Red Flags Detected

• ⚠ The Notes Will Be Unsecured and Subordinated to Any Existing and Future Senior Indebtedness. (new) — The notes rank below all senior debt and are structurally subordinated to subsidiary liabilities, exposing holders to significant loss risk.
• ⚠ The Notes Include Limited Covenants and Do Not Restrict Our Ability to Incur Additional Debt. (new) — Lack of covenants allows HBT to take on more debt or engage in shareholder-friendly actions without noteholder consent, increasing credit risk.
• ⚠ Payments On the Notes Will Depend On Receipt of Dividends and Distributions From Our Subsidiaries. (new) — HBT is a holding company reliant on bank dividends; regulatory or contractual limits could prevent it from making note payments.
• ⚠ The Notes Are Subject to Limited Rights of Acceleration. (new) — Noteholders cannot accelerate for payment defaults, only for receivership or bankruptcy, weakening creditor protections.