---
schema_version: "secwatch.filing_event.v1"
accession: "0000893847-23-000018"
form_type: "8-K"
ticker: "HWBK"
cik: "0000893847"
company_name: "HAWTHORN BANCSHARES, INC."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:37:03.368285+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hawthorn Q2 net income $2.5M, EPS $0.36 down 44% YoY; loan quality improves, dividend maintained at $0.17

## Summary
- Net income of $2.5M ($0.36 EPS) vs $4.5M ($0.64) a year ago; Q2 includes $1.8M OREO write-down.
- Net interest margin (FTE) widened to 3.19% from 3.16% linked quarter; net interest income $14.2M.
- Loans held for investment $1.56B (+1.4% QoQ); deposits $1.54B (-4% QoQ) driven by public fund reductions.
- Non-performing loans ratio fell to 0.25% from 1.27% linked quarter as $15M loans returned to accruing status.
- Board declared $0.17/share quarterly dividend payable Oct 1, record Sep 15; no change from prior rate.

## SEC filing metadata
- accession: 0000893847-23-000018
- form_type: 8-K
- ticker: HWBK
- cik: 0000893847
- company_name: HAWTHORN BANCSHARES, INC.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893847/000089384723000018/0000893847-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893847/000089384723000018/hwbk-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000893847-23-000018
- JSON: https://secwatch.observer/filing/0000893847-23-000018.json
- Plain text: https://secwatch.observer/filing/0000893847-23-000018.txt

## Key facts
- Earnings Releases
  HAWTHORN BANCSHARES, INC. reported the three and six months ended June 30, 2023 results: net income $2.5 million, EPS $0.36 per diluted share.
  - Period: the three and six months ended June 30, 2023
  - Net income: $2.5 million
  - EPS: $0.36 per diluted share
  - Result: reported results
  source text: On July 26, 2023, Hawthorn Bancshares, Inc. issued a press release announcing its financial results for the three and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/893847/000089384723000018/0000893847-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.