secwatch.observer — SEC 8-K summary
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Issuer:     HAWTHORN BANCSHARES, INC. (HWBK)
CIK:        0000893847
Form:       8-K
Filed at:   2022-01-28T23:59:59+00:00
Accession:  0000893847-22-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawthorn Bancshares full-year 2021 net income $22.5M, EPS $3.40, up 58% YoY
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- Full year net income $22.5M ($3.40 diluted EPS), up from $14.3M ($2.12) in 2020.
- Q4 net income $6.0M ($0.90 EPS), vs $5.2M ($0.77) in Q4 2020; negative provision expense of $(2.4)M.
- Loans ex-PPP grew $70.1M (5.7%) YoY; deposits up $133.2M (9.6%).
- NPLs $25.5M (1.96% of loans), down from $32.8M (2.56%) linked quarter.
- Dividend $0.15/share payable Apr 1, 2022; legal settlement of $1.5M accrued in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893847/000089384722000007/0000893847-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893847/000089384722000007/hwbk-20220128.htm
  HTML page:      https://secwatch.observer/filing/0000893847-22-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer