HBT Financial, Inc. is a bank holding company based in Bloomington, Illinois, providing a wide range of financial services to consumers, businesses, and municipalities in Illinois and Eastern Iowa. The company, which operates through its subsidiary Heartland Bank and Trust Company, has a total asset base of $5.1 billion and specializes in deposits, various types of loans (including commercial and agricultural loans), digital banking, trust and investment services, as well as wealth management solutions. Established in 1982, HBT Financial has expanded its reach through several strategic acquisitions, improving its market presence and service offerings over the years.
The company's operations reflect a commitment to strong safety standards, profitability, and controlled growth, underpinned by a diversified portfolio that minimizes risks associated with concentration in any single sector. By emphasizing personal customer service and maintaining a strong credit culture, HBT Financial positions itself to cater effectively to the needs of both urban and rural markets in a competitive landscape, facing challenges from traditional banks, fintechs, and credit unions.