---
schema_version: "secwatch.filing_event.v1"
accession: "0000893847-23-000024"
form_type: "8-K"
ticker: "HWBK"
cik: "0000893847"
company_name: "HAWTHORN BANCSHARES, INC."
filed_at: "2023-12-18T23:59:59+00:00"
generated_at: "2026-06-07T11:35:25.372862+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hawthorn Bancshares sells $83.7M in low-yield securities, records $9.1M after-tax loss to reposition balance sheet

## Summary
- Sold $83.7M book value of investment securities (avg yield 1.57%), realizing after-tax loss of $9.1M.
- Securities sold included U.S. Treasuries ($1.0M), MBS ($57.1M), agencies ($20.5M), municipal ($5.1M).
- Proceeds to be reinvested in higher-yield assets and pay down borrowings; expected accretive to earnings, NIM, ROA.
- Loss on sale expected to have neutral impact on consolidated shareholders' equity and tangible book value per share.
- Regulatory capital remains well above well-capitalized thresholds.

## SEC filing metadata
- accession: 0000893847-23-000024
- form_type: 8-K
- ticker: HWBK
- cik: 0000893847
- company_name: HAWTHORN BANCSHARES, INC.
- filed_at: 2023-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893847/000089384723000024/0000893847-23-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893847/000089384723000024/hwbk-20231218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000893847-23-000024
- JSON: https://secwatch.observer/filing/0000893847-23-000024.json
- Plain text: https://secwatch.observer/filing/0000893847-23-000024.txt

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