HBT Financial Completes Merger with CNB Bank Shares

HBT Financial, Inc. completed its merger with CNB Bank Shares, Inc., the holding company for CNB Bank Trust, N.A. At the effective time, CNB merged into a wholly-owned subsidiary of HBT, with CNB surviving as a wholly-owned subsidiary of HBT. Immediately thereafter, CNB merged with and into HBT Financial, with HBT Financial surviving.

Following the merger, CNB Bank merged with and into Heartland Bank, with Heartland Bank continuing as the surviving bank. As of December 31, 2025, CNB had $1.8 billion in total assets, $1.3 billion in total loans held for investment, and $1.5 billion in total deposits.

The transaction expands HBT Financial’s footprint in central Illinois, the Chicago MSA, and the St. Louis MSA markets.