Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 22, 2022, Steven R. Ropp, the Senior Vice President and Director of Commercial Banking for Hills Bank & Trust, the Company's banking subsidary (collectively the "Company") announced his plans to retire at the end of 2022. The Company intends to work with Mr. Ropp to transition his responsibilities between now and the time of his retirement at the end of 2022.

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