Tri-County Financial Group, Inc. filed a Form 8-K on November 2, 2026, reporting the results of a special stockholder meeting held October 29, 2026, at which shareholders voted to approve the company's proposed merger with HBT Financial, Inc.

Key Highlights

  • Merger approved: Stockholders voted 1,807,469 for and 179,603 against adoption of the Merger Agreement with HBT Financial, Inc.
  • High turnout: Holders of 1,998,191 shares, or approximately 82.3% of outstanding shares, were represented in person or by proxy at the Special Meeting.
  • Record date shares: As of the September 10, 2026 record date, 2,427,703 shares of common stock were outstanding, each entitled to one vote.
  • Merger structure: According to the filing, the Company will merge with and into HBT Financial, with HBT as the surviving corporation.
  • Adjournment proposal also passed: A proposal to approve adjournments of the Special Meeting, if needed, passed 1,813,509 for and 150,058 against.
  • Merger Agreement date: The Agreement and Plan of Merger was dated August 10, 2026, and includes HB-TYFG Merger, Inc., a wholly-owned subsidiary of HBT, as a party.

Tri-County Financial Group Stockholders Back HBT Financial Merger at October 29 Special Meeting

Tri-County Financial Group, Inc. (OTC:TYFG), a Delaware-incorporated company headquartered at 706 Washington Street, Mendota, Illinois 61342, disclosed the voting results from a special meeting of stockholders held on October 29, 2026. The meeting was called to consider proposals related to the previously announced Agreement and Plan of Merger, dated August 10, 2026, among the Company, HBT Financial, Inc., and HB-TYFG Merger, Inc., a wholly-owned subsidiary of HBT.

According to the filing, the record date for determining stockholders entitled to vote was September 10, 2026, at which time 2,427,703 shares of common stock were outstanding. At the Special Meeting, holders of 1,998,191 shares, representing approximately 82.3% of outstanding shares, were present in person or by proxy, constituting a quorum. On the primary Merger Proposal, stockholders voted 1,807,469 in favor, 179,603 against, and 11,119 abstained or withheld. A secondary proposal to approve potential adjournments of the Special Meeting, if deemed necessary and advisable to further solicit proxies, also passed, with 1,813,509 votes for, 150,058 against, and 34,624 abstaining or withheld.

The filing states that under the Merger Agreement, Tri-County Financial Group will merge with and into HBT Financial, Inc., with HBT as the surviving corporation. The 8-K was signed on November 2, 2026, by Lana Eddy, Chief Financial Officer of Tri-County Financial Group, Inc. The company is identified as an emerging growth company in the filing.

What Was Disclosed

Tri-County Financial Group disclosed the voting results from its October 29, 2026 special stockholder meeting, confirming shareholder approval of its merger agreement with HBT Financial, Inc. and an adjournment proposal, with approximately 82.3% of shares represented at the meeting.