage loans		459			252			443			711			741
Realized gains (losses) on sales of securities		—			—			—			—			(3,382	)
Unrealized gains (losses) on equity securities		23			8			(96	)		31			(112	)
Gains (losses) on foreclosed assets		14			13			(28	)		27			59
Gains (losses) on other assets		(128	)		54			—			(74	)		(635	)
Income on bank owned life insurance		167			164			166			331			330
Other noninterest income		776			800			701			1,576			1,644
Total noninterest income		9,140			9,306			9,610			18,446			15,236
NONINTEREST EXPENSE
Salaries		16,452			17,053			16,364			33,505			33,021
Employee benefits		3,580			3,285			2,860			6,865			5,665
Occupancy of bank premises		2,471			2,625			2,243			5,096			4,825
Furniture and equipment		575			445			548			1,020			1,098
Data processing		2,687			2,717			2,606			5,404			5,531
Marketing and customer relations		1,020			1,144			996			2,164			1,992
Amortization of intangible assets		694			695			710			1,389			1,420
FDIC insurance		551			562			565			1,113			1,125
Loan collection and servicing		360			383			475			743			927
Foreclosed assets		67			5			10			72			59
Other noninterest expense		3,457			3,021			3,132			6,478			6,114
Total noninterest expense		31,914			31,935			30,509			63,849			61,777
INCOME BEFORE INCOME TAX EXPENSE		26,358			25,503			24,953			51,861			45,472
INCOME TAX EXPENSE		7,128			6,428			6,883			13,556			12,144
NET INCOME	$	19,230		$	19,075		$	18,070		$	38,305		$	33,328

EARNINGS PER SHARE - BASIC	$	0.61		$	0.60		$	0.57		$	1.21		$	1.05
EARNINGS PER SHARE - DILUTED	$	0.61		$	0.60		$	0.57		$	1.21		$	1.05
WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING		31,510,759			31,584,989			31,579,457			31,547,669			31,621,205

HBT Financial, Inc. Unaudited Consolidated Financial Summary Consolidated Balance Sheets

(dollars in thousands)	June 30, 2025			March 31, 2025			June 30, 2024
ASSETS
Cash and due from banks	$	25,563		$	25,005		$	22,604
Interest-bearing deposits with banks		170,179			186,586			172,636
Cash and cash equivalents		195,742			211,591			195,240

Interest-bearing time deposits with banks		—			—			520
Debt securities available-for-sale, at fair value		773,206			706,135			669,055
Debt securities held-to-maturity		481,942			490,398			512,549
Equity securities with readily determinable fair value		3,346			3,323			3,228
Equity securities with no readily determinable fair value		2,609			2,629			2,613
Restricted stock, at cost		4,979			5,086			5,086
Loans held for sale		2,316			2,721			858

Loans, before allowance for credit losses		3,348,211			3,461,778			3,385,483
Allowance for credit losses		(41,659	)		(42,111	)		(40,806	)
Loans, net of allowance for credit losses		3,306,552			3,419,667			3,344,677

Bank owned life insurance		24,320			24,153			24,235
Bank premises and equipment, net		68,523			67,272			65,711
Bank premises held for sale		140			190			317
Foreclosed assets		890			460			320
Goodwill		59,820			59,820			59,820
Intangible assets, net		16,454			17,148			19,262
Mortgage servicing rights, at fair value		17,768			18,519			18,984
Investments in unconsolidated subsidiaries		1,614			1,614			1,614
Accrued interest receivable		20,624			22,735			22,425
Other assets		37,553			38,731			59,685
Total assets	$	5,018,398		$	5,092,192		$	5,006,199

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Deposits:
Noninterest-bearing	$	1,034,387		$	1,065,874		$	1,045,697
Interest-bearing		3,272,144			3,318,716			3,272,996
Total deposits		4,306,531			4,384,590			4,318,693

Securities sold under agreements to repurchase		556			2,698			29,330
Federal Home Loan Bank advances		7,240			7,209			13,734
Subordinated notes		39,593			39,573			39,514
Junior subordinated debentures issued to capital trusts		52,879			52,864			52,819
Other liabilities		30,702			40,201			42,640
Total liabilities		4,437,501			4,527,135			4,496,730

