HBT Financial, Inc. 8K

HBT Financial, Inc. completed its merger with CNB Bank Shares, Inc., integrated CNB Bank into Heartland Bank, expanded its Midwest footprint, and added two former CNB directors to its boards.

HBT Financial, Inc., the holding company for Heartland Bank and Trust Company, announced that it has completed its merger with CNB Bank Shares, Inc., the holding company for CNB Bank & Trust, N.A., in a multi-step transaction under which CNB first merged with a wholly owned HBT subsidiary and then into HBT Financial, and CNB Bank subsequently merged into Heartland Bank, thereby expanding HBT Financial’s presence in the central Illinois, Chicago MSA, and St. Louis MSA markets; as part of the transaction, effective March 1, 2026, the boards of HBT Financial and Heartland Bank increased their size and appointed former CNB leaders James T. Ashworth and Nancy L. Ruyle as directors, while highlighting CNB’s $1.8 billion in assets and the expected strategic benefits and integration risks associated with the merger.

Filing Facts

CIK

775215

Ticker

-

Form

8K

Source Type

sec

Accession

0000775215-26-000021

Alert Tier

8