William Schwickerath II

Hills Bancorporation is a holding company. The Company, through its subsidiary bank, Hills Bank and Trust Company (the Bank), is engaged in the business of banking. The Bank is a full-service commercial bank offering its services to individuals, businesses, governmental units and institutional customers in the communities of Hills, Iowa City, Coralville, North Liberty, Lisbon, Mount Vernon, Kalona, Wellman, Cedar Rapids, Marion and Washington, Iowa. The Bank is engaged in various areas of commercial banking, including acceptance of demand, savings and time deposits; making commercial, real estate, agricultural and consumer loans; maintaining night and safe deposit facilities, and performing collection, exchange and other banking services for individual customers. The Bank administers estates, personal trusts and pension plans, and provides farm management, investment advisory and custodial services for individuals, corporations and non-profit organizations.