Stockholders' Equity
Common stock		329			329			328
Surplus		297,479			297,024			296,430
Retained earnings		341,750			329,169			290,386
Accumulated other comprehensive income (loss)		(32,739	)		(38,446	)		(54,656	)
Treasury stock at cost		(25,922	)		(23,019	)		(23,019	)
Total stockholders' equity		580,897			565,057			509,469
Total liabilities and stockholders' equity	$	5,018,398		$	5,092,192		$	5,006,199
SHARES OF COMMON STOCK OUTSTANDING		31,495,434			31,631,431			31,559,366

HBT Financial, Inc. Unaudited Consolidated Financial Summary

(dollars in thousands)	June 30, 2025		March 31, 2025		June 30, 2024

LOANS
Commercial and industrial	$	419,430	$	441,261	$	400,276
Commercial real estate - owner occupied		317,475		321,990		289,992
Commercial real estate - non-owner occupied		907,073		891,022		889,193
Construction and land development		310,252		376,046		365,371
Multi-family		453,812		424,096		429,951
One-to-four family residential		451,197		455,376		484,335
Agricultural and farmland		271,644		292,240		285,822
Municipal, consumer, and other		217,328		259,747		240,543
Total loans	$	3,348,211	$	3,461,778	$	3,385,483

(dollars in thousands)	June 30, 2025		March 31, 2025		June 30, 2024

DEPOSITS
Noninterest-bearing deposits	$	1,034,387	$	1,065,874	$	1,045,697
Interest-bearing deposits:
Interest-bearing demand		1,097,086		1,143,677		1,094,797
Money market		831,292		812,146		769,386
Savings		568,971		575,558		582,752
Time		774,795		787,335		796,069
Brokered		—		—		29,992
Total interest-bearing deposits		3,272,144		3,318,716		3,272,996
Total deposits	$	4,306,531	$	4,384,590	$	4,318,693

HBT Financial, Inc. Unaudited Consolidated Financial Summary

	Three Months Ended
	June 30, 2025							March 31, 2025							June 30, 2024
(dollars in thousands)	Average Balance			Interest		Yield/Cost *		Average Balance			Interest		Yield/Cost *		Average Balance			Interest		Yield/Cost *

ASSETS
Loans	$	3,417,582		$	54,371	6.38	%	$	3,460,906		$	54,537	6.39	%	$	3,374,058		$	53,274	6.35	%
Debt securities		1,217,386			7,891	2.60			1,204,424			7,405	2.49			1,187,795			6,836	2.31
Deposits with banks		160,726			1,544	3.85			120,014			1,065	3.60			211,117			2,570	4.90
Other		12,519			113	3.66			12,677			131	4.19			12,588			144	4.60
Total interest-earning assets		4,808,213		$	63,919	5.33	%		4,798,021		$	63,138	5.34	%		4,785,558		$	62,824	5.28	%
Allowance for credit losses		(42,118	)						(42,061	)						(40,814	)
Noninterest-earning assets		270,580							276,853							283,103
Total assets	$	5,036,675						$	5,032,813						$	5,027,847

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Interest-bearing deposits:
Interest-bearing demand	$	1,125,787		$	1,569	0.56	%	$	1,120,608		$	1,453	0.53	%	$	1,123,592		$	1,429	0.51	%
Money market		813,531			4,463	2.20			807,728			4,397	2.21			788,744			4,670	2.38
Savings		569,193			374	0.26			569,494			370	0.26			592,312			393	0.27
Time		780,536			6,429	3.30			784,099			6,719	3.48			763,507			7,117	3.75
Brokered		—			—	—			—			—	—			38,213			524	5.51
Total interest-bearing deposits		3,289,047			12,835	1.57			3,281,929			12,939	1.60			3,306,368			14,133	1.72
Securities sold under agreements to repurchase		1,420			—	0.05			8,754			22	1.02			30,440			129	1.70
Borrowings		7,225			30	1.70			12,890			109	3.41			13,466			121	3.60
Subordinated notes		39,582			469	4.76			39,563			470	4.82			39,504			469	4.78
Junior subordinated debentures issued to capital trusts		52,871			927	7.03			52,856			890	6.83			52,812			944	7.18
Total interest-bearing liabilities		3,390,145		$	14,261	1.69	%		3,395,992		$	14,430	1.72	%		3,442,590		$	15,796	1.85	%
Noninterest-bearing deposits		1,044,539							1,045,733							1,043,614
Noninterest-bearing liabilities		29,486							36,373							39,806
Total liabilities		4,464,170							4,478,098							4,526,010
Stockholders' Equity		572,505							554,715							501,837
Total liabilities and stockholders' equity	$	5,036,675						$	5,032,813						$	5,027,847

