secwatch.observer — SEC 8-K summary
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Issuer:     HAWTHORN BANCSHARES, INC. (HWBK)
CIK:        0000893847
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0000893847-23-000001
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawthorn Bancshares FY2022 net income $20.8M ($3.06 EPS); loans up 16.8%
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- FY2022 net income $20.8M, down from $22.5M in 2021; Q4 net income $4.7M ($0.70 EPS) vs $5.99M prior year.
- Loans held for investment grew $219M (16.8%) to $1.52B; deposits grew $115M (7.6%) to $1.63B.
- Non-performing loans $18.7M (1.23% of loans), down $6.8M from prior year; provision expense $0.1M in Q4.
- Net interest margin (FTE) 3.43% in Q4, down from 3.67% prior year quarter; efficiency ratio 69.5%.
- Board declared $0.17 quarterly dividend payable Apr 1 to holders of record Mar 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893847/000089384723000001/0000893847-23-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893847/000089384723000001/hwbk-20230130.htm
  HTML page:      https://secwatch.observer/filing/0000893847-23-000001

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