HBT Financial, Inc. Announces Changes to Board Of Directors
February 17 2022 - 4:05PM
HBT Financial, Inc. (NASDAQ: HBT) (the “Company”), the holding
company for Heartland Bank and Trust Company, today announced the
following changes to the Board of Directors for both HBT Financial,
Inc. and Heartland Bank and Trust Company:
- The retirement of Dale S. Strassheim, effective March 1,
2022
- The appointment of Roger A. Baker, effective March 1, 2022
Mr. Baker previously served as the Chairman and President of NXT
Bancorporation, Inc. (“NXT”) and Chairman of NXT Bank, which were
acquired by the Company on October 1, 2021. Upon joining the
Company’s Board of Directors, Mr. Baker will serve on the Audit
Committee.
“On behalf of the entire Board of Directors, I would like to
thank Dale for his nearly 30 years of service and the valuable
contributions he has made in guiding the growth of our company,”
said Fred L. Drake, Chairman and Chief Executive Officer of the
Company. “We would also like to welcome Roger to our Board of
Directors. Having been instrumental in building NXT into a true
community bank, Roger understands our relationship-based approach
to banking. His experience and insight will be valuable as we
expand our presence in Iowa and continue to grow the HBT franchise
in the years ahead.”
In addition to NXT Bank, Mr. Baker previously served on the
Board of Directors of two other Iowa-based banks, Lincoln Savings
Bank and Liberty Bank. Currently, Mr. Baker is the owner of a
number of businesses, including Sinclair Elevator, Inc., a farm
products and services company. Mr. Baker graduated from Iowa State
University with a degree in Agricultural Economics.
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 provides a
comprehensive suite of business, commercial, wealth management, and
retail banking products and services to individuals, businesses and
municipal entities throughout Central and Northeastern Illinois and
Eastern Iowa through 61 branches. As of December 31, 2021, HBT
had total assets of $4.3 billion, total loans of
$2.5 billion, and total deposits of $3.7 billion.
CONTACT:Matthew KeatingHBTIR@hbtbank.com(310)
622-8230
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