Net interest income/Net interest margin ⁽¹⁾				$	49,658	4.14	%				$	48,708	4.12	%				$	47,028	3.95	%
Tax-equivalent adjustment ⁽²⁾					548	0.05						545	0.04						553	0.05
Net interest income (tax-equivalent basis)/ Net interest margin (tax-equivalent basis) ^{(2) (3)}				$	50,206	4.19	%				$	49,253	4.16	%				$	47,581	4.00	%
Net interest rate spread ⁽⁴⁾						3.64	%						3.62	%						3.43	%
Net interest-earning assets ⁽⁵⁾	$	1,418,068						$	1,402,029						$	1,342,968
Ratio of interest-earning assets to interest-bearing liabilities		1.42							1.41							1.39
Cost of total deposits						1.19	%						1.21	%						1.31	%
Cost of funds						1.29							1.32							1.42

____________________________________

_{* Annualized measure.}

_{⁽¹⁾ Net interest margin represents net interest income divided by average total interest-earning assets.}

_{⁽²⁾ On a tax-equivalent basis assuming a federal income tax rate of 21% and a state income tax rate of 9.5%.}

_{⁽³⁾ See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.}

_{⁽⁴⁾ Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities.}

_{⁽⁵⁾ Net interest-earning assets represents total interest-earning assets less total interest-bearing liabilities.}

HBT Financial, Inc. Unaudited Consolidated Financial Summary

	Six Months Ended
	June 30, 2025							June 30, 2024
(dollars in thousands)	Average Balance			Interest		Yield/Cost *		Average Balance			Interest		Yield/Cost *

ASSETS
Loans	$	3,439,124		$	108,908	6.39	%	$	3,372,640		$	106,294	6.34	%
Debt securities		1,210,941			15,296	2.55			1,200,871			13,637	2.28
Deposits with banks		140,483			2,609	3.75			189,207			4,522	4.81
Other		12,597			244	3.93			12,787			332	5.22
Total interest-earning assets		4,803,145		$	127,057	5.33	%		4,775,505		$	124,785	5.25	%
Allowance for credit losses		(42,089	)						(40,526	)
Noninterest-earning assets		273,193							280,676
Total assets	$	5,034,249						$	5,015,655

LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities
Interest-bearing deposits:
Interest-bearing demand	$	1,123,212		$	3,022	0.54	%	$	1,125,638		$	2,740	0.49	%
Money market		810,645			8,860	2.20			800,714			9,467	2.38
Savings		569,343			744	0.26			601,768			836	0.28
Time		782,307			13,148	3.39			714,003			13,042	3.67
Brokered		—			—	—			60,181			1,641	5.48
Total interest-bearing deposits		3,285,507			25,774	1.58			3,302,304			27,726	1.69
Securities sold under agreements to repurchase		5,067			22	0.89			31,448			281	1.80
Borrowings		10,042			139	2.79			13,235			246	3.73
Subordinated notes		39,573			939	4.79			39,494			939	4.78
Junior subordinated debentures issued to capital trusts		52,864			1,817	6.93			52,804			1,877	7.15
Total interest-bearing liabilities		3,393,053		$	28,691	1.71	%		3,439,285		$	31,069	1.82	%
Noninterest-bearing deposits		1,045,133							1,040,007
Noninterest-bearing liabilities		32,404							38,457
Total liabilities		4,470,590							4,517,749
Stockholders' Equity		563,659							497,906
Total liabilities and stockholders' equity	$	5,034,249							5,015,655

Net interest income/Net interest margin ⁽¹⁾				$	98,366	4.13	%				$	93,716	3.95	%
Tax-equivalent adjustment ⁽²⁾					1,093	0.05						1,128	0.04
Net interest income (tax-equivalent basis)/ Net interest margin (tax-equivalent basis) ^{(2) (3)}				$	99,459	4.18	%				$	94,844	3.99	%
Net interest rate spread ⁽⁴⁾						3.62	%						3.43	%
Net interest-earning assets ⁽⁵⁾	$	1,410,092						$	1,336,220
Ratio of interest-earning assets to interest-bearing liabilities		1.42							1.39
Cost of total deposits						1.20	%						1.28	%
Cost of funds						1.30							1.39

____________________________________

_{⁽¹⁾ Net interest margin represents net interest income divided by average total interest-earning assets.}

_{⁽²⁾ On a tax-equivalent basis assuming a federal income tax rate of 21% and a state income tax rate of 9.5%.}

_{⁽³⁾ See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.}

_{⁽⁴⁾ Net interest rate spread represents the difference between the yield on average interest-earning assets and the cost of average interest-bearing liabilities.}

