Never seen hickory behave like that before. Yes it had some bug damage, but you might get a break on that limb, and the other would still be okay, as it was only drawn 22" but broke comprehensively in tension.
I can only guess, but that the stave might of had dry rot through it. There appears to be some grey areas on the back that could be a fungal infection( or they could be pencil marks).
Perhaps it had an incredibly low moisture content. I had a board of tropical wood, made a really nice bow from it. I cut out another stave from the same board, got it braced, part tillered. I put it into a drying box, where I kept some part green staves 38-40 degrees Celsius. It was about 2 weeks before I had a chance to work on it again. I tried to string it and the lower limb just snapped. I put it down to the drying box, drying it out too much.