secwatch.observer — SEC 8-K summary
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Issuer:     HAWTHORN BANCSHARES, INC. (HWBK)
CIK:        0000893847
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000893847-23-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawthorn Bancshares Q3 net income $2.6M ($0.36 EPS); declares $0.17 dividend
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- Net income $2.6M, $0.36 EPS; flat vs Q2 but down 47.7% YoY from $4.9M.
- Net interest margin FTE 3.35%, up 16 bps linked quarter but down 21 bps YoY.
- Non-interest income fell 62% linked quarter due to $2.8M OREO write-down.
- Credit quality remained strong: NPLs 0.25% of loans; allowance for credit losses 1.44%.
- Dividend of $0.17/share declared, payable Jan 1, 2024, record Dec 15, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893847/000089384723000021/0000893847-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893847/000089384723000021/hwbk-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000893847-23-000021

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