_{⁽⁵⁾ Net interest-earning assets represents total interest-earning assets less total interest-bearing liabilities.}

HBT Financial, Inc. Unaudited Consolidated Financial Summary

(dollars in thousands)	June 30, 2025			March 31, 2025			June 30, 2024

NONPERFORMING ASSETS
Nonaccrual	$	5,615		$	5,102		$	8,425
Past due 90 days or more, still accruing		9			4			7
Total nonperforming loans		5,624			5,106			8,432
Foreclosed assets		890			460			320
Total nonperforming assets	$	6,514		$	5,566		$	8,752

Nonperforming loans that are wholly or partially guaranteed by the U.S. Government	$	1,878		$	1,350		$	2,132

Allowance for credit losses	$	41,659		$	42,111		$	40,806
Loans, before allowance for credit losses		3,348,211			3,461,778			3,385,483

CREDIT QUALITY RATIOS
Allowance for credit losses to loans, before allowance for credit losses		1.24	%		1.22	%		1.21	%
Allowance for credit losses to nonaccrual loans		741.92			825.38			484.34
Allowance for credit losses to nonperforming loans		740.74			824.74			483.94
Nonaccrual loans to loans, before allowance for credit losses		0.17			0.15			0.25
Nonperforming loans to loans, before allowance for credit losses		0.17			0.15			0.25
Nonperforming assets to total assets		0.13			0.11			0.17
Nonperforming assets to loans, before allowance for credit losses, and foreclosed assets		0.19			0.16			0.26

	Three Months Ended									Six Months Ended June 30,
(dollars in thousands)	June 30, 2025			March 31, 2025			June 30, 2024				2025			2024

ALLOWANCE FOR CREDIT LOSSES
Beginning balance	$	42,111		$	42,044		$	40,815		$	42,044		$	40,048
Provision for credit losses		595			496			677			1,091			1,237
Charge-offs		(1,252	)		(665	)		(870	)		(1,917	)		(1,097	)
Recoveries		205			236			184			441			618
Ending balance	$	41,659		$	42,111		$	40,806		$	41,659		$	40,806

Net charge-offs	$	1,047		$	429		$	686		$	1,476		$	479
Average loans		3,417,582			3,460,906			3,374,058			3,439,124			3,372,640

Net charge-offs to average loans *		0.12	%		0.05	%		0.08	%		0.09	%		0.03	%

____________________________________

_{* Annualized measure.}

	Three Months Ended							Six Months Ended June 30,
(dollars in thousands)	June 30, 2025			March 31, 2025		June 30, 2024			2025		2024

PROVISION FOR CREDIT LOSSES
Loans	$	595		$	496	$	677	$	1,091	$	1,237
Unfunded lending-related commitments		(69	)		80		499		11		466
Total provision for credit losses	$	526		$	576	$	1,176	$	1,102	$	1,703

Reconciliation of Non-GAAP Financial Measures –

Adjusted Net Income and Adjusted Return on Average Assets

	Three Months Ended									Six Months Ended June 30,
(dollars in thousands)	June 30, 2025			March 31, 2025			June 30, 2024				2025			2024

Net income	$	19,230		$	19,075		$	18,070		$	38,305		$	33,328
Less: adjustments
Gains (losses) on closed branch premises		(50	)		59			—			9			(635	)
Realized gains (losses) on sales of securities		—			—			—			—			(3,382	)
Mortgage servicing rights fair value adjustment		(751	)		(308	)		(97	)		(1,059	)		(17	)
Total adjustments		(801	)		(249	)		(97	)		(1,050	)		(4,034	)
Tax effect of adjustments ⁽¹⁾		228			71			28			299			1,150
Total adjustments after tax effect		(573	)		(178	)		(69	)		(751	)		(2,884	)
Adjusted net income	$	19,803		$	19,253		$	18,139		$	39,056		$	36,212

Average assets	$	5,036,675		$	5,032,813		$	5,027,847		$	5,034,249		$	5,015,655

Return on average assets *		1.53	%		1.54	%		1.45	%		1.53	%		1.34	%
Adjusted return on average assets *		1.58			1.55			1.45			1.56			1.45

____________________________________

_{* Annualized measure.}

_{⁽¹⁾ Assumes a federal income tax rate of 21% and a state tax rate of 9.5%.}

Reconciliation of Non-GAAP Financial Measures –

Adjusted Earnings Per Share — Basic and Diluted

	Three Months Ended						Six Months Ended June 30,
(dollars in thousands, except per share amounts)	June 30, 2025		March 31, 2025		June 30, 2024			2025		2024

