REGULATORY MATTERS

3 Months Ended

Mar. 31, 2024

Banking and Thrift, Other Disclosure [Abstract]

REGULATORY MATTERS

REGULATORY MATTERS

The Company (on a consolidated basis) and the Bank are each subject to various regulatory capital requirements administered by the federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory, and possibly additional discretionary, actions by the regulators that, if undertaken, could have a direct material effect on the consolidated financial statements of the Company and the Bank. Additionally, the ability of the Company to pay dividends to its stockholders is dependent upon the ability of the Bank to pay dividends to the Company.

Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of the assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by regulators about components, risk weightings, and other factors. As allowed under the regulations, the Company and the Bank elected to exclude accumulated other comprehensive income, including unrealized gains and losses on debt securities, in the computation of regulatory capital. Prompt corrective action provisions are not applicable to bank holding companies.

Additionally, the Company and the Bank must maintain a “capital conservation buffer” to avoid becoming subject to restrictions on capital distributions and certain discretionary bonus payments to management. The capital conservation buffer is 2.5% of risk-weighted assets.

As of March 31, 2024 and December 31, 2023, the Company and the Bank each met all capital adequacy requirements to which they were subject. The actual and required capital amounts and ratios of the Company (on a consolidated basis) and the Bank are as follows:

	March 31, 2024
	Actual				For Capital Adequacy Purposes				To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
Consolidated HBT Financial, Inc.
Total Capital (to Risk Weighted Assets)	$	611,371	15.79	%	$	309,672	8.00	%	N/A		N/A
Tier 1 Capital (to Risk Weighted Assets)	532,901		13.77		232,254		6.00		N/A		N/A
Common Equity Tier 1 Capital (to Risk Weighted Assets)	481,711		12.44		174,190		4.50		N/A		N/A
Tier 1 Capital (to Average Assets)	532,901		10.65		200,131		4.00		N/A		N/A
Heartland Bank and Trust Company
Total Capital (to Risk Weighted Assets)	$	597,680	15.45	%	$	309,434	8.00	%	$	386,792	10.00	%
Tier 1 Capital (to Risk Weighted Assets)	558,704		14.44		232,075		6.00		309,434		8.00
Common Equity Tier 1 Capital (to Risk Weighted Assets)	558,704		14.44		174,056		4.50		251,415		6.50
Tier 1 Capital (to Average Assets)	558,704		11.17		199,999		4.00		249,999		5.00

	December 31, 2023
	Actual				For Capital Adequacy Purposes				To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)	Amount		Ratio		Amount		Ratio		Amount		Ratio
Consolidated HBT Financial, Inc.
Total Capital (to Risk Weighted Assets)	$	603,234	15.33	%	$	314,814	8.00	%	N/A		N/A
Tier 1 Capital (to Risk Weighted Assets)	527,964		13.42		236,110		6.00		N/A		N/A
Common Equity Tier 1 Capital (to Risk Weighted Assets)	476,789		12.12		177,083		4.50		N/A		N/A
Tier 1 Capital (to Average Assets)	527,964		10.49		201,231		4.00		N/A		N/A
Heartland Bank and Trust Company
Total Capital (to Risk Weighted Assets)	$	586,604	14.92	%	$	314,496	8.00	%	$	393,119	10.00	%
Tier 1 Capital (to Risk Weighted Assets)	550,808		14.01		235,872		6.00		314,496		8.00
Common Equity Tier 1 Capital (to Risk Weighted Assets)	550,808		14.01		176,904		4.50		255,528		6.50
Tier 1 Capital (to Average Assets)	550,808		10.96		201,063		4.00		251,329		5.00