secwatch.observer — SEC 8-K summary
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Issuer:     HAWTHORN BANCSHARES, INC. (HWBK)
CIK:        0000893847
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0000893847-22-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawthorn Q1 net income $6.6M ($1.00 EPS); cash dividend raised to $0.17, special 4% stock dividend
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- Q1 net income $6.6M, up 10.3% vs linked Q4 2021; EPS $1.00 vs $0.90 linked quarter and $0.88 year ago.
- Net interest margin (FTE) 3.50%, down from 3.67% linked quarter; loans (ex-PPP) up 2.9% linked quarter.
- Non-performing loans fell to $17.1M (1.28% of loans) from $25.5M; negative provision for credit losses $2.5M.
- Quarterly cash dividend increased 13.3% to $0.17/share; special 4% stock dividend declared; both payable July 1.
- Regulatory capital remains well-capitalized: Tier 1 leverage 10.99%, total risk-based capital 14.66%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893847/000089384722000014/0000893847-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893847/000089384722000014/hwbk-20220429.htm
  HTML page:      https://secwatch.observer/filing/0000893847-22-000014

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