Numerator:
Net income	$	19,230	$	19,075	$	18,070	$	38,305	$	33,328

Adjusted net income	$	19,803	$	19,253	$	18,139	$	39,056	$	36,212

Denominator:
Weighted average common shares outstanding		31,510,759		31,584,989		31,579,457		31,547,669		31,621,205
Dilutive effect of outstanding restricted stock units		77,782		126,682		87,354		102,097		113,794
Weighted average common shares outstanding, including all dilutive potential shares		31,588,541		31,711,671		31,666,811		31,649,766		31,734,999

Earnings per share - basic	$	0.61	$	0.60	$	0.57	$	1.21	$	1.05
Earnings per share - diluted	$	0.61	$	0.60	$	0.57	$	1.21	$	1.05

Adjusted earnings per share - basic	$	0.63	$	0.61	$	0.57	$	1.24	$	1.15
Adjusted earnings per share - diluted	$	0.63	$	0.61	$	0.57	$	1.23	$	1.14

Reconciliation of Non-GAAP Financial Measures –

Pre-Provision Net Revenue, Pre-Provision Net Revenue Less Net Charge-offs (Recoveries),

Adjusted Pre-Provision Net Revenue, and Adjusted Pre-Provision Net Revenue Less Net Charge-offs (Recoveries)

	Three Months Ended									Six Months Ended June 30,
(dollars in thousands)	June 30, 2025			March 31, 2025			June 30, 2024				2025			2024

Net interest income	$	49,658		$	48,708		$	47,028		$	98,366		$	93,716
Noninterest income		9,140			9,306			9,610			18,446			15,236
Noninterest expense		(31,914	)		(31,935	)		(30,509	)		(63,849	)		(61,777	)
Pre-provision net revenue		26,884			26,079			26,129			52,963			47,175
Less: adjustments
Gains (losses) on closed branch premises		(50	)		59			—			9			(635	)
Realized gains (losses) on sales of securities		—			—			—			—			(3,382	)
Mortgage servicing rights fair value adjustment		(751	)		(308	)		(97	)		(1,059	)		(17	)
Total adjustments		(801	)		(249	)		(97	)		(1,050	)		(4,034	)
Adjusted pre-provision net revenue	$	27,685		$	26,328		$	26,226		$	54,013		$	51,209

Pre-provision net revenue	$	26,884		$	26,079		$	26,129		$	52,963		$	47,175
Less: net charge-offs		1,047			429			686			1,476			479
Pre-provision net revenue less net charge-offs	$	25,837		$	25,650		$	25,443		$	51,487		$	46,696

Adjusted pre-provision net revenue	$	27,685		$	26,328		$	26,226		$	54,013		$	51,209
Less: net charge-offs		1,047			429			686			1,476			479
Adjusted pre-provision net revenue less net charge-offs	$	26,638		$	25,899		$	25,540		$	52,537		$	50,730

Reconciliation of Non-GAAP Financial Measures –

Net Interest Income (Tax-equivalent Basis) and Net Interest Margin (Tax-equivalent Basis)

	Three Months Ended									Six Months Ended June 30,
(dollars in thousands)	June 30, 2025			March 31, 2025			June 30, 2024				2025			2024

Net interest income (tax-equivalent basis)
Net interest income	$	49,658		$	48,708		$	47,028		$	98,366		$	93,716
Tax-equivalent adjustment ⁽¹⁾		548			545			553			1,093			1,128
Net interest income (tax-equivalent basis) ⁽¹⁾	$	50,206		$	49,253		$	47,581		$	99,459		$	94,844

Net interest margin (tax-equivalent basis)
Net interest margin *		4.14	%		4.12	%		3.95	%		4.13	%		3.95	%
Tax-equivalent adjustment * ⁽¹⁾		0.05			0.04			0.05			0.05			0.04
Net interest margin (tax-equivalent basis) * ⁽¹⁾		4.19	%		4.16	%		4.00	%		4.18	%		3.99	%

Average interest-earning assets	$	4,808,213		$	4,798,021		$	4,785,558		$	4,803,145		$	4,775,505

____________________________________

_{* Annualized measure.}

_{⁽¹⁾ On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%.}

Reconciliation of Non-GAAP Financial Measures –

Efficiency Ratio (Tax-equivalent Basis) and Adjusted Efficiency Ratio (Tax-equivalent Basis)

