HILLS BANCORPORATION (OTCMKTS:HBIA) Files An 8-K Submission of Matters to a Vote of Security Holders

HILLS BANCORPORATION (OTCMKTS:HBIA) Files An 8-K Submission of Matters to a Vote of Security Holders

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Item 5.07 Submission of Matters to a Vote of Security Holders

The Annual Meeting of Shareholders was held on April 17, 2017.
The matters listed below were submitted to a vote of the
shareholders through the solicitation of proxies, and the
proposals are described in detail in the Companys Proxy Statement
filed with the Securities and Exchange Commission on March 17,
2017. The final results of the shareholder votes are as follows:
Proposal 1 – Election of Directors
The following individuals were elected to serve as directors to
hold office until the 2020 Annual Meeting:
For
Withhold Authority
Broker Non-Votes
Emily A. Hughes
5,132,728
25,795
394,341
James A. Nowak
5,150,355
8,168
394,341
Theodore H. Pacha
5,086,126
72,397
394,341
Ann Marie Rhodes
5,087,987
70,336
394,341
Proposal 2 – Non-Binding Advisory Vote on Executive Compensation
The shareholders approved executive compensation.
For
4,949,100
Against
28,611
Abstain
180,812
Broker Non-Votes
394,341
Proposal 3 – Non-Binding Advisory Vote on the Frequency of Future
Non-Binding Advisory Votes on Executive Compensation
One Year
3,825,547
Two Years
635,529
Three Years
391,545
Abstain
305,902
Broker Non-Votes
394,341
Proposal 4 – Non-Binding Appointment of BKD LLP as the
independent registered public accounting firm for Hills
Bancorporation
The shareholders approved BKD LLP as independent registered
public accounting firm.
For
5,407,841
Against
9,524
Abstain
135,499
Broker Non-Votes


About HILLS BANCORPORATION (OTCMKTS:HBIA)

Hills Bancorporation is a bank holding company engaged, through its subsidiary bank, Hills Bank and Trust Company (the Bank), in the business of commercial banking. The Bank is a full-service commercial bank offering its services to individuals, businesses, governmental units and institutional customers. 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. The Bank makes commercial and agricultural loans, real estate loans, automobile, installment and other consumer loans.

HILLS BANCORPORATION (OTCMKTS:HBIA) Recent Trading Information

HILLS BANCORPORATION (OTCMKTS:HBIA) closed its last trading session 00.00 at 51.00 with 100 shares trading hands.

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