	Three Months Ended									Six Months Ended June 30,
(dollars in thousands)	June 30, 2025			March 31, 2025			June 30, 2024				2025			2024

Total noninterest expense	$	31,914		$	31,935		$	30,509		$	63,849		$	61,777
Less: amortization of intangible assets		694			695			710			1,389			1,420
Noninterest expense excluding amortization of intangible assets	$	31,220		$	31,240		$	29,799		$	62,460		$	60,357

Net interest income	$	49,658		$	48,708		$	47,028		$	98,366		$	93,716
Total noninterest income		9,140			9,306			9,610			18,446			15,236
Operating revenue		58,798			58,014			56,638			116,812			108,952
Tax-equivalent adjustment ⁽¹⁾		548			545			553			1,093			1,128
Operating revenue (tax-equivalent basis) ⁽¹⁾		59,346			58,559			57,191			117,905			110,080
Less: adjustments to noninterest income
Gains (losses) on closed branch premises		(50	)		59			—			9			(635	)
Realized gains (losses) on sales of securities		—			—			—			—			(3,382	)
Mortgage servicing rights fair value adjustment		(751	)		(308	)		(97	)		(1,059	)		(17	)
Total adjustments to noninterest income		(801	)		(249	)		(97	)		(1,050	)		(4,034	)
Adjusted operating revenue (tax-equivalent basis) ⁽¹⁾	$	60,147		$	58,808		$	57,288		$	118,955		$	114,114

Efficiency ratio		53.10	%		53.85	%		52.61	%		53.47	%		55.40	%
Efficiency ratio (tax-equivalent basis) ⁽¹⁾		52.61			53.35			52.10			52.97			54.83
Adjusted efficiency ratio (tax-equivalent basis) ⁽¹⁾		51.91			53.12			52.02			52.51			52.89

____________________________________

_{⁽¹⁾ On a tax-equivalent basis assuming a federal income tax rate of 21% and a state tax rate of 9.5%.}

Reconciliation of Non-GAAP Financial Measures –

Ratio of Tangible Common Equity to Tangible Assets and Tangible Book Value Per Share

(dollars in thousands, except per share data)	June 30, 2025			March 31, 2025			June 30, 2024

Tangible Common Equity
Total stockholders' equity	$	580,897		$	565,057		$	509,469
Less: Goodwill		59,820			59,820			59,820
Less: Intangible assets, net		16,454			17,148			19,262
Tangible common equity	$	504,623		$	488,089		$	430,387

Tangible Assets
Total assets	$	5,018,398		$	5,092,192		$	5,006,199
Less: Goodwill		59,820			59,820			59,820
Less: Intangible assets, net		16,454			17,148			19,262
Tangible assets	$	4,942,124		$	5,015,224		$	4,927,117

Total stockholders' equity to total assets		11.58	%		11.10	%		10.18	%
Tangible common equity to tangible assets		10.21			9.73			8.74

Shares of common stock outstanding		31,495,434			31,631,431			31,559,366

Book value per share	$	18.44		$	17.86		$	16.14
Tangible book value per share		16.02			15.43			13.64

Reconciliation of Non-GAAP Financial Measures –

Return on Average Tangible Common Equity,

Adjusted Return on Average Stockholders' Equity and Adjusted Return on Average Tangible Common Equity

	Three Months Ended									Six Months Ended June 30,
(dollars in thousands)	June 30, 2025			March 31, 2025			June 30, 2024				2025			2024

Average Tangible Common Equity
Total stockholders' equity	$	572,505		$	554,715		$	501,837		$	563,659		$	497,906
Less: Goodwill		59,820			59,820			59,820			59,820			59,820
Less: Intangible assets, net		16,782			17,480			19,605			17,130			19,970
Average tangible common equity	$	495,903		$	477,415		$	422,412		$	486,709		$	418,116

Net income	$	19,230		$	19,075		$	18,070		$	38,305		$	33,328
Adjusted net income		19,803			19,253			18,139			39,056			36,212

Return on average stockholders' equity *		13.47	%		13.95	%		14.48	%		13.70	%		13.46	%
Return on average tangible common equity *		15.55			16.20			17.21			15.87			16.03

Adjusted return on average stockholders' equity *		13.87	%		14.08	%		14.54	%		13.97	%		14.63	%
Adjusted return on average tangible common equity *		16.02			16.36			17.27			16.18			17.42

____________________________________

_{* Annualized measure.}

HBT Financial, Inc. Announces Second Quarter 2025 